Training and Simulation Technology Consortium Inc.

“All education and industry board members have full voting rights and are entitled to vote for the election of the board of directors. Student members and representatives of government organizations are non-voting members.”

“Members can join the organization by paying annual dues. Members can consist of education and industry members and such additional members (non-profit organizations, students etc.) as may be admitted in accordance with qualifications and procedures established by the board of directors (the governing body). Representatives from interested government organizations can be liaisons to the board of directors in accordance with a memorandum of understanding or other agreement.”

“Prior to filing, form 990 and related schedules are distributed to each member of the board of directors. Board members provide comments to the budget audit committee(bac) who performs a detail review. Upon review by the bac, the return is finalized.”

“Annually disclosure statements are completed. If issues are identified they are reviewed by the board for disposition.”

“Applicable members of the board of directors reviewed and researched relevant information supporting the compensation paid to chief executive officer and used this in their determination.”

“The documents are available upon request during normal business hours.”

“To lessen the burdens of government by assisting the u.s. Government in fulfilling its goals of prompt and vigorous implementation of defense conversion, reinvestment and transition assistance as contemplated in the defense conversion, reinvestment and transition assistance act of 1992.”

“Marketing- promote the simulation and training industry and a broadened understanding of the importance of simulation technnology and its many and varied applications in government and industry. Membership- increase and broaden membership to expand the effectiveness and reach of the organization and ncs programs.”

“Line 7b-most of the donations received are from companies. The organization is in the process of implementing a system to notify donors of the applicable value of goods or services received.”

“No unrelated business income received in current year.”

“Golf tournament fees netted against rev on sch g 48,743 golf tournament direct expenses netted on sch g -48,743”

“No change in review process from prior year.”