Yonkers Larkin Garage Inc.

“Ann vogt, director, and ingrid nardoni, secretary, have a family relationship.”

“The form 990 was prepared by outside tax preparers in consultation with management and auditors. A draft of the full form 990 was provided to entire board for review. A complete copy of the final form 990 was provided to the organization's entire board before it was filed with the irs.”

“Enforcement of conflicts policy: all members of the board of directors are required to annually execute a conflict of interest document stating that they have received, read and understand, and agree to comply with the conflict of interest policy. The conflict of interest policy requires board members to disclose any potential conflicts of interest immediately. The chairperson of the board will, upon notification of such an event, appoint a disinterested person or committee to investigate alternatives to the proposed transaction. Violations of the conflict of interest policy can result in appropriate disciplinary and corrective action. Also, by executing the conflict of interest document, all board members acknowledge that they share the responsibility of the organization to remain faithful to the organization's charitable purposes.”

“The organization voluntarily makes available its governing documents, form 1023, and form 990 are made available upon request request for the same period of disclosure as set forth in section 6104(d). Form 990 is available on www.guidestar.org.”

“Ndc serves as the common paymaster for ndc, ndc support i, inc., ndc housing and economic development corporation (hedc) and grow america fund, inc. (gaf). As common paymaster, ndc has allocated employees' salaries and benefits between these organizations based on hours worked by employees for the respective organizations. Board members are compensated for their service for related organizations, not for their service as a board member of yonkers larkin garage, inc.”

“Ndc has established both a qualified pension plan and a nonqualified deferred compensation plan for the benefit of its employees. The nonqualified deferred compensation plan is defined in section 457(f) of the internal revenue code. The benefits under the nonqualified pension plan are generally not vested until completion of substantial requirements. However, the benefits under this nonqualified deferred compensation plan become taxable to the individual upon vesting, even though the benefit may not be payable until a later year or years. The taxable amount is the respective individual's lump sum equivalent of the deferred benefit. During 2014 the following individual received their benefit under the ndc 457(f) non qualified deferred compensation plan: - daniel marsh iii received $39,105”