Wave Property Inc

“Power to appoint board directors directors are nominated by the president of pepperdine university and designated by the chair of the board of regents of pepperdine university. Changes in the directors are reported to the executive committee of the board of regents of pepperdine university. Each director holds their office for a term of three years, or such shorter term as may be specified by the chair of the board of regents of pepperdine university at the time of designation, or until a successor has been designated and qualified.”

“The organization has no committees with authority to act on behalf of the governing body.”

“Wave property, inc.'s form 990 is prepared by a paid preparer. Once completed, it is reviewed by an officer of the organization. A full copy of form 990 is then electronically distributed to all board members prior to filing with the internal revenue service.”

“Wave property, inc. Is a subsidiary of pepperdine university. All officers and board members are employed by, or are regents of pepperdine university. Pepperdine university has a written conflict of interest policy, whistleblower policy, and document retention and destruction policy in place, which applies to these individuals.”

“All officers and compensated directors are compensated by a related organization, pepperdine university. Since wave property, inc. Did not compensate the individuals described on lines 15a and 15b directly, the response to the noted lines is "no."”

“Wave property, inc. Is a subsidiary of pepperdine university. The organization does not have separate policies, as it follows the policies of pepperdine university. The organization's financial statements are audited as part of the consolidated financial statements of pepperdine university. Pepperdine university's financial statements are available via the university's website. Pepperdine university does not make its conflict of interest policy and governing documents available to the public.”

“The merger of wave property, inc. Into wave enterprises, inc. (fein: 95-4274572) on december 28, 2020 was approved via board resolution by both entities.”

“The number of volunteers represents the number of volunteer directors on the board of directors as of the end of the tax year.”

“Wave property, inc. Ceased conducting program services as it merged into wave enterprises, inc. (fein: 95-4274572) on december 28, 2020; thus, it merged out of existence.”