Glad Tidings Community Development Corporation

“Schedule I Part 1, Line 1. Board of Directors has selection criteria for providing grants and assistance to organization or individuals. They maintain records to substantiate the amount and grantees eligibility for a grant.”

“Board members are listed on page 7, Part VII.At a board meeting, the board members are given a copy of the tax return and they discuss whats on the tax return.The tax returns are available upon request at the administration office.”

“The organization has a Conflict of Interest Policy that talks about board members duty to disclose, determining whether a conflict of interest exists, and procedure for addressing the conflict of interest.The organization also has a Whistleblower Policy.”

“At a board meeting, the board members are given a copy of the tax return and they discuss whats on the tax return.The tax returns are available upon request at the administration office.”

“Facilitated on-site testing for COVID-19 virus as part of the U.S. government efforts to fight the outbreak of the pandemic. This service helped to bring testing for the virus closer to the people.”

“Total amount paid for program facilitation during the year was $192,498.”

“Telephone $16,250Property taxes $32,255Refreshments $150Utilities $2,216Rental tenant relations $31,400Copier lease $7,710Facilities amd equipment $5,000Miscellaneous program expenses $530Storage $12,096Bank charges and fees $3Dues and subscriptions $420Bad debts expense $6,523 Other Expenses are:Licensing and fees $7,975Storage $13,152Bank charges and fees $394Dues and subscriptions $2,051Payroll service fees $704Miscellaneous expenses $1,470”