Women'S Institute Realty

“Wir-ct, through its subsidiaries park city supportive housing llc and lakeview housing llc, outsources management of day-to-day property operations to independent property management companies through contractual agreements.”

“The board of directors authorized the finance committee to review and approve the form 990. A draft form was made available to any board member who wished to review it.”

“The organization requires annual submission of a written conflict-of-interest questionnaire by all officers, directors, and employees. The questionnaire requests disclosure of any possible professional or personal conflicts of the officer, director, or employee, or their immediate family members, in regard to transactions and relationships with the organization, its affiliates, its vendors, its funders and lenders, and/or any other significant relationship held by the organization. Additionally, any potential conflicts that may arise throughout the year are disclosed at regular board meetings, and assessed by management. If a conflict is evident or potentially evident, the following processes occur: (1) if an officer or director, the member is recused from all discussion and voting authority in which the conflict exists, and (2) if an employee, any negotiation and compensation between the organization and the party-of-interest is assigned to a non-interested senior employee.”

“Form 990, part vi, section b, line 15a & b: organization did not pay any compensation to executive director or officers”

“The organization makes its audited financial statements available on its website. Governing documents are available to the public upon request.”

“Pass through loss: victory gardens housing, llc -73. Pass through loss: ferry crossing, llc -28,640. Pass through loss: park city limited partnership -37. Pass through loss: essex centerbrook llc -60,400.”

“For the tax year 2018, taxpayer hereby elects under code section 266 and irs regulations 1.266-1 to capitalize, rather than deduct, property taxes, mortgage interest, insurance expenses, and other miscellaneous carrying costs on the properties located at neckroad, old lyme ct, 193-201 main st, norwich ct and thompson school in west haven ct.”