Return Reference | Explanation |
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Form 990, Part VI, Section B, Line 11b | The IRS Form 990 is prepared by the independent Certified Public Accountant utilizing reviewed work papers as well as client prepared supporting schedules. The form 990 is then presented to the board who reviews it in detail. A period of time is allotted for questions and comments. Once that time has passed the return is signed by an authorized trustee and submitted to the IRS. |
Form 990, Part VI, Section B, Line 12c | Annually, each responsible person shall be required to review a copy of the "Conflict of Interest and Disclosure of Certain Interests" policy. Any information regarding business interests of a responsible person or a family member shall be treated as confidential. Any changes to the policy are communicated immediately to all responsible persons. The annual policy provides a section whereby any potential conflicts of affiliations can be listed. The signed forms are returned and a file is maintained for each fiscal year. During board meetings, members have the opportunity to declare a conflict and abstain from voting on any issue that relates to the organization where a conflict has been declared. Abstentions and objections for all votes are noted in the official board minutes. |
Form 990, Part VI, Section C, Line 19 | The governing documents, conflict of interest policy, financial statements, Form 990's and NY Charities Registration Statements shall be made available to any member of the public who so requests. Requests for copies shall be made in writing or electronically to the organization indicating the name and address of the requester. The IRS Form 990 is also available on WWW.guidestar.org |
Software ID: | 23017517 |
Software Version: | 2023v5.1 |