Midwest Housing Equity Group Inc.

“The articles of incorporation were amended and restated as of march 15, 2016 in order to add to the organization's mission "housing for the elderly and aging populations and also to expand the areas of established need to "nebraska, iowa, kansas, oklahoma, colorado, minnesota, south dakota, missouri, arkansas, or texas, or with unanimous consent of the board of directors".”

“A copy of the form 990 is not provided to the governing body prior to filing. The review process used by the organization to review the 990 prior to filing is as follows: a draft of the form 990 is provided to the chief financial officer and is reviewed in detail by the president, the chief financial officer and his staff. The return is not filed until the form 990 and all supplemental information attached to the return have been approved by the chief financial officer. The chief financial officer is the authorized signer for the form 990.”

“All transactions that could be of financial benefit to the above mentioned individuals go to an approval process by independent board members and sub-committees.”

“The ceo completes an annual self-evaluation and submits it to the board chairman. The board chairman then completes a supplemental evaluation and sends it to the entire board for review, comment and additional feedback. The compensation committee then meets to discuss the evaluation results and feedback. The committee's recommendations and conclusions are then presented to the entire board. There is an evaluation process for all employees and the overall increase in salaries and bonuses is approved by the independent board members.”

“Midwest housing equity group does not make its governing documents, conflict of interest policy, and financial statements available to the public.”

“The audit process is directed by the chief financial officer. Once the audit is complete, the audit report is presented to the audit committee by the independent auditing firm. All audit committee members have the opportunity to have all questions answered. When the audit committee is satisfied with the audit report, the audit committee recommends to the board of directors that the audit report be approved. This oversight process is completed prior to the annual meeting. When the audit is up for bid, the audit committee recommends to the board whether or not the existing auditing firm should be retained or replaced.”