Orlando Economic Partnership Inc

“All compensation is paid through a professional employer organization (peo). No w-2s were issued under the organization's ein.”

“Management reviews the form 990 in detail with the finance and audit committee. The committee approves the final document prior to filing with the irs. The organization's treasurer provides and reports on the 990 to the organization's governing body before it is filed with the irs.”

“All officers, directors, and key employees are annually required to complete a board conflict of interest policy and disclosure form. All are required to disclose conflicts on forms. Only independent board members may participate in the discussion and vote on agenda items. Any director, officer, or member of a committee with board-designated powers who has a direct or indirect financial interest in an item on the agenda that requires board approval, is no longer considered independent and is required to declare such conflict either in writing to the chairman of the board three business days prior to the meeting or verbally during the meeting. Board members with a conflict of interest should recuse themselves from all board discussions and votes on the matter. The disclosure of the conflict will be captured in the meeting minutes.”

“The compensation committee reviewd pay increases for the ceo and other key employees annually to determine any salary increases for the upcoming year. An outside compensation consultant is retained each year to provide data regarding the officers and every 3-4 years to provide comparable data for all positions.”

“All documents are available upon request and on other organizations' websites for the same period of disclosure as set forth by irc section 6104(d).”

“Consultants 337,792. Peo fees 729,246.”

“ROUNDING -1.”