2025-08-14T10:26:12-05:00 2024-09-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-10-01 521068522 RFEFL INC RFEF 2024576937 1250 CONNECTICUT AVENUE NW 450 WASHINGTON DC 20036 JOE LATAILLE CFO 2024576937 2025-08-14 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2025-03-06 01:10:19Z RADIO FREE EUROPERADIO LIBERTY STEPHEN CAPUS 1250 CONNECTICUT AVENUE NW 450 WASHINGTON DC 20036 156667075 0 X WWW.RFERL.ORG X 1976 DE RFE/RL PROMOTES DEMOCRATIC VALUES BY REPORTING THE NEWS IN COUNTRIES LACKING A FREE PRESS. 9 9 193 62 0 0 170745271 156330310 0 0 118371 178024 0 0 170863642 156508334 0 0 0 0 86790263 91306727 0 0 0 81396935 65643737 168187198 156950464 2676444 -442130 226230423 223799817 231051994 225352567 -4821571 -1552750 X RFE/RL'S MISSION IS TO PROMOTE DEMOCRATIC VALUES BY PROVIDING ACCURATE, UNCENSORED NEWS AND OPEN DEBATE IN COUNTRIES WHERE FREE PRESS IS THREATENED AND DISINFORMATION IS PERVASIVE. RFE/RL REPORTS THE FACTS UNDAUNTED BY PRESSURE. RFE/RL REPORTS IN 27 LANGUAGES TO 23 COUNTRIES REACHING MORE THAN 47.4 MILLION PEOPLE EVERY WEEK. WITH 1,300 STAFF AT ITS BROADCAST CENTER IN PRAGUE, CZECH REPUBLIC AND MORE THAN 20 BUREAUS, RFE/RL IS ONE OF THE MOST COMPREHENSIVE NEWS OPERATIONS IN THE WORLD, FILLING AN ESSENTIAL MARKET GAP IN MANY COUNTRIES WHERE A FREE PRESS IS BANNED BY THE GOVERNMENT OR NOT YET FULLY ESTABLISHED. RFE/RL JOURNALISTS ARE ON THE FRONT LINES IN THE FIGHT FOR MEDIA FREEDOM IN THEIR COUNTRIES AND OFTEN FACE GREAT RISKS TO DO THEIR JOBS. 0 0 17541852 CURRENT TIME: THE CURRENT TIME TV AND DIGITAL NETWORK PROVIDES RUSSIAN SPEAKERS ACROSS RUSSIA, UKRAINE, CENTRAL ASIA, THE CAUCASUS, THE BALTICS, AND EASTERN EUROPE WITH ACCESS TO FACTUAL, ACCURATE, BIAS-FREE, TOPICAL, AND TRUSTWORTHY INFORMATION. CURRENT TIME ALSO SERVES AS A MUCH-NEEDED REALITY CHECK ON DISINFORMATION NARRATIVES THAT DRIVE CONFLICT IN THE REGION, INCLUDING RUSSIA'S FULL-SCALE INVASION OF UKRAINE. CURRENT TIME PLACES A PREMIUM ON LIVE NEWS COVERAGE THAT ALLOWS SKEPTICAL AUDIENCES NUMBED BY DISINFORMATION AND KREMLIN NARRATIVES TO JUDGE EVENTS FOR THEMSELVES, SUCH AS ITS COVERAGE OF THE TERRORIST ATTACK ON THE CROCUS CITY HALL CONCERT VENUE IN MOSCOW IN MARCH 2024, OR THE DEATH IN PRISON OF OPPOSITION LEADER ALEXEI NAVALNY ONE MONTH EARLIER. IN ADDITION TO LIVE NEWS, CURRENT TIME AUDIENCES HAVE ACCESS TO ONE OF THE LARGEST OFFERINGS OF RUSSIAN-LANGUAGE DOCUMENTARIES AND DOCUSERIES, WITH MANY BEING SHOWN TO RUSSIAN-SPEAKING AUDIENCES FOR THE FIRST TIME, OFTEN BECAUSE OF POLITICAL CONTENT THAT BARS THEM FROM MAINSTREAM DISTRIBUTION WITHIN RUSSIA. IN JANUARY 2024, CURRENT TIME WAS AWARDED A SPECIAL CITATION IN THE IRE PHILIP MEYER JOURNALISM AWARD FOR ITS ONLINE INVESTIGATION "PUTIN AND ORBN'S MEDIA MASQUERADE." CURRENT TIME ALSO OFFERS UNIQUE PROGRAMMING ON MEDIA LITERACY, EDUCATION, BUSINESS, THE LIVES OF RUSSIAN-SPEAKING IMMIGRANTS IN THE UNITED STATES, AND HUMAN-INTEREST PROGRAMS FROM REMOTE CORNERS OF WHAT WAS ONCE CALLED THE SOVIET EMPIRE ALL RARELY, IF EVER, AVAILABLE ON RUSSIAN STATE CHANNELS. CURRENT TIME TV IS SEEN IN 28 COUNTRIES VIA 356 DISTRIBUTORS WHICH ARE CABLE, DIGITAL STREAMING, OR SATELLITE COMPANIES THAT TAKE THE ENTIRE CHANNEL AND 51 AFFILIATE STATIONS WHICH CARRY ONE OR MORE CURRENT TIME PROGRAMS IN 18 COUNTRIES. ACCORDING TO RESULTS FROM A NATIONWIDE SURVEY COMMISSIONED BY USAGM IN 2023, 6.0% OF ADULTS IN RUSSIA CONSUME CURRENT TIME CONTENT EACH WEEK. IN FY 2024, THE NETWORK SAW NEARLY 780,000 AVERAGE WEEKLY WEBSITE VISITS AND 42.9 MILLION WEEKLY VIDEO VIEWS ACROSS DIGITAL PLATFORMS. 17055176 RUSSIAN LANGUAGE CONTENT: RFE/RL'S RUSSIAN SERVICE, RADIO SVOBODA, IS A TRUSTED SOURCE OF BALANCED INFORMATION ABOUT POLITICAL, SOCIAL, CIVIC, CULTURAL, AND HUMAN RIGHTS ISSUES THAT ARE UNREPORTED OR UNDER-REPORTED IN RUSSIA. IT ALSO PROVIDES A FORUM FOR DISCUSSION AND DEBATE ON THESE TOPICS. RADIO SVOBODA FOCUSES ON PRODUCING A RANGE OF INTEGRATED MULTIMEDIA CONTENTAUDIO, VIDEO, AND SOCIAL MEDIATHAT CONNECTS TARGET AUDIENCES ACROSS RUSSIA AND ENHANCES THE IMPACT OF ITS JOURNALISM. THE SERVICE RUNS TWO REGIONAL REPORTING PROJECTS: SIBERIA.REALITIES (SIBREAL.ORG) IS AIMED AT RESIDENTS OF THE TRANS-URALS REGION OF RUSSIA AND NORTH.REALITIES (SEVERREAL.ORG) AIMED AT NORTHWESTERN RUSSIA. RFE/RL ALSO LAUNCHED SYSTEMA, ITS RUSSIAN-LANGUAGE INVESTIGATIVE UNIT, IN 2023, WHICH EXPOSES CORRUPTION, ILLICIT BEHAVIOR, AND MALIGN NARRATIVES PURSUED BY THE RUSSIAN GOVERNMENT AND ELITES. DESPITE BEING FORCED TO SUSPEND OPERATIONS WITHIN RUSSIA FOLLOWING THE FEBRUARY 2022 START OF THE FULL-SCALE INVASION OF UKRAINE, RUSSIANS CONTINUED TO FLOCK TO RFE/RL'S ONLINE VIDEO REPORTING FROM BOTH SIDES OF THE FRONT LINESFOR EXAMPLE DURING UKRAINE'S SURPRISE AUGUST 2024 OFFENSIVE INTO RUSSIA'S KURSK REGION. OWING TO LONGSTANDING POLITICAL PRESSURES WITHIN RUSSIA, ILLUSTRATED BY THE RUSSIAN GOVERNMENT'S DESIGNATION OF THE SERVICE AS A "FOREIGN AGENT" IN 2017 AND AN "UNDESIRABLE ORGANIZATION IN FEBRUARY 2024, RFE/RL IS RESTRICTED FROM LOCAL RADIO AND TV REBROADCASTING AND THEREFORE PRIMARILY RELIES ON DIGITAL DISTRIBUTION PLATFORMS. ACCORDING TO RESULTS FROM A NATIONWIDE SURVEY COMMISSIONED BY USAGM IN 2023, 4.2% OF ADULTS IN RUSSIA CONSUME RADIO SVOBODA CONTENT EACH WEEK. IN FY 2024, THE SERVICE SAW 1.4 MILLION AVERAGE WEEKLY WEBSITE VISITS AND 20.8 MILLION WEEKLY VIDEO VIEWS ACROSS DIGITAL PLATFORMS. 9437945 RADIO FARDA: RFE/RL'S PERSIAN SERVICE, KNOWN AS RADIO FARDA, OFFERS A PERSIAN LANGUAGE ALTERNATIVE TO GOVERNMENT-CONTROLLED MEDIA IN IRAN, REPORTING ON LOCAL, NATIONAL, AND WORLD EVENTS. RADIO FARDA BREAKS THROUGH GOVERNMENT CENSORSHIP, PROVIDING ACCURATE NEWS AND A PLATFORM FOR INFORMED DISCUSSION AND DEBATE TO AUDIENCES IN IRAN ON DOMESTIC TOPICS SUCH AS IRAN'S 2024 PRESIDENTIAL ELECTION AS WELL AS GLOBAL ISSUES INCLUDING THE OCTOBER 2023 HAMAS ATTACK ON ISRAEL, ISRAEL'S WAR IN GAZA, AND ARMED HOSTILITIES BETWEEN IRAN AND ISRAEL. THE SERVICE STANDS OUT FOR ITS COVERAGE OF HUMAN RIGHTS AND POLITICAL AND SOCIETAL ISSUES OTHERWISE UNDERREPORTED OR TABOO IN IRAN, INCLUDING THE "WOMEN, LIFE, FREEDOM" PROTEST MOVEMENT. RADIO FARDA'S WEBSITE HAS BEEN BLOCKED IN IRAN SINCE 2003, BUT IRANIAN USERS ARE ABLE TO ACCESS IT USING CIRCUMVENTION TECHNOLOGY. ADDITIONALLY, DESPITE A GOVERNMENT BAN BLOCKING INSTAGRAM, FACEBOOK AND YOUTUBE IN IRAN, RADIO FARDA HAS SEEN SIGNIFICANT ONLINE AUDIENCES ON THOSE PLATFORMS AS WELL AS ON WHATSAPP WHICH WAS UNBLOCKED RECENTLY AND WHERE RADIO FARDA NOW HAS OVER 320,000 FOLLOWERS. ACCORDING TO THE RESULTS OF A USAGM-SPONSORED NATIONALLY REPRESENTATIVE SURVEY IN 2021, RADIO FARDA JOURNALISM IS USED BY 6.4 MILLION IRANIAN ADULTS EACH WEEK, OR 10% OF IRANIAN ADULTS. IN FY 2024, THE SERVICE GARNERED 5.9 MILLION AVERAGE WEEKLY WEBSITE VISITS AND 47.1 MILLION WEEKLY VIDEO VIEWS ACROSS DIGITAL PLATFORMS. ON INSTAGRAM ALONE, RADIO FARDA VIDEOS AND REELS RECORDED 2.4 BILLION VIEWS DURING FY2024. 8441727 UKRAINIAN SERVICE: RFE/RL'S UKRAINIAN SERVICE, KNOWN AS RADIO SVOBODA, IS A TRUSTED, AWARD-WINNING OUTLET WITH A GROWING AUDIENCE IN UKRAINE THAT PROVIDES COMPREHENSIVE COVERAGE OF RUSSIA'S FULL-SCALE INVASION FROM BUREAUS IN KYIV, LVIV, AND THE FRONT LINES OF THE WAR. THE SERVICE ALSO EXTENSIVELY COVERS POLITICAL AND ECONOMIC DEVELOPMENTS IN UKRAINE, INCLUDING GROUNDBREAKING REPORTING ON OFFICIAL CORRUPTION AND HUMAN RIGHTS ISSUES. A 2024 INVESTIGATION BY RADIO SVOBODA'S INVESTIGATIVE PROJECT "SCHEMES" UNCOVERED CORRUPTION IN THE OFFICE OF THE DEPUTY PROSECUTOR GENERAL OF UKRAINE, WHICH LED TO AN INTERNAL INVESTIGATION AND HIS RESIGNATION. "SCHEMES" ALSO CONDUCTS WIDE-RANGING INVESTIGATIONS INTO RUSSIAN WAR CRIMES. BASED ON RADIO SVOBODA'S INVESTIGATIVE FILM LIST OF 31, THE OFFICE OF THE PROSECUTOR GENERAL OF UKRAINE CHARGED THE LEADER OF THE UNRECOGNIZED "DONETSK PEOPLE'S REPUBLIC" (DNR) AND TWO OTHER DNR OFFICIALS WITH VIOLATING THE "LAWS AND CUSTOMS OF WAR" BY DEPORTING CHILDREN FROM EASTERN UKRAINE TO RUSSIA. FILMS SILENT DEPORTATION AND BRING ME BACK HOME DOCUMENT THE STORIES OF CRIMEAN TATARS EXPELLED FROM THEIR HOMES AND UKRAINIAN PRISONERS DEPORTED FROM RUSSIA, RESPECTIVELY. ACCORDING TO A 2024 SURVEY COMMISSIONED BY USAGM, 92% OF RADIO SVOBODA'S AUDIENCE TRUSTS ITS COVERAGE, MAKING IT ONE OF THE MOST TRUSTED MEDIA OUTLETS IN UKRAINE. RADIO SVOBODA'S CONTENT IN UKRAINIAN REACHES 25.8% OF THE ADULT POPULATION IN UKRAINE ON A WEEKLY BASIS. IN 2024, THE SERVICE EARNED 2.9 MILLION WEEKLY PAGE VIEWS AND 12.5 MILLION VIDEO VIEWS ACROSS DIGITAL PLATFORMS. 68966356 OTHER PROGRAM SERVICES:RFE/RL JOURNALISTS REPORT THE NEWS IN 23 COUNTRIES WHERE FREE PRESS IS BANNED BY THE GOVERNMENT OR NOT FULLY ESTABLISHED. WE PROVIDE WHAT MANY PEOPLE CANNOT GET LOCALLY: UNCENSORED NEWS, RESPONSIBLE DISCUSSION AND OPEN DEBATE. WE BROADCAST IN 27 LANGUAGES TO 23 COUNTRIES WITH OVER 700 FULL-TIME JOURNALISTS, 1300 FREELANCERS AND 21 LOCAL BUREAUS. RFE/RL IS ONE OF THE MOST COMPREHENSIVE NEWS OPERATIONS IN THE WORLD. OUR JOURNALISTS ARE ON THE FRONT LINES IN THE FIGHT FOR MEDIA FREEDOM IN THEIR COUNTRIES AND OFTEN PUT THEMSELVES AT GREAT RISK TO DO THEIR JOBS. 77408083 121443056 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 X 59 0 1 193 1 0 1 AM BK BU BE GG HU KZ KV KG LG LH MD MJ MK RO RI TI UP 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 1 1 0 1 0 X KAREN JOHNSEN ACTING CFO 2024576937 1201 CONNECTICUT AVENUE NW 4TH FL WASHINGTON DC 20036 X KAREN KORNBLUH CHAIRPERSON 0.50 X 0 0 0 MARGARET HOOVER VICE CHAIRPERSON 0.50 X 0 0 0 MICHAEL KEMPNER DIRECTOR 0.50 X 0 0 0 KRISTIN LORD DIRECTOR 0.50 X 0 0 0 LISA CURTIS DIRECTOR 0.50 X 0 0 0 JACKSON DIEHL DIRECTOR 0.50 X 0 0 0 TOM MALINOWSKI DIRECTOR 0.50 X 0 0 0 SCOTT CARPENTER DIRECTOR 0.50 X 0 0 0 STEPHEN ALLAN CAPUS PRESIDENT & CEO, (FROM 2/24) 40.00 X X 0 0 0 BENJAMIN HERMAN GENERAL COUNSEL & SECRETARY 40.00 X 190023 0 54317 MARK KONTOS VICE PRESIDENT, CFO, TREASURER 40.00 X 188904 0 40354 TANYA YOUNGERG ASS. SECRETARY AND DEP. GC 40.00 X 168644 0 12874 JEFF GEDMIN ACTING PRES. & CEO, (FROM 7/23) 20.00 X 121118 0 8243 NICOLA CAREEM VP & EDITOR IN CHIEF, (FROM 9/23) 40.00 X 85521 0 9649 MARYLIN ALMA KEATING HEAD OF HUMAN RESOURCES 40.00 X 174893 0 28136 CHRISTINE FETZKO HEAD OF OPERATIONS 40.00 X 171516 0 20278 EMPLOYEE CHIEF TECHNOLOGY OFFICER 40.00 X 166713 0 21875 EMPLOYEE SR. NEWS EDITOR 40.00 X 191802 0 20103 KAREN JOHNSEN COMPTROLLER 40.00 X 178063 0 30658 JAMES LANDIS HEAD OF CORPORATE SECURITY 40.00 X 207458 0 12176 GUY GENOVESE DEPUTY HEAD, CORP SECURITY 40.00 X 177458 0 23911 KIRYL SUKHOTSKI REGIONAL DIRECTOR 40.00 X 181958 0 15495 JAMIE FLY PRES. CEO (UNTIL 6/2023) FORMER OFFICER 40.00 X 232284 0 15478 2436355 0 313547 100 1 1 0 CSI LEASING CZECH SRO KRIZIKOVA 237/36A PRAHA EZ 18600 EQUIPMENT LEASING 2000731 MARK2 CORPORATION CZECH AS POD VISNOVKOU 23 CP 1662 PRAHA EZ 414000 FACILITY SECURITY SERVICES 1244377 DELL BANK INTERNATIONAL DAC NNOVATION HOUSE CHERRYWOOD SCIENCE DUBLIN EI EQUIPMENT LEASING 684433 CREOAL CONSULTING 1200 18TH STREET NW WASHINGTON DC 20036 IT CONTRACTOR 514321 HM GASTRO GROUP SRO BLATENSKA 2169/13 VROVICE PRAHA EZ 14000 FACILITY MANAGEMENT 398879 15 156193531 136779 156330310 178024 178024 158741 158741 0 0 156508334 0 0 178024 X 1818016 186448 1631568 61094931 54151792 6943139 2896837 2556895 339942 15870246 14264143 1606103 9626697 7961399 1665298 793138 793138 708875 191981 516894 22752212 17352849 5399363 780639 121190 659449 2589568 1913930 675638 15066723 14637312 429411 423729 423092 637 16347923 3589846 12758077 1529274 1207802 321472 10529 5179 5350 2431533 2213124 218409 954986 602 954384 MISCELLANEOUS 671527 118717 552810 NEWS AND INFORMATION 583081 546755 36326 156950464 121443056 35507408 0 33245274 29898569 5019943 5055211 1068162 1099636 8958639 7462729 29734339 26981413 2675883 2752926 175262522 177530746 226230423 223799817 18455547 17762675 17740706 12847439 194855741 194742453 231051994 225352567 X -7707571 -4438750 2886000 2886000 -4821571 -1552750 226230423 223799817 X -442130 3710951 X X 0 1 X 0 1 1 X 122382270 127036059 131924794 170745271 156330310 708418704 122382270 127036059 131924794 170745271 156330310 708418704 708418704 540414 617028 551867 731965 336765 2778039 711196743 0.99610 0.99540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2525918 186873 2339045 27208421 26794540 413881 2752926 CASH SURRENDER VALUE OF INSURANCE POLICIES 60696479 DEPOSITS 539296 RIGHT OF USE ASSET 106133872 POSTRETIREMENT BENEFIT ASSET 10161099 177530746 PENSION LIABILITY 58929011 REFUNDABLE ADVANCE 44929 OPERATING LEASE LIABILITY 135768513 194742453 166382078 9715003 158741 9873744 156508334 0 156508334 166824208 9715003 158741 9873744 156950464 0 156950464 PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE EXPENSES INCLUDED AS AN EXPENSE ON THE FINANCIAL 158,741. STATEMENTS, AND NETTED AGAINST SUBLEASE INCOME ON FORM 990, PART VIII, LINE 6B. PART XII, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE EXPENSES INCLUDED AS AN EXPENSE ON THE FINANCIAL 158,741. STATEMENTS, AND NETTED AGAINST SUBLEASE INCOME ON FORM 990, PART VIII, LINE 6B. EUROPE 13 1055 PROGRAM SERVICES JOURNALISM 103173719 RUSSIA AND NEIGHBORING STATES 10 481 PROGRAM SERVICES JOURNALISM 18413828 SOUTH ASIA 0 32 PROGRAM SERVICES JOURNALISM 71469 EUROPE 0 0 LEGAL, SECURITY, ADMIN SVCS TO SUPPORT THE PROGRAMS IN THE REGION 23757036 RUSSIA AND NEIGHBORING STATES 0 0 LEGAL, SECURITY, ADMIN SVCS TO SUPPORT THE PROGRAMS IN THE REGION 734964 23 1568 0 0 23 1568 146151016 0 146151016 0 0 0 0 0 0 X 1 1 X 0 0 0 0 0 0 0 1 0 JAMIE FLY PRES. CEO (UNTIL 6/2023) FORMER OFFI 95076 0 38786 0 98422 0 8716 0 6762 0 247762 0 0 0 BENJAMIN HERMAN GENERAL COUNSEL & SECRETARY 187085 0 2000 0 938 0 18505 0 35812 0 244340 0 0 0 MARK KONTOS VICE PRESIDENT, CFO, TREASURER 186333 0 0 0 2571 0 18184 0 22170 0 229258 0 0 0 JAMES LANDIS HEAD OF CORPORATE SECURITY 155370 0 3000 0 49088 0 10876 0 1300 0 219634 0 0 0 EMPLOYEE SR. NEWS EDITOR 77358 0 3000 0 111444 0 7709 0 12394 0 211905 0 0 0 KAREN JOHNSEN COMPTROLLER 176468 0 0 0 1595 0 17018 0 13640 0 208721 0 0 0 MARYLIN ALMA KEATING HEAD OF HUMAN RESOURCES 153060 0 3000 0 18833 0 14905 0 13231 0 203029 0 0 0 GUY GENOVESE DEPUTY HEAD, CORP SECURITY 113223 0 0 0 64235 0 11120 0 12791 0 201369 0 0 0 KIRYL SUKHOTSKI REGIONAL DIRECTOR 137091 0 0 0 44867 0 10892 0 4603 0 197453 0 0 0 CHRISTINE FETZKO HEAD OF OPERATIONS 155680 0 1000 0 14836 0 14905 0 5373 0 191794 0 0 0 EMPLOYEE CHIEF TECHNOLOGY OFFICER 145517 0 0 0 21196 0 14071 0 7804 0 188588 0 0 0 TANYA YOUNGERG ASS. SECRETARY AND DEP. GC 168300 0 0 0 344 0 11781 0 1093 0 181518 0 0 0 PART I, LINE 1A ALL EXPATRIATE STAFF INCLUDING OFFICERS AND KEY EMPLOYEES (PRAGUE BASED CITIZENS OF A COUNTRY OTHER THAN THE CZECH REPUBLIC) UNDER EMPLOYMENT AGREEMENT GOVERNED BY U.S. LAW ARE ELIGIBLE FOR HOUSING ALLOWANCE. PART I, LINE 7 THE FOLLOWING PART VII INDIVIDUALS RECEIVED MERIT BASED BONUS COMPENSATION: JAMIE FLY $38,786 BENJAMIN HERMAN $2,000 JAMES LANDIS $3,000 EMPLOYEE $3,000 MARYLIN ALMA KEATING $3,000 CHRISTINE FETZKO $1,000 FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTS IN FULL, THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN WAS PREPARED BY THE COMPTROLLER AND REVIEWED BY INDEPENDENT ACCOUNTANTS. THE PREPARED FORM WAS CIRCULATED TO THE SENIOR FINANCE MANAGEMENT TEAM. THE FORM WAS THEN PROVIDED TO THE BOARD SECRETARY FOR DISTRIBUTION TO THE MEMBERS OF THE BOARD OF DIRECTORS. THE FINAL FORM WAS SIGNED BY THE VP, CHIEF FINANCIAL OFFICER & TREASURER AND PROVIDED TO THE INDEPENDENT ACCOUNTANTS FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C FEDERAL EMPLOYEES ARE SUBJECT TO CONFLICT-OF-INTEREST RULES PRESCRIBED BY FEDERAL LAW AND REGULATION. EACH MEMBER OF THE RFE/RL BOARD, IN HIS OR HER CAPACITY AS A MEMBER OF THE BROADCASTING BOARD OF GOVERNORS, FILES A FORM 450 (U.S. OFFICE OF GOVERNMENT ETHICS) FINANCIAL DISCLOSURE REPORT. OGE GUIDANCE INDICATES THAT THE "PURPOSE OF [THAT] REPORT IS TO ASSIST EMPLOYEES AND THEIR AGENCIES IN AVOIDING CONFLICTS BETWEEN OFFICIAL DUTIES AND PRIVATE FINANCIAL INTERESTS OR AFFILIATIONS." ALL EMPLOYEES, INCLUDING OFFICERS, ARE REQUIRED TO MAKE ANNUAL SUBMISSIONS REGARDING THEIR INTERESTS. RFE/RL'S POLICIES AND PROCEDURES MANUAL CONTAINS STRONG, CLEAR LANGUAGE REGARDING CONFLICTS OF INTEREST, INCLUDING PROVISIONS FOR DISCIPLINARY ACTION. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. CASES OF POTENTIAL CONFLICT OF INTEREST ARE REFERRED TO THE RFE/RL GENERAL COUNSEL, WHO INVESTIGATES AND MAKES A DETERMINATION AS TO WHETHER OR NOT THE CONFLICT OF INTEREST POLICY HAS BEEN VIOLATED. IF RFE/RL DETERMINES THAT THE POLICY HAS BEEN VIOLATED, THE EMPLOYEE IN QUESTION IS SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION FOR THE EXECUTIVE DIRECTOR/PRESIDENT IS SET BY STATUTE AT EXECUTIVE LEVEL IV. THE PROCESS DOES NOT INCLUDE COMPARABILITY, MARKET DATA, DELIBERATION, OR REVIEW. COMPENSATION FOR THREE SENIOR EXECUTIVE POSITIONS IN WASHINGTON, D.C., IS SET BY STATUTE AT EXECUTIVE LEVEL III. THE PROCESS DOES NOT INCLUDE COMPARABILITY, MARKET DATA, DELIBERATION, OR REVIEW; HOWEVER, THE PROCESS FOR KEY PERSONNEL INCLUDES COMPARABILITY, MARKET DATA, DELIBERATION, AND REVIEW SUBJECT TO EXECUTIVE LEVEL IV MAXIMUMS. THE LAST COMPENSATION REVIEW TOOK PLACE IN JANUARY 2024. FORM 990, PART VI, SECTION C, LINE 19 RFE/RL, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: SEVERAL FORMER DIRECTORS RECEIVED COMPENSATION FROM A RELATED ORGANIZATION. RFE/RL HAS REQUESTED THE INFORMATION BUT AS OF FILING IT WASN'T PROVIDED BY THE RELATED ORGANIZATION. BASED ON PRIOR YEAR AMOUNTS, MANAGEMENT BELIEVES THE AMOUNT REPORTABLE TO RFE/RL IS MINIMAL. FORM 990, PART IX, LINE 11G RESEARCH: PROGRAM SERVICE EXPENSES 4,438. MANAGEMENT AND GENERAL EXPENSES 137,122. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 141,560. TRANSLATION: PROGRAM SERVICE EXPENSES 171,063. MANAGEMENT AND GENERAL EXPENSES 1,831. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 172,894. TRANSPORT SERVICES: PROGRAM SERVICE EXPENSES 208,393. MANAGEMENT AND GENERAL EXPENSES 2,662. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 211,055. BUREAU SERVICES: PROGRAM SERVICE EXPENSES 231. MANAGEMENT AND GENERAL EXPENSES 65,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,531. FREELANCE SERVICES: PROGRAM SERVICE EXPENSES 10,626,574. MANAGEMENT AND GENERAL EXPENSES 20,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,646,574. CONTENT SUPPORT: PROGRAM SERVICE EXPENSES 4,742,882. MANAGEMENT AND GENERAL EXPENSES 29,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,772,382. OTHER PROF. FEES: PROGRAM SERVICE EXPENSES 1,544,405. MANAGEMENT AND GENERAL EXPENSES 2,497,101. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,041,506. GENERAL SUPPORT SERVICES: PROGRAM SERVICE EXPENSES 54,863. MANAGEMENT AND GENERAL EXPENSES 739,390. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 794,253. PROTECTIVE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,906,457. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,906,457. FORM 990, PART XI, LINE 9: CHANGE IN PENSION BENEFIT AND POST-RETIREMENT LIABILITY OBLIGATIONS 3,938,961. CHANGE IN FAIR VALUE OF CASH SURRENDER VALUE -445,912. TRANSLATION GAIN/LOSS -189,547. INSURANCE REIMBURSEMENT 407,449. FORM 990, PART XII, LINE 2C: THE BOARD MEMBERS ARE CHOSEN BASED ON THEIR EXPERTISE IN MASS COMMUNICATIONS, BROADCAST MEDIA, OR INTERNATIONAL AFFAIRS. THE VP, CHIEF FINANCIAL OFFICER (CFO) & TREASURER IS RESPONSIBLE TO THE BOARD OF DIRECTORS FOR THE INTEGRITY OF THE FINANCIAL STATEMENTS. THE COMPTROLLER COORDINATES THE AUDIT ON BEHALF OF THE CHIEF FINANCIAL OFFICER. THE RESULTS ARE REVIEWED WITH THE CFO WHO IN TURN PRESENTS THE FINANCIAL RESULTS TO THE BOARD. THE INDEPENDENT ACCOUNTANTS ARE CHOSEN BY A RIGOROUS, COMPETITIVE PROPOSAL PROCESS. THERE IS NO AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. UNITED STATES AGENCY FOR GLOBAL MEDIA 330 INDEPENDENCE AVE WASHINGTON DC 20237 522260085 INFORM AND CONNECT PEOPLE AROUND THE WORLD DC N/A N/A 0 MIDDLE EAST BROADCASTING 7600 BOSTON BLVD SPRINGFIELD VA 22153 421591205 PROVIDE OBJECTIVE AND ACCURATE NEWS VA 501(C)(3) LINE 7 UNITED STATES AGENCY FOR GLOBAL MEDIA 0 RADIO FREE ASIA 2025 M STREET NW SUITE 300 WASHINGTON DC 20036 521968145 PROVIDE ACCURATE AND TIMELY NEWS DC 501(C)(3) LINE 7 UNITED STATES AGENCY FOR GLOBAL MEDIA 0 RFERL INC WELFARE BENEFIT PLAN FOR RETIREES 1201 CONNECTICUT AVE NW STE 400 WASHINGTON DC 20036 522047324 PROVIDE RETIREE MEDICAL AND LIFE INSURANCE BENEFITS DC 501(C)(9) RFERL INC 1 FREEDOM BROADCASTING FOUNDATION INC 1201 CONNECTICUT AVE NW STE 400 WASHINGTON DC 20036 131669433 AID IN THE CAUSE FOR FREEDOM NY 501(C)(3) LINE 7 RFERL INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 UNITED STATES AGENCY FOR GLOBAL MEDIA C 156045743 GRANT AGREEMENT UNITED STATES AGENCY FOR GLOBAL MEDIA N 125677 FMV RFERL INC WELFARE BENEFIT PLAN FOR RETIREES Q 17596 CASH RFERL INC WELFARE BENEFIT PLAN FOR RETIREES R 564312 CASH UNITED STATES AGENCY FOR GLOBAL MEDIA Q 421390 CASH PART I, IDENTIFICATION OF DISREGARDED ENTITIES, PRIMARY ACTIVITY: PRODUCE AND DISTRIBUTE MULTIMEDIA NEWS AND INFORMATIONAL CONTENT WITHIN THE RUSSIAN FEDERATION. PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGS., PRIMARY ACTIVITY: NAME OF RELATED ORGANIZATION: UNITED STATES AGENCY FOR GLOBAL MEDIA (USAGM) PRIMARY ACTIVITY: INFORM AND CONNECT PEOPLE AROUND THE WORLD IN SUPPORT OF FREEDOM AND DEMOCRACY. NAME OF RELATED ORGANIZATION: MIDDLE EAST BROADCASTING NETWORKS (MBN) PRIMARY ACTIVITY: PROVIDE OBJECTIVE, ACCURATE, AND RELEVANT NEWS AND INFORMATION TO THE PEOPLE OF THE MIDDLE EAST ABOUT THE REGION, THE WORLD, AND THE UNITED STATES. NAME OF RELATED ORGANIZATION: RADIO FREE ASIA (RFA) PRIMARY ACTIVITY: BROADCAST NEWS AND INFORMATION TO LISTENERS IN ASIAN COUNTRIES WHERE FULL, ACCURATE, AND TIMELY NEWS REPORTS ARE UNAVAILABLE. NAME OF RELATED ORGANIZATION: RFE/RL, INC. POST-RETIREMENT MEDICAL/LIFE VEBA TRUST PRIMARY ACTIVITY: PROVIDE RETIREE MEDICAL AND LIFE INSURANCE BENEFITS TO RFE/RL U.S. ELIGIBLE EMPLOYEES WHO ARE UNITED STATES CITIZENS. NAME OF RELATED ORGANIZATION: FREEDOM BROADCASTING FOUNDATION (FBF) PRIMARY ACTIVITY: AID THE CAUSE OF FREEDOM BY RAISING FUNDS FOR TRAINING AND SUPPORTING JOURNALISTS. PART V, TRANSACTIONS WITH RELATED ORGANIZATIONS, QUESTION 2: THE FOLLOWING FOUR ENTITIES ARE REFERRED TO AS AGENCIES UNDER UNITED STATES AGENCY FOR GLOBAL MEDIA (USAGM). ACCORDINGLY, ANY TRANSACTION BETWEEN RFE/RL AND THESE AGENCIES IN PART V IS LISTED UNDER USAGM. 1) IBB - INTERNATIONAL BROADCASTING BUREAU PROVIDES TECHNICAL SUPPORT WITHIN THE USAGM BY SUPPORTING THE DAY-TO-DAY OPERATIONS OF VOICE OF AMERICA AND THE OFFICE OF CUBA BROADCASTING. 2) TSI - TECHNOLOGY SERVICE AND INNOVATION MANAGES RADIO AND TV PROGRAM TRANSMISSION, INFORMATION TECHNOLOGY, AGENCY INFRASTRUCTURE, AND OTHER TECHNICAL FUNCTIONS UPPORTING USAGM NETWORKS. 3) OCB - OFFICE OF CUBAN BROADCASTING HAS A MISSION TO PROMOTE FREEDOM AND DEMOCRACY BY PROVIDING THE PEOPLE OF CUBA WITH OBJECTIVE NEWS AND INFORMATION PROGRAMMING. 4) VOA - VOICE OF AMERICA SERVES AS A RELIABLE AND AUTHORITATIVE SOURCE OF NEWS. VOA REPRESENTS AMERICA, NOT ANY SINGLE SEGMENT OF AMERICAN SOCIETY, AND AIMS TO PRESENT A BALANCED AND COMPREHENSIVE PROJECTION OF SIGNIFICANT AMERICAN THOUGHT AND INSTITUTIONS. VOA PRESENTS THE POLICIES OF THE UNITED STATES CLEARLY AND EFFECTIVELY, AND WILL ALSO PRESENT RESPONSIBLE DISCUSSIONS AND OPINIONS ON THESE POLICIES.