Ipi Action Fund Inc

“Form 990 is reviewed in detail by the president for comments/additional information provided to the tax preparer. Final form 990 is provided to the entire board for review prior to electronic filing.”

“Conflict of interest policy is distributed annually to all directors, officers, and members of board committees. All covered individuals sign an annual acknowledgement that they have received a copy of the policy, understand it, and agree to abide by its terms. To ensure the corporation operates in a manner consistent with exempt purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews may be conducted. The corporation may, but need not, use outside advisors to provide advice for periodic reviews.”

“The organization provides a reasonable and competitive compensation package to its key officers and employees consistent with market-based practices, both in terms of initial compensation and any subsequent increases and avoids violation of the internal revenue code rules prohibiting excessive personal benefit or personal inurement in compensating key officers and employees. When hiring a key officer or employee, compensation and subsequent increase or decrease of compensation is based upon fair market standards, taking into consideration objective factors such as the individual's experience, skills and stature in the field; demands of the organization; comparative date on compensation of individuals with similar experience, skills and stature at similar organizations in the same geographic area, and cost of living in the organization's geographic area”

“All governing documents made available in electronic format upon request.”

“Consultants: program service expenses 143,114. Management and general expenses 0. Fundraising expenses 0. Total expenses 143,114.”