2022-05-31T12:37:42-05:00 2021-10-31 951777440 GREEN HASSON & JANKS LLP 700 SOUTH FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2020-11-01 954022185 KEIRO SERVICES KEIR 2138735700 420 EAST THIRD STREET NO 1000 LOS ANGELES CA 90013 GENE S KANAMORI PRESIDENT & CEO 2138735700 2022-05-24 1 GENE KANAMORI 999009999 LIZBETH G NEVAREZ P01399868 3108731600 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z KEIRO SENIOR HEALTHCARE GENE S KANAMORI 420 EAST THIRD STREET NO 1000 LOS ANGELES CA 90013 35462183 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) 13 12 19 74 0 0 743019 1267055 0 0 303127 349626 0 0 1046146 1616681 238460 247490 0 0 1425653 1407996 0 0 249780 2286014 2273947 3950127 3929433 -2903981 -2312752 85934408 106697005 377114 241679 85557294 106455326 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 2304287 247490 1) CONDUCTED AND ORGANIZED WELLNESS PROGRAMS, HEALTH SCREENINGS, AND HEALTH EDUCATION FOR A TOTAL OF OVER 3,000 HOURS OF CLASSES, SERVING 3,091 INDIVIDUALS VIRTUALLY. PROGRAM TOPICS INCLUDED SENIOR SAFETY TIPS, MINDFULNESS FOR SENIORS, ALZHEIMER'S EDUCATION, INFORMATION RELATED TO SENIOR SCAMS, TECHNOLOGY SUPPORT, LIFESTYLE CHANGES DURING COVID-19, COMMUNITY CRAFT ACTIVITIES, AND OTHER SUBJECTS RELATED TO AGING.2) AWARDED $247,490 IN GRANTS TO 32 NONPROFIT ORGANIZATIONS IN SUPPORT OF COMBATTING SOCIAL ISOLATION AMONG JAPANESE AMERICAN AND JAPANESE OLDER ADULTS, AND CAREGIVERS IN SOUTHERN CALIFORNIA AMIDST THE COVID-19 PANDEMIC. SUPPORTED PROGRAMS INCLUDING OUTREACH TO ISOLATED OLDER ADULTS, CAPACITY BUILDING, AND TECHNOLOGY SUPPORT TO SAFELY MAINTAIN 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 INSTUCTORS, INCLUDING EXERCISE, ARTS & CRAFTS AND MENTAL FITNESS. ALSO PROVIDED TRADITIONAL JAPANESE SNACKS AND BEAUTICIAN SERVICES FOR RESIDENTS. 4) PROVIDED AN INTERNSHIP FOR A GRADUATE STUDENT PURSUING A MASTER'S IN PUBLIC HEALTH. THE INTERN CONDUCTED RESEARCH ON THE IMPACT OF THE ARTS AND ART THERAPY ON THE HEALTH AND WELLBEING OF OLDER ADULTS, PROVIDED COMMUNITY EDUCATION ON TOPICS SUCH AS SUN SAFETY, HYDRATION, AND IMPROVING QUALITY OF LIFE THROUGH ART. 5) PROVIDED CASE MANAGEMENT/REFERRAL SERVICES TO 16 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 OF 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, DEVELOPED CAREGIVER SUPPORT GROUP FACILITATOR TRAINING, AND PROVIDED 1,920 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 CONDITIONS SUCH AS CLINICAL DEPRESSSION, SCHIZOPHRENIA AND BIPOLAR DISORDER. 8) PARTNERED WITH LITTLE TOKYO SERVICE CENTER AND LITTLE TOKYO COMMUNITY COUNCIL FOR THE SECOND YEAR OF THE LITTLE TOKYO EATS PROGRAM, PROVIDING OVER 10,000 HOT MEALS TO OLDER ADULTS AT THEIR HOMES IN LITTLE TOKYO. THE PROGRAM ALLOWED VULNERABLE OLDER ADULTS TO REMAIN AT HOME RATHER THAN VENTURE OUT AND RISK EXPOSURE TO COVID-19. THE PROGRAM ALSO SUPPORTED LOCAL RESTAURANTS THAT WERE STRUGGLING WITH ECONOMIC HARDSHIPS DUE TO THE PANDEMIC. 9) VIRTUALLY HOSTED THE FOURTH ANNUAL KEIRO NO HI FESTIVAL, AN ESTABLISHED HOLIDAY TO CELEBRATE OLDER ADULTS, WHICH WAS ATTENDED BY OVER 200 HOUSEHOLDS AND HAD OVER 1,600 VIDEO VIEWS. THIS FESTIVAL PROVIDED VIRTUAL EXPERIENCES INCLUDING 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 HIGHLIGHTED MEMBERS OF THE COMMUNITY.10) HOSTED A VIRTUAL CAREGIVER CONFERENCE TO PROVIDE CAREGIVING RESOURCES TO OVER 250 FAMILY CAREGIVERS. RESOURCES INCLUDED A KEYNOTE DISCUSSION ON CAREGIVING DURING THE PANDEMIC AND BREAKOUT SESSIONS INCLUDING A PANEL OF CAREGIVERS DISCUSSING THEIR PERSONAL EXPERIENCES, AND HOW THAT AFFECTS THEIR VIEW OF THEIR FUTURE CARE. THE PROGRAM ALSO INCLUDED CULINARY TIPS FOR CAREGIVERS FOCUSING ON DIETARY AND NUTRITIONAL CONSIDERATIONS.11) HOSTED THE FIRST ANNUAL ALZHEIMER'S CONFERENCE IN PARTNERTSHIP WITH ALZHEIMER'S LOS ANGELES. OFFERED THE PROGRAM BILINGUALLY WITH IN-LANGUAGE INTERPRETATION FOR A JAPANESE-SPEAKING AUDIENCE. SERVED 294 INDIVIDUALS AND FAMILY CAREGIVERS, AND PRESENTED ON TOPICS INCLUDING AN OVERVIEW OF ALZHEIMER'S AND RELATED DISORDERS, AN UPDATE ON ALZHEIMER'S DISEASE RESEARCH, AND HOPEFUL SIGNS FOR THE FUTURE, INCLUDING AVAILABLE RESOURCES. FEATURED VARIOUS RESOURCE FAIR PARTNERS SHOWCASING VALUABLE RESOURCES FOR THE COMMUNITY TO ACCESS RELATED TO ALZHEIMER'S DISEASE AND DEMENTIA.12) DIRECTLY WORKED WITH 74 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 EDUCATIONAL, ENGAGING PROGRAMS. 2304287 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 19 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X GENE S KANAMORI 2138735700 420 EAST THIRD STREET NO 1000 LOS ANGELES CA 90013 GENE S KANAMORI PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 0.00 X X 162868 0 20645 BRADLEY K FUJIKUNI DIR. OF FINANCE & ADMINISTRATION 40.00 0.00 X 123744 0 20479 BRANDON LEONG DIR. DEVELOPMENT & COMMUNICATIONS 40.00 0.00 X 114456 0 4785 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 MICHELLE HIRANO 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 401068 0 45909 3 0 1 0 ANGELES INVESTMENT ADVISORS 429 SANTA MONICA BLVD STE 650 SANTA MONICA CA 90401 INVESTMENT MANAGEMENT 211044 1 419977 847078 1267055 169296 169296 34025832 33845502 180330 180330 180330 1616681 0 0 349626 247490 247490 373894 166518 155524 51852 818872 376280 326917 115675 26479 8899 14435 3145 104773 35211 57119 12443 83978 39131 32817 12030 152328 152328 49505 49505 211045 211045 218184 107797 110387 7504 7504 40231 22025 17786 420 58118 58118 191027 127988 63039 8676 2999 4724 953 12998 1794 11098 106 33015 33015 34667 34667 STRATEGIC PARTNERSHIPS 843454 843454 0 0 COMMUNITY DEVELOPMENT 206487 206487 0 0 DONOR DEVELOPMENT 57217 28940 11750 16527 EQUIPMENT 23144 14525 8619 0 126347 9127 80591 36629 3929433 2304287 1375366 249780 1271396 240421 848194 1518493 0 0 49632 64829 664647 506294 191368 158353 7696259 18577582 71845962 81874396 4031597 4262931 85934408 106697005 201879 241679 175235 0 377114 241679 X 60275952 74988189 25281342 31467137 85557294 106455326 85934408 106697005 X -2312752 22903873 306911 X 0 1 X 1 0 X 102542 44599606 531386 743019 1267055 47243608 102542 44599606 531386 743019 1267055 47243608 20100 41500 51750 113350 0 20100 41500 51750 113350 47130258 1291641 1924647 351051 128368 169296 3865003 1291641 1924647 351051 128368 169296 3865003 -30770 -30770 1394183 46493483 882437 871387 1436351 51077841 0.92270 0.89770 0.07570 0.08500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18652811 5184178 23836989 17006112 1646699 18652811 15538575 1467537 17006112 15697252 -158677 15538575 13654162 2043090 15697252 0.00000 0.44618 0.55382 0 0 23225 23225 236382 236382 0 339540 269912 69628 65500 65500 158353 ALTERNATIVE INVESTMENTS 81874396 F 81874396 X 24573611 22903873 264102 23167975 1405636 211045 211045 1616681 3675579 0 3675579 211045 42809 253854 3929433 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, 2021, 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: DISCONTINUED OPERATIONS OTHER EXPENSES -42,809. CHANGE IN VALUE OF CHARITABLE REMAINDER UNITRUST AGREEMENTS 306,750. CHANGE IN VALUE OF NON-CASH ASSETS 161. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISCONTINUED OPERATIONS OTHER EXPENSES 42,809. 1 FAITH UNITED METHODIST CHURCH 1226 DATE AVE TORRANCE CA 90504 953370366 CHURCH 15000 TO SUPPORT FAITH UMC'S MEAL OUTREACH PROGRAM IN 2021 LONG BEACH JAPANESE CULTURAL CENTER 1480 E MARSHALL PL LONG BEACH CA 90807 953416426 501(C)(3) 15000 TO SUPPORT LBJCC'S SENIOR LUNCH PROGRAM IN 2021 ORANGE COUNTY BUDDHIST CHURCH 909 S DALE AVE ANAHEIM CA 92804 941498382 CHURCH 15000 TO SUPPORT OCBC'S TWICE MONTHLY MEAL PROGRAM FOR HOMEBOUND OLDER ADULTS IN 2021 OXNARD BUDDHIST TEMPLE 250 SOUTH H ST OXNARD CA 93030 941498382 TEMPLE 13250 TO SUPPORT OBT'S RESTROOM RENOVATION AND PROVIDE SENIOR PROGRAM SUPPORT IN 2021 VENICE HONGWANJI BUDDHIST TEMPLE 12371 BRADDOCK DR CULVER CITY CA 90230 371493889 TEMPLE 13000 TO SUPPORT SENIOR WELLNESS PROGRAMS AND TECHNOLOGY SUPPORT IN 2021 GARDENA VALLEY JAPANESE CULTURAL INSTITUTE 1964 W 162ND ST GARDENA CA 90247 956197597 501(C)(3) 12812 TO SUPPORT GVJCI'S FOOD DISTRIBUTION PROGRAM FOR SENIORS IN 2021 EAST SAN GABRIEL VALLEY JAPANESE COMMUNITY CENTER 1203 W PUENTE AVE WEST COVINA CA 91790 956100417 501(C)(3) 12500 TO SUPPORT ESGVJCC'S SENIOR WELLNESS PROGRAM IN 2021 CERRITOS BAPTIST CHURCH 11947 DEL AMO BL CERRITOS CA 90703 330052827 CHURCH 12255 TO SUPPORT CBC'S OUTREACH PROGRAMS, PORCH VISITS, AND TECHNOLOGY ACCESS IN 2021 LONG BEACH BUDDHIST CHURCH 2360 SANTA FE AVE LONG BEACH CA 90810 300644424 CHURCH 11869 TO SUPPORT LBBC'S COMMUNITY OUTREACH PROGRAM IN 2021 WEST LOS ANGELES BUDDHIST TEMPLE 2003 CORINTH AVE LOS ANGELES CA 90025 956062781 TEMPLE 11175 TO SUPPORT A MEAL AND SOCIALIZATION PROGRAM FOR WLABT IN 2021 MISSION VALLEY FREE METHODIST CHURCH 1201 S SAN GABRIEL BLVD SAN GABRIEL CA 91776 350877568 CHURCH 11110 TO SUPPORT MONTHLY LUNCH PROGRAMS FOR OLDER ADULTS IN 2021 LITTLE TOKYO NUTRITION SERVICES 244 S SAN PEDRO ST SUITE 408 LOS ANGELES CA 90012 760794434 501(C)(3) 11000 TO SUPPORT LTNS'S REQUEST FOR PPE, STAFF SUPPORT, AND EQUIPMENT FOR 2021 ORANGE COUNTY JAPANESE AMERICAN ASSOCIATION 17332 IRVINE BLVD STE 160 TUSTIN CA 92780 330271323 501(C)(3) 10996 TO SUPPORT OCJAA'S PROGRAMS AND STAFFING SUPPORT TO KEEP SENIOR MEMBERS CONNECTED IN 2021 VENICE JAPANESE COMMUNITY CENTER 12448 BRADDOCK DR CULVER CITY CA 90066 956220754 501(C)(3) 10465 TO SUPPORT VJCC'S STAFFING NEEDS TO KEEP OLDER ADULTS ENGAGED IN 2021 GO FOR BROKE NATIONAL EDUCATION CENTER 355 E FIRST ST STE 200 LOS ANGELES CA 90012 954245623 501(C)(3) 8100 TO SUPPORT GFBNEC'S VIRTUAL MEAL PROGRAM IN 2021 VISUAL COMMUNICATIONS 120 JUDGE JOHN AISO ST LOS ANGELES CA 90012 237108393 501(C)(3) 8000 TO SUPPORT VC'S DIGITAL HISTORIES PROGRAMS KEEPING OLDER ADULTS CONNECTED IN 2021 ZENSHUJI SOTO MISSION 123 S HEWITT ST LOS ANGELES CA 90012 951782838 TEMPLE 6490 TO SUPPORT ZENSHUJI'S VIRTUAL AEROBICS PROGRAM TO KEEP OLDER ADULTS ENGAGED IN 2021 PASADENA NIKKEI SENIORS 595 N LINCOLN AVE PASADENA CA 91103 954524711 501(C)(3) 6100 TO SUPPORT PNS'S MEAL PROGRAM IN 2021 LOS ANGELES HOLINESS CHURCH 3660 S GRAMERCY PL LOS ANGELES CA 90018 952148849 CHURCH 5760 TO SUPPORT LAHC'S CAREGIVER AND OLDER ADULT MEAL PROGRAM IN 2021 MUTUAL MINISTRIES REDONDO BEACH CHRIST CHURCH & ST ANDREWS 408 S BROADWAY REDONDO BEACH CA 90277 953594486 CHURCH 5750 TO SUPPORT JAPANESE LANGUAGE SUPPORT SOFTWARE AND STAFF IN 2021 20 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 0 0 GENE S KANAMORI PRESIDENT & CHIEF EXECUTIVE OFFICER 156868 0 0 0 6000 0 4115 0 16530 0 183513 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 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 DATA 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 306,750. CHANGE IN VALUE OF NON-CASH ASSETS 161.