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.”

“Each judge executive is a director and each judge executive appoints three directors each, skyward appoints one director, the northern kentucky chamber of commerce appoints two members, and the chairperson for the tri-county economic development foundation is a director.”

“"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 kenton county ethics policy upon orientation and directors execute a statement of compliance annually and no instances 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.”

“The organization's governing documents, ethics or conflicts of interest policy, and financial statements are available to the public upon request.”

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