The Cooper River Bridge Run Inc.

“A draft copy of the form 990 was provided to the organization's board of directors prior to its filing. All proposed changes and questions were addressed before the return was filed with the irs.”

“All employees and board members are required to complete a written conflict of interest questionnaire annually. An interested board member, officer, or staff member shall not participate in any discussion or debate of the board of directors, or in any committee or subcommittee thereof in which the subject of discussion is a contract, transaction, or situation in which there may be a perceived or actual conflict of interest. They may be present to provide clarifying information in such a discussion or debate unless objected to by any present board member or committee member.”

“Compensation for the director was determined by the board of directors during a scheduled meeting. The board of directors used data from similar nonprofit organizations as a comparison for the agreement. The acceptance of the compensation agreement was noted in the board minutes.”

“Form 1023 and recent copies of the form 990 are available upon request at the organization's administrative office. In addition, recent filings of the form 990 are available online at www.guidestar.org.”

“The organization's governing documents, financial statements, and conflict of interest policy are available upon request at the administration office.”

“These measures are designed to protect the overall public health, however are expected to have material adverse impacts on domestic and foreign economies and may result in the united states entering a period of recession. On march 13, 2020, after significant consideration by management and the board of directors, as well as cooperation with community and municipal leaders, the race, scheduled for april 4, 2020, was delayed until august 1, 2020. The postponement was made in direct response to the public health precautions being taken against the spread of covid-19. On may 15, 2020, the race was cancelled for 2020, due to the unprecedented and evolving circumstances related to covid-19. The next cooper bridge run was scheduled for march 27, 2021, and was subsequently rescheduled to september 25, 2021 for the very same concerns. The organization provided all 2020 race registrants three options associated with their paid race fees: 1)apply to scheduled and extended virtual race period, 2)defer to the 2021 or 2022 race, and 3)donate registration to the organization's bridge run charity partners and grant program. The organization has communicated with all registrants through its race portal regarding choosing of these options, and, if a response was not received, automatically default to option 3. The cooper river bridge run has a tremendous impact on the local community, the hospitality and tourism industry and other business entities by generating thirty-three (33) million dollars in one weekend. Crbr also supports the lowcountry through our charity connection and grants programs. The crbr is also proud to promote health and wellness which improves the quality of life.”

“BAD DEBTS -1,272”