2024-11-12T09:42:25-06:00 2023-12-31 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2023-01-01 530026315 THE AMERICAN PUBLIC POWER ASSOCIATION AMER 2024672900 2451 CRYSTAL DR 1000 ARLINGTON VA 22202 HARRY R OLIBRIS SVP, FINANCE & ADMIN. AND CFO 2024672900 2024-11-09 1 1 KRISTEN BARNETT P01234578 8133162300 2024-11-09 2023 2024-10-15 13:58:12Z R SCOTT CORWIN 2451 CRYSTAL DR 1000 ARLINGTON VA 22202 40707503 0 X WWW.PUBLICPOWER.ORG X 1940 DC PROMOTING THE INTERESTS OF COMMUNITY-OWNED UTILITIES ACROSS THE COUNTRY 37 37 82 42 399283 0 2062060 3233931 23599125 24723575 52422 965427 931694 812999 26645301 29735932 1104202 1064172 0 0 11357162 13022732 0 0 0 13167679 13481816 25629043 27568720 1016258 2167212 34351952 39491211 20209027 22184974 14142925 17306237 X PURPOSE STATEMENT: APPA PARTNERS WITH ITS MEMBERS TO PROMOTE PUBLIC POWER, HELPING COMMUNITY-OWNED UTILITIES DELIVER SUPERIOR SERVICES THROUGH JOINT ADVOCACY, EDUCATION, AND COLLABORATION. VISION STATEMENT: SHAPING THE FUTURE OF PUBLIC POWER TO DRIVE A NEW ERA OF COMMUNITY-OWNED ELECTRIC SERVICE. 0 0 EDUCATION/TRAINING: ANNUAL CONFERENCE, SPECIALIZED WORKSHOPS, 25+ TRAINING SESSIONS ON RATE DESIGN, POLICY MAKING, UTILITY ACCOUNTING, COST SERVICES, ETC. MEMBER SERVICES: INFORMATION GATHERING AND ANALYSIS, ON LEGISLATIVE, REGULATORY, TECHNICAL, AND STATISTICAL ISSUES. TECHNICAL AND OPERATIONS SERVICES:THE TECHNICAL AND OPERATIONS SERVICES DEPARTMENT (TOSO) PROVIDES TECHNICAL ASSISTANCE TO INTERNAL PROGRAMS/DEPARTMENTS AND THE APPA MEMBERSHIP. THE DEPARTMENT STAFF REPRESENTS APPA ON CODE/STANDARD MAKING COMMITTEES AND FILES COMMENTS OR PROVIDES TESTIMONY AS NECESSARY BEFORE FEDERAL AGENCIES SUCH AS EPA, OSHA/DOL, DOE, OMB, FMCSA, EIA, NERC AND DHS/FEMA. THE TOSO IS RESPONSIBLE FOR THE APPA SAFETY MANUAL, THE RELIABLE PUBLIC POWER PROVIDER (RP3) PROGRAM, THE E-RELIABILITY TRACKER PROGRAM, THE MUTUAL AID PROGRAM, AND ASSISTS THE EDUCATION DEPARTMENT WITH PROGRAMMING FOR THE ENGINEERING & OPERATIONS CONFERENCE. THE PROGRAM HAS SEVERAL COOPERATIVE AGREEMENTS WITH THE DEPARTMENT OF ENERGY (DOE) TOTALING OVER $23.5M.DEMONSTRATION OF ENERGY & EFFICIENCY DEVELOPMENTS (DEED) PROGRAMAPPA'S DEMONSTRATION OF ENERGY & EFFICIENCY DEVELOPMENTS (DEED) PROGRAM IS THE ONLY RESEARCH AND DEMONSTRATION PROGRAM FUNDED BY AND FOR PUBLIC POWER UTILITIES. ESTABLISHED IN 1980, DEED IS DEDICATED TO IMPROVING THE OPERATIONS AND SERVICES OF PUBLIC POWER UTILITIES BY SUPPORTING AND DEMONSTRATING ITS MEMBERS' INNOVATIVE ACTIVITIES THROUGH RESEARCH, FUNDING, AND EDUCATION. DEED MEMBERS PILOT-TEST CUTTING-EDGE TECHNOLOGIES, EVALUATE NEW SERVICE OFFERINGS, CREATE NEW RESOURCES AND TOOLS, AND SHARE THE KNOWLEDGE GAINED THROUGH THE PROGRAM WITH THEIR PUBLIC POWER PEERS. DEED ALSO AWARDS SCHOLARSHIPS TO SUPPORT AND MENTOR STUDENTS INTERESTED IN ENERGY-RELATED CAREERS OR PERFORMING RESEARCH AND INTERNSHIPS WITH PUBLIC POWER UTILITIES. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 81 0 1 82 1 1 1 0 0 0 1 1 0 0 0 X 37 37 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X HARRY OLIBRIS 2024672900 2451 CRYSTAL DR 1000 ARLINGTON VA 22202 ANTHONY CANNON CHAIR (THRU 6/23) 1.00 X X 0 0 0 DAVID OSBURN CHAIR 1.00 X X 0 0 0 NICHOLAS LAWLER CHAIR-ELECT 1.00 X X 0 0 0 JOHN HAARLOW VICE-CHAIR 1.00 X X 0 0 0 LAYNE BURNINGHAM TREASURER 1.00 X X 0 0 0 ANTHONY CANNON IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 DANIEL BEANS PE BOARD MEMBER 1.00 X 0 0 0 CHUCK BRYANT BOARD MEMBER 1.00 X 0 0 0 DAVID CARROLL BOARD MEMBER 1.00 X 0 0 0 BRET CARROLL BOARD MEMBER 1.00 X 0 0 0 THOMAS FALCONE BOARD MEMBER 1.00 X 0 0 0 JAMES FULLER BOARD MEMBER 1.00 X 0 0 0 NICKI FULLER BOARD MEMBER 1.00 X 0 0 0 EDWARD GERAK BOARD MEMBER 1.00 X 0 0 0 DAVID GESCHWIND BOARD MEMBER 1.00 X 0 0 0 JASON GREY BOARD MEMBER 1.00 X 0 0 0 JEFFREY HALL BOARD MEMBER 1.00 X 0 0 0 JONATHAN HAND BOARD MEMBER 1.00 X 0 0 0 ROSEMARY HENRY BOARD MEMBER 1.00 X 0 0 0 ROY JONES BOARD MEMBER 1.00 X 0 0 0 THOMAS J KENT BOARD MEMBER 1.00 X 0 0 0 EDWARD KRIEGER BOARD MEMBER 1.00 X 0 0 0 PAUL LAU BOARD MEMBER 1.00 X 0 0 0 DAVID LEATHERS BOARD MEMBER 1.00 X 0 0 0 BEATRICE P LIMTIACO BOARD MEMBER 1.00 X 0 0 0 PAUL MAHLBERG BOARD MEMBER 1.00 X 0 0 0 JASON MCPHERSON BOARD MEMBER 1.00 X 0 0 0 GARY D MILLER BOARD MEMBER 1.00 X 0 0 0 STEPHEN MORRISON BOARD MEMBER 1.00 X 0 0 0 RUSSELL OLSON BOARD MEMBER 1.00 X 0 0 0 MICHAEL PETERS BOARD MEMBER 1.00 X 0 0 0 ANTHONY POCHARD BOARD MEMBER 1.00 X 0 0 0 DEBORAH J SMITH BOARD MEMBER 1.00 X 0 0 0 BRIAN SOLSBEE BOARD MEMBER 1.00 X 0 0 0 LYNNE TEJEDA BOARD MEMBER 1.00 X 0 0 0 DAVID WALTERS BOARD MEMBER 1.00 X 0 0 0 DARREL WENZEL BOARD MEMBER 1.00 X 0 0 0 AMY ZUBALLY BOARD MEMBER 1.00 X 0 0 0 JAMES BROOKS BOARD MEMBER (THRU 6/23) 1.00 X 0 0 0 ELLEN BURT BOARD MEMBER (THRU 6/23) 1.00 X 0 0 0 COLIN HANSEN BOARD MEMBER (THRU 6/23) 1.00 X 0 0 0 JOEL LEDBETTER BOARD MEMBER (THRU 6/23) 1.00 X 0 0 0 LAURIE MANGUM BOARD MEMBER (THRU 6/23) 1.00 X 0 0 0 SCOTT CORWIN CEO 40.00 X 256499 0 34565 HARRY OLIBRIS CFO 40.00 X 367193 0 69124 JOY DITTO CEO (THRU 1/2023) 40.00 X 909352 0 54363 MICHAEL COE VP, CYBER SECUIRTY PROG. 40.00 X 212274 0 36931 JEFF HAAS SVP, MEMBERSHIP 40.00 X 375541 0 69452 ADRIENNE LOTTO SVP, TECH & OPERATIONS 40.00 X 319783 0 65357 AMY RIGNEY GAY VP, HUMAN RESOURCES 40.00 X 242512 0 62712 URSULA SCHVYER VP, EDUCATION 40.00 X 243789 0 57979 AMY THOMAS VP, GOVERNENT RELATIONS 40.00 X 221879 0 38488 DESMARIE WATERHOUSE SVP & GENERAL COUNSEL 40.00 X 391147 0 67099 RICHARD CONDELLO DIRECTOR, CYBERSECURITY 40.00 X 200251 0 48753 KOUROSH ADHADPOUR SR. DIRECTOR, IT 40.00 X 194174 0 37023 CORRY MARSHALL SR DIRECTOR, GOVT RELATIONS 40.00 X 189772 0 24630 JOHN GODFREY SR DIRECTOR, GOVT RELATIONS 40.00 X 184548 0 55533 CARLOYN SLAUGHTER SR DIRECTOR, ENVIRONMENTAL POLICY 40.00 X 203623 0 42882 4512337 0 764891 42 0 1 0 BROWNSTEIN HYATT FARBER SCHRECK LLP 410 7TH STREET DENVER CO 80202 GOVERNMENT RELATIONS CONSULTING 322603 LYCEUM LEADERSHIP CONSULTING 1 SOUTH DEARBORN ST CHICAGO IL 60603 EXECUTIVE RECRUITMENT (CEO POSITION) 275632 TTR TECHNOLOGY 4000 LEGATO RD FAIRFAX VA 22033 IT MANAGED SERVICE PROVIDER 186780 BEAM REACH CONSULTING 821 BENFIELD RD SEVERNA PARK MD 21146 CONSULTING SERVICES FOR GOVT. GRANTS 185579 RSM US LLP 4650 EAST 53RD ST DAVENPORT IA 52807 ACCOUNTING RELATED SERVICES 179196 6 3204126 29805 3233931 MEMBERSHIP DUES 541800 18353836 18353836 EDUCATION & TRAINING 541800 3760396 3760396 PUBLICATIONS & SUBS. 541800 1316005 1086750 229255 ANNUAL CONFERENCE 541800 1123310 1123310 WEBSITE ADVERTISING 541800 170028 170028 24723575 935350 935350 11001648 10971571 30077 30077 30077 MISCELLANEOUS 900099 812999 812999 812999 29735932 24324292 399283 1778426 1064172 4096040 5963565 802113 1482954 678060 152344 64636 233467 1476525 562300 4832465 365000 172045 COOPERATIVE AGREEMENTS 3207829 BOOKS & SUBSCRIPTIONS 707136 PRINTING 604277 AUDIOVISUAL/FILMS/PHOTO 580790 523002 27568720 14597376 7692539 343850 1813731 1471940 447549 148710 407186 650299 3934780 2327872 1775384 1606908 8049403 20587299 7706813 6544176 34351952 39491211 2708396 4057739 7452276 9249140 10048355 8878095 20209027 22184974 X 14138925 17300002 4000 6235 14142925 17306237 34351952 39491211 X 2167212 1080005 -83905 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 18353836 315710 -1460089 -1144379 1047329 -2191708 SCHEDULE C, PART III: THE AMERICAN PUBLIC POWER ASSOCIATION IS A SERVICE ORGANIZATION REPRESENTING MORE THAN 2,000 MUNICIPAL, COUNTY, AND STATE-OWNED ELECTRIC UTILITY SYSTEMS THROUGH DIRECT MEMBERS AND AFFILIATED ORGANIZATIONS. 1619656 958212 661444 668602 395554 273048 1646522 974106 672416 1606908 ARTWORK 50894 DEPOSITS 151588 ROU ASSET 6341694 6544176 POST-RETIREMENT BENEFITS 979151 CAPITAL LEASE LIABILITY 7898944 8878095 X 30732032 1080005 -83905 996100 29735932 0 29735932 27568720 0 27568720 0 27568720 PART X, LINE 2: APPA IS EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER 501(C)(6) OF THE INTERNAL REVENUE CODE. APPA IS SUBJECT TO INCOME TAXES ON ITS UNRELATED BUSINESS ACTIVITIES (PRIMARILY ADVERTISING). PART XI, LINE 2D - OTHER ADJUSTMENTS: NET PERIODIC BENEFIT (COST) OTHER THAN SERVICE COST -83,905. 1 KISSIMMEE UTILITY AUTHORITY 1701 W CARROLL STREET KISSIMMEE FL 34741 592561939 115 190017 0 DEED PROGRAM SACRAMENTO MUNICIPAL UTIL DIST POST OFFICE BOX 15555 SACRAMENTO CA 95852 946001157 115 159981 0 DEED PROGRAM CITY OF TACOMA WASHINGTON 747 MARKET ST ROOM 246 TACOMA WA 98402 916001283 115 125000 0 DEED PROGRAM NORTHERN CA POWER AGENCY 180 CIRBY WAY ROSEVILLE CA 956786497 942550072 100000 0 DEED PROGRAM CITY OF BURBANK POST OFFICE BOX 7145 BURBANK CA 915107145 956000683 115 65699 0 DEED PROGRAM WISCONSIN PUBLIC POWER INC 1425 CORPORATE CENTER DRIVE SUN PRAIRIE WI 535909109 390714890 58199 0 DEED PROGRAM TOWN OF STOWE POST OFFICE BOX 190 STOWE VT 05672 036000702 115 56090 0 DEED PROGRAM NEW YORK POWER AUTHORITY 123 MAIN ST WHITE PLAINS NY 10601 131850882 115 51264 0 DEED PROGRAM UTAH ASSOCIATED MUNICIPAL POWER SYSTEMS 155 NORTH 400 WEST SUITE 480 SALT LAKE CITY UT 84103 870368583 40800 0 DEED PROGRAM TAUNTON MUNICIPAL LIGHTING PLANT 15 SUMMER STREET TAUNTON MA 02780 046001320 115 31250 0 DEED PROGRAM UNIVERSITY OF CALIFORNIA DAVIS 1 SHIELDS AVENUE DAVIS CA 95616 946036494 115 22570 0 DEED PROGRAM MUNICIPAL ENERGY AGENCY OF NEBRASKA 8377 GLYNOAKS DRIVE LINCOLN NE 685166304 470641284 22500 0 DEED PROGRAM BURLINGTON ELECTRIC DEPARTMENT 585 PINE STREET BURLINGTON VT 05401 036000410 115 20269 0 DEED PROGRAM MA MUNICIPAL WHOLESALE ELECTRIC CO 327 MOODY ST LUDLOW MA 01056 042528837 18787 0 DEED PROGRAM PUBLIC UTILITY DISTRICT NO 1 OF SNOHOMISH COUNTY 2320 CALIFORNIA ST EVERETT WA 98201 916001034 18750 0 DEED PROGRAM LITTLETON ELECTRIC LIGHT DEPARTMENT 39 AYER RD LITTLETON MA 01460 046001203 115 18600 0 DEED PROGRAM IOWA ASSOCIATION OF MUNICIPAL UTILITIES 1735 NE 70TH AVENUE ANKENY IA 50021 420940587 501C6 15606 0 DEED PROGRAM CONCORD MUNICIPAL LIGHT PLANT 22 MONUMENT SQ PO BOX 535 CONCORD MA 01742 046001121 115 9497 0 DEED PROGRAM WESTFIELD GAS & ELECTRIC LIGHT DEPARTMENT POST OFFICE BOX 990 WESTFIELD MA 01085 046001356 115 8000 0 DEED PROGRAM NEW HOLSTEIN UTILITIES 2110 WASHINGTON ST NEW HOLSTEIN WI 53061 396005548 115 7915 0 DEED PROGRAM 13 7 PART I, LINE 2: A FINAL REPORT OF THE PROJECT IS REQUIRED UPON CONCLUSION. THE REPORT SHOULD INCLUDE A DESCRIPTION OF THE PROJECT ACTIVITIES, ACHIEVEMENTS, AND RECOMMENDATIONS. THE REPORT SHOULD ALSO ACCOUNT FOR THE GRANT FUNDS EXPENDED ON THE PROJECT. 1 X X X X 1 0 0 JOY DITTO CEO (THRU 1/2023) 152707 0 104000 0 652645 0 28366 0 25997 0 963715 0 0 0 DESMARIE WATERHOUSE SVP & GENERAL COUNSEL 359654 0 30253 0 1240 0 34270 0 32829 0 458246 0 0 0 JEFF HAAS SVP, MEMBERSHIP 330508 0 43791 0 1242 0 34271 0 35181 0 444993 0 0 0 HARRY OLIBRIS CFO 311376 0 53495 0 2322 0 34232 0 34892 0 436317 0 0 0 ADRIENNE LOTTO SVP, TECH & OPERATIONS 319243 0 0 0 540 0 32512 0 32845 0 385140 0 0 0 AMY RIGNEY GAY VP, HUMAN RESOURCES 218618 0 23187 0 707 0 28006 0 34706 0 305224 0 0 0 URSULA SCHVYER VP, EDUCATION 218130 0 24550 0 1109 0 27560 0 30419 0 301768 0 0 0 SCOTT CORWIN CEO 215606 0 0 0 40893 0 22695 0 11870 0 291064 0 0 0 AMY THOMAS VP, GOVERNENT RELATIONS 210949 0 10517 0 413 0 24150 0 14338 0 260367 0 0 0 MICHAEL COE VP, CYBER SECUIRTY PROG. 211577 0 0 0 697 0 23462 0 13469 0 249205 0 0 0 RICHARD CONDELLO DIRECTOR, CYBERSECURITY 189947 0 5005 0 5299 0 24246 0 24507 0 249004 0 0 0 CARLOYN SLAUGHTER SR DIRECTOR, ENVIRONMENTAL POLICY 191792 0 10885 0 946 0 22804 0 20078 0 246505 0 0 0 JOHN GODFREY SR DIRECTOR, GOVT RELATIONS 171609 0 11277 0 1662 0 21700 0 33833 0 240081 0 0 0 KOUROSH ADHADPOUR SR. DIRECTOR, IT 182636 0 8967 0 2571 0 21593 0 15430 0 231197 0 0 0 CORRY MARSHALL SR DIRECTOR, GOVT RELATIONS 179612 0 9600 0 560 0 20904 0 3726 0 214402 0 0 0 PART I, LINE 4A DURING THE YEAR THERE WAS A SEVERANCE PAYMENT MADE TO AN OFFICER. ALL AMOUNTS ARE PROPERLY REPORTED ON FORM W-2 AND IN FORM 990, PART VII AND ON FORM 990, SCHEDULE J, PART II. DUE TO THE CONFIDENTIAL NATURE OF THE TERMS OF THE SEVERANCE AGREEMENT, THE DETAILS WILL BE PROVIDED TO THE IRS UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE ASSOCIATION SHALL CONSIST OF THREE CLASSES OF MEMBERS: (1) VOTING MEMBERS CALLED REGULAR MEMBERS; (2) NON-VOTING MEMBERS CALLED ASSOCIATE MEMBERS; AND (3) HONORARY LIFE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL BE ELECTED AT THE ANNUAL MEETING BY THE REGULAR MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS THE REGULAR MEMBERS HAVE THE RIGHT TO APPROVE AND RATIFY DECISIONS OF THE GOVERNING BODY. THE REGULAR MEMBERS APPROVE POLICY POSITIONS OF THE ASSOCIATION ON MAJOR ISSUES AFFECTING PUBLIC POWER SYSTEMS AND APPROVE OR DISAPPROVE CHANGES IN DUES AND SPECIAL ASSESSMENTS AND AMENDMENTS TO THE ASSOCIATION'S BYLAWS. ALL ACTIONS OF THE MEMBERSHIP OF THE ASSOCIATION SHALL BE APPROVED BY A MAJORITY VOTE WITH EACH REGULAR MEMBER CASTING ONE VOTE, UNLESS A REGULAR MEMBER REQUESTS AT THE TIME A VOTE IS TAKEN OR IMMEDIATELY THEREAFTER THAT A WEIGHTED VOTE BE TAKEN ON A PARTICULAR MATTER, IN WHICH CASE A MAJORITY OF THE WEIGHTED VOTES CAST SHALL BE REQUIRED FOR ACTION. REGULAR MEMBERS SHALL BE ASSIGNED VOTES PROPORTIONATE TO THE DUES PAYABLE BY SUCH MEMBER FOR THE CURRENT CALENDAR YEAR. THE SECRETARY SHALL ASSIGN EACH REGULAR MEMBER ONE VOTE FOR EACH FIFTEEN THOUSAND DOLLARS ($15,000), OR FRACTION THEREOF, OF DUES PAYABLE BY IT, WITH EACH REGULAR MEMBER BEING ASSIGNED AT LEAST ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE DRAFT OF FORM 990 WILL BE DISTRIBUTED VIA EMAIL TO THE FINANCE AND AUDIT REVIEW COMMITTEE BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING THE CONFLICT OF INTEREST POLICY APPA HAS A CODE OF CONDUCT AND A CONFLICT OF INTEREST POLICY. THESE POLICIES APPLY TO APPA'S DIRECTORS, OFFICERS AND STAFF TO AVOID ANY INTEREST THAT CONFLICTS OR APPEARS TO CONFLICT WITH THE INTERESTS OF THE ASSOCIATION OR THAT COULD REASONABLY BE DETERMINED TO HARM THE ASSOCIATION'S REPUTATION. A CONFLICT OF INTEREST EXISTS IF ACTIONS BY A DIRECTOR, OFFICER, OR STAFF MEMBER OF THE ASSOCIATION ARE, OR COULD REASONABLY APPEAR TO BE, INFLUENCED DIRECTLY OR INDIRECTLY BY PERSONAL INTERESTS, AFFILIATIONS OR ACTUAL OR POTENTIAL BENEFIT OR GAIN TO THE INDIVIDUAL OR HIS OR HER IMMEDIATE FAMILY. ANY INDIVIDUAL WHO MAY BE INVOLVED IN AN ISSUE OR TRANSACTION IN WHICH HE OR SHE HAS AN ACTUAL OR APPARENT CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PRESENT AT THAT PORTION OF THE MEETING OF THE BOARD OR ANY COMMITTEE OF THE BOARD AT WHICH THE ISSUE OR TRANSACTION IS CONSIDERED. THE INTERESTED INDIVIDUAL MAY, HOWEVER, ANSWER QUESTIONS REGARDING THE ISSUE OR TRANSACTION. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE INTERESTED DIRECTOR, OFFICER, OR OTHER INDIVIDUAL LEFT THE ROOM AND DID NOT PARTICIPATE IN THE DISCUSSION AND DID NOT VOTE ON THE ISSUE OR TRANSACTION. ANY DIRECTOR, OFFICER OR STAFF MEMBER WHO HAS A QUESTION AS TO WHETHER A PARTICULAR SET OF FACTS OR SITUATION GIVES RISE TO A POTENTIAL CONFLICT OF INTEREST MUST SEEK CLARIFICATION FROM THE ASSOCIATION'S GENERAL COUNSEL. IN ADDITION, BOARD MEMBERS AND STAFF MUST FILL OUT ANNUAL DISCLOSURE STATEMENTS, WHICH ARE REVIEWED BY THE GENERAL COUNSEL. DIRECTORS, OFFICERS, AND STAFF HAVE AN ONGOING OBLIGATION TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS OF INTEREST IF THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE ORGANIZATION USES AN INDEPENDENT COMPENSATION CONSULTANT TO CONDUCT A COMPENSATION ANALYSIS WHICH IS PRESENTED TO, DELIBERATED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION FOR ALL STAFF POSITIONS IS TYPICALLY REVIEWED EVERY THREE YEARS. THE CEO'S SALARY IS RE-EVALUATED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: NET PERIODIC BENEFIT (COST) OTHER THAN SERVICE COST -83,905. FORM 990, PART XII, LINE 2C: THE FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DOES HAVE AN INDEPENDENT FINANCE & AUDIT REVIEW COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.