| FORM 990, PART VI, SECTION A, LINE 2 |
CERTAIN OFFICERS AND DIRECTORS LISTED IN FORM 990, PART VII MAY ALSO BE OFFICERS OR DIRECTORS OF NON-PROFIT HOUSING DEVELOPMENT AND FINANCE COMPANIES ASSOCIATED WITH THE ASSOCIATION OF NEW YORK CATHOLIC HOMES. IHD MAY ENTER INTO BUSINESS TRANSACTIONS WITH THESE HOUSING DEVELOPMENT COMPANIES FOR WHICH IHD MAY BE ENTITLED TO CONSULTING AND OTHER FEES. THE OFFICERS AND DIRECTORS RECEIVE NO COMPENSATION FROM IHD OR THE HOUSING COMPANIES AND ARE ONLY SERVING SUCH NON-PROFIT ORGANIZATIONS IN THEIR CAPACITIES AS BOARD MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 3 |
IHD HAS ENTERED INTO A BUSINESS SERVICE AGREEMENT WITH CATHOLIC CHARITIES COMMUNITY SERVICES, ARCHDIOCESE OF NEW YORK ("CCCS") UNDER WHICH CCCS PROVIDES CERTAIN SERVICES (STRATEGIC PLANNING AND OTHER PROGRAMMATIC SUPPORT, FISCAL OPERATIONS AND OTHER ADMINISTRATIVE SUPPORT) FOR WHICH IT CHARGED IHD $118,000 DURING THE YEAR ENDED AUGUST 31, 2017. |
| FORM 990, PART VI, SECTION A, LINE 6 |
IHD IS A MEMBERSHIP CORPORATION. THERE SHALL BE TWO MEMBERS OF THE CORPORATION. THE MEMBERS SHALL BE THE CHANCELLOR OF THE ARCHDIOCESE OF NEW YORK AND THE EXECUTIVE DIRECTOR OF THE CATHOLIC CHARITIES OF THE ARCHDIOCESE OF NEW YORK, EACH EX-OFFICIO. |
| FORM 990, PART VI, SECTION A, LINE 7A |
DIRECTORS SHALL BE ELECTED BY MEMBERS OF THE CORPORATION AT THE ANNUAL OR SPECIAL MEETING OF THE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7B |
RESERVED POWERS: ACTIONS REQUIRING MAJORITY VOTE: THE VOTE OF A MAJORITY OF THE MEMBERS AT THEIR ANNUAL OR SPECIAL MEETING HELD UPON NOTICE OF THE PROPOSED ACTION SHALL BE REQUIRED FOR THE FOLLOWING ACTIONS: 1) ELECTION OF THE DIRECTORS OF THE CORPORATION; 2) ANY AMENDMENT TO THE CERTIFICATE OF INCORPORATION, BY-LAWS OR MISSION STATEMENT OF THE CORPORATION; 3) APPROVAL OF ANY MAJOR CAPITAL PROJECT INVOLVING THE SALE, ASSIGNMENT, LEASE, PLEDGE, TRANSFER OR OTHER ENCUMBRANCE OF SUBSTANTIAL FIXED ASSETS OF THE CORPORATION; 4) APPROVAL OF ANY DEBT INCURRENCE SECURED BY THE PROPERTY, REVENUES, OR OTHER ASSETS OF THE CORPORATION; 5) APPROVAL OF ANY UNSECURED DEBT INCURRENCE IN AN AMOUNT GREATER THAN (I) ONE HUNDRED THOUSAND DOLLARS ($100,000) OR (II) 5% OF THE CORPORATION'S OPERATING BUDGET; 6) APPROVAL OF ANY TRANSACTION THAT REQUIRES THE APPROVAL OF THE HOLY SEE, WHICH APPROVAL SHALL BE SUBJECT TO APPROVAL OF THE HOLY SEE IN ACCORDANCE WITH CANON LAW; 7) APPROVAL OF THE ESTABLISHMENT OF A NEW RELATED ENTITY OF THE CORPORATION; AND 8) REMOVAL WITH OR WITHOUT CASE OF ANY OR ALL OF THE DIRECTORS. ACTIONS REQUIRING SUPERMAJORITY VOTE: THE VOTE OF 2/3 OF THE MEMBERS AT THEIR ANNUAL OR SPECIAL MEETING HELD UPON NOTICE OF THE PROPOSED ACTION SHALL BE REQUIRED FOR THE FOLLOWING ACTIONS: 1) APPROVAL OF (I) THE PURCHASE, SALE, MORTGAGE OR LEASE OF REAL PROPERTY WHICH CONSTITUTES A MATERIAL PORTION OF THE ASSETS OF THE CORPORATION OR (II) THE SALE, ASSIGNMENT OR OTHER DISPOSITION OF ALL OR A MATERIAL PORTION OF THE ASSETS OF THE CORPORATION. 2) APPROVAL OF ANY MERGER, CONSOLIDATION, PURCHASE OR JOINT OPERATING AGREEMENT INVOLVING THE CORPORATION; AND 3) APPROVAL OF ANY PLAN OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE RETURN WAS MADE AVAILABLE TO ALL BOARD MEMBERS AND A DETAILED REVIEW OF THE FORM 990 WAS PERFORMED BY THE BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO OFFICERS, DIRECTORS AND BOARD MEMBERS AND RETURNED SIGNED TO THE CORPORATE SECRETARY FOR REVIEW. ANY POTENTIAL CONFLICTS ARE REVIEWED WITH LEGAL STAFF AND APPROPRIATE DISCUSSIONS AND ACTIONS ARE UNDERTAKEN. |
| FORM 990, PART VI, SECTION B, LINE 15A |
A CPA FIRM WAS ENGAGED BY THE CATHOLIC CHARITIES OF THE ARCHDIOCESE OF NEW YORK TO DEVELOP, ON BEHALF OF THAT ENTITY AND ITS FEDERATION OF AGENCIES (WHICH INCLUDES THE NEW YORK INSTITUTE FOR HUMAN DEVELOPMENT, INC.), A COMPENSATION STUDY AND PREPARE A REPORT ON THE RESULTS OF THE SURVEY TO EDUCATE THE FEDERATION IN DEVELOPING POLICIES AND PROCEDURES NECESSARY TO COMPLY WITH THE NEW REQUIREMENTS. THE ORGANIZATION'S BOARD CHAIR REVIEWED THE COMPENSATION SURVEY AND ANOTHER INDUSTRY SURVEY, EVALUATED THE COMPENSATION LEVELS OF THE ORGANIZATION'S OFFICERS AND DETERMINED THAT THE ORGANIZATION'S COMPENSATION LEVELS WERE REASONABLE BASED ON SUCH DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S FORM 990, ANNUAL AUDITED FINANCIAL STATEMENTS AND EXEMPTION, AS WELL AS THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY, WILL BE MADE AVAILABLE UPON REQUEST DIRECTLY TO THE ORGANIZATION. |
| FORM 990, PART XII, LINE 2C |
THE PROCESS OF SELECTING AN INDEPENDENT ACCOUNTANT AND THE RESPONSIBILITY OVER THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART I, LINE 5 AND PART VI, LINE 2A: |
EXPLANATION FOR NUMBER OF EMPLOYEES: IHD DOES NOT EMPLOYEE ANY EMPLOYEES OF ITS OWN. IHD RECOGNIZED THE SALARIES, PENSION, EMPLOYEE BENEFITS AND PAYROLL TAXES REPORTED IN FORM 990, PART IX FOR THE THREE STAFF, BUT CATHOLIC CHARITIES COMMUNITY SERVICES, ARCHCDIOCESE OF NEW YORK ("CCCS"), A RELATED ORGANIZATION, PROVIDES BUSINESS AND ACCOUNTING SERVICES TO IHD, INCLUDING ACTING AS A COMMON PAYMASTER FOR THE THREE STAFF. THE TOTAL NUMBER OF EMPLOYEES REPORTED ON IHD'S FORM 990, PART I, LINE 5 AND FORM 990, PART V, LINE 2A IS ZERO. |
Attach to Form 990 or 990-EZ.