Oak Park Residence Corporation

“The controller and executive director will review the 990 and once they have completed their review the 990 will be presented to the board president and treasurer for review and signature.”

“The board of directors has the responsibility for formulating the policies and programs of the organization. Supervising and implementing the policies and taking the necessary corrective action to promote the center's goals are enforced at each of the monthly regularly scheduled meetings. In addition a handbook contains the organization's conflict of interest policy. Monitoring includes the organization's procurement policy which requires a bid process and executive director oversight for purchases of 5,000.00 or more. Purchases of 20,000.00 or more require a sealed bid process and approval by the board of directors. The executive director maintains an open door policy which allows employees to freely come forward with any issues.”

“All positions have a written job description describing functions to be performed, education required, and number oy years of work experience required. The work performance of each individual is carefully evaluated and reviewed at least once on an annual basis. Salary advancement is based upon the financial circumstances of the corporation, the salary range for the position, and the employee's demonstrated work performance. Oversight of the process sits with the personal committee comprised of four members of the board of directors, the executive director, and the human resource director.”

“See above explanation which covers process of the compensation process.”

“The governing documents will be made available to the pubic upon request via the u.s. Mail. Or e- mail service.”

“The organization was established to promote the progress and general welfare of the residents of the village of oak park, illinois by improving or causing to be improved substandard oak park housing stock and developing projects and activities for the prevention and elimination of blight influence and in cooperation with government and civic bodies for the prevention and elimination of racial and ethnic prejudice and discrimination. The organization also assists the local government in implementing its fair housing ordinance, instructs and councels individuals and groups on housing management standards, housing rehabilitation techniques and improvement of residential properties to provide elderly persons and handicapped persons with housing facilities to meet their physical needs to promote their health, security, happiness, and usefulness in longer living.”