2024-11-15T08:07:28-06:00 2023-12-31 541029635 THOMPSON GREENSPON 4035 RIDGE TOP RD SUITE 700 FAIRFAX VA 22030 990 2023-01-01 821105809 MAJORITY ACTION MAJO 2024177680 8705 COLESVILLE ROAD 312 SILVER SPRING MD 20910 BRYANT SEWELL CO-EXECUTIVE DIRECTOR 2024177680 2024-11-13 1 1 TRACY M MOREY CPA P01521539 7033858888 2023 2024-10-15 13:58:12Z 5050 CLIMATE PROJECT AND CLIMATE MAJORITY PROJECT BRYANT SEWELL 8705 COLESVILLE ROAD 312 SILVER SPRING MD 20910 3711500 0 X WWW.MAJORITYACTION.US X 2017 DC MAJORITY ACTION DESIGNS INTERVENTIONS THAT ORGANIZE PEOPLE AND INVESTORS AROUND WHAT MATTERS IN OUR ECONOMY, CHANGING SYSTEMS TO WORK FOR US ALL. 5 5 22 6 0 0 3400000 3711500 0 0 0 0 0 0 3400000 3711500 0 0 0 0 1799190 2410802 48650 0 275889 941729 1730380 2789569 4141182 610431 -429682 2436084 2028165 41453 63439 2394631 1964726 MAJORITY ACTION'S MISSION IS TO HOLD CORPORATIONS ACCOUNTABLE TO HIGH STANDARDS OF CORPORATE GOVERNANCE, SOCIAL RESPONSIBILITY, AND LONG-TERM VALUE CREATION. 0 0 3047439 MAJORITY ACTION WORKS TO EDUCATE AND ENGAGE INVESTORS ON THE CRITICAL ROLE OF CORPORATE GOVERNANCE IN CONFRONTING CLIMATE CHANGE, STRUCTURAL RACISM, AND OTHER SYSTEMIC RISKS TO LONG-TERM SHAREHOLDER VALUE. WE HARNESS THE POWER OF INVESTORS TO PROMOTE ENVIRONMENTAL AND SOCIAL RESPONSIBILITY ON CORPORATE BOARDS AND ACCELERATE ECONOMY-WIDE ACTION TO ADDRESS THESE RISKS. 3047439 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BRANDON SALESBERRY 2024177680 2045 W GRAND AVE STE B 31638 CHICAGO IL 60612 DENNAK MURPHY BOARD CHAIR 1.50 X X 0 0 0 CAROLYN LAUB TREASURER 1.50 X X 0 0 0 NADIRA NARINE DIRECTOR 1.50 X 0 0 0 JAMES RUCKER DIRECTOR 1.50 X 0 0 0 RENAYE MANLEY DIRECTOR 1.50 X 0 0 0 ELI KASARGOD STAUB EXECUTIVE DIRECTOR 40.00 X 188970 0 32003 CONNIE HUYNH DIRECTOR OF CAMPAIGNS 40.00 X 137938 0 37352 JESSIE GILES DIRECTOR OF RESEARCH 40.00 X 152982 0 30229 TERRY KUSH CHIEF OPERATING OFFICER 40.00 X 161323 0 23573 ELIZABETH LINDSLEY DIRECTOR OF INVESTOR ENGAG 40.00 X 137603 0 18985 CERECE RENNIE MURPHY DIRECTOR OF DEVELOPMENT 40.00 X 133814 0 26122 912630 0 168264 9 0 1 0 AB PARTNERS 228 PARK AVE S 73667 NEW YORK NY 10003 COMMUNICATION CONSULTING 919170 KEITH GOODMAN 3932 NE 11TH AVE PORTLAND OR 97212 MANAGEMENT CONSULTING 102300 2 3711500 3711500 3711500 0 0 0 X 220974 110487 44359 66128 1749526 1284835 303833 160858 48591 35774 8429 4388 229699 169011 39690 20998 162012 115278 28552 18182 15248 5337 9911 90401 90401 1353306 1200132 150570 2604 174 174 25899 18244 7655 92033 25484 66549 138078 77921 57426 2731 10241 4936 5305 MEMBERSHIP DUES 5000 5000 4141182 3047439 817854 275889 1696727 769559 725000 1239831 4641 14357 14134 2436084 2028165 41453 63439 41453 63439 X 1579631 939479 815000 1025247 2394631 1964726 2436084 2028165 -429682 -223 0 X X 0 1 X 1 0 X 1018925 914995 3141363 3400000 3711500 12186783 1018925 914995 3141363 3400000 3711500 12186783 8339846 3846937 12186783 0.31570 0.35110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 10000 4131182 4141182 357059 89265 0 0 357059 357059 535589 10000 10000 89265 89265 133898 0 X 3716277 -223 5000 4777 3711500 0 3711500 4146182 5000 5000 4141182 0 4141182 PART X, LINE 2: THE ORGANIZATION COMPLIES WITH THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CURRENT YEAR GRANT WRITE-OFF PART XII, LINE 2D - OTHER ADJUSTMENTS: CURRENT YEAR GRANT WRITE-OFF EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 ELI KASARGOD STAUB EXECUTIVE DIRECTOR 188970 0 0 0 0 0 5669 0 26334 0 220973 0 0 0 TERRY KUSH CHIEF OPERATING OFFICER 161323 0 0 0 0 0 4840 0 18733 0 184896 0 0 0 JESSIE GILES DIRECTOR OF RESEARCH 152982 0 0 0 0 0 4589 0 25640 0 183211 0 0 0 CONNIE HUYNH DIRECTOR OF CAMPAIGNS 137938 0 0 0 0 0 4138 0 33214 0 175290 0 0 0 CERECE RENNIE MURPHY DIRECTOR OF DEVELOPMENT 133814 0 0 0 0 0 5174 0 20948 0 159936 0 0 0 ELIZABETH LINDSLEY DIRECTOR OF INVESTOR ENGAG 137603 0 0 0 0 0 4128 0 14857 0 156588 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION AT THEIR DECEMBER BOARD MEETING IN EXECUTIVE SESSION AND UPON APPROVAL OF THE BUDGET. FORM 990, PART VI, SECTION A, LINE 2 ELI KASARGOD STAUB, JAMES RUCKER, AND CAROLYN LAUB HAVE A BUSINESS RELATIONSHIP AS PARTNERS OF SPRINGBOARD PARTNERS. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF OPERATING OFFICER WILL PRESENT THE FORM 990 TO THE EXECUTIVE DIRECTOR TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF. ALL COVERED INDIVIDUALS SHALL SIGN AN ANNUAL ACKNOWLEDGEMENT THAT THEY HAVE RECEIVED A COPY OF THIS POLICY, UNDERSTAND IT, AND AGREE TO ABIDE BY ITS TERMS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION AT THEIR DECEMBER BOARD MEETING IN EXECUTIVE SESSION AND UPON APPROVAL OF THE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANZATION DOES NOT MAKE THEIR GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC, BUT DOES PROVIDE FORM 990 AND AUDITED FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTORS: PROGRAM SERVICE EXPENSES 1,200,132. MANAGEMENT AND GENERAL EXPENSES 150,570. FUNDRAISING EXPENSES 2,604. TOTAL EXPENSES 1,353,306. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESSES HAVE NOT CHANGED FROM THE PRIOR YEAR.