Natcast Inc

“The board of trustees reviews the form 990 prior to filing the return.”

“Natcast maintains a written conflict of interest policy that applies to all of its trustees, corporate officers and employees. Conflicts are required to be disclosed by a person prior to or promptly following such person becoming a trustee, corporate officer or employee, and thereafter annually and as a conflict arises. For conflicts involving a trustee or corporate officer, (i) a designated board committee reviews disclosures, determines whether a conflict exists, and determines the resolution of the conflict, and (ii) the board may determine the resolution of a conflict upon referral from such committee. For conflicts involving an employee other than a trustee or corporate officer, (i) a designated conflicts officer reviews disclosures, determines whether a conflict exists, and determines the resolution of the conflict, and (ii) the designated committee may determine the resolution of a conflict upon referral from the conflicts officer. Members of the governing body with a conflict are required to recuse themselves from deliberations and decisions by the governing body related to the matter at issue. The policy is reviewed periodically and updated as needed.”

“The board of trustees holds executive sessions during their periodic meetings. The ceo's compensation is discussed in executive sessions during the budget process. The ceo's compensation is determined after taking into consideration market surveys and public disclosures of other similar organizations. During the budget process, the board of trustees (and/or its compensation and talent committee), using external data, reviews and approves the compensation package for new officers and key employees as well as any of their subsequent salary adjustments.”

“Natcast makes its governing documents, conflict of interest policy, and financial statements available to the public upon request if legally required.”

“Membership dues negative membership dues revenue amount represents refunds of membership dues issued during the wind-down period reflecting changes in the services provided to members.”

“Certain expense categories show negative balances for the stub period due to the recognition of credits, refunds, or other adjustments related to costs previously accrued or paid in prior reporting periods. These adjustments were the result of vendor negotiations during final account close outs conducted as a part of natcast's wind-down activities.”