Values United

“Board members were provided a draft copy of the 990 and attached schedules for review and approval before the 990 was signed and submitted.”

“The organization regularly updates a list of all parties and interests that could be a conflict for board members. This list is made available to board members for review at any time and provided annually when members reaffirm their commitment to avoiding conflicts.”

“Compensation was reviewed and considered in light of comparability data by disinterested members of the board of directors. Independent corporate counsel reviewed the proposed compensation and advised the board on suitability before it was approved.”

“All governing documents are made available upon request. Copies are made or electronically transmitted to interested parties.”

“The ceo, john tye, received $37,855 in salary compensation in 2019. The board approved an annual salary for mr. Tye of $197,000, but for 2017, 2018 and much of 2019, mr. Tye deferred this salary due to budgetary constraints. When there have been revenue shortfalls, mr. Tye has agreed to defer his salary so the organization can continue its exempt activities in the most effective manner possible. The fourth quarter of 2019 was the first time contributions were sufficient and sustainable enough that mr. Tye felt comfortable taking a salary without an impact on programmatic work. The remainder of mr. Tye's deferred compensation is expected to be paid out in future years when the organization's finances are able to sustain such payments.”

“Values united was incorporated in louisiana in 2009, but initially was inactive as an organization. Due to this inactivity, in 2012 its exempt status was automatically revoked for not filing a return for three consecutive years. In 2017, values united became active and the irs reinstated its exempt status effective march 15, 2017. At that time, values united began doing business as whistleblower aid, focusing its exempt activities on defending human and civil rights secured by law, with an emphasis on protecting the rights of whistleblowers.”

“Values united has a monthly payment plan with the contractor who provided services to the organization from 2017-2018. The unpaid balance accrues interest compounding monthly at a low federal applicable rate.”

“Values united rents an office suite from our ceo, john tye, for $2,000 per month. This suite is dedicated exclusively to the work of the corporation and features work stations, office equipment, and secure storage infrastructure. This arrangement has allowed the organization to meet the demanding confidentiality needs of our clients in an effective and cost-efficient manner. The organization owes john tye $57,800 as of 12/31/2019 for rent payable, which is included on part x, line 17.”