Team Impact Inc

“John calnan and tim kelly have a business relationship.”

“The finance & audit committee, board treasurer, c.e.o., and director of finance & operations, as well as the outsourced accountant, all review the form 990 in detail before it is filed. The finance & audit committee approves the final version of the form 990 for filing, and provides approved copies of the return to all board members prior to filing.”

“Team impact regularly reviews transactions and discusses all aspects of the organization with the board of directors as well as management. All officers, directors, members of a committee and key employees are covered under said policy. Covered persons must disclose the existence of their financial or personal interest and all material facts to the directors, officers, and members of any committees with board-delegated powers considering the proposed transaction or arrangement. Determinations of whether a conflict of interest exists are made at the board level, with assistance from committees, with the interested person's absence from discussions and determination. Records of the proceedings shall be captured in the board or committee meeting minutes. Annual statements shall be executed by all such covered persons following the annual board meeting each year. Restrictions imposed on persons with a conflict, if one is determined to exist, include prohibiting the party with conflict from participating in discussion of, and the deliberation and vote on, the transaction or arrangement that gave rise to the conflict of interest.”

“Team impact has a regular review process related to c.e.o./e.d. Compensation by an executive compensation committee, last undertaken in fy18 at the q4 board meeting. Review and approval by the executive compensation committee included the use of comparable data for similar positions in similar organizations, including publicly available 990 filings and internet resources as well as contemporaneous documentation of deliberations and decisions kept in corporate records. There are currently no other employees who meet the irs definition of an officer or key employee.”

“In compliance with irs requirements, team impact makes their annual form 990 filing available to the public upon written request to the organization, led by their audit and finance committee. In addition, team impact publishes their yearly audited financial statement(s) and form 990(s) on their website. The organization's governing documents and conflict of interest policy are not made available to the public.”