4Th Second

“Richard Fisher and Emily Fisher are board members and married and therefore are not considered independent.”

“The draft Form 990 is sent to the board of directors for review prior to filing. It is then further reviewed and approved by the President and Treasurer and once filed a filed copy is provided to each board member.”

“Any 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. Conflicts, if any, are resolved promptly. Further, to ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax exempt status, periodic reviews are conducted. The periodic reviews, at a minimum, include the following subjects: (a) Whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. (b) Whether partnerships, joint ventures, and arrangements with management corporations conform to the corporation's written policies, are properly recorded, reflect reasonable investments or payment for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“4th Second provides its Internal Revenue forms, bylaws, conflict of interest policy, and financial statements to the general public for inspection upon request and free of charge.”

“Independent Contractors and contracted organizations provided case management, food security, housing navigation, mental health and substance use system navigation services to people experiencing homelessness.”