2024-05-08T13:29:35-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2689 COMMERCE DRIVE NW SUITE 201 ROCHESTER MN 55901 990 2022-07-01 411379713 CHANNEL ONE INC CHAN 5072872350 131 35TH STREET SE ROCHESTER MN 55904 VIRGINIA MERRITT EXECUTIVE DIRECTOR 5072872350 2024-05-02 1 VIRGINIA MERRITT 999009999 0 KATHERINE LUTZKE CPA P01760889 5072802300 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z VIRGINIA MERRITT 131 35TH STREET SE ROCHESTER MN 55904 20285222 0 X WWW.HELPINGFEEDPEOPLE.ORG X 1980 MN CHANNEL ONE STRENGTHENS FOOD ACCESS AND BUILDS HEALTHY COMMUNITIES. 15 15 48 950 0 0 16156926 18794806 1051639 1428775 -7678 37377 3827 -1999 17204714 20258959 14763104 16550118 0 0 1909314 1998391 0 0 668969 1900106 1693018 18572524 20241527 -1367810 17432 9565800 9489071 346141 252498 9219659 9236573 X AT CHANNEL ONE REGIONAL FOOD BANK, OUR MISSION IS TO STRENGTHEN FOOD ACCESS AND BUILD HEALTHY COMMUNITIES WITH A VISION THAT EVERY COMMUNITY IN OUR REGION IS FOOD SECURE. 0 0 15728349 13763409 1431324 CHANNEL ONE FOOD BANK - AS A REGIONAL MEMBER OF FEEDING AMERICA, THE NATION'S FOOD BANK NETWORK, THE FOOD BANK PROVIDES FOOD AND NONFOOD PRODUCT TO 153 PROGRAMS OPERATED BY 86 NONPROFIT 501(C)(3) AGENCIES THAT FEED PEOPLE AS PART OF THEIR PROGRAM SERVICES MISSION (183 PROGRAMS OPERATED BY 110 NONPROFIT 501(C)(3) AGENCIES) FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY. THE FOOD BANK PROGRAM SOLICITS, WAREHOUSES, REWORKS/REPACKAGES, AND DISTRIBUTES DONATED SURPLUS AND IRREGULAR FOOD AND NONFOOD PRODUCT ITEMS, GOVERNMENT COMMODITIES FROM THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP), AND COOPERATIVELY PURCHASED ITEMS. 2336497 1867478 0 CHANNEL ONE FOOD SHELF A CHOICE FOOD SHELF OFFERING INDOOR SHOPPING AND DELIVERY TO ELIGIBLE INDIVIDUALS AND HOUSEHOLDS. THE FOOD SHELF FOLLOWS MINNESOTA'S TEFAP (THE EMERGENCY FOOD ASSISTANCE PROGRAM) ELIGIBILITY AND REGISTRATION GUIDELINES. APPROXIMATELY 9,137 AND 6,569 UNIQUE HOUSEHOLDS WERE SERVED FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY. IN TOTAL, THERE WERE 71,235 AND 52,237 HOUSEHOLD VISITS TO THE FOOD SHELF FOR THE YEARS ENDED JUNE 30, 2023, AND 2022, RESPECTIVELY. 801445 691417 0 COMMODITY SUPPLEMENTAL FOOD PROGRAM (CSFP) PROVIDES NUTRITIONALLY BALANCED, SUPPLEMENTAL FEDERAL GOVERNMENT COMMODITY FOOD PACKAGES TO INCOMEELIGIBLE SENIOR CITIZENS ON A MONTHLY BASIS. CHANNEL ONE DISTRIBUTES THIS PROGRAM THROUGHOUT THE 13-COUNTY SERVICE AREA IN MINNESOTA. IN TOTAL, CHANNEL ONE DISTRIBUTED 10,655 AND 9,510 PACKAGES FOR THE YEARS ENDED JUNE 30, 2023, AND 2022, RESPECTIVELY. 189369 145784 0 MINNESOTA CENTRAL KITCHEN - MINNESOTA CENTRAL KITCHEN (MCK) IS AN INITIATIVE THAT WAS ORIGINALLY DEVELOPED BY THE TWIN CITIES' FOOD BANK, SECOND HARVEST HEARTLAND, TO PROVIDE RESTAURANT-PREPARED MEALS TO THOSE FACING FOOD INSECURITY. SECOND HARVEST AND CHANNEL ONE, INC. WERE AWARDED A GRANT FROM FEEDING AMERICA TO SCALE THE PREPARED MEALS PROGRAM TO THE ROCHESTER MARKET. CHANNEL ONE BEGAN PROVIDING MCK MEALS IN ITS SERVICE AREA IN OCTOBER OF 2021. WITH THE EXPANSION OF MCK TO ROCHESTER, CHANNEL ONE, INC. PAIRS ITS ABILITY TO SOURCE DONATED AND RESCUED FOOD WITH RESTAURANTS' EXPERTISE IN FOOD PREPARATION TO FILL A CRUCIAL NEED. MCK HARNESSES THE POWER OF THE FOOD BANK TO BRING NUTRITIOUS, PREPARED MEALS TO THOSE FACING THE GREATEST NEED, WITH A PRIORITY PLACED ON COMMUNITIES OF COLOR. DURING THE YEARS ENDED JUNE 30, 2023, AND 2022, IN PARTNERSHIP WITH ITS RESTAURANT AND DISTRIBUTION PARTNERS CHANNEL ONE, INC. DISTRIBUTED 54,502 AND 47,986 MEALS, RESPECTIVELY. 18238 3232 0 CHILDHOOD HUNGER PROGRAM DURING THE SCHOOL YEAR, CHANNEL ONE PROVIDES CHILDFRIENDLY FOOD TO SCHOOL DISTRICTS IN OLMSTED COUNTY. FOR THE YEAR ENDED JUNE 30, 2022, CHANNEL ONE DISTRIBUTED 26,228 POUNDS OF FOOD TO APPROXIMATELY 900 STUDENTS IN NEED AT 3 AREA SCHOOL DISTRICTS. FOR THE YEAR ENDING JUNE 30, 2023, CHANNEL ONE TRANSITIONED TO A STABILITY BOX PROGRAM WITH ONE DISTRICT, DISTRIBUTING 1,813 POUNDS OF FOOD TO APPROXIMATELY 300 FAMILIES. 106434 78798 0 MOBILE PANTRY PROGRAM - EVERY MONTH FOOD IS DELIVERED DIRECTLY TO COMMUNITIES IN SE MINNESOTA AND LA CROSSE COUNTY WISCONSIN WITH FEW, IF ANY FOOD SHELVES, LIMITED TRANSPORTATION AND HIGH FOOD INSECURITY RATES. MOBILE FOOD PANTRIES DISTRIBUTED 200,212 AND 285,455 POUNDS OF FOOD TO LOW-INCOME INDIVIDUALS AND FAMILIES IN NEED OF FOOD ASSISTANCE FOR THE YEARS ENDED JUNE 30, 2023, AND 2022, RESPECTIVELY. 314041 227814 0 19180332 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 7 0 1 48 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN WI X X MATT DECOOK 5072872350 131 35TH STREET SE ROCHESTER MN 55904 CHRISTOPHER ROCK BOARD CHAIR-PART YEAR 0.30 X X 0 0 0 HOLDEN LEWIS BOARD VICE CHAIR 0.30 X X 0 0 0 DAVID COURTIS BOARD TREASURER-PART YEAR 0.30 X X 0 0 0 ANGIE AMES DIRECTOR 0.30 X 0 0 0 BENJAMIN BERGSTROM DIRECTOR 0.30 X 0 0 0 SARA CARLSON DIRECTOR 0.30 X 0 0 0 MELISSA DICKISON DIRECTOR 0.30 X 0 0 0 MARY DUNLAP DIRECTOR 0.30 X 0 0 0 MIGUEL GARATE DIRECTOR 0.30 X 0 0 0 ROBERTO MAGAMBO DIRECTOR 0.30 X 0 0 0 BEN MULHOLLAND DIRECTOR 0.30 X 0 0 0 JOE POWERS DIRECTOR 0.30 X 0 0 0 TAMIM RAJJO DIRECTOR 0.30 X 0 0 0 SHARON ROSEN DIRECTOR 0.30 X 0 0 0 PAUL MACKIN DIRECTOR 0.30 X 0 0 0 CHAD DECOOK DIRECTOR-PART YEAR 0.30 X 0 0 0 CYLE ERIE DIRECTOR - PART YEAR 0.30 X 0 0 0 PAUL EVERS DIRECTOR - PART YEAR 0.30 X 0 0 0 ANDY DANIELSEN DIRECTOR - PART YEAR 0.30 X 0 0 0 TOM LEIMER DIRECTOR - PART YEAR 0.30 X 0 0 0 VIRGINIA MERRITT EXECUTIVE DIRECTOR 40.00 X 115821 0 948 115821 0 948 1 0 0 0 0 80672 189560 1475695 17048879 13024743 18794806 PURCHASE FOOD PROGRAM 624200 1081577 1081577 DELIVERY CHARGE 624200 174829 174829 SHARED MAINTENANCE FEE 624200 172369 172369 1428775 37433 37433 7113 0 7113 7113 7113 14546 14602 -56 -56 -56 0 189560 11661 -11661 -11661 MISCELLANEOUS INCOME 900099 2549 2549 2549 20258959 1431324 0 32829 13763410 13763410 2786708 2786708 121729 86427 20694 14608 1442969 1058957 157948 226064 304987 216541 51848 36598 128706 91381 21880 15445 19049 17906 1143 32410 30465 1945 38038 5990 11275 20773 15538 15538 499624 162523 21350 315751 250910 229034 18085 3791 277533 277533 265570 249014 16534 22 49311 44611 4353 347 MISCELLANEOUS EXPENSE 138553 124435 202 13916 REPAIRS & MAINTENANCE 65355 60655 4078 622 STAFF 29941 14550 12985 2406 MEMBERSHIP DUES 11186 8563 2623 20241527 19180332 392226 668969 1218731 1495858 3508600 3043027 111912 81882 523989 180443 691373 1420935 40540 40462 6218887 3617061 2845499 2601826 10490 10490 614666 614148 9565800 9489071 346141 252498 346141 252498 X 8250293 7979930 969366 1256643 9219659 9236573 9565800 9489071 17432 -518 0 X 0 1 X 1 1 1 X 15628716 21074164 23381841 16156926 18794806 95036453 15628716 21074164 23381841 16156926 18794806 95036453 95036453 15619 4939 4703 12979 44546 82786 13873 7454 10929 4255 2549 39060 95158299 4750628 0.99870 0.99910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 0.00000 1.00000 0.00000 1 0 173755 173755 4378738 2329375 2049363 909853 781677 128176 756541 506009 250532 2601826 BENEFICIAL INTEREST IN PERPETUAL TRUST 604148 INTEREST IN ROCHESTER AREA FOUNDATION 10000 614148 X 20270102 -518 11661 11143 20258959 0 20258959 20253188 11661 11661 20241527 0 20241527 PART V, LINE 4: THE FUNDS ARE INTENDED TO BE USED IN FURTHERANCE OF THE ORGANIZATION'S MISSION. THERE IS ALSO A SMALL ENDOWMENT INTENDED TO BE USED FOR CLIENT TRANSPORTATION. PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THEREFORE, HAS NO PROVISION FOR INCOME TAXES. IT IS NOT A PRIVATE FOUNDATION. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE ORGANIZATION QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR UNRELATED BUSINESS INCOME. THE ORGANIZATION FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION WOULD BE SUBJECT TO REVIEW BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 11,661. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 11,661. X X X X X X X 1 NEWPORT ONE 21 RAILROAD AVE DUXBURY MA 02332 FUNDRAISING 0 824775 21000 0 824775 21000 MN WI EMPTY BOWLS 102500 102500 8866 EPICURE 87060 87060 2795 189560 189560 11661 11661 -11661 1 ZUMBROTA AREA FOOD SHELF 16 MILL ST ZUMBROTA MN 55992 411515217 501(C)(3) 0 15445 FMV FOOD FOOD DISTRIBUTION WINONA VOLUNTEER SERVICES 402 EAST SECOND STREET WINONA MN 55987 237376207 501(C)(3) 0 199238 FMV FOOD FOOD DISTRIBUTION WELLS AREA FOOD SHELF 291 1ST ST SW WELLS MN 56097 411783467 501(C)(3) 0 14293 FMV FOOD FOOD DISTRIBUTION WAFER 403 CAUSEWAY BLVD LA CROSSE WI 54603 391552632 501(C)(3) 0 438812 FMV FOOD FOOD DISTRIBUTION WABASHA AREA EMERGENCY FS INC 142 2ND ST W WABASHA MN 55981 411543085 501(C)(3) 0 70932 FMV FOOD FOOD DISTRIBUTION UNITED METHODIST FOOD SHELF 401 E MAIN STREET RACINE MN 55967 411282914 501(C)(3) 0 8041 FMV FOOD FOOD DISTRIBUTION TRINITY LUTHERAN CHURCH 412 NORTH MAIN STREET JANESVILLE MN 56048 410829544 501(C)(3) 0 24756 FMV FOOD FOOD DISTRIBUTION TRINITY LUTHERAN CHURCH 609 S LINCOLN AVE OWATONNA MN 55060 411328751 501(C)(3) 0 29781 FMV FOOD FOOD DISTRIBUTION THE SALVATION ARMY ROCHESTER 20 NE 1ST AVE ROCHESTER MN 55906 410698597 501(C)(3) 0 46675 FMV FOOD FOOD DISTRIBUTION THE SALVATION ARMY AUSTIN PO BOX 480 AUSTIN MN 55912 410698597 501(C)(3) 0 58087 FMV FOOD FOOD DISTRIBUTION THE SALVATION ARMY ALBERT LEA 302 COURT ST ALBERT LEA MN 56007 410698597 501(C)(3) 0 38594 FMV FOOD FOOD DISTRIBUTION ST JOHN'S LUTHERAN CHURCH 241 S LINE ST WYKOFF MN 55990 416006384 501(C)(3) 0 15548 FMV FOOD FOOD DISTRIBUTION SPRING VALLEY MINISTERIAL ASSOCIATION INC 102 EAST JEFFERSON SPRING VALLEY MN 55975 411864223 501(C)(3) 0 15832 FMV FOOD FOOD DISTRIBUTION SOUTH TROY WESLEYAN CHURCH 56817 HWY 63 ZUMBRO FALLS MN 55991 411444092 501(C)(3) 0 9636 FMV FOOD FOOD DISTRIBUTION SOCIETY OF VINCENT DE PAUL 617 3RD AVE NW FARIBAULT MN 55021 825044053 501(C)(3) 0 222175 FMV FOOD FOOD DISTRIBUTION SEMCAC PO BOX 549 RUSHFORD MN 55971 410907135 501(C)(3) 0 156985 FMV FOOD FOOD DISTRIBUTION ROCHESTER COMMUNITY WARMING CENTER 151 E 3RD STREET ROCHESTER MN 55904 501(C)(3) 0 15251 FMV FOOD FOOD DISTRIBUTION ROCHESTER COMMUNITY CHURCH 971 16TH STREET SE ROCHESTER MN 55904 363912589 501(C)(3) 0 5702 FMV FOOD FOOD DISTRIBUTION RED WING AREA FOOD SHELF 1755 OLD MAIN WEST RED WING MN 55066 411415594 501(C)(3) 0 101926 FMV FOOD FOOD DISTRIBUTION PLAINVIEW-ELGIN AREA FS INC PO BOX 274 ELGIN MN 55932 421654116 501(C)(3) 0 33066 FMV FOOD FOOD DISTRIBUTION PINE ISLAND SHARING SHELVES PO BOX 145 PINE ISLAND MN 55963 411697527 501(C)(3) 0 23939 FMV FOOD FOOD DISTRIBUTION OUR SAVIORS OWATONNA 1909 ST PAUL RD OWATONNA MN 55060 411885511 501(C)(3) 0 38259 FMV FOOD FOOD DISTRIBUTION ORONOCO FOOD SHELF 20 3RD STREET SW ORONOCO MN 55960 822913068 501(C)(3) 0 13848 FMV FOOD FOOD DISTRIBUTION OASIS CHURCH 3819 18TH AVENUE NW ROCHESTER MN 55901 362181949 501(C)(3) 0 6427 FMV FOOD FOOD DISTRIBUTION LONSDALE AREA FOOD SHELF INC 7525 GARFIELD AVE LONSDALE MN 55046 453328914 501(C)(3) 0 8624 FMV FOOD FOOD DISTRIBUTION LIFEGATE SERVICES 1300 10TH AVENUE NE ROCHESTER MN 55906 471965877 501(C)(3) 0 36172 FMV FOOD FOOD DISTRIBUTION LEROY FOOD SHELF PO BOX 225 LEROY MN 55951 300698730 501(C)(3) 0 11307 FMV FOOD FOOD DISTRIBUTION LAKE CITY FOOD SHELF PO BOX 103 LAKE CITY MN 55041 411430175 501(C)(3) 0 44512 FMV FOOD FOOD DISTRIBUTION LACRESCENT AREA HEALTHY COMMUNITY PARTNERSHIP 333 MAIN STREET LA CRESCENT MN 55947 202665775 501(C)(3) 0 35429 FMV FOOD FOOD DISTRIBUTION HOUSTON COMMUNITY FOOD SHELF 118 S LINCOLN HOUSTON MN 55943 460909052 501(C)(3) 0 10928 FMV FOOD FOOD DISTRIBUTION HOSANNA'S PANTRY 2815 57TH STREET NW ROCHESTER MN 55901 501(C)(3) 0 8770 FMV FOOD FOOD DISTRIBUTION HOMETOWN RESOURCE CENTER 1244 WHITEWATER AVENUE ST CHARLES MN 55972 411603419 501(C)(3) 0 14962 FMV FOOD FOOD DISTRIBUTION HAYFIELD COMMUNITY FOOD PANTRY 30 E MAIN STREET HAYFIELD MN 55940 362181949 501(C)(3) 0 87420 FMV FOOD FOOD DISTRIBUTION GRAND MEADOW FAITH COMMUNITY PO BOX 306 GRAND MEADOW MN 55936 710986682 501(C)(3) 0 7866 FMV FOOD FOOD DISTRIBUTION FARIBAULT COUNTY FOOD SHELF 214 NORTH HOLLAND ST BLUE EARTH MN 56013 205053194 501(C)(3) 0 18364 FMV FOOD FOOD DISTRIBUTION EYOTA FOOD PANTRY 111 CENTER AVENUE EYOTA MN 55934 854288423 501(C)(3) 0 57885 FMV FOOD FOOD DISTRIBUTION ECUMENICAL FOOD PANTRY FIRST PRESBYTERIAN CHURCH ALBERT LEA MN 56007 411593592 501(C)(3) 0 11287 FMV FOOD FOOD DISTRIBUTION COMMUNITY PATHWAYS 155 OAKDALE SUITE A OWATONNA MN 55060 411593592 501(C)(3) 0 750723 FMV FOOD FOOD DISTRIBUTION COMMUNITY ACTION CENTER OF NORTHFIELD 1651 JEFFERSON PARKWAY SUITE SH-200 NORTHFIELD MN 55057 410970984 501(C)(3) 0 969169 FMV FOOD FOOD DISTRIBUTION CLUES CANASTA FAMILIAR AUSTIN 1900 8TH AVE NW AUSTIN MN 55912 AUSTIN MN 55912 411386986 501(C)(3) 0 122700 FMV FOOD FOOD DISTRIBUTION CANNON FALLS FOOD SHELF INC 511 BELLE ST W CANNON FALLS MN 55009 300221349 501(C)(3) 0 7322 FMV FOOD FOOD DISTRIBUTION AREA NEIGHBORHOOD SERVICE CENTER 203 3RD AVE NW WASECA MN 56093 411452216 501(C)(3) 0 54382 FMV FOOD FOOD DISTRIBUTION AREA FOOD SHELF OF NEW RICHLAND 101 S BROADWAY NEW RICHLAND MN 560720098 455632734 501(C)(3) 0 11035 FMV FOOD FOOD DISTRIBUTION ALL SEASONS COMM SERV FS 530 2ND ST KENYON MN 55946 411572417 501(C)(3) 0 6315 FMV FOOD FOOD DISTRIBUTION ALDEN AREA FOOD SHELF 103 HUMES AVE ALDEN MN 56009 300197511 501(C)(3) 0 21003 FMV FOOD FOOD DISTRIBUTION 45 0 FOOD AND NONFOOD ITEMS DISTRIBUTED TO INDIVIDUALS 220500 2786708 FMV GROCERY TYPE ITEMS PART I, LINE 2: GRANTS ARE PRIMARILY GIVEN IN THE FORM OF AGENCY CREDITS TO BE SPENT ON FOOD PURCHASED FROM CHANNEL ONE, INC. OTHER GRANT FUNDS ARE NOT DISTRIBUTED UNTIL PROOF OF PURCHASE IS PROVIDED. JOE POWERS BOARD MEMBER 74415 SEE BELOW 0 MATT DECOOK FORMER OFFICER 84040 SEE BELOW 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: JOE POWERS(D) DESCRIPTION OF TRANSACTION: PURCHASED PREPARED MEALS THROUGH AN ORGANIZATION OWNED BY THE BOARD MEMBER SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: MATT DECOOK(D) DESCRIPTION OF TRANSACTION: OWNER OF THE COMPANY THAT PERFORMS OUTSOURCED ACCOUNTING SERVICES TO CHANNEL ONE X 6678768 13024743 FMV - PRICE PER LB 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED FOR POUNDS OF FOOD RECEIVED FOR FOOD INVENTORY RECEIVED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL FORM 990 IS MADE AVAILABLE TO THE ENTIRE ORGANIZATION'S GOVERNING BODY AND FINANCE COMMITTEE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE EXISTENCE OF ANY OF THE NATURES OF CONFLICTING INTERESTS SHALL BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMMATED. IT IS THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. DISCLOSURES IN THE ORGANIZATION ARE MADE TO THE EXECUTIVE DIRECTOR WHO SHALL BRING THE MATTER TO THE BOARD. IF THE EXECUTIVE DIRECTOR HAS THE CONFLICT, DISCLOSURE IS MADE TO THE BOARD CHAIR, WHICH WILL THEN BRING THE MATTER TO THE BOARD. DISCLOSURE INVOLVING BOARD MEMBERS ARE MADE TO THE BOARD CHAIR, OR IF HE/SHE HAS THE CONFLICT, THEN TO THE BOARD VICECHAIR, WHO WILL BRING THE MATTER TO THE BOARD. THE POLICY COVERS ALL DIRECTORS AND OFFICERS, AND ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF CHANNEL ONE (I.E., MAKING PURCHASING DECISIONS, MANAGEMENT PERSONNEL, AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING CHANNEL ONE). DETERMINATIONS OF WHETHER A CONFLICT EXISTS ARE MADE AT THE BOARD LEVEL. IF A CONFLICT EXISTS, THE BOARD WILL DETERMINE WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED. ACTUAL CONFLICTS ARE REVIEWED AT THE BOARD LEVEL. PERSONS WITH A CONFLICT ARE EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S PROCESS TO DETERMINE THE COMPENSATION OF TOP MANAGEMENT OFFICIALS AND OFFICERS INCLUDES A REVIEW OF COMPARABILITY DATA AND SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE PROCESS WAS USED TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR IN 2022 AND 2023. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ANNUAL FINANCIAL STATEMENT IS INCLUDED IN AN ANNUAL REPORT, WHICH IS MAILED TO DONORS AND FUNDING ENTITIES.