Columbia Housing Development Corporation

“A copy of form 990 was provided to the organization's governing body's executive committee to be reviewed for completeness and correctness before it was filed.”

“Conflict of interest policy is reviewed annually and updated as applicable.”

“Compensation is determined by the city of columbia's employment and salary approval process.”

“Copies of governing documents, conflict of interest policy and financial statements are maintained in the front office and are available to the public upon request.”

“In february 2023, columbia housing development corporation ("chdc") merged with tn development corporation. Chdc's operations ceased to exist and was combined into the corporation. Under gasb 69, the merger is considered a government merger and the merger effective date dictates when the reporting is combined. The combined assets, deferred outflows of resources, liabilities, and deferred inflows of resources of the merging entities are recognized and measured in the statement of net position as of the beginning of the initial reported period, july 1, 2022, the effective date of the merger.”

“In february 2023, columbia housing development corporation ("chdc") merged with tn development corporation. Chdc's operations ceased to exist and was combined into the corporation. Under gasb 69, the merger is considered a government merger and the merger effective date dictates when the reporting is combined. The combined assets, deferred outflows of resources, liabilities, and deferred inflows of resources of the merging entities are recognized and measured in the statement of net position as of the beginning of the initial reported period, july 1, 2022, the effective date of the merger.”