Selfhelp Realty Group Inc.

“The organization is managed by selfhelp community services, inc. Pursuant to an administrative services agreement. Management fees totaling $239,016 were incurred during the year ending june 30, 2019. Services provided under the agreement included the following: (a) senior management services, including the management services of the chief executive officer; (b) human resource services, including personnel management and benefits services; (c) information technology services, including access to the provider's systems and software, and use of computers, telephones and other hardware and equipment; (d) legal services, including the services of the provider's general counsel; (e) finance and accounting services, including the services of the provider's director of finance, and the services of the provider's accounting staff, payroll managers and accounts payable staff; (f) administrative services, including secretarial, facilities management, reception, conference room and other services; (g) office space, furnishings and utilities; and (h) liability, directors and officers, employee, workers' compensation and other insurance. Stuart kaplan, chief executive officer, is compensated by selfhelp community services, inc. For calendar year 2018, his pro rata reportable compensation was $33,299 for services rendered to the filing organization.”

“The form 990 is reviewed by senior finance staff. Any comments arising from the review are discussed and if required, changes are made to the draft. The form 990 is submitted to all board members prior to filing.”

“Selfhelp realty group, inc. Has a conflict of interest policy applicable to members of the board of directors, as well as its officers and other employees. Prior to the initial election of any directors and officers of the organization, such individuals must complete, sign, and submit to the secretary of the company (who will, in tum, deliver it to the chairperson of the audit committee) a written statement identifying to the best of his/her knowledge, any entity of which he/she is an officer, directors, trustee, member, owner (either as a sole proprietor or partner), or employee and with which the company has a relationship. Such individuals must also disclose any transaction in which the company is a participant and in which he/she might have a conflict of interest or be a related party. Personnel are required to avoid engaging in all conflicts of interest unless they receive prior approval in writing from board of directors or the audit committee. In the event that any personnel believe that a conflict of interest might exist, or become aware of any actual conflict of interest they shall promptly and fully disclose such information in writing to their supervisor or director, the compliance officer, the president of the board or the chairperson of the audit committee, who shall be responsible for coordinating the administration of the policy. The company will not enter into any related party transaction unless it is determined to be fair, reasonable and in the best interest of the company at the time of such determination. When considering a transaction, agreement, or compensation arrangement in which a related party has a substantial financial interest, the audit committee must consider alternative transactions and comparable compensation, as applicable, to the extent possible prior to entering into the applicable transaction, agreement or compensation arrangement. The decision of the audit committee or the board, shall be contemporaneously recorded in written minutes specifying who participated in the applicable determination, the vote, the decision reached and other matters relating to compliance with this policy. Any individual to which the potential or actual conflict of interest relates shall not be present while deliberations are conducted. Members of the board, officers, and key employees of the organization shall be required to provide an annual statement in which such individual discloses any potential conflicts of interest and affirms that they received a copy of the conflict of interest policy and agree to comply with the policy.”

“The organization determines the compensation of its executive director based upon comparisons to published rates at similar organizations. Key board members help determine and approve the appropriate pay levels. The compensation setting process was last conducted in 2019 and was documented in the minutes of the governing board.”

“These documents are available upon request.”

“During the fiscal year, the organization established an audit committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”