Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ST. ALOYSIUS HOLDINGS CORPORATION IS A NON-PROFIT CORPORATION INCORPORATED SOLELY BY THE BROTHERS OF THE SACRED HEART, INC. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BROTHERS OF THE SACRED HEART, INC., THE SOLE SHAREHOLDER, APPOINTS THE ORGANIZATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | CURRENTLY, FORM 990 FOR EACH CORPORATION IS REVIEWED AFTER ITS PREPARATION BY THE OFFICER RESPONSIBLE FOR ITS FILING. THE 990 IS THEN REVIEWED BY ALL BOARD MEMBERS AND OFFICERS. ANY SIGNIFICANT CHANGES ARE MADE AND ANY QUESTIONS ARE ANSWERED BY THE OUTSIDE CPA FIRM PRIOR TO FILING THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT A BOARD OF DIRECTORS MEETING ANNUALLY FOR EACH CORPORATION, AN OPEN DISCUSSION TAKES PLACE AND IS DOCUMENTED IN THE MINUTES ABOUT ANY POSSIBLE CONFLICTS AND HOW THEY WILL BE OR HAVE BEEN ADDRESSED. OFFICERS AND DIRECTORS MAY ADDRESS ANY RELATED CONCERNS TO THE PRESIDENT OF THE BOARD AT ANY TIME OF THE YEAR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION DOES NOT PAY ANY COMPENSATION TO ANY INDIVIDUAL. HOWEVER, THE COMPENSATION COMMITTEE OF THE BOARD OF BROTHER MARTIN HIGH SCHOOL MEETS ANNUALLY TO REVIEW THE COMPENSATION OF THE PRESIDENT AND PRINCIPAL OF THE HIGH SCHOOL. THE REVIEW CONSISTS OF COMPARISONS TO OTHER SCHOOLS IN THE AREA, REVIEW OF ANNUAL COMPENSATION SURVEYS, AND A REVIEW OF OVERALL MARKET TRENDS IN THE INDUSTRY. THIS INFORMATION IS CONTEMPORANEOUSLY DOCUMENTED IN THE WRITTEN MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | DIVIDENDS PAID TO BROTHERS OF THE SACRED HEART - ($170,004) -170,004. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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