Poweroptions Inc

“In august of 2016, poweroptions amended their articles of incorporation to modify their organizational status from a section 501(c)(3) to a 501(c)(4) as further described below. The corporation is organized exclusively for social welfare activities within the meaning of section 501(c)(4) of the internal revenue code and beneficial to the public interest and welfare, including, without limitation, educating, informing, and assisting non-profit social welfare organizations, schools, public housing authorities, and governmental entities in managing their energy costs and reducing the environmental impacts of such energy use, through group buying solicitations, energy conservation, demand reduction, and procuring renewable energy resources. In so doing, the corporation supports the reduction of energy costs to the public, government, and non-profit organizations, while reducing pollution, which, in turn, relieves them of financial burdens which would otherwise interfere with the fulfillment of their public purpose.”

“Form 990, part vi, line 11 - form 990 review process - the form 990 is reviewed and approved by the audit committee and is distributed to the board prior to filing.”

“Form 990, part vi, line 12c - conflict of interest policy - trustees, officers and employees are required to complete and return an annual conflict disclosure questionnaire distributed by poweroptions and maintained in the organization's records.”

“Form 990, part vi, line 15 - executive compensation - the compensation committee of the board has the responsibility for reviewing and making recommendations to the board for the compensation of officers of the organization. Compensation is reviewed periodically. A salary survey is conducted by an independent third-party firm that uses a proprietary job evaluation model”

“Form 990, part vi, line 19 - public availability of organization documents - all documents are available upon request within the timeframes as required.”

“Other: program service expenses 52,096. Management and general expenses 0. Fundraising expenses 0. Total expenses 52,096. Payroll and pension consultants: program service expenses 0. Management and general expenses 17,079. Fundraising expenses 0. Total expenses 17,079. Energy consultants: program service expenses 355,315. Management and general expenses 0. Fundraising expenses 0. Total expenses 355,315. Solar consultants: program service expenses 5,580. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,580.”

“The process has not changed from the prior year.”