MDC Inc.

“Mdc has engaged amc financial solutions (owned by mark motamen) to provide the services of a chief financial officer. Mdc paid amc financial solutions $87,165 during this fiscal year for such services.”

“The board of directors only maintains minutes for the entire board as a whole.”

“The form 990 is provided to all members of the mdc board of directors and is reviewed in detail by the finance and audit committee of the board of directors.”

“Mdc requires each director to complete a conflict of interest form at its annual meeting held in june each year, confirming that they understand the policy and are in compliance. Any potential conflicts are discussed by the board during the annual meeting.”

“An independent consultant is hired each year to provide benchmarking data for employee compensation and to assist the president in the annual internal equity assessment of the organization's salary structure. The consultant is asked to provide benchmark data which includes other non-profits that are comparable to mdc. The consultant uses data from the chronicle of philanthropy, discussions with organizations in the same field of work that mdc is engaged, various non-profit surveys from multiple sources, etc. Data from the outside consultant is shared with the ceo and cfo. The cfo assists with trend data and recommendations for budgeted salary increases and thresholds, regarding salary compensation for the president, the board of director's executive committee reviews and recommends adjustments once a year at the spring board meeting.”

“Mdc's audited financial statements are available to individual donors, corporations, foundations and others considering a gift or grant to mdc. Mdc's conflict of interest policy and governing documents are available to anyone upon request.”

“Mdc is a catalyst that accelerates equitable change in the south. We research, convene, and provide strategic support to develop strong leaders, disrupt harmful systems, and shape a south where all people thrive. For over 50 years, mdc has advanced equity and equipped southern communities to take on longstanding systemic challenges in education, employment, health, and wealth through: research and analysis: mdc researches and collects economic and demographic data across the south. We analyze this data to create a compelling narrative that tells the story of where the region is at any given moment. Since 1996, the manifestation of that rigorous analysis is mdc's landmark, state of the south report. Systems design for systems change: state of the south informs our work and drives efforts to shift and change systems. At mdc, we interrogate how systems impact people and how they can be shifted or recreated to achieve better outcomes. Equity centered leadership: leaders are the people who design and make systems successful. At mdc, we believe leaders are found everywhere. We seek out leaders where they exist and empower them to speak on behalf of their communities. Mdc cultivates leadership that is collaborative, focused on human dignity, and works to improve the lives of everyone, not just a single class or group.”