Tides Center

“Marc diaz, shelby chestnut, trista harris, regina jackson, ed lloyd, dylan orr, tim wang, cheryl alston, jeffery wallace, and antoinette klatzky are also members of the tides network board of directors, a related organization to tides center. In addition, janiece evans-page, suneela jain, james lum, thresa nelson, and karen caldwell were officers of tides network, as well as employees of tides network.”

“Tides center has one sole member, tides network, a section 501(c)3 organization.”

“Each of the directors of tides center are appointed by the organization's sole member, tides network.”

“Action by the board of directors of tides center on the following matters is effective only with the consent of the board of directors of tides network: (i) any change in the fundamental nature or stated purposes for which tides center is organized, (ii) the adoption of the strategic plans for tides center, (iii) the adoption of the annual capital and operating budgets for tides center, (iv) merger, consolidation or similar reorganization of tides center structure, (v) disposition of all or substantially all of the assets of tides center; (vi) selection of the auditors of tides center; (vii) removal of a director of the corporation without cause; and (viii) amendment, repeal or adoption of the articles of incorporation or bylaws. Tides network, as the sole member of tides center has the sole power to: (i) vote on any amendment to article 4 (sole member) of the bylaws, (ii) the dissolution of tides center, provided tides network shall first solicit the opinion of the board of directors of tides center, and (iii) the selection of chief executive officer of tides center, and (iv) the number of authorized directors and the appointment of directors.”

“The form 990 is prepared by an independent tax accountant in conjunction with the organization's finance and accounting department. The treasurer/cfo and legal counsel, and compliance review a draft of the form 990; adjustments are made as necessary. The form 990 is then sent to the finance committee for review prior to filing.”

“Under the terms of the conflict of interest policy, the directors, officers, and key employees are required to submit conflict of interest disclosure statements on an annual basis. When a potential or actual conflict of interest is identified, disclosure of all material facts must be made to the board of directors and the members of committees with board-delegated powers considering the proposed transaction or arrangement or the chief legal and compliance officer, if the transaction is being contemplated outside of the context of a meeting. If it is determined that a conflict of interests exists, the conflicted individual, may provide additional factual information regarding the affected transaction, but may not participate in or attempt to influence deliberation and voting. The conflicted individual must be excused from the meeting prior to deliberation, and may not return until deliberation and voting on the matter have been concluded. If questions arise with respect to the policy or procedures for disclosing a potential or actual conflict, the matter may be referred to human resources or the legal department.”

“The ceo, officers, and key employees of the organization are all compensated by tides network, a related organization and such persons' legal employer. Through a cost sharing arrangement, tides center pays tides network an allocated portion of such persons' total compensation. As such, form 990, part vi, section b, lines 15a and 15b have been marked"no", as provided by the form 990 instructions. Please reference the disclosure in schedule o of the tides network form 990 for a discussion regarding how compensation is determined for these individuals.”

“The financial statements are provided on the organization's website. The governing documents and conflict of interest policy are not generally provided.”

“Consultants and contract services: program service expenses 46,224,500. Management and general expenses 0. Fundraising expenses 353,431. Total expenses 46,577,931.”