Turtle Creek Association Inc.

“Membership is nondiscriminatory and open to any person interested in the organizations purpose. Nominal dues are charged to help defray operating costs. Membership dues are contributions to the organization and are not used for the purchase of merchandise, services, admissions, or the use of any facility or property.”

“Members elect the board of directors who represent them. The board governs all activities of the organization. It has policies and procedures governing the actions of the ceo. It has a mission statement and ends policy.”

“The form 990 is prepared by an independent cpa firm, reviewed by management, and is then electronically provided to the board members for their review before it is filed with the irs.”

“The organization requires its board of directors and officers to complete a conflict of interest disclosure statement on an annual basis. This process, as well as the policy at large, is overseen by the chairman of the board. Should a conflict of interest present itself, all interested parties would be required to excuse themselves from the deliberations and any following board vote.”

“Compensation of the organizations ceo is determined by independent members of the board. In reaching their decision, the board conducts an executive compensation survey of similar sized non-profits in the dallas area. This process takes place on an annual basis. All board deliberations and decisions are contemporaneously documented in the board minutes.”

“Governing documents, conflict of interest policy and financial statements are made available upon request.”

“Membership 10818. 10818. 0. 0.”

“Quickbooks fees 562. 450. 56. 56.”

“Master plan update 65559. 65559. 0. 0.”