Mercy Corps

“Mercy Corps is a member organization with a closed set of members shared with Mercy Corps Europe and Mercy Corps Netherlands and seeks to operate as a single organization consistent with their respective governing laws, documents, and major donor requirements.”

“As a member organization, new directors will be voted in by current members of the joint governing board during an annual member meeting.”

“Under the Governance Agreement the members have a super majority vote requirement for removal of a director, merger or acquisition, or dissolution.”

“The process for approving the form 990 is as follows: The Chief Finance & Administrative Officer (CFAO) will review the form 990 to be presented to the Audit Committee. The Audit Committee will vote on a resolution approving or disapproving the form 990. After the Audit Committee approves the 990, the 990 is emailed to all voting members of the Board of Directors. The approved form 990 will be signed by the CFAO and submitted to the IRS. At the regularly scheduled Board of Directors meeting following the submission, the Audit Committee, the CEO or the CFAO presents the highlights of the 990 to the board and the board votes on a resolution ratifying the Audit Committee's approval of the 990. if Issues are identified at any point, the 990 is sent back to the previous step to ensure the issues are resolved and appropriate changes are made. For example, if the Audit Committee finds an unresolved issue during its review, the Audit Committee will request that the CFAO resolve the issue before the Audit Committee will vote on a resolution approving the 990.”

“Mercy corps distributes a conflict of interest questionnaire (coi) to all officers, directors, or trustees, and key employees of mercy corps on an annual basis and requires a signed declaration to declare conflicts and comply with the conflict of interest policy. Director disclosures are reviewed by the legal department to identify any conflicts of interest. If a conflict of interest is identified, the general counsel is notified and reported to the global controller and the board audit and risk committee as may be required and appropriate. During the year, the board directors are required to recuse themselves from decision where they have a conflict. Mercy corps' ethics and compliance department reviews disclosures by employees for compliance with the conflict of interest policy.”

“Mercy corps compensation practices are intended to be equitable, fair, competitive and reasonable. Officer compensation is determined based on human resource assessment gathered from objective comparison of compensation paid for similar positions by other non-profits of similar size compiled on a regular basis which is reviewed by the compensation committee and recommended for board approval annually in june. The board reviews the assessment to determine reasonableness within the market and approves the compensation for the ceo. The board, per the recommendation of the compensation committee, also provides a range to the ceo for other officer and key employee compensation on an annual basis. The human resources team provides benchmarking information against similar organizations in the sector. Mercy corps engages independent experts on a regular basis to review the salary benchmarking to the industry.”

“See narrative for line 15a.”

“Upon Request, Mercy Corps will provide a copy of its Governance Documents, conflict of Interest Policy, and Audited Financial Statements. Audited Financial Statements and Mercy Corps conflict of interest policy are available on our website.”

“(Expenses $ 30,389,913 including grants of $ 15,895,784)(Revenue $ 29,250) Humanitarian Assistance - Recovery: Mercy Corps supports communities - and the most marginalized within them - to emerge from crisis and build towards a more inclusive, resilient future. During and in the aftermath of conflict and climate-driven crises, Mercy Corps works to help people recover, thrive and build resilience, enhancing the capacities of people, markets, and institutions to handle shocks, reduce risk, build more equitable and responsive systems, and improve wellbeing. In the context of post-crisis recovery, we focus on systems-level change aimed at strengthening local governance, economic, ecological, and social systems that communities rely on.”

“(Expenses $ 28,154,687 including grants of $ 14,726,624)(Revenue $ 27,099) Health - Water and Food Security: In the midst of conflict and climate change, both of which pose significant risks to health, Mercy Corps works to improve health outcomes by ensuring access to safe and nutritious food and clean and safe water. Mercy Corps meets urgent food needs while also building more inclusive and resilient food systems, minimizing the impacts of food crises on households, preventing the destabilization of food systems during conflict and natural disasters, and increasing the resilience of food systems to climate change. This year, Mercy Corps reached nearly 17 million people across over 100 programs working to improve food security in 37 countries. Mercy Corps works to ensure people have equitable and sustained access to clean and safe water as climate change, poor water governance, inadequate water management and inequitable control of resources deepen water insecurity. Whether responding to immediate water and sanitation needs in an emergency by providing access to lifesaving water, sanitation and hygiene services, or overseeing large-scale water infrastructure projects and fostering equitable and inclusive water governance processes, Mercy Corps strengthens the capacity of communities and the water systems they rely on. This year, Mercy Corps reached over 8 million people across 71 programs advancing water security in 29 countries.”

“Eliminate net assets on consolidation of subsidiaries - -3484863; CGA Change in Value - -10673; Currency Remeasurment - -1138564; Total - -4634100;”

“The information on line 1 is summarized by both purpose and region, whereas the counts on lines 2 and 3 include total number of grantees.”