West Hotel Sro Inc. a California Non Profit Public Benefit Corp

“The controller and cfo review form 990 before it is filed.”

“It has two conflict of interest policies, one for its board of directors and another for all its employees. For the board of directors, the board or the relevant board committee determines if a conflict of interest exists. If a conflict exists, the "interested person" (individual who may have a conflict of interest) may be permitted to make a presentation concerning the proposed transaction or arrangement to the board or board committee, but after that presentation, the interested person leaves the meeting during the discussion of, and vote on, the proposed transaction or arrangement. The board or board committee exercises all appropriate due diligence and then determines whether an alternative transaction or arrangement can be made that would not result in a conflict. If the board or board committee determines that it is not possible to obtain a more advantageous transaction or arrangement, the board or board committee determines, by a majority vote of disinterested directors, whether to enter into the transaction or arrangement that presents a conflict of interest. All directors are required to complete an annual "declaration of interest which may be in conflict" form, disclosing potential conflicts which may possibly arise during the course of the year." for employees, members of the senior management team must complete an annual "declaration of interest which may be in conflict" form which must be updated in the event that a new potential conflict of interest surfaces, and all other employees with a potential conflict must do the same. Any potential conflicts of interest are reviewed by the executive director, and approved or mitigated at the executive director's discretion. If the conflict involves the executive director, the conflict is reviewed, approved and if necessary mitigated by the board president.”

“The organization follows the requirements of sb1262, wherein comparability data and substantiation is required if there is a newly hired ceo or cfo or the compensation of either/both is increased incongruently with those of other employees.”

“Governing documents and policy are available upon request. Audited financial statements are posted on website.”

“The process for overseeing the audit and selecting the independent accountant has not changed.”

“To establish the compensation of the organization's ceo/executive director, the organization complies with the requirements in the california nonprofit integrity act of 2004 to assure that such compensation is just and reasonable.”