Monarch 61 Project Inc.

“A complete copy of form 990 was provided to the organization before return submission”

“An actual or potential conflict of interest occurs when you can influence a decision that may result in a direct or indirect personal gain for you or for an immediate family member because of Monarch 61 Projects work. Any employee or board member must disclose any personal or business interest in transactions with Monarch 61 Project. This includes significant ownership in a firm in which Monarch 61 Project does business.Under no circumstances may you, an immediate family member, a business partner, or any business in which you have financial interest in solicit or receive any bribe, kickback, favor, or anything with a monetary value more than $25, or special consideration from any person having business dealing involving Monarch 61 Project without the express written consent of Monarch 61 Project”

“The Board of Directors is responsible for establishing compensation for the executive director. The board will conduct a review of the executives compensation annually. This review will include a comparison of compensation paid by similarly sized organizations in the same geographical location. In setting the compensation for the Executive Director, the Board, through a committee, will employ non-profit industry best practices and existing compensation surveys in determining appropriate compensation for Monarch 61 Projects executive director. The committee will document its process for the full boards review. The boards committee will consider the following, among other factors: The individuals duties and responsibilities. The number of employees the individual managesThe size The indivuals duties and responsibilities. The number of employees the individual manages. The size of the budet or assets the individual manages. The number of hours worked. Geographical regional. The number of persons served by the organization. The Executive Director will set compensation for the entire organization with consideration of the same factors.”

“The Board of Directors is responsible for establishing compensation for other officers.”

“Every board member will receive and review a copy of the 990 before it is filed with the IRS. The copy provided to the board should be an exact replica of what will be filed with the IRS. The board will review the 990 as part of their duties to ensure that the organization is fulfilling its tax-exempt purpose.”