Bob Belloni Ranch Inc.

“When the 990 is received from the auditor, it is sent to the treasurer of the board of directors for review. In addition, it is reviewed by the chairman of the board of directors with the executive director. The chairman and treasurer confer prior to the monthly board meeting to discuss the report. The report is presented by the treasurer to the board of dierctors with a recommendation. Upon an affirmative vote of majority, the chairman is authorized to sign the document for filing with the internal revenue service.”

“Annually, the chairman of the board of directors affirms the conflict of interest policy and reminds directors of their obligaiton to report in writing according to the policy. In addition to the board of directors, the chairman affirms the policy to the executive director at the annual performance evaluation, and also reminds them of reporting procedures. With a disclosure of a conflict, the board of directors will convene to investigate the conflict and the transaction will be authorized, approved, or ratified if it receives the affirmative vote of a majority of directors.”

“Comparability data provided by the oregon alliance of children programs was reviewed for the executive director. Available funding determined the salary level. Other officers or key employees - comparability data provided by the oregon alliance of children programs was reviewed. Available funding determined the salary level. With current compensation levels for service rendered by the 501c3, compensation levels for our executive director and staff are 27% under funded compared to market value. However, compensation levels are consistent with other 501c3 organizations with similar characteristics.”

“All documents are available for public inspection upon request at the administrative offices.”