Civic Intelligence

Acts Homeownership Acquisitions Inc

EIN 92-1333943 • 501(c)3 • Milwaukee, WI

NTEE L25

Profile

Acts homes mission is to provide access to affordable homeownership opportunities for families with barriers to homeownership.

270 E Kilbourn Ave 5th FloorMilwaukee, WI 53202

actshousing.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

37th percentile

0.34x

Higher debt load relative to assets than 37% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

1.03x

Higher debt load relative to revenue than 38% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Net Margin

84th percentile

66%

Higher net margin than 84% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$270,779

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

NTEE L • $10M-$25M nonprofits • Source year 2024

Asset Growth

95th percentile

74%

Faster asset growth than 95% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-4.0%

Faster revenue growth than 20% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$12,595,529

Up $5,341,320 (+74%) from 2023

Liabilities

Up

$4,293,821

Up $2,597,702 (+153%) from 2023

Net Assets

Up

$8,301,708

Up $2,743,618 (+49%) from 2023

Revenue

Down

$4,163,113

Down $173,010 (-4.0%) from 2023

Expenses

Up

$1,415,849

Up $620,748 (+78%) from 2023

Net Income

Down

$2,747,264

Down $793,758 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2023: $7,254,209Liabilities 2023: $1,696,119Net Assets 2023: $5,558,0902023Assets 2024: $12,595,529Liabilities 2024: $4,293,821Net Assets 2024: $8,301,7082024

Highlighted filing

2024

Assets$12,595,529
Liabilities$4,293,821
Net Assets$8,301,708

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2023: $4,336,123Expenses 2023: $795,101Net Income 2023: $3,541,0222023Revenue 2024: $4,163,113Expenses 2024: $1,415,849Net Income 2024: $2,747,2642024

Highlighted filing

2024

Revenue$4,163,113
Expenses$1,415,849
Net Income$2,747,264

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 11, 2025
Return Version
2024v5.2
Gross Receipts
$6,582,908
Mission and Program Overview

Mission

Acts homes mission is to provide access to affordable homeownership opportunities for families with barriers to homeownership.

Acts homeownership acquisitions, inc.'s mission is empowerment through homeownership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$2,909,150$9,350,306▲ $6,441,156
Pledges and Grants Receivable-$1,710,395-
Investments in Publicly Traded Securities$490,990$515,498▲ $24,508
Accounts Receivable$3,217,631$455,144▼ $2,762,487
Cash and Non-Interest-Bearing Accounts$612,076$388,670▼ $223,406
Savings and Temporary Cash Investments-$150,159-
Prepaid Expenses and Deferred Charges$24,362$25,357▲ $995
Total Assets$7,254,209$12,595,529▲ $5,341,320
Liabilities
Accounts Payable and Accrued Expenses$581,276$3,183,527▲ $2,602,251
Mortgage Notes Payable Secured by Investment Property$1,105,000$1,105,000→ $0
Deferred Revenue$9,843$5,294▼ $4,549
Total Liabilities$1,696,119$4,293,821▲ $2,597,702
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,632,636$6,582,975▲ $2,950,339
Net Assets With Donor Restrictions$1,925,454$1,718,733▼ $206,721
Total Net Assets Fund Balance$5,558,090$8,301,708▲ $2,743,618
Total Liabilities and Net Assets / Fund Balance$7,254,209$12,595,529▲ $5,341,320
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Deatra KempVP Program-$139,415$139,415
Kelly AndrewVP Strategic PartnershipsPT$138,574$138,574

Board Members and Trustees

NameTitle
Heather RamirezChair
Michael GosmanPresident & CEO
Marc PerryDirector
John SyburgSecretary
Anthony FrandaTreasurer
Dorothy YorkVP Real Estate
Revenue and Support

Revenue Composition

Contributions and Grants
$3,836,059
Program Service Revenue
$117,518
Investment Income
$29,229
Other Revenue
$180,307
Change in Net Assets
$2,747,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,162,197
Revenue Not Reported on Financial Statements
$916
Revenue Not Reported on Form 990
$2,416,149
Total Revenue per Audited Statements
$6,578,346
Total Revenue per Form 990
$4,163,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$742,045
Salaries, Compensation, and Employee Benefits$673,804
Total Fundraising Expense$79,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$433,252$31,635$58,940$523,827
Occupancy$265,849$2,437-$268,286
Fees for Services Management$145,228--$145,228
Interest$60,439--$60,439
Fees for Services Legal$7,690$50,353-$58,043
Fees for Services Accounting-$57,891-$57,891
Other Employee Benefits$46,492$1,390$8,044$55,926
Payroll Taxes$37,764$4,781$4,967$47,512
Information Technology$30,052$10,248$4,460$44,760
Current Officers, Directors, Trustees, and Key Employees-$35,562-$35,562
Fees for Services Other$22,967$3,433-$26,400
Insurance-$18,440-$18,440
Office Expenses$4,642$7,831$717$13,190
Pension Plan Contributions$8,961$648$1,368$10,977
Other Expenses$849$904$518$1,753
Travel$404$597$109$1,110
Fees for Service Investment Mgmnt Fees-$916-$916
Advertising$110$643-$753
Total Functional Expenses$1,106,929$229,797$79,123$1,415,849

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,415,849
Expenses per Audited Statements$1,414,933
Total Expenses per Audited Statements$1,414,933
Expenses Not Reported on Financial Statements$916
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees that have authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The entire board is provided the 990 (excluding schedule b) for review prior to filing, the executive committee reviews the full 990 (including schedule b) and discusses any necessary items with the full board

Form 990, Part VI, Section B, Line 12C

Board members are required to disclose potential conflicts of interest. Other members of the board or committee determine if a conflict exists. When this occurs the board member with a conflict of interest is asked to leave during the discussion and vote.

Form 990, Part VI, Section B, Line 15

Acts acquisitions does not give compensation directly to any employees, all compensation is paid through acts housing and charged back to acquisitions.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Acts Homeownership Acquisitions Inc
EIN
92-1333943
Phone
4149332215
Address
270 E KILBOURN AVE 5TH FLOOR, MILWAUKEE, WI 53202
Doing Business As
Acts Homes

Signing Officer

Name
Michael Gosman
Title
President & CEO
Phone
4149332215
Signed
2025-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Gosman
Formed
2022
Legal Domicile
Wi
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 222, MILWAUKEE, WI 53202
Preparer
Katy L Sommer
Phone
4142711451
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

SAME AS PRIOR YEAR

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income tax under section 501(c)(3) of the internal revenue code and is classified as other than a private foundation. The affiliate is a solely owned corporation and therefore the internal revenue service considers it to be a disregarded entity for tax purposes. All affiliate activity is included under acts community development corporation for tax purposes. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of december 31, 2024, the organization and affiliate had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

COSTS OF HOME SALES

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IRS990/PayrollTaxesGrp/ProgramServicesAmt037764
IRS990/PayrollTaxesGrp/TotalAmt047512
IRS990/PensionPlanContributionsGrp/FundraisingAmt01368
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0648
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08961
IRS990/PensionPlanContributionsGrp/TotalAmt010977
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01710395
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024362
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025357
IRS990/PrincipalOfficerNm0MICHAEL GOSMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL PROPERTY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0117518
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0117518
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04146849
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0130439
IRS990/PYOtherExpensesAmt0251028
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt058835
IRS990/PYRevenuesLessExpensesAmt03541022
IRS990/PYSalariesCompEmpBnftPaidAmt0544073
IRS990/PYTotalExpensesAmt0795101
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04336123
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02747264
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01670245
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0297825
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150159
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03836059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04146849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07982908
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09098
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt038327
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0356660
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0121341
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0121341
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt05381590
IRS990ScheduleA/SubstantialContributorsTotAmt02601318
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03836059
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04146849
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07982908
IRS990ScheduleA/TotalSupportAmt08142576
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0916
IRS990ScheduleD/ExpensesSubtotalAmt01414933
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0916
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0916
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-3646
IRS990ScheduleD/OtherRevenueAmt02419795
IRS990ScheduleD/RevenueNotReportedAmt02416149
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0916
IRS990ScheduleD/RevenueSubtotalAmt04162197
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE AFFILIATE IS A SOLELY OWNED CORPORATION AND THEREFORE THE INTERNAL REVENUE SERVICE CONSIDERS IT TO BE A DISREGARDED ENTITY FOR TAX PURPOSES. ALL AFFILIATE ACTIVITY IS INCLUDED UNDER ACTS COMMUNITY DEVELOPMENT CORPORATION FOR TAX PURPOSES. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. AS OF DECEMBER 31, 2024, THE ORGANIZATION AND AFFILIATE HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COSTS OF HOME SALES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01415849
IRS990ScheduleD/TotalRevenuePerForm990Amt04163113
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06578346
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01414933
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0192167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1134881
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt042000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt036612
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt116848
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL GOSMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DOROTHY YORK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP REAL ESTATE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0270779
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1151729
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0IN 2024 A RELATED ORGANIZATION ACCRUED A BONUS OF $42,000 FOR THE CEO.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 7
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ENTIRE BOARD IS PROVIDED THE 990 (EXCLUDING SCHEDULE B) FOR REVIEW PRIOR TO FILING, THE EXECUTIVE COMMITTEE REVIEWS THE FULL 990 (INCLUDING SCHEDULE B) AND DISCUSSES ANY NECESSARY ITEMS WITH THE FULL BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. OTHER MEMBERS OF THE BOARD OR COMMITTEE DETERMINE IF A CONFLICT EXISTS. WHEN THIS OCCURS THE BOARD MEMBER WITH A CONFLICT OF INTEREST IS ASKED TO LEAVE DURING THE DISCUSSION AND VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTS ACQUISITIONS DOES NOT GIVE COMPENSATION DIRECTLY TO ANY EMPLOYEES, ALL COMPENSATION IS PAID THROUGH ACTS HOUSING AND CHARGED BACK TO ACQUISITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST

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