National Action Network Inc

“Before the 990 is filed, it will be reviewed by the organization's finance committee. At the next board meeting (or a specially called board meeting) after the finance committee has reviewed the 990, the finance committee will give a review of the 990 section by section, will entertain questions by the board, and will recommend to the board whether or not the 990 should be filed as is. As part of their presentation to the board, the finance committee will also based on their review of the 990, make necessary recommendations to the board regarding governance, policies, disclosures, etc.”

“The organization follows and enforces all compliance required within the organization's conflict of interest policy.”

“Compensation of officers are reviewed by independent board members. Board reviews and determines compensation based upon skills, job requirements and comparable salaries in not-for-profit sector.”

“Compensation of other officers and key employees are reviewed by independent board members. Board reviews and determines compensation based upon skills, job requirements and comparable salaries in not-for-profit sector.”

“The organization's financial statements and 990 are publicly available on the website of the new york state attorney general and with the south carolina secretary of state's office. All board members are listed on the organization's web site and documents available to the public upon request at the headquarters.”

“Over the last 25 years, the president and ceo periodically declined compensation to ensure that the organization had sufficient operating funds to fulfill its payroll obligations and maintain ongoing operations. The board/executive committee recognizes that the organization received the services of the president/ceo without fully compensating him for his services. In addition, the board recognizes that it did not offer any retirement or benefit package to the president/ceo, in contrast to most peer organizations that do offer retirement or benefit packages. In 2017, the board/executive committee retained the services of an outside compensation consultant to formalize the president/ceo's compensation. This included the consultant advising the board's compensation committee in identifying an appropriate compensation vehicle that makes up for the remaining pay that was not received. The compensation committee assessed data provided by the consultant and did a full review of compensation from 2004 to 2017. The committee determined that there was an issue regarding back pay, as the president/ceo had been underpaid, or not paid at all, in certain years. In completing their review, the compensation committee determined that there was an unsatisfied salary obligation in the amount of $563,352, and based upon the peer organization data provided by the consultant it showed a bonus pay average in the 20% range. It was concluded that if the president/ceo had received a bonus for that period, it would have been $689,000 over that 13-year period. Therefore, the total salary due and recommended bonus for that period would total $1.252 million. In reviewing all the recommendations from the consultant and considering that the board/executive committee wanted to finalize all back-pay issues and remove this obligation from the organization, the president/ceo received $722,948 as full settlement for all unpaid salary and bonuses. This represented a back pay of $563,352 and a paid bonus of $159,596. The settlement amount of $722,948 was included on form 1099, in addition to his w-2 2018 base salary of $324,000.”

“Automobile expenses 99445. 74584. 24861. 0.”

“Postage & delivery 25058. 18794. 6264. 0.”

“Bank & credit card fees 15851. 11888. 3963. 0.”

“Printing & reproduction 55462. 41596. 13866. 0.”

“Equipment rental 18020. 13515. 4505. 0.”

“Payroll processing fees 15146. 11359. 3787. 0.”

“Charitable contribution 34213. 25660. 8553. 0.”

“Dues & subscriptions 4888. 3666. 1222. 0.”