Nercomp Inc.

“Members shall be not less than three and shall be state or municipal institutions of higher education or nonprofit corporations organized for educational, scientific or charitable purposes.”

“Each member (Institutions who pay dues) names a representative who is allowed to vote on the selection of board members.”

“The Bylaws may be amended by majority vote of the Board at any annual or special meeting. Any amendments by the Board are subject to approval by majority vote of the Members at any annual or special meeting.”

“The form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the Form 990 has been prepared, and is ready to be filed with the Internal Revenue Service, it is electronically sent to the board members of the organization for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

“Each member of the board and staff submit a written survey form annually, disclosing his or her real, potential or perceived conflicts of interest. Such members shall also make interim written disclosure of any such conflicts they become aware of during the year. Individuals having conflicts of interest shall abstain from discussion of matters relating to the conflict at board or staff meetings and shall not use their personal influence in any decision regarding the matters relating to the conflict. The minutes of any such meeting shall reflect the disclosure that was made and the abstention from discussion.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request by contacting the organization.”

“The organization has a finance committee and governance committee that assume the responsibility for oversight of the audit and selection of an independent accountant.”