Houston in Action Network

“The tax return is prepared by an independent accounting firm and is reviewed by the Executive Director. After the Executive Director's review is complete, the tax return is distributed via email to all Directors for review prior to filing with the IRS.”

“The Directors and Officers are covered under the conflict of interest policy. The policy is distributed to all Directors for their signed acknowledgement. When discussion occurs and/or votes are taken in Board meetings and a Director indicates a conflict of interest, the Director leaves the meeting while the remaining Directors discuss and vote upon whether a conflict of interest exists. Such conflicts are noted in the meeting minutes and the Director in question abstains from any vote taken on the conflicted matter.”

“The disinterested Directors (1) review comparable compensation for similarly situated executives, (2) approve the compensation by a vote of disinterested Directors, and (3) document such approval within sixty (60) days of the vote approving such compensation and take any other action necessary to cause the compensation to fall within the rebuttable presumption of reasonableness of Treasury Reg. Sec. 53.4958-6.”

“Copies of the organization's governing documents, conflict of interest policy and financial statements are made available upon request.”

“Houston in Action Network (HiA) facilitates the collective action of people and organizations coming together to promote community leadership and break down systemic barriers to civic participation so that every resident, regardless of social identity, has equal opportunity to participate and have a meaningful impact on civic life.”

“Prior period adjustment to accrued expenses, pledges receivable -407,214.”