Attorney Street Development Inc

“The organization's sole member is the association of new york catholic homes, inc.”

“Directors of the organization are elected by the member of the organization at the annual meeting of the member.”

“The following actions require the vote of a majority of the directors of the member: 1. Election of the chair of the board; 2. Any amendment to the certificate of incorporation, bylaws, or mission statement of the organization; 3. Approval of any expenditure in excess of $100,000 or any major capital improvement in excess of $100,000 by the organization; 4. Approval of any debt incurrence secured by the property, revenues, or other assets of the organization; 5. Approval of any unsecured debt incurrence by the organization in an amount greater than (i) three million dollars or (ii) 5% of the organization's operating budget; 6. Approval of any transaction by the organization that requires approval in accordance with the member's bylaws; and 7. Approval of the establishment of a new related entity of the organization.”

“A tentative draft of the form 990 (before it is finalized and sent to irs) is sent to the organization's legal counsel via email, who reviews and discusses the return with the governing body. Any suggested changes or comments and questions are then discussed with the cpa by a conference call.”

“Each officer, director or trustee is required to disclose annually interests that could give rise to conflicts in a board meeting. If an item of conflict comes to surface, the board discusses and votes on it before awarding any contracts.”

“The organization's governing documents and conflict of interest policy, etc. Are made available to public upon request, the copies of these documents are kept at the managing agent's office and once requested, the agent will mail such copies by regular mail.”