Kohala Union Housing Corporation

“IRS 990 and audited financial statement. Each year, the Secretary/Treasurer of the Corporation shall review and circulate the IRS 990 and audited annual financial Statements prior to filing. Each year at the annual meeting the Board of Directors of the Corporation shall review and approve and accept the IRS 990 and audited annual financial statements for the preceding year. Copies of IRS 990s will not made available to outside sources until the Board approves and accepts the filed report. After the IRS 990 is approved and accepted by the Board, the report may be made public pursuant to receipt of a written request to the Secretary.”

“Conflicts of interest arise in many circumstances. The principles in this policy are intended to aid us in using good judgment when such circumstances arise. However, some situations are not black and white and may well involve some legitimate business activity or interest. In such cases, the following policies reflect the Corporations attempt to balance competing interests in recognizing and avoiding conflicts of interest. Disclosure and Reporting of Conflicts of Interest. Where a question of conflicts of interest may arise in business dealings of any employee, former employee, director, officer, former director, former officer, or current contractor, self disclosure and reporting is expected. Any potential or prospective conflict of interest is expected to be reported to the supervisor, or the Board of Directors as maybe applicable.”

“The Corporations compensation policy is to provide fair and reasonable compensation for work provided by all our employees and staff. The board of directors of the Corporation shall review the compensation for the chief executive officer, executive director, or other person who is the top management official. This review shall be done as the board of directors of the Corporation may determine to be necessary.”

“Disclosure of Governing Documents and Records. Upon receipt of a written request, the Corporation may at the determination and affirmative vote by its Board of Directors make its governing documents, conflict of interest policy, and financial statements available to the person or organization making the request. Such actions will be considered at scheduled or Annual Meetings of the Corporation. Pursuant to the By-laws the President or any two Directors may call a Special Meeting to consider the request for disclosure of the Corporations documents.”

“The Corporatin does not provide indoor tanning service.”

“line 9 owner contributions”

“Tax - real estate, ge 439. 439. 0. 0.”

“administrative rent 11408. 11408. 0. 0.”

“supplies 6597. 6597. 0. 0.”

“workers comp 650. 650. 0. 0.”

“misc administrative 4619. 4619. 0. 0.”