Enterprise Community Investment Inc

“The sole stockholder of eci is its parent, enterprise community partners, inc. A 501(c)(3) organization. The mission of enterprise community partners is to make home and community places of pride, power and belonging, and platforms for resilience and upward mobility for all.”

“The sole stockholder of eci is its parent, enterprise community partners, inc. A 501(c)(3) organization. The mission of enterprise community partners is to make home and community places of pride, power and belonging, and platforms for resilience and upward mobility for all. Enterprise is the only national nonprofit that addresses america's affordable housing crisis for low and moderate income people from every angle, combining 40+ years of experience, thousands of local partners and the expertise of over 1,421 employees nationwide including our affiliated organizations. We bring together nationwide know-how, policy leadership, partners, donors and investors to multiply the impact of local affordable housing development and to achieve our vision of a country where home and community are stepping stones to more.”

“The entire board is given the opportunity to review the 990 and provide any comments and concerns. After all comments and concerns have been addressed the form 990 is filed.”

“An annual conflict of interest disclosure exercise is performed by enterprise community investment, inc. Every year. Officers, directors, and key employees are required to acknowlege the conflict of interest policy and to complete a confict of interest disclosure form. The chief legal officer reviews all disclosure forms from the board of directors, officers and key employees and any potential conflict of interests are referred to the board or appropriate committee of enterprise community investment's parent board of trustees for review. Additionally, all staff are required to complete an annual conflict of interest disclosure form. The exercise requires each employee to read the business ethics policy and complete the conflict of interest disclosure to identify any possible conflicts known. New employees are also required to complete this conflict of interest disclosure form upon hiring. The chief legal officers reviews the individual disclosure document contents and follows up on any concerns with employees.”

“The process for determining compensation for the president of enterprise community investment, inc. Is as follows. The hr and compensation committee of eci's parent reviews the president of eci's compensation for reasonableness and makes a recommendation to the eci board who then reviews and approves the president's compensation. The work of the hr and compensation committee is informed by an independent consulting firm with subject matter expertise in compensation. The compensation of the remaining officers listed above is approved by the president of eci following review for reasonableness by the human resources department and the independent consulting form. The process for determining compensation for officers of eci who receive their compensation from a related organization is as follows. An independent consulting firm with subject matter expertise in compensation is engaged to provide a compensation study to establish a market value. The human resources and compensation committee of the enterprise community investment's parent's board meets with the independent consulting firm and recommends the compensation of the ceo which is approved by the board of enterprise community partners. The hr and compensation committee approves of the organization's compensation philosophy which the ceo uses to set the compensation for other officers. The reasonableness of the compensation of these officers is reviewed by the human resources department and the independent compensation consultant. This process is documented in the committee and board meeting minutes.”

“The organization's governing documents, conflict of interst policy and financial statements are made available upon request.”

“Included in total compensation for the current period are payments of prior year deferred compensation awards from a prior plan which is no longer vesting new awards. These amounts which can be found on schedule j column f for each individual had been reported in previous years as well as included in the current year compensation totals.”

“Equity in earnings of subs - unrestricted -6,176,683. Equity in earnings of subs - restricted 12,249,000. Reallocation of interest 134,000. Syndication of property -914,000. Rounding -242.”