The Canonsburg Corporation places the utmost priority on integrity and transparency. We are committed to conducting our affairs and activities with the highest level of ethical standards.
The corporation also recognizes the need to operate and act in ways that are beyond reproach and fully meet the standards placed on 501(c)7 organizations as established by the IRS.
The financial and investment operations of the Canonsburg Corporation are under the direct oversight of the organization’s Board of Trustees, which has delegated specific responsibilities to committees. The corporation’s Investment Committee oversees our investment managers, reviews performance and monitors market conditions to ensure long-term growth and to guarantee the income to meet the corporation’s operational needs. Canonsburg’s Loan Committee oversees the evaluation process of loan applications made by house corporations.
The Canonsburg Corporation’s financial statements are audited by an independent audit firm in accordance with auditing standards generally accepted in the United States.
The information provided will give perspective on the fiscal standing of the Canonsburg Corporation. Should you have any questions, please email info@canonsburg.org.