Clarkson College

“The executive committee of the board directors has the power to transact business of the corporation between regular meetings of the board.”

“Mr. Robert howard and dr. James canedy have a business relationship through common board of director positions. Dr. George green and dr. Steven black have a business relationship through common board of director positions.”

“As outlined in the operating agreement between clarkson college and the nebraska medical center(tnmc), tnmc provides the chief executive officer (whose title is president) and all such other administrative and professional personnel reasonably necessary for the operation of the college.”

“The nebraska medical center is a 501(c)(3) organization and is the sole member of clarkson college.”

“The sole member also has the power to elect and remove directors of the college and the power to approve and remove the person designated as the president of the college.”

“The sole member has the right to approve all amendments to the articles of incorporation and to the bylaws of the corporation, to approve any dissolution, consolidation or merger of the entity.”

“The board of directors was provided an electronic copy of the form 990 for their review prior to filing.”

“Each member of the board of directors, officers and key employees discloses annually that he/she is either an officer, director, member, agent or associated in some manner with the delineated business entities that either have or might reasonably be expected to have a business relationship with clarkson college. Each board member agrees to make conflicts known and withdraw from the participation in deliberations if a subsequent conflict arises. Disclosure statements are distributed annually and monitored by the corporate compliance officer for completion. Any disclosed conflicts are brought to the attention of the chairman of the board for board members and officers or to the officers for any key employees.”

“The governing documents, conflict of interest policy, and financial statements are typically not made available to the public. However, if someone comes into the accounting department and requests to view the documents they would be made available to view in the office.”

“The nebraska medical center issues the form 1099's on behalf of clarkson college and the expenses are paid by clarkson college through the nebraska medical center acting as their pay agent.”

“The nebraska medical center issues all form w-2s and files form w-3 on behalf of clarkson college and the expenses are paid by clarkson college through the nebraska medical center acting as their pay agent.”