Wildlands Conservancy Inc.

“Wildlands conservancys management will meet with the auditors and fill out the form 990. The form 990 will be electronically distributed to the entire board for individual board members to have an opportunity to review and comment, prior to approval by the executive committee and the irs submittal deadline. In years when the schedule of the full board meetings allows full board review before the filing deadline, the audit and form 990 will both be reviewed and approved at a regular board meeting. In years when, because of the schedule of full board meetings, it is not feasible for the entire board to review and approve the final form 990 at a meeting before the deadline for the form 990 to be filed, the president of the organization will convene the executive committee to review and approve the form 990, and the full board will be advised of the executive committees action and its comments and revisions, if any. The form 990 is submitted prior to the irs deadline and the final form 990 is shared with the entire board.”

“The organization requires the conflict of interest statement to be attested to annually. If a conflict of interest is stated, then it is brought to the attention of the board chair and handled in an appropriate fashion.”

“The compensation of the president of wildlands conservancy is subject to approval of the board of directors. A committee of the board was formed to evaluate and make recommendations to the board on compensation issues. The compensation committee is responsible for developing an overall philosophy for compensation and may seek advisement and counsel from professionals with expertise in compensation arrangements for u.s. Tax exempt organizations. The commmittee will annually review all elements of officer compensation and recommend documentation and approval by the full board in a manner that is designed to qualify for the rebuttable presumption of reasonableness under applicable laws and regulations. The committee, at least annually, obtains, reviews, and assimilates comparable compensation data with respect to officer-level compensation policies for exempt organizations comparable in size, geographic location and other relevant factors. Such comparative data is shared with and discussed by the board.”

“The organization's 990 is available upon request and is also available at the guidestar website. The 1023 is available on request.”

“The audited financial statements are available to the public upon request. At this time, the governing documents and conflict of interest policy have not been made available to the public.”

“Professional services: program service expenses 740,055. Management and general expenses 17,550. Fundraising expenses 18,911. Total expenses 776,516.”

“The organization has an audit committee to assume responsibility for oversight of the audit and selection of an independent accountant. The process has not changed from that of the prior year.”