FORM 990, PART VI, SECTION A, LINE 6 |
THE ASSOCIATION HAS THREE VOTING CLASSES OF GENERAL MEMBERSHIP. CLASS A ARE OWNERS OF REAL PROPERTY IN THE DISTRICT AS REGISTERD WITH THE CITY OF ALBANY TO RECEIVE REAL PROPERTY TAX BILLS. CLASS B ARE TENANTS WHO ARE OCCUPANTS PURSUANT TO LEASES OF COMMERCIAL SPACE WITHIN THE DISTRICT. CLASS C ARE PERSONS BY VIRTUE OF THEIR APPOINTMENT AS MUNICIPAL REPRESENTATIVES AND ANY DESIGNEES OF THESE APPOINTMENTS MUST BE EMPLOYEES OR OWNERS OF THE RELATED MEMBER TENANCY THEY REPRESENT. |
FORM 990, PART VI, SECTION A, LINE 7A |
CLASS C MEMBERS HAVE THE ABILITY TO APPOINT A DESIGNEE TO SERVE. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE ASSOCIATION PROVIDES A COMPLETE COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY FOR REVIEW ON AN ANNUAL BASIS BEFORE FILING THE FORM. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE ASSOCIATION PROVIDES THE BOARD WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. |
FORM 990, PART VI, SECTION B, LINE 15A |
COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND ON ITS WEBSITE. |
FORM 990, PART XI, LINE 9: |
ROUNDING ADJUSTMENT 2. |
FORM 990, PART XII, LINE 2C: |
THE ORGANIZATION HAS AN AUDIT COMMITTEE COMPRISED OF ALL MEMBERS OF THE BOARD WHO ARE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. |
AMENDED FORM 990 EXPLANATION |
FORM 990, PART I, LINE 13: HAS BEEN CHANGED TO 24,279 DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART I, LINE 15: HAS BEEN CHANGED TO 301,147 DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART I, LINE 17: HAS BEEN CHANGED TO 494,259 DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART III, LINE 4A EXPENSES AND REVENUES: HAVE BEEN CHANGED TO 321,340 EXPENSES AND 0 REVENUES DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART III, LINE 4B EXPENSES AND REVENUES: HAS BEEN CHANGED TO 138,358 EXPENSES AND 0 REVENUES DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART III, LINE 4C EXPENSES AND REVENUES: HAS BEEN CHANGED TO 83,821 EXPENSES AND 0 REVENUES DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART III, LINE 4D EXPENSES AND REVENUES: HAS BEEN CHANGED TO 157,808 EXPENSES AND 21,102 REVENUES DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART III, LINE 4E EXPENSES: HAS BEEN CHANGED TO 701,327 DUE TO FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART IX, LINES 1-25: ALLOCATIONS HAVE BEEN CHANGED TO MATCH ALLOCATIONS ON FINAL ISSUED FINANCIAL STATEMENTS. FORM 990, PART IV LINE 12A: CHANGED TO YES. FORM 990, PART V LINE 1C: CHANGED TO YES. FORM 990, PART XII LINES 2B AND 2C: CHANGED TO YES. FORM 990, SCH A LINES 8 AND 10: CHANGED TO 20,167 AND 2,292. FORM 990, SCH B, PART II: NATIONAL GRID WAS REMOVED FROM CONTRIBUTORS. MOHAWK VALLEY CARPET WITH A CONTRIBUTION OF 37,650 AND COMALLI GROUP INC WITH A CONTRIBUTION OF 30,000 WERE ADDED AS CONTRIBUTORS. FORM 990, SCH D PART XI LINES 1 AND 5: CHANGED TO 713,635. FORM 990, SCH D PART XII LINE 1: CHANGED TO 819,685. FORM 990, SCH D PART XII LINES 4B: CHANGED TO 2. FORM 990, SCH D PART XII LINE 5: CHANGED TO 819,687. |