Cedar Court Apartments

“The organization's members are the board of directors of memorial member association, inc.”

“The organization's board of directors are elected by the members of memorial member association, inc.”

“Amendments to the organization's governing documents must be approved by a majority of the members.”

“The accounting department accumulates all 990 information. These documents are reviewed by the cfo prior to submission to the internal revenue service and are made available to the board of directors through director's desk or other means of electronic retrieval.”

“The organization's conflict of interest policy covers members of the board of directors or committees thereof. The board or committee to which such disclosure is made shall thereupon determine, by majority vote, whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is deemed to exist, such person shall not vote on, nor use personal influence on, or participate (other than to present factual information to or respond to questions) in the discussions and deliberations with respect to such contract or transactions. Such person may be counted in determining the existence of a quorum at any meeting where the contract or transaction is under discussions or is being voted upon. The minutes of the meeting shall reflect the disclosure made, the vote thereon and, where applicable, the abstention from voting and participation, and whether a quorum was present.”

“Cedar court apartments, inc. Does not have any employees. As noted in the explanation for form 990, part vi, section b, line 13 and 14, cedar court apartments, inc. Is managed and operated by the management of aspirus medford hospital & clinics, inc. Aspirus medford hospital & clinics, inc. Used the following practices for establishing compensation for such individuals: compensation committee, independent compensation consultant, written employment contract, compensation survey or study, and approval by the board or compensation committee.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“All members of the memorial member association, inc.'s board of directors serve on the board of cedar court apartments, inc. Matters involving cedar court apartments, inc. Are resolved during regularly scheduled meetings of the memorial member association, inc.'s board; as such, no additional time has been allocated to the additional related organization. In addition, some officers and directors also provided service to other related organizations other than cedar court apartments, inc. And memorial member association, inc. These hours are reflected in line 2 of column b.”