Rome Industrial Development Corporation

“The corporation is engaged in a staff services contract with economic development growth enterprises corporation.”

“Article ii, section 1: the members of the corporation shall be identical and co-extensive with, and consist of, those persons who are the directors of the corporation. Any person appointed or elected as a director of the corporation shall thereby become a member of the corporation; such membership shall continue during the period that such person is a duly qualified and acting director, and shall terminate when such person ceases to be a director. Without limiting the generality of the foregoing, any director who dies, resigns, fails of re-election to the board, or for any other reason ceases to be a member of the board, shall thereby cease to be a member of the corporation.”

“By laws article iv section 1: the annual meeting of the members of the corporation for the election of directors and the transaction of general business shall be held during the month of april.”

“The board of directors will review the form 990 and then approve the submission of the form.”

“Each director, officer, member of a committee with board-delegated powers and key employee shall annually submit to the recording secretary of ridc a written conflict of interest disclosure statement which identifies to the best of his or her knowledge any conflict of interest and affirms that he or she has received a copy of the policy, has read and understood the policy, and agrees to comply with the policy. Any conflicts are documented, kept on file, and reviewed by the audit committee on an as needed basis.”

“The corporation's information is made available to the public upon request.”

“Edge fees: program service expenses 108,000. Management and general expenses 12,000. Fundraising expenses 0. Total expenses 120,000.”

“The process has not changed from prior year”