Economic Security Project Action Inc

“The organization has one class of members, consisting of the initial member and others who are admitted as members by action of the membership.”

“The members, acting alone and without the action of the board, have the sole authority to appoint, and remove without cause, directors.”

“The members have the sole authority to appoint, and remove without cause, officers and key personnel, approve changes to the mission or purposes of the corporation, approve amendment to the corporation's certificate of incorporation and bylaws, approve any merger, consolidation, membership exchange, conversion, domestication, dissolution, or other change to the structure of the corporation. They also have the sole authority to approve the transfer or sale of all or substantially all of the assets of the corporation, approve the annual budget of the corporation, approve the incurrence of any indebtedness by the corporation outside the ordinary course of business, approve retaining legal counsel and filing suit against the government or specified third parties. Lastly, they have the sole authority to approve conflict of interest transactions between the corporation and a director or officer, and approve any key decisions or contractual arrangements that may affect the reputation or viability of the corporation.”

“The organization did not have any committees with the authority to act on behalf of the board.”

“The form 990 was prepared by outside accountants and reviewed by the treasurer and outside counsel. The final copy of the return was provided to the board prior to filing.”

“The conflict of interest policy covers members, directors, officers, and key employees of the corporation ("covered persons"). A copy of the conflict of interest policy must be furnished annually to each covered person. Each covered person annually signs a statement that affirms that he or she has received a copy of this policy, has read and understands the policy, and has agreed to comply with this policy. Covered persons must annually files a statement with the board of directors that lists any outside employment or consulting work or any board membership or affiliation with other organizations that could constitute a conflict, along with a listing of significant investments owned as defined in the policy. All material facts concerning any situation that might be viewed as a conflict is disclosed to the board of directors by the covered person concerned. No covered person may be present for a vote by the board of directors on any decision or action by the corporation that would directly or indirectly benefit that person, although that person may answer questions or respond to requests for factual information needed for the board to make an informed decision. The board may not approve any transaction in which a covered person has a material financial interest. The minutes of any board meeting at which discussions of potential conflicted transactions take place reflects in detail the deliberations and voting process related to such transactions. Form 990, part vi, section b, line 13: the organization is in the process of implementing a whistleblower policy in the upcoming fiscal year. Form 990, part vi, section b, line 14: the organization is in the process of implementing a document retention and destruction policy in the upcoming fiscal year.”

“The executive director's compensation is reviewed by the board. Compensation is based on compensation history, comparable salaries and level of responsibility. The process was discussed and documented. The last compensation review took place on february 2021.”

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request when required by federal or state law.”

“Natalie foster and dorian warren received compensation for strategic consulting services. These services were unrelated to their board member duties.”

“Media consulting: program service expenses 175,293. Management and general expenses 1,307. Fundraising expenses 0. Total expenses 176,600. Consulting/contracted svcs.: program service expenses 582,129. Management and general expenses 4,341. Fundraising expenses 0. Total expenses 586,470. Public affair consulting: program service expenses 163,779. Management and general expenses 1,221. Fundraising expenses 0. Total expenses 165,000. C3 employees/c4 contractors: program service expenses 75,198. Management and general expenses 14,172. Fundraising expenses 0. Total expenses 89,370.”