Ddp Bike Share Corporation

“Downtown detroit partnership, inc. ("ddpi"), a 501(c)(3) organization, is the sole member of ddp bike share corporation.”

“Ddpi, as the sole member, shall be required to elect (or remove) the board of directors of ddp bike share corporation.”

“Ddpi, as sole member, shall approve any amendments to the articles of incorporation or by-laws, approve the selection of auditors for the corporation, and approve any direct or indirect transactions between the corporation and either the board member or officer than contracts of employment entered into in the ordinary course of business providing reasonable compensation, and contracts for reimbursement of expenses actually and necessarily incurred in the performance of duties on behalf of the corporation. In addition, any other cases when required by law.”

“There are no committees with authority to act on behalf of the governing body.”

“The ceo reviews and signs the form 990 before filing with the internal revenue service. The board of directors reviews the annual audit, which is used to provide the form 990 information.”

“All board members are included under the conflicts of interest policy. Board members are required to disclose any conflicts of interest and any disclosures are included in meeting minutes. No restrictions are imposed, but any conflicts are disclosed and documented.”

“The executive board of ddp bike share corporation reviews the requirements and determines the compensation of the executive director.”

“All documents required to be made available to the public are available for public inspection upon written request.”

“The organization uses costaff services, inc., a third-party professional employer organization (peo), to provide payroll and related human resources services. All individuals working for the organization are legally employed by costaff services, inc., and receive their forms w-2 from costaff rather than directly from the organization or its related entities. Notwithstanding this arrangement, the organization has included in form 990, part vii, section a, and (if applicable) schedule j, part ii, all officers, key employees, and the five highest compensated employees whose compensation was paid through costaff but relates to services provided to the organization. Compensation amounts reported reflect the totals paid or incurred on behalf of the organization and its related entities, whether paid directly or indirectly through costaff.”

“DBA: MOGO DETROIT”

“All individuals performing services for the organization are employees of costaff services, inc., a third-party professional employer organization (peo). All w-2s are issued under costaff's ein; no w-2s are issued directly by the organization.”