FORM 990, PART VI, SECTION A, LINE 4 |
COMHAR,INC'S BY-LAWS WERE UPDATED AND AMENDED AS OF JULY 1, 2013. COMHAR INTEGRATED SYSTEMS, THE FORMER PARENT CORPORATION, WAS MERGED INTO COMHAR, INC. RESULTING IN COMHAR INC. BECOMING THE PARENT CORPORATION. THE BY-LAWS WERE CHANGED TO REFLECT THIS, IN ADDITION TO CLARIFYING BOARD MEETING STRUCTURE AND GOVERNANCE. |
FORM 990, PART VI, SECTION B, LINE 11 |
THE FORM 990 IS REVIEWED BY THE CEO, CFO AND CONTROLLER, AND IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE MEMBERS OF THE BOARD OF DIRECTORS EACH COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY ACKNOWLEDGING AND CERTIFYING COMPLIANCE WITH THE POLICY. |
FORM 990, PART VI, SECTION B, LINE 15A |
THE BOARD OF DIRECTORS, IN CONJUNCTION WITH THE CONSULTANT USED TO RECRUIT THE CEO, DETERMINED HIS CONTRACTED SALARY. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
FORM 990, PART IX, LINE 11G |
OTHER: PROGRAM SERVICE EXPENSES 7,228,601. MANAGEMENT AND GENERAL EXPENSES 409,176. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,637,777. |
FORM 990, PART XI, LINE 9: |
INCREASE IN FAIR VALUE OF INTEREST RATE CONTRACT 179. |
FORM 990, PART XII, LINE 2C |
THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FINAL AUDITED FINANCIAL STATEMENTS. THE INDEPENDENT AUDITING FIRM IS REVIEWED ON AN ANNUAL BASIS BY THE CFO AND CEO IS APPROVED BY THE BOARD OF DIRECTORS. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. |