| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND IS REVIEWED AND APPROVED BY MANAGEMENT FOR ACCURACY. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS OF IER PRIOR TO FILING. THE FORM 990 IS REVIEWED AND SIGNED BY THE PRESIDENT FOR FILING BY THE DEADLINE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
AS A GENERAL RULE, THE ORGANIZATION DOES NOT ENTER INTO BUSINESS TRANSACTIONS WITH MEMBERS OF THE BOARD OF DIRECTORS AND REVIEWS ALL TRANSACTIONS FOR POTENTIAL CONFLICTS OF INTEREST. IF MANAGEMENT OR THE BOARD OF DIRECTORS BELIEVES A CONFLICT OF INTEREST EXISTS, THE CONFLICT OF INTEREST POLICY PROVIDES FOR SPECIFIC PROCEDURES TO ADDRESS THE CONFLICT. INDIVIDUALS COVERED UNDER THIS POLICY INCLUDE OFFICERS, DIRECTORS, AND A MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS. CONFLICTS WHICH MUST BE REPORTED INCLUDE TRANSACTIONS WITH THESE INDIVIDUALS, MEMBERS OF THEIR FAMILY, ENTITIES IN WHICH THEY HAVE AN INVESTMENT IN OR RECEIVE COMPENSATION FROM, AND ANY RELATIONSHIPS IN WHICH THE BOARD OF DIRECTORS IN ITS SOLE DISCRETION BELIEVES MAY OR DOES CREATE A CONFLICT OF INTEREST. THE POLICY SETS FORTH A REQUIREMENT TO DISCLOSE THESE CONFLICTS. THE GOVERNING BOARD MAKES ALL DECISIONS REGARDING THE DETERMINATION THAT A CONFLICT IN FACT EXISTS AND IN THE DETERMINATION OF THE APPROPRIATE COURSE OF ACTION TO RESOLVE THE CONFLICT. THE PARTY WITH THE POTENTIAL CONFLICT MAY PRESENT HIS OR HER CASE TO THE BOARD OF DIRECTORS, BUT MAY NOT BE INVOLVED IN THE DELIBERATION AND FINAL VOTE OR ACTION OF THE BOARD OF DIRECTORS. EMPLOYEES ARE ALSO SUBJECT TO A CONFLICT OF INTEREST POLICY CONTAINED IN THE EMPLOYEE MANUAL. SIMILAR TO THE PROCESS DESCRIBED ABOVE, THE GOVERNING BOARD AND/OR PRESIDENT MAKE ALL DECISIONS REGARDING THE DETERMINATION THAT A CONFLICT IN FACT EXISTS AND THE BOARD OF DIRECTORS DETERMINES THE APPROPRIATE COURSE OF ACTION TO RESOLVE THE CONFLICT. THE PARTY WITH THE POTENTIAL CONFLICT MAY PRESENT HIS OR HER CASE TO THE PRESIDENT AND/OR BOARD OF DIRECTORS, BUT MAY NOT BE INVOLVED IN THE DELIBERATION AND FINAL VOTE OR ACTION OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE PROCESS USED BY IER TO DETERMINE THE COMPENSATION OF THE CEO IS BASED UPON COMPARABLE SALARIES FOR EXECUTIVES WITH SIMILAR EXPERIENCE AND RESPONSIBILITIES IN THE NONPROFIT SECTOR AND IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD ALL OF ITS ACTIONS SINCE THE LAST BOARD MEETING. DELIBERATION AND APPROVAL OF THE SALARY IS MADE DURING AN EXECUTIVE SESSION AND INSTRUCTIONS AS TO THE SALARY LEVEL OF THE PRESIDENT ARE MADE IN WRITING BY A MEMBER OF THE EXECUTIVE COMMITTEE TO MANAGEMENT. SALARIES FOR TOP MANAGEMENT ARE ALSO BASED ON COMPARABLE SALARIES OF SENIOR LEVEL MANAGERS IN THE NONPROFIT SECTOR USING FORM 990'S FROM COMPARABLE ORGANIZATIONS AS WELL AS PUBLISHED SALARY SURVEYS. THE RECOMMENDED SALARIES ARE PROPOSED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR APPROVAL. COPIES OF THE SALARY INFORMATION USED IN DETERMINING THE SALARY LEVELS ABOVE AND DOCUMENTS NOTING THE APPROVED SALARIES ARE MAINTAINED AT THE CORPORATE HEADQUARTERS OF IER. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION, UPON REQUEST, MAKES AVAILABLE TO THE PUBLIC ITS FORM 990 AND ALL OTHER DOCUMENTS REQUIRED BY LAW. FINANCIAL STATEMENTS AND ANY POLICY DOCUMENTS ARE PROVIDED TO INTERESTED PARTIES, SUCH AS FUNDERS, UPON REQUEST. THE BOARD RESERVES THE RIGHT TO EVALUATE THE NECESSITY OF EACH SUCH REQUEST FOR FINANCIAL STATEMENTS AND POLICY DOCUMENTS AND TO DETERMINE, IN ITS SOLE DISCRETION, WHETHER TO RELEASE THESE DOCUMENTS TO AN OUTSIDE PARTY. |
| FORM 990, PART IX, LINE 11G |
RESERACH/WRITING: PROGRAM SERVICE EXPENSES 258,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10,000. TOTAL EXPENSES 268,000. CONTRACT CONSULTANT FEES: PROGRAM SERVICE EXPENSES 23,499. MANAGEMENT AND GENERAL EXPENSES 5,239. FUNDRAISING EXPENSES 6,001. TOTAL EXPENSES 34,739. NEW MEDIA AND IT CONSULTING AND SERVICES: PROGRAM SERVICE EXPENSES 64,206. MANAGEMENT AND GENERAL EXPENSES 33. FUNDRAISING EXPENSES 673. TOTAL EXPENSES 64,912. |
| FORM 990, PART XI, LINE 9: |
PPP FORGIVABLE LOAN 173,700. |
| FORM 990, PART XII, LINE 2C |
THE ORGANIZATION NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |
Attach to Form 990 or 990-EZ.