Lehigh Valley Community Broad Casters Association

“The form 990 was reviewed by the organization's board of directors before its filing.”

“Whenever there is reason to believe that an actual or potential conflict of interest exists between the lvcba and an interested party, the board of directors shall make prompt determination of an effective organization response. The executive director shall report to the executive committee of the board any actual or potential conflict involving an employee or director of the lvcba and shall be guided by the executive committee in developing and implementing prompt effective response. Whenever the board of directors makes such determination, minutes of the applicable board meeting shall reflect: pertinent detail of the conflict disclosure. The vote taken (inclusive of any abstentions). Implementation steps designed to resolve the conflict. Should the board of directors have reason to believe that an interested party has failed to disclose an actual or potential conflict, the president of the board of directors shall inform the person of the basis for such belief and afford the person an opportunity to explain the alleged failure to disclose. If such explanation is unsatisfactory to the board of directors, they shall make prompt determination of an effective organization response.”

“Changes in executive director compensation must be approved by the lvcba board of directors in advance of any payment made. The president of the lvcba board of directors shall insure that all debate concerning the matter is strictly confined to board directors who do not have conflicts of interest (i.e., neither the executive director, nor his/her family members, shall be present during such debate.) when considering ed compensation, the lvcba board of directors shall rely on comparability data demonstration the fair market value of the compensation in question. Such data may include, but is not limited to: a) expert compensation study by an independent firm; b) comparative compensation for positions in similar organizations; c) documented telephone calls about similar positions in both nonprofit and profit organizations; and d) information obtained from irs form 990 filings of similar organizations. The president of the lvcba board of directors shall direct the following information to be included in pertinent board of directors meeting minutes: a) the terms of the compensation and the date approved by the board; b) the names ofthe directors present during the debate; c) the names of the directors who cast votes; d the comparability data used for benchmarking purposes.”

“The organization does not compensate any officers or directors and does not have (by definition)any other key employees.”

“Copies of governing documents are made available to the public on request.”