Merrick Inc.

“The board has delegated specific authority to a governance committee, finance committee, and development & marketing committee. Each of these committees has at least one trustee from the board as a member, has a charter approved by the board defining their authority, and records minutes that are distributed to the board of trustees.”

“Dan schneeman is a trustee and is also a principal with sevenhills benefit partners who is the company's health benefit advisor. Diogio reis is the past president of the board and employed by the mn department of human services which sets policy for human services programs. Jamey austad is a trustee and a vendor providing it services to the company. Joe murphy is the vice president of the board and represents the company's 403(b) retirement plan.”

“The executive director and finance manager review a draft of form 990 and form 990-t and provide feedback to our tax preparer who provides us with a final filing copy. We check that copy to make sure any changes discussed were made. Then a copy is provided to the board of trustees for comment and/or questions before it is reviewed and approved by the finance committee who authorizes the president/treasurer to sign and management to file it along with related reports with the mn attorney general's office. All trustees are advised that form 990 and form 990-t have been filed and are provided a link to the final copy.”

“Each trustee and key employee completes a conflict disclosure form annually and is required to recuse themselves from matters where a conflict exists.”

“The company participates in an industry market wage survey every two years and uses this data to benchmark its own compensation plan. The president of the board completes the annual performance evaluation of the executive director and only the governance commmittee or board can change the compensation for this position. The executive director is authorized to manage all other aspects of the company's compensation plan.”

“Public documents will be made available upon request.”

“Other fees: program service expenses 576,677. Management and general expenses 84,755. Fundraising expenses 15,394. Total expenses 676,826. Transportation: program service expenses 1,027,322. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,027,322.”

“Increase/(decrease) of investment in joint venture - newtrax 29,598.”