Rehabilitation Institute Industries Inc

“Ability kc, a missouri nonprofit corporation, is the sole member of ability kc industries. Ability kc is designated as the sole member so long as ability kc industries shall continue to qualify as a tax exempt, nonprofit entity recognized under section 501(c)(3) of the irc. Ability kc has the right to elect the members of ability kc industries' governing body. Ability kc has the reserved power to approve significant decisions of ability kc industries' governing body. Ability kc is entitled to receive a share of ability kc industries' profits, excess dues or a share of ability kc industries' net assets upon dissolution.”

“Ability kc, being the sole memeber of ability kc industries, has the right to elect all the board of directors.”

“The corporate bylaws of ability kc industries identify certain rights and powers which are reserved to ability kc, the sole member. In each instance, the rights and powers reserved to the sole member may be summarized as follows: 1. Election of directors the sole member elects all directors of ability kc industries based upon nominations submitted by the ability kc board of directors. Terms of office are staggered on ability kc industries' board such that approximately 1/3 of the directors' terms expire each year. 2. Articles of incorporation and bylaws ability kc industries' articles of incorporation and bylaws may not be amended, restated, altered or repealed by the corporation unless and until such action is ratified ad approved by the sole member. 3. Annual budgets/financial policies/investment ability kc industries's annual operating and capital budgets prepared and recommended by the corporate board are subject to review and approval of the sole member. Corporate financial policies and investment strategies recommended by ability kc industries's board also are subject to prior review and approval of the sole member. 4. Sale of assets/merger, consolidation/dissolution any sale, lease or other disposition of substantially all of the assets of ability kc industries and any merger, consolidation, reorganization or other not-in-the-ordinary-course transaction is subject to the prior review, ratification and approval of the sole member. 5. Long-term debt/leases all long-term debt obligations and long-term lease obligations in excess of one year are subject to prior review/approval of the sole member. 6. Chief executive officer actions of the board of directors of ability kc industries to employ or terminate the employment of the ceo of the corporation are subject to review and approval by the sole member.”

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers, accounting personnel, and a subset of the finance committee. Any questions and concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications are made. The final form 990 is then provided to all voting members of the board prior to filing the 990.”

“At the time of hire (or election in the case of corporate directors and ability kc industries inc 43-0916345 trustees) and annually thereafter, the ceo or his/her designee shall provide to the board and to all executive officers, administrative staff, associates, and volunteers a copy of the conflict of interest policy and the applicable conflict of interest disclosures form and questionnaire, which shall be completed to identify any relationships, positions or circumstances with respect to which it is believed a conflict may arise. Such annual monitoring and review procedures shall be part of the corporate compliance plan. An appropriate report shall be submitted to the board of directors concerning any interest so disclosed. Each member of the board of directors and all management associates shall disclose fully and frankly any and all actual or potential conflicts or duality of interest or responsibility, whether individual, personal, or business, which may exist or appear at akci or akc or any matter or business which may come before the board (including its committees). The disclosing individual shall neither vote nor endeavor to influence corporate action in any such matter upon request of the subject board. The affected individual shall leave the boardroom while the matter is discussed and a vote, if any, shall be recorded in the minutes of the board or its committee.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

“This nationally accredited program provides extended employment opportunities and supportive rehabilitation services to adults with significant disabilities who are unable to maintain a job in the competitive labor market. Known as ability kc industries, the program provides full-time employment and supportive rehabilitation services to adults with developmental and other significant disabilities. Employment opportunities are created by providing light industrial sub-contract work at a competitive price to local and national companies. The program provides an environment where individuals with significant disabilities can develop work habits and skills, earn a wage and, as appropriate, prepare for possible competitive employment. Participants are part of a work community and, in addition to improving their employment readiness, they develop friendships that foster greater inclusion in the community.”