Southwest Economic Solutions Inc

“Southwest economic solutions is a wholly-owned subsidiary of southwest solutions, the parent company.”

“Board members are appointed by southwest solutions board of directors. Nominees are proposed by southwest economic solutions board of directors.”

“The organization requires certain matters to be voted on not only by the governing body reported on form 990, part vii, but by the governing board of southwest solutions, inc. Dba miside community impact network. The decisions requiring this approval include, but are not limited to, the following: budget approval, bylaws revisions, formation of a new company, and capital acquisitions greater than $250,000. Each governing board member will get one vote on those matters.”

“The 990 was prepared by an independent accounting firm. The 990 was reviewed by the financial controller and provided to the board of directors for their review prior to the filing of the form 990 with the irs.”

“Annually the conflict of interest policy is provided to the board members for review and approval. In addition, the disclosure statement is completed on an annual basis by all board members. If there are any conflicts of interest, the board member would abstain from voting. All southwest economic solutions employees and board members are subject to the conflict of interest policy.”

“Compensation of the ceo is set by the compensation committee of southwest solutions, a related organization. The agency participates in annual salary surveys based on agencies similar in size and revenues and consults with salary compensation specialists to determine compensation for the ceo. All compensation must be approved by the board of directors. While an annual review is done, salaries are adopted for three years. The ceo reviews the compensation study engaged by southwest solutions, evaluates performance, and determines compensation for the executive director.”

“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Other professional fees: program service expenses 147,045. Management and general expenses 4,713. Total expenses 151,758. Aso fees: program service expenses 651,011. Total expenses 651,011.”