Scenic Hudson Inc.

“The organization's 990 is reviewed by the audit committee and discussed with the full board at the annual meeting before the return is filed. Printed copies of the 990 are distributed to the full board in preparation of the annual meeting. Copies of the 990 are available on the organization's board extra-net and on the organization's website (www.scenichudson.org).”

“Board members and all staff are required to annually review and sign the organization's conflict of interest policy. Board members who may have any real or perceived conflicts of interest abstain from discussion and voting. Conflicts of interest involving staff situations which may arise (real or perceived) are reviewed by the board of directors. Issues involving executives are reviewed by the executive committee or full board and/or legal counsel.”

“Executive compensation is determined by the executive compensation committee in consultation with the board of directors. This committee engages a third party compensation consultant who provides a market analysis with recommendations. The committee also incorporates first hand research data on comparable organizations in scenic hudson's geographic area in their recommendations.”

“Copies of the 990 are available on the organization's board extra-net and on the organization's website www.scenichudson.org. The following corporate governance documents are available to the public on the organization's website (http://www.scenichudson.org/about/financials): * form 1023 * form 990 * audited financial statements * certificate of incorporation * corporate by-laws * whistleblower policy * conflict of interest policy”

“Activities that occur in the scenic hudson land trust, a supporting organization of scenic hudson, directly impact the expenses of scenic hudson. Such activities include the purchase of conservation easements and land in fee title. With this in mind, the most relevant calculation of the program expense ratio of scenic hudson and the scenic hudson land trust is to consider these expenses on a consolidated basis. On a consolidated basis, the program expense ratio for scenic hudson and the scenic hudson land trust was 83.2% and 82.6%, respectively, for the fiscal years ended june 30, 2017 and 2016.”

“Change in value of split interest agreements -2,076.”

“The process of overseeing the audit and selection of independent accountant has not been changed from the prior year. The independent auditors are appointed by the board based on the recommendation of the audit committee.”