Superchannel Centre Inc

“Claud W. Bowers, Freeda M. Bowers, C. Victor Bowers, and Angela MacKenzie have a family relationship.”

“The Organization's articles of incorporation were updated during the fiscal year ended December 31, 2024. Such updates included the addition of purpose language regarding the Organization's operations as an integrated auxiliary of SuperChannel Worship Ministries, Inc. The Organization also added a statement that the Organization will not have fewer than three directors. In addition, the Organization's bylaws were updated during the fiscal year ended December 31, 2024. Such updates included adding a provision requiring that the Board of Directors of SuperChannel Worship Ministries, Inc. approve any amendments to the Organization's articles of incorporation and bylaws by an eighty percent vote. The Organization also changed the election process for its directors by now requiring that the Organization's Board of Directors be approved by, not elected by, the Board of Directors of SuperChannel Worship Ministries, Inc. The Organization further added protections for Claud Bowers as Chairman and President and Victor Bowers as Vice Chairman and Executive Vice President, indicating that they may not be removed without cause. Moreover, the Organization added an executive compensation policy into its bylaws.”

“The draft Form 990 is reviewed by the Organization's top management official and top financial official before it is filed with the IRS. A copy of the final return is also provided to the voting members of the Organization's governing body prior to its filing with the IRS.”

“The Organization's conflict of interest policy has been distributed to each member of the Organization's governing body, its officers, and its key employees. Each such individual is required to annually disclose any relationships or interests that present a conflict of interest. Any disclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy.”

“The Organization does not pay any direct salaries, and therefore does not have a process for determining compensation as outlined in Form 990, Part VI, Section B, Line 15. The salaries reported in Form 990 Part VII were paid by related organizations, SuperChannel Worship Ministries, Inc. (SWM) and Superchannel Enterprises, Inc. (SEI), which have adopted executive compensation setting policies applicable to the Organization's CEOs, officers, and key employees. Under the policies, independent committees of SWM and SEI Board of Directors annually review and approve the compensation levels of all individuals subject to the policies. The deliberations and decisions of the committees are contemporaneously substantiated. The committees utilize comparability data in their deliberations; which was obtained in a prior year, and which serves as a cap to the compensation amounts permitted to be paid to these individuals.”

“The Organization does not make its Articles of Incorporation, Bylaws, Conflict of Interest policy, or its financial statements available to the general public.”