Pci-Media Impact Inc

“Pci-media impact has its form 990 prepared by an independent outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. Once form 990 has been prepared, it is reviewed by the president and an outside consultant. When ready to be filed with the internal revenue service, it is submitted electronically to the members of the organization's governing body for comments prior to submission. The governing body is given one week to review the prepared form 990 and provide feedback. Any comments are grouped, summarized, and provided to the committee responsible for filing the return for their review. Each issue is documented and addressed until the return is finalized and approved for filing.”

“Pci-media impact currently has in place a conflict of interest policy that applies to any director, officer, and staff members, which it annually monitors and enforces. The board currently mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. The signed conflict of interest policy is submitted to the executive committee to review the signed attestation for potential or actual conflicts. If a potential or actual conflict of interest exists, the executive committee will notify the member of management or governing body about such conflict and investigate the conflict. The results of the investigation will be summarized and documented by the executive committee and be reported to the governing body. If the executive committee establishes that an actual conflict exists, the member of management or the governing body will be notified immediately and will not be allowed to vote or be a part of any decision about any such transactions that have to do with the conflict until such time there is no longer a conflict.”

“Pci-media impact has established a written compensation policy for their compensation committee to follow in establishing the compensation for the president and cfo. The policy mandates that executive compensation be periodically reviewed by the compensation committee and that the committee should be free of conflicts of interest. In addition, the approving compensation committee needs to review appropriate and adequate data to determine the reasonableness of compensation being considered. The compensation committee uses a variety of information and studies that are available to determine that the appropriate level of compensation is being paid to its executives. The compensation committee's decision on the amount of compensation paid is required to be adequately documented in a contemporaneously written format and should document the date of the decision, the members present during the decision and those who voted on it, the full terms of the transaction that was approved and the comparable data used and relied upon to make the decision. This process for these positions was last undertaken in 2020. In addition, a letter regarding the compensation, addressed to the president was signed by the chair of the board and is kept in the hr file.”

“Pci-media makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting it on their website as well as guidestar.org and other similar types of websites. In addition, forms 990 and 1023 as well as the financial statements, conflict of interest, and governing documents are available upon written request.”

“Consulting fees: program service expenses 555,225. Management and general expenses 0. Fundraising expenses 0. Total expenses 555,225. Broadcast production: program service expenses 446,741. Management and general expenses 0. Fundraising expenses 0. Total expenses 446,741.”