Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| Pt VI, Line 2 | BONO AND BOBBY SHRIVER ARE THE CO-FOUNDERS OF (RED). | |
| BONO AND TOM FRESTON WERE DIRECTORS OF (RED) UNTIL FEBRUARY 13, 2012. | ||
| Pt VI, Line 11b | THE FINANCE DIRECTOR PREPARES THE SCHEDULES AND DOCUMENTATION | |
| FOR THE INDEPENDENT AUDITORS TO COMPLETE THE FORM 990. | ||
| ONCE COMPLETED BY THE AUDITORS, THE FORM 990 IS REVIEWED BY THE COO/SECRETARY/TREASURER OF | ||
| THE CORPORATION, THE BOARD'S AUDIT COMMITTEE, | ||
| THE CEO, AND LEGAL COUNSEL. | ||
| Pt VI, Line 12c | SEE ATTACHED STATEMENT B. | |
| Pt VI, Line 15a | ONE ACTION SHARES EMPLOYEES WITH THE ONE CAMPAIGN, A | |
| RELATED SECTION 501(C)(3) ORGANIZATION. THE ONE CAMPAIGN | ||
| IS THE STATUTORY EMPLOYER OF ALL SHARED EMPLOYEES AND ACTS | ||
| AS A COMMON PAYMASTER FOR THE TWO ORGANIZATIONS. AS A RESULT, | ||
| THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION FOR ONE | ||
| ACTION IS THE SAME AS THE PROCESS FOR THE ONE CAMPAIGN, AS | ||
| DESCRIBED HEREIN. AN INDEPENDENT COMPENSATION CONSULTANT | ||
| WAS RETAINED TO REVIEW EXECUTIVE LEVEL SALARIES, INCLUDING | ||
| CEO, COO, EXECUTIVE DIRECTOR AND OTHER SENIOR MANAGEMENT POSITIONS. | ||
| THE FIRM CONDUCTED RESEARCH AND ANALYSIS GLOBALLY AND CREATED THREE | ||
| COMPARABLE GROUPINGS OF NGO'S BASED ON BUDGET, SIZE, MISSION, | ||
| AND LOCATION. THESE WERE USED IN DETERMING ACCEPTABLE | ||
| RANGES FOR EXECUTIVE SALARIES. AN OVERALL COMPENSATION | ||
| POLICY WAS DEVELOPED IN CONJUCTION WITH THIS RESEARCH | ||
| AND REVIEWED BY THE CONSULTANT. THE PROPOSED POLICY | ||
| AND RECOMMENDED RANGES WERE PRESENTED TO THE EXECUTIVE | ||
| COMMITTEE OF THE BOARD OF DIRECTORS, WHICH COMMENTED ON | ||
| AND APPROVED BOTH ITEMS. SALARIES FOR THE CEO AND COO WERE | ||
| APPROVED WITHIN THE RANGES APPROVED BY THE EXECUTIVE COMMITTEE. | ||
| Pt VI, Line 19 | ALL AVAILABLE UPON REQUEST. | |
| Pt VI, Line 4 | ONE ACTION INCREASED THE NUMBER OF DIRECTORS OF THE CORPORATION | |
| TO 17. | ||
| Pt VI, Line 15b | SEE NARRATIVE FOR PART VI, LINE 15A. | |
| Pt VI, Line 6 | THE ORGANIZATION HAS THREE MEMBERS. | |
| Pt VI, Line 7b | MEMBERS OF ONE ACTION MUST APPROVE CHANGES TO THE | |
| ORGANIZATION'S BYLAWS. |
| Software ID: | 12000225 |
| Software Version: |