Equality Florida Action Inc

“Form 990 is first reviewed by the ceo, treasurer, and finance committee. The form is then distributed to the full board of directors for review and comment prior to filing.”

“Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the actual or possible financial interest immediately upon discovery. Procedures for addressing the conflict are documented in the minutes. The minutes shall contain: (a) the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interst was present, and the decision as to whether a conflict of interest in fact existed; and (b) the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings. The conflict of interest policy is reviewed annually with all interested persons.”

“The ceo's compensation is reviewed and approved by the board of directors. The process includes approval by persons without a conflict of interest, use of comparability data, and recording compensation deliberations. Relevant information may include, but is not limited to, compensation levels paid by similarly situated organizations for functionally comparable positions, the availability of similar services in the geographic area of the organization, current compensation surveys compiled by independent firms, and actual written offers from similar institutions competing for the services of the compensated person. Review and approval is promptly recorded in the minutes and contain: (a) the terms of the compensation and date approved; (b) the names of the members who were present and voted on the compensation; (c) the comparability data obtained and relied upon, and how it was obtained; (d) any action taken with respect to consideration of the compensation by a member who had a conflict of interest with respect to the compensation; and (e) if the reasonable compensation is higher or lower than the range of comparability data obtained, and the basis for the decision. The current salary of our ceo has been found to be in the mid-range of researched salaries.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The organization's employees are compensated by equality florida institute, inc. (efi), a related 501(c)(3) organization. Eqi files all payroll related returns (ein: 59-3435235). The salaries and related expenses reported in part ix, lines 5 through 10, represent the employee expenses allocated to this organization.”