Accelerate Long Island Inc

“Accelerate long island is a membership corporation comprised of the following members; brookhaven national laboratory, cold spring harbor laboratory, hofstra university, long island association, northwell health, stony brook university, and ny institute of technology.”

“Each member is entitled to representation of accelerate's board of directors.”

“Specific board actions require approval of the members, specifically 1) any amendment of, or change to, the certification of incorporation, 2) disposition of all, or substantially all, of accelerate's assets, 3) plans of merger or consolidation or dissolution.”

“The form 990 was prepared by a top national accounting firm in conjuntion with the organization's financial department and was provided to the managing director, treasurer, and board chairperson for review/approval. The form 990 is made available to the entire board.”

“Accelerate long island ("ali") has a conflict of interest policy in place that governs the activities of its officers, directors, trustees and key employees. Each officer, director, trustee and key employees is required to annually disclose any conflicts of interest that arise by virtue of employment, board service, or position with ali. These disclosures are reviewed to ensure compliance with the conflict of interest policy. Ali is not aware of any potential conflicts of interest.”

“The ali board approves the compensation of the managing director.”

“Ali makes its form 990 available to the public by retaining a copy at its place of business. The form 990 is likewise published on the internet at guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested will be provided at management's discretion.”

“Hot spot consulting fees 76,500.”