Penquis C a P Inc.

“A draft of the Form 990 is presented to the Finance Committee by the Chief Financial Officer. The Committee as designated by the Penquis Board of Directors approves the filing of the tax return.”

“No person shall be at once an employee of the corporation and a member of the Board of Directors or one of its Steering Committees. No person may serve as a member of the Board of Directors while that person's husband, wife, child, sibling or parent is an employee of the corporation. Members of the Board of Directors may not apply for employment with the corporation, its subsidiaries or delegates. Board of Directors and Steering Committee members may not directly or indirectly solicit or accept gratuities of a monetary value from any recipient of the corporation's services or from any organization with which the corporation has a contractual relationship. Board of Directors and Steering Committee members may not have a financial conflict of interest with the agency. Board of Directors and Steering Committee members may not receive compensation for serving on the Board of Directors or Steering Committee. Board of Directors members shall operate as an entity independent of staff employed by the agency. Penquis also has a specific Conflict of Interest Policy which further defines the corporate policy and related practices. Board members and the Executive Leadership Team are required to sign a Conflict of Interest Policy yearly at the organization's annual meeting. Furthermore, at the beginning of each board meeting agenda items are reviewed for possible conflicts with members. If a conflict arises, the member is asked to step out of the room for the discussion and voting period on that item.”

“An independent compensation survey is completed by the organization every three years for non-Executive Leadership Team employees. A fair market analysis is done yearly for Executive Leadership Team employees and adjusted as necessary to reflect current market conditions.”

“Governing documents, policies, and financial statements are made available to the public upon written request. The documents are copied and mailed to the requestor as soon as they are available. Notification of monthly board of directors meetings are placed in the local newspaper. The public is invited to attend the meetings. A portion of the monthly board meeting is dedicated to public comments.”

“Section 1.263(a)-3(n) Election: Penquis C.A.P., Inc. P.O. Box 1162 Bangor, ME 04402-1162 EIN: 01-6023748 Penquis C.A.P., Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”