Pride Industries

“Excluding the President/CEO and CFO compensation review and approval process, all sub-committee recommendations are referred to the board for official action.”

“The accounting department consults with various departments in the compiling of the Form 990. In addition, a nationally recognized CPA firm consults on the preparation and review of the form. The CFO reviews and approves the data and completed form before providing it to the President/CEO and Board members for their review prior to filing.”

“Board members and officers are required to complete an annual disclosure form identifying business interests, employment relationships and property interests, and those of related parties. The President/CEO and Board Chair review the disclosures for potential conflicts of interest and consult legal counsel as necessary. The Board Chair may ask involved individuals to recuse themselves during discussions on any matter related to a potential conflict. No director shall vote on any issue involving a financial or personal conflict of interest, or participate in decisions in matters directly involving related parties. All key employees, including officers, are required to participate in annual training on the organization's Code of Business Ethics, which includes a discussion of conflicts of interest. Training compliance is monitored by electronic acceptance and acknowledgement of the policies within the Company's electronic training platform.”

“Salary surveys of benchmark jobs are used to determine wage ranges of key employees and executives. Market-available wage data, job performance, and current market conditions are used to determine appropriate compensation levels. The company contracts with a leading HR consulting firm to analyze the compensation of certain executives. The Board Compensation Committee of PRIDE Industries reviews surveys from similarly sized nonprofit and for-profit organizations, taking into account relative factors including revenues, employee counts and competitive market position. The Board's Compensation Committee reviews and approves compensation for the President/CEO and CFO. The CFO is excluded from involvement in the process.”

“Audited financial statements, governing documents and conflict of interest policies are made available to the general public upon request.”

“Starting with fiscal year 2022, PRIDE Industries is charging a management fee to affiliated companies. The management fee is disclosed on Part VIII, line 2c. Historically, individual costs were allocated to each entity, therefore compensation was shown allocated between PRIDE Industries and its related organizations on Part VII and Schedule J. Since PRIDE Industries is the common paymaster for its related organizations, compensation for all employees is disclosed as being paid by PRIDE Industries on Part VII and Schedule J.”

“Source America Program Fees: Program service expenses 6,917,522. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,917,522. Contract Disposal Services: Program service expenses 179,022. Management and general expenses 820. Fundraising expenses 11. Total expenses 179,853. Contract Labor: Program service expenses 648,328. Management and general expenses 94,162. Fundraising expenses 0. Total expenses 742,490. Subcontractor Expense: Program service expenses 22,891,839. Management and general expenses 374,346. Fundraising expenses 589. Total expenses 23,266,774. Consulting & Professional Fees: Program service expenses 442,218. Management and general expenses 4,601,885. Fundraising expenses 2,685. Total expenses 5,046,788.”

“$1,590,915 Employee Retention Credit related to calendar year 2020 payroll expenses”