Latino Media Collaborative

“Latino media collaborative's president reviews the form 990 for accuracy. Subsequently form 990, complete with all schedules, is then provided to the full board before filing with the irs.”

“Latino media collaborative (the "corporation") has a conflict of interest policy that requires its directors, officers, employees and volunteers to observe high standards of business and personal ethics in the conduct of their duties and responsibilities. An interested person shall make an appropriate disclosure of all material facts, including the existence of any financial interest, at any time that any actual or potential conflict of interest arises. This disclosure obligation includes instances in which an interested person who is a director knows of the potential for a self dealing transaction or a transaction involving common directorship related to his or her interests. It also includes instances in which the interested person plans not to attend a meeting of the board or a board committee with governing board delegated powers (a "committee") at which he or she has reason to believe that the board or committee will act regarding a matter about which he or she may have a conflict. Depending on the circumstances, this disclosure may be made to the secretary of the board, or, if the potential conflict of interest first arises in the context of a board or committee meeting, the entire board or the members of the committee considering the proposed transaction or arrangement that relates to the actual or possible conflict of interest. In addition, interested persons are required to make an annual disclosure of on-going relationships and interests that may present a conflict of interest. If an interested person becomes aware of any potential self dealing or common directorship transaction or other conflict of interest involving another interested person, he or she should report it to the board. After disclosure of all material facts and any follow-up discussion with the interested person with a potential conflict of interest, a determination is made about whether a material financial interest, self dealing transaction or other kind of actual conflict exists. If the potential conflict is first disclosed during a board or committee meeting at which the interested person with the potential conflict is in attendance, the interested person shall leave the meeting while the determination of whether a conflict of interest exists is either discussed and voted upon or referred to committee for further consideration. If it is determined that an actual conflict of interest exists which also constitutes a "self dealing" transaction, then the transaction or matter in question can only be authorized if approved by a vote of a majority of directors in office. If it is determined that an actual conflict of interest exists which is not a "self dealing" transaction, but involves participation by the interested person in decisions or negotiations related to a material contract, transaction or other matter between the corporation on the one hand and (i) the interested person, (ii) an entity in which the interested person or a family member of such person has financial interest, or (iii) an entity with which the interested person has an agency relationship on the other hand, then the matter in question can only be authorized if approved by the majority of the board or committee members present at the meeting. In all other circumstances where it is determined that an actual conflict of interest exists, the decision-making body will recommend an appropriate course of action to protect the interests of the corporation. All disclosures and the outcome of the deliberation about whether a conflict of interest exists will be recorded in the minutes of the appropriate deliberative meeting. Prior to voting on a contract, transaction or matter in which an actual conflict of interest is found to exist: (a) the interested person may make a presentation at the board or committee meeting at which such transaction is being considered, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arran”

“Current federal tax law does not require that the organization make its governing documents, conflict of interest policy or financial statements available to the public. However, the organization may provide one or more of these documents upon written request.”

“Hr consultant: program service expenses 0. Management and general expenses 5,643. Fundraising expenses 0. Total expenses 5,643. Journalist/editor/social media: program service expenses 154,644. Management and general expenses 0. Fundraising expenses 0. Total expenses 154,644. Development consultants: program service expenses 0. Management and general expenses 0. Fundraising expenses 65,667. Total expenses 65,667. Administration expenses: program service expenses 34,300. Management and general expenses 28,812. Fundraising expenses 7,350. Total expenses 70,462. Payroll fees: program service expenses 0. Management and general expenses 204. Fundraising expenses 0. Total expenses 204.”