Return Reference | Explanation |
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Form 990, Part VI, Section B, Line 11b | The Valeo CFO reviews the 990 before submission. A copy of the form 990 is provided to the CEO and Board Members electronically before filing. |
Form 990, Part VI, Section B, Line 12c | All new Board Members are required to review and sign a "Conflict of Interest" policy. On an annual basis, all Board Members are required to review and complete an "Officer, Director and Key Employee Relationship Questionnaire." All Valeo employees are required to review and sign the Code of Ethics policy, which addresses conflicts of interest. |
Form 990, Part VI, Section B, Line 15 | The Board of Directors hired an independent HR Consulting firm in 2008 to conduct a salary survey for comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. The compensation arrangement is evaluated during the annual performance review period which coincides and is in accordance with Valeo's HR Practice for all employees. The CEO and Human Resources department determined the CFO salary based on both internal and external information for comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. The compensation arrangement is evaluated during the annual performance review period which coincides with and is in accordance with Valeo's HR Practices for all employees. |
Form 990, Part VI, Section C, Line 19 | Valeo makes its governing documents, conflict of interest policy and financial statements available to the public upon request to the Chief Financial Officer at 785-228-3077. |
Software ID: | 17005980 |
Software Version: | v1.00 |