Ignite Nebraska

“The Form 990 was prepared in draft form by an internally engaged financial consultant. The draft was reviewed by the executive director and other relevant staff. A copy of the completed draft was provided to the board of directors prior to filing, and board members were given the opportunity to review, ask questions, and provide comments. Any necessary revisions were made before the final version was submitted to the IRS.”

“The process for determining compensation of the Executive Director and other officers included review and approval by independent members of the board of directors, use of comparability data from similar organizations, and contemporaneous documentation of the decision-making process. The review typically occurs annually during the budgeting process or when changes in compensation are proposed. Meeting minutes reflecting the deliberations and decisions are maintained in accordance with organizational policy.”

“The process for determining compensation other key employees included review and approval by independent members of the board of directors, use of comparability data from similar organizations, and contemporaneous documentation of the decision-making process. The review typically occurs annually during the budgeting process or when changes in compensation are proposed. Meeting minutes reflecting the deliberations and decisions are maintained in accordance with organizational policy.”

“Ignite Nebraska makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Requests can be made in writing to the organization's main office address. Governing documents and policies are also available for inspection during regular business hours at the organizations principal office.”