Nebraska Defense Research Corporation

“University Technology Development Corporation is the sole member.”

“the board of directors are nominated by the President of the University of Nebraska and are elected by the University Technology Development Corporation.”

“Any amendments to the organization's Articles of Incorporation need the consent of the President of the University of Nebraska.”

“The Form 990 is prepared by the University of Nebraska internal tax department based upon financial statements that are prepared by the staff members of the University of Nebraska. Completed forms are then reviewed by our treasurer and reconciled to the accounting records of the corporation. The treasurer reports the Form 990 filing at the next meeting after submission.”

“The Board of Directors are required to complete conflict of interest statements annually.”

“Nebraska Defense Research Corporation (NDRC) Board of Directors approves the executive director's salary. The salary is determined through research conducted by an independent human resources consulting firm that conducts a comparison to positions of comparable organizations.”

“Nebraska Defense Research Corporation (NDRC) determined officer and key employee salaries through research conducted by an independent human resources consulting firm that conducts a comparison to positions of comparable organizations.”

“Anyone requesting this information would be referred to the treasurer; who would freely share the requested documents.”

“Consultant Fees - Total Expense: 1134178, Program Service Expense: 1133550, Management and General Expenses: 628, Fundraising Expenses: 0; Payroll Fees - Total Expense: 5187, Program Service Expense: 0, Management and General Expenses: 5187, Fundraising Expenses: 0; Security Fees - Total Expense: 196908, Program Service Expense: 196908, Management and General Expenses: 0, Fundraising Expenses: 0;”