Coretta Scott King Housing Development Fund Corporation

“The company has entered into a property management agreement with an affiliated company, community property management inc., which provides for rental management, repairs and supervision. Property management fees expense for the years ended december 31, 2024 was $53,914 no board members or officers were paid by the management company.”

“Coretta scott king hdfc does not have any committees with authority to act on behalf of the governing body.”

“Coretta scott king hdfc has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. Before the prepared form 990 is filed, it is sent electronically to every member of the board to review and is discussed with management at a meeting of the board of directors. Once the board has approved the return it is filed with the internal revenue service.”

“Annually and upon first joining csk hdfc, each director, officer and employee is provided with a copy of csk's conflict of interest policy. The policy requires such individual to sign an annual disclosure form of any interest that could give rise to a conflict. Directors, officers and key employees are required to sign a more comprehensive disclosure form than are employees. The policy and disclosure form are distributed and collected by the hr department and submitted to the compliance officer for review. All potential conflicts are reported to the compliance officer who reports directly to the board of directors. Potential conflicts of interest involving directors are reported to the full board of directors. A director involved, directly or indirectly, in an actual or potential conflict of interest transaction may not participate in any discussion of the relevant transaction.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org. In addition, forms 990 and governing documents as well as the financial statements and conflict of interest policy are available upon written request.”

“Security services: program service expenses 224,427. Management and general expenses 0. Fundraising expenses 0. Total expenses 224,427.”