Commonwealth Research Institute

“CRI prepares its annual Form 990 internally and utilizes external legal counsel and independent tax advisors to perform reviews. CRI's Form 990 is distributed to all Board of Director members prior to its due date. Each member is requested to review the return in detail, ask questions regarding any data contained in the return and formally acknowledge their acceptance and approval of the return and its contents prior to the return being filed.”

“Under the coordination of its related organization, Concurrent Technologies Corporation (CTC), CRI employs a formal internal electronic portal that requires key staff to properly disclose any interest or financial holding. This information is reviewed by the CTC Ethics Officer to determine if potential or actual conflicts of interest exist. CTC's Ethics Officer is responsible for seeing that compliance with the electronic reporting system is enforced and that each conflict statement is updated annually. When conflicts of interest are identified, they are adjudicated by the Ethics Officer and an assessment is provided to CTC's President & CEO, the Chairman of CTC's and CRI's Board, and each Board of Director member.”

“CRI makes all of its governing documents, conflict of interest policies and its annual Form 990 available to the public upon request. Requests may be made in writing, via telephone or in person to CRI's President/Director.”

“Commonwealth Research Institute (CRI) is a national resource committed to assisting government achieve world-class competitiveness. CRI partners with leading research institutions, government agencies and other public interest organizations to identify, develop, analyze, and apply appropriate technical solutions.”

“Commonwealth Research Institute (CRI) was an inactive organization during fiscal year ending June 30, 2014. As such, no program services were performed that would have generated revenues for the fiscal year.”

“Commonwealth Research Institute (CRI) was an inactive organization during fiscal year ending June 30, 2014. However, during the year certain overhead costs were still incurred such as the lease of office space and other incidental expenses.”

“Commonwealth Research Institute (CRI) was an inactive organization during fiscal year ending June 30, 2014. However, CRI incurred certain employee health benefit expenses that resulted from incurred but not recorded health claims from the previous year.”

“Commonwealth Research Institute (CRI) was an inactive organization during Fiscal Years Ending June 30, 2014 and 2013. CRI is in the process of filing Articles of Merger with Concurrent Technologies Corporation.”