Toxics Action Center Inc

“There were no such committees within the organization during FY2023”

“A draft form 990 is reviewed by the board of directors, executive director, and financial department prior to filing. Any questions that arise during these reviews are discussed with the independent tax preparer before filing the final version.”

“1. Any officer, director, department head, or other senior management with substantial influence over the organization must disclose to the organization any financial interest, direct or indirect, that he/she would gain from any transaction, contract, or policy the organization is considering entering into or adopting. 2. In instances where any officer, director, or individual with substantial influence over the organization would obtain a direct or indirect financial interest from a transaction or contract entered into with the organization or from a policy adopted by the organization, the following procedures shall apply: (A) A meeting (either in person or via telephone) of the board of directors of the organization shall be convened; (B) The interested person will relate the nature of the proposed transaction, contract, or policy , and shall disclose his/her financial interest to the board, and then shall absent himself/herself from the meeting; (C) The board shall undertake consideration and discussion of the proposed transaction, contract, or policy in the absence of the interested person; (D) The board shall obtain data concerning alternatives to entering into said contract or transaction, or adopting said policy, and compare the alternatives to the proposed transaction, contract, or policy; (E) The board shall vote to approve the proposed transaction, contract, or policy only after having arrived at a determination that such is fair in relation to the feasible alternatives and is in the best interests of the organization; (F) Only a two-thirds (2/3) vote of the disinterested members of the board shall be sufficient to approve such an interested transaction, contract, or policy. The interested person shall not be present for or participate in the vote; (G) Minutes shall be prepared and maintained concerning the board's review, discussion, and vote regarding the proposed transaction, contract, or policy. 3. The organization shall maintain a list of every transaction, contract, or policy from which any officer, director, or individual who exercises substantial influence over the corporation gains any financial benefit, whether direct or indirect.”

“The independent compensation committee will establish acceptable compensation packages after reviewing at least one of the following: 1) Information about compensation paid by similarly situated tax-exempt organizations for similar services; 2) Current compensation surveys compiled by independent firms; 3) Actual written offers from similarly situated organizations. The compensation committee maintains contemporaneous written documentation of the decision making process.”

“No documents are available to the public except as required by IRS regulations.”

“Programmatic, administrative, and fundraising expenses: $228,483; Citizen outreach expenses: $31,441”