Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | PUBLIC HOUSING AUTHORITY MEMBERS WHO PARTICIPATE IN THE INSURANCE PROGRAMS OF HOUSING AUTHORITY RISK RETENTION GROUP, INC. AND HOUSING AUTHORITY PROPERTY INSURANCE, INC., ARE ELIGIBLE FOR MEMBERSHIP IN THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | PUBLIC HOUSING AUTHORITY MEMBERS PARTICIPATE INDIRECTLY IN THE SELECTION OF THE GOVERNING BODY BY PARTICIPATING IN HOUSING AUTHORITY RISK RETENTION GROUP, INC. AND HOUSING AUTHORITY PROPERTY INSURANCE, INC. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION PROVIDES A COPY OF FORM 990 TO THE MEMBERS OF THE AUDIT COMMITTEE AND TO THE MEMBERS OF THE BOARD OF DIRECTORS AT THE FIRST QUARTERLY BOARD MEETING AFTER THE FORM 990 HAS BEEN COMPLETED BY THE OUTSIDE CPA FIRM. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES ALL OFFICERS, DIRECTORS AND EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE COMPLETED FORMS ARE REVIEWED BY THE HUMAN RESOURCE DEPARTMENT TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS ARE FURTHER EVALUATED BY THE CEO, AND IF WARRANTED, ARE BROUGHT TO THE ATTENTION OF THE BOARD FOR DISCUSSION AND RESOLUTION. SIMILARLY, ANY POTENTIAL CONFLICTS OF INTEREST THAT ARE BROUGHT TO THE ATTENTION OF THE ORGANIZATION BY THE OUTSIDE AUDITORS OR BY AN EMPLOYEE OR OTHER PERSON ARE INVESTIGATED AND RESOLVED IN ACCORDANCE WITH THE PROCEDURES DISCUSSED ABOVE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION USES 3RD PARTY SALARY SURVEYS TO ASSIST IN DETERMINING THE COMPENSATION OF THE CEO AND OTHER KEY EMPLOYEES. RECOMMENDATIONS MADE BY THE GOVERNANCE COMMITTEE ARE APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION OF THE CEO IS DOCUMENTED IN AN EMPLOYMENT CONTRACT APPROVED BY THE BOARD. THE LAST REVIEW FOR THE ORGANIZATION'S CEO, EXECUTIVE DIRECTORS, AND KEY EMPLOYEES OCCURRED DURING THE SUMMER OF 2010. | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR MAKING RECOMMENDATIONS TO THE FULL BOARD REGARDING THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT PROCESS. NEITHER THE OVERSIGHT PROCESS, NOR THE PROCESS OF SELECTING AN INDEPENDANT ACCOUNTANT HAVE CHANGED SINCE THE PRIOR YEAR. |
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