Kansas Bioscience Organization Inc

“The organization has multiple primary classes of membership: industry, associate, academic, non-profit, and government. The board of directors is made up with members of each of these groups. All voting rights are reserved to those members who sit on the board.”

“The governing body as a unit has the authority to add members.”

“The affairs of the organization are managed by a board of directors. The board appoints the president of the organization.”

“The 990 is shared and reviewed with the full board of directors. The board votes to approve the 990 before it is signed and submitted.”

“Annually, the governing board members affirm their agreement and compliance with the conflict of resolution policy. During the year, the board members make the governing board aware of a potential conflict at the quarterly meetings. The board will then implement the policy to determine the proper method to handle a conflict of interest.”

“The process includes all of these elements (1) review and approval by the board of directors or compensation committee of the organization, (2) use of data as to comparable compensation, and (3) contempraneous documentation and recordkeeping.”

“If a written request is received, the information is mailed to the person requesting it. If someone comes to the office, the information is available for them to read and/or delivered to the requesting person by mail or electronically.”

“Alf botchway was the chair of the board through january 2019. At that time he stepped down from the board and became the interim ceo. Alf acted as the ceo from february 2019 through part of august 2019. During the time alf sat as interim ceo, he did not participate in board activities or decisions. Once sonia hall replaced alf as the ceo, alf reassumed his position as chair until karthik was voted in as chair in december 2019. The compensation reported on part vii was not for board services but for his time as interim ceo. The hours reflected for alf botchway are the average hours per week spent as the chair on the board of directors. As a the interim ceo his hours averaged 40 hours a week.”

“Contractors: program service expenses 30,227. Management and general expenses 35,063. Fundraising expenses 0. Total expenses 65,290. Professional fees: program service expenses 2,590. Management and general expenses 17,333. Fundraising expenses 0. Total expenses 19,923.”