TY 2017 Form 990 Schedule O

efile Public Visual Render ObjectId: 201843189349306419 - Submission: 2018-11-14 TIN: 99-0109908

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2017

Open to Public
Inspection

Name of the organization

POLYNESIAN CULTURAL CENTER

Employer identification number

99-0109908

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 7A	THE BYLAWS OF THE ORGANIZATION PROVIDE THAT THE MEMBERS OF THE BOARD OF DIRECTORS ARE APPOINTED BY THE FIRST PRESIDENCY OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS CAREFULLY REVIEWED BY THE ORGANIZATION'S CONTROLLER, VICE PRESIDENT OF FINANCE AND PRESIDENT PRIOR TO FILING. THE FORM 990 IS ALSO REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL AND IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING FOR THEIR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12C	ALL NEW EMPLOYEES ARE PROVIDED A COPY OF THE CENTERS CONFLICT OF INTEREST POLICY AND MUST PROVIDE WRITTEN CERTIFICATION THAT THEY ARE IN COMPLIANCE WITH THIS POLICY OR DISCLOSE POSSIBLE EXCEPTIONS TO THAT POLICY. ADDITIONALLY, ALL EMPLOYEES ARE REQUIRED TO ANNUALLY CERTIFY THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND ARE IN COMPLIANCE WITH THIS POLICY. ALL DISCLOSED POSSIBLE EXCEPTIONS ARE FURTHER REVIEWED BY THE OFFICER TEAM. ALSO, A DISCLOSURE QUESTIONNAIRE IS DISTRIBUTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS WHERE THEY CONFIRM WHETHER ANY FAMILY OR BUSINESS RELATIONSHIPS EXIST AMONG THEMSELVES OR WITH THE CENTER.
FORM 990, PART VI, SECTION B, LINE 15	THE CENTERS BENEFIT/COMPENSATION DEPARTMENT USES DATA FROM WATSON WYATT SERVICES AND THE HAWAII EMPLOYERS COUNCIL TO FORMULATE SALARY RANGES FOR EXECUTIVES. THE GOAL IS TO REMAIN COMPETETIVE IN HAWAII AND TO BE ABLE TO RECRUIT POTENTIAL EMPLOYEES FROM THE MAINLAND. THE INFORMATION IS COMPILED INTO A REPORT AND IS PROVIDED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD USES THIS INFORMATION TO DETERMINE THE CEO'S SALARY AND ALSO GIVES APPROVAL FOR SALARIES TO OTHER OFFICERS OF THE CENTER.
FORM 990, PART VI, SECTION C, LINE 19	COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC OTHER THAN INFORMATION AVAILABLE IN THE FORM 990 AND FORM 1023 WHICH ARE PROVIDED UPON REQUEST.
FORM 990, PART XI, LINE 9:	2016 HAWAII CAPITAL GOODS CREDIT 13,478. 2017 HAWAII CAPITAL GOODS CREDIT -12,008. PENSION AND POSTRETIREMENT-RELATED CHANGES -3,577,000. ROUNDING DIFFERENCE 587.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 7A

THE BYLAWS OF THE ORGANIZATION PROVIDE THAT THE MEMBERS OF THE BOARD OF DIRECTORS ARE APPOINTED BY THE FIRST PRESIDENCY OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS.

FORM 990, PART VI, SECTION B, LINE 11B

THE FORM 990 IS CAREFULLY REVIEWED BY THE ORGANIZATION'S CONTROLLER, VICE PRESIDENT OF FINANCE AND PRESIDENT PRIOR TO FILING. THE FORM 990 IS ALSO REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL AND IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING FOR THEIR REVIEW.

FORM 990, PART VI, SECTION B, LINE 12C

ALL NEW EMPLOYEES ARE PROVIDED A COPY OF THE CENTERS CONFLICT OF INTEREST POLICY AND MUST PROVIDE WRITTEN CERTIFICATION THAT THEY ARE IN COMPLIANCE WITH THIS POLICY OR DISCLOSE POSSIBLE EXCEPTIONS TO THAT POLICY. ADDITIONALLY, ALL EMPLOYEES ARE REQUIRED TO ANNUALLY CERTIFY THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND ARE IN COMPLIANCE WITH THIS POLICY. ALL DISCLOSED POSSIBLE EXCEPTIONS ARE FURTHER REVIEWED BY THE OFFICER TEAM. ALSO, A DISCLOSURE QUESTIONNAIRE IS DISTRIBUTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS WHERE THEY CONFIRM WHETHER ANY FAMILY OR BUSINESS RELATIONSHIPS EXIST AMONG THEMSELVES OR WITH THE CENTER.

FORM 990, PART VI, SECTION B, LINE 15

THE CENTERS BENEFIT/COMPENSATION DEPARTMENT USES DATA FROM WATSON WYATT SERVICES AND THE HAWAII EMPLOYERS COUNCIL TO FORMULATE SALARY RANGES FOR EXECUTIVES. THE GOAL IS TO REMAIN COMPETETIVE IN HAWAII AND TO BE ABLE TO RECRUIT POTENTIAL EMPLOYEES FROM THE MAINLAND. THE INFORMATION IS COMPILED INTO A REPORT AND IS PROVIDED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD USES THIS INFORMATION TO DETERMINE THE CEO'S SALARY AND ALSO GIVES APPROVAL FOR SALARIES TO OTHER OFFICERS OF THE CENTER.

FORM 990, PART VI, SECTION C, LINE 19

COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC OTHER THAN INFORMATION AVAILABLE IN THE FORM 990 AND FORM 1023 WHICH ARE PROVIDED UPON REQUEST.

FORM 990, PART XI, LINE 9:

2016 HAWAII CAPITAL GOODS CREDIT 13,478. 2017 HAWAII CAPITAL GOODS CREDIT -12,008. PENSION AND POSTRETIREMENT-RELATED CHANGES -3,577,000. ROUNDING DIFFERENCE 587.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2017

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