The Christian Center

“Per the centers constitution, article v - management, section 4 - legislative power over all things pertaining to the christian center and its activities, excepting such things as are already covered by the constitution and bylaws, shall be primarily vested in the general committee. The general committee shall have and retain the right, however, as the need may appear, to delegate or assign any consistent amount of authority, either temporarily or indefinitely and until further action, into the hands of the board of directors, provided, however that the general committee shall always have the power to rescind or to re-appropriate to itself any such delegated or assigned authority, without prior notice. Section 8 - management and oversight of the property of the christian center shall be in the hands of the board of directors. Board membership shall not be less than 9 in number elected from the general committee, and may be increased to 12 members with up to 3 special members (or members-at-large) being elected from outside the general committee. These special board members shall be nominated by the board and elected by the general committee.”

“Per the centers constitution, article v - management, section 11 - the board of directors shall be finally answerable to the general committee, and shall in general conduct its activities in harmony with any rules laid down by that committee.”

“Form 990 is prepared by a third-party accountant. Both the managing director and treasurer review a draft copy of the form prior to filing”

“All board members file annual statements, as monitored by the managing director and board officers.”

“The managing directors salary is determined on an annual basis by the board of directors. Geographical and industry data is consulted during this process.”

“These documents are all made available upon request by the general public.”

“Line 2c - the center owns a large facility and rents office space to several other 501(c)(3) not for profit entities at less than fair rental value. In accordance with the instructions, this revenue is reported on line 2.”

“Modified cash basis - receivables and payables are not recorded. Non-cash assets and liabilities result from previous cash transactions. Donated real property is recorded at fair value. Depreciation expense is provided on the property and equipment.”