Climate Resolve

“The form 990 is prepared by a local cpa firm. The draft form 990 is reviewed by the executive director and administrative manager. The draft is presented to the board of directors before filing with federal and state taxing authorities.”

“The organization's conflict of interest covers any director, principal officer, or member of a committee of the board of directors, who has a direct or indirect financial interest in an organization, or any such persons' siblings, spouses, descendants, parents or in-laws. In connection with any actual or potential conflict of interest, an interested person must disclose in good faith the existence of the financial interest and be given the opportunity to disclose al l material facts to the board, the executive director, or members of committees considering the proposed transaction or arrangement. After (i) the interested person has disclosed the financial interest, (ii) all material facts regarding the nature of such financial interest, and (iii) the board and any relevant committee has discussed the financial interest with the interested person, the interested person shall leave the board or committee meeting while the board and or committee discuss the potential conflict of interest and vote to determine whether an actual conflict of interest exists. The remaining board or committee members shall decide if an actual conflict of interest exists unless otherwise provided in the bylaws. Procedures for addressing the conflict of interest: 1. After exercising due diligence, the board or committee shall in good faith determine whether the organization can obtain, with reasonable efforts, a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. 2. Unless otherwise provided in the bylaws or required by law, if a more advantageous transaction or arrangement is not reasonably feasible under circumstances not resulting in a conflict of interest, then before consummating the transaction or arrangement, or any part thereof, the board must in good faith and with knowledge of the interested persons financial interest, establish by a majority vote of the disinterested directors whether the proposed transaction or arrangement: (i) is in the organization's best interest, (ii) is for the organization 's own benefit, and (iii) would be fair and reasonable to the organization at the time the organization entered into the transaction or arrangement. 3. An interested person may make a presentation at the board or committee meeting, but after the presentation, that person shall leave the meeting during the discussion of, and the vote approving or disapproving the transaction or arrangement involving the potential conflict of interest, unless otherwise provided in the bylaws. 4. The executive director shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. If the executive director, board or committee has reasonable cause to believe that a person has failed to disclose actual or potential conflicts of interest, it shall inform the person of the basis for such belief and afford the person an opportunity to explain the alleged failure to disclose. If, after hearing the person's response and after conducting further investigation as warranted by the circumstances, the board or committee determines the person has failed to disclose an actual or potential conflict of interest, the board shall take appropriate disciplinary and corrective action.”

“Climate resolves's board of directors has a process for reviewing and approving the compensation of officers and key employees on a annual basis to determine it is fair and reasonable with the goal of retaining employees at compensation levels within appropriate market range. The process for determining the compensation paid to the executive director, officers, and key employees includes the approval of the compensation arrangement in advance, by the board of directors, with all persons with a conflict of interest abstaining from the board's deliberation and discussion. The board reviews data of comparable compensation based on compensation information received from member industry association for executives directors. The documentation of the board includes the terms of the transaction and the date of approval, the members who were present during the debate and vote on the transaction, a description of the comparable data and how it was obtained, and documentation of the basis for the determination.”

“Form 990 is available upon request. Tax law does not require that governing documents, conflict of interest policy, and financial statements be made avaible to the public.”

“Consultant: program service expenses 482,289. Management and general expenses 74,139. Fundraising expenses 33,415. Total expenses 589,843.”

“Staff development: program service expenses 1,861. Management and general expenses 1,547. Fundraising expenses 267. Total expenses 3,675.”