Usagainstalzheimer'S Action

“The form 990 was prepared by the outside accountants and reviewed by one of the directors and the chief financial officer. A copy of the form 990 was provided to each member of the organization's governing body before it was filed with the irs.”

“Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms that he/she: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands that the organization is a non-profit public benefit corporation and, in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she leaves the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members decide if a conflict of interest exists.”

“Usagainstalzheimer's action does not regularly publish its governing documents, conflict of interest policy, or financial statements. However, the organization makes such documents available, if a request is made by a member of the public.”

“Usagainstalzheimer's action (usa2action) and usagainstalzheimer's (usa2), an unrelated organization for tax purposes, have entered into a cost-sharing arrangement under which usa2action reimburses usa2 for usa2action's allocable share of the compensation of certain employees for services provided to usa2action. Pursuant to this agreement, usa2action reimbursed usa2 for its share of officer compensation as follows: russell paulsen: $10,345”