Discover Polk Community Benefit District

“The Board of Directors engaged the services of neighboring Lower Polk Community Benefit District (LPCBD) to perform certain program and related managerial duties. The Board at all times maintained oversight and received reports from LPCBD regarding such matters. The DPCBD Board maintained independent control over all governance and other areas of operations.”

“Form 990 was reviewed and approved by the members of the Executive Committee of the Board of Directors at a Special Meeting called for this purpose prior to it being submitted to the IRS. The special meeting was via conference call with an electronic copy of this Form 990 provided prior to the meeting.”

“In accordance with Article VI of DPCBDs Conflict of Interests Policy, each director, principal officer, and member of a committee with Board delegated powers annually signs a statement affirming that they: (a) have received a copy of the Conflicts of Interest Policy; (b) have read and understand the ploicy; (c) agree to comply with the policy; and (d) understand that DPCBD is a charitable organization 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. The form also provides a section for each person to disclose potential or actual conflicts of interest.”

“The organization did not hire, employ, or compensate any individual as the CEO, Executive Director, or similar top managment position.”

“The organization did not hire, employ, or compensate any individual as an officer, key employee, or similar position.”

“All documents which must be made available for public review (such as meeting agendas and minutes, and IRS Form 990) are provided upon request as well as are available on the organizations website.”