Oakland Estates Apartments Inc

“Oakland estates apartments, inc. Is managed by bradley residential management corporation, a professional property management company. Bradley residential management corporation has a project owner's and management agent's certification for multifamily housing projects with the us department of housing and urban development. Under this certification, hud has approved bradley residential management corporation to manage the oakland estates apartment community. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed to establish a safe, sanitary and affordable environment.”

“The membership is one class and each member is entitled to one vote on matters which by statute members are entitled to vote upon as well as all additional matters upon which members are entitled to vote by authority of the by-laws. Membership is open to any resident of the corporation's service area or other stakeholders interested in furthering the purpose of the corporation as stated in the articles of incorporation.”

“As provided in the articles of incorporation directors of the corporation must be members of the board of directors of oaklawn psychiatric center, inc. Or such non-members of that board of directors who have been approved by the board of directors of oaklawn psychiatric center, inc.”

“The affairs of the corporation shall be managed by or under the direction of the board of directors which shall have all of the duties, powers and authorities as prescribed under the statutes of the state of indiana concerning an indiana not-for-profit.”

“The auditing firm sends a draft of the return to the management company. The management company presents the 990 at the board meeting for their review. Once the board has an opportunity to ask questions, the board approves the form 990 and the president gives appproval to file the return.”

“Review the policy on an annual basis with the board of directors to make sure that everyone is in compliance.”

“The related organization's board of directors reviews and approves the compensation package provided to the president and chief executive officer. The compensation review includes a market analysis study and a performance review. For other officers, the related organization participates in several market surveys annually. Management of the related organization compares compensation levels of like positions and strives to adjust the organization's compensation packages for like positions to fall within the range of the market with a goal to be competitively placed between the 50th and 75th percentile of the market range.”

“Existing policies, returns and financial statements are maintained at the offices of the management company. These documents are made available to the public upon written request.”

“Description of hours worked for related organizations: all of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.”

“The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board member for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.”