Rall Place Inc.

“A draft of the return is reviewed first by the sponsor's (bluegrass.org) internal management. After the sponsor's internal management has reviewed the return and any changes are made, a draft is made available for review and presentation to the orgranizations audit/finance committee and the sponsor's cfo. Finally, the audit/finance committee and sponsor's cfo meet with the independent tax preparer to review form 990 and make final changes prior to its filing. A draft is also made available for the board of directors to review.”

“The organization adopted the sponsors conflict of interest policy. Each board member signs the conflict of interest statement annually and has a brief overview of the requirement to disclose. New board members have an orientation which includes details of the policy. Key employees have been given a review of the policy annually and new key employees are educated on the policy in day two of orientation.”

“The organization does not compensate anyone; however, the related organization uses the following process: national and local survey infomration is reviewed by the human resource director and executive director to assist in determining salaries. When broad salary adjustments are deemed necessary in order to be in line with local markets, the information is reviewed and approved by the board of directors.”

“Audited financial statements are submitted to the department of housing and urban development as required by the contract. Governing documents, conflict of interest policy and financial statements are available upon request at the corporate location.”

“The individuals listed below work more than 40 hours each week on average when this organization and all related organizations are aggregated: paul beatrice, david hanna and dana royse. The organization paying the compensation provided the information for the individuals estimated hours, compensation, and benefits.”

“The process has not changed from the prior year. The sponsor's audit/finance committee is charged with the oversight of the independent accountant selection process and review of the annually audited financial statements.”