Roanoke Housing Dev Corp

“Roanoke housing development corporation is managed by community management corporation, a professional property management company. Community management corporation has a project owner's & management agent's certification for multifamily housing projects with the us department of housing and urban development. Under this certification hud has approved community management corporation to manage the roanoke commons elderly housing property. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.”

“The board of dhic has the ability to elect one or more of the board members of the organization.”

“The auditing firm sends a draft of the return to dhic. Dhic forwards a copy of the return to each board member for their comments prior to filing.”

“Board members and officers must sign the policy annually. The policy is reviewed annually at board meetings.”

“The organization's officers are paid through dhic with its own compensation policies.”

“The form 990 and all related financial and policy information are made available to the public upon written request as well as on guidestar.org. Governing documents, conflict of interest policies and financials are also available upon request.”

“Hours worked for related organizations: all of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.”

“Oversight of auditing function: the management company and dhic receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.”