Azcert

“Raymond l. Woosley, raymond david woosley and kristin black have a family relationship.”

“The form 990 will be reviewed by the chair of the finance committee, the president and the chair of the board prior to filing.”

“As an organization, azcert adheres to a policy on the acceptance of external funding and conflict of interest when engaging with other persons, organizations and institutions. It is the intent of azcert that each member of the board of directors, any committee, task force or advisory body, employees, consultants, and volunteers understand and respect their duty to place the best interests of azcert first in all dealings, and that they shall take no action that conflicts or could reasonably be perceived to conflict with the best interests of azcert. All employees shall report all real, potential or perceived conflicts of interest to the azcert president immediately upon becoming aware of the conflict of interest. The azcert board of directors, or a designated sub-committee of the board, will review the conflict of interest and may request that the employee make public disclosure of any real, potential or perceived conflict of interest or ask the employee to take corrective action(s) such as returning payment or gifts or divesting of a relevant financial interest. A real, potential or perceived conflict of interest exists if an employee has: a. A financial interest in any entity that develops or markets drug products that are regulated by the fda where the interest is greater than 5% ownership or exceeds $10,000 in value. B. A financial interest in any entity that develops or markets drug products that are regulated by the fda where the value of that financial interest cannot be readily determined, such as stock that is not publicly traded. C. Any other financial interest that the employee believes may interfere with, or be perceived to interfere with his or her ability to act solely in the best interest of azcert. D. A proprietary interest in any aspect of the azcert's work, such as a patent, trademark, copyright or licensing agreement. E. An affiliation as a director or executive of any entity that develops or markets drug products that are regulated by the fda. F. A financial interest that requires disclosure to an azcert funding source. All real, potential or perceived conflict of interest shall be reported on azcert's disclosure form, which is completed annually by all employees. Real, potential or perceived conflict of interests shall be reviewed by the azcert board of directors on a case-by-case basis to determine whether the conflict of interest has the potential to jeopardize azcert's ability to accomplish its mission and whether the conflict of interest needs to be disclosed publicly, monitored or eliminated in order for the employee to remain in their position.”

“Board officers and members are not compensated for work or time spent on board functions. Therefore, we do not have a compensation committee for the board. However, for non-board activities such as their work on research projects conducted by azcert, one officer (dr. Romero, treasurer) and one director (david woosley) received some compensation in fy 2015, fy 2016 and fy 2017. Compensation paid to officers or directors for work performed to support the research or education mission of azcert are reviewed and approved by the finance committee. Because dr. Romero also served as chair of the finance committee, he abstained from participating in the review for his salary. For fy 2017, the finance committee members were drs. Romero and malone. The committee considered comparable salaries for persons with equivalent rank in university research positions in approving the amounts paid for the research and educational work by dr. Romero and david woosley.”

“Documents and policies are available upon request.”