Truth for Life

“The members shall be elected at each annual meeting of members, or at a special meeting called for the purpose of electing members, or the members may be designated at any time by the unanimous written action of the members. In the event of the occurrence of any vacancy or vacancies in the members, however caused, the remaining members may, though less than a majority of the whole authorized number of members, by the vote of a majority of their number, fill any vacancy for the unexpired term. During such time as alistair begg is serving as a member, no person shall be eligible for election or re-election as a member without the approval of alistair begg in a writing signed by him and dated no earlier than sixty (60) days prior to such person's election or reelection.”

“Unless otherwise directed by the board of trustees, the president shall have full power and authority on behalf of the corporation to vote, either in person or by proxy, at any meeting of stockholders of any corporation in which this corporation may hold stock, and at any such meeting may possess and exercise all of the rights and powers incident to the ownership of such stock which, as the owner thereof, this corporation might have possessed and exercised if present. The board of trustees may confer like powers upon any other person and may remove any such powers as granted at its pleasure.”

“The finance committee reviews and the board of directors approves the annual form 990.”

“Policy is monitored by the finance committee and enforced as necessary.”

“The salary, if any, of each officer shall be fixed by the board of trustees, and the fact that any officer is a member of the corporation or a trustee shall not preclude him from receiving a salary or from voting on the resolution providing for the same. Members and trustees shall not receive any stated salary for their services as such, but, by resolution of the board of trustees, the expenses of attendance may be allowed for attendance at each regular or special meeting of the board. The board of trustees shall have power, in its discretion, to contract for and to pay to trustees rendering unusual or exceptional services to the corporation special compensation appropriate to the value of such services.”

“Upon written request and available on our website and charity rating websites ie,: guidestar and charity navigator.”

“Included in the total contributions for the current year (2016), $1,475,331.00 were restricted contributions from a capital campaign for use in acquiring fixed assets associated with the construction of a new facility. The prior year (2015) contributions consisted of restricted contributions from the capital campaign of $2,433,736.00 and the value of donated land for the new facility at $320,000.00.”

“On the return as originally filed, payroll tax expense reported on line 10 was overstated by $211,805 and total compensation reported on lines 5 and 7 was understated by the same amount. This return has been amended to reflect the correct amounts of compensation and related payroll taxes on lines 5, 7 and 10.”

“Of the total net assets reported on line 33, the board has designated $10,364,152 for the construction of a new building for the organization.”

“Of the cash accounts at the beginning of the year $4,899,553.00 was held for the purposes of acquiring fixed assets associated with the construction of a new facility. Of the cash held at the end of the year, $2,016,613.00 was held for the purposes of acquiring fixed assets associated with the construction of a new facility.”

“Land, buildings, and equipment at the end of the year includes $10,828,371.00 of building construction in progress. The cost of the newly constructed building along with the related furniture and equipment assets were completed and put into service in february 2017.”