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 I, LINE 1 | TO PROVIDE LOCAL CHAPTERS WITH PARTIAL FINANCING FOR THE ACQUISITION, IMPROVEMENT, OR FURNISHING OF CHAPTER HOUSING. |
| FORM 990, PART V, LINE 2A: | TRIANGLE BUILDING AND HOUSING CORPORATION DOES NOT HAVE ANY EMPLOYEES. THE EXECUTIVE DIRECTOR IS PAID THROUGH TRIANGLE FRATERNITY NATIONAL COUNCIL, A RELATED SECTION 501(C)(7) TAX EXEMPT ORGANIZATION, BASED ON A MANAGEMENT AGREEMENT NEGOTIATED AND APPROVED BY TRIANGLE BUILDING AND HOUSING CORPORATION'S BOARD OF DIRECTORS. THE STAFFING EXPENDITURES ARE REPORTED IN THE FUNCTIONAL EXPENSES APPROPRIATE LINE ITEMS AS SALARIES, PAYROLL TAXES AND BENEFITS AS APPLICABLE. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 AND ALL RELATED SCHEDULES, STATEMENTS AND ATTACHMENTS ARE REVIEWED AND APPROVED BY THE TREASURER AND OTHER APPROPRIATE REPRESENTATIVES OF THE BOARD OF DIRECTORS PRIOR TO FINALIZING AND FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | TRIANGLE BUILDING AND HOUSING CORP. PERIODICALLY DISTRIBUTES CONFLICT OF INTEREST QUESTIONNAIRES TO EACH OFFICER, EMPLOYEE AND MEMBER OF THE BOARD OF DIRECTORS. THE QUESTIONNAIRES INCLUDE STATEMENTS REGARDING OTHER EMPLOYMENT, BEING RELATED TO ANYONE ON THE BOARD AND OTHER ITEMS THAT MAY CREATE AN APPEARENCE OF A POTENTIAL INDEPENDENCE ISSUE. THE IDENTIFICATION, EVALUATION AND RESOLUTION OF THOSE ISSUES ARE DISCUSSED WITH THE APPROPRIATE LEVEL OF MANAGEMENT OR MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | TRIANGLE BUILDING AND HOUSING CORP.'S BOARD OF DIRECTORS DETERMINES AND SETS ALL STAFFING COMPENSATION RATES AFTER A THOROUGH REVIEW OF ALL RELATED ISSUES, CONSULTATION WITH INDEPENDENT PERSONS, REVIEW OF COMPARABLE DATA AND DELIBERATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | TRIANGLE BUILDING AND HOUSING CORPORATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND TAX RETURN AS APPLICABLE, AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST MADE TO THE TREASURER. |
| FORM 990, PART XI, LINE 9: | TRANSFER OF FUNDS FROM RELATED PARTY 1,096,044. |
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