Media Matters Action Network

“Form 990 is reviewed by the cfo, legal counsel, and approved by the president of the organization and forwarded to the board of directors before filing with the irs.”

“All employees and board members are required to disclose any interests that could give rise to conflicts on an annual basis. Individuals with knowledge of possible conflicts of interest must disclose the conflict to the other directors, other members of a committee of the board of directors, or an officer of the organization. Upon disclosure, the remaining directors, or in the event of an employee, the officers of the organization, will gather information and determine whether a conflict exists. If it is determined that a conflict does exist, then the interested person will be recused from any decision making position with regard to the transaction. A transaction, arrangement, or some alternative, may be approved if it is in the organization's best interest and for its own benefit, is fair and reasonable to the organization, and is the most advantageous transaction or arrangement the organization can obtain with reasonable efforts under the circumstances. If an employee, officer, director, or member of a committee with board-delegated powers violates this policy, disciplinary action may be taken including termination of the transaction or arrangement generating the conflict, formal reprimand, suspension or termination of employment, and/or removal from the board as appropriate.”

“The compensation reported on part vii is from an unrelated organization and is based on time the individual spends on the reporting organization's business. These expenses are then reimburesed to the unrelated organization. The unrelated organization used comparative data from other organizations & compensation studies in determining compensation. The board approves the compensation for the president.”

“The organization makes its articles of incorporation and form 990 available upon request.”