Tri-County Industries Inc.

“The various committees of the organization act in an advisory role to the organization consequently no minutes are maintained for the committe meetings. Recommendations by the various committees are submitted to the full board for approval which are documented in the full board minutes.”

“Each member of the finance committee receives a copy of the tax return and the committee reviews it at their meeting. It is announced at the full board meeting that copies of the tax return are available upon request.”

“The conflict of interest policy is reviewed annually, along with all personnel policies and procedures.”

“Top management official - an annual perfomance review is conducted by the executive committee of the board of directors.”

“Management staff have annual performance reviews conducted by the president. Job descriptions are reviewed annually for accuracy.”

“Governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

“The form 990 is being amended to reduce salaries and benefits in the applicable functional areas by the amount of the employee retention tax credit (ertc) claimed by the organization (908,649). The claim for the ertc was made after the original filing of the form 990. Parts amended include; form 990, part iii, lines 4(a), 4(b), 4(c), 4(e); form 990, part vii, line 10(b), form 990, part ix, lines 5, 7, 9; schedule d (form 990), part xii, line 2d.”

“The covid-19 outbreak in the united states has caused disruption throughout the economy and has had an impact on the organization. Beginning in march 2020 the pandemic began to impact the attendance of clients due to government regulations and the general slow down of the economy. The organization has somewhat recovered from the initial impact of the pandemic but has not returned to complete normalcy. In the short term, in lieu of providing on site services when not possible, the organization has continued to serve clients remotely. To alleviate the immediate financial hardship caused by the covid-19 pandemic, management applied for and received a payroll protection program "ppp" loan in the amount of 734,400. This loan was forgiven by the sba in may 2021. The organization is continuing to monitor the covid-19 outbreak particularly as new strains become more prevalent. While managment is hopeful the disruption will be temporary, there is considerable uncertainty in how soon the operations will return to normalcy.”

“Vocational rehabilitation services (vr) provides assessment, work training, job development, job placement, job coaching and follow up services to persons with disabilities. The program is broken down into three subgroups: assessment, work training, and employment coaching services. Assessment -- served 10 individuals goals: maximize program completers -- goal 90%, actual 67% maximize satisfaction with services -- goal 90%; actual 100% work training -- in facility served 16 individuals goals: maximize number who receive a major benefit (obtained employment or ready for employment) -- goal 10; actual 7 maximize satisfaction with services -- goal 90%; actual 100% maximize number of 26 closures -- goal 10; actual 3 employment coaching services (includes job development, job placement and job coaching services). Served 59 goals: maximize number of major benefits -- goal 24; actual 17 maximize client earnings -- goal 7.80 hour; actual 9.01 hour maximize number of successful employment outcomes -- goal 17; actual 12 maximize satisfaction with services -- goal 90%, actual 95%”

“Transportation expense reimbursement 15,215 employee retention credit -463,470 transportation expense reimbursed -15,215 employee retention credit -445,179 total -908,649”