Chabad Youth of Suffolk County Inc.

“To ensure the organization 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 arms length bargaining. B whether partnerships, joint ventures, and arrangements with management organizations conform to the organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“Any officer employment by the organization will be entitled to fair compensation. The compensation will be evaluated based on a type of work performed, and b comparison to other establishments with the same position. The board will be presented with the determination and compensation will be approved only in the case of approval of all or two thirds of the board members.”

“The governing documents, conflict of interest policy, and financial statements are available for inspection at the main office of the organization within 24 hours of the moment such a request is made.”

“Each board member received a copy of the Form 990 with related schedules before filing and is given the opportunity to comment and/or disapprove on any of the items reported on the Form. The Form is not filed until all matters, if any, are resolved.”