Technology Business Management Council Ltd

“TBMC is open to individuals and organizations to join as members, but members do not pay dues and do not have voting rights to elect members of the governing body or approve significant decisions made by the governing body. THE ORGANIZATION HAS A CLASS OF MEMBERS, CALLED THE FOUNDING MEMBER. THE ONLY FOUNDING MEMBER IS APPTIO, INC. THE FOUNDING MEMBER HAS THE EXCLUSIVE POWER TO APPOINT NEW PRINCIPAL MEMBERS AND GENERAL MEMBERS, HAS THE POWER TO REMOVE EXECUTIVE MEMBERS, PRINCIPAL MEMBERS AND GENERAL MEMBERS AND HAS THE EXCLUSIVE POWER TO APPOINT FOUNDING DIRECTORS.”

“The governance committee is composed only of founding directors. The governance committee has the exclusive power to remove executive directors, remove officers, amend the bylaws or certificate of incorporation of the corporation, dissolve the corporation, create committees within the board of directors, determine financial concerns of the organization, and other such duties it elects to assume.”

“The Form 990 is prepared by an external accounting firm with the collaboration of our organization's team. The financial statements, including reports on revenue, expenses, and the balance sheet, are reviewed by the Accounting Director, who oversees the books and records of TBMC, prior to submission. Upon filing, the completed Form 990 is made available to all current board members and officers. Looking ahead, TBMC will provide the draft Form 990 to all board members and officers for review before finalization and filing. Board members will have a designated period to review the document, and any questions or concerns will be addressed prior to the final submission.”

“Governing documents, policy documents, and financial statements were not made public during the year. However, TBMC provides these documents to interested parties upon request.”

“Tbmc does not currently have a formal conflict of interest policy, whistleblower policy nor a written documentation retention and destruction policy. However, tbmc closely aligns with international business machines corporation ("ibm"). While these policies are not formally adopted, tbmc consistently adheres to and maintains all relevant requirements and practices. Apptio, as a subsidiary of ibm, further reinforces these policies.”

“TBMC has members, but does not collect membership dues/fees. Membership into TBMC is free for individuals and organizations. TBMC receives sponsorship revenue related to conferences, but sponsors are not required to become members.”