| FORM 990, PART VI, SECTION A, LINE 3 |
ONLY 555 DUDLEY IS MANAGED BY A PROPERTY MANAGEMENT COMPANY. THE PROPERTY MANAGEMENT COMPANY PROVIDES DAY TO DAY MANAGEMENT OF 555 DUDLEY AND PROVIDES PROPERTY MAINTENANCE AS WELL. THE TOTAL EXPENSES OF 555 DUDLEY REPRESENT APPROXIMATELY 10% OF THE TOTAL EXPENSES OF DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE 990 IS DISTRIBUTED TO THE GOVERNING BODY FOR REVIEW AND QUESTIONS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
EMPLOYEES AND BOARD MEMBERS ARE REQUIRED ON AN ANNUAL BASIS TO REVIEW THE CONFLICT OF INTEREST POLICY. AFTER THEIR REVIEW, THE EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN A FORM THAT NOT ONLY ASSERTS THEY HAVE READ AND UNDERSTAND THE POLICY, BUT THAT THEY AGREE TO COMPLY WITH THE POLICY. ANY POTENTIAL CONFLICTS ARE TO BE NOTED AT THAT TIME. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE HUMAN RESOURCE DIRECTOR USES MARKET DATA FROM RELEVANT PERSONNEL ALONG WITH INPUTS FROM OTHER COMPENSATION SPECIALISTS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: |
LOSS ON NOTE RECEIVABLE -4,275,000. SYNDICATION OF PEARL 3,990,156. RECOVERY OF INVESTMENT IN AFFILIATE 984,618. FORGIVENESS OF DEFERRED RENT RECEIVABLE -22,688. IMPAIRMENT LOSS -2,210,296. |
| FORM 990, PART XII, LINE 2C: |
THE OVERSIGHT PROCESS FOR THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED BETWEEN YEARS. |
Attach to Form 990 or 990-EZ.