Economic Mobility Corporation

“The organization does not have any committees that have the authority to act on behalf of the governing body.”

“The form 990 was provided to the full board of directors via email before filing. All directors were afforded the opportunity to ask questions and offer edits. The decision of whether to make edits was made by senior management with the advice of its fiscal advisors in conjunction with the tax preparer.”

“The organization has a "board approved" conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions. The declarations are reviewed at the board level and a director or officer with a conflict of interest is prohibited from participating in deliberations and decisions regarding the transaction.”

“The board, led by its treasurer, reviews comparable salaries based on a study of other organizations' forms 990 and reviews the performance of the vp. The board deliberates on this matter in executive session. The board, led by its treasurer, reviews comparable salaries based on a study of other organizations' forms 990 and reviews the performance of the executive director. The board deliberates on this matter in executive session.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Payroll processing fees: program service expenses 2,049. Management and general expenses 239. Fundraising expenses 121. Total expenses 2,409. Pension administrative fees: program service expenses 1,789. Management and general expenses 211. Fundraising expenses 105. Total expenses 2,105. Consultants: program service expenses 5,257. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,257. Subcontractors: program service expenses 329,655. Management and general expenses 0. Fundraising expenses 0. Total expenses 329,655.”