Community Housing Association Inc

“Community housing management corp. (chmc) is a related tax-exempt entity that provides management services for community housing association, inc. Chmc collects rents, pays bills, and generally maintains the housing units. Chmc is also the common paymaster for all employees who provide these services to community housing association and related entities.”

“The finance committee is given the opportunity to review a draft of the 990 and makes suggestions or approves it. Either the president and ceo or another board officer reviews the 990 and signs it on behalf of community housing association, inc. The full board is provided with copies of the annual audit report and form 990 for review at its next regular meeting.”

“Board members are given the conflict of interest policy at their annual meeting and all members are asked to sign an annual disclosure form. If members are not in attendance or forget to sign the document, follow-up emails are sent, and they are asked to sign and return the disclosure form. Senior employees also complete the conflict of interest disclosure annually.”

“Each year, the board chair and the chair (or a co-chair) of the personnel committee meet to evaluate the president and ceo's performance. The chair (or a co-chair) of the personnel committee also considers what other comparable entities do (if there are any), as well as a comparison to the initial baseline compensation. The board chair or the chair (or a co-chair) of the personnel committee polls the executive committee for comments on performance and compensation. The process is for the board chair to then meet with the president and ceo to discuss performance and the compensation determined by the executive committee.”

“Documents provided upon written request.”

“Community housing association, inc. Ceased operations in 2022. On september 1, 2022, the corporation sold the property and all associated personal property, leases, contracts, and intangible property to covenant place iii, llc, a related party of the corporation.”

“All w-2s are filed by community housing management corp, a related entity that performs management functions for community housing association, inc.”

“Officer compensation and salaries and wages reported in the statement of functional expenses are community housing association's allocable share of such amounts; all such compensation is paid by community housing management corp.”