Wcs One Innovation Drive Inc

Form 990, Part I, Line 1, Part III, Line 1 and Line 4A

“Mission statement managing, developing, improving, renovating, leasing, or dealing with any real or personal property conveyed or transferred to wcs-one innovation drive, inc., including without limitation, real and personal property to support the educational, research and public service activities of the university of massachusetts. Form 990, part i, line 4 and part vi, line 1b the filing organization has no independent member of the governing body because members of the governing body are compensated by a related organization. However, the filing organization is part of an integrated delivery system of organizations, including wcs-one innovation drive, inc., that have community boards. There has been no material change in the structure of the governing body since it applied for exempt status. Form 990, part vi, section a, line 2 the officers and directors of wcs-one innovation drive, inc. Have a business relationship. All are employed by the university of massachusetts, a related organization. Form 990, part vi, section a, line 6 worcester campus services, inc. Is the sole member of wcs-one innovation drive, inc. Form 990, part vi, section a, line 7a the board of trustees for worcester campus services, inc. Elects members of the governing board. Form 990, part vi, section a, line 8b there are no sub committees with authority to act on behalf of the governing body. Form 990, part vi, section b, line 11b once wcs-one innovation drive, inc. Form 990 is completed, it is reviewed by wcs' internal management. The completed form 990 is provided to all members of the board of directors prior to the form being filed with the irs. Form 990, part vi, section b, line 12c wcs-one innovation drive, inc. Maintains a written conflict of interest policy requiring disclosure of relevant facts that give rise to potential conflict of interest. At the end of the fiscal year before submission of form 990 each director and/or officer is provided with a questionnaire, requiring disclosure to any conflicts of interest that may have existed during the prior fiscal year. Form 990, part vi, section c, line 19 wcs-one innovation drive services, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, part vii, section a, line 1a all directors devote approximately one hour per week on average to wcs-one innovation drive, inc. The remainder of their time (39 hours each) is devoted to the university of massachusetts and its related organizations. The officers and directors receiving compensation in part vii, section a are paid by the university of massachusetts for their services to the university, not for their services to wcs-one innovation drive, inc.”