Parc Housing II Inc.

“The ceo and comptroller conduct a comprehensive review of the form 990 before it is filed. A copy of the approved form, as ultimately filed, is provided to each voting member of the board before it is filed with the irs.”

“The board of directors monitors and enforces compliance with the conflict of interest policy annually. They review actual conflicts that are identified by the annual disclosure process and by other board members and prohibit directors from voting on matters where actual conflicts of interest exist.”

“The organization makes its governing documents and financial statements available for public inspection upon request.”

“Questions 15a and 15b do not apply as the organization does not have employees. All services are performed by individuals who are compensated by parc. The process for determining compensation for top management officials employed by parc includes review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision process.”

“The organization does not have employees. All services are performed by individuals who are compensated by parc, a related 501(c)(3) organization. The number of employees whose salaries and related employee costs are partially allocated to this entity is 6. The total salaries and benefits paid to these individuals are included on the payroll returns filed by parc.”

“With the leadership of its audit and ethics committee, the board of directors is responsible for the selection, monitoring and evaluation of an independent audit firm and oversight of the audit of its financial statements. There was no change in this process from the prior year.”