Rfefl Inc

“The tax return was prepared by the outside accountants and reviewed by senior management. The draft form 990 was then approved and signed by the acting cfo and treasurer. The copy of the 990 was submitted to members of the board, for review at the next meeting after it was filed with irs.”

“All employees, including officers, are required to make annual submissions regarding their interest. Members of the board of directors are not required to disclose their interests to rfe/rl. Ref/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 administration division, which investigates and makes a determination as to whether or not the conflict of interest policy has been violated. If rfe/rl determines that the policy has been violated, the employee in question is subject to disciplinary action up to and including termination.”

“Rfe/rl, inc.'s certificate of incorporation requires the board of directors to appoint and fix the compensation of such managerial officers and employees of rfe/rl as it considers necessary. Federal law places a cap on the salaries of rfe/rl, inc. Officers and employees. No employee of rfe/rl may be paid any salary or other compensation in excess of the rates established for comparable positions under title 4 of the united states code which is capped for rfe/rl at the rate for level iv of the executive schedule under section 5315 of title 5, united state code. An exception from the cap is made for up to 3 employee in washington d.c. Who may be at the rate not to exceed level iii of the executive schedule. Deliberations and decisions regarding the salaries and promotions that are in accordance with established procedures and are documented in various ways. Appointments and salaries determined by the board normally are reflected in board minutes or in supporting memoranda or other documentation. Promotions of senior officers are made in accordance with an annual performance evaluations and a review process. Decisions regarding positions and salaries are based on factors such as scope of responsibilities, experience, and performance. The last compensation review took place on october 1, 2015.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request and on the guidestar website.”

“Bbg board members work part-time for bbg and their rate of pay is set by federal statute at the equivalent of level iv of the executive schedule of the federal government (22 u.s.code 6203(e)). The annual compensation (if any) each bbg board member receives depends on the amount of time spent providing service to bbg during the year. Rfe/rl does not have knowledge of compensation amounts paid to bbg board members by bbg at the date of this filing. In addition, rfe/rl does not have knowledge of average hours per week spent on bbg business for reporting on part vii, section a.”

“Due to safety concerns, the names of the hce's have not been disclosed.”

“The organization closed its iraq service program.”

“Change in pension benefit and post-retirement liability obligation 61,212,754. Change in fair value of cash surrender value -18,023,119.”