Community Services Agency Development Corporation

“The organization's tax return is prepared by a certified public accountant. The finance director and other finance department staff review in detail the form 990 and supporting schedules. The governing body meets 6 times a year on alternating months, and has not been in practice of reviewing form 990 prior to filing. The governing body is aware that the form is available to individuals upon request and through the guidestar website.”

“Annually, each board member and key employee must submit a conflict of interest statement. Any potential conflict of interest is thoroughly reviewed by executive management staff or independent legal counsel”

“A salary survey is prepared every two years comparing data from similar organizations in similar economic environments for all positions at the agency. The salary survey is presented to the executive committee of the board and is reported to the full board for approval.”

“The officers, key employees, and highly compensated employees are subject to the same compensation process requirements as the executive director and top management.”

“Documents are generally available upon request. In addition, the 990 is published at www.guidestar.com, and the audit and data collection reports are available on the harvester.census.gov website. The other governing documents and conflict of interest policy are available upon request.”

“Sch r, part ii, column (b) primary activity: human service provider sch r, part iii, column (b) primary activity: all partnerships' primary activity is low income housing, except for fourth street commercial llc's primary activity is economic development. Sch r, part iv, column (b) primary activity: low income housing”

“Form 990, part v, lines 1a and 2a, and part vii, section a: community services agency development corporation contracts with community services agency, a related entity, to provide outside services; therefore, the wages and benefits paid by community services agency are reported under its ein: 88-0095799.”

“Rounding error from prior years -1 total prior period adjustment of 462,144 consists of 191,865 in developer fees from one equity partnership; and accrued interest receivable of 270,279 from another equity partnership.”