Yes Housing Inc.

“Robert avila is a director for ydi.”

“On march 15, 2016, the yes housing, inc. Board of directors adopted by a two-thirds majority vote an amendment to its articles of incorporate to change article iii, subparagraph 1(k) to read as follows: (k) to make endowments, grants, contributions and donations to other nonprofit entities in furtherance of the purposes of the corporation stated herein. In addition, on the same date the organizations board of directors adopted by a two-thirds majority vote an amendment to the bylaws. An amendment to article iii, section 2 addressed the number of voting directors and their term limits. The modification changed the number of voting directors to be no less than three but no more than nine. Each director shall serve a five year term and is able to serve an unlimited number of consecutive terms. The president/ceo and executive vice president/coo are listed as nonvoting members of the board. The amendment to article iii, section 10 addressed the removal of directors and stated that any director can be removed from the board by a majority vote of the board of directors at any regular or special meeting called for that purpose with or without cause. If a director has three consecutive unexcused absences from annual, regular, and/or special meetings the director is automatically removed as a director. The chairperson of the board of directors makes the determination as to whether or not an absence is excused. The amendment addresses how the director will be notified of their proposed removal.”

“The form 990 is reviewed in detail by the senior vice president/cfo. Once approved by him, a complete copy of the form 990 is sent to the board prior to filing.”

“A conflict of interest statement is signed by each member of the board, officers, and key employees every year. The statement explains the terms and asks for details regarding any conflict. If a conflict arises which relates to an employee, it is reviewed by the ceo and then is presented to the independent members of the board if necessary. If a conflict arises which relates to a board member, it is reviewed by the chairman of the board and then presented to the independent members of the board if necessary. A person with a conflict is not allowed to vote on such transactions. Bi-weekly management and monthly staff meetings are used to discuss ongoing or potential developments where any conflict of interest has been identified and disclosure procedures are initiated.”

“At the april 2013 board meeting, the board of directors established a compensation committee consisting of three board members to review ceo compensation data provided by senior staff. The board also agreed that the compensation committee should meet to review the ceo's compensation every two to three years. At the june 2013 board meeting the board accepted the compensation committee's recommendation that both the monetary and total compensation of yes' ceo is in line with others holding similar positions. At this meeting the board also approved the fy 2014 operating budget which included the personnel compensation budget for each staff member. Officers and key employees compensation are reviewed on their annual performance review/evaluation anniversary. Compensation and pay increases are based upon dol wage information , guidestar compensation reports, business publications and robert half salary guides. Senior management review all compensation annually and the ceo has the ultimate authority to approve compensation for all employees except his own.”

“All governing documents, conflict of interest policy, and most recent audited financial statements are available on the organization's website, www.yeshousing.org and are also made available upon request.”

“Donation expense: program service expenses 0. Management and general expenses 11,450. Fundraising expenses 0. Total expenses 11,450. Training expense: program service expenses 8,346. Management and general expenses 1,250. Fundraising expenses 0. Total expenses 9,596. Other expenses: program service expenses 7,625. Management and general expenses 259. Fundraising expenses 0. Total expenses 7,884.”

“Intercompany transfers 66,437.”

“There has been no change in the audit oversight or selection process during the tax year.”