Human Development Center Inc.

“A copy of the form 990 is provided to the executive committee for review prior to the return being filed. The executive committee is comprised of the officers of the board of directors. The executive committee functions as the organization's audit committee.”

“The board of directors approves any increase in compensation to the executive director.”

“The executive director has the authority and discretion to increase compensation to all other employees and officers of human development center, inc.”

“All organizational documents, board of directors meeting minutes and financial statements and other financial information are available to the public upon request.”

“The september 30, 2023 form 990 was submitted prior to the annual audit having been completed. The form 990 needed to be filed prior to the completion of the audit in order to avoid a late filing. Upon finalizing the audit it was determined that the following corrections would need to be made to the 9-30-23 form 990: 1. Part viii - line 3 - investment income needed to be increased 101 to record additional interest income with a corresponding increase to part x - line 1 - cash (a sweep account) of 101. 2. Part ix - line 9 - other employee benefits was reduced by 1,350 to record a decrease in vacation compensation with a corresponding decrease in part x - line 17 - accounts payable and accrued expenses as a result of a decrease in accured compensated absences. 3. Part ix - line 20 - interest expense was increased by 242 to record amortization of loan costs with a corresponding decrease to part x - line 15 - other assets as a result of increasing the accumulated amortization contra account. 4. Part ix - line 16 - occupancy expenses was increased by 16,483 as a result of expensing household furnishings for two newly opened group homes for which the individual cost of the various furnishings fell below the capitalization threshhold. There was a corresponding decrease of 16,483 to part x - line 10a - land, buildings, and equipment. 5. Part x - line 4 - accounts receivable was increased by 11,439 to record client social security benefits pertaining to september 2023 with a corresponding increase in part x - line 17 - accounts payable and accrued expenses to record the benefits payable to clients. 6. Part x - line 10a - land, buildings, and equipment was increased by 364 to correctly reclassify a capital asset expenditure with a corresponding decrease to part x - line 1 - cash. 7. Part x - line 10a - land, buildings, and equipment was increased by 17,394 to record retainage on a construction contract with a correponding increase in part x - line 17 - accounts payable and accrued expenses to record the retainage payable liability. 8. Part ix - line 22 - depreciation was increased by 22,249 to record additional depreciation expense on current year assets placed in service with a corresponding increase to part x - line 10b - less: accumulated depreciation.”