Yellow Pages Integrated Media Association

“An amendment to the bylaws that materially and adversely affects a class of membership and dissolution requires approval of the membership.”

“The form 990 is reviewed by the audit committee before filing.”

“All principal officers and committe members must disclose any conflict of interest, including all material facts, to the directors and committee members who will then decide if a conflict of interest exists and if necessary, take appropriate disciplinary and corrective action. On an annual basis, each principal officer and committee member shall sign a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purpose.”

“The president's salary and target bonus opportunity is set forth within a written employment agreement. The board of directors establishes annual written goals for the president. The executive committee of the board, acting as the compensation and benefits committee, consisting of the chair, vice chair and secretary/treasurer, annually review the accomplishments of the president to compare to the goals established by the board. The committee determines the base salary increase, if any, for the prior year's performance based upon the accomplishment of such goals, the financial conditions of the association and its members, and consultation with an independent human resources professional. The decision of the compensation and benefits committee is reported to the board of directors and is reflected in contemporaneously recorded minutes of the meetings. All other staff are part of the annual review and evaluation process. Merit increase amounts for the year are approved by the board of directors during the budget process. The percentage is based on a review of merit increases at board companies and similar associations.”

“Yellow pages integrated media makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“The organization no longer has ownership of a taxable subsidiary (creative outlet) as this entity was sold in 2017.”

“Fringe benefits & payroll taxes 532,166. Service charges & fees 75,319. Temporary help 31,980. Consulting fees 1,188,930.”

“Dues & subscriptions 1,570.”