Onpoint Technologies Inc

“Jason rottenberg and adam goobic - business relationship.”

“The organization has engaged a management company, arsenal venture partners, inc. The management agreement provides, among other things, that the management company administer the day-to-day operations of the organization, serve as an advisor and consultant in connection with policy decisions made by the governing body of the organization and perform all administrative and managerial functions of the organization.”

“Trustees in the alpha class of the board of trustees are subject to approval by the united states army communications electronics command (cecom) upon election by majority vote of the then serving alpha class trustees. The remaining trustees are considered the beta class, which is subject to appointment by the management company, arsenal venture partners, inc.”

“Certain decisions made by the governing body are subject to approval by the united states army communications electronics command and the management company.”

“Form 990 will be reviewed internally by one officer and one trustee as designated by the governing body. Thereafter, form 990 will be reviewed by the entire governing body before the return is filed.”

“The conflict of interest policy is regularly and consistently monitored and enforced. Compliance with the policy is monitored and documented via regular discussions and disclosures among the trustees and the officers.”

“For determination of compensation and benefit payments to any officers or trustees, the organization engages an independent third-party professional consulting firm to perform a compensation study. Compensation of the officers or trustees is set based on the recommendations resulting from the study.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Transfer of net assets -75,401.”

“The governing body is responsibile for the selection, monitoring and evaluation of an independent audit firm and oversight of its financial statements. There was no change in the process from the prior year.”