Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | WITH APPROVAL FROM HUD, THE ORGANIZATION HAS ENTERED INTO A PROPERTY MANAGEMENT CONTRACT WITH SOUTHLAND MANAGEMENT CORPORATION (AGENT), WHICH IS SCHEDULED TO EXPIRE AUGUST 2014. THE ORGANIZATION HAS AGREED TO PAY A FEE OF 8.5 PERCENT OF RESIDENTIAL AND MISCELLANEOUS INCOME FOR THE PERIOD OF TEN YEARS. UNDER THIS CONTRACT, THE AGENT HAS AGREED TO RENT, OPERATE AND MAINTAIN THE PROJECT ON BEHALF OF THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS AND REVIEWED BY THE ORGANIZATION'S PRINCIPAL OFFICER. A COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES) IS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY. THE ORGANIZATION'S GOVERNING BODY REVIEWS THE FORM 990, APPROVES THE FORM 990 FOR FILING WITH THE INTERNAL REVENUE SERVICE, AND AUTHORIZES OFFICERS OF THE ORGANIZATION TO EXECUTE THE FORM 990 ON BEHALF OF THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES THEIR 990 AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH OTHER PUBLIC OUTLETS SUCH AS GUIDESTAR.ORG. | |
| FORM 990, PART XII, LINE 2C: | THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. |
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