Nmhc Research Foundation

“The senior vice president for finance and operations and the accounting director answer the questions on the form 990 using cohnreznick's advice and guidance, as necessary. The president reviews the completed 990. Cohnreznick reviews the completed 990 and the board reviews and approves the final 990. The 990 is signed by the president.”

“Conflicts of interest process for nmhc staff: below is the conflict of interest policy from the employee handbook. Conflicts of interest: it is the policy of the council to prohibit its employees from engaging in any activity, practice, or act which conflicts with, or appears to conflict with, the interests of the council or the council's members. The following guidelines should be followed to avoid conflicts of interest. It is impossible to describe all of the situations that may result in a conflict of interest. Therefore, the guidelines included in this policy are not exhaustive and only include some of the more clear-cut examples. Employees have an obligation to avoid all conflicts of interest and to refer questions and concerns about potential conflicts to the senior vice president of finance and operations. Employees are not to engage in, directly or indirectly, any conduct which is disloyal, disruptive, competitive or damaging to the council. Employees must disclose any financial interest they or their immediate family have in any firm which does business with the council or which competes with the council. The council may require divestiture of such interest if it deems the interest to be in conflict with its best interests. Employees must disclose any financial interest they or their immediate family (spouse, parents, children and parents in law) have in any member owned entities. The council may require divestiture of such interest if it deems the interest to be in conflict with its best interests. Employees may learn or become aware of information about members of the council which, if known to the public, might affect the decision of a reasonable investor to buy, sell or hold member-owned property or securities. Employees are prohibited from misusing such material inside information prior to public disclosure by purchasing or selling member-owned property or securities for their own account or for accounts of members of their immediate family. Further, employees are not to disclose inside information to anyone, either inside or outside the council who does not have a legitimate need to know. All employees should avoid personal activities or involvement which may result in personal benefit and thus create or appear to create a conflict with their responsibility and loyalty to the council. Should you receive any gifts, gratuities, or other items of value greater than $100 from member owned entities, vendors, or business contacts of nmhc. Employees should disclose such items in writing to their supervisor, who in turn will give the disclosure to the senior vice president of finance and operations. Under no circumstances does nmhc allow the payment of bribes, kickbacks, or anything of value to any employee in exchange for any type of favor, profit, or concession. No later than january 31 of each year the senior vice president of finance and operations will distribute the conflicts of interest form to all employees who will complete the form within 30 days of receipt and return it to the senior vice president of finance and operations who will file the conflicts of interest form with the corporate files. The senior vice president reviews the completed forms with the president and takes actions to mitigate any conflicts as appropriate. Nmhc also provides a toll-free number and website of a third-party reporting organization to report suspected violations of the law, violations of nmhc policies and procedures, dishonest or unethical behavior, crimes, or improper business activities. The reporting service provides monthly reports to nmhc and the chairman of the audit committee. In each annual report nmhc provides the following information: nmhc members and employees are encouraged to report suspected violations of the law, violations of nmhc policies procedures, dishonest or unethical behavior, crimes, or improper business activities to nmhc's senior vice president of finance and operations or through report line at 877/88”

“These documents are available upon request.”

“The nmhc research foundation mission is to complete and facilitate research on the multifamily industry; to educate the public on the role the multifamily industry plays in the us housing market; to promote solutions that improve and increase housing opportunities in the us; and to promote, encourage, and foster any other similar charitable or educational activities to address the lack of housing in the us.”

“The nmhc research foundation completes and facilitates research and education on the multifamily industry, a growing and increasingly more significant segment of the us housing market. Its goal is to promote, encourage, and foster any other similar charitable or educational activities to address housing issues in the us.”