Uwf Business Enterprises Inc.

“Uwf bei revised its bylaws in order to strengthen the approval process over the election of its directors, with the exception of the president of the university or his or her designee.”

“The 990 is prepared by an outside independent accounting firm based on the information submitted by management. The board of directors reviews and approves the 990 at a board meeting before it is filed with the irs electronically.”

“No member of the board of directors, or any of its committees, shall derive any personal profit or gain, directly or indirectly, by reason of his or her participation with uwf business enterprises, inc., a florida non-profit corporation. Each individual shall disclose to the organization any personal interest which he or she may have in any matter pending before the organization and shall refrain from participation in any decision on such matter. Every bei board member is required to complete and sign a conflict of interest form each fiscal year. The conflict of interest forms are collected from the bei board members during the annual risk and fraud update during a regularly scheduled board of directors meeting. Board members or officers who have declared or have been found to have a conflict of interest shall refrain from consideration of proposed transactions, unless for special reasons the board or administration requests information or interpretation. Persons with conflicts shall not vote or participate in discussion concerning the applicable matter. The university of west florida division of finance and administration vice president's office maintains the files of all bei board member conflict of interest forms.”

“The organization's governing documents are available on its website. Documents include articles of incorporation, consumer's certificate of exemption, direct support organization regulations, audited financial statements, and the master management agreement.”

“Uwf business enterprises, inc. Sold its interest in scenic hills country club, and transferred all interest in the parking and transportation operations to the university of west florida.”

“This organization has a board of directors that assumes the responsibility for oversight of the audit. This procedure did not change during the current reporting year.”

“Leased employees - all scenic hills country club staff (20 employees) were leased by the organization through an employee leasing company. All related 2017 payroll tax returns are filed timely by the leasing company.”

“Uwf bei revised its bylaws in order to strengthen the approval process over the election of its directors, with the exception of the president of the university or his or her designee.”