Tri-County Economic Development Corporation

“Various directors of the board are with financial institutions and business support services within the community and as such it can reasonably be expected that the financial institutions and business support services have professional relationships with officers, directors or key employees.”

“Judges - executive appoints three members each, skyward appoints one member, northern kentucky chamber of commerce appoints two members and one member is elected for a three-year, renewable term by the board of directors itself.”

“"no" has been checked because the question is not applicable to the organization. The committees do not have the power to act for the board unless expressly provided.”

“A copy of the 990 is provided to the organization's executive committee, finance committee, and board for review and any appropriate suggested changes are made.”

“Board members are provided the ethics policy upon orientation and no instance of enforcement have been required to occur.”

“The compensation determination process involves submittal of a line item budget to the finance committee with a recommendation to the executive committee, which both recommend that the board adopt the budget. The compensation for key employees is determined upon a combination of experience, degree of responsibility, training, previous compensation levels, comparable regional and national compensation data provided by the int'l economic development council (iedc) and recent performance evaluations affecting incentive compensation.”

“Form 990 is available to the public upon request.”

“Form 990 is available to the public upon request.”

“Administrative costs 30,492. Telephone 28,690. External effort expense 24,651. Research 24,057. Recognition and appreciation 23,880. Staff training 23,759. Publications 19,080. Supplies 11,176. Property costs 11,074. Employee recruitment 10,571. Entrepreneurship expense 9,832. Br&e meetings 8,600. Community relations 7,051. Other 5,468. Agency memberships 4,710. Staff memberships 4,097. Maintenance 4,036. Workers'comp insurance 2,760. Subscriptions 2,043. Postage and shipping 250.”

“This process has not changed from the prior year.”