Historic Properties of Greenwich Inc

“Form 990, part iii, line 1 description of organization mission: historic properties of greenwich, inc. Will serve to supplement and operate alongside the town of greenwichs existing preservation and conservation organizations, without affiliation and to focus on the preservation of local historic properties in order to ease the burden on greenwichs other conservation groups.”

“A copy of form 990 is provided to the organizations governing body for review prior to filing.”

“Form 990, part vi, section b, line 12: each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: 1)has received a copy of the conflicts of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy; and 4) understands the corporation 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. 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 and members of committees with governing board delegated powers considering the proposed transaction or arrangement.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 upon. The remaining board or committee members shall decide if a conflict of interest exists. If a conflict exists, the interested person may make a presentation at the governing board or 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. 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 arrangement. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a 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 corporations 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.”

“The organization makes its governing documents, conflict of interest policy, and internal financial statements available to the public upon request.”

“Professional fees: program service expenses 1,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,800. Surveyors : program service expenses 1,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,500.”

“Preservation: program service expenses 1,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,150. Total other fees on form 990, part ix, line 11g, col a 4,450.”

“Professional fee 7000. 7000. 0. 0.”