Business Executives for National Security

“The form 990 was prepared by the outside accountants and reviewed by the cfo, ceo, coo, outside legal counsel, rmtg (cpa), and with the audit committee. A final copy of the 990 was sent to the entire board before filing.”

“A copy of the conflict of interest policy is reviewed and followed by all directors, employees, and officers. Under the conflict of interest rules described in the bens bylaws and in its employee handbook, affected persons are required to affirmatively disclose any interests that could give rise to a conflict, not just annually, but at the very time the person becomes aware that a potential conflict arises. All directors are reminded of the organization's conflict of interest at each meeting of the board. In addition, before any project is undertaken with u.s. Government partners, bens members and staff working on the project are reminded in writing of the bens conflict of interest requirements. Senior bens staff regularly monitor projects and activities to help further avoid any potential conflict of interest situations. The secretary of the bens board of directors receives reports of potential conflicts of interest and, after reviewing and consulting with the chair of the governance committee, determines appropriate action. All board members and staff sign a conflict of interest statement annually.”

“The executive committee, whose members are current or retired senior business executives who sit on numerous nonprofit boards, determines the initial salary and any raises or bonuses for the ceo. This determination includes use of comparable salary and decisions are documented in the executive committee meeting minutes. The last compensation review of the ceo took place in january 2018. The cfo/treasurer maintains a variety of nonprofit salary surveys (including asae), which are used by the ceo and coo in determining staff salaries.”

“The organization's articles of incorporation, bylaws (including disclosure of conflicts of interest - article 3, section 16), donor privacy policy, and financial statements are posted on the bens website (www.bens.org).”

“The organization posts its form 990 and audited financial statements on the bens website.”

“This return is being amended to add a board member to part vii who was inadvertently omitted from the originally filed return. Part vi, lines 1a and 1b have also been updated accordingly.”