The Plaza Theatre Inc

“The organization has members.”

“Members of the organization vote to elect the board of directors.”

“The organization's tax return is prepared by an independent cpa. Before form 990 is filed with the internal revenue service, the board of directors is given the opportunity to review the return. Any questions concerning the return are then referred to the independent cpa who prepared the return.”

“As stated in the organization's conflict of interest policy: article iii, procedures: 1. Duty to disclose - in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors who are members of committees with governing board delegated powers considering the transaction of arrangement. 2. Determining whereas conflicts of interest exist - after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted on. The remaining board or committee members shall decide if a conflict of interest exists. A. An interested person may make a presentation at the governing board of committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangment. C. After exercising due diligence, the governing board of committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from the person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangment is not reasonably possible, under circumstances not producing conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. 4. Violations of the conflict of interest policy a. If a governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the member's response and after making further investigations as warranted by circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take the appropriate disciplinary and correct action. Article vi, annual statements each director, principal officer and member of the committee with the governing board delegated power shall annually sign a statement which affirms such a person: a. Had received a copy of the conflict of interest policy. B. Has read and understands the policy. C. Had agreed to comply with the policy. D. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“Governing documents,conflict of interest policy and financial statments are available to the public upon request.”