Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | ACCOUNTING FIRM THAT PREPARES THE FORM 990 REVIEWS THE FORM WITH THE BOARD OF DIRECTORS OF THE HOME ASSOCIATION BEFORE IT IS FILED. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPURTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WITH THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTERST EXISTS. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE COMPENSATION OF THE POST'S MANAGER IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE ANNUAL PA STATISTICAL WAGE ANALYSIS REPORT POSTED PUBLICLY BY PA DEPT OF LABOR AND INDUSTRY IS USED TO HELP DETERMINE A REASONABLE RANGE FOR WAGES PAID. BOARD CONSIDERATIONS AND APPROVALS ARE DOCUMENTED IN BOARD MINUTES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | A COPY OF THE BOARD MEMBER POLICY MANUAL, WHICH INCLUDES THE CORPORATE BY-LAWS AND ARTICLES OF INCORPORATION, AND FINANCIAL STATEMENTS IS AVAILABLE UPON REQUEST TO THE POST MANAGER. |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 5 | THE ORGANIZATION'S NET ASSETS WERE 1,578,010 AT 1/1/10. PER STATEMENT OF REVENUE PART VIII LINE 12, REVENUES FOR 2010 WERE 301,639. PER STATEMENT OF FUNCTIONAL EXPENSES PART IX, LINE 26, TOTAL EXPENSES FOR THE ORGANIZATION WERE 368,799. IN ADDITION 5,550 WAS RECORDED AS A COMBINATION OF PRIOR YEAR TAXES REFUNDED AS A RESULT OF A NET OPERATING LOSS FROM 12/31/09 OF 1,174 AS WELL AS A REFUNDABLE CREDIT OF 4,376 FROM FORM 8941 RELATED TO CREDIT FOR SMALL EMPLOYER HEALTH PREMIUMS PAID. THIS RESULTS IN NET ASSETS OF 1,516,400 AT 12/31/10. |
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