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FORM 990, PART VI, SECTION A, LINE 7A | OHIO CAPITAL CORPORATION FOR HOUSING, A SECTION 501(C)(3) ORGANIZATION, IS THE SOLE MEMBER OF OHIO CAPITAL IMPACT CORPORATION AND AS SUCH CAN ELECT MEMBERS OF THE GOVERNING BODY. |
FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS REVIEWED INTERNALLY BY THE PERSON WHO POSSESSES THE BOOKS AND RECORDS OF THE ORGANIZATION. IT IS THEN REVIEWED BY THE FINANCE/AUDIT COMMITTEE AND LEGAL COUNSEL. THE AUDIT COMMITTEE RECOMMENDS APPROVAL TO THE FULL BOARD PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C | DIRECTORS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND COMPLETE AN INTEREST DISCLOSURE STATEMENT. AN INTEREST DISCLOSURE STATEMENT MUST ALSO BE COMPLETED AND FILED WHEN SITUATIONS ARISE THAT CAUSE AN ACTUAL, APPARENT OR POTENTIAL CONFLICT OF INTEREST. OHIO CAPITAL IMPACT CORPORATION IS A SMALL COMPANY WITH NO EMPLOYEES. ANY KNOWN CONFLICT OF INTEREST IS BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS FOR REVIEW. |
FORM 990, PART VI, SECTION C, LINE 19 | THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
FORM 990, PART VI, LINE 1B: | THE MEMBERS ARE PAID COMPENSATION FROM RELATED ORGANIZATIONS, HOWEVER THERE WAS NO COMPENSATION OVER $10,000 IN CONNECTION WITH SERVICES PROVIDED TO EACH OF THE RELATED ORGANIZATIONS. |
PART XII, LINE 2C | ALTHOUGH THERE IS NO SEPARATE AUDITED FINANCIAL STATEMENT FOR THE ENTITY, THE ORGANIZATION DOES RECEIVE A CONSOLIDATED AUDIT PERFORMED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
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