Save the Chimps Inc.

“The board of directors shall have the responsibility for reviewing the organization's form 990 (including all pertinent schedules) before it is filed with the internal revenue service.”

“All board members are required to annually review and complete the conflict of interest statement. Once identified, conflicts of interest are addressed as set forth in the organization's conflict of interest policy.”

“The board of directors of the organization rely upon comparability data to determine and approve the compensation of the executive director. The board of directors utilizes resources such as similarly situated exempt organizations in their area to benchmark pay along with market information from other exempt organizations and for-profit organizations to assess the competitiveness and reasonableness of the compensation. Once a decision has been made by the board of directors, it is then voted upon for approval.”

“The required organizational documents and public inspection copies of the form 990 of the exempt organization will be available upon request.”

“Other professional fees: program service expenses 182,144. Management and general expenses 408,406. Fundraising expenses 329,173. Total expenses 919,723.”

“On april 25, 2020, the sanctuary obtained a paycheck protection program ("ppp") promissory note under the coronavirus aid, relief and economic security act ("cares act") administered by the u.s. Small business administration ("sba") in the amount of approximately $603,000. In accordance with the requirements of the cares act, the company used the proceeds of the note primarily for payroll and other allowable costs. On august 2, 2021, the sba forgave the entire balance of the ppp promissory note. On february 13, 2021, the sanctuary obtained a second ppp promissory note under the cares act administered by the sba in the amount of approximately $677,000. In accordance with the requirements of the cares act, the company used the proceeds of the note primarily for payroll and other allowable costs. On august 25, 2021, the sba forgave the entire balance of the second ppp promissory note. The sanctuary recognized a gain on forgiveness of ppp loans of approximately $1,280,000 in the accompanying statement of activities for the year ended december 31, 2021”