Throckmorton

“Mimi silbert, david silbert, and greg silbert have a family relationship.”

“A copy of the final form 990 is sent to each board member before it is filed. Any questions or comments are addressed, and if appropriate, changes are incorporated into the tax return before filing.”

“The board of directors monitors and enforces conflict of interest situations as they arise and in accordance with policy.”

“The organization's process for determining compensation included a review by independent persons, comparability data and an opinion by an independent compensation consultant and contemporaneous substantiation of the deliberation and the decision. The organization has written employment contracts with all officers.”

“The organization does not make its governing documnets, conflict of interest policy, or financial statements available to the public.”

“Provide centralized management for supported organizations part iii, line 1, organization's mission statement: the organization is operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of delancey street california, delancey street/new mexico inc., and delancey street north carolina. Each of these supported organziations is a 501(c)(3) organization.”

“Pursuant to the small business exception under section 10.11(6)(b)(iii) of revenue procedure 2015-20, the taxpayer is changing to adopt the final tangible property regulations prospectively with its tax year beginning january 1, 2014, and without filing a form 3115. Taxpayer hereby makes the de minimis safe harbor election under treasury regulation 1.263(a)-1(f) for all eligible amounts paid or incurred during the taxable year. Taxpayer hereby elects to capitalize repair and maintenance costs under treasury regulation 1.263(a)-3(n). The costs were incurred during the taxable year in the electing taxpayer's trade or business and the electing taxpayer treats such costs as capital expenditures on its books and records.”