2024-11-14T08:37:52-06:00 2023-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-01-01 231718197 KRIPALU CENTER FOR YOGA & HEALTH KRIP 4134483535 PO BOX 309 STOCKBRIDGE MA 01262 ROBERT MULHALL CEO 4134483169 2024-11-13 1 1 COURTNEY MCFARLAND CPA P01645518 5083669100 2024-11-13 2023 2024-10-15 13:58:12Z KRIPALU CENTER ROBERT MULHALL PO BOX 309 STOCKBRIDGE MA 01262 35897063 0 X WWW.KRIPALU.ORG X 1966 PA TO ADVANCE THE PHYSICAL, MENTAL, EMOTIONAL, AND SPIRITUAL WELL-BEING OF INDIVIDUALS AND UPLIFT SOCIETY BY PROMOTING THE ART, SCIENCE, PRACTICES, AND PHILOSOPHY OF YOGA, AS WELL AS OTHER TRADITIONAL AND CONTEMPORARY APPROACHES TO LIFE THAT INTEGRATE BODY, MIND, AND SPIRIT. 14 12 432 12 427237 146264 3388398 1985488 22458135 25051469 802990 400882 1039065 1469119 27688588 28906958 0 0 0 0 11286205 14134651 0 0 539660 10431578 12553730 21717783 26688381 5970805 2218577 44898260 47740675 14507849 15040524 30390411 32700151 X SEE SCHEDULE O 0 0 17819313 20303669 EDUCATIONAL PROGRAMSFOR MORE THAN 50 YEARS, KRIPALU HAS BEEN TEACHING SKILLS FOR OPTIMAL LIVING FOR THE WHOLE BEING; BODY, MIND, AND SPIRIT. THE PRIMARY PATH OF THESE TEACHINGS IS THROUGH THE SCIENCE OF YOGA. IT IS ONE OF THE LARGEST AND WELL ESTABLISHED RETREAT CENTERS FOR YOGA AND AYURVEDA TRAININGS AS WELL AS OFFERING CONSCIOUSNESS EXPANDING LUMINARY EDUCATIONAL PROGRAMS. INVITED PRESENTER PROGRAMMINGPROGRAMS AT KRIPALU ARE LED BY MANY OF THE WORLD'S MOST ACCOMPLISHED TEACHERS IN YOGA, SELF-DISCOVERY, AND HOLISTIC HEALTH AND ARE DESIGNED TO PROVIDE PEOPLE WITH TOOLS THEY CAN APPLY IN THEIR DAILY LIVES. PROGRAM TOPICS INCLUDE WELLNESS, AYURVEDA, NUTRITION, FITNESS, PERSONAL GROWTH, RELATIONSHIPS, MEDITATION, SPIRITUAL PRACTICE, AND MUCH MORE. YOGA PROGRAMS ARE OFFERED FOR PEOPLE AT ALL LEVELS AND FEATURE ALL YOGA TRADITIONS AND STYLES. MANY KRIPALU PROGRAMS OFFER CONTINUING EDUCATION CREDITS FOR PROFESSIONALS IN FIELDS SUCH AS SOCIAL WORK, NURSING, AND BODYWORK.KRIPALU R&RKRIPALU R&R GIVES GUESTS THE OPPORTUNITY TO DO AS LITTLE OR AS MUCH AS THEY WANT. PARTICIPANTS CHOOSE FROM A VARIETY OF WORKSHOPS, OUTDOOR ACTIVITIES, AND YOGA AND MOVEMENT CLASSES THAT INCLUDE HIKING, KAYAKING, QIGONG, STAND UP PADDLE BOARDING, AND MORE. WE OFFER A RICH DAILY SCHEDULE THAT ALLOWS GUESTS TO DO JUST WHAT THEY WANT, WHETHER IT'S SOUL-SEARCHING, CELEBRATING, OR SIMPLY ENJOY BEING IN A SPACE NOT ABSORBED BY THE FLURRY OF FAMILY, WORK, AND LIFE. GROUP RETREATS OFFER CUSTOMIZED EXPERIENCES FOR FAMILIES, FRIENDS, COLLEAGUES, OR STUDENTS. THESE GROUPS MAY FOLLOW OUR REGULAR R&R WORKSHOP SCHEDULES OR CREATE CUSTOMIZED EXPERIENCES FROM A RICH SELECTION OF THEMES AND TOPICS TO SUIT THEIR GROUPS' OBJECTIVES. 3071041 2196247 KRIPALU SCHOOLSTHE KRIPALU SCHOOLS OF YOGA, AYURVEDA, INTEGRATIVE YOGA THERAPY AND MINDFUL OUTDOOR LEADERSHIP ARE NORMALLY OFFERED AS RESIDENTIAL TRAININGS BUT HAVE BEEN DEVELOPED TO INCLUDE ON-LINE OR HYBRID IMMERSION TRAININGS THAT ALLOW STUDENTS TO DEVELOP THEIR PRACTICE AND PREPARE THEM TO TEACH YOGA OR THE OTHER MODALITIES AND SHARE THEM WITH THE WORLD POST GRADUATION. THE KRIPALU SCHOOL OF YOGA OFFERS 200-HOUR, 300-HOUR, AND 1000-HOUR TRAINING CERTIFICATIONS. GUIDED BY EXPERT FACULTY AND SOUGHT-AFTER GUEST TEACHERS, STUDENTS STUDY FOUNDATIONAL ASANAS AND PRANAYAMA, EXPLORE YOGA PHILOSOPHY, LEARN ANATOMY, PRACTICE TEACHING, AND MORE. THE KRIPALU SCHOOL OF AYURVEDA OFFERS COMPREHENSIVE STUDY AND PROFESSIONAL CERTIFICATIONS THAT ARE EMPOWERING, EFFECTIVE, AND INSPIRED BY THE WISDOM OF NATURE. STUDENTS MAY ENROLL IN 200-HOUR FOUNDATIONS OF AYURVEDA, 300-HOUR AYURVEDA YOGA TEACHER TRAINING, OR 650-HOUR AYURVEDIC HEALTH COUNSELOR CERTIFICATION. THE KRIPALU SCHOOL OF INTEGRATIVE YOGA THERAPY (KSIYT) BRINGS THE ANCIENT INSIGHTS OF YOGA INTO MAINSTREAM WELLNESS PROGRAMS. WE OFFER TWO TRACKS OF CERTIFICATION, 300-HOUR ADVANCED TEACHER OF THERAPEUTIC YOGA AND THE 800-HOUR PROFESSIONAL YOGA THERAPIST PROGRAM. IYT BRINGS TOGETHER YOGA'S MOST POWERFUL TOOLS-ASANA, PRANAYAMA, MUDRA, YOGA NIDRA, MANTRA, AND MEDITATION-TO CREATE AN EFFECTIVE PACKAGE THAT CAN BE USED FOR THERAPEUTIC CLASSES DIRECTED TOWARD SPECIFIC GROUPS OR FOR ONE-ON-ONE SESSIONS.THE KRIPALU SCHOOL OF MINDFUL OUTDOOR LEADERSHIP OFFERS TWO, 9-DAY, 75-HOUR IMMERSION TRAININGS AND ONE 9-DAY LEVEL TWO 75-HOUR IMMERSION TRAINING. THE CURRICULUM IS DESIGNED TO TRAIN STUDENTS TO BECOME MINDFUL OUTDOOR GUIDES, USING MINDFULNESS, YOGA, AYURVEDIC PRINCIPLES, FOREST BATHING TECHNIQUES AND OUTDOOR SKILLS TO GUIDE PEOPLE INTO MEANINGFUL CONNECTIONS WITH THE NATURAL WORLD. THE KRIPALU SCHOOLS PROVIDES SCHOLARSHIPS THROUGH VARIOUS GRANTS FOCUSED ON PROVIDING EDUCATION TO UNDERSERVED POPULATIONS AND IN SUPPORT OF PROGRAMS FOCUSED ON INDIVIDUAL AND ORGANIZATIONAL WELL-BEING.RISE IS AN EVIDENCE-BASED RESILIENCY AND STRESS-REDUCTION TRAINING PROGRAM DESIGNED ESPECIALLY FOR INDIVIDUALS AND ORGANIZATIONS IN HIGH-STAKES, HIGH-STRESS INDUSTRIES. 2280201 2617677 HEALING ARTSIN BETWEEN PROGRAM SESSIONS AND YOGA CLASSES, GUESTS MAY CHOOSE TO TAKE TIME TO INTEGRATE THEIR KRIPALU EXPERIENCE WITH A KRIPALU HEALING ARTS APPOINTMENT. WITH MORE THAN 36 OFFERINGS TO CHOOSE FROM, THEY ARE THE PERFECT OPPORTUNITY TO EXPLORE THE STATE OF MIND AND BODY WITH THE GUIDANCE OF ONE OF OUR SKILLED PRACTITIONERS. MANY OF THESE OFFERINGS TEACH SELF CARE TO PRACTICE ONCE THE GUESTS LEAVE THE CAMPUS. 911717 975758 OTHER PROGRAM SERVICESOTHER PROGRAM SERVICES INCLUDE EXPENSES OF $1,062,085 (EXCLUDING COST OF GOODS SOLD) THAT RELATE TO OPERATION OF THE RETAIL SHOP, WHICH SERVES IN-HOUSE GUESTS BY PROVIDING AN INVENTORY OF PRODUCTS THAT DIRECTLY AND SUBSTANTIALLY SUPPORT THE EDUCATIONAL EXPERIENCE OFFERED IN KRIPALU'S PROGRAMS, WORKSHOPS AND RETREATS. 150368 RETAIL SHOP SALES 1062085 975758 24232640 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 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 0 0 1 266 0 1 432 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN VI WA WV WI MO X SOPHIE BRETON CONTROLLER 4134483535 57 INTERLAKEN ROAD STOCKBRIDGE MA 01262 ROBERT MULHALL CEO 50.00 X X 288958 0 12039 NIGEL FRANKLYN SR. DIR. FIT, TREASURER 40.00 X X 145110 0 7739 TOM GUNNING BOARD CHAIR 10.00 X X 0 0 0 JOHN CHU SECRETARY 2.00 X X 0 0 0 EMILY AARONSON TRUSTEE 1.00 X 0 0 0 NARIAH BROADUS TRUSTEE (RESIGNED IN 2023) 1.00 X 0 0 0 KAREN DETEMPLE TRUSTEE 1.00 X 0 0 0 BRUCE DIXON TRUSTEE 1.00 X 0 0 0 LIANA STERLING TRUSTEE 1.00 X 0 0 0 PRITI TANNA TRUSTEE (RESIGNED IN 2023) 1.00 X 0 0 0 DAN MATHIEU TRUSTEE 1.00 X 0 0 0 SHIRANDA ALMEIDA TRUSTEE 1.00 X 0 0 0 MONICA AVRAM TRUSTEE 1.00 X 0 0 0 MARY EGAN TRUSTEE 1.00 X 0 0 0 MATTHEW LYONS TRUSTEE 1.00 X 0 0 0 SARAH MCKENZIE TRUSTEE 1.00 X 0 0 0 TRACY WILLIAMS DIRECTOR OF DIGITAL MARKETING 40.00 X 146026 0 7742 ROBERT ALDERTON DIRECTOR OF IT 40.00 X 128793 0 15494 HOLLY MCCORMACK CHIEF LEARNING OFFICER 40.00 X 191481 0 12028 EMILY COHEN SENIOR DIRECTOR OF REVENUE MANAGEMENT 40.00 X 134435 0 14175 VASILY ROTIN SENIOR SYSTEMS ENGINEER 40.00 X 110080 0 7160 1144883 0 76377 12 0 1 0 PITTSFIELD PIPERS INC PO BOX 1386 PITTSFIELD MA 01202 PLUMBING SERVICES 210062 THE HARMONYOM INC 236 DORLAND RD OLD CHATHAM NY 12136 PROGRAM CONSULTING 173975 MARTINO GLASS COMPANY INC 122 TYLER STREET PITTSFIELD MA 01201 WINDOW REPLACEMENT 165254 ROBERT HALF TECHNOLOGY 4 BATTERYMARCH PARK 102 QUINCY MA 02169 ACCOUNTING AND HR SERVICES 144748 MAROIS CONSTRUCTIONS 262 OLD LYMAN ROAD SOUTH HADLEY MA 01075 CARPET REPLACEMENT/NEW FLOORING 142226 6 68395 1917093 1985488 RETREATS, EDUCATION AND SEMINARS 611600 22433792 22433792 HOLISTIC THERAPIES 812900 2617677 2438159 179518 25051469 645283 645283 5343965 5365583 222783 -21618 -222783 -244401 -244401 2625216 1401739 1223477 975758 247719 OTHER REVENUE 900099 245624 245624 EMPLOYEE MEALS 722210 18 18 245642 28906958 26093351 427237 400882 470226 63068 375624 31534 11449251 10800221 349790 299240 1317567 1218204 81980 17383 897607 819257 65874 12476 87768 64378 23390 157577 115583 41994 41977 41977 723171 530449 192722 1494403 1372547 96490 25366 693604 494631 97612 101361 2099659 1589369 502795 7495 95474 68088 16321 11065 2036931 2018593 18338 CAMPUS OPERATIONS 1931657 1921024 10633 CONTRACT FACULTY 1836030 1806418 29612 BANK FEES 862464 858274 62 4128 HOLISTIC EXPENSE 324184 324184 168831 168352 479 26688381 24232640 1916081 539660 6563014 5624181 145911 172390 50500 239599 12996 9996 268667 343982 463575 421769 53362957 28419135 25920871 24943822 11472726 15984936 44898260 47740675 779675 1515780 4473192 5420774 9254982 8103970 14507849 15040524 X 29662452 32027234 727959 672917 30390411 32700151 44898260 47740675 2218577 91163 0 X X 0 1 X 1 0 X 1585313 2488750 4503429 3388398 1985488 13951378 33142269 7863786 6866008 23879753 24871951 96623767 34727582 10352536 11369437 27268151 26857439 110575145 247666 238840 298800 118000 188494 1091800 0 247666 238840 298800 118000 188494 1091800 109483345 373925 217803 203031 257419 645283 1697461 373925 217803 203031 257419 645283 1697461 140175 43166 51027 374627 427237 1036232 218028 266251 60312 87416 245642 877649 35459710 10879756 11683807 27987613 28175601 114186487 0.95880 0.96040 0.01490 0.01150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 384154 2885 15262 26005 376296 475658 7511 -26591 72424 384154 482341 3884 8551 19118 475658 476364 18855 13479 26357 482341 875373 16097 30084 350015 95175 476364 0.24900 0.75100 0 0 82489 82489 48498331 25090380 23407951 3256634 2297676 958958 1525503 1031079 494424 24943822 X 30357883 91163 1401739 1492902 28864981 41977 41977 28906958 28048143 1401739 1401739 26646404 41977 41977 26688381 PART V, LINE 4: THE ORGANIZATION MAINTAINS TWO TERM ENDOWMENT FUNDS WHICH ALLOW FOR ANNUAL SPENDING AS DEFINED IN THE AGREEMENTS. IN ADDITION, THE ORGANIZATION MAINTAINS PERMANENT RESTRICTED ENDOWMENT FUNDS THAT SUPPORT GRANT AND SCHOLARSHIP AWARDS IN ACCORDANCE WITH THE AGREEMENTS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE IRC AND HAS BEEN CLASSIFIED UNDER SECTION 509(A)(2) AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME IN BOTH THE FEDERAL AND MASSACHUSETTS JURISDICTIONS. COMBINED FEDERAL AND MASSACHUSETTS INCOME TAX EXPENSE ON UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023 WAS $43,400, WHICH IS INCLUDED IN OTHER EXPENSES IN THE ACCOMPANYING STATEMENTS OF FUNCTIONAL EXPENSES. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2023. THE ORGANIZATION'S INFORMATION AND TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NET WITH RETAIL SALES 1,401,739. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,401,739. X X X X X 0 0 0 0 0 0 0 0 0 ROBERT MULHALL CEO 244208 0 44750 0 0 0 0 0 12039 0 300997 0 0 0 HOLLY MCCORMACK CHIEF LEARNING OFFICER 182531 0 8950 0 0 0 0 0 12028 0 203509 0 0 0 TRACY WILLIAMS DIRECTOR OF DIGITAL MARKETING 138576 0 7450 0 0 0 0 0 7742 0 153768 0 0 0 NIGEL FRANKLYN SR. DIR. FIT, TREASURER 127960 0 17150 0 0 0 0 0 7739 0 152849 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2008-06-02 20000000 TO CONSTRUCT A HOUSING ANNEX, WASTE WATER TREATMENT PLANT AND PARKING LOT 0 0 0 A 11833992 20000000 100000 16174003 3725997 2009 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 1 FORM 990, PART I, ITEM C DBA: KRIPALU SCHOOL OF AYURVEDA DBA: KRIPALU SCHOOL OF YOGA PART III: ITS MISSION AND PURPOSE, AS STATED IN ITS ARTICLES OF INCORPORATION AND BY-LAWS, ARE TO ADVANCE THE PHYSICAL, MENTAL, EMOTIONAL, AND SPIRITUAL WELL-BEING OF INDIVIDUALS AND UPLIFT SOCIETY BY PROMOTING THE ART, SCIENCE, PRACTICES, AND PHILOSOPHY OF YOGA, AS WELL AS OTHER TRADITIONAL AND CONTEMPORARY APPROACHES TO LIFE THAT INTEGRATE BODY, MIND, AND SPIRIT. THE ORGANIZATION ALSO PROMOTES TRADITIONAL AND CONTEMPORARY HEALING MODALITIES THAT INTEGRATE BODY, MIND, AND SPIRIT AND OTHERWISE CULTIVATE WELL-BEING. IN ADDITION, IT PROMOTES THE PHILOSOPHY OF SANATANA DHARMA OR THE "PERENNIAL WISDOM," WHICH ADVOCATES THE UNFETTERED INQUIRY INTO ALL APPROACHES THAT BENEFIT INDIVIDUALS AND UPLIFT SOCIETY AND PROPOUNDS THE UNIVERSAL BROTHERHOOD AND SISTERHOOD OF HUMANKIND. THE ORGANIZATION'S PRIMARY ACTIVITY IS OPERATING AN EDUCATIONAL YOGA-BASED RETREAT PROGRAM AND HEALING CENTER. ITS EDUCATIONAL CURRICULUM INCLUDES A RICH ASSORTMENT OF PROGRAMS AND WORKSHOPS ON TOPICS RELATED TO YOGA, HEALTH, HOLISTIC LIVING, PERSONAL GROWTH, AND SPIRITUALITY. A LINE OF PROGRAMS PROVIDES PROFESSIONAL TRAINING TO YOGA TEACHERS AND OTHER HOLISTIC PROFESSIONALS. IN ADDITION TO ITS GROUP PROGRAMS, THE ORGANIZATION OFFERS A RANGE OF ONE-ON-ONE CONSULTATIONS AND THERAPEUTIC HOLISTIC HEALING SERVICES. THE ORGANIZATION DOES NOT OPERATE IN MORE THAN ONE BUSINESS. THE RETREAT CENTER INCLUDES A RETAIL SHOP OPEN FOR GUESTS THAT GENERATES SALES OF EDUCATIONAL RESOURCES, CONVENIENCE ITEMS AND GIFTS. ALL THE ORGANIZATION'S ACTIVITIES AND SERVICES ARE DIRECTLY AND SUBSTANTIALLY RELATED TO THE ORGANIZATION'S EDUCATIONAL MISSION. ANY ACTIVITIES LESS THAN DIRECTLY AND SUBSTANTIALLY RELATED ARE ACCOUNTED FOR ON FEDERAL AND MASSACHUSETTS UNRELATED BUSINESS INCOME TAX RETURNS. FORM 990, PART VI, SECTION A, LINE 3 KRIPALU USES THE HARMONYOM, INC. AS A MANAGEMENT COMPANY . THE HARMONYOM, INC. PERFORMS HR SERVICES FOR KRIPALU. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS IN 2023 TO ESTABLISH THE DIVERSITY, EQUITY, AND INCLUSION COMMITTEE AS A STANDING BOARD COMMITTEE AND CLARIFY THE COMBINATION OF THE FINANCE COMMITTEE WITH THE AUDIT COMMITTEE. THE FOLLOWING AMENDMENTS HAVE BEEN MADE: THAT SECTION 6.6 ("FINANCE COMMITTEE") OF ARTICLE SIX OF THE BYLAWS, AS AMENDED, IS HEREBY REPLACED AND AMENDED TO READ AS FOLLOWS, AND SECTION 6.7 ("AUDIT COMMITTEE") OF ARTICLE SIX OF THE BYLAWS IN ITS PRESENT FORM IS ACCORDINGLY DELETED: "6.6 FINANCE AND AUDIT COMMITTEE. THE BOARD SHALL ESTABLISH A FINANCE AND AUDIT COMMITTEE COMPOSED OF AT LEAST THREE TRUSTEES TO REVIEW KRIPALU'S ANNUAL BUDGETS, PERIODIC FINANCIAL STATEMENTS, OVERSEE FINANCIAL RESERVES AND INVESTMENTS, KRIPALU'S ANNUAL FINANCIAL AUDIT, RECOMMEND ITS APPROVAL OR MODIFICATION TO THE FULL BOARD, AND OTHERWISE ACT TO ENSURE THAT THE FINANCIAL AND OTHER RESOURCES OF THE ORGANIZATION ARE USED PRUDENTLY AND IN FURTHERANCE OF THE MISSION. THE FINANCE AND AUDIT COMMITTEE SHALL NOT INCLUDE MEMBERS OF THE MANAGEMENT TEAM OR OTHER INDIVIDUALS WHO RECEIVE COMPENSATION FROM KRIPALU OR HAVE A FINANCIAL INTEREST IN KRIPALU. THE FINANCE AND AUDIT COMMITTEE SHALL HAVE THE AUTHORITY TO HIRE, FIRE, SET COMPENSATION, AND DIRECTLY OVERSEE THE WORK OF THE AUDITING FIRM AND AUDITORS." THAT A NEW SECTION 6.7 ("DIVERSITY, EQUITY, AND INCLUSION COMMITTEE") OF ARTICLE SIX OF THE BYLAWS, AS AMENDED, BE AND IS HEREBY ADOPTED TO READ AS FOLLOWS: "6.7 DIVERSITY, EQUITY, AND INCLUSION COMMITTEE. THE BOARD SHALL ESTABLISH A DIVERSITY, EQUITY AND INCLUSION COMMITTEE TO COORDINATE THE ORGANIZATION'S DIVERSITY, EQUITY AND INCLUSION INITIATIVES, DEVELOP POLICIES AND PROCESSES TO SUPPORT THE ORGANIZATION IN THE PURSUIT AND ACCOMPLISHMENT OF ITS EQUITY VISION AND INTENTION." THAT THE SECRETARY OF THE CORPORATION BE AND HEREBY IS AUTHORIZED AND DIRECTED TO EXECUTE A CERTIFIED COPY OF THE VOTES ADOPTED AND TO RECORD AND FILE THE FOREGOING CERTIFIED COPY AS PART OF THE OFFICIAL ORGANIZATIONAL DOCUMENTS OF THE CORPORATION WHICH UPON ADOPTION SHALL BE DEEMED TO EFFECTUATE AMENDMENTS TO THE BYLAWS OF THE CORPORATION IN ACCORDANCE WITH THEIR RESPECTIVE TERMS. FORM 990, PART VI, SECTION B, LINE 11B A RESOLUTION OF THE BOARD OF TRUSTEES DETAILS THE REVIEW PROCESS FOR FORM 990 AND STATES: (1) IT SHALL BE THE POLICY OF KRIPALU THAT THE ANNUAL 990 AND 990-T TAX RETURNS SHALL BE PREPARED IN FIRST DRAFT FORM BY MEMBER OF MANAGEMENT WORKING IN CONCERT WITH THE ORGANIZATIONS ACCOUNTANTS AND LEGAL ADVISORS (2) THESE FIRST DRAFT FORMS SHALL THEN BE SUBMITTED TO THE AUDIT COMMITTEE OF THE BOARD TO REVIEW, COMMENT UPON, AND REVISE INTO SECOND DRAFT FORMS (3) THESE SECOND DRAFT FORMS SHALL THEN BE SUBMITTED TO THE FULL BOARD TO REVIEW, COMMENT UPON, AND REVISE INTO FINAL FORMS FOR THE FILING WITH THE IRS AND OTHER GOVERNMENTAL AND REGULATORY AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL BOARD MEMBERS AND ALL OFFICERS ARE REQUIRED TO COMPLETE A WRITTEN CONFLICT OF INTEREST DISCLOSURES FORM. THE COMPLETED DISCLOSURE FORMS ARE REVIEWED BY THE ORGANIZATIONS GOVERNANCE COMMITTEE, WITH ANY CONFLICTS NOTED AND BROUGHT TO THE ATTENTION OF THE BOARD CHAIR, THE CEO AND THE FULL BOARD AS APPROPRIATE. THE BOARD HANDBOOK CONTAINS A SECTION OF CONFLICTS OF INTEREST. CONFLICTED INDIVIDUALS ARE REQUIRED TO RECUSE THEMSELVES FROM ANY VOTING ON MATTERS WITH WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO WAS DETERMINED AFTER CONSIDERATION BY THE COMPENSATION COMMITTEE OF THE BOARD OF A NUMBER OF FACTORS INCLUDING BUT NOT LIMITED TO THE CEO'S SIGNIFICANT KNOWLEDGE AND UNDERSTANDING OF THE ORGANIZATION INFORMED BY HIS EARLIER ROLE IN THE ORGANIZATION, HIS POSITIVE PERFORMANCE LEADING KRIPALU ON AN INTERIM BASIS IMMEDIATELY FOLLOWING THE DEPARTURE OF THE PREVIOUS CEO AND COMMENCING NEAR THE ONSET OF THE PANDEMIC AND HIS OTHER BACKGROUND AND EXPERIENCE, AMONG OTHERS, AS WELL AS DISCUSSIONS BETWEEN THE CEO AND THAT COMMITTEE REGARDING FAIR AND REASONABLE COMPENSATION. REFERENCE WAS ALSO MADE TO THE COMPENSATION OF THE PREVIOUS CEO, WHICH HAD BEEN BASED ON A COMPENSATION ANALYSIS UPDATED AS RECENTLY AS IN THE SUMMER OF 2015 AND FOR WHICH HER COMPENSATION UP THROUGH 2019 WAS BASED. THE STUDY INCLUDED COMPARISONS TO A NUMBER OF SIMILARLY SIZED ORGANIZATIONS IN SEVERAL SECTORS OF THE NONPROFIT INDUSTRY AND WITHIN OUR GEOGRAPHIC AREA. SINCE THE CEO'S COMPENSATION IS SIGNIFICANTLY LOWER THAN THE PRIOR CEO'S, THE COMMITTEE CONCLUDED THAT A COMPETITIVE ANALYSIS WAS NOT MERITED AT THE TIME. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS BASED ON MANAGEMENT'S ASSESSMENT OF THE APPROPRIATE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IN SIMILAR SIZED NON-PROFIT ORGANIZATIONS WITHIN REASONABLE GEOGRAPHIC PROXIMITY AND FOR SIMILAR ROLES AND RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF ALL REQUIRED DOCUMENTS, INCLUDING ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST TO ITS BORAD SECRETARY OR FINANCE DEPARTMENT MANAGER. SOME INFORMATION IS AVAILABLE ON THE WEBSITE AND GUIDESTAR. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.