Community Wireless of Park City

“Kpcw general manager review drafts of the form 990. Once satisfied that the 990 is complete and accurate, a copy is distributed to the board via email for their review. Any comments or questions are investigated and resolved by the general manager with the 990 preparers.”

“All board members are asked to sign the conflict of interest policy when they join the board. If a board member has a personal interest in a matter, they notify the board of trustees in writing. Board members then determine if there is a conflict. A personal interest is defined as whether a trustee or immediate relative or resident in the same household, or an organization in which such persons work or serve in a fiduciary capacity, would have signficant economic interest in a decision on the matter by the board. Trustees may not vote on any matters in front of the board they have a personal interest in. If a board member has a personal interest, they leave the board meeting if that matter is up for discussion. That member may not influence deliberation or discussion of the matter. If a contract is proposed for approval by the board in which a trustee has a personal interest, the board must, by a majority vote of the disinterested directors entitled to vote on the matter, decide that kpcw will or will not execute such contract. In reaching its decision, the board must adhere to the legal requirements applicable to approval of such contracts. The crux of those requirements is that taking into account the terms of possible alternatives, the proposed contract is fair, reasonable and in the best interest of kpcw. All action regarding such contracts must be recorded in the minutes of the board. Each board member reviews the conflict-of-interest policy annually and signs off that they have read the policy and to the best of their knowledge do not have a personal interest, as defined in the policy. No conflicts were noted for this fiscal year.”

“Annually the independent board members review comparability data from the corporation for public broadcasting, guidestar, as well as executive director compensation for other area nonprofits when setting the general manager's compensation. The decision reached and process followed are documented by the board.”

“THE AUDIT REPORT AND CORPORATION FOR PUBLIC BROADCASTING REQUIRED ANNUAL FINANCIAL REPORT ARE BOTH ON KPCW'S WEBSITE. Should the public require any materials not found on KPCW's website, they may be made available upon request.”

“(Expenses $ 41,781 including grants of $ 0)(Revenue $ 0) A KEY PILLAR OF KPCW'S MISSION IS TO SERVE AS AN UMBRELLA ORGANIZATION FOR NONPROFITS ACROSS SUMMIT AND WASATCH COUNTIES. WE OFFER NONPROFIT ORGANIZATIONS DISCOUNTED UNDERWRITING AT 20% BELOW COMMERICAL RATES, AND WE ENCOURAGE THEM TO LET US KNOW WHEN THEY HAVE NEWS AND UPCOMING EVENTS. BEYOND INTERVIEWING THESE ORGANZIATIONS FOR LOCAL NEWS STORIES AND ON OUR PUBLIC AFFAIRS SHOWS, NONPROFITS CAN POST EVENT DETAILS, PROGRAMMING UPDATES, AND VOLUNTEER OPPORTUNITIES AT NO CHARGE ON THE KPCW COMMUNITY CALENDAR. OUR DJS READ NEARLY 12,000 OF THESE CALENDAR POSTS AS PUBLIC SERVICE ANNOUNCEMENTS (PSAS) EACH YEAR, TOTALING MORE THAN $300,000 IN FREE AIRTIME VALUE FOR AREA NONPROFITS ANNUALLY. AND WE OFFER FREE UNDERWRITING CREDIT TO NONPROFITS THAT JOIN US FOR OUR BIANNUAL PLEDGE DRIVES, SAVING THEM CRITICAL MARKETING EXPENDITURES AS THEY WORK TO COMMUNICATE WITH THE CONSTITUENCIES THEY SERVE. IN FISCAL YEAR 2024, KPCW AWARDED MORE THAN $175,500 IN FREE UNDERWRITING CREDITS AS OUR WAY OF THANKING LOCAL NONPROFITS FOR JOINING US FOR OUR 2024 PLEDGE DRIVES.”