The562 Network Inc

“Sharleen Chiyeko Higa is the spouse of our founder and key employee, Michael Guardabascio. Sharleen is an important member of our Board of Directors and provides invaluable leadership and direction for our mission and work. Her experience as a public school educator is extremely valuable to our Board and our leadership. Sharleen recuses herself from voting and decision making concerning Mr. Guardabascio's employment, compensation or benefits.”

“The president of the board provided a copy of the draft Form 990 to all members of the board of directors for review prior to filing. Members of the board provided their consent and approval to file the final draft on a unanimous vote.”

“Each member of the board of directors is required to annually provide a signed Conflict of Interest Disclosure Form.”

“The organization currently employs three leaders responsible for executing the mission. All three employees are journalism and communications professionals who are paid commensurate with the wages earned at other organizations for similar positions. A review of the wages paid by other non-profit organizations for similar leadership positions have also been found by the board of directors to be commensurate with the wages paid to our three employees and could not be viewed as excessive by any standard--especially for organizations based in Los Angeles County.”

“The organization's Form 990 is available to anyone upon request. We also provide copies of our Form 990 and other reports to grant making individuals and organizations by regular practice, as well as to other key stakeholders in the community.”

“Our organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. Any member of the community can request these documents, and we regularly provide copies of these documents to our funding partners and stakeholders in the community.”