SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2017
Open to Public
Inspection
Name of the organization
LYDIA HOME ASSOCIATION
 
Employer identification number

36-1412810
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S 990 WAS PREPARED BY INDEPENDENT ACCOUNTANTS AND WAS PROVIDED TO THE ASSOCIATION'S CONTROLLER AND BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE ASSOCIATION'S OFFICERS AND DIRECTORS SIGN A STATEMENT ACKNOWLEDGING THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY. AS PART OF THEIR ACKNOWLEDGEMENT, THEY ARE TO REPORT ANY RELATIONSHIPS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. THEY ALSO HAVE THE DUTY TO ADVISE THE OTHER MEMBERS OF THE BOARD SHOULD A TRANSACTION ARISE DURING THE YEAR THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS AND INCLUDES REVIEW BY INDEPENDENT PERSONS AND COMPARATIVE DATA, WHICH ARE SUBSTANTIATED IN THE MINUTES OF THE BOARD OF DIRECTORS. THE COMPENSATION OF THE CONTROLLER IS DETERMINED BY THE EXECUTIVE DIRECTOR IN CONSULTATION WITH OTHER ADMINISTRATIVE STAFF AND THROUGH NEGOTIATION UPON HIRE.
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 XII, LINE 2C: THE ASSOCIATION'S BOARD OF DIRECTORS AND AUDIT COMMITTEE ARE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2017


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