Wadsworth Chapel Heritage Partners

“Wadsworth chapel heritage partners (wchp) has four voting members which are thomas safran & associates, century housing, u.s. Vets and 1887 fund.”

“Each member shall appoint one member of the directors, in which each director shall serve in an ex officio capacity. Each appointed director will service of term of three years. No subsequent director shall serve as director of wchp for more than two consecutive terms or 6 years. Any subsequent director who has served two consecutive terms may be eligible to serve as a director after 2 years have passed since that person was last director.”

“The final version of form 990 is sent to the entire governing board for review and comments before the form is filed.”

“The board of directors approved and adopted the organization's conflict of interest policy, which provides as follows: directors are to annually sign a statement on the conflict of interest disclosure form or equivalent, in which the directors state that: (1) acknowledge receipt of a copy of the conflict of interest policy; (2) they have read and understand the policy; (3) they agree to comply with the policy; and (4) they understand the organization 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. Any director, principal officer, key employee, employee who can influence the action of the organization, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, as defined above, is an interested person. Any interested person shall exercise the utmost good faith in all transactions involved in their duties, and they shall not use their positions with the organization or knowledge gained therefrom for their personal benefit. The interests of the organization must be the first priority in all decisions and actions. 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 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.”

“The organization's governing documents, conflict of interest policy, and financial statement are available upon written request.”

“Reclassification of loans payable previously reported as contributions -10,677.”