Manufacturers Resource Center

“Lehigh University, as the sole member of the corporation, may elect or reject nominees to the Board of Directors or remove Directors from the Board.”

“Lehigh University, as the sole member of the corporation, may elect or reject nominees to the Board of Directors or remove Directors from the Board; must approve purchases or sales of real assets or borrowings in excess of $50,000; and must approve the accounting firm to perform the financial audits.”

“Ann Bieber, President, Lehigh Carbon Community College, 4525 Education Park Drive, Schnecksville, PA 18078; Rex Boland, Vice President, B. Braun Medical, Inc. HQ, 2301 Highland Ave., Bethlehem, PA 18020; Ron Bracalente President, Bracalente Manufacturing Group, P O Box 570, 20 W. Creamery Road, Trumbauersville, PA 18970; Richard Bus, President, ATAS International, Inc., 6612 Snowdrift Road, Allentown, PA 18106-9352; Ettore Coringrato, Former President & CEO, Cyoptics, Inc., 9999 Hamilton Boulevard, Breinigsville, PA 18031-9304; John Coulter, Associate Dean for Research & Operations, P.C. Rossin College of Engineering & Applied Science, Lehigh University, Packard Lab, 19 Memorial Drive West Bethlehem, PA 18015; Christopher Gaylo, Director, Center for Advanced Technology, Northampton Community College, 3835 Green Pond Road Bethlehem, PA 18020; John Gregor, Vice President, Packaging Horizons Corporation, One Danforth Drive, Easton, PA 18045-7821; Clyde Hornberger Ed.D., Educational Consultant, 872 Fountain Street, Ashland, PA 17921; Patricia Johnson, VP of Finance & Administration, Lehigh University, 27 Memorial Drive, West, Bethlehem, PA 18015; Daniel Loikits, President Loikits Industrial Services, 3241 Levans Road, Coplay, PA 18037-1200; Jamey Maack, President, Industrial Metal Plating, 153 Wagner Lane Reading, PA 19601; Gretchen Mohen, CEO, Lehigh Valley Plastics, 187 N. Commerce Way, Bethlehem, PA 18017; Jack Peters, President, J. R. Peters Inc., 6656 Grant Way, Allentown, PA 18106-9316; John Quarmley, General Manager, Highwood, 87 Tide Road, Tamaqua, PA 18252; Werner Reinartz President & CEO, Reynolds & Reynolds Electronics, Inc., P.O. Box 1710 Bethlehem, PA 18106; Edith Ritter, Executive Director Emeritus Manufacturers Resource Center, 2746 Forest Drive, Coopersburg, PA 18036; Frank Wendt, Director, Bitronics, 1720 Molasses Way, Quakertown, PA 18951-3360; Vykie Whipple, Chief Financial Officer, Brey-Krause Manufacturing, 1209 West Lehigh Street, Bethlehem, PA 18018-4839; Bill Wydra, Jr., Ashland Technologies, Inc., 218 Dell Road, Hegins, PA 17938; Byron L. Zerphy, President, Solar Technology, Inc., 7620 Cetronia Road Allentown, PA 18106”

“MRC's CFO/Treasurer is responsible for the accurate and timely completion and submission of the 990 tax return annually. Prior to filing, the completed forms are sent to the Executive and/or Finance Committee for review and are made available to the full Board prior to submittal. Copies of the filed returns will be retained and made available to the public upon request as required by law.”

“Each officer, director or key employee will report any conflicts of interest to the CFO or Board Chairman, as soon as practical after they become aware of such a conflict. They must also annually complete the form 990 Tax Questionnaire in addition to completing the Conflict of Interest and Financial Disclosure forms required by the state. MRC monitors compliance with its Conflict of Interest policy by reviewing the annual Questionnaires and providing a summary highlighting potential conflicts of interest to the Executive Committee to determine whether further action is required. If conflicts exist, the Executive Committee will recommend to the Board the corrective measures, if any, to be taken to resolve the conflict or will impose appropriate restrictions on the persons with the conflict. The Board of Directors, excluding such conflicted persons, will have final approval of any recommended corrective measures or imposed restrictions. Such restrictions will require excluding conflicted persons from discussion and approval of transactions benefitting them, directly or indirectly.”

“The Executive Committee of the Board acts as MRC's compensation committee. They annually review and approve the overall merit pool, any one-time salary adjustments and changes to the structure of the Performance Incentive Plan. Periodically, an outside compensation expert will be retained to review compensation levels and policies to insure that MRC's compensation remains fair, reasonable and not excessive. The Executive Committee also annually determines the total compensation, including benefits and other forms of compensation, for all officers and key employees and conducts an annual performance review for the President/CEO. Compensation for officers and key employees will be reviewed based upon comparable data and must be approved in advance by the Executive Committee. The deliberations and decisions on compensation will be contemporaneously documented in the minutes. The individuals covered by this policy are Jack Pfunder, President/CEO and Nancee Noderer, CFO /Treasurer.”

“Documents are available for review at MRC's main office upon request.”

“Lehigh university is the common pay agent for mrc. Form 990, part v, line 1b lehigh university is the common pay agent for mrc. Form 990, part v, line 1c mrc contracts with lehigh university to process its checks, including tax withholding and reporting for reportable payments. Form 990, part v, line 2a lehigh university is the common pay agent for mrc and provides wage and tax reporting for mrc employees.”

“Other changes in net assets non-operating post retirement plan adjustment: $13,000”

“Description:consultants for client service total fees:267773”

“Description:professional services total fees:488506”