SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
PRODUCTIVE ALTERNATIVES INC
 
Employer identification number

41-0844951
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRMAN OF THE BOARD, SECRETARY AND TREASURER. ITS PURPOSE IS TO PERMIT BOARD ACTION ON URGENT MATTERS AND TO PERFORM SUCH FUNCTIONS AS MAY BE ASSIGNED TO IT BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO EXERCISE ALL THE POWER TO THE BOARD, PROVIDED THAT THE CHAIRMAN SHALL CERTIFY THAT THE ACTION TAKEN BY THE EXECUTIVE COMMITTEE IS OF SUCH URGENCY THAT IT CANNOT WAIT UNTIL THE NEXT REGULAR MEETING OF THE BOARD, AND THAT IT IS NOT POSSIBLE TO CONVENE A SPECIAL MEETING OF THE BOARD IN SUFFICIENT TIME TO ACT UPON SUCH A MATTER. ANY ACTION OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED AT THE FIRST REGULAR MEETING OF THE BOARD WHICH FOLLOWS THE ACTION OF THE EXECUTIVE COMMITTEE. MEETINGS OF THE EXECUTIVE COMMITTEE MAY ONLY BE CALLED BY THE CHAIRMAN AT THE REQUEST OF ANY OFFICER. A QUORUM SHALL CONSIST OF AT LEAST THREE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 6 EACH MEMBER OF THE CORPORATION MUST BE AT LEAST 18 YEARS OLD, AND ALL ABOVE SUCH AGE PERSONS, REGARDLESS OF GENDER, RACE, OR ETHNIC BACKGROUND WHO ARE INTERESTED IN PROMOTING AND FURTHERING THE PURPOSE OF THE CORPORATION ARE ELIGIBLE TO BECOME MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE CORPORATION PRESENT AT ANY MEETING OF THE MEMBERSHIP SHALL BE ENTITLED TO CAST A VOTE. THERE SHALL BE NO VOTING BY PROXY NOR VOTING BY MAIL. DIRECTORS SHALL BE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY MANAGEMENT, OFFICERS, AND BOARD MEMBERS PRIOR TO THE FILING OF THE 990.
FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ARE REQUIRED TO FILL OUT NEW FORMS, AND NEW PERSONS COMING ON THE BOARD ARE ASKED TO FILL OUT A FORM AS WELL. IF A CONFLICT OF INTEREST EXISTS, THE REMAINING BOARD MEMBERS WILL DETERMINE IF THE CONFLICT IS RECOGNIZABLE. DIRECTORS WHO PERSONALLY OR PROFESSIONALLY PRESENT A POTENTIAL CONFLICT OF INTEREST RECOGNIZED BY THE BOARD SHALL ABSTAIN FROM VOTING ON ISSUES INVOLVING SUCH RECOGNIZED POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION - THE EXECUTIVE COMMITTEE OF THE BOARD RECOMMENDS A SALARY BASED ON COMPARISONS FROM THE GUIDE PRINTED BY THE MINNESOTA COUNCIL OF NONPROFITS, AND THAT RECOMMENDATION IS APPROVED BY THE FULL BOARD. THIS WAS LAST PERFORMED IN 2022. OFFICER/KEY EMPLOYEES COMPENSATION - THE PRESIDENT MAKES A RECOMMENDATION TO THE HUMAN RESOURCE COMMITTEE BASED ON COMPARISONS FROM THE GUIDE PRINTED BY THE MINNESOTA COUNCIL OF NONPROFITS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023.
FORM 990, PART VI, SECTION C, LINE 19 PUBLIC MAY REQUEST TO VIEW DOCUMENTS DURING REGULAR BUSINESS HOURS AT THE ORGANIZATION'S PLACE OF BUSINESS.
FORM 990, PART XI, LINE 9: TO ROLL FORWARD NET ASSETS 14,271.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


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