Venice Pride

“Venice Pride has a single primary class of members with voting rights including the Initial Incorporator and others admitted by majority vote. The Board may also designate additional honorary or contributing members without voting rights. Regular annual and special meetings are held with specific quorum and voting procedures and members can be expelled under certain conditions.”

“The members have significant governance roles as they elect the Board of Directors at the annual meeting. Members exercise their voting rights in person by ballot by mail or by proxy. In addition to electing the Board members participate in regular annual and special meetings. There may also be non-voting honorary or contributing members as determined by the Board but these individuals do not have decision-making power.”

“In Venice Pride key governance decisions are shared between the members and the Board of Directors. Members are responsible for electing the Board and determining its size. They also participate in decision-making through their voting rights in various meetings. This setup gives members a significant role in guiding the organizations governance.”

“Venice Prides committees must receive board approval on all financial matters and when acting on behalf of the organization. Minutes are only taken for the board meetings not for the committee meetings.”

“The Board of Directors delegates responsibility for the Form 990 to the President. A Form 990 draft is prepared and the finalized Form 990 is distributed to the Board of Directors prior to filing.”

“The Board of Directors has adopted a Conflict of Interest policy and requires all Directors and Officers to disclose any conflicts or potential conflicts as they arise.”

“Documents are available on the organizations website: venicepride.org Guidestar and on request.”

“Documents are made available upon request.”

“Yes Venice Pride did undertake significant program services in 2022 that were not listed on the prior years Form 990. A detailed description of these events can be found below on Form 990 Part III line 4.”

“DJs: $20,200; Event Coordinators: $7,860; Audio Technicians: $6,000; Photographers: $5,700; Dancers: $5,364; Entertainers: $4,765; Event Producers: $2,300”

“| Description:, Explanation:, Amount:| A prior-period adjustment of $33,942 was made during the year to correct errors related to prior-year accounting entries. The adjustment was recorded as a direct change to beginning net assets to properly reflect the organizations financial position at the start of the year., Adjustment to beginning net assets correction of prior-year entries, $33942|”