The Downtownwaterfront Business Improvement Dist Inc of Yonkers Ny

“Form 990 is prepared by an outside accounting firm. After management has reviewed form 990, it is submitted to the board of directors to review and approve prior to submission.”

“The downtown/waterfront business improvement district, inc. Of yonkers, ny currently has in place a conflict of interest policy which it annually monitors and enforces. The board currently mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, the member of the board will be notified immediately for appropriate action.”

“The executive committee determines executive director compensation by reviewing appropriate and adequate data to determine the reasonableness of compensation being considered. The decision is adequately documented in the minutes of the organization. The compensation is reviewed periodically by the executive committee and brought to the full board for a vote.”

“SEE 15A.”

“The organization makes its 990 available for public inspection on guidestar.org. The char500, 990 and financial statements are available on charitiesnys.com. In addition, form 990, financial statements and other policies of the organization are available upon request.”

“The yonkers downtown/waterfront business improvement district shall serve the special improvement district identified within its geographically specified bounds, the yonkers business community and the city of yonkers to formulate, promote and implement the economic revitalization and general welfare of the district and the city, promote and preserve the cultural, historic, tourist and civic interests of the district and the city; mobilize available public and private resources for these purposes; provide a mechanism by which service firms, retail establishments, property owners, employers, citizens, and others can cooperate to promote business opportunities, employment, consumer choices, shoppers' facilities, and the general civic interests; and aid, work with, and participate in the activities of other organizations, individuals and public and private entities within and outside the city engaged in similar activites.”