Lsa Recovery Inc

Form 990, Part I, line 5 & Part V, line 2A

“all employees of the ORGANIZATION are paid by Interborough Development and Consultation Center, Inc., a 501(c)(3) affiliated organization. Form 990, Part VI, Section A, Line 2: STEPHEN GERSTEN, chief executive officer AND ABRAM GERSTEN, chief administrative officer HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 IS DRAFTED AND REVIEWED BY MANAGEMENT, COMPARED TO THE AUDITED FINANCIAL STATEMENTS AND CONSOLIDATED FISCAL REPORT, AND DISTRIBUTED TO THE BOARD MEMBERS TO REVIEW AND QUESTION IF NECESSARY. FORM 990, PART VI, SECTION B, LINES 15A & 15B: The compenstion is determined by Interborough Development and Consultation Center, Inc. using the following methods: The Compensation Committee, comprised of members of the Board of Directors, contracts an Independent Compensation Consultant who gathers operational & financial data of the Organization, and compares it to that of similar organizations to benchmark appropriate levels of Executive and Management compensation. The results of these studies are presented to the Committee which reviews and discusses related salary recommendations with Board Counsel, and prepares appropriate recommendations to the Board for final discussion and approval. Contemporaneous minutes are taken of all meetings of the Committee and Board of Directors, including detailed results and explanations of the agreed upon Compensation of the Executive Director, Officers, and Highly Compensated Staff. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, COLUMNS D AND E: AMOUNTS WERE INTERNALLY ALLOCATED TO RELATED ORGANIZATIONs(INTERBOROUGH DEVELOPMENTAL AND CONSULTATION CENTER, INC. EIN 23-7358415 and S.L.A. ASSOCIATES LLC EIN 47-4039553 )and paid by IDCC as common paymaster, BASED UPON ESTIMATED HOURS WHICH THOSE INDIVIDUALS WORKED FOR THE RELATED ORGANIZATIONs, (No W-2 WAS ISSUED BY THE REPORTING ORGANIZATION).”