2023-07-28T08:02:07-00:00 2023-03-31 381357951 Plante Moran PLLC 10 South Riverside Plaza 9th Floor Chicago IL 60606 990 2022-04-01 362167016 Chicago Zoological Society CHIC 7086888300 3300 Golf Road Brookfield IL 60513 Michael J Adkesson President and CEO 7086888300 2023-07-28 true Michael Adkesson 999009999 true LuAnn Trapp P01506476 3122071040 2023-07-28 AAL1 IAL1 2022 2023-04-26 12:10:37Z Brookfield Zoo Michael J Adkesson 3300 Golf Road Brookfield IL 60513 78552041 false X www.czs.org X 1921 IL To inspire conservation leadership by connecting people with wildlife and nature. 43 42 672 407 190330 13678 44579942 26699887 34196282 35909344 3467136 2365021 -24050 -379846 82219310 64594406 531126 332859 0 32679060 35451011 53460 596938 3144619 27439563 29734275 60703209 66115083 21516101 -1520677 234132000 226030000 54781000 52116000 179351000 173914000 To inspire conservation leadership by connecting people with wildlife and nature. false false 23458388 175000 25508436 Park Operations The CZS maintains 75 buildings on 235 acres of land to exhibit over 2,500 animals. In a typical year, two million visitors annually enjoy the experience of seeing and learning about the animals of the world. Each individual that enters through Brookfield Zoos gates represents an opportunity to introduce representatives of the wild world, to convey our intertwined connections to the animal kingdom, and to encourage positive change in the world. The Zoo is open every day of the year. Admission is free to the general public 52 days/year and at all times to Illinois school groups and military personnel. The membership team services our 119,000 member households, providing them with the opportunity to participate in the conservation and educational efforts of CZS. The events team provides seasonal and animal themed events such as Earth Day Party, Ape Awareness Weekend, Holiday Magic and Boo at the Zoo. Visitor services provides narrated tram tours and accessible transportation options in the park. 26589000 130859 2759446 Animal Health, Welfare, Care and Programs More than 2500 ambassadors of the animal kingdom provide our visitors with a rare opportunity to see species from around the globe and experience up close, personal encounters. CZS staff provide expert care of these ambassadors, where innovations in husbandry techniques and pioneering breeding programs are part of the cuttting edge culture of excellence and integrating disciplines such as population biology, behavioral science, nutrition and veterinary science help determine the best ways to provide and continuously care for the animals. CZS also incorporates models and practices from an array of animal care professionals around the world, to develop the best possible zoo-based animal care and management practices. Through Keeper Chats and Ambassador Animal Encounters, staff share their knowledge of the animals in their care with zoo guests, helping them gain an appreciation for all citizens of the natural world. Through field programs,CZS support efforts to protect and restore populations of threatened species in other parts of the world. 3140000 27000 177378 Education and Community Engagement Through its education programs, CZS communicates with others to engender in them a sense of ownership about living harmoniously with nature and helping save endangered species. Education specialists, volunteers, curators, graphic and exhibit designers, photographers and many others contribute to sharing this information both in person and virtually. As well as reaching the daily visitors to the Zoo, CZSs education and outreach programming reaches out to would be conservationists outside of the Zoo including classrooms of school children and teachers, local libraries and community organizations to engage them in nature based programs, strengthening the bridge between education and conservation and working together to create healthy spaces for people and wildlife. 53187388 true true false true false true false true false true true false false false true false true true false false true true true true true false false true true true true false false false false false false false false true true true false false false false false false false false true X 92 0 true 672 true true true false false false false true true true 1 false false false false false X 43 42 false true false false true true false true true false false true true true true true true true true false FL IL WI X David E Burns 7086888387 3300 Golf Road Brookfield IL 60513 Dr Michael Adkesson President and CEO 040.00 X X 448546 0 40006 David E Burns Chief Financial and Admin. Officer 040.00 X 379631 0 30038 Mary A Cronin Master Planning Coordinator 024.00 X 298077 0 7828 Dr Sathya K Chinnadurai Sr. VP Animal Health Welfare 040.00 X 187718 0 40277 Jennifer L Baader Sr. VP Govt Affairs 040.00 X 193994 0 23670 Leah Rippe VP Marketing Communications 040.00 X 184998 0 28853 Sandra L Dornhecker Sr. VP Human Resources 040.00 X 173320 0 25956 Michael Owens VP Information Technology 040.00 X 186752 0 7998 Jerome E Johnston VP Guest Services Operations 040.00 X 176236 0 11265 Frank W Zeigler Sr. VP Animal Programs thru 2/2022 040.00 X 170095 0 3963 Cherryl T Thomas Chair of the Board 002.00 X X 0 0 0 William C Kunkler III Deputy Chair of the Board 002.00 X X 0 0 0 John P Grube Vice-Chair of the Board 002.00 X X 0 0 0 Elizabeth Hamill Bramsen Vice-Chair of the Board 002.00 X X 0 0 0 Merrick M Elfman Vice-Chair of the Board 002.00 X X 0 0 0 Bert A Getz Jr Vice-Chair of the Board 002.00 X X 0 0 0 Kelley C Schueler Vice-Chair of the Board 002.00 X X 0 0 0 Kathryn Babcock Shaffer Vice-Chair of the Board 002.00 X X 0 0 0 Michael P Emmert Treasurer 002.00 X X 0 0 0 Randall G Vickery Secretary 002.00 X X 0 0 0 Stuart B Abelson Trustee 002.00 X 0 0 0 Walter W Becky II Trustee 002.00 X 0 0 0 Jennifer L Bellini Trustee as of 7/2022 002.00 X 0 0 0 Jay D Bergman Trustee 002.00 X 0 0 0 Edward McCormick Blair Jr Trustee 002.00 X 0 0 0 Barbara J Bradford Trustee 002.00 X 0 0 0 James A Bryan Trustee 002.00 X 0 0 0 Michael G Canning Trustee 002.00 X 0 0 0 John A Carpenter Trustee 002.00 X 0 0 0 Dr Bonny Chen Trustee 002.00 X 0 0 0 Rita Sola Cook Trustee 002.00 X 0 0 0 JR Davis III Trustee 002.00 X 0 0 0 Michael F DeSantiago Trustee 002.00 X 0 0 0 Gregory J DiDomenico Trustee 002.00 X 0 0 0 Dr Lisa C Freeman Trustee as of 9/2022 002.00 X 0 0 0 Sasha L Gerritson Trustee 002.00 X 0 0 0 Darius A Gill Trustee 002.00 X 0 0 0 Veronica Gomez Trustee 002.00 X 0 0 0 Barbara Grayson Trustee 002.00 X 0 0 0 Joseph A Gregoire Trustee 002.00 X 0 0 0 Heidi Huizenga Trustee 002.00 X 0 0 0 Kevin M Keeley Trustee 002.00 X 0 0 0 Molly Keller Trustee 002.00 X 0 0 0 Kevin M Killips Trustee 002.00 X 0 0 0 Barbara Levy Kipper Trustee 002.00 X 0 0 0 Jerry Manne Trustee 002.00 X 0 0 0 Toni Preckwinkle Trustee 002.00 X 0 0 0 Benita S Romano Trustee 002.00 X 0 0 0 Mark G Sander Trustee 002.00 X 0 0 0 Stuart D Strahl PhD Trustee 002.00 X 0 0 0 Kristi Weaver Trustee 002.00 X 0 0 0 Patrick E Whiteside Trustee 002.00 X 0 0 0 George Barr Trustee thru 8/2022 002.00 X 0 0 0 Steve Groetsema Trustee thru 7/2022 002.00 X 0 0 0 2399367 219854 34 false true false Goettsch Partners Inc 224 S Michigan Ave Suite 1700 Chicago IL 60604 Architectural Services 1019384 Two by Four 10 N Dearborn St Suite 1000 Chicago IL 60602 Advertising 874334 University of Illinois 506 S Wright St Urbana IL 61802 Veterinary/Pathology/Lab Services 557162 Paymentech LLC 14221 Dallas Parkway Dallas TX 75254 Payment Card Processing Services 493319 The Northern Trust Company 50 S LaSalle St Chicago IL 60603 Banking and Investment Services 345253 37 1875013 15407626 9417248 1374596 26699887 General Admissions 900099 7226574 7226574 Memberships 900099 15874150 15874150 Visitor Services 900099 6555081 1615651 4939430 Admissions-Internal Attractions 900099 2412300 2412300 Visitor Parking 900099 2465507 2465507 1375732 1126255 190330 59147 35909344 2450233 2450233 73810 73810 73810 73810 13213397 13298609 -85212 -85212 -85212 205370 1875013 659026 -453656 -453656 64594406 28254930 190330 9449259 196350 196350 25000 25000 111509 111509 0 1721541 652535 797058 271948 0 25893773 21420379 3019977 1453417 597033 493890 69632 33511 5134288 3977908 838195 318185 2104376 1740825 245432 118119 0 423409 423409 108009 108009 55114 55114 596938 596938 128367 128367 5636021 5018933 611854 5234 1756262 1756262 5064166 4763239 168244 132683 1090783 150141 883673 56969 6014 6014 2752244 2737192 13771 1281 278043 239888 20753 17402 0 155254 59749 68237 27268 566555 566555 0 8474142 8052212 379285 42645 1317507 1189182 88273 40052 Animal food and transport 1448510 1448510 Revenue Bond Maintenance Fees 281840 281840 Gain/Loss on Retirment of Fixed Assets 54513 34239 20274 UBIT Taxes 7961 7961 129561 13337 87257 28967 66115083 53187388 9783076 3144619 600702 558231 54907829 50264892 7519172 6263963 267568 3395610 1960760 1821069 295192222 184088610 112786463 111103612 55953000 52255000 136506 367623 234132000 226030000 5743221 6247274 17167996 14671837 29440000 28920000 2429783 2276889 54781000 52116000 X 154565000 150410000 24786000 23504000 179351000 173914000 234132000 226030000 X -1520677 -3940913 24590 X false true X true false X 23367263 23516558 1851264 29624590 12543166 90902841 14573917 14677126 3908169 14955352 14156721 62271285 37941180 38193684 5759433 44579942 26699887 153174126 458123 152716003 1906637 896735 1020225 2524043 6347640 29847 40865 9196 13678 93586 159615352 113611386 0.95680 0.96430 X Part II Section A Line 1-4 The 2020 amounts reflect the short year period from 1/1/21-3/31/21 due a change in accounting period. Part II Section B Line 7-10 The 2020 amounts reflect the short year period from 1/1/21-3/31/21 due a change in accounting period. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false true 1087 true 4073 true 175000 true 147453 false false 327613 false II-B 1 A-J The Chicago Zoological Society is a private non profit organization that operates Brookfield Zoo on land owned by the Forest Preserve District of Cook County. Brookfield Zoo was created through an act of the Illinois Legislature and the Society annually receives partial funding from the Cook County Forest Preserves to maintain and operate the Zoo. Occasionally, the laws and regulations under which the Society was organized and is funded and operated require updating. The Society may advise and assist appropriate legislative bodies in this activity. It may also advocate the adoption or rejection of legislation. By virtue of a management agreement with the District, the Society is periodically called upon to advise on matters of public policy. The Society also employs certain staff and consultants to communicate with the State of Illinois, federal officials, county commissioners and other government officials, to inform those parties of the activities of the Society. Additionally, as required during the year, the Societys President and designated staff attend national and international professional group meetings and otherwise communicate with those groups on various matters, including the expression of opinions to appropriate congressional representatives, congressional committees or other deliberative bodies that influence public policy concerning species in danger of extinction, environmental management, the biological sciences and kindred subject, and federal regulatory agency activities affecting wildlife and its management. Also, as needed from time to time, the Society may contact its members, staff and volunteers to encourage them to express their views on pending legislation that may have a direct impact on the Society and its conservation programs. In FY23, the Society engaged in a county-wide referendum effort, which required the investment of additional funding and staff time. 2 149734 92450 2935848 false false X X X X false 24740000 3000 -1419000 5000 44000 23275000 25383000 28000 256000 874000 53000 24740000 24562000 3000 831000 13000 25383000 22362000 172000 2998000 927000 43000 24562000 19131000 321000 3802000 849000 43000 22362000 0.23000 0.44000 0.33000 true false 281840568 175468555 106372013 9806111 8620055 1186056 3545543 3545543 111103612 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Accrued Post Retirement Benefit Obligation 1209268 Accrued Sick Pay Benefit Obligation 1029973 Charitable Gift Annuity Obligation 151281 Unamortized Bond Issue Costs -110968 Other -2665 2276889 X 61387000 -3940913 290602 -3650311 65037311 128367 -571272 -442905 64594406 66647000 290602 369682 660284 65986716 128367 128367 66115083 I 5 and 6 The Society does not maintain any donor advised funds. Other Funds consist of the Chicago Board of Trade Endangered Species Fund and the CZS Womens Board Fund. Contributions to these funds come from donors as well as proceeds from fundraising events and investment income. Grants are decided by committees as described in Schedule I. At times, donors who have given money to the fund may also sit on the granting committee but no one donor may decide on the grant awards. All grants awarded must follow the guidelines and processes established by CZS. CZS Board of Trustees has final approval of all Chicago Board of Trade Endangered Species Fund Committee recommended grant awards. CZS Management has final approval of all CZS Womens Board recommended grant awards. III 1A Animal Collections, which were acquired through breeding loans, purchases and contributions, are not recognized as assets on the Statement of Financial Position. Costs to acquire collection items are recorded as decreases in unrestricted net assets in the year in which the animals are acquired. Proceeds from deaccessions are reflected as increases in the appropriate net asset class. The Societys animal collection consists of specimens with numerous attributes including taxonomic group, age, sex, relationship and value to other animals, endangered status and breeding potential. The Society retains a record of every animal in a permanent file. An inventory of the collection is prepared annually. Professionally trained keeper staff and population managers provide daily care for the collection and determine population needs. III 4 The more than 2500 ambassadors of the animal kingdom which make up the CZS collection provide our visitors a rare opportunity to see species from around the globe. The collection, in connection with our education programs, provides CZS the opportunity to teach guests about animals and nature, conservation and other related topics. V 4 The Societys endowment consists of different funds established to support a variety of CZS programs including conservation and research, education and outreach, care of the animal collection and grounds, and general operations. Additionally, the Society is the designated beneficiary of the interest income on a 1 million endowment established and maintained by the Chicago Community Trust. The CCT maintains variance power over this endowment and, accordingly, the Society has not included it in its financial statements. VI 1A-E The Society operates a zoological park on land owned by the Forest Preserve District of Cook County, IL which is provided to the Society at no charge. The land site of the Zoo, accordingly, is not recorded on the Societys financial statements. All park improvements acquired by the Society are legally owned by the District. All park improvements acquired by the Society, including those acquired with District funds, are recorded as park improvements on the Societys financial statements. The amount in Other represents construction in progress on capital assets. Once a capital asset is complete and in use, the total amount for that project is closed out of construction in progress and transferred to park improvements. X 2 The Society is a not-for-profit corporation and is exempt from tax under the provisions of Internal Revenue Code Section 501c3, except for taxes on unrelated business income. The Society has no liability for uncertain tax positions, therefore the Society does not include such a footnote as it is no longer required by generally accepted accounting principles. XI 4b Other Adjustments - Fundraising Event Expense -571,478 Rounding and Misc adjustments 206 XII 2d Other Adjustments - change in market value of swap agreements -202,002, Fundraising Event Expense 571,478 Rounding and Misc adjustments 206 true Europe Including Iceland and Greenland program services attend conservation related conferences 3285 Europe Including Iceland and Greenland program services memberships in conservation organizations 9105 Russia and the Neighboring States grants to recipients for fieldwork in the region 6700 South America program services conservation fieldwork 16906 South America grants to recipients for fieldwork in the region 34631 South Asia grants to recipients for fieldwork in the region 16700 Sub-Saharan Africa program services conservation education 1591 Sub-Saharan Africa program services attend conservation related conferences 12857 Sub-Saharan Africa grants to recipients for fieldwork in the region 53478 155253 155253 Russia and the Neighboring States conservation fieldwork 6700 wire transfer South America conservation fieldwork 20226 check South Asia conservation fieldwork 6700 wire transfer South Asia conservation fieldwork 6500 wire transfer Sub-Saharan Africa conservation fieldwork 6908 wire transfer Sub-Saharan Africa conservation fieldwork 7000 wire transfer Sub-Saharan Africa conservation fieldwork 7000 wire transfer Sub-Saharan Africa conservation fieldwork 7000 wire transfer Sub-Saharan Africa conservation fieldwork 5380 wire transfer Sub-Saharan Africa conservation fieldwork 7000 wire transfer 10 conservation fieldwork South America 3 14405 Wire transfer conservation fieldwork Sub-Saharan Africa 1 5000 Wire transfer false false false false false false Part I Line 2 The Society awards grants through its Chicago Board of Trade Endangered Species Fund CBT ESF. The grant cycle is 2 times per year. Grant proposals are reviewed by a team of four. Proposals may be endorsed by an IUCN Species Survival Committee or other major, internationally known conservation organization, the AZA/WAZA, or other major zoo organization. For any individuals/organizations who are not US Citizens/entities, the Society checks the most recent OFAC Control List of Specifically Designated and Blocked Persons as well as the Consolidated List established and maintained by the 1267 Committee with respect to Al-Qaida, Osama Bin Laden, and the Taliban and other individuals, groups, undertakings and entities associated with them. Approximately 50,000 is awarded each cycle, usually in amounts of 3000 to 7000 per grant. Final award recommendations are presented to the Executive Committee of the Board of Trustees by the CBOT Committee members. Final reports are due 1 year after the receipt of the funds along with a final accounting of the grant funds expended. In addition, other grant funds are given by the Society to major, internationally known conservation organizations in support of their general conservation mission. These contributions are determined by Society management. They are approved by the Board either as part of the annual operating budget process or as part of a periodic spending authorization from the Societys Board Designated Conservation Fund. Part I Line 2 contd The Society also holds funds raised for avian conservation and pangolin conservation programs. A small number of research grants are awarded from these funds each year. The grants awarded from these funds are approved by the Avian Scientific Advisory Group and the Pangolin Consortium Group. These groups are composed of staff from the Society and other like-minded institutions. Both groups have written grant application, awarding, tracking and reporting processes in place. All grant payments approved by the groups must follow the Societys established internal procedures before payment is made. Part I Line 3, Col F , Part II Line 1, and Part III All expenditures are reported using the accrual method of accounting. X X X X X X X false A&Z Resources Inc 14110 W 167 Street Homer Glen IL 60491 fundraising consulting false 199694 Miles River Direct 19 Boardman Lane Hamilton MA 01982 fundraising consulting false 15000 Community Counselling Service Co LLC 527 Madison Ave Fifth Floor New York NY 10022 fundraising consulting false 382244 596938 FL IL IN WI Whirl Gala 1434758 1348258 86500 5924 8271 144595 11000 179723 Conservation Leadership Awards Dinner 286957 268307 18650 12137 47674 29030 7 358668 258448 100220 2000 84559 320 133793 2080383 1875013 205370 5924 22408 276828 11320 342546 659026 -453656 true Vote Yes for Clean Air Clean Water and Wildlife NFP 411 S Wells St Suite 300 Chicago IL 60607 872472803 501c4 175000 Contrib to spt work on referendum campaign Society for Marine Mammal Research Institute 290 Summer St Yarmouth MA 02675 942842655 501c3 10000 Marine Mammal Conference sponsor 1 1 Educ. Scholarship for Conservation Education 5 25000 Part I Line 2 CZS awards grants and assistance through a variety of programs. For awards under the CBT ESF and Avian and Pangolin Conservation Programs, as well as general contributions to major conservation organizations, see details in Schedule F, part V. CZS also provides grants and assistance through its educational scholarship programs. CZS maintains records to substantiate amounts, elegibility and selection criteria. Procedures are in place to monitor grants to ensure they are used for proper purposes including, where applicable, periodic reporting by the grantee. X X X true true X X X X X true false false false false false false true false Dr Michael Adkesson President and CEO 400625 47921 4393 35613 488552 David E Burns Chief Financial and Admin. Officer 350260 25000 4371 6312 23726 409669 Dr Sathya K Chinnadurai Sr. VP Animal Health Welfare 187132 586 5358 34919 227995 Sandra L Dornhecker Sr. VP Human Resources 168009 5311 2795 23161 199276 Frank W Zeigler Sr. VP Animal Programs thru 2/2022 24818 145277 1677 2286 174058 Mary A Cronin Master Planning Coordinator 298077 7828 305905 Jennifer L Baader Sr. VP Govt Affairs 193421 573 4731 18939 217664 Leah Rippe VP Marketing Communications 181329 3669 5651 23202 213851 Michael Owens VP Information Technology 182781 3971 4731 3267 194750 Jerome E Johnston VP Guest Services Operations 170779 5457 4807 6458 187501 Part I Line Line 1a As provided for in the executive employment agreement approved by the Board of Trustees, the President received a gross up payment equivalent to the tax obligation for the value of the Society provided life insurance. It was treated as taxable compensation to the President. Part I Line Line 1a The Society paid for Chicago Club dues for the President. The Club was only used for business purposes and was not treated as taxable compensation. Part I Line Line 4a As provided for in the Severance Agreement with the Sr. VP Animal Programs related to the elimination of the position, he received a severance payment of 114,000. Part I Line Line 7 The Chief Administrative and Financial Officer received a lump sum bonus related to the assumption of additional responsibilities. This bonus was approved by the Board of Trustees. A Village of Brookfield Cook County IL 366005807 112732AAO 2008-06-18 39850000 Construction and renovation of certain buildings and exhibits false false false A 10930000 39850000 595445 296598 30539559 2010 false false true true A false false false false false false true A false true true true The Northern Trust Co 0000000010.000000000000 false false false false true A true Part II Line 11A Some proceeds of the bonds were used to retire a portion of the bonds as reported in Part II, Line 1A Part IV Line 2c Column A The rebate calculation was performed by an independent rebate consultant in March 2013 indicating no rebate was due and advising that as long as all assumptions remained true it was no longer necessary to compute excess with respect to these bonds. Cynthia W Zeigler Family Member of Key Employee 56534 employment false A&Z Resources Inc Corporation in which a key employee 253205 consulting services false Part IV Line 1 During calendar year 2021, Cynthia W. Zeigler was employed as Chief Advancement Officer. She is a family member of key employee Frank W. Zeigler who was employed with the Society until February 2022. Employment for each of them followed the Societys established recruiting, hiring and compensation policies. Ms. Zeiglers employment with the Society ended on December 31, 2021. In January 2022, she received her final payment of employee compensation, including the normal payout of accrued PTO. Part IV Line 2 During FY23, CZS engaged AZ Resources, Inc. under two contracts to provide fundraising management services and animal care consulting services. AZ Resources Inc. is a corporation owned by Cynthia W. Zeigler and Frank W. Zeigler. The contracts ended on December 31, 2022. X 25 755785 price of stock on gift date X 1 151123 selling price X 3 17325 vendor estimated value X 2 10072 vendor estimated value X 39 X Operating Supplies 21 341243 cost or selling price X Charity Auction Items 134 87548 cost or selling price X Charity Fundraiser Supplies 13 11500 cost or selling price false true true Part I Line Line 32b The Society has an agreement with IDonate to process certain non cash donations on behalf of the Society. Donors donate their items to IDonate Foundation/Servant Foundation, a 501c3 organization, who sells the items, retains a commission and issues a cash grant to the Society for the remainder. Part I Line 32b During FY23, the Society received a donation of residential real estate. The Society engaged legal counsel to immediately sell the donated property. Part I Line 33 Securities Current year contributions of stock which represent payments on pledges recorded as contribution in a previous year are not included in the revenue shown on Form 990, Part VIII, Line 1g. Stock gifts which represent payments of Conditional Contributions for which the conditions for revenue recogntion have not yet been met are also not included in the revenue shown on Form 990, Part VIII, Line 1g. Part I Line 33 Collection Items/Scientific Specimens A zero dollar amount was reported on Form 990, Part VIII, Line 1g because the Society does not capitalize its collection, as allowed under SFAS 116. Form 990, Part V, Section A, Line 1A The fiscal, general oversight, and policies of the Society are vested in a Board of not more than 58 Trustees. As of March 31, 2023, there were 43 voting Trustess. The elected Officers of the Board, the chairs of the standing committees and such other Trustees as may be appointed by the Chairman constitute the Executive Committee. The Executive Committee has the power to transact all regular business of the Society during the period between the regular Board meetings. Form 990, Part VI, Section A, Line 3 All restaurant, retail and catering operations are outsourced to a third party service provider. Form 990, Part VI, Section A, Line 6 The membership of the Society is composed of up to 250 Governing Members. Up to 55 of the 58 Board of Trustees are elected by the Governing Members at their annual meeting. Governing Members are also eligible for appointment by the Societys Chairman to serve on Board committees other than the Exectuive Committee. Governing Members are chosen by the Nominating Committee of the Board of Trustees and voted on by the full Board of Trustees. Form 990, Part VI, Section A, Line 7A The membership of the Society is composed of up to 250 Governing Members. Up to 55 of the 58 Board of Trustees are elected by the Governing Members at their annual meeting. Governing Members are also eligible for appointment by the Societys Chairman to serve on the Board committees other than the Executive Committee. Governing Members are chosen by the Nominating and Govenance Committee of the Board of Trustees and voted on by the full Board of Trustees. Form 990, Part VI, Section B, Line 11B The IRS Form 990 is prepared by Societys management and reviewed and signed by the Societys tax advisor. The Form 990 is also reviewed by the Audit Committee of the Board of Trustees and a copy of the entire final version of the form is also made available to the Board of Trustees prior to filing with the IRS. Form 990, Part VI, Section B, Line 12C Annually, a conflict of interest form is sent out to all members of the Board of Trustess, Key Employees and any employee with purchasing authority. The form covers potential conflicts through financial interests, use of Society services, priviledged information and representation of Society interests. It also covers specific disclosures required by the IRS Form 990 and the Illinois AG990IL. Board of Trustees responses are reviewed by the Secretary of the Board and the Chief Financial and Admin. Officer who together determine if a conflict exists. Employee responses are reviewed by the Sr. VP Human Resources and the Chief Financial and Admin. Officer. Any conflicts are addressed to ensure that all internal procedures are followed for any transactions with that individual and that all items requiring disclosure are properly noted. Any Board members with a conflict must abstain from voting on decisions involving the transaction in question. Any transactions entered into with interested parties follow the Societys established procurement policies and are provided at rates competitive with market rates. Form 990, Part VI, Section B, Line 15A and 15B The Societys policy for approval of compensation arrangements with officers and certain senior employees requires review and approval of the compensation arrangement by the Executive Committee of the Board, excluding anyone who is related to or under the control of the person involved in the arrangement. The Committee relies on appropriate comparability data which indicates the types and levels of similar compensation and benefit packages for similar positions provided by similar organizations. The Committee documents the basis for its determination of the reasonableness of compensation. This process is done annually for the President, Chief Financial and Admin Officer and the Sr. VP Development in any year where there is an increase in compensation. Form 990, Part VI, Section C, Line 19 Governing documents are available through applicable governmental agencies the conflict of interest policy and financial statements are available upon written request to the Society. Form 990, Part XI, Line 9 Other Changes in net assets or fund balances Changes in Post Retirement Benefits not yet recognized in operations -177,336 change in market value of swap agreements 202,002 rounding and other -76.