Pjam Inc.

“The organization's form 990 is first reviewed by the cfo, followed by the ceo who then signs the return.”

“The organization follows the procedures of the parent organization, metropolitan area advisory committee on anti poverty of san diego, inc.,(maac) whereby board members annually sign a statement which affirms that such person has received a copy of the conflicts of interest policy, has read and understands the policy and understands that the project is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes, and has agreed to comply with the policy. Each member of the board of directors shall review this policy annually. Any changes to the policy shall be communicated immediately to all responsible persons. Monitoring will be conducted annually by the audit committee of maac and compliance record will be maintained by the directors.”

“The organziation does not compensate any board members.”

“The organziation does not compensate any board members.”

“The public inspection copy of the organization's form 990 from the previous three years will be available (for inspection or copying) at the organization's main office during normal business hours. Copies of the filed returns are also available for review at guidestar.com and the attorney general's website. When responding to a public inspection request for any organizational document or form 990 by anyone, the organization shall fulfill such request in a timely fashion without inquiring as to the reason for the request.”

“Pjam inc had a .1% interest in president john adams manor apartments l.p. Which owned and operated a 300-unit apartment project unitl it was sold to maac housing corporation in may 2016. The sale was accounted for as a transfer of selected accounts at the partnership's carrying amounts as a result of the transaction occurring between entities under common control. Part of the transaction was transerred to the company's capital account resulting in a gain to pjam inc. And elimination of the investment in the partnership.”