Return Reference | Explanation |
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FORM 990 - ORGANIZATION'S MISSION | TO PROVIDE QUALITY INNOVATIVE HOUSING FOR FAMILIES IN NEED, PROMOTE OPPORTUNITIES FOR SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE AND BUILD A THRIVING COMMUNITY FOR THE CITY OF SARATOGA SPRINGS, NY AND SARATOGA COUNTY. |
FORM 990 | CLIENT NOTE 1: FORM 990 LINE 9 AND 990 PART VII LINE 2 PROGRAM SERVICE REVENUE: THIS ORGANIZATION'S EXEMPT PURPOSE INCLUDES THE PROVISION OF AFFORDABLE HOUSING TO LOW-INCOME PEOPLE, THEREFORE THE RENTAL INCOME IS INCLUDED AS PROGRAM SERVICE REVENUE. THIS REVENUE IS TO PROVIDE QUALITY, INNOVATIVE HOUSING FOR FAMILIES IN NEED, PROMOTE OPPORTUNITIES FOR SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE AND BUILD A THRIVING COMMUNITY FOR THE CITY OF SARATOGA SPRINGS, NY AND SARATOGA COUNTY. |
FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS GIVEN TO ALL OF THE BOARD MEMBERS AT THE QUARTERLY BOARD MEETING. IF THE BOARD MEMBER IS NOT ABLE TO ATTEND THE MEETING, THE 990 IS MAILED TO THEM IMMEDIATELY. |
FORM 990, PAGE 6, PART VI, LINE 12C | ONCE A YEAR, EACH BOARD MEMBER IS ASKED TO SIGN OFF THAT THEY DO NOT HAVE CONFLICTS WITH THE ORGANIZATION. |
FORM 990, PAGE 6, PART VI, LINE 19 | THE BOARD MEETS A MINIMUM OF QUARTERLY - SECOND TUESDAY OF EACH QUARTER - FOR A BOARD MEETING TO DISCUSS BUSINESS, SET POLICIES, RECORD RESOLUTIONS. THE SARATOGA AFFORDABLE HOUSING GROUP, INC. IS AUDITED YEARLY AND THE 990, WITH ALL ITS ATTACHMENTS IS GIVEN TO EACH BOARD MEMBER ANNUALLY. AS SOON AS THE 990 IS FINISHED, A LEGAL NOTICE IS PUT IN THE PAPER STATING THAT THE ANNUAL RETURN IS AVAILABLE FOR INSPECTION. THE LEGAL NOTICE STATES THE RETURN IS AVAILABLE FOR INSPECTION AFTER THE REQUEST IS RECEIVED AT THE OFFICE, ALONG WITH THE ADDRESS ALSO STATED IN THE NEWSPAPER OF WHERE TO MAKE THE REQUEST. |
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