FORM 990, PART VI, SECTION A, LINE 3 |
ANDERSON PLACE APARTMENTS IS MANAGED BY CAIN CENTER FOR THE DISABLED, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. CAIN CENTER FOR THE DISABLED HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED CAIN CENTER FOR THE DISABLED TO MANAGE THE ANDERSON PLACE APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. A BOARD OF DIRECTORS MEETING IS SCHEDULED TO REVIEW THE 990. |
FORM 990, PART VI, SECTION B, LINE 12C |
REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. |
FORM 990, PART VI, SECTION B, LINE 15 |
APPROVED AND VOTED ON AT BOARD OF DIRECTORS MEETING |
FORM 990, PART VI, SECTION C, LINE 19 |
THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST (WRITTEN OR IN PERSON). |
PART VII, SECTION A, LINE 1A, COLUMN B |
AVERAGE HOURS PER WEEK FOR BOARD OF DIRECTORS: ALL OF THE OFFICERS AND DIRECTORS LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. |
PART XII, LINE 2C: |
OVERSIGHT OF AUDITING FUNCTION: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. |