Rethink Coalition Inc.

“The executive team of the Board reviews and approves the 990 prior to filing. The return is then circulated to the entire board for awareness.”

“Officers and directors were asked to review the conflict of interest policy and report any conflicts as they arose in addition to signing the annual certification of no conflicts.”

“The only officer compensation is of the CEO / President, who works as an independent contractor. The conflict of interest policy is followed. The policy has compensation-setting procedures to determine the amount. In reviewing compensation, the Board shall take into account (a) the levels of compensation paid by similar organizations within the community (tax-exempt and taxable) for functionally comparable services, (b) the value of the services being rendered, and (c) relevant experience of the individual providing the services. In general, compensation is reasonable if it is an amount that would ordinarily be paid for like services by like enterprises under like circumstances. The director, officer, or employee who will receive the compensation shall not participate in the Board's vote. However, the person may provide the Board with compensation data and information that the Board considers in making its decision. Payments under a compensation arrangement are presumed to be reasonable if the Board: 1. Approves the terms of the arrangement in advance and no person with a possible Conflict of Interest participates in the Board's decision; 2. Relies upon appropriate comparability data in making its decision; and 3. Creates a record of its discussion and decision.”

“Documents are available upon request.”

“Urban Design Services $72,000. Website and Technical Communication Services $11,906. Historical Research Services $10,375. Research and Community Engagement Services $10,345. Print Communication and Social Media Services $9,000. Community Engagement Services $7,500. Finance, Economic Development and Governance Consulting Services $2,909. Video Production Services $800. Fundraising software services. $570.”

“The organization discovered that certain expenses were omitted from the prior year reporting, resulting in an overstatement of net assets of $5622. This adjustment reflects a prior year correction and does not impact the current year results.”