Nysarc Inc.

“Nysarc, inc. Is a unitary corporation consisting of its 54 chapters. The corporation and chapter's governing body is the board of governors representing the individual membership in each chapter's jurisdiction. Each chapter has from 1-6 governors based on membership. The corporation through its bylaws delegates day-to-day operating authority to the chapters' board of directors. The executive committee of the board of governors (see part vi, line 7a below) comprises the corporation's elected officers and exercises all powers of the board of governors between plenary meetings of the governors.”

“The delegate assembly, which represents nysarc's 100,000 members, elects the corporation president, secretary, treasurer and assistant treasurer to 1-year terms. Delegates elect regional vice presidents to 1-year terms from their respective regions. The board of governors elects one senior vice-president.”

“Chapter bylaw amendments are subject to board of governor approval. Any action of the board of governors may be reviewed at the succeeding delegate assembly. No action of the governors that affects the irrevocable rights of third parties may be rescinded. Corporate bylaw amendments are subject to approval by a majority of chapters.”

“The board of governors does not review chapters' form 990s before they are filed. Each chapter submits a copy of its form 990 to the corporation's board of governors when the form is filed by the chapter. Nysarc's 990 is reviewed by members of the executive committee and copies are available upon request.”

“Compliance with the conflict of interest policy is monitored by the audit committee.”

“Annual budget is reviewed and recommended by budget and finance committee, then submitted to board of governors. All executive staff salaries are listed and approved by full board.”

“BY WRITTEN REQUEST.”

“The audit committee is responsible for the selection and oversight of the auditors. This process has not changed from the prior year.”