| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et |
THE FOLLOWING BOARD MEMBERS HAVE A BUSINESS RELATIONSHIP: SUSANNE KOGUT, JUSTIN TICHY, KATIE NAUMAN, AARON WEISS. |
| Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company |
and PART VII, SECTION A:ALTHOUGH THE COMPENSATION PAID TO A MANAGEMENT COMPANY'S EMPLOYEES, INCLUDING THE TOP MANAGEMENT OFFICIAL, IS NOT REQURIED TO BE DISCLOSED IN THIS INFORMATIONAL RETURN, PETCO LOVE RECOGNIZES THAT THE COMPENSATION OF THE PRESIDENT, AS THE TOP MANAGEMENT OFFICIAL, IS OF SIGNIFICANT INTEREST TO DONORS TO THE ORGANIZATION. ACCORDINGLY, THE COMPENSATION OF SUSANNE KOGUT, WHO SERVED AS THE PETCO LOVE PRESIDENT, DURING THE FISCAL YEAR ENDED APRIL 30, 2022, IN RELATION TO THE MANAGEMENT COMPANY ARRANGEMENT WITH PETCO LOVE, TOTALED $339,260. THIS AMOUNT WAS COMPRISED OF BASE COMPENSATION OF $243,147, BONUS COMPENSATION OF $85,031, & OTHER COMPENSATION OF $11,082. |
| Form 990, Part VI, Line 11b: Form 990 Review Process |
FORM 990 IS PREPARED BY AN OUTSIDE TAX PREPARER AND REVIEWED BY MANAGEMENT OF THE ORGANIZATION AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. PRIOR TO THE FILING OF THE FORM 990, A DRAFT COPY IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
THE ORGANIZATION MONITORS ITS CONFLICT OF INTEREST POLICY BY HAVING ALL OFFICERS AND DIRECTORS COMPLETE ANNUAL CONFLICT OF INTEREST STATEMENTS. THESE ANNUAL DISCLOSURES ARE REVIEWED AND ADDRESSED BY THE BOARD'S GOVERNANCE COMMITTEE. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THAT INDIVIDUAL CANNOT PARTICIPATE IN THE DELIBERATIONS OR VOTE WITH RESPECT OT TRANSACTIONS RELATED TO THE CONFLICT. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
The Executive Committee of the Board of Directors annually reviews the compensation of the President and the senior management team of the Organization. The process includes the following: 1) a review of comparative data for salaries of the President and senior manager compensation gathered using independent salary survey data; 2) a review of the performance evaluation of the President and senior management; 3) a determination of compensation warranted after review and discussion of materials; and presentation to the Board of Directors for approval for the President's salary. No person whose compensation is reviewed under this process has any vote regarding the level of compensation. Petco Animal Supplies, Inc. is reimbursed, by agreement, as management services expense, for the portion of compensation concerning Petco Love. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
The Executive Committee of the Board of Directors annually reviews the compensation of the President and the senior management team of the Organization. The process includes the following: 1) a review of comparative data for salaries of the President and senior manager compensation gathered using independent salary survey data; 2) a review of the performance evaluation of the President and senior management; 3) a determination of compensation warranted after review and discussion of materials; and presentation to the Board of Directors for approval for the President salary. No person whose compensation is reviewed under this process has any vote regarding the level of compensation. Petco Animal Supplies, Inc. is reimbursed, by agreement, as management services expense, for the portion of compensation concerning Petco Love. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Attach to Form 990 or 990-EZ.