Western Climate Initiative Inc

“The draft version of the form 990 and related state forms are prepared by an independant cpa firm in cooperation with the organization's management. A draft of all the forms are submitted to the audit committee for review. The audit committee reviews the forms for accuracy and makes a recommendation to the board that the forms be approved and submitted for filing with the respective tax authorities. The audit committee also obtains the review of the independant cpa firm that performs the organization's annual financial statement audit.”

“Under the policy, each board member, officer, committee member and employee shall review and sign a conflict of interest acknowledgement form and disclosure questionnaire annually which shall be reviewed by the board of directors. In addition, immediately upon learning of any actual or potential conflict of interest between the organization and a board member, officer, committee member or employee, with regard to a transaction or arrangement, the individual(s)shall promptly disclose all material facts of the actual or potential conflict of interest. All disclosures involving a transaction or arrangement being considered at a meeting of the board of directors shall be made to all members present at such meeting. If the board determines that a board member, officer, committee member or employee has failed to comply with the organization's conflict of interest policy, the board shall take appropriate actions, including the board member, officer, committee member or employee's removal.”

“In determining and approving compensation for the executive director, the board took the following steps: 1)the board's deliberation about, and approval of, the executive director's compensation was made without the executive director present, 2)the board was provided by the compensation committee with data as to comparable compensation and benefits for similiarly qualified individuals in comparable positions at similiar organizations, 3)the board's approval was documented in the minutes of the meeting during which the executive director's compensation was approved. The executive director is subject to an annual performance review at which time his/her compensation may be reevaluated.”

“There are no other compensated officers or key employees of the organization other than the executive director, therefore the question does not apply but has been answered "no" per irs instructions.”

“The organization makes its governing documents, policies, audited financial statements, board of directors meeting minutes, and annual federal and state tax filings available to the public on its website at www.wci- inc.org. Documents are also available upon request.”

“CANADA”

“Citss - hosting & development 792,403 0 0 auction admin services 626,758 0 0 financial admin. Services 199,500 0 0 financial admin. Auction 89,250 0 0 market monitoring services 91,564 0 0 platform deveopment 49 0 0 platform hosting & infrastruc 63,009 0 0 payroll processing fees 0 15,256 0 it services 20,868 0 0 tech advisory services 189,593 0 0 translation services 5,751 5,749 0 outreach and communication 4 9 0 audit fees 0 26,000 0 other professional fees 0 400 0 total 2,078,749 47,414 0”