Kqed Inc

“Form 990 review process the process for reviewing the kqed form 990 prior to filing included a live meeting and presentation by the organization's tax advisory firm to the audit committee, a review by the controller, cfo, and the audit committee of the board. After the audit committee approves the form 990, the form 990 is provided to all voting members of the board prior to filing.”

“Monitoring and enforcement of conflict-of-interest policy in accordance with the organization's conflict-of-interest policy, all directors, officers, and key employees fill out and sign a conflict of interest disclosure form, which is reviewed and maintained in the general counsel's office. Key employees and officers fill out the conflict-of-interest disclosure form annually. Board of directors fill out the conflict-of-interest disclosure form when their initial term commences and are asked annually to report any changes that would give rise to a conflict of interest. If a conflict of interest were to arise, the key employee, officer or board member with the conflict would be recused from decision-making process.”

“Process for determining compensation of officers and key employees the executive committee of the board is responsible for reviewing the compensation of the president/ceo, and it makes recommendations to the board of directors, who approved any such compensation. The president/ceo is recused from any discussion and vote. The process followed by the board to develop and approve the compensation package for the president/ceo included the review of data on comparable compensation packages and recommendations, prepared by an outside consultant. Based on the data and recommendations from the consultant as well as an evaluation of the president/ceo's performance against previously set goals, the executive committee deliberated and agreed on recommendations to the board. The full board deliberated about the compensation package based on the recommendations from the executive committee and approved the salary for the president/ceo. In determining salaries for nonunion employees, kqed's president/ceo and its chief operations and administration officer work with an external consultant providing data from the following markets: san francisco/bay area, public media, for-profit cable and broadcast media, large nonprofits, and digital and online technology companies. Each non-union job is placed within a job family and job level based on the job description. Compensation for individuals working in jobs is determined by performance and experience as they relate to the market rate of the job level. All nonunion positions have established market rates. Finally, the historical and current compensation paid by kqed for comparable positions, as well as the skills and experience of the individual employee, are taken into account. Kqed regularly reviews employee pay in three ways: (1) market analysis to ensure employees are paid at market rate against comparable companies, as described above; (2) a classification analysis to ensure employees are consistently and appropriately classified in the right job family and job level and (3) an equity analysis to ensure employees performing similar work are paid similarly and equitably.”

“Documents made available to the public: the organization's governing documents, conflict-of-interest policy, and financial statements are available to the public on request for the same period of time set forth in 26 u.s. Code 6104(d). Condensed financial information is also made available to the public via the annual kqed report to the community, which is posted on the organization's website in addition to its form 990 and audited financial statements.”