Indigenous Peyote Conservation Initative

“The form 990 is prepared by an indepentant cpa and reviewed by staff prior to filing.”

“A conflict of interest is always present whenever the corporation pays money or other compensation, or provides any tangible benefits, to an officer or member of the board of directors or to a member of a directors or officers family. All transactions involving conflicts of interest must be discussed and approved using the following procedures: a) conflict-of-interest transactions must be approved by the full board of directors; b) directors who have a conflict of interest in any matter must a) declare the existence of any direct or indirect conflict of interest, b) disclose the details of the proposed transaction on the record, c) abstain from voting on that matter. The minutes must record this to show that it was done. C) the rest of the board of directors must analyze the transaction and provide sufficient information to ensure that all transactions involving a conflict of interest are fair to the corporation and that no special benefits are being given to any person. The information relied upon by the board of directors, and its source, must be recorded in the minutes.”

“Ipcis process is overseen by the executive director, and the board of directors, through a series of interviews conducted and led by the executive director. The executive director and board use comparable data from other companies compensation to support the determination of compensation for each position.”

“Compensation is determined by the level of responsibility, potential employees location within the united states, the amount of experience in the field, and any personal needs that the potential employee may have.”

“Contracted services 309946. 247956. 30995. 30995.”