2024-05-14T13:57:07-05:00 2023-06-30 042734675 DANIEL DENNIS & COMPANY LLP 990 WASHINGTON STREET STE 203 DEDHAM MA 02026 990 2022-07-01 222579809 TWO TEN FOOTWEAR FOUNDATION INC TWOT 7817361524 1466 MAIN STREET WALTHAM MA 02451 CLYDE SYLVIA CFO 7817361524 2024-05-14 CLYDE SYLVIA 999009999 0 KENNETH LUND P01430775 6172629898 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CLYDE SYLVIA 1466 MAIN STREET WALTHAM MA 02451 17772403 0 X WWW.TWOTEN.ORG X 1939 MA CASE MANAGEMENT SERVICES, NAMELY THE COORDINATION OF NECESSARY FINANCIAL, EDUCATIONAL, SOCIAL AND COUNSELING SERVICES TO INDIVIDUALS EMPLOYED OR FORMERLY EMPLOYED IN THE SHOE INDUSTRY OR THE IMMEDIATE FAMILY MEMBERS OF SUCH PERSONS. 34 33 18 0 0 49952 3292868 3471068 0 0 2510825 1188069 8869 0 5812562 4659137 2187417 2265632 0 0 2362173 2019008 0 0 847459 1211065 1423609 5760655 5708249 51907 -1049112 38171628 38309975 605324 734689 37566304 37575286 X CASE MANAGEMENT SERVICES, NAMELY THE COORDINATION OF NECESSARY FINANCIAL, EDUCATIONAL, SOCIAL AND COUNSELING SERVICES TO INDIVIDUALS EMPLOYED OR FORMELY EMPLOYED IN THE SHOE INDUSTRY OR THE IMMEDIATE FAMILY MEMBERS OF SUCH PERSONS. 0 0 3349312 2265632 TWO TEN CHANGES THE LIVES OF FOOTWEAR EMPLOYEES AND THEIR FAMILIES DURING TIMES OF IMMEDIATE CRISIS BY PROVIDING EMERGENCY FINANCIAL ASSISTANCE TO COVER HOUSING COSTS, UTILITY BILLS, CAR REPAIRS, AND OTHER IMMEDIATE NEEDS; NATURAL DISASTER RELIEF; REFERRALS TO SPECIAL SERVICES SUCH AS CRISIS INTERVENTION, CREDIT, AND DEBT COUNSELING, AND OTHER SIMILAR LIFE SKILLS SERVICES; AND ESSENTIAL COMMUNITY RESOURCES. FUNDS ARE PAID DIRECTLY TO FOOTWEAR EMPLOYEES VIA E-CHECK. PAYMENTS RANGE FROM $1,000 - $3,000 BASED ON NEED.THE POPULATIONS OF FOOTWEAR FAMILIES WE ASSIST WORK IN RETAIL SALES, CUSTOMER SERVICE REPRESENTATIVES, FACTORIES, WAREHOUSES, AND DISTRIBUTION CENTERS. MOST PEOPLE WE ASSIST WORK IN LOWER-WAGE POSITIONS AND ARE VULNERABLE TO LOSS OF INCOME AT DIFFERENT TIMES OF THE YEAR WHEN BUSINESS SLOWS OR ORDERS IN A FACTORY OR WAREHOUSE DECREASE. TWO TEN PROVIDES RESOURCES FOR FOOTWEAR EMPLOYEES FROM 50 STATES, PUERTO RICO, AND THE U.S. VIRGIN ISLANDS. IN FY23, THE TOP FIVE STATES SEEKING TWO TEN'S SERVICES WERE PUERTO RICO, FLORIDA, INDIANA, TENNESSEE AND TEXAS. IN FY23, THE TWO TEN RELIEF SERVICES TEAM ASSISTED 1,891 FOOTWEAR FAMILIES WITH EMERGENCY ASSISTANCE. TWO TEN RECEIVED CALLS FROM 3,847 FOOTWEAR WORKERS OR THEIR FAMILIES, AND 99% OF THOSE RECEIVED A CALL BACK WITHIN TWO BUSINESS DAYS TO COMPLETE OUR INTAKE PROCESS. THE PERSONAL AND CONFIDENTIAL 30-MINUTE INTAKE CALL DETERMINES ELIGIBILITY AND HOW BEST TO MEET IMMEDIATE NEEDS. IN FY23, 69% OF CALLERS WERE FEMALE, AND 31% WERE MALE. THE THREE LARGEST AGE GROUPS WHO CALLED WERE BETWEEN THE AGES OF 33-50 (45%), 18-32 (38%), AND 14% OF CALLERS WHO FELL ABOVE THE AGE OF 51. THE REASON MOST CITED BY THOSE NEEDING ASSISTANCE WAS "FINANCIAL ISSUES," FOLLOWED BY "HEALTH AND "NATURAL DISASTERS."IN FY23, TWO TEN SERVED 2,237 FOOTWEAR EMPLOYEES WITH SPECIAL SERVICES, INCLUDING 881 REFERRALS TO OUR TELEPHONIC MENTAL HEALTH COUNSELING SERVICES AND 14,130 REFERRALS TO LOCAL COMMUNITY RESOURCES, SUCH AS UNITED WAY, RED CROSS, AND THE SALVATION ARMY. EDUCATION EXPENSE:AS PART OF OUR COMMITMENT TO STRENGTHENING THE FOOTWEAR INDUSTRY, TWO TEN FOOTWEAR FOUNDATION OFFERS FOOTWEAR EMPLOYEES AND THEIR FAMILIES HIGHER EDUCATION SCHOLARSHIPS BASED ON FINANCIAL NEED, ACADEMIC ABILITY, AND PERSONAL PROMISE. IN FY23, TWO TEN FUNDED 150 STUDENTS WITH SCHOLARSHIPS. 99% OF THE STUDENTS ARE FULL-TIME STUDENTS, WHILE 1% OF THE STUDENTS ARE PART-TIME. SCHOLARSHIP FUNDS WERE AWARDED TO 84 RENEWAL SCHOLARS AND 65 NEW SCHOLARS. MOST STUDENTS RECEIVED AN AWARD BETWEEN $4,000 AND $5,000 WITH THE OPPORTUNITY TO RENEW ANNUALLY IF THEY MAINTAIN A REQUIRED GPA OF AT LEAST 2.5. ALL NEW SCHOLARSHIP AWARDS WILL AVERAGE $4,000 PER ANNUM, RENEWABLE FOR THREE YEARS. TWO TEN ALSO PROVIDES A SCHOLARSHIP FOR MILITARY VETERANS OR THEIR DEPENDENTS CALLED THE FOOTWEAR WARRIORS ENDOWED SCHOLARSHIP. THIS SCHOLARSHIP IS MADE AVAILABLE TO THE MEN AND WOMEN WHO HAVE SERVED OUR U.S. MILITARY AND ARE CURRENTLY WORKING IN THE FOOTWEAR INDUSTRY OR THEIR DEPENDENTS.WITH THE COST OF HIGHER EDUCATION SOARING, TWO TEN SCHOLARSHIPS HELP EASE THE BURDEN FOR FOOTWEAR EMPLOYEES OR THEIR DEPENDENTS ATTENDING COLLEGE. TO BE ELIGIBLE TO APPLY AND BE CONSIDERED FOR A TWO TEN SCHOLARSHIP, THE APPLICANT MUST BE WORKING WITHIN THE FOOTWEAR INDUSTRY FOR A MINIMUM OF TWO YEARS OR THE CHILD OF A PARENT WORKING IN THE INDUSTRY FOR THE SAME DURATION. THE SCHOLARS WORKING IN THE FOOTWEAR INDUSTRY COMPRISED 23% OF THE TOTAL POOL, WHILE 75% HAD PARENTS WORKING IN THE FOOTWEAR INDUSTRY AND 1% WERE DESIGN STUDENTS. THE APPLICATION ADMINISTRATION PROCESS IS OUTSOURCED TO THE INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES (ISTS). AFTER ISTS PRESENTS THE COMPLETED APPLICATIONS, TWO TEN SCHOLARSHIP STAFF RANK APPLICANTS USING A SCORING RUBRIC WEIGHTED BY THE FOLLOWING SYSTEM: 70% FINANCIAL NEED, 15% SPECIAL CIRCUMSTANCE, AND 15% ACADEMICS BASED ON GPA. TWO TEN THEN SELECTS THE TOP STUDENTS FROM THE NEW POOL AND THOSE WHO MAINTAINED ELIGIBILITY FROM THE RENEWAL POOL UNTIL THE ENDOWMENT HAS BEEN SPENT. 114826 COMMUNITY BUILDING (FORMERLY MEMBER AND EDUCATION):TWO TEN FOOTWEAR FOUNDATION IS DEDICATED TO BUILDING A STRONGER FOOTWEAR COMMUNITY BY OFFERING NATIONAL EDUCATIONAL AND PROFESSIONAL DEVELOPMENT PROGRAMS DESIGNED TO PROVIDE OPPORTUNITIES TO ENGAGE WITH AND LEARN FROM FELLOW MEMBERS AND LEADERS OF THE FOOTWEAR INDUSTRY WHILE SUPPORTING TWO TEN. COMMUNITY ENGAGEMENT INITIATIVES EACH OFFER DIFFERENT ACTIVITIES AND OUTCOMES BASED ON THE INDIVIDUAL NEEDS OF ITS TARGETED CONSTITUENTS INCLUDE WOMEN IN FOOTWEAR INDUSTRY (WIFI) AND HUMAN RESOURCES LEADERSHIP.WIFI FOCUSES ON INSPIRING, MENTORING, AND CONNECTING WOMEN AT ALL LEVELS OF THEIR CAREERS AND CREATING ADVOCATES FOR TWO TEN. WIFI ACCOMPLISHES ITS GOALS BY HOLDING VIRTUAL NETWORKING AND PROFESSIONAL DEVELOPMENT EVENTS TWICE TO THREE TIMES PER YEAR. IN EACH INSTANCE, THE TOPIC MATTER AND PROGRAM FORMAT ARE DESIGNED TO BE RELEVANT AND SCALABLE TO MEET THE NEEDS AND INTERESTS OF EACH REGIONAL AREA. THE HUMAN RESOURCES LEADERSHIP COUNCIL (HRLC) CONNECTS HUMAN RESOURCES PROFESSIONALS WITHIN THE FOOTWEAR INDUSTRY FOR THOUGHT LEADERSHIP SPECIFIC TO HR AND TO CREATE ADVOCACY FOR TWO TEN AND ITS MISSION. HRLC WORKS ON TWO TEN'S BEHALF TO INCREASE AWARENESS OF THE FOUNDATION WITHIN THEIR COMPANIES AND TO ENSURE FOOTWEAR EMPLOYEES KNOW ABOUT TWO TEN'S SERVICES AND PROGRAMS. HRLC ALSO WORKS TOGETHER TO REACH OTHER HR PROFESSIONALS TO EDUCATE AND ENGAGE THEM IN THE FOUNDATION'S PROGRAMS AND SERVICES, SCHOLARSHIP OFFERINGS, AND THE COMMUNITY GROUPS AVAILABLE TO MEMBERS OF THE FOOTWEAR INDUSTRY. 563750 INDUSTRY EDUCATION (FORMERLY LEADERSHIP DEVELOPMENT):THE TWO TEN FOOTWEAR FOUNDATION IS COMMITTED TO PROVIDING THE HELP AND RESOURCES NEEDED TO IMPROVE THE LIVES AND CAREERS OF FOOTWEAR PROFESSIONALS. IN FY23, INDUSTRY EDUCATION - OR OUTREACH - WAS INCORPORATED INTO EVERY POSSIBLE ACTIVITY TO MAXIMIZE THE OUTCOMES; EVERY OPPORTUNITY WAS UTILIZED TO INCREASE AWARENESS OF THE FOUNDATION'S OFFERINGS WITHIN ITS SERVICE INDUSTRY. TWO TEN HOSTED THE HIGHLY VISIBLE ANNUAL GALA FUNDRAISING EVENT IN JUNE OF 2023. . DURING FY23, TWO TEN INCORPORATED OUTREACH INTO DOZENS OF VIRTUAL CORPORATE VISITS AND MADE PRESENTATIONS TO AMERICAN FOOTWEAR WORKERS. ADDITIONALLY, TWO TEN WORKED WITH ITS STRATEGIC PARTNERS TO PRESENT THE FOUNDATION TO TARGETED AUDIENCES THROUGH PRINT, DIGITAL AND VIRTUAL PRESENTATIONS. SOCIAL MEDIA AND DIGITAL COMMUNICATIONS CONTINUE TO INCREASE IN RELEVANCE AND IMPORTANCE AS CRITICAL COMMUNICATION TOOLS, PROVIDING VIBRANT FORUMS TO REACH, ENGAGE AND EDUCATE THE FOOTWEAR COMMUNITY. TWO TEN'S CONTENT DEVELOPMENT AND MANAGEMENT STRATEGY FOR ITS SOCIAL PROPERTIES DURING FY23 WERE FURTHER EXPANDED, WITH A DATABASE OF CLIENT STORIES PUSHED OUT THROUGH RELEVANT CHANNELS, INCLUDING FACEBOOK, TWITTER, INSTAGRAM, AND LINKEDIN. THE FOUNDATION HAS SEEN AN UPTICK IN ITS FOLLOWERS ON MULTIPLE DIGITAL PROPERTIES AND NEW VISITORS TO ITS WEBSITE PLATFORM. APPLICATIONS FOR TWO TEN'S SCHOLARSHIP OFFERINGS, INTAKE CALLS, AND ATTENDANCE AT COMMUNITY GROUP EVENTS HAVE GROWN DUE TO THIS EFFORT. 4027888 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 18 0 1 1 0 0 0 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CLYDE SYLVIA 7817361500 1466 MAIN STREET WALTHAM MA 02452 X DIANE SULLIVAN DIRECTOR 1.00 X 0 0 0 MICHAEL ATMORE DIRECTOR 1.00 X 0 0 0 CAROL BAIOCCHI DIRECTOR 1.00 X 0 0 0 JEFF ESPERSEN DIRECTOR 1.00 X 0 0 0 TSERING NAMGYAL DIRECTOR 1.00 X 0 0 0 DEBBIE FERREE DIRECTOR 1.00 X X 0 0 0 GLENN BARRETT DIRECTOR 1.00 X 0 0 0 SUSAN ITZKOWITZ DIRECTOR 1.00 X 0 0 0 GREG TUNNEY DIRECTOR 1.00 X 0 0 0 TACEY POWERS DIRECTOR 1.00 X 0 0 0 TRACEY MCLEOD DIRECTOR 1.00 X 0 0 0 JONATHAN FRANKEL VICE CHAIR 1.00 X X 0 0 0 JIM SALZANO DIRECTOR 1.00 X 0 0 0 DANNY MUSKAT DIRECTOR 1.00 X 0 0 0 DAVID KAHAN DIRECTOR 1.00 X 0 0 0 GREGG RIBATT DIRECTOR 1.00 X 0 0 0 LARRY SIFF SECRETARY 1.00 X X 0 0 0 BEVERLY GOLDBERG DIRECTOR 1.00 X 0 0 0 BLAKE KRUEGER DIRECTOR 1.00 X 0 0 0 RONNIE JEFFERSON DIRECTOR 1.00 X 0 0 0 JIM ISSLER DIRECTOR 1.00 X 0 0 0 GIOVANNA CIPRIANO DIRECTOR 1.00 X 0 0 0 CHRISTINA GIGANTE DIRECTOR 1.00 X 0 0 0 KATHY FORSTADT DIRECTOR 1.00 X 0 0 0 JOEL OBLONSKY DIRECTOR 1.00 X 0 0 0 BETH CROSS TREASURER 1.00 X X 0 0 0 JENNET CHOW DIRECTOR 1.00 X 0 0 0 PHILIPPA NEWMAN DIRECTOR 1.00 X 0 0 0 ED ROSENFELD DIRECTOR 1.00 X 0 0 0 JOE PRESTON CHAIR 1.00 X 0 0 0 MARTIN BERMAN DIRECTOR 1.00 X 0 0 0 SETH CAMPBELL DIRECTOR 1.00 X 0 0 0 TRACY PAOLETTI DIRECTOR 1.00 X 0 0 0 SHAWN OSBORNE PRESIDENT AND CEO 37.50 X 336779 0 32448 TERRI RAWSON CHIEF MARKETING & DEVELOPM 37.50 X 219835 0 27511 CLYDE SYLVIA CFO/COO 37.50 X 165017 0 21743 LISA TACKER VP RELIEF PROGRAM AND INFO 37.50 X 169402 0 21837 891033 0 103539 4 0 1 0 0 3471068 3471068 293581 293581 14007754 13113266 894488 894488 894488 4659137 0 0 1188069 2265632 2265632 994571 607767 229988 156816 740469 440663 185634 114172 50194 29051 12602 8541 112241 83343 8008 20890 121533 74550 26557 20426 2327 2327 42000 42000 27900 27900 10650 6760 1190 2700 157363 100705 17576 39082 86548 11317 62805 12426 58340 58340 43253 27682 4758 10813 18819 12811 1003 5005 CONSULTING EXPENSE 521075 126325 16049 378701 BAD DEBT EXPENSE 243285 155702 26761 60822 LEASE EXPENSES 100618 100618 TELEPHONE 31600 20224 3476 7900 79831 37456 33210 9165 5708249 4027888 832902 847459 223766 326064 2695963 3949413 78342 161789 403038 306382 125161 96656 28430808 27659851 6617588 5797179 0 319023 38171628 38309975 578434 389421 26890 345268 605324 734689 X 1597088 2534090 35969216 35041196 37566304 37575286 38171628 38309975 -1049112 1058094 0 X X 0 1 X 1 0 X 4196334 4748678 3810008 3292868 3471068 19518956 4196334 4748678 3810008 3292868 3471068 19518956 19518956 1387253 402196 318105 10046 293581 2411181 355 8869 9224 21939361 0.88970 0.85060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36799401 244592 -571390 601222 35871381 44348477 566468 -7539138 576406 36799401 38175703 990858 5898133 726450 44348477 40256985 1055042 -1645999 1480092 38175703 39170208 1266085 793696 973004 40256985 0 0 403038 306382 96656 96656 ALTERNATIVE HEDGE FUNDS 5797179 F 5797179 ANNUITIES PAYABLE 21513 LEASE LIABILITY 323755 345268 X 5717231 1058094 1058094 4659137 0 4659137 5708249 0 5708249 0 5708249 PART X, LINE 2: GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTIES THEREON, WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR FINANCIAL STATEMENTS. THE FOUNDATION HAS EVALUATED THE TAX POSITIONS TAKEN IN ITS PREVIOUSLY FILED RETURNS AND THOSE EXPECTED TO BE TAKEN IN ITS 2023 RETURNS AND BELIEVES THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR COMMONWEALTH TAX AUTHORITIES. THE FOUNDATION'S 2020 THROUGH 2022 TAX YEARS REMAIN SUBJECT TO TAX EXAMINATION BY FEDERAL AND COMMONWEALTH TAX AUTHORITIES CENTRAL AMERICA AND THE CARIBEAN INVESTMENT IN FOREIGN CORPORATION 1784205 0 0 0 0 0 0 1784205 0 1784205 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 1 RELIEF PAYMENTS 1 1664410 BOOK SCHOLARSHIPS 1 601222 BOOK PART I, LINE 2: RELIEF PAYMENTS - PAID DIRECTLY TO A CLIENT'S CREDITOR, IE. MORTGAGE LENDERS, UTILITY COMPANIES, CAR LENDERS, ETC. AND ARE APPLIED DIRECTLY TO THE CLIENTS ACCOUNT. SCHOLARSHIPS - APPLICATIONS ARE OUTSOURCED TO A CONSULTANT WHO DETERMINES WHICH STUDENTS QUALIFY FOR ASSISTANCE BASED ON THE ORGANIZATIONS ELIGIBLITY REQUIREMENTS. THEY MUST HAVE A DIRECT FAMILY MEMBER WHO HAS WORKED IN THE FOOTWEAR INDUSTRY OR THEY MUST HAVE WORKED THE PROPER AMOUNT OF TIME IN THE FOOTWEAR INDUSTRY. FEDERAL LAW STIPULATES THAT THE AMOUNT OF A STUDENT'S FINANCIAL ASSISTANCE MAY NOT EXCEED THEIR DEMONSTRATED FINANCIAL NEED. TO DETERMINE FINANCIAL NEED, WE DEDUCT THE STUDENTS ESTIMATED PARENTAL CONTRIBUTION FROM THE FAFSA STUDENT AID REPORT(WWW.FAFSA.GOV) AND THEIR SCHOLARSHIPS AND GRANTS FROM THE COST OF ATTENDANCE. ONCE THESE CALCULATIONS ARE COMPLETED THEN WE SCALE THE STUDENTS AWARDS BASED ON THEIR LENGTH OF TIME IN THE INDUSTRY AND HOW SUBSTANTIAL THEIR NEED IS. WE HAVE A SCHOLARSHIP BOARD COMMITTEE WHO REVIEWS THE FINAL INFORMATION AND RELEASES THE AWARDS. MONIES ARE PAID DIRECTLY TO THE SCHOOL THE STUDENT IS ATTENDING EVERY SEMESTER. 0 0 0 0 0 0 0 0 0 SHAWN OSBORNE PRESIDENT AND CEO 336779 0 0 0 0 0 0 0 32448 0 369227 0 0 0 TERRI RAWSON CHIEF MARKETING & DEVELOPM 219835 0 0 0 0 0 0 0 27511 0 247346 0 0 0 LISA TACKER VP RELIEF PROGRAM AND INFO 169402 0 0 0 0 0 0 0 21837 0 191239 0 0 0 CLYDE SYLVIA CFO/COO 165017 0 0 0 0 0 0 0 21743 0 186760 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE AUDIT COMMITTEE DURING THE PRESENTATION OF THE AUDITED FINANCIAL STATEMENTS. AFTER REVIEWING THE 990 AND ALL QUESTIONS HAVE BEEN ANSWERED THE RETURN IS ACCEPTED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF, DIRECTORS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. THE TRANSACTIONS AND ACTIVITIES OF THE ORGANIZATION ARE MONITORED ON AN ONGOING BASIS BY MANAGEMEMNT, THE BOARD OF DIRECTORS AND BOARD APPOINTED COMMITTEES. ANY CONFLICTS THAT ARISE ARE DEALT WITH ACCORDING TO THE ORGANIZATION'S DETAILED CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS SET BY THE ORGANIZATION'S COMPENSATION COMMITTEE BASED UPON COMPARABLE COMPENSATION DATA FOR THE SAME POSITON FOR ORGANIZATIONS OF SIMILAR SIZE WITHIN OUR INDUSTRY. THE DECISION OF THE COMPENSATION COMMITTEE IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO BEING FINALIZED. THE COMPENSATION OF ALL OTHER STAFF IS DETERMINED VIA A FORMAL SALARY ADMINSTRATION PROCESS. A JOB DESCRIPTION IS ESTABLISHED FOR EACH POSITION INCLUDING KNOWLEDGE, SKILLS, AND EXPERIENCES REQUIRED TO PERFORM THE JOB. EACH POSITION IS PRICED ACCORDING TO MARKET DATA FOR LIKE POSITIONS AT SIMILAR SIZED ENTITIES. ANNUAL INCREASES ARE BASED ON MERIT MEASURED BY APPROPRIATE INDICATORS OF JOB PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON DIRECT REQUEST OF THE ORGANIZATION. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR