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
INCLUSIVE PROSPERITY CAPITAL INC
 
Employer identification number

83-0808658
Return Reference Explanation
FORM 990, PART V, LINE 2A INCLUSIVE PROSPERITY CAPITAL USES PROFESSIONAL EMPLOYER ORGANIZATION SERVICES TO PERFORM WITHHOLDING, REPORTING AND PAYMENT FUNCTIONS AND THEREFORE INCLUSIVE PROSPERITY CAPITAL DOES NOT ISSUE A W-3. EMPLOYEES ARE TREATED AS COMMON LAW EMPLOYEES FOR THE PURPOSES OF FORM 990, PART VII AND PART IX.
FORM 990, PART VI, SECTION B, LINE 11B DRAFT 990 IS REVIEWED BY CHIEF FINANCIAL OFFICER, FOCUSING ON NUMERICAL DATA. THE 990 IS ALSO REVIEWED BY THE CEO AND CHIEF INVESTMENT OFFICER. AFTER STAFF REVIEW, THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C THE CFO DISTRIBUTES THE CONFLICT OF INTEREST POLICY ANNUALLY, REQUESTING WRITTEN ACKNOWLEDGEMENT.
FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING THE COMPENSATION FOR THE ORGANIZATION'S CEO AND MANAGEMENT TEAM ALONG WITH THE ORGANIZATION'S OTHER EMPLOYEES IS DONE ANNUALLY IN CONJUNCTION WITH THE PREPARATION OF THE ORGANIZATION'S ANNUAL OPERATING BUDGET. THIS PROCESS INCLUDES SETTING MERIT INCREASES FOR EXISTING EMPLOYEES, PROMOTIONS FOR EXISTING EMPLOYEES AND PROPOSED COMPENSATION FOR NEW HIRES AS THE NEED ARISES. THE ORGANIZATION BASES ITS JOB TITLES, CAREER LADDERS AND COMPENSATION RANGES FOR JOB TITLES BASED ON A STUDY CONDUCTED BY AN INDEPENDENT CONSULTING FIRM. THE ORGANIZATION'S BOARD REVIEWS THE PROPOSED COMPENSATION FOR THE UPCOMING YEAR AND VOTES TO ADOPT THE PROPOSED COMPENSATION WHICH IS MEMORIALIZED IN THE MINUTES TO THE BOARD MEETING
FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19 THE CFO DISTRIBUTES THE CONFLICT OF INTEREST POLICY ANNUALLY, REQUESTING WRITTEN ACKNOWLEDGEMENT.
FORM 990, PART XI, LINE 9: MEMBER CONTRIBUTIONS 1,442,313. MEMBER DISTRIBUTIONS -58,496.
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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