Impact Seven Incorporated

“The audited financial statements upon which the form 990 is based are approved by the board of directors. The board president and chief financial officer review the form 990 prior to filing.”

“Impact seven, inc. Maintains a conflicts of interest policy for all employees and all board directors. An individual with a perceived or actual conflict of interest is prohibited from participating in any discussion or decision relating to the conflicting issue. All employee conflicts of interest are reviewed by the ceo, any conflicts of interest related to the ceo are reviewed by the board of directors, and any board of director conflicts of interest are reviewed by the remaining board directors without a conflict. Subsequent to any review, appropriate action is taken depending on the specific circumstances involved. Additional policy details are in the organizations personnel policies, financial policies and board policies.”

“In 2017 the board of directors hired an independent compensation consultant to evaluate executive compensation which included a comparable analysis comprised of data from multiple industry sources to ensure wages and benefits for executives did not exceed market averages. Ceo compensation was established and approved by the executive committee of the board of directors, and reviewed by the full board of directors. This process for determining compensation is repeated every three years.”

“Documents are located at the main office and are provided upon request.”

“Impact seven, inc. Has a committee which assumes responsibility over the audits, reviews and compilations of its financial statements, as well as the selection of the independent accountant. The oversight and selection process has not changed from the prior year.”

“Taxpayer's name: impact wisconsin, llc taxpayer's address: c/o impact seven, 2961 decker drive, rice lake, wi 54868 taxpayer's ein: 45-1445469 taxpayer elects to not be treated as a tax-exempt controlled entity. This election was effective for all macrs property placed in service during 2011 and subsequent years, including property placed in service by passthrough entities.”