Loyola Press

“The organization has a board of members. The board of members has three members that are appointed by the provincial of the midwest usa province of the society of jesus. Each member shall be a member in good standing of the society of jesus.”

“The organization's board of directors is elected by the board of directors. Five of members of the board of directors are appointed by the board of members.”

“The board of directors approves executive compensation, the annual budget, banking agreements, and any material unbudgeted expenditures. All members of the board of directors have equal voting rights.”

“The form 990 will be reviewed for accuracy and compliance with pertinent rules and regulations by the finance committee chair, chief financial officer, and board chair.”

“Board members, officers and key employees all sign confidentiality and conflict of interest statements acknowledging the responsibility to monitor and report any conflicts of interest. Loyola press relies on this acknowledgement. Should situations arise where there is a potential for conflicts of interest, the organization does proactively review.”

“Review and approval of management compensation is performed by the board of directors. An outside firm, prm consulting group, inc., conducted a market comparability review and internal consistency across departments and positions. Minutes of the board of directors record the deliberation and approval.”

“Organizational documents are made available upon request.”

“Editorial, production, and design services: program service expenses 2,575,175. Management and general expenses 155. Fundraising expenses 0. Total expenses 2,575,330. Market research: program service expenses 110,504. Management and general expenses 280. Fundraising expenses 0. Total expenses 110,784. Professional staff development and training: program service expenses 16,375. Management and general expenses 17,362. Fundraising expenses 0. Total expenses 33,737. Administrative support - temporary: program service expenses 4,830. Management and general expenses 36,759. Fundraising expenses 0. Total expenses 41,589. Other consulting: program service expenses 2,125. Management and general expenses 240,555. Fundraising expenses 0. Total expenses 242,680. Payroll processing and benefits administration: program service expenses 0. Management and general expenses 231,071. Fundraising expenses 0. Total expenses 231,071. Hr and onboarding: program service expenses 0. Management and general expenses 8,341. Fundraising expenses 0. Total expenses 8,341.”

“There is no change from the prior year. Oversight of the audit and selection of an independent accountant are performed by the board of directors or appropriate committees of the board.”