Mt Carmel Ally

“The organizations volunteer president of the board who lives in Texas is brother-in-law to the organizations volunteer treasurer of the board who lives in Tennessee. There is no other family relationship or a business relationship with any other volunteer board members within the organization. There are no employees or staff of the organization.”

“The process to be used by the organization to review this Form 990 is by email and at regular board meetings.”

“ARTICLE IX CONFLICT OF INTEREST POLICY 9.1. Purpose. The purpose of the Conflict of Interest Policy referred to in this Article IX as the Policy is to protect the Corporations interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or Director of the Corporation or might result in a possible excess benefit transaction. This Policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations. 9.2. Definitions. A Interested Person. Any Director principal officer or member of a committee with governing Board delegated powers who has a direct or indirect financial interest as defined below is an Interested Person. B Financial Interest. A person has a financial interest if the person has directly or indirectly through business investment or family: i An ownership or investment interest in any entity with which the Corporation has a transaction or arrangement; ii A compensation arrangement with the Corporation or with any entity or individual with which the Corporation has a transaction or arrangement; or iii A potential ownership or investment interest in or compensation arrangement with any entity or individual with which the Corporation is negotiating a transaction or arrangement. Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. A financial interest is not necessarily a conflict of interest. Under Section 9.3A below a person who has a financial interest may have a conflict of interest only if the appropriate governing Board or committee decides that a conflict of interest exists. 9.3. Procedures. A Duty to Disclose. In connection with any actual or possible conflict of interest an Interested Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Directors and members of committees with governing Board delegated powers considering the proposed transaction or arrangement. B Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts and after any discussion with the Interested Person he or she shall leave the governing Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. C Procedures for Address the Conflict of Interest. i An Interested Person may make a presentation at the governing Board or committee meeting but after the presentation he or she shall leave the meeting during the discussion of and the vote on the transaction or arrangement involving the possible conflict of interest. ii The chairperson of the governing Board or committee shall if appropriate appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. iii After exercising due diligence the governing board or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest the governing Board or committee shall determine by a majority vote of the disinterested Directors whether the transaction or arrangement is in the Corporations best interest for its own benefit and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. D Violations of the Conflicts of Interest Policy. i If the governing Board or committee has reasonable cause to believe a Director has failed to disclose actual or possible conflicts of interest it shall inform th”

“The organization made its governing documents conflict of interest policy and financial statements available to the general public during the tax year through Candid - GuideStar.”