Cascade Public Media

“The executive committee, comprised of members of the board of directors, has broad authority but cannot amend the articles of incorporation, adopt a plan of merger or consolidation, authorize sale, lease, exchange or disposition of all or substantially all the property and assets of the corporation, authorize the voluntary dissolution of the corporation.”

“The final draft of the return was prepared and distributed to the finance and audit (f&a) committee and the board of directors for their review a week prior to regularly scheduled committee/board meetings. The f&a committee discussed and approved the form 990 and 990-t at their meeting. The chair of f&a committee reported to the board that the 990 and 990-t had been approved. No further changes were requested. The returns were then signed and filed.”

“Annually, board members and key employees are asked to fill out a conflict of interest disclosure form. All forms are reviewed and kept on file. The ceo is ultimately responsible for ensuring that the employee policy is enforced. Employees are required to inform their supervisor in writing of any potential conflict of interest. If the supervisor feels there is a reasonable possibility of a conflict, the appropriate divisional manager is informed. The divisional manager will investigate and then inform those involved of the findings. Failure to follow the policy may lead to disciplinary action. The ceo & board of directors are responsible for ensuring that the officer/board policy is followed. When a conflict arises, the officer or board member shall refrain from discussing or voting on the issue. The person involved would give notice to the board of any conflict or potential conflict.”

“During the tax year, the organization hired an independent consultant to obtain and review market compensation for the ceo and direct reports of the organization. This data was reviewed by the human resource committee of the board of directors in september 2019. The ceo presents the recommended compensation for his direct reports to the hr committee for review. The chair of the hr committee recommends the ceo compensation to the board of directors for approval. Documentation of these reviews and approvals are maintained in hr department in confidential files.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request. Annual audited financial statements are also available to the public on the website. The articles of incorporation and by-laws are also available in the cascade public media fcc online public file.”

“Volunteers helped with community engagement events and fundraising events.”

“Maintenance contract: program service expenses 295,906. Management and general expenses 31,022. Fundraising expenses 167,332. Total expenses 494,260. Contract services: program service expenses 785,200. Management and general expenses 95,203. Fundraising expenses 329,875. Total expenses 1,210,278. Producer, writer, and artistic services: program service expenses 211,151. Management and general expenses 4. Fundraising expenses 65,070. Total expenses 276,225. Web consultant: program service expenses 650. Management and general expenses 44,794. Fundraising expenses 78,902. Total expenses 124,346. Payroll processing service: program service expenses 0. Management and general expenses 56,354. Fundraising expenses 0. Total expenses 56,354. Other services: program service expenses 36,183. Management and general expenses 849. Fundraising expenses 1,589. Total expenses 38,621.”

“Annuity present value adjustment 25,157. Unrealized gain- charitable remainder trust -1,083. Related organization net assets -3,983.”