Mhcs Real Estate Holding Company

“Committee meeting documentation there were no committees in place during the year.”

“Form 990 review process the chief operating officer receives a copy of the form 990 from the return preparer and conducts a review of the return for completeness and accuracy. Once he is satisfied that the return is ready to be filed, he forwards an electronic copy to each board member with his recommendation to file the return as delivered. However, no board member undertakes any review of the form either before or after the filing.”

“Conflict of interest policy compliance all officers, directors, trustees, and key employees at least annually are required to disclose or update their interests that could give rise to conflicts of interest. Once annually each member of the board of directors is provided with a copy of the conflict of interest policy and is required to review the document to determine if a conflict of interest exists. For all other times during the year, all officers, directors, trustees, and key employees are expected to notify the board if they determine that a conflict has arisen. All conflicts of interest are determined and reviewed at the board of directors level. Restrictions imposed on anyone with a conflict include prohibiting them from participating in the governing body's deliberations and decisions in the transaction.”

“Organization documents available to public all organization governing documents, conflict of interest policy, consolidated financial statements, and the annual form 990 are available to the public upon request. The annual form 990 is also posted to the guidestar website for public access.”