Webster Avenue Housing Development Fund Corporation

“Organization's process used to review form 990 THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. THE FORM HAS BEEN REVIEWED FOR COMPLETENESS AND ACCURACY REGARDING MISSION, PROGRAM ACTIVITIES, FINANCIALS AND GOVERNANCE BY MEMBERS OF THE CORPORATIONS MANAGEMENT. IT HAS ALSO BEEN DISCUSSED AND REVIEWED WITH THE AUDIT CHAIR. THE FINAL VERSIONS WERE MADE AVAILABLE TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. DISCUSSION OF FORM 990 REQUIREMENTS, CONTENTS AND BOARD RESPONSIBILITIES OCCUR AT AN ANNUAL BOARD MEETING.”

“Enforcement of Conflict of interest policy Webster Avenue Housing Development Fund operates under the conflict of interest policy instituted by its parent organization, Breaking Ground Housing Development Fund Corporation. The policy and annual disclosure forms are distributed to all board members, officers and management staff. Each individual is required to sign and review the disclosure form and provide information about any relationships they may have with Webster Avenue Housing Development's other employees, and/or vendors that conduct business with Webster Avenue Housing Development. All submissions are reviewed by Human Resources to determine if a conflict exists; when a conflict arises, the individuals affected are prohibited from participating in the decision-making process related to any transaction occurring with the conflicted organization. Webster Avenue Housing Development operates under the policy of its parent organization, Breaking Ground Housing Development Fund Corporation. Form 990, Part VI, Section B, lines 13 & 14 Webster Avenue Housing Development operates under the whistleblower and document retention policy of its parent organization, Breaking Ground Housing Development Fund Corporation.”

“Webster Avenue Housing Development makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“Webster Avenue Housing Development Fund Corporation does not receive any federal awards itself; however, its operations are included within the A-133 report of its parent organization, Breaking Ground Housing Development Fund Corporation.”