Bionj Inc

“The operations of bionj, inc. Are administered by association associates, inc. (aai), as directed by the board of trustees. Aai is a professional association management organization, whose principal director also serves as president of bionj, inc.”

“All members of bionj, inc. Shall be entitled to attend and participate in membership meetings. Each core member shall have the right to vote on the election of directors, but shall have no other voting rights except on matters brought to membership brought by the board.”

“The form 990 is prepared by an outside accouting firm. The 990 is then reviewed by the audit committee and sent to the board electronically prior to filing.”

“Documents are available upon request”

“The operations of bionj, inc. Are administered by association associates, inc. (aai), as directed by the board of trustees. Aai is a professional association management organization, whose principal director also serves as president of bionj, inc.”

“All members of bionj, inc. Shall be entitled to attend and participate in membership meetings. Each core member shall have the right to vote on the election of directors, but shall have no other voting rights except on matters brought to membership by the board.”

“The form 990 is prepared by an outside accounting firm. The 990 is then reviewed by the audit committee and sent to the board electronically prior to filing.”

“At the beginning of each year, the conflict of interest statement is provided to all board members. They review and sign and the statement is returned to the president who reviews and identifies potential conflicts. If any conflicts exist, the affected individual is excused from voting on the matter.”

“Documents are available upon request.”

“Contracted management services: program service expenses 0. Management and general expenses 464,625. Fundraising expenses 0. Total expenses 464,625. Talent services: program service expenses 0. Management and general expenses 114,108. Fundraising expenses 0. Total expenses 114,108. Hr oversight: program service expenses 0. Management and general expenses 55,000. Fundraising expenses 0. Total expenses 55,000. Public affairs/communications: program service expenses 0. Management and general expenses 30,458. Fundraising expenses 0. Total expenses 30,458. Legislative consultant: program service expenses 0. Management and general expenses 65,993. Fundraising expenses 0. Total expenses 65,993.”

“Bionj, inc. Has an audit committee that assumes oversight of the audit and selection of the independent auditor.”

“Bionj, inc. Launched the entrepreneurial fellowship program in 2018. The program was created to mentor, develop and train life sciences would-be entrepreneurs in nj with the hope that candidates will return to nj to open their own research organizations and/or drug companies in the future or retain their talent in nj companies. Candidates rotate between multiple companies for a term of six-months.”