Wellstone Action Fund

“The organization's executive committee consists of the executive director, chair, secretary, and treasurer. The executive committee has the authority to act on behalf of the board between meetings.”

“The sole member of the organization is re:power”

“The sole member of the organization appoints a majority of the organization's board of directors.”

“The form 990 is presented to the executive committee for review and discussion. The executive committee makes a recommendation to the full board of directors to approve or not approve the form 990. The form 990 is provided to all board members for review. After review and discussion, the full board votes to approve or not approve the form 990.”

“Board members are asked to disclose any conflicts of interest annually. In the event a conflict exists, the conflicted member leaves the room while the issue is discussed with the full board. If a conflict of interest is determined to exist, the conflicted board member is allowed to make a case, and the board then discusses whether there is an alternative to the conflict; if the board member will need to end the conflict or take the appropriate action needed to end the conflict. All proceedings related to conflicts of interest are documented in the meeting minutes.”

“The board of directors is responsible for determining and evaluating compensation for the executive director. Compensation is determined through a combination of tenure, performance evaluation, and comparison research of ed compensation of similar organizations. The board of directors executive committee makes a recommendation to set compensation which is then approved by the full board. Key staff compensation is set by the executive director with guidance from the board of directors and managing directors, and is based on a current evaluation of the overall employment market, role description and responsibilities, equitable pay, and overall tenure in the role.”

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

“In 2020, re:power fund launched its first advanced leadership - women of color cohort in line with the goal to center women of color in their work. The advanced leadership cohort was a 6-week cohort and laid the foundation for future programming in this area.”

“Other professional services: program service expenses 314,451. Management and general expenses 33,520. Fundraising expenses 24,641. Total expenses 372,612.”