The Quilt Inc

“Per organizational bylaws the Board delegates The Quilt's Executive Committee to act on its behalf during the year. Composition of the Executive Committee is comprised of elected directors of the Board. The President and CEO serves as an ex-officio member of the Executive Committee.”

“The Quilt's Finance Committee, chaired by the Treasurer, is responsible for the review and approval of Form 990. All members of the Board receive a copy of the final version of the Form 990 prior to it being filed.”

“Officers and Directors are required to disclose any potential conflicts of interest. The Quilt Executive Committee which consists of Officers and Elected Directors monitors compliance with the conflict of interest policy.”

“Pursuant to the organization's Executive Compensation Policy, compensation for the President & CEO was compared to and found to be consistent with similar positions in R&E Networking Organizations. The Quilt Executive Committee, acting on behalf of the board per organizational bylaws, approved the current compensation and employment contract for the President & CEO. This process is reviewed annually by the Executive Committee per the Executive Compensation Policy.”

“Governing documents, conflict of interest and financial information for the organization are available to members upon request, these documents may be made available to the public after organizational approval of the request.”

“The Quilt is a consortium of advanced non-profit US research and education networks that promotes the broadest possible delivery of advanced networking services.”

“The Quilt, Inc. was formed and is operated to advance research and education in the United States by (a) providing a broad range of advanced networking services to the Quilt's research and education communities, including network engineering, management, and operation, regional connectivity and exchange, promotion and coordination of regional activities, and (b) facilitating innovative and successful projects and productive working relationships in connection with such networking services. All of the Quilt's members are universities, research institutions and other section 501(c)(3) organizations.”

“Contract and consulting services: Program service expenses 75,991. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,991. Payroll Processing fees: Program service expenses 0. Management and general expenses 70. Fundraising expenses 0. Total expenses 70.”