Economic Inequality Video Project

“Linda ashfield jacob kornbluth finance dir creative dir son-in-law”

“Form 990 will be reviewed by the ceo, treasurer and the organization's outside legal counsel. The form 990 will be shared with all members of the board before it is submitted.”

“The board of directors decides and approves as fair and reasonable to the organization, the total salary and benefits of the executive director. The board, which consists of independent members, has determined fair and equitable compensation based on compensation of executive directors of agencies of similar size, field and location.”

“The executive director determines the salary and/or wages of all other staff, based on current market compensation practices. The board approves the compensation of the finance director/treasurer.”

“Documents are available upon request.”

“Part vii 2a "service contract revenue. This is video production services costs paid by im's affiliated 501(c)(4), inequality media civic action, pursuant to a resource sharing agreement. Form 990, part ix, line 11g line 6 "compensation to disqualified persons" the compensation reported of 85,000 was paid to a former board member, for services rendered. Compensation was also paid to the same former board member in 2017 in the amount of 69,375. However, on the 2017 990 this amount was inadvertently omitted from line 6, and instead included in line 11g, other fees for services.”

“On the original filed 990, grants were reported from moveon.org civic action in the amount of 527,141. This included a grant of 380,000 which was intended to be paid in eight installments between january 2019 and october 2020. After the first two installments were paid, agreement was made to reduce the grant to the amount paid and cancel the remainder of the payments. Thus the grant was reduced by 285,000 to 95,000. At the time this grant was originally recognized, a discount was applied in the amount of 9,191. This has also been reversed, for a net reduction of income in the amount of 275,809 the following amounts have been affected. Form 990 page 1, summary - lines 8 12, 19, 20 and 10 -- all reduced by 275,809 page 9 schedule of revenue - line 1f, 1h, and 12-- all reduced by 275,809 page 11, balance sheet- lines 3, 16, 28 - all reduced by 275,809 schedule a page 2, line 1, 4, 7 and 11-- reduced by 275,809 page 2, line 5 - recalculation to 872,752 schedule b page 2, number 1 - reduced by 275,809”

“Job postings 0 610 0 editors & technicians 104,509 0 0 other consultants 114 0 0 design consultants 70 0 0 total 104,693 610 0”