Washington Manufacturing Services DBA Impact Washington

“The draft 990 is reviewed by the president and controller and is provided to the finance committee to approve prior to the president's signing of the return.”

“The board has a "no conflict of interest" policy and engages in no transactions which present a conflict of interest, either in fact or appearance. Each board member and key employee completes a policy form, reviewed annually. Per the conflicts of interest policy, any actual or potential conflict of interest must be disclosed to the board of directors in writing by the interested person (any director or principal officer who has a direct or indirect financial interest in a given transaction or arrangement).”

“There is a compensation committee that is a subpart of the board that reviews the methodology used and approves that process. Should the compensation determined by management be outside the parameters in the procedures, management would request approval per the procedure. The board members on the compensation committee review the president's performance against the annual organizational goals and objectives and provide a performance rating that is then applied to the compensation increase table to determine the salary increase. Similarly all other staff receive performances reviews which are reviewed by the president and the performance rating is applied to the compensation increase table to determine the salary increase. The date of last compensation review is december 2018.”

“All governing documents, conflicts of interest policy, and financial statements are available upon request.”

“Each board member submits reports with the hours they serve after each board meeting or board related function. During 2018 the hours totaled 361.”

“Third party client consulting: program service expenses 1,839,237. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,839,237. Consultants: program service expenses 0. Management and general expenses 21,423. Fundraising expenses 0. Total expenses 21,423.”