Camba Housing Ventures Inc

“The organization does not have any committees with authority to act on behalf of the board.”

“Camba housing ventures has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. If any issues arise, they are forwarded to the outside accountant and the board reviews after revisions and resolutions. Once the board has approved the return it is filed with the internal revenue service.”

“The organization follows the conflict of interest policy of its parent, camba, inc. Each director, officer, and key employee shall annually sign and submit to the secretary of camba a statement, which affirms such person: (a) has received a copy of the policy, (b) has read and understands the policy, and (c) has agreed to comply with the policy. All transactions, agreements or any other arrangements between camba and a related party, and any other transactions that may involve a potential conflict of interest, shall be reviewed by the independent directors of the board. All related parties with a financial interest shall leave the room in which such deliberations are conducted, and shall not attempt to influence the deliberation or voting on such matter. The board shall, after considering alternate transactions and/or comparability data, determine in good faith by vote of the independent directors of the board whether the transaction or arrangement is fair, reasonable, and in the best interest of camba at the time of such decision.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, form 990, and by-laws are also available upon written request or by calling the organization directly.”

“The organization has not formally adopted its own document retention and destruction policy or whistleblower policy. However it does follow its parent's (camba, inc.) policies.”

“The organization has a committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”

“The organization amended its fy 2024 form 990 for the following: 1. Part 1, line 17: to adjust the amount of other expenses. 2. Part 1, line 20: to adjust the amount of total assets. 3. Part 1, line 22: to adjust the amount of net assets. 4. Part ix, line 19: to update the conferences, conventions, and meetings expense amount 5. Part ix, to update the alloation of the expenses based on the issued financial statements 6. Part x, line 15, to update the other assets amount. 7. Part x, line 27: to update the net assets amount to match the issued financial statements.”