MDC Inc.

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

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

“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 engaged 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 provides benchmark data which includes other non-profits 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 vps. The vp operations and culture 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.”

“990 available upon request and from a third-party site (candid.com). 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.”

“Consultants: program service expenses 659,480. Management and general expenses 204,659. Fundraising expenses 0. Total expenses 864,139.”

“BAD DEBT -6,139.”

“The finance committee assumes responsibility for oversight of the audit. This has not changed from the previous year.”

“Systems design for systems change building on this research, mdc collaborates with communities, nonprofits, coalitions, and public institutions to design and implement solutions that shift systems and policies toward equity. We strengthen capacity, foster collaboration, and provide tools for change through activities such as convening and facilitation, organizational and leadership coaching, policy engagement, and sustainability support. Our efforts are grounded in four focus areas: 1. Economic security & mobility: disrupting barriers to economic opportunity by equipping organizations and partners with equitable approaches and strategies. 2. Educational equity: engaging changemakers to transform systems, practices, and policies from prenatal care through post-secondary education. 3. Equity-centered leadership & philanthropy: promoting practices and partnerships that infuse equity into leadership and philanthropic systems across the south and beyond. 4. Rural prosperity & investment: amplifying the voice, capacity, and power of rural communities to drive equitable systems and policy change. Equity-centered leadership mdc believes leadership for equity exists at every level and in every community. We cultivate and connect leaders who are collaborative, grounded in human dignity, and committed to advancing systems that work for everyonenot just a few. Through training, coaching, and network support, mdc helps leaders and organizations develop the skills, relationships, and courage to challenge inequity and design a south where meaning, dignity, and community are within reach for all.”