Ujima Company Inc

“Form 990 and the related schedules and attachments, in draft form, were provided to all the members of the corporation's board of directors in advance of filing. Directors were asked to review the form and to contact the chairman if the corporation's finance committee with any questions or comments they had.”

“The corporation has adopted a conflict of interest policy (the "policy") that meets the statutory requirements of section 715-a of the new york not-for-corporation law. Under the policy, each officer, director, and key employee of the corporation is required to provide to the corporation's governance committee, on an annual basis, a conflict of interest disclosure statement identifying any related party transaction, as defined in the statute, of which he or she is aware. In addition, each officer, director, and key employee of the corporation is required to report to the governance committee, in a timely manner, any contemplated transaction which, if entered, would constitute a related party transaction. Under the policy, the governance committee is required to investigate any matter referred to it, whether through the annual disclosure process or otherwise, to determine the appropriate disposition of the matter, applying the statutory standard as to whether the transaction or the contemplated transaction is fair and reasonable and in the best interests of the corporation, and to report its findings and its recommendation to the board for appropriate action. In doing so, the governance committee is directed to undertake such due diligence as is necessary to make its recommendation. Additionally, the governance committee is required to memorialize the review process.”

“The compensation of the management team is determined by the board through the budget process. The salary line on the budget is a composite of the salaries of the staff, the components of which are known to the board through the approval process.”

“N/a - the officers do not receive compensation, and there are no 'key employees' as defined in the instructions of the form 990”

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