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FORM 990, PART VI, SECTION B, LINE 11 | THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE PROVIDED TO THE CEO, CHAIRMAN OF THE BOARD AND AUDIT COMMITTEE IN DRAFT FORM. THEY REVIEW THE DOCUMENTS AND, ONCE APPROVED, THEY ARE PRESENTED TO THE ENTIRE BOARD. UPON THEIR APPROVAL, THESE ARE AVAILABLE FOR DISTRIBUTION AND FILING. |
FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, THE CORPORATE GOVERNANCE COMMITTEE DELIVERS THE CONFLICT OF INTEREST POLICY TO EACH BOARD MEMBER. THE POLICY IS READ BY EACH MEMBER OF THE BOARD AND THEY ARE REQUESTED TO SIGN AN ACCEPTANCE FORM FOR THE CONFLICT OF INTEREST POLICY. THE ACCEPTANCE RATE HAS BEEN 100%. |
FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE CEO & EXECUTIVE DIRECTOR WHO REVIEWS SALARIES FOR VARIOUS NON-PROFIT ORGANIZATIONS AND PRESENTS A RANGE TO THE EXECUTIVE COMMITTEE. THE PRINCIPAL OFFICER DETERMINES THE ACTUAL COMPENSATION AND/OR RAISE. COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD. |
FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS ALSO AVAILABLE IN THE SECRETARY OF STATE'S OFFICE WHERE FILED AND ON THE INTERNET. |
FORM 990, PART XI, LINE 9: | IMPAIRMEMT LOSS ON BUILDING HELD FOR SALE. -850,000. PENSION RELATED CHANGES 70,959. |
FORM 990, PART XII, LINE 2C | THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR. |
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