Washington Manufacturing Services DBA Impact Washington

“The draft 990 is reviewed by the president and director of finance and then is provided to the finance committee to approve prior to the president's signing of the return. A complete copy of the form 990 will be provided to all members of the governing body before filing with the irs.”

“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). The policy is included in the employee handbook which employees review each year.”

“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 january 2022.”

“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 2023 the hours totaled 227.”

“Third party client consulting: program service expenses 4,839,190. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,839,190. Other professional services: program service expenses 46,082. Management and general expenses 43,094. Fundraising expenses 0. Total expenses 89,176.”

“Taxpayer has amended form 990 to provide updated narratives on part i, line 1, part iii, line 1, and part iii, line 4a.”