2024-05-14T12:04:41-05:00 2023-06-30 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-07-01 874519402 NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC NEWM 6172337565 225 SOUTHAMPTON STREET BOSTON MA 02118 SUSAN SULLIVAN PRESIDENT 6172337565 2024-05-14 1 SUSAN SULLIVAN 999009999 0 JOLANTA TUCK CPA P01340068 7813803520 2024-05-10 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUSAN SULLIVAN 225 SOUTHAMPTON STREET BOSTON MA 02118 3563681 0 X NEWMARKETBOSTON.ORG X 2022 MA TO DEVELOP, IMPLEMENT, MANAGE, OPERATE, ENHANCE, AND PROMOTE GENERAL WELFARE OF THE PEOPLE. 24 24 5 24 0 0 261000 579215 743182 2984057 31 409 0 0 1004213 3563681 0 0 0 0 85278 418768 0 0 68390 563430 2609823 648708 3028591 355505 535090 598395 1211088 242890 320493 355505 890595 X THE PURPOSE OF THIS CORPORATION IS TO DEVELOP, IMPLEMENT, MANAGE, OPERATE, ENHANCE AND PROMOTE THE GENERAL WELFARE OF THE PEOPLE WITHIN THE DESIGNATED NEWMARKET BUSINESS IMPROVEMENT DISTRICT, THROUGH ACTIVITIES, PROGRAMS, AND SERVICES TO INCLUDE BUT NOT BE LIMITED TO MARKETING, MAINTENANCE, SECURITY, PLANNING AND PHYSICAL IMPROVEMENTS TO THE DISTRICT ALL BEING SUPPLEMENTAL TO THOSE PROVIDED BY THE CITY OF BOSTON. 0 0 1123968 352500 TRANSIT AND TRANSPORTATION PROGRAMIN JULY, 2022 WE SET A VERY AMBITIOUS GOAL OF HAVING OUR BID SHUTTLE SYSTEM UP AND RUNNING BY THE BEGINNING OF SEPTEMBER, AND THE 3 NEW SHUTTLES WENT ON-LINE ON SEPTEMBER 6TH, THE DAY AFTER LABOR DAY. OUR 1ST SHUTTLE, THE SOUTH BAY SHUTTLE, HAD ALREADY BEEN RUNNING SINCE OCTOBER 2020.EACH SHUTTLE HAS ITS OWN DEFINED ROUTE AND THE SYSTEM IS DESIGNED TO PROVIDE SERVICE TO THE GREATEST AREA OF NEWMARKET POSSIBLE. THE SHUTTLES ARE BROKEN OUT IN THIS WAY:1. THE SOUTH BAY SHUTTLE MAKES A CONTINUOUS LOOP FROM ANDREW STATION ON THE RED LINE TO STOPS IN SOUTH BAY CENTER AND ON MASS. AVE NEAR COLUMBIA ROAD. THIS SHUTTLE RUNS FROM 10:30AM-1AM, 7 DAYS A WEEK.2. THE ALBANY SHUTTLE RUNS A CONTINUOUS LOOP M-F, FROM 6AM-10AM AND FROM 4PM-10 PM BETWEEN THE 610 ALBANY STREET GARAGE AND THE 710 ALBANY STREET GARAGE. THIS SHUTTLE IS PRIMARILY FOR THOSE WORKING OR VISITING THE BMC HOSPITAL, THE BU SCHOOL OF MEDICINE, AND OTHER LOCAL BUSINESSES. 3. THE ANDREWS SHUTTLE PROVIDES A CONTINUOUS LOOP OF SERVICE FROM ANDREWS STATION ON THE RED LINE THROUGH NEWMARKET AND BACK TO ANDREWS STATION FROM 5AM-MIDNIGHT, M-F. THIS SHUTTLE ALSO PROVIDES SERVICE TO THE FAIRMOUNT COMMUTER LINE.4. THE RUGGLES SHUTTLE PROVIDES A CONTINUOUS LOOP OF SERVICE FROM RUGGLES STATION ON THE ORANGE LINE THROUGH NEWMARKET AND BACK TO RUGGLES STATION FROM 5AM-MIDNIGHT, M-F. THIS SHUTTLE ALSO PROVIDES ACCESS TO THE FAIRMOUNT COMMUTER LINE. 763515 47244 BACK2WORK PROGRAMIN 2018, THE NEWMARKET BUSINESS ASSOCIATION, NOW THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT (BID), PROMOTED A WORKFORCE DEVELOPMENT PROGRAM FOR THE HOMELESS TO THE CITY, AND WHILE IT WAS WELL RECEIVED AT THE TIME, BOSTON DID NOT HAVE THE ABILITY TO ASSIST IN FUNDING IT. IN EARLY 2021, NEWMARKET BEGAN FUNDING THE PROGRAM OURSELVES AND FOR THE PAST YEAR AND A HALF, THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT HAS MANAGED THE PROGRAM FOCUSED ON PROVIDING LOW-THRESHOLD SAME-DAY WORK FOR INDIVIDUALS EXPERIENCING SHELTER INSTABILITY, HOMELESSNESS AND/OR A SUBSTANCE USE DISORDER. THIS EFFORT ACKNOWLEDGES THE BARRIERS THAT THESE INDIVIDUALS FACE IN BOTH APPLYING FOR JOBS, AS WELL AS MAINTAINING THEIR EMPLOYMENT, AND CREATES A LOWER BARRIER APPROACH TO SUIT THEIR NEEDS.AS A RESULT OF OUR EARLY SUCCESS, THE BOSTON DEPARTMENT OF PUBLIC HEALTH HAS ASSISTED US WITH FUNDING OVER THE PAST 8 MONTHS WHICH HAS LED TO A SIGNIFICANT EXPANSION OF THE PROGRAM.THROUGH THIS INITIATIVE, THE NEWMARKET BID EMPLOYS HOMELESS AND HOUSING CHALLENGED INDIVIDUALS IN THE MASS AND CASS AREA TO PROVIDE SUPPLEMENTAL SERVICES IN CLEANING AND BEAUTIFYING THE AREA BY PROVIDING DAY JOBS INCLUDING LANDSCAPE BEAUTIFICATION, TRASH REMOVAL, POWER WASHING, GRAFFITI REMOVAL AND SIMILAR.WE WORK IN CLOSE COOPERATION WITH THE MAYOR'S OFFICE, AND RECOVERY, SHELTER & ENGAGEMENT CENTER STAFF TO IDENTIFY/HIRE THOSE INDIVIDUALS THAT HAVE A LIKELIHOOD OF SUCCESS IN THIS PROGRAM. WE BELIEVE THAT WE ARE THE FIRST STEP TOWARD CHANGING THEIR LIVES AND THE SOS PROGRAM PROVIDES THE NEXT STEP IN THE PROCESS. PARTICIPANTS OF THIS PROGRAM ARE REIMBURSED THROUGH CASH STIPENDS AND/OR GIFT CARDS, ALL OF WHICH CAN BE USED FOR WORK CLOTHES, APARTMENT NEEDS, MEDICAL NEEDS, OR ANYTHING ELSE THAT THE PERSON MAY NEED. OF COURSE, AS YOU CAN IMAGINE, THESE STIPENDS ONLY GO SO FAR AND WE MANY TIMES END UP PROVIDING "ADVANCES OR "EXTRA MONEY" FOR NECESSITIES INCLUDING BOOTS, SHOES, GOGGLES, CLEAN CLOTHES, SNACKS ETC.PARTICIPANTS WORK EVERY DAY ALONGSIDE PROGRAM STAFF AND PEER SUPPORT SPECIALISTS, WHO ENGAGE THEM IN PROFESSIONAL DEVELOPMENT ACTIVITIES AND SUPPORT THEIR CONNECTION TO SOCIAL SERVICES, SUCH AS HOUSING SUPPORTS, BENEFITS ACCESS, AND PHYSICAL, MENTAL, AND BEHAVIORAL HEALTH PROVIDERS. IT IS AN IMPORTANT COMPONENT TO THE PROGRAM THAT, WHILE WE DO NOT REQUIRE THAT INDIVIDUALS ARE CLEAN WHEN THEY COME INTO THE PROGRAM, THEY HAVE TO BE WILLING TO WORK TOWARD SOBRIETY/RECOVERY DURING THEIR FIRST SEVERAL WEEKS WORKING WITH US. WE ARE VERY PROUD OF THE FACT THAT THE MAJORITY OF OUR WORKERS ARE CURRENTLY IN RECOVERY/SOBRIETY AND ALL OF THE OTHERS, WHILE NOT THERE YET, ARE IN A MUCH BETTER PLACE THAN THEY WERE PREVIOUSLY. IN ADDITION, IT IS ALSO AN IMPORTANT PART OF THE PROGRAM THAT WE FIND MORE STABLE HOUSING FOR OUR WORKERS AND WHILE THE VAST MAJORITY WERE LIVING IN TENTS OR ON THE STREET, THEY ARE NOW LIVING IN LOW THRESHOLD, SUPPORTIVE HOUSING OR IN SRO'S OR APARTMENTS.THE END GOAL OF THIS INITIATIVE IS TO PROVIDE OUR WORKERS WITH THE OPPORTUNITY TO BE HIRED BY LOCAL COMPANIES IN PART-TIME OR FULL-TIME POSITIONS. WE HAVE PLACED MORE THAN 50 INDIVIDUALS INTO JOBS IN THE PAST YEAR AND EXPECT TO INCREASE THAT NUMBER IN 2024. 759761 SAFETY AND SECURITY PROGRAMA PRIORITY FOR THE BID IS THE SAFETY AND WELLBEING OF ALL THOSE LIVING, WORKING, AND VISITING THE DISTRICT. IN JUNE 2022, NEW ENGLAND SECURITY BECAME OUR PARTNERS AND PROVIDES 24/7 SUPPLEMENTAL SECURITY THROUGHOUT THE AREA.WHILE BOSTON POLICE AND EMS DO A TREMENDOUS JOB IN OUR AREA, OUR SAFETY TEAM PROVIDES ANOTHER SET OF EYES AND "AN ADDED LAYER OF PROTECTION." OUR TEAM IS ABLE TO REDUCE THE NUMBER OF POTENTIAL 911 CALLS BY PROVIDING RAPID RESPONSE IN THE DISTRICT TO A WIDE RANGE OF LOWER-LEVEL INFRACTIONS. ON AVERAGE, 911 CALLS WERE DOWN APPROXIMATELY 13% AND OUR BID SECURITY OFFICERS HAVE DEVELOPED STRONG RELATIONSHIPS WITH THE POLICE, BUSINESS OWNERS AND RESIDENTS AND HAVE EARNED THE RESPECT AND TRUST OF THOSE LIVING ON THE STREETS. 38963 2584313 JOBS INITIATIVE PROGRAMTHE NEWMARKET BUSINESS ASSOCIATION LAUNCHED ITS JOBS INITIATIVE IN EARLY 2020 TO BETTER PIPELINE RESIDENTS IN THE ROXBURY, DORCHESTER, AND MATTAPAN NEIGHBORHOODS, WHICH HAVE AN AVERAGE UNEMPLOYMENT RATE OF 16.8%, INTO WELL-PAYING JOBS IN THE NEWMARKET INDUSTRIAL DISTRICT. EVEN THROUGH THE WORST PERIOD OF THE COVID-19 DRIVEN RECESSION, WE PLACED SEVERAL DOZEN INDIVIDUALS INTO FULL-TIME JOBS. THE WORK OF THE INITIATIVE WAS TRANSFERRED TO THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT IN 2022 AND WE HAVE SUCCESSFULLY PLACED DOZENS OF RESIDENTS INTO EMPLOYMENT SINCE THEN.THE UNEMPLOYMENT RATE IN ROXBURY, DORCHESTER, AND MATTAPAN FOR RESIDENTS OF COLOR IS MANY TIMES THAT OF THE OVERALL CITY. MEANWHILE, OVER 50 OF OUR TOP BUSINESSES ARE EAGER TO HIRE FROM THE SURROUNDING NEIGHBORHOODS AND MANY HAVE DONE SO ALREADY. FOR THESE BUSINESSES, THEIR TOP TWO JOB VACANCIES ARE COMMERCIAL DRIVER'S LICENSES (CDLS) AND ADDITIONAL WORKFORCE CERTIFICATIONS (SUCH AS FORKLIFT, AND HOISTING). THEREFORE, WE BEGAN OFFERING CDL DRIVER TRAINING CLASSES IN 2020 AND, SINCE THEN, WE HAVE TRAINED 32 INDIVIDUALS WHO HAVE GONE ON TO RECEIVE THEIR CDL LICENSES AND ATTAINED EMPLOYMENT. THE JOBS AVAILABLE WITH THESE LICENSES RANGE FROM $22. PER HOUR TO $80,000.+ PER YEAR.EACH GRADUATE WHO OBTAINS THE CDL CLASS B LICENSE IS OFFERED FULL- TIME EMPLOYMENT WITH AT LEAST ONE OF OUR EMPLOYER PARTNERS AT A SALARY STARTING AT A MINIMUM OF $22. PER HOUR.IN ADDITION TO OUR CDL TRAINING CLASSES, WE MAINTAIN A JOBS DATABASE OF APPROX. 50-100 LOCAL JOBS AND WE WORK CLOSELY WITH 15-20 AREA NON-PROFIT ORGANIZATIONS IN THE DORCHESTER, ROXBURY, MATTAPAN AREA WHO PROVIDE US WITH A NUMBER OF LOCAL RESIDENTS LOOKING FOR WORK. WE THEN WORK WITH THESE RESIDENTS TO PAIR THEM WITH THE JOB POSTINGS WE HAVE AVAILABLE AND ASSIST THEM THROUGH THE PROCESS, INCLUDING RESUME WRITING AND CAREER COACHING.STORAGE OF HOMELESS BELONGINGS PROGRAMSINCE EARLY 2022, AT THE REQUEST OF, AND PAID FOR BY, THE CITY OF BOSTON PUBLIC HEALTH DEPARTMENT, THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT (NEWMARKET BID) COLLECTS AND SAFELY STORES PERSONAL BELONGINGS FOR UNSHELTERED INDIVIDUALS FOR UP TO 60 DAYS. THE BELONGINGS ARE STORED IN A STORAGE FACILITY CLOSE TO THE 112 SOUTHAMPTON SHELTER. THE FACILITY IS CLEAN, DRY AND ACCESSIBLE.THE NEWMARKET BID PROVIDES FOR THE TRANSPORTATION OF THESE BELONGINGS TO THE STORAGE FACILITY. THE NEWMARKET BID EMPLOYS A STORAGE MANAGER AND A STORAGE ASSISTANT WHO RESPOND TO REQUESTS FROM BOSTON PUBLIC HEALTH OFFICIALS FOR PICK-UP OF THE BELONGINGS MONDAY-FRIDAY, BETWEEN THE HOURS OF 8AM AND 4PM. ONE OF OUR REPRESENTATIVES IS NORMALLY ON SCENE FOR PICK-UP WITHIN 1/2 HOUR/HOUR OF BEING REQUESTED BY THE DEPARTMENT OF PUBLIC HEALTH.THE COLLECTION OF PERSONAL BELONGINGS IS LIMITED ROUGHLY TO 2-3 (50 GALLON) STORAGE BUCKETS AND/OR LIMITED ADDITIONAL OTHER CLOSED CONTAINERS AS REQUESTED BY THE DEPARTMENT OF PUBLIC HEALTH. STORAGE MAY ALSO INCLUDE BICYCLES AND OTHER SIMILAR ITEMS AS REQUESTED.THE OWNERS OF THE PERSONAL BELONGINGS PACKS THE ITEMS FOR STORAGE AND THE STORAGE MANAGER SIGNS FOR THOSE ITEMS ONCE COLLECTED. NO ITEMS OF SIGNIFICANT VALUE CAN BE STORED AND THIS IS STIPULATED ON THE SIGNED AGREEMENT.THE NEWMARKET BID MAKES THE BELONGINGS AVAILABLE FOR RETRIEVAL BETWEEN 9AM AND 1PM, MONDAY THROUGH FRIDAY, EXCEPT ON HOLIDAYS OR DURING SIMILAR TIMING AS AGREED UPON WITH THE CITY OF BOSTON DEPT. OF PUBLIC HEALTH. THOSE INDIVIDUALS WHOSE BELONGINGS ARE IN STORAGE CAN REACH OUT TO AN OUTREACH WORKER AT THE 112 SHELTER OR THE ATKINSON STREET ENGAGEMENT CENTER TO REQUEST RETRIEVAL. THE DESIGNATED PERSON THEN CONTACTS THE STORAGE MANAGER EMPLOYED BY THE NEWMARKET BID AND THE BELONGINGS ARE RETURNED TO THEIR OWNER WITHIN ONE HALF HOUR. THE INDIVIDUALS CAN ALSO CALL THE BID OFFICE DIRECTLY IN ORDER TO REQUEST RETRIEVAL.THE NEWMARKET BID PROVIDES REGULAR REPORTS, AS REQUESTED, TO THE DEPARTMENT OF PUBLIC HEALTH THAT CONTAIN UP-TO-DATE DATA INDICATING THE OWNERS' NAMES, BELONGING DETAILS AND STORAGE DETAILS CURRENTLY IN STORAGE UNDER THIS PROGRAM. THE REPORTS ALSO INDICATE THE NAMES AND BELONGING DETAILS OF EACH INDIVIDUAL WHO RETRIEVED THEIR BELONGINGS. AT THE END OF THE 60 DAY STORAGE PERIOD OF AN INDIVIDUAL'S BELONGINGS, OR ANY TIME AFTER THAT DATE, THE NEWMARKET BID IS FREE TO DISPOSE OF THOSE BELONGINGS AFTER NOTIFYING THE BOSTON DEPARTMENT OF PUBLIC HEALTH OF THEIR INTENT TO DO SO. GENERALLY, EVERY EFFORT IS MADE TO CONTACT THE INDIVIDUAL BEFORE ANY DISPOSAL IS INITIATED.BID ASSESSMENTSASSESSMENTS COLLECTED FROM PROPERTY OWNERS WITHIN THE DISTRICT.ADVOCACY PROGRAMTHE PRIMARY GOAL OF THE BID ADVOCACY PROGRAM IS TO:-PROVIDE ADVOCACY TO SUPPORT THE DEVELOPMENT GOALS OF THE DISTRICT AND MAINTAIN NEWMARKET AS THE JOBS CENTER OF THE CITY. -PROVIDE A VOICE FOR DISTRICT STAKEHOLDERS ON ISSUES IMPACTING THE NEWMARKET AREA. -PROMOTE BUSINESS AND RESIDENTIAL ACTIVITIES. -REACH OUT TO ELECTED OFFICIALS AND DECISION-MAKERS TO ADVOCATE FOR A BETTER QUALITY OF LIFE FOR THE STAKEHOLDERS OF THE DISTRICT.-WORK AS THE PRIMARY ADVOCATE AND VOICE OF ITS MEMBERSHIP FOR THE BETTERMENT OF THE NEWMARKET DISTRICT.-IMPROVE THE QUALITY OF LIFE OF ALL WHO LIVE, WORK, AND VISIT THE NEWMARKET DISTRICT. 38963 2584313 2686207 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X SUSAN SULLIVAN 6172337565 225 SOUTHAMPTON STREET BOSTON MA 02118 SUE SULLIVAN PRESIDENT/CLERK 40.00 X 115385 0 0 MICHAEL ROTHSCHILD CHAIR 5.00 X X 0 0 0 VALEDA BRITTON VICE CHAIR 5.00 X X 0 0 0 JOHN MARSTON TREASURER 5.00 X X 0 0 0 FRANK BAKER DIRECTOR 2.00 X 0 0 0 BOB BIGGIO DIRECTOR 2.00 X 0 0 0 NICOLE BOWDEN DIRECTOR 2.00 X 0 0 0 JOEY CUZZI DIRECTOR 2.00 X 0 0 0 GERRY DIPIERRO DIRECTOR 2.00 X 0 0 0 LINDA DORCENA FORRY DIRECTOR 2.00 X 0 0 0 SYDNEY DURAND DIRECTOR 2.00 X 0 0 0 MICHAEL FELDMAN DIRECTOR 2.00 X X 0 0 0 RICH FULLAM DIRECTOR 2.00 X 0 0 0 ANDREW GRACE DIRECTOR 2.00 X 0 0 0 ZACH HAROUTUNIAN DIRECTOR 2.00 X 0 0 0 RAY HENNINGSON DIRECTOR 2.00 X 0 0 0 PAUL HOLLAND DIRECTOR 2.00 X 0 0 0 JEFF PRANSKY DIRECTOR 2.00 X 0 0 0 SARITIN RIZZUTO DIRECTOR 2.00 X 0 0 0 WADE SARRAF DIRECTOR 2.00 X 0 0 0 BETH SCHERER DIRECTOR 2.00 X 0 0 0 MANOJ SHINDE DIRECTOR 2.00 X 0 0 0 MARLA SMITH DIRECTOR 2.00 X 0 0 0 CAROL TIENKEN DIRECTOR 2.00 X 0 0 0 STAN WALCZAK DIRECTOR 2.00 X 0 0 0 115385 0 0 1 0 0 0 0 496571 82644 7088 579215 ASSESSMENTS 900099 2584313 2584313 SHUTTLE SERVICE REVENU 900099 352500 352500 CONTRACTED SERVICES 900099 47244 47244 2984057 409 409 3563681 2984057 0 409 158080 47424 79040 31616 220809 178269 28686 13854 9057 5395 2575 1087 30822 18360 8763 3699 6674 6674 19730 19730 57349 2085 55264 3737 769 2968 46009 37221 8788 6378 6378 51038 27358 23680 383 383 3854 3854 7714 7714 PROGRAM EXPENSES 1700171 1693473 6698 SECURITY 706786 706786 3028591 2686207 273994 68390 340693 253999 5 5 328700 68681 506952 181606 113431 7410 8001 598395 1211088 122814 273592 46901 46901 73175 0 242890 320493 X 355505 890595 355505 890595 598395 1211088 535090 0 X 0 0 0 X 261000 579215 840215 518182 2584313 3102495 779182 3163528 3942710 3942710 31 409 440 3943150 624744 X PART III, SHORT YEAR EXPLANATION THE ORGANIZATION BEGAN OPERATIONS IN JANUARY 2022 AND FILED A SHORT PERIOD RETURN. AS A RESULT, THE AMOUNTS PRESENTED IN SCHEDULE A, PART II ARE FOR THE FOLLOWING PERIODS: 2022 COLUMN = 7/1/22 THROUGH 6/30/23 2021 COLUMN = SHORT PERIOD 1/1/22 THROUGH 6/30/22 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS FOR THE QUALIFICATIONS OF ITS BOARD MEMBERS. ALL DIRECTORS MUST BE IN GOOD STANDING AT THE TIME OF THEIR ELECTION OR WITHIN 3 MONTHS THEREOF. A MEMBER IN GOOD STANDING IS DEFINED AS A MEMBER WHO IS NOT IN ARREARS IN BID ASSESSMENT PAYMENTS AND/OR HAS BEEN GRANTED A HARDSHIP WAIVER OF ALL OUTSTANDING ASSESSMENTS BY THE FINANCE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION SHALL BE REAL PROPERTY OWNERS WHO OWN PROPERTY IN THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT, INC. PROPERTY OWNERSHIP SHALL BE DETERMINED BASED UPON THE RECORDS OF THE CITY OF BOSTON ASSESSOR'S OFFICE AND THE BOSTON DISTRICT REGISTRY OF DEEDS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS (PROPERTY OWNERS) HOLD AN ANNUAL MEETING FOR THE PURPOSES OF ELECTING DIRECTORS AND SUCH OTHER MATTERS WHICH SHALL BE SUBJECT TO THE APPROVAL OF THE PROPERTY OWNERS. FORM 990, PART VI, SECTION B, LINE 11B IRS FORM 990 WAS REVIEWED AND APPROVED BY THE BOARD PRESIDENT WITH THE PREPARER, AND PROVIDED TO THE BOARD ELECTRONICALLY PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, IMMEDIATELY AFTER ELECTIONS OF NEW OFFICERS/DIRECTORS, THE CONFLICT OF INTEREST POLICY IS DISSEMINATED TO ALL BOARD MEMBERS AND THERE WILL BE DISCUSSION OF THE DETAILS OF THIS POLICY AT THE NEXT BOARD MEETING IMMEDIATELY FOLLOWING. IT IS THE RESPONSIBILITY OF THE EXECUTIVE DIRECTOR TO EVALUATE ALL TRANSACTIONS, CONTRACTS AND UPCOMING BOARD VOTES TO DETERMINE IF THERE IS ANY CONFLICT OF INTEREST AS OUTLINED IN THE CONFLICT-OF-INTEREST POLICY. IF THERE IS ANY QUESTION AS TO WHETHER CONFLICT EXISTS, THE EXECUTIVE DIRECTOR WILL DISCUSS THE QUESTION WITH THE EXECUTIVE COMMITTEE OF THE BOARD AND IF NECESSARY WILL SEEK THE ADVICE OF COUNSEL. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD AND THE EXECUTIVE DIRECTOR WILL FOLLOW THE PROCEDURES OUTLINED IN THE CONFLICT OF INTEREST POLICY IN ORDER TO REMOVE ANY CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE EXECUTIVE COMMITTEE. AS PART OF THIS REVIEW, THE EXECUTIVE DIRECTOR SUBMITS A PERSONAL ASSESSMENT, A SUMMARY OF THE ACCOMPLISHMENTS OF THE ORGANIZATION IN THE PREVIOUS YEAR, AND A SUMMARY OF GOALS FOR THE UPCOMING YEAR. THE COMMITTEE ALSO LOOKS FOR AND UTILIZES ANY AVAILABLE COMPARABILITY DATA. UPON THAT REVIEW, THE EXECUTIVE COMMITTEE VOTES AND A RECOMMENDATION IS MADE TO THE FINANCE COMMITTEE AND THE FINANCE COMMITTEE VOTES TO APPROVE THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST.