Abilities Rehabilitation Center Foundation Inc

“Changes to organizational documents: trustees voted to maintain the foundation's irs tax classification status as a type iii non-functionally integrated supporting organization and modify its by-laws to require that one seat on the foundation board be held by an existing director or officer of and named by abilities, inc. Of florida.”

“After the extensive internal review, the returns are made available to the members of the audit committee and board of directors for their review, comments, concurrence, and request for a formal meeting prior to filing, if deemed necessary. The final 990 tax return is posted to the organization's website for internal use.”

“Board members are required to complete a disclosure form identifying business interests, employment relationships and property interests, and those of related parties. The organization has specific board-level policies regarding disclosure of conflict of interest for board members. The chair of the board and the ceo regularly review the composition of the board for any potential conflicts of interests and consult with legal counsel if necessary. The board chair may ask the involved individual to recuse themselves during discussions on any matter relating to a potential conflict of interest. The organization maintains business code of ethics and conflict of interest policies that all employees are required to follow. All key employees, including officers, are required to participate in annual training on the organization's code of business ethics, including conflicts of interest.”

“Abilities foundation compensates its employees through common paymaster arrangement with abilities of florida, inc. A review of the compensation of the president/ceo is performed annually by the entire board of trustees after reviewing information concerning the compensation of the chief executive officers of similarly sized charitable organizations in the geographical area in which the organization operates.”

“Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).”

“The following contributions were not recorded on the audited financial statements, however the abilities foundation would like to recognize the following in-kind contributions: mr. Brian aungst bright house networks - pinellas region 700 carillon parkway, suite 6 st. Petersburg, fl 33716 the airing of 1,677 30-second public service announcements on bright house network cable tv channels and other broadcast outlets to promote our annual fundraiser benefiting returning disabled veterans was valued at $83,850. The value cox radio's wduv-fm online, on-air, and on-site talent and support is $12,500. The value dining out radio 8 apperances is $800. The value wmor-tv's airing of 30-second abilities wine tasting psa's is $2,500. The value tampa bay times in kind donation of four quarter page display ads is $15,000.”

“Unrealized gain on life insurance policy 26,112.”

“The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years.”

“The abilities foundation is a 501(c) (3) not-for-profit organization that was established in 1983 to raise money and support community education and outreach on behalf of people with disabilities. The foundation is governed by an all-volunteer board of trustees and generates revenue from individuals, corporations and foundations through special events, annual appeals, grant writing and planned giving. Money raised by the foundation supports programs and individuals of abilities, inc. Of florida (dba "servicesource florida regional office"). Since its inception, the abilities foundation has helped thousands of floridians with all types of disabilities obtain jobs and affordable housing, enabling them to become integral and contributing members of their communities. The abilities foundation supports programs and people served by abilities inc., of florida (dba "servicesource florida regional office). The servicesource florida regional office is one of five not-for-profit 501(c)(3) organizations governed by a common member volunteer board of directors. The five regional offices remain separate legal entities but are commonly branded as "servicesource."”