Blueforge Alliance

“Form 990 review process prior to submission to the irs, bfa's chief executive officers, chief financial officer, chief accounting officer, and director of finance review the 990 in detail. The 990 is made available to all members of the board prior to filing with the irs.”

“Conflict of interest policy conflict of interest (coi) is addressed in the bfa employee handbook. All bfa employees, board members, and officers are required to complete annual training that details the coi policy. Employees sign a statement attesting that they have received and understood the training and have officially disclosed any existing possible coi. Employees are also required to complete and sign a conflict of interest disclosure form annually. All reported coi matters are reviewed by the bfa security office. Based on the outcome of the review, a ruling is made and disclosed to the bfa executive committee. Should a ruling be that a potential conflict exists, then the authority making the ruling will determine the appropriate actions needed to mitigate the conflict. Per the organization's policy, any individual who has a conflict of interest will recuse themselves from deliberations and decision-making related to the transaction such that they would not participate in such a transaction.”

“Compensation review process in 2022, bfa was in its initial year of operation. At the time of this filing, bfa has established an advisory board comprised of non-voting members as well as a human resources department for establishing compensation for top management officials, including the ceo. The compensation of bfa's top management officials center around position descriptions followed by a detailed analysis through an outside compensation vendor, eri economic research institute. This process established compensation ranges based on scope of responsibilities, position location, market rates, required experience, and education. Ceo and other management compensation is reviewed annually with the cfo, principal of people operations, and company attorneys.”

“Documents available to public the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“As a tax-exempt entity to lessen the burdens of the u.s. Navy and the department of defense (dod), bfa's mission is to enable the submarine manufacturing industry to build and maintain america's next generation of undersea platforms by increasing capability, capacity, collaboration, and resilience. Bfa's primary objective is to mobilize all necessary resources to galvanize and revitalize the u.s. Submarine industrial base (sib) to achieve the u.s. Navy's "1 + 2" mission: to deliver one new columbia-class and two virginia-class next generation nuclear powered submarines on a cadence of every twelve months for the next decade and more. Bfa accomplishes this objective by a). Managing and developing the execution of technology and supplier portfolio for the sib, b). Developing independent metrics and assessment methodologies which are used by the navy and the dod to assess and analyze national defense technology and the capabilities of suppliers that manufacture submarines for use by the navy, including the parts and equipment used in navy submarines, c). Identification of suppliers for the navy and dod that are best capable of meeting the sib program requirements, d). Leading the development of a nationwide workforce, which is capable of manufacturing national defense technologies and submarines in order to carry-out the program goals of the sib, and e). Conducting scientific research in order to accomplish the foregoing activities, including developing integrated technology and supplier development investment plans, as wells as facilitating the development of new national defense technologies to be used by the u.s. Navy and the u.s. Dod in furthering the program goals of the sib.”

“Subcontractor expenses: program service expenses 90,131,583. Total expenses 90,131,583. Direct consultants: program service expenses 4,875,798. Total expenses 4,875,798. It services: program service expenses 16,341. Management and general expenses 69,395. Total expenses 85,736. Other contracted services: program service expenses 26,756. Management and general expenses 113,624. Total expenses 140,380. Consulting services: program service expenses 94,086. Management and general expenses 399,552. Total expenses 493,638.”