2023-05-31T06:46:10-05:00 2022-10-31 951777440 GREEN HASSON & JANKS LLP 700 SOUTH FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2021-11-01 954022185 KEIRO SERVICES KEIR 2138735700 420 EAST THIRD STREET 1000 LOS ANGELES CA 90013 BEVERLY ITO PRESIDENT & CEO 2138735700 2023-05-23 1 BEVERLY ITO 999009999 LIZBETH G NEVAREZ P01399868 3108731600 2023-05-23 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z KEIRO SENIOR HEALTHCARE BEVERLY ITO 420 EAST THIRD STREET 1000 LOS ANGELES CA 90013 22059927 0 X WWW.KEIRO.ORG X 1961 CA KEIRO'S MISSION IS TO ENHANCE THE QUALITY OF SENIOR LIFE IN OUR COMMUNITY. (SEE PART III LINE 1) 12 11 22 130 0 0 1267055 924244 0 0 349626 590913 0 70598 1616681 1585755 247490 250192 0 0 1407996 1800656 0 0 268642 2273947 2280416 3929433 4331264 -2312752 -2745509 106697005 81082644 241679 247664 106455326 80834980 X KEIRO'S MISSION IS TO ENHANCE THE QUALITY OF SENIOR LIFE IN OUR COMMUNITY. FOUNDED IN 1961, KEIRO IMPROVES THE QUALITY OF LIFE FOR OLDER ADULTS AND THEIR CAREGIVERS IN THE JAPANESE AMERICAN COMMUNITIES OF LOS ANGELES, ORANGE, AND VENTURA COUNTIES. KEIRO PROVIDES A RANGE OF CULTURALLY-SENSITIVE PROGRAMS AND RESOURCES, IN BOTH ENGLISH AND JAPANESE, TO MEET THE EVOLVING NEEDS OF OUR AGING COMMUNITY. IN EVERYTHING WE DO, WE ADVANCE OUR MISSION THROUGH A PERSON-CENTERED, INNOVATIVE, AND COLLABORATIVE APPROACH. 0 0 2772338 250192 1) CONDUCTED AND ORGANIZED WELLNESS PROGRAMS AND HEALTH EDUCATION FOR A TOTAL OF OVER 2,000 HOURS OF CLASSES, SERVING 2,038 INDIVIDUALS VIRTUALLY AND IN PERSON. PROGRAM TOPICS INCLUDED SENIOR SAFETY TIPS, HEALTHY COOKING/EATING, ALZHEIMER'S EDUCATION, INFORMATION RELATED TO SENIOR SCAMS, TECHNOLOGY SUPPORT, OVERALL WELLNESS, COMMUNITY CRAFT ACTIVITIES, AND OTHER SUBJECTS RELATED TO HEALTHY AGING AND QUALITY OF LIFE.2) AWARDED $250,192 IN GRANTS TO 27 NONPROFIT ORGANIZATIONS IN SUPPORT OF COMBATTING SOCIAL ISOLATION AMONG JAPANESE AMERICAN AND JAPANESE OLDER ADULTS, AND CAREGIVERS IN SOUTHERN CALIFORNIA AMIDST THE CONTINUING COVID-19 PANDEMIC. SUPPORTED PROGRAMS INCLUDING OUTREACH TO ISOLATED OLDER ADULTS, MEAL DELIVERY, CAPACITY BUILDING, WELLNESS PROGRAMS, AND CARE PROVISION TO SUPPORT SOCIAL CONNECTIONS FOR OLDER ADULTS AND CAREGIVERS IN THEIR RESIDENCES. CONDUCTED THREE EDUCATIONAL WEBINARS FOR ORGANIZATION LEADERS AND COMMUNITY MEMBERS INTERESTED IN APPLYING FOR KEIRO GRANTS.3) SUPPORTED RESIDENTS AND FRONTLINE STAFF OF THE FOUR SENIOR CARE FACILITIES PREVIOUSLY OWNED BY KEIRO WITH CULTURALLY-SENSITIVE JAPANESE MEALS ON OVER 115 OCCASIONS, SERVING BETWEEN 100-300 INDIVIDUALS PER OCCASION. PROVIDED OVER 125 WELLNESS CLASSES AND ACTIVITY PROGRAMS LED BY BILINGUAL INSTRUCTORS, INCLUDING EXERCISE, ARTS & CRAFTS AND MENTAL FITNESS. ALSO PROVIDED TRADITIONAL JAPANESE SNACKS AND BEAUTICIAN SERVICES FOR RESIDENTS. 4) PROVIDED AN INTERNSHIP FOR AN UNDERGRADUATE COLLEGE STUDENT PURSUING A DEGREE IN GLOBAL HEALTH. THE INTERN SUPPORTED PROGRAM DELIVERY TO BENEFIT OLDER ADULTS, WORKSHOPS EDUCATING COMMUNITY YOUTH, AND PROVIDED COMMUNITY EDUCATION ON TOPICS SUCH AS SUN SAFETY, AGING EMPATHY AND CANCER IN THE JAPANESE AMERICAN COMMUNITY. 5) PROVIDED CASE MANAGEMENT/REFERRAL SERVICES TO 47 COMMUNITY MEMBERS, INCLUDING PLACEMENT IN LONG-TERM CARE FACILITIES, LOCATING IN-HOME CARE AGENCIES AND ACCESSING SERVICES.6) IYASHI CARE - PARTNERED WITH PROVIDENCE HEALTH & SERVICES TO PROVIDE CULTURALLY SENSITIVE PALLIATIVE CARE TO OLDER ADULTS WITH SERIOUS ILLNESSES AND/OR DEBILITATING SYMPTOMS, AND SUPPORT FOR THEIR FAMILIES. THE PROGRAM PROVIDES A TEAM COMPOSED OF BILINGUAL-SPEAKING DOCTOR, NURSE, AND SOCIAL WORKER THAT VISITS PATIENTS AT THEIR HOMES OR CARE FACILITY TO PROVIDE CLINICAL CARE AND SOCIAL SERVICES. ALSO PROVIDED SIX PRESENTATIONS FOR COMMUNITY EDUCATION ON THE PROGRAM AND HOW TO ACCESS RESOURCES.7) PARTNERED WITH LITTLE TOKYO SERVICE CENTER TO PROVIDE A CLIENT ASSISTANCE FUND FOR OLDER ADULTS WITH LIMITED RESOURCES, CONTINUED TO DEVELOP CAREGIVER SUPPORT GROUP FACILITATOR TRAINING, AND PROVIDED 2,043.5 HOURS OF MENTAL HEALTH COUNSELING TO OLDER ADULTS WITH LIMITED RESOURCES. THE CLIENT ASSISTANCE FUND PROVIDED A SAFETY NET FOR INDIVIDUALS WITH EMERGENCY SHORT TERM NEEDS FOR HOUSING, FOOD AND MEDICINES. CAREGIVER SUPPORT TRAINING PROMOTED COMMUNITY-BASED CARE AND AGING IN PLACE AT HOME. THE MENTAL HEALTH COUNSELING PROVIDED EXPANDED SERVICES TO JAPANESE LOW-INCOME OLDER ADULTS SUFFERING WITH MAJOR LIFE STRESSORS AND CONDITIONS SUCH AS CLINICAL DEPRESSION, ANXIETY, AND OBSESSIVE COMPULSIVE DISORDER.8) PARTNERED WITH JAPANESE AMERICAN CULTURAL & COMMUNITY CENTER TO PROVIDE PROGRAMS FOR THE COMMUNITY'S OLDER ADULTS AND CAREGIVERS. WELCOMED OVER 100 COMMUNITY OLDER ADULTS FOR CULTURAL EXPERIENCES, EDUCATION, AND NOURISHMENT THROUGH MEALS AS A MEANS TO IMPROVE THEIR QUALITY OF LIFE WHILE CONNECTING WITH OTHERS. ALSO CONDUCTED EDUCATIONAL CULINARY CLASSES TO PROVIDE CAREGIVERS SUPPORT AND MEAL PREPARATION INFORMATION FOR AGING CARE RECIPIENTS.9) HOSTED THE FIFTH ANNUAL KEIRO NO HI FESTIVAL IN PERSON FOR THE FIRST TIME SINCE 2019 AT FOUR DIFFERENT LOCATIONS. KEIRO NO HI IS AN ESTABLISHED HOLIDAY IN JAPAN TO CELEBRATE OLDER ADULTS. THE FESTIVAL WAS ATTENDED BY OVER 300 OLDER ADULTS AND CAREGIVERS. THE EVENT INCLUDED PERFORMANCES BY LOCAL OLDER ADULT GROUPS, DEMONSTRATIONS BY LOCAL MASTER ARTISTS, AND FEATURED COMMUNITY MEMBERS THROUGH AN ART SHOWCASE. THE PROGRAM ALSO PROVIDED ACTIVITIES AND OPPORTUNITIES FOR OLDER ADULTS TO BE CELEBRATED AND HONORED.10) HOSTED A VIRTUAL CAREGIVER CONFERENCE SERIES TO PROVIDE CAREGIVING RESOURCES TO OVER 365 FAMILY CAREGIVERS. PRESENTATIONS INCLUDED UNDERSTANDING LONG-TERM CARE, NAVIGATING CHALLENGING CONVERSATIONS WITH LOVED ONES, AND STRESS MANAGEMENT FOR CAREGIVERS. RESOURCES WERE SHARED WITH PRESENTATIONS REPRESENTING A RANGE OF SERVICES FROM HOME CARE SERVICES, RESIDENTIAL CARE FACILITIES FOR THE ELDERLY, PALLIATIVE CARE, AND OTHER PLANNING SERVICES.11) HOSTED THE SECOND ANNUAL ALZHEIMER'S CONFERENCE IN PARTNERSHIP WITH ALZHEIMER'S LOS ANGELES. OFFERED THE PROGRAM BILINGUALLY WITH IN-LANGUAGE INTERPRETATION FOR A JAPANESE-SPEAKING AUDIENCE. SERVED 190 INDIVIDUALS AND FAMILY CAREGIVERS, AND PRESENTED ON TOPICS INCLUDING DEMENTIA FRIENDLY COMMUNITIES AND MANAGING BEHAVIORAL CHALLENGES IN PEOPLE WITH DEMENTIA. 12) DIRECTLY WORKED WITH 130 VOLUNTEERS TO PROVIDE HEALTH AND WELLNESS PROGRAMS THROUGHOUT THE YEAR IN VARIOUS FORUMS AND CONFERENCE EVENTS. STEWARDED THESE VOLUNTEERS TO ENHANCE KEIRO'S ACTIVITIES WHILE PROVIDING EDUCATIONALLY-ENGAGING PROGRAMS TO THE COMMUNITY'S OLDER ADULTS AND CAREGIVERS.13) PARTNERED WITH EAST SAN GABRIEL VALLEY JAPANESE COMMUNITY CENTER TO DEVELOP A LICENSED SOCIAL MODEL ADULT DAY PROGRAM FOR OLDER ADULTS LIVING IN THE COMMUNITY.14) ORGANIZED AND CONDUCTED EDUCATION PROGRAMS FOR YOUNGER GENERATIONS TO PREPARE FOR CAREGIVING AND THE AGING OF THEIR FAMILIES. 2772338 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 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 0 0 0 1 36 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X BEVERLY ITO 2138735700 420 EAST THIRD STREET 1000 LOS ANGELES CA 90013 GENE S KANAMORI PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 0.00 X X 161851 0 19834 BRADLEY K FUJIKUNI DIR. OF FINANCE & ADMINISTRATION 40.00 0.00 X 129044 0 22110 BRANDON LEONG DIR, DEVELOPMENT & COMMUNICATIONS 40.00 0.00 X 117814 0 10038 LYNN MIYAMOTO ESQ CHAIRMAN 1.00 0.00 X X 0 0 0 JACK KURIHARA VICE CHAIRMAN 1.00 0.00 X X 0 0 0 THOMAS IINO CFO/TREASURER 1.00 0.00 X X 0 0 0 GERALD FUKUI SECRETARY 1.00 0.00 X X 0 0 0 ERNEST DOIZAKI DIRECTOR 1.00 0.00 X 0 0 0 KIMIKO FUJITA DIRECTOR 1.00 0.00 X 0 0 0 CLAIRE KOGA DIRECTOR 1.00 0.00 X 0 0 0 LISA SUGIMOTO DIRECTOR 1.00 0.00 X 0 0 0 DOUG AIHARA DIRECTOR 1.00 0.00 X 0 0 0 SHARON FONG DIRECTOR 1.00 0.00 X 0 0 0 HIROKO MURAKAMI DIRECTOR 1.00 0.00 X 0 0 0 408709 0 51982 3 0 1 0 ANGELES INVESTMENT ADVISORS 429 SANTA MONICA BLVD STE 650 SANTA MONICA CA 90401 INVESTMENT MANAGEMENT 198203 1 924244 924244 478229 478229 20586856 20474172 112684 112684 112684 OTHER INCOME 900099 70598 70598 70598 1585755 0 0 661511 250192 250192 386917 109514 245274 32129 1147059 753860 227333 165866 46077 22696 20614 2767 113301 71686 33336 8279 107302 62360 30728 14214 76298 76298 39380 39380 198203 198203 249152 131908 117244 13926 13926 33772 18814 14958 18150 18150 198780 133182 65598 24112 4107 19025 980 19402 4719 14268 415 31318 31318 43288 43288 STRATEGIC PARTNERSHIPS 939795 939795 COMMUNITY DEVELOPMENT 216519 216519 DONOR DEVELOPMENT 35285 0 26076 9209 EQUIPMENT 20747 12500 8247 0 122289 8410 79096 34783 4331264 2772338 1290284 268642 240421 723419 1518493 808794 64829 87953 660897 537612 158353 123285 18577582 21139825 81874396 55350179 4262931 2849189 106697005 81082644 241679 247664 241679 247664 X 74988189 56475548 31467137 24359432 106455326 80834980 106697005 81082644 X -2745509 -22419679 -455158 X 0 1 X 1 0 X 44599606 531386 743019 1267055 924244 48065310 44599606 531386 743019 1267055 924244 48065310 20100 41500 51750 51000 164350 0 20100 41500 51750 51000 164350 47900960 1924647 351051 128368 169296 478229 3051591 1924647 351051 128368 169296 478229 3051591 -30770 70598 39828 46493483 882437 871387 1436351 1473071 51156729 0.93640 0.92270 0.05970 0.07570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23836989 -5122130 18714859 18652811 5184178 23836989 17006112 1646699 18652811 15538575 1467537 17006112 15697252 -158677 15538575 0.00000 0.56799 0.43201 0 0 19475 19475 236382 236382 0 339540 301230 38310 65500 65500 123285 ALTERNATIVE INVESTMENTS 55350179 F 55350179 X -21487285 -22419679 -455158 -22874837 1387552 198203 198203 1585755 4133061 0 4133061 198203 198203 4331264 PART V, LINE 4: KEIRO'S ENDOWMENT CONSISTS OF THE LIVING TREASURES ENDOWMENT FUND (THE "ENDOWMENT"), ESTABLISHED TO ENSURE THAT KEIRO IS FUNDED TO CONTINUE TO MEET ITS MISSION TO ENHANCE THE QUALITY OF SENIOR LIFE IN OUR COMMUNITY. KEIRO HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A RELATIVELY PREDICTABLE AND STABLE STREAM OF FUNDING TO PROGRAMS AND PROJECTS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: KEIRO RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED OCTOBER 31, 2022, KEIRO PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT IDENTIFY ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE REMAINDER UNITRUST AGREEMENTS -455,158. 1 FAITH UNITED METHODIST CHURCH 2115 W 182ND STREET TORRANCE CA 90504 953370366 CHURCH 15000 0 TO SUPPORT FAITH UMC'S MEAL AND OUTREACH PROGRAMS IN 2022 LONG BEACH JAPANESE CULTURAL CENTER 1480 E MARSHALL PL LONG BEACH CA 90807 953416426 501(C)(3) 15000 0 TO SUPPORT LBJCC'S SENIOR LUNCH PROGRAMS IN 2022 ORANGE COUNTY BUDDHIST CHURCH 909 S DALE AVE ANAHEIM CA 92804 941498382 CHURCH 15000 0 TO SUPPORT OCBC'S TWICE MONTHLY MEAL PROGRAM FOR HOMEBOUND OLDER ADULTS IN 2022 OXNARD BUDDHIST TEMPLE 250 SOUTH H ST OXNARD CA 93030 941498382 TEMPLE 15000 0 TO SUPPORT OBT'S ABILITY TO RENOVATE RESTROOMS FOR INCREASED SENIOR ACCESS IN 2022 VENICE HONGWANJI BUDDHIST TEMPLE 12371 BRADDOCK DR CULVER CITY CA 90230 371493889 TEMPLE 15000 0 TO SUPPORT VHBT'S CAREGIVER, OUTREACH, AND MEAL/SUPPLY DELIVERY PROGRAMS IN 2022 WEST LOS ANGELES BUDDHIST TEMPLE 2003 CORINTH AVE LOS ANGELES CA 90025 956062781 TEMPLE 15000 0 TO SUPPORT WLABT'S MEAL AND CARE PACKAGE DELIVERY PROGRAMS IN 2022 ORANGE COUNTY JAPANESE AMERICAN ASSOCIATION 17332 IRVINE BLVD STE 160 TUSTIN CA 92780 330271323 501(C)(3) 14096 0 TO SUPPORT OCJAA'S PROGRAMS AND STAFFING SUPPORT TO KEEP OLDER ADULT AND CAREGIVER MEMBERS CONNECTED IN 2022 EAST SAN GABRIEL VALLEY JAPANESE COMMUNITY CENTER 1203 W PUENTE AVE WEST COVINA CA 91790 956100417 501(C)(3) 13900 0 TO SUPPORT ESGVJCC'S SENIOR WELLNESS PROGRAM IN 2022 VENICE JAPANESE COMMUNITY CENTER 12448 BRADDOCK DR LOS ANGELES CA 90066 956220754 501(C)(3) 12129 0 TO SUPPORT VJCC'S SENIOR MEAL AND WELLNESS PROGRAMS IN 2022 LITTLE TOKYO NUTRITION SERVICES 244 S SAN PEDRO ST STE 408 LOS ANGELES CA 90012 760794434 501(C)(3) 12000 0 TO SUPPORT LTNS'S STAFFING AND DAILY MEAL DELIVERY PROGRAMS IN 2022 LONG BEACH BUDDHIST CHURCH 2360 SANTA FE AVE LONG BEACH CA 90810 300644424 CHURCH 11759 0 TO SUPPORT LBBC'S OUTREACH AND MEAL PROGRAMS IN 2022 PASADENA NIKKEI SENIORS 595 NORTH LINCOLN AVE STE 101-A PASADENA CA 91103 954524711 501(C)(3) 9000 0 TO SUPPORT PNS' MEAL PROGRAMS AND TRANSPORTATION NEEDS IN 2022 GARDENA VALLEY JAPANESE CULTURAL INSTITUTE 1964 W 162ND STREET GARDENA CA 90247 956197597 501(C)(3) 8835 0 TO SUPPORT GVJCI'S WELLNESS PROGRAMS AND CORE OPERATIONS IN 2022 NALC USA 2390 CRENSHAW BLVD 258 TORRANCE CA 90501 831970793 501(C)(3) 8472 0 TO SUPPORT NALC USA'S EDUCATIONAL AGING PROGRAMS IN 2022 HEARTS OF LAVENDER 2497 HUNTINGTON DR SAN MARINO CA 91108 842312207 501(C)(3) 8400 0 TO SUPPORT HOL'S PROGRAMS FOR OLDER ADULTS IN 2022 ORANGE COUNTY FRIENDSHIP CHOIR 6 DEL PERLATTO IRVINE CA 92614 364661291 501(C)(3) 8200 0 TO SUPPORT OCFC'S CORE OPERATIONS TO KEEP MEMBERS CONNECTED IN 2022 ZENSHUJI SOTO MISSION 123 S HEWITT ST LOS ANGELES CA 90012 951782838 TEMPLE 8015 0 TO SUPPORT ZENSHUJI'S SENIOR WELLNESS VIA EXERCISE AND TECHNOLOGY SUPPORT IN 2022 CERRITOS BAPTIST CHURCH 11947 DEL AMO BL CERRITOS CA 90703 330052827 CHURCH 7780 0 TO SUPPORT CBC'S MEAL, OUTREACH, AND TRANSPORTATION IN 2022 VENTURA COUNTY JACL 32103 BEACHVIEW LN WESTLAKE VILLAGE CA 91361 953259973 501(C)(3) 7000 0 TO SUPPORT VENTURA COUNTY JACL'S CORE OPERATIONS AND CAPACITY BUILDING TO REACH SENIORS IN 2022 MAKOTO TAIKO 2430 E COLORADO BLVD PASADENA CA 93065 471555576 501(C)(3) 5760 0 TO SUPPORT MAKOTO TAIKO'S TAIKO FOR OLDER ADULTS PROGRAM IN 2022 PASADENA BUDDHIST TEMPLE 1993 GLEN AVE PASADENA CA 91103 952251767 TEMPLE 5029 0 TO SUPPORT PBT'S MEAL AND MOVEMENT PROGRAMS KEEPING OLDER ADULTS CONNECTED IN 2022 27 0 PART I, LINE 2: KEIRO FUNDS QUALIFIED NON-PROFIT ORGANIZATIONS AND GROUPS THROUGH A COMPETITIVE, COMMUNITY-BASED REVIEW PROCESS WITH THE GOAL OF EXTENDING RESOURCES TO SERVE THE MOST VULNERABLE OLDER ADULTS IN THE JAPANESE AMERICAN AND JAPANESE COMMUNITY. WITH THE SPECIFIC FOCUS ON SUPPORTING PROGRAMS THAT AIMED TO REDUCE ISOLATION AND LONELINESS, THE GRANTS REVIEW COMMITTEE PRESENTS THE DOCKET TO THE KEIRO BOARD OF DIRECTORS FOR FINAL APPROVAL. X X X X 0 0 0 0 0 0 0 1 0 GENE S KANAMORI PRESIDENT & CHIEF EXECUTIVE OFFICER 154851 0 1000 0 6000 0 6508 0 13326 0 181685 0 0 0 BRADLEY K FUJIKUNI DIR. OF FINANCE & ADMINISTRATION 128544 0 500 0 0 0 5597 0 16513 0 151154 0 0 0 PART I, LINE 7 HOLIDAY BONUSES WERE AWARDED IN DECEMBER 2021 TO STAFF.THE CEO'S BONUS WAS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 1A THE GOVERNING BODY DELEGATED BROAD AUTHORITY TO AN EXECUTIVE COMMITTEE, WHICH CONSISTS OF THE FOLLOWING MEMBERS: 1) GENE S. KANAMORI, PRESIDENT/CEO 2) THOMAS IINO, CFO/TREASURER 3) GERALD FUKUI, SECRETARY 4) LYNN MIYAMOTO, ESQ., CHAIR 5) JACK KURIHARA, VICE CHAIR FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 - THE 990 IS REVIEWED BY THE AUDIT COMMITTEE, CHAIRPERSONS AND OFFICERS. MEMBERS DISCUSS RELEVANT MATTERS AND ASK QUESTIONS OF STAFF. ONCE APPROVED, STAFF ARE DIRECTED TO PROVIDE COPIES TO ALL BOARD MEMBERS PRIOR TO FILING/SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICT OF INTEREST POLICY: THE ORGANIZATION REQUIRES BOARD MEMBERS AND KEY EMPLOYEES TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. ATTESTATION OF RECEIPT OF THE CONFLICT OF INTEREST DISCLOSURE IS PERFORMED BY THE DIRECTOR OF STRATEGY. IF CONFLICTS OF INTEREST ARE DISCLOSED, BOARD MEMBERS DISCUSS THE IMPACT OF SUCH DISCLOSURES UPON DECISION MAKING AND REQUIRES MEMBERS WITH THE CONFLICTS TO ABSTAIN THEMSELVES. THE COMPANY HAS ASSIGNED THE DIRECTOR OF FINANCE & ADMINISTRATION TO MONITOR ALL COMPLIANCE ISSUES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR CEO AND KEY EMPLOYEES: THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO AND KEY EMPLOYEES OCCURS IN A TWO STEP PROCESS. THE FIRST STEP INCLUDES A MEETING OF A COMMITTEE WHICH IS MADE UP OF INDEPENDENT BOARD MEMBERS AS VERIFIED BY THE COMPLETION OF CONFLICT OF INTEREST DISCLOSURES. IN THIS MINUTED MEETING, THE COMMITTEE REVIEWS COMPARABILITY WITH CURRENT COMPENSATION ARRANGEMENTS FOR KEY EMPLOYEES. ONCE A DECISION IS FINALIZED, A RECOMMENDATION IS MADE TO THE FULL BOARD ON WHETHER TO ACCEPT THE ARRANGEMENTS OR MODIFY THEM. THE FULL BOARD THEN VOTES TO ACCEPT THEIR RECOMMENDATION OR MODIFY THE RECOMMENDATION. THE SAME INDEPENDENT DATA SOURCES ARE UTILIZED FOR COMPARABILITY PURPOSES. THE CEO GOES THROUGH AN ADDITIONAL LEVEL OF REVIEW WITH THE FULL BOARD WHICH INCLUDES A PERFORMANCE REVIEW AND COMPENSATION REVIEW UTILIZING INDEPENDENT DATA SOURCES. AFTER THE DELIBERATIONS, THE FULL BOARD MAKES A DETERMINATION ON THE CEO'S COMPENSATION ARRANGEMENT. THIS DISCUSSION AND ANY DECISIONS MADE ARE CONTEMPORANEOUSLY MINUTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - FINANCIAL STATEMENTS ARE PREPARED ANNUALLY AND ARE AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE REMAINDER UNITRUST AGREEMENTS -455,158.