Mark Stebbins Community Center

“The Form 990 is prepared with the assistance of an independent CPA firm, who coordinates with the Organization's Board and advisors to ensure the tax return is complete and accurate prior to its finalization. Additionally, a complete copy of the Form 990 is circulated among the entire Board prior to the tax return's filing with the IRS.”

“Should any item come before the Board that might result in a Director having or appearing to have a conflict of interest either by occupation, place of residence or other holdings, or any other interest, the Director shall make his/her personal interest known to the Board as soon as he/she recognizes a possible conflict and shall refrain from voting on matters regarding the issue. In addition to the conflict of interest provisions of the Organization's bylaws, the Board shall adopt a Conflicts of Interest Policy and policy for dealing with "pecuniary benefit transactions" in conformity with New Hampshire RSA 7:19-a. Each Director, prior to taking a position on the Board, and all present Directors shall submit in writing to the President or the President's designee a list of all businesses or other organizations of which the Director is an officer, director, trustee, member, owner (either as sole proprietor or partner), shareholder, employee or agent, with which the Corporation has, or might reasonably in the future enter into, a relationship or a transaction in which the Director would have conflicting interests. This information shall be updated annually and shall cover the same information for members of Directors' immediate families, as well. At such time as any matter comes before the Board in such a way as to give rise to consideration of a pecuniary benefit transaction involving a Director or member of the Director's family, the affected Director shall make known the potential conflict, whether disclosed by his written statement or not, and after answering any questions that might be asked him, shall withdraw from the meeting for so long as the matter shall continue under discussion. Should the matter be brought to a vote, neither the affected Director nor any other Director who has had a pecuniary benefit transaction in the same fiscal year shall vote on it.”

“While the Center retains policies and procedures for compensating its officers or hired executives, as of the filing of this tax return, the Center has no employees, has not paid any compensation or offered any benefits to its officers or directors, or engaged any outside professionals to serve as an executive of the Center. Accordingly, this Form 990, Part VI, Lines 15a and 15b have been answered "No." Directors of the Center shall not receive any compensation for their services as Directors, though they may be reimbursed for incidental expenses incurred in carrying out their duties as Directors or attending Board meetings. Additionally, in accordance with the Organization's bylaws, if the President of the Organization also becomes an employee of the Organization at some future date, the President shall be entitled to receive reasonable compensation in return for his/her services as President, and may also be reimbursed for incidental expenses in carrying out his/her duties as President or attending Board meetings. Other officers of the Organization, except the Chairperson, may also receive reasonable compensation for carrying out their duties, subject to the Organization Conflicts of Interest Policy.”

“Mark Stebbins Community Center provides copies of its governing documents, conflict of interest statement, and financial statements upon request.”

“During its 2024 tax year, the Organization engaged a new independent public accounting firm, Baker Newman Noyes, to perform an audit of the Organization's financial statements and to assist in the subsequent preparation and filing of the Organization's annual Form 990. The audit was subject to the review and oversight of the Organization's engaged advisors and its Board of Directors prior to its issuance.”