New Century Housing Inc

“Warm Hearth, a related organization, compensates the officers and employees. A committee of the board of directors is appointed to review the compensation levels of officers and key employees and for establishing the new pay rates of these employees. Compensation is compared with salary survey information available from national trade associations engaged in similar activities. The compensation level is determined by consensus of the committee and reported to human resources.”

“A copy of the return is provided to the finance committee of the board of directors prior to filing. The finance committee discusses the 990 at their regularly scheduled meeting in May of each year. The finance committee is responsible for receiving the audit reports of the independent auditor and reviewing the Form 990 prepared by the independent accountants. The finance committee reports back to the board of directors any recommendations or findings of their study.”

“The employee handbook has a statement of the code of conduct and the conflict of interest policy. The board member orientation materials include this information as well. The employees are asked to review this policy as a part of their annual performance review and board members are requested to update their commitment to this policy upon reelection to a new term.”

“Form 990 is available upon request. The governing documents, financial statements, and conflict of interest policy is not available for public inspection.”

“miscellaneous - Total Revenue: 65415, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 65415;”

“The process has not changed from the prior year.”