Clearpoint Financial Solutions Inc

“The cfo and ceo both review the 990 for any errors, discrepencies and presentation purposes. It is then presented to the finance committee of the board of directors for their review and approval prior to filing with the irs. The entire board of directors receive a copy of the filed 990 at the next scheduled meeting.”

“All employees are required to sign a confidentiality agreement and conflict of interest agreement upon their employment. On an annual basis, all directors and officers must identify any items which could be considered a conflict of interest and sign a statement to that effect. For any topics voted on by the board of directors which may be deemed a conflict of interest by any board member, that board member abstains from discussion and vote.”

“Ceo pay is researched by an independent company using comparable data for the position and industry. This information is presented to the executive compensation committee of the board of directors who determines the appropriate wages based on this information. Salaries for other officers and key employees are determined by contracting with an independent third party company that does salary surveys at least every 2 years. As trends indicate, the salaries ranges are determined and adjusted.”

“Clearpoint financial solutions inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Effective december 31, 2013 at 11:59 pm, the assets of the organization were acquired by credability. At acquisition, assets transferred, liabilites assumed, and the net contribution to credability was... Net assets $21,439,541 less liabilities $2,396,634 -------------- transferred $19,042,907”

“Reorganization and acquisition expenses -466,440. Assets transferred and liabilities assumed by credability -19,042,907.”

“Each year a recommendation is made by the cfo to the finance and investment committee of the board of directors regarding the engagement of the independent accountant. Upon approval by the finance and investment committee and prior to the commencement of field work, a meeting is held between representatives of the audit firm and the committee to discuss the upcoming audit and any issues the committee deems appropriate to add to the auditor's review. Upon completion of the audit, another meeting is held between the auditor and the committee to discuss the audit and any findings.”