Initiatives of Change Inc

“Form 990, part vi, section b, line 11b: the draft form 990 will be submitted to the board executive committee for review prior to finalization.”

“Form 990, part vi, section b, line 12c: the conflict of interest policy covers all board members, officers, and other responsible individuals with development and programs and is monitored by the board executive committee. New disclosure forms are signed annually by each of these individuals and the forms are reviewed and maintained by the secretary and assistants secretary. The executive committee reviews each transaction to come before the board for potential or actual conflicts of interest. If potential or actual conflicts (past, present or future) are identified, the executive committee determines how to proceed without conflict. If a topic is being discussed and voted by the board, any person with conflict should recuse themselves from the discussion and voting process. The identified conflicts of interest and recusals are documented in the minutes of each board or committee meeting.”

“Form 990, part vi, section b, line 15b: the process for determining compenstion of the following persons includes a review and approval by independent members of the executive committee. Comparability data used in the review process is obtained from discussions prior to implemenation of current compensation schedule effective january 1, 2013 based on reviews of other initiatives of change organizations and regional living wage data. The deliberations and decisions are documented in the minutes of the applicable board and/or committee meeting. All full time personnel are paid per level of reponsibility, workload and senority based on years of service. Compensation will be reviewed annually including for inflation with colas applied as appopriate. The chairman of the board, secretary and treasurer currently non-compensated positions with services volunteered by current office holders.”

“Form 990, part vi, section c, line 19: upon request”

“Form 990, part xi, line 9, changes in net assets: change in valuation”

“Form 990, part iii, line 1, description of organization mission: initiatives of change, inc. Seeks to inspire, equip and engage citizens in building trust in america and with th rest of the world. It develops and strengthens personal moral and spiritual resources and the practical skills needed to bridge racial, class, regligious and politicaldivisions. It focuses on the role of the individual. The mobilization of diverse terms and their impact on society.”

“Form 990, part 1, line 1, description of organization mission: initatives of change held workshops and seminars to develop and strengthen practical skills to effectively bridge the worlds divides through conflict transformation and reconciliation. Change responsibility taught through local and regional dialogues, public forums, publications, internships and continuing education where participants learn to become change makers for their own community.”