Prime Coalition Inc.

“The organization's executive director reviews all the line items on the form 990. Once the form 990 is complete and accurate an electronic version of the form 990 is mailed to each board member for review.”

“Prime's conflict of interest policy states that disclosure must occur whenever any director, officer, committee member, or employee of the corporation becomes aware that the corporation is considering a transaction that potentially creates a conflict of interest. The individual is obligated to notify the board or relevant committee and to disclose all material facts relating to the interest in the transaction. The board or committee will determine whether an actual conflict of interest exists and take action that it deems appropriate. The interested person may not be present when the board or committee makes its determination other than to answer questions. If no conflict of interest is found to exist, the minutes of the meeting must record the basis of the board's or committee's determination. If the board or relevant committee determines that a transaction would create a conflict of interest, the transaction must be approved in advance by only those board or committee members who do not have a conflict with respect to the transaction. Any interested person therefore must recuse themself from consideration of the transaction and may not vote on the transaction or be present when the vote is taken. Furthermore, the interested person may not be present during any discussion of the transaction other than to answer questions, and must refrain from using their personal influence to encourage the corporation to enter into the transaction. If the board or relevant committee has reasonable cause to believe that an interested person has failed to disclose an actual or possible conflict of interest, it will inform the interested person of the basis for such belief and afford them an opportunity to explain the alleged failure to disclose. If, after hearing the response and making such further investigation as may be warranted in the circumstances, the board or committee determines that the interested person has in fact failed to disclose an actual or possible conflict of interest, it will take appropriate action which may include recommendation to the board for removal from the board or termination of employment, as well as reconsideration of whether the transaction or arrangement was in the best interests of and fair and reasonable to the corporation at the time it was undertaken. If it is determined that the transaction was not fair and reasonable to the corporation, the corporation, in its discretion, may void the contract and/or require the interested person to restore the corporation to the financial position it would have been in if such person had been dealing under the highest fiduciary standard. Where the latter remedy is employed, the interested person will be required to make payments of cash or property to the corporation in amounts equal to the value of the excess benefit he or she received plus interest. Any interested person who violates this policy also may be liable for taxes imposed under the federal intermediate sanctions regulations.”

“The compensation of all officers is determined by an independent board on an annual basis.”

“The organization's form 990 is located on guidestar and charity navigator. Upon request, the organization will send electronically or mail a copy of the form 1023 or 990 to the requestee.”

“The organization makes its governing documents and its conflict of interest policy available upon request.”

“Subcontractors: program service expenses 395,205. Management and general expenses 168,364. Fundraising expenses 0. Total expenses 563,569.”

“Separate audited financial statements are completed only for prime management company i llc and prime impact loan fund i llc.”