Echoing Ridge Residential Inc.

“A copy of form 990 was distributed to the organization's governing body for review prior to submission to the irs.”

“The organization annually provides forms to employees which require disclosure of any conflicts of interest the employee may have with the organization. The conflict of interest of the board members is reviewed by the president of the organization who determines if a conflict of interest exists. If there is a conflict of interest, the board member with the conflict will abstain from voting on that issue. If at any point during the year a board member acquires a conflict, they should disclose that to the president of the organization for review.”

“The process for determining compensation of the organization's officers or key employees is done through echoing hills village, inc., a related party. The board of directors of echoing hills village, inc. Sets all salaries of top management officials, officers, and key employees. In setting the salaries, the board reviews salary surveys to be certain the salaries are comparable to others in like positions of similar organizations. The board of director's documents their decision and approval in the board meeting minutes every year in conjunction with the budget approval process, which takes place every year during the month of june.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“John swanson's, harry c. Busch's, and d. Cordell brown's w-2 forms are issued through echoing hills village, a related organization. For financial recordkeeping purposes, all compensation is allocated between echoing hills village (99.35%), echoing hills village foundation (0.45%), and echoing ridge residential (0.20%).”

“The committee that assumes responsibility for oversight of the audit and selection of the independent accountant has not changed its oversight process or selection process from the prior year.”