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AMENDED RETURN FILING: | THE FORM 990 HAS BEEN AMENDED TO AGREE TO THE AUDITED FINANCIAL STATEMENTS WHICH WERE NOT COMPLETED BY THE ORIGINAL DUE DATE OF THE TAX RETURN. THE FOLLOWING CHANGES WERE MADE TO AGREE TO THE FINANCIAL STATEMENTS: PART VIII, LINE 1H INCREASED FROM $464,744 TO $484,682 FOR ADDITIONAL GRANT REVENUE. PART IX- LINE 25- TOTAL OVERALL EXPENSES PER ORIGINAL 990 OF $641,655 DECREASED TO $632,699 DUE TO A CHANGE IN PREPAID EXPENSE, ACCRUED EXPENSE ADJUSTMENTS AND CAPITALIZATION OF EXPENDITURES AS FIXED ASSETS. PART IX ALSO REFLECTS GROUPING CHANGES IN EXPENSE TYPES. OVERALL EXPENSE ADJUSTMENT WAS $8,956. PART X- THE BALANCE SHEET WAS CORRECTED TO ADJUST FOR THE CHANGE IN GRANT RECEIVABLE, PREPAID EXPENSE AND ACCRUED EXPENSES. PART XI- LINE 8 - A PRIOR PERIOD ADJUSTMENT WAS REPORTED ON THE FINANCIAL STATEMENTS TO CORRECT AND RECORD ACCRUED VACATION/PAYROLL. |
FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD HAS DELEGATED REVIEW OF THE 990 TO ITS EXECUTIVE COMMITTEE. AFTER THE EXECUTIVE COMMITTEE REVIEW, A COPY OF THE 990 IS MADE AVAILABLE TO THE ENTIRE BOARD FOR COMMENTS PRIOR TO FILING WITH THE IRS. |
FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD ENFORCES THE CONFLICT OF INTEREST POLICY BY REQUIRING BOARD MEMBERS TO IDENTIFY TRANSACTIONS FOR WHICH THEY HAVE A POTENTIAL CONFLICT OF INTEREST. ANY BOARD MEMBER WITH A POTENTIAL CONFLICT IS THEN REQUIRED TO ABSTAIN FROM VOTING ON WHETHER TO ENTER INTO THE TRANSACTION. |
FORM 990, PART VI, SECTION B, LINE 15 | THE PERSONNEL COMMITTEE PERFORMS THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR AND THEN BRINGS THE SUGGESTED SALARY/BONUS TO THE BOARD OF DIRECTORS FOR ITS APPROVAL. THE EXECUTIVE DIRECTOR COMPENSATION IS BASED ON JOB PERFORMANCE, BENCHMARKS, AND COMPARABLE COMPENSATION OF SIMILAR ORGANIZATIONS. |
FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE TO PUBLIC UPON WRITTEN REQUEST |
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