National Community Land Trust

“Classes of members or stockholders grounded solutions network members are united states-based nonprofit organizations, public agencies, and individuals that share its vision for a future where everyone has access to a home they can afford in economically and racially diverse communities of opportunity that foster better health, academic, and economic outcomes.”

“Election of members and their rights members have the right to participate in the nomination and election of a portion of the board of directors.”

“Decisions subject to the approval of members member with full voting rights shall involve nonprofit organizations, governmental entities, or individuals that support the mission and purpose of the corporation, are current in the payment of dues, and meet the membership criteria defined by the board of directors. The assent of the membership shall be required before action may be taken regarding the amendment of the articles of incorporation or the bylaws, or the dissolution of the corporation.”

“Organization's process to review form 990 the 990 is reviewed by key staff and the audit committee. The board of directors approves the 990-tax form.”

“Enforcement of conflicts policy the organization conducts trainings with staff and board about the conflict of interest policy. The organization requests that all board and staff members disclose any conflicts at minimum once per year via an annual disclosure form, and immediately as they arise. Staff and executive leadership monitor and disclose potential board conflicts as they arise in conjunction with programmatic work. The organization also reviews and monitors potential stated conflicts in accordance with adopted policy.”

“Compensation process for top official the board reviews and approves compensation for the chief executive officer.”

“Governing documents disclosure explanation: available upon request.”

“Professional technology fees: program service expenses 161,071. Management and general expenses 3,959. Fundraising expenses 7,124. Total expenses 172,154. Program consultants: program service expenses 1,143,390. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,143,390. Other professional fees: program service expenses 262,816. Management and general expenses 39,718. Fundraising expenses 6,760. Total expenses 309,294.”

“The return was amended to correctly reflect the other exempt purpose expenditures and the 4-year averaging period on schedule c, part ii-a line 1d and 2a - 2f.”