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: | THE SOLE MEMBER OF THE ORGANIZATION IS PHIPPS HOUSES. |
| FORM 990, PART VI, SECTION A, LINE 7A: | AS THE SOLE MEMBER OF THE ORGANIZATION, PHIPPS HOUSES HAS THE RIGHT TO ELECT THE MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B: | UNDER NEW YORK STATE LAW, CERTAIN GOVERNANCE DECISIONS REQUIRE MEMBERSHIP APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B: | MEMBERS OF THE ORGANIZATION'S GOVERNING BODY REVIEW THE FORM 990 FOR ACCURACY OF CONTENT AND DISCUSS AS NECESSARY. |
| FORM 990, PART VI, SECTION B, LINE 12C: | OFFICERS AND DIRECTORS MUST COMPLETE AND CERTIFY ANNUALLY A LIST OF CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINES 15A AND 15B: | THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19: | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII, SECTION A: | THE COMPENSATION OF THE PRESIDENT AND CEO (PAID BY PHIPPS HOUSES) REFLECTS HIS CONTRIBUTIONS TO ALL AFFILIATED ENTITIES. ON A CONSOLIDATED BASIS, IN 2014, THE PHIPPS HOUSES GROUP HAD REVENUE OF $169 MILLION AND ASSETS OF $1.058 BILLION. |
| FORM 990, PART XI, LINE 9: | POSTRETIREMENT BENEFIT ADJUSTMENT |
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