Poder Latinx

“A draft of the Form 990 was prepared by Birhanie Geleto, CEO of ODA Accounting and Tax Services, LLC, and reviewed internally by the Operations Director and Chief of Staff. Once reviewed, the complete draft was provided to all members of the governing body, including the Executive Director, prior to filing. Board members were given the opportunity to ask questions and provide feedback. Any comments or corrections were addressed before the return was finalized and submitted electronically to the IRS.”

“The compensation for the Executive Director and key employees of Poder Latinx is reviewed and approved annually by the Board of Directors. The organization uses data from comparable nonprofit organizations to ensure compensation is reasonable and aligned with market standards. This may include reviewing salary surveys, compensation data from similar mission-aligned organizations, and guidance from nonprofit compensation studies. The process is documented in board meeting minutes and follows a conflict-free review process where individuals with a potential conflict of interest recuse themselves. The organization adheres to the IRSs rebuttable presumption of reasonableness standards”

“Poder Latinx maintains up-to-date governing documents, including its Articles of Incorporation and Bylaws. The organization regularly reviews and updates these documents as needed to reflect best governance practices and ensure compliance with applicable laws. A complete draft of the Form 990 for the year ended December 31, 2024, was prepared by Birhanie Geleto, CEO of ODA Accounting and Tax Services, LLC, and provided to all members of the governing body prior to filing. Board members had the opportunity to review and comment on the return before e-filing.”

“A large liability recorded at year-end relates to a $3,688,350 erroneous deposit made by Tides Advocacy into our 501(c)(4) account in December 2024. This was an administrative error on Tides Advocacys part and not a grant or income to our organization. The full amount was returned in January 2025, after the fiscal year ended. It remains listed as a liability due to timing. No financial loss or obligation resulted from this transaction.”

“Mission: Empowering Latinx communities to build sustained political power and actively participate in democracy. Through comprehensive voter engagement, issue advocacy, and leadership development, we create lasting change and progressive policies that reflect the needs and voices of Latinx voters to win on environmental, economic and immigration justice.”