Rfefl Inc

“The bylaws and certificate of incorporation were updated for two reasons: (1) to reflect the amendments to our governing statue, the international broadcasting act (22 usc 6201 et seq.), in january 2017 and (2) to update the documents to conform with modern best practices. Updates included: (1) addition of rfe/rl mission section; (2) addition of standards of conduct for directors and officers; (3) additions to indemnification and insurance section; and (4) other clarifications.”

“The board acts in full, there are no committees with authority to act on behalf of the board.”

“The tax return was prepared by the comptroller's office and reviewed by independent accountants and senior management. The form 990 was then approved and signed by the vice president/chief financial officer/treasurer. The form 990 was submitted to members of the board prior to filing with the irs.”

“Federal employees are subject to conflict-of-interest rules prescribed by federal law and regulation. Each member of the rfe/rl board, in his or her capacity as a member of the broadcasting board of governors, files a form 450 (u.s. Office of government ethics) financial disclosure report. Oge guidance indicates that the "purpose of [that] report is to assist employees and their agencies in avoiding conflicts between official duties and private financial interests or affiliations." all employees, including officers, are required to make annual submissions regarding their interests. Rfe/rl's policies and procedures manual contains strong, clear language regarding conflicts of interest, including provisions for disciplinary action. The organization regularly and consistently monitors and enforces compliance with its conflict of interest policy. Cases of potential conflict of interest are referred to the rfe/rl general counsel, who investigates and makes a determination as to whether or not the conflict of interest policy has been violated, and to the risk and compliance officer. If rfe/rl determines that the policy has been violated, the employee in question is subject to disciplinary action up to and including termination.”

“Compensation for the executive director/president is set by statute at executive level iv. The process does not include comparability, market data, deliberation, or review. Compensation for three senior executive positions in washington, d.c., is set by statute at executive level iii. The process does not include comparability, market data, deliberation, or review; however, the process for key personnel includes comparability, market data, deliberation, and review subject to executive level iv maximums. The last compensation review took place on 4th quarter of 2017.”

“Rfe/rl, inc. Makes its governing documents, conflict of interest policy and finanical statements available to the public upon request.”

“General support services: program service expenses 8,578. Management and general expenses 355,802. Fundraising expenses 0. Total expenses 364,380. Protective services: program service expenses 0. Management and general expenses 1,397,590. Fundraising expenses 0. Total expenses 1,397,590. Content support: program service expenses 829,336. Management and general expenses 28,033. Fundraising expenses 0. Total expenses 857,369. Translation services: program service expenses 233,990. Management and general expenses 183. Fundraising expenses 0. Total expenses 234,173. Transport services: program service expenses 155,108. Management and general expenses 0. Fundraising expenses 0. Total expenses 155,108. Bureau services: program service expenses 11,403,402. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,403,402. Freelance services: program service expenses 10,085,025. Management and general expenses 246. Fundraising expenses 0. Total expenses 10,085,271. Other support services: program service expenses 2,511,823. Management and general expenses 248,221. Fundraising expenses 0. Total expenses 2,760,044.”

“Change in pension benefit and post-retirement liability obligations 2,998,359. Change in fair value of cash surrender value -4,569. Other translation gain 524,287.”

“The board members are chosen based on their expertise in mass communications, broadcast media, or international affairs. The board is responsible for the integrity of the financial statements; the independent accountant is chosen by a rigorous, competitive proposal process. There is no audit committee of the board of directors.”