Money Management International Inc

“By the affirmative vote of at least seventy-five percent (75%) of the directors, the board of directors may create an executive committee, which shall have and exercise all the authority of the board of directors in the management of the corporation, and may appoint two or more persons, a majority of whom are members of the board of directors, to serve on it. By majority vote, the board of directors may create one or more other committees and appoint members of the board of directors to serve on them. Any such committee may exercise all corporate authority delegated to it by the board of directors except as limited by applicable law.”

“The form 990 is prepared by the organization's public accounting firm based on information provided by management. Once the draft is available, it is reviewed by management and the audit committee and any changes incorporated into the filing. Once this detailed review is complete, the draft of the form 990 is presented to the board of directors for their review and comments prior to filing with the irs.”

“All executives (directors, officers, and key employees) of mmi are bound by a conflict of interest policy and must complete a questionnaire on an annual basis detailing any other interests. The executive must update the disclosure form should any material changes arise during the course of the year. These forms are maintained with other corporate documents by the secretary of the corporation.”

“Mmi has developed and implemented a compensation policy adhering to the standards provided in treasury regulations section 53.4858-6. The policy requires a compensation committee of the board of directors to perform a review and approve compensation for officers and key employees; that the committee obtain and rely upon comparability data and valuation studies prepared by independent executive compensation experts; the committee contemporaneously documents its deliberations and decisions in writing; and must have all compensation decisions approved by the full board of directors. This process is documented annually.”

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

“Money management international (mmi) launched debt resolution services in november of 2024. These services provide consumers with access to a structured and supportive alternative to bankruptcy through negotiated debt settlements”

“Adjustment required 220,804.”

“The process has not changed from the prior year.”