University Circle Incorporated

“Member organizations are represented on the board of trustees and vote on matters put before the board.”

“The organization has members which are organizations located in the university circle area. These members have the right to select and nominate other members of the board of trustees.”

“The 990 tax form and all applicable schedules are compiled by uci's auditing firm, cohen and company. A draft of the 990 tax form and all applicable schedules are reviewed by the finance committee, president, and cfo.”

“The organization's conflict of interest policy and conflict of interest disclosure statement are provided to all trustees, committee members, officers, and senior management of the organization. The conflict of interest disclosure statement is completed annually by the aforementioned individuals.”

“Uci has established a compensation committee of the board consisting of at least five members of the board that shall evaluate annually and recommend periodically the compensation of uci's president. The committee shall also review the overall compensation program for senior management positions, as recommended by the president. The committee shall evaluate the president's performance annually and recommend annual goals and objectives for the president. The committee will set the president's total compensation package, relying upon appropriate data for comparison purposes (including compensation levels paid by similarly situated organizations for functionally comparable positions) prior to making its compensation determination. The committee may solicit input of other trustees during this process. The committee will document the basis for the committee's determination and outcome and report the results out at the next board or executive committee meeting.”

“Governing documents, conflict of interest policy, and financial statements may be furnished upon request in writing to the organization.”

“Recently the organization shifted away from direct service education programs to wholistic community and family engagement programs. This was the result of responding to the improvement in the quality and quantity of education programs available in the immediate area. It became apparent that this was no longer a service that our organization needed to provide, because so many others were meeting that need. However, the connection to the whole family and the broader community is still an area where work can be done. Therefore, we now have an engagement department that creates free programming to strengthen the connection of this district to the broader community.”

“Private equity investments - net -21,087.”

“No process changed from prior year.”