2022-08-15T15:01:39-05:00 2021-09-30 440160260 FORVIS LLP 1829 EASTCHESTER DRIVE HIGH POINT NC 27265 990 2020-10-01 566001467 WINSTON-SALEM INDUSTRIES FOR THE BLIND INC WINS 3367590551 7730 NORTH POINT DRIVE WINSTONSALEM NC 27106 DAVID HORTON PRESIDENT/CEO 3367590551 2022-08-15 1 DAVID HORTON 999009999 BRIAN L DOUD P01748393 3368895156 2022-08-15 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z IFB SOLUTIONS DAVID HORTON 7730 NORTH POINT DRIVE WINSTONSALEM NC 27106 211260776 0 X IFBSOLUTIONS.ORG X 1936 NC TO TRAIN, EMPLOY AND SERVE VISUALLY-IMPAIRED INDIVIDUALS. 20 20 957 60 0 0 1579401 8221904 0 0 174432 -12758 37254938 28087598 39008771 36296744 8648 199525 0 0 24421627 21628458 0 0 561018 14216664 13274190 38646939 35102173 361832 1194571 93066624 96621151 53541802 55837561 39524822 40783590 TO PROVIDE OPPORTUNITIES FOR PERSONS WHO ARE BLIND OR VISUALLY-IMPAIRED AND ARE IN NEED OF TRAINING, EMPLOYMENT AND SERVICES. 0 0 25573258 199525 28089311 OPERATION OF A QUALIFIED ABILITYONE AGENCY THAT PROVIDES TRAINING, EMPLOYMENT AND SERVICES FOR THE BLIND AND VISUALLY-IMPAIRED. THROUGH THESE EFFORTS, WE SELL MERCHANDISE THAT IS PRODUCED BY OUR EMPLOYEES, MOST OF WHOM ARE BLIND OR VISUALLY-IMPAIRED. WE ALSO OPERATE STORES THAT SELL PRODUCTS MADE BY THE BLIND AND VISUALLY-IMPAIRED ALONG WITH OTHER MERCHANDISE. THE RESULTS OF THESE EFFORTS ARE THE EMPLOYMENT OF 468 INDIVIDUALS WHO ARE BLIND AND THE GENERATION OF 642,362 BLIND DIRECT LABOR HOURS AND 108,401 BLIND INDIRECT LABOR HOURS. 25573258 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 1 112 0 1 957 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JASON MOSER 3362455648 7730 NORTH POINT DRIVE WINSTONSALEM NC 27106 W ROBERT NEWELL CHAIR, DIRECTOR 1.00 X X 0 0 0 BRENDA DIGGS VICE CHAIR, DIRECTOR 1.00 X X 0 0 0 KATHRYN GARNER SECRETARY, DIRECTOR 1.00 X X 0 0 0 TOM SERRIN ASST. SECRETARY, DIRECTOR 1.00 X X 0 0 0 BOB COLUCCI TREASURER, DIRECTOR 1.00 X X 0 0 0 MARK DOUGHTON ASST. TREASURER, DIRECTOR 1.00 X X 0 0 0 KAREN CAREY DIRECTOR 1.00 X 0 0 0 ERIK COBHAM DIRECTOR 1.00 X 0 0 0 WALKER DAVIDSON DIRECTOR 1.00 X 0 0 0 MIKE FAIRCLOTH DIRECTOR 1.00 X 0 0 0 JANE FERNANDES DIRECTOR 1.00 X 0 0 0 JOHN GOOGE DIRECTOR 1.00 X 0 0 0 BIANCA MARTI JOHNSON DIRECTOR 1.00 X 0 0 0 ANN JOHNSTON DIRECTOR 1.00 X 0 0 0 DAVE PLYLER DIRECTOR 1.00 X 0 0 0 ANDREW PRUETTE DIRECTOR 1.00 X 0 0 0 HEATHER ROBINSON DIRECTOR 1.00 X 0 0 0 MARY SEDGWICK DIRECTOR 1.00 X 0 0 0 PAT SMITH DIRECTOR 1.00 X 0 0 0 LEO STEPANSKY DIRECTOR 1.00 X 0 0 0 JAMES TAYLOR JR DIRECTOR 1.00 X 0 0 0 DAVID HAMPTON VP OF HUMAN RESOURCES 40.00 X 238973 0 32913 DAVID HORTON PRESIDENT / CEO 40.00 X 508292 0 25272 DANIEL KELLY EXECUTIVE VP OF STRATEGY & PROGRAMS 40.00 X 325961 0 36650 ROBERT BURGESS CHIEF FINANCIAL OFFICER 40.00 X 265496 0 34005 SILAS MARTIN CHIEF OPERATING OFFICER 40.00 X 262469 0 32618 KENNETH EDWARDS CHIEF REVENUE OFFICER 40.00 X 238539 0 35293 VASHUDA RANGAPATHY VP OF IT & E-COMMERCE 40.00 X 185537 0 33054 RANDY BUCKNER VP OF OPERATIONS SUPPORT 40.00 X 174186 0 26236 DANIEL CARSON DIRECTOR OF GOVERNMENT MARKETS 40.00 X 173789 0 6952 NICOLE DUCOUER DIRECTOR OF COMMUNICATIONS 40.00 X 160237 0 32021 JASON MOSER DIRECTOR OF FINANCIAL PLAN 40.00 X 154254 0 16967 EDWARD VEST CONTROLLER 40.00 X 142757 0 3293 2830490 0 315274 25 0 1 0 SAMTECH LLC 1211 CORPORATION PKWY RALEIGH NC 27610 PURCHASE OF MATERIALS 11121289 BETH PARTNERS LLC 104 QUINCY COURT YORKTOWN VA 23693 PURCHASE OF RESELL ITEMS (BSC) 1778784 84 LUMBER COMPANY 2600 LOWERY STREET WINSTON SALEM NC 27101 PURCHASE OF MATERIALS 1083419 SCHUYLER LINE NAVIGATION COMPANY LLC 130 SEVERN AVENUE 201 ANNAPOLIS MD 21403 FREIGHT SERVICES 353575 MICHAEL SMITH 7730 NORTH POINT DRIVE WINSTONSALEM NC 27106 CAFE / MEAL SERVICES 311377 15 135322 7090432 996150 8775 8221904 11486 11486 2002802 144427 2003965 167508 -1163 -23081 -24244 -24244 21000 135322 61289 -40289 -40289 200820581 172731270 28089311 28089311 MISCELLANEOUS INCOME 900099 38576 38576 38576 36296744 28089311 0 -14471 199525 199525 2830492 1726600 1047282 56610 8059053 4956234 2903041 199778 780536 663456 109275 7805 8355783 7104237 1179839 71707 1602594 1200733 384153 17708 445215 445215 276421 276421 371479 371479 6980 6980 2679758 1114559 1561571 3628 491545 342188 52864 96493 969043 794183 160043 14817 565311 565311 251213 179436 65671 6106 42286 42286 3992235 3904369 87344 522 2325820 2159131 166689 856884 621010 150030 85844 35102173 25573258 8967897 561018 15336843 1845189 65537 117120 26854207 30726692 25781887 30790305 465527 455708 35827209 13086642 20239681 22740567 3449274 4322942 6496296 93066624 96621151 43690584 46564591 227712 178603 762809 7173155 8860697 1921212 53541802 55837561 X 38538080 39728837 986742 1054753 39524822 40783590 93066624 96621151 X 1194571 69599 -5402 X X 0 1 X 1 0 X 880224 892166 734713 1579401 8221904 12308408 120708806 152916259 225298522 215826289 200820581 915570457 121589030 153808425 226033235 217405690 209042485 927878865 1140 68538 47761 19430 138388 275257 59922706 81660818 153852301 138960353 131666380 566062558 59923846 81729356 153900062 138979783 131804768 566337815 361541050 403739 294807 42514 8662 11486 761208 15417 15417 403739 310224 42514 8662 11486 776625 341383 178431 359085 770329 38576 1687804 122334152 154297080 226434834 218184681 209092547 930343294 0.38860 0.41940 0.00080 0.00130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 371479 0 0 371479 0 PART II-B, LINE 1: DIRECT CONTACT: FEES WERE PAID TO FAEGRE DRINKER BIDDLE & REATH LLP TO ASSIST IFB SOLUTIONS' EFFORTS TO EDUCATE CONGRESS ON THE IMPORTANCE OF PROTECTING THE JOBS OF PEOPLE WHO ARE BLIND AND WORKING ON ABILITYONE CONTRACTS. THIS REMAINS A CRITICALLY IMPORTANT EFFORT TO PROTECT THE ABILITYONE PROGRAM'S AUTHORIZING LEGISLATION ON WHICH 85% OF IFB SOLUTIONS' MISSION-RELATED REVENUE IS DEPENDENT TO DRIVE LONG-TERM SUSTAINABLE EMPLOYMENT FOR PEOPLE WHO ARE BLIND. FEES WERE PAID TO LCI TO WORK WITH THE NORTH CAROLINA STATE LEGISLATURE AND EXECUTIVE BRANCH TO STRENGTHEN AND PROTECT THE NORTH CAROLINA STATE USE LEGISLATION TO ENHANCE THE CREATION OF JOB OPPORTUNITIES FOR PEOPLE WHO ARE BLIND THROUGH STATE GOVERNMENT PROCUREMENTS. 383966 83819 4178 463607 380600 14635 7570 3699 383966 360237 14050 9889 3576 380600 318652 21000 23899 3314 360237 340730 31291 50000 3369 318652 1.00000 1 0 1722070 1722070 17968338 8115921 9852417 15220339 4822618 10397721 916462 148103 768359 22740567 OTHER RECEIVABLES 2491627 ENDOWED ASSETS 463607 RESERVE FUND INVESTMENTS 3047943 BENEFICIAL INTEREST 493119 6496296 DEFERRED COMPENSATION 706056 TRANSITION SERVICES OBLIGATIONS 318940 DEFERRED GAIN ON SALE-LEASEBACK 611216 EARNOUT PROVISION 285000 1921212 X PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO PROVIDE A PERMANENT FUND WHICH MAY BE USED TO SUPPORT THE ONGOING NEEDS OF IFB. PART X, LINE 2: WINSTON-SALEM INDUSTRIES FOR THE BLIND, INC. (IFB) IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; HOWEVER, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO REFLECT A PROVISION AND LIABILITY FOR FEDERAL UNRELATED BUSINESS INCOME TAX FOR IFB'S PROVISION OF QUALIFIED PARKING BENEFITS TO ITS EMPLOYEES. IN ADDITION, IFB QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF SEPTEMBER 30, 2021. GOLF TOURNAMENT 156322 135322 21000 0 205 17520 43564 156322 135322 21000 205 17520 43564 61289 -40289 1 SCHOLARSHIP 4 5000 TUITION REIMBURSEMENT 1 358 PEOPLE FIRST FUND 164 194167 PART I, LINE 2: IFB OFFERS TWO SCHOLARSHIPS, ONE OF WHICH IS AVAILABLE ONLY TO ELIGIBLE SIGHTED, BLIND AND VISUALLY-IMPAIRED EMPLOYEES WHO ARE FULL-TIME AND HAVE ONE YEAR OF SERVICE AND THE OTHER SCHOLARSHIP IS AVAILABLE ONLY TO ELIGIBLE BLIND AND VISUALLY-IMPAIRED EMPLOYEES AND THEIR DEPENDENTS. TO BE ELIGIBLE FOR THESE SCHOLARSHIPS A CANDIDATE MUST BE ACCEPTED TO, OR CURRENTLY ATTENDING, A POST-SECONDARY EDUCATIONAL INSTITUTION. EACH CANDIDATE MUST SUBMIT A SCHOLARSHIP APPLICATION, EVIDENCE OF ACCEPTANCE OR ATTENDANCE, AND THE BILL FOR TUITION FROM THEIR RESPECTIVE SCHOOLS. SCHOLARSHIP RECIPIENTS ARE CHOSEN FROM THE POOL OF CANDIDATES BY A COMMITTEE CONSISTING OF HUMAN RESOURCES AND EXECUTIVE MANAGEMENT. THE AMOUNTS OF INDIVIDUAL SCHOLARSHIP AWARDS ARE DETERMINED BASED ON THE INDIVIDUAL'S COST OF TUITION AND THE NUMBER OF CANDIDATES APPLYING FOR EACH SCHOLARSHIP. ALSO PROVIDED IS TUITION REIMBURSEMENT FOR SIGHTED, BLIND AND VISUALLY-IMPAIRED EMPLOYEES. EMPLOYEES WISHING TO RECEIVE REIMBURSEMENT MUST COMPLETE A REQUEST FORM DETAILING THE COURSES THEY WISH TO TAKE AND HOW THOSE COURSES CONTRIBUTE TO THEIR CURRENT POSITION WITHIN THE COMPANY. THESE FORMS ARE REVIEWED AND APPROVED BY THE IMMEDIATE SUPERVISOR AND THE HUMAN RESOURCES MANAGERS. UPON COMPLETION OF THE COURSE(S), THE EMPLOYEE SUBMITS A GRADE REPORT, AND AS LONG AS A GRADE OF C OR BETTER IS RECEIVED THE EMPLOYEE IS REIMBURSED FOR THE COST OF TUITION. PART III, COLUMN (A) THE PEOPLE FIRST FUND PROVIDED CASH PAYMENTS TO WINSTON-SALEM INDUSTRIES FOR THE BLIND EMPLOYEES DUE TO REDUCED WORKING HOURS RELATED TO THE COVID-19 PANDEMIC. X X 1 1 X X X X X 1 1 0 0 0 1 0 0 0 DAVID HAMPTON VP OF HUMAN RESOURCES 178285 0 55370 0 5318 0 9925 0 22988 0 271886 0 15922 0 DAVID HORTON PRESIDENT / CEO 356716 0 143157 0 8419 0 11400 0 13872 0 533564 0 0 0 DANIEL KELLY EXECUTIVE VP OF STRATEGY & PROGRAMS 233822 0 78256 0 13883 0 11400 0 25250 0 362611 0 17174 0 ROBERT BURGESS CHIEF FINANCIAL OFFICER 204999 0 57383 0 3114 0 11017 0 22988 0 299501 0 0 0 SILAS MARTIN CHIEF OPERATING OFFICER 199473 0 62251 0 745 0 10770 0 21848 0 295087 0 16268 0 KENNETH EDWARDS CHIEF REVENUE OFFICER 178222 0 58434 0 1883 0 10043 0 25250 0 273832 0 15669 0 VASHUDA RANGAPATHY VP OF IT & E-COMMERCE 145053 0 40139 0 345 0 7804 0 25250 0 218591 0 5609 0 RANDY BUCKNER VP OF OPERATIONS SUPPORT 132925 0 39758 0 1503 0 7245 0 18991 0 200422 0 0 0 DANIEL CARSON DIRECTOR OF GOVERNMENT MARKETS 142372 0 30123 0 1294 0 6952 0 0 0 180741 0 9553 0 NICOLE DUCOUER DIRECTOR OF COMMUNICATIONS 131719 0 28189 0 329 0 6771 0 25250 0 192258 0 0 0 JASON MOSER DIRECTOR OF FINANCIAL PLAN 127941 0 26197 0 116 0 6213 0 10754 0 171221 0 0 0 PART I, LINE 1A QUESTION 1A: IFB PROVIDES A DRIVER FOR DANIEL KELLY, EXECUTIVE VP OF STRATEGY AND PROGRAMS, WHO IS BLIND. IFB DOES, FROM TIME TO TIME, GROSS UP CERTAIN PAYMENTS MADE TO OFFICERS AND KEY EMPLOYEES. PART I, LINES 4A-B QUESTION 4A: JAMES JONES, FORMER DIRECTOR OF COMPLIANCE, RECEIVED A SEVERANCE PAYMENT OF $69,889.44. QUESTION 4B: IFB SPONSORS A 457(F) DEFERRED COMPENSATION RETIREMENT PLAN IN WHICH THE FOLLOWING EMPLOYEES PARTICIPATE. AMOUNTS SHOWN REPRESENT PAYMENTS MADE FROM THE PLAN DURING 2020. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II), AS APPLICABLE. THE AMOUNTS CONTAIN COMPENSATION REPORTED AS DEFERRED ON PRIOR FORMS 990 AND INCLUDED IN SCHEDULE J, PART II, COLUMN (F). DAVID HORTON ($138,634) DAVID HAMPTON ($52,822) / ($15,922) COMPENSATION REPORTED AS DEFERRED ON PRIOR FORM 990 DANIEL KELLY ($75,146) / ($17,174) COMPENSATION REPORTED AS DEFERRED ON PRIOR FORM 990 KENNETH EDWARDS ($55,969) / ($15,669) COMPENSATION REPORTED AS DEFERRED ON PRIOR FORM 990 ROBERT BURGESS ($54,600) SILAS MARTIN ($59,601) / ($16,268) COMPENSATION REPORTED AS DEFERRED ON PRIOR FORM 990 DANIEL CARSON ($27,987) / ($9,553) COMPENSATION REPORTED AS DEFERRED ON PRIOR FORM 990 RANDY BUCKNER ($37,700) VASUDHA RANGAPATHY ($38,109) / ($5,609) COMPENSATION REPORTED AS DEFERRED ON PRIOR FORM 990 PART I, LINE 6 IFB MAINTAINS THE GAINSHARE INCENTIVE PROGRAM FOR THE BENEFIT OF ALL EMPLOYEES NOT PARTICIPATING IN THE 457(F) DEFERRED COMPENSATION RETIREMENT PLAN. THIS INCENTIVE PROGRAM IS BASED ON THE ATTAINMENT OF OPERATING RESULTS FOR FINANCIAL AND MISSION METRICS/PERFORMANCE TARGETS THAT EXCEED THOSE TARGETS ESTABLISHED BY THE ORGANIZATION'S BOARD OF DIRECTORS. LOUIS GOTTLIEB FORMER DIRECTOR PURCHASE COLISEUM BUILDING X 350000 178603 0 1 1 178603 ERIK COBHAM DIRECTOR 1285780 SEE PART V. 0 SCHEDULE L, PART IV, COLUMN (D) SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:(A) NAME OF INTERESTED PERSON: ERIK COBHAM(D) DESCRIPTION OF TRANSACTION: VENDOR PAYMENTS TO EMPLOYER OF INTERESTED PERSON. FORM 990, PART VI, SECTION A, LINE 1 ALL MEMBERS OF THE BOARD OF DIRECTORS, EXCEPT THOSE WHO ARE CONSIDERED TO BE EX-OFFICIO (NON-VOTING) MEMBERS AS PRESCRIBED BY THE ORGANIZATION'S BYLAWS, HAVE FULL AND EQUAL VOTING RIGHTS WITH RESPECT TO ALL MATTERS THAT COME FOR THE CONSIDERATION OF THE BOARD OF DIRECTORS. IF THE TERM OF OFFICE AS A DIRECTOR HAS ENDED, THE IMMEDIATE PAST CHAIR OF THE BOARD BECOMES AN EX-OFFICIO BOARD MEMBER FOR A TERM OF ONE YEAR ONCE THAT INDIVIDUAL'S TERM AS CHAIR OF THE BOARD ENDS, AND DURING THAT TIME PERIOD, HAS NO VOTING RIGHTS RELATING TO MATTERS BEFORE THE BOARD. THE BOARD-APPOINTED EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL OF THE AUTHORITY AND POWERS OF THE FULL BOARD OF DIRECTORS IN THE MANAGEMENT OF THE ORGANIZATION DURING INTERVALS BETWEEN REGULARLY-SCHEDULED BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B AFTER REVIEW BY FINANCIAL MANAGEMENT PERSONNEL AT IFB, THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD, THE GOVERNANCE BODY CHARGED WITH APPROVAL OF THE FILING OF THE RETURN, IN ADVANCE OF A SCHEDULED MEETING OF THE AUDIT COMMITTEE FOR THE PURPOSE OF CONDUCTING A DETAILED REVIEW OF THE FORM 990. THE VICE PRESIDENT OF FINANCE AND A REPRESENTATIVE FROM IFB'S TAX RETURN PREPARER MEET WITH THE AUDIT COMMITTEE FOR AN IN-DEPTH REVIEW OF THE FORM 990. FROM THIS MEETING, THE AUDIT COMMITTEE APPROVES THE RETURN FOR FILING AS PREPARED, OR WITH AGREED-UPON CHANGES. A COPY OF THE FORM 990, AS APPROVED BY THE AUDIT COMMITTEE, IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO TIMELY FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS DISTRIBUTES A CONFLICTS OF INTEREST DISCLOSURE STATEMENT TO ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. THE COMMITTEE, ALONG WITH COMPLIANCE PERSONNEL, EXAMINE THE COMPLETED STATEMENTS AND PROMPTLY INVESTIGATE AND RESOLVE ANY REAL OR PERCEIVED CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL COMPENSATION OF THE PRESIDENT/CEO IS SET BY THE BOARD OF DIRECTORS. THE BOARD CONDUCTS ANNUAL PERFORMANCE EVALUATIONS OF THE PRESIDENT/CEO, AND ALONG WITH THE RESULTS OF THE EVALUATIONS, THE BOARD USES PERIODIC COMPENSATION SURVEYS CONDUCTED BY OUTSIDE CONSULTANTS AND CONSULTS COMPARATIVE COMPENSATION DATA RELATED TO THE COMPENSATION PACKAGES OF TOP EXECUTIVES AT ORGANIZATIONS OF SIMILAR SIZE AND MISSION, INCLUDING EXAMINATION OF THE ORGANIZATIONS' FORMS 990, IN ORDER TO DETERMINE THE COMPENSATION OF THE PRESIDENT/CEO ON A YEARLY BASIS. FOR OTHER OFFICERS AND KEY EMPLOYEES, ANNUAL COMPENSATION IS SET BY THE PRESIDENT/CEO. THE PRESIDENT/CEO CONDUCTS AN ANNUAL PERFORMANCE EVALUATION FOR EACH OFFICER AND KEY EMPLOYEE, AND ALONG WITH THE RESULTS OF THE EVALUATION, THE PRESIDENT/CEO CONSULTS COMPARATIVE COMPENSATION DATA RELATED TO OFFICERS AND KEY EMPLOYEES AT ORGANIZATIONS OF SIMILAR SIZE AND MISSION, INCLUDING EXAMINATION OF THE ORGANIZATIONS' FORMS 990, IN ORDER TO DETERMINE EACH OFFICER'S AND KEY EMPLOYEE'S COMPENSATION ON A YEARLY BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MAINTAINED BY THE EXECUTIVE ASSISTANT TO THE PRESIDENT/CEO. THIS EMPLOYEE MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE MAINTAINED BY THE VICE PRESIDENT OF FINANCE. THE VICE PRESIDENT OF FINANCE MAKES THESE STATEMENTS, AS DISCLOSED IN THE FORM 990, AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS MAINTAINED BY THE CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE CHAIR MAKES THIS POLICY AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT TO AUDITED FINANCIAL STATEMENTS -5,402. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR. IFB SOLUTIONS FOUNDATION INC 7730 NORTH POINT DRIVE WINSTONSALEM NC 27106 263376328 SUPPORTING WINSTON-SALEM INDUSTRIES FOR THE BLIND, INC. NC 501(C)(3) 509(A)(3), TYPE I N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 IFB SOLUTIONS FOUNDATION INC O 40000 FAIR VALUE OF SERVICES RENDERED IFB SOLUTIONS FOUNDATION INC N 20000 FMV