Urban Ventures LLC

“1. Before any meeting of the board of directors, an agenda will be circulated to each director with an agenda of items to be discussed described in sufficient detail to allow members of the board to identify possible conflicts of interests.2. A member of the board with a conflict of interest will declare the same in writing to the chair prior to the introduction of the agenda item in question.3. The particulars of any such disclosures are noted in the minutes 4.The member of the Board who has disclosed a conflict of interest regarding an agenda item will refrain from participation in discussions and voting of the item, and will leave the meeting room when the Board reaches that agenda item.”

“During the board meeting the appropriate board personnel takes the meeting minutes for ratification.”

“IRS Form 990 in draft form reviewed by all board members at a regular meeting. After review and approval board grants approval to CEO to sign authorization for e-filing.”

“Compensation of CEO or Executive director is determined by the executive committee of the board. The committee considers compensation paid by similar sized Urban Leagues, and salary surveys of similar non-profits in the local market.”

“Upon request governing documents, policies and procedures, and financial statements are made available.”

“No other documents available to the public.”

“URBAN VENTURES has adopted the provisions of FASB ASC 740 (formerly FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes An Interpretation of FASB Statement No. 109 (FIN 48). Under ASC 740, URBAN VENTURES must recognize thetax benefit associated with tax positions taken for tax return purposes when it is more-likely-than-not that the position will be sustained. The adoption of ASC 740 had no impact on URBAN VENTURESs consolidated financial statements. Management of URBAN VENTURES does not believe there are any material uncertain tax positions and accordingly has not recognized any liability for unrecognized tax benefits. URBANVENTURES has filed for and received income tax exemptions in the jurisdictions where it is required to do so.”