2022-05-11T14:29:37-05:00 2021-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2020-07-01 232935278 THE CHILDREN'S INSTITUTE OF PITTSBURGH CHIL 4124202400 1405 SHADY AVENUE PITTSBURGH PA 152171360 WENDY PARDEE PHD CHIEF EXECUTIVE OFFICER 4124202400 2022-05-10 1 WENDY PARDEE PHD 999009999 SUSAN M KIRSCH P00341397 4122613644 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WENDY PARDEE PHD 1405 SHADY AVENUE PITTSBURGH PA 152171360 84001497 0 X WWW.AMAZINGKIDS.ORG X 1998 PA TO HEAL. TO TEACH. TO EMPOWER. TO AMAZE. 23 22 470 22 -315517 0 3688572 3713408 24348989 23512643 10352015 9193375 0 0 38389576 36419426 0 90749 0 0 23337632 19765275 0 0 678560 10630782 10158101 33968414 30014125 4421162 6405301 161136560 194158878 55057501 38237054 106079059 155921824 X TO HEAL. TO TEACH. TO EMPOWER. TO AMAZE. WE SEEK TO BE THE LIFELONG PARTNER TO INDIVIDUALS WITH A DISABILITY AND THEIR FAMILIES. WE WILL POSITION OUR SERVICES TO REACH MORE INDIVIDUALS WITH AN ARRAY OF EXCEPTIONAL SERVICES THAT CROSS THE LIFESPAN, ADVANCE THE MODELS OF CARE, AND ESTABLISH OUR ORGANIZATIONAL AS AN INFLUENTIAL VOICE REGARDING THE SUBJECTS OF DISABILITY, EDUCATION, FAMILY SUPPORT SERVICES AND BEHAVIORAL HEALTH. 1 0 11864936 90749 14326097 THE DAY SCHOOL - THE CHILDREN'S INSTITUTE HAS LONG BEEN REGARDED AS A LEADER IN THE EDUCATION OF CHILDREN WITH DISABILITIES AND IS LICENSED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION AS AN APPROVED PRIVATE SCHOOL THAT SERVES STUDENTS AGES FIVE TO 21 WHO ARE CHALLENGED BY COMPLEX MEDICAL DISABILITIES, INCLUDING AUTISM SPECTRUM DISORDERS. THE CHILDREN'S INSTITUTE'S DAY SCHOOL IS ONE OF ONLY 24 SCHOOLS IN THE COUNTRY RECOGNIZED BY THE NATIONAL COMMISSION FOR ACCREDITATION OF SPECIAL EDUCATION SERVICES. IN FISCAL YEAR 2021, 196 CHILDREN FROM MORE THAN 60 SCHOOL DISTRICTS IN EIGHT COUNTIES IN WESTERN PENNSYLVANIA WERE ENROLLED IN THE DAY SCHOOL. ADDITIONALLY, THE CHILDREN'S INSTITUTE HAS BEEN GROWING ITS EDUCATIONAL SERVICES THROUGH OUR LICENSED PRIVATE ACADEMIC SCHOOL IN THE AREAS OF AUTISM SUPPORT CLASSROOMS AND IN-HOME SERVICES. 6377488 4795998 OUTPATIENT - THE CHILDREN'S INSTITUTE IS COMMITTED TO PROVIDING HIGH QUALITY, EFFECTIVE PHYSICAL AND BEHAVIORAL HEALTH THERAPY SERVICES FOR CHILDREN AND YOUNG ADULTS IN OUR COMMUNITY. WITH THREE CONVENIENT LOCATIONS SQUIRREL HILL, BRIDGEVILLE, AND IRWIN QUALITY CARE IS CLOSE TO HOME FOR OUR PATIENTS AND THEIR FAMILIES. OUR PROFESSIONAL TEAM PROVIDES AN ARRAY OF OUTPATIENT SERVICES INCLUDING NUTRITION SUPPORT, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, SPEECH/ LANGUAGE THERAPY, AND BEHAVIORAL HEALTH SERVICES. WE CONTINUALLY ADVANCE OUR TREATMENT METHODS BY USING NEW TECHNIQUES, AS WELL AS NEW TECHNOLOGY, TO PRODUCE BETTER THERAPEUTIC INTERVENTIONS FOR CHILDREN. IN FISCAL YEAR 2021, THE CHILDREN'S INSTITUTE STARTED A NEW APPLIED BEHAVIOR ANALYSIS (ABA) PROGRAM THAT PROVIDES COMPREHENSIVE AND HOLISTIC SERVICES FOR CHILDREN AND YOUNG ADULTS WITH AUTISM BETWEEN THE AGES OF 18 MONTHS AND 21 YEARS OLD. OUR ABA SERVICES ARE FOCUSED ON IMPROVING LIVES BY EMPOWERING BOTH THE CHILD AND FAMILY THROUGH STRATEGIC INTERVENTIONS AIMED AT INCREASING COMMUNICATION AND SOCIAL SKILLS AND DECREASING PROBLEMATIC BEHAVIORS THAT INTERFERE WITH LEARNING, SOCIAL INTERACTIONS, AND OVERALL QUALITY OF LIFE. 4401842 4390548 FAMILY SUPPORT SERVICES - THE CHILDREN'S INSTITUTE IS ALSO LICENSED BY THE PENNSYLVANIA DEPARTMENT OF PUBLIC WELFARE AS AN ADOPTION AND PRIVATE CHILDREN AND YOUTH SOCIAL SERVICE AGENCY. WITH OFFICES IN PITTSBURGH, GREENSBURG, WASHINGTON AND MONACA, THE FAMILY SUPPORT SERVICES TEAM WORKS TO HELP CHILDREN LIVE IN SAFE, NURTURING "FOREVER" FAMILIES. IN FISCAL YEAR 2021, 3,208 CLIENTS WERE SERVED THROUGH INTENSIVE FAMILY SUPPORT, FAMILY VISITATION AND REUNIFICATION, FAMILY RECRUITMENT, CHILD PLACEMENT THROUGH ADOPTION AND FOSTER CARE, INFANT PARENT EMPOWERMENT, AND ENRICHMENT PROGRAMMING. AS AN AFFILIATE MEMBER OF THE STATEWIDE ADOPTION NETWORK (SWAN), THE CHILDREN'S INSTITUTE MAINTAINS CONTRACTS WITH LOCAL, STATEWIDE, AND OUT-OF-STATE COUNTIES IN THE AREAS OF PLACEMENT SERVICES AND FAMILY PRESERVATION/REUNIFICATION SERVICES. THE CHILDREN'S INSTITUTE ALSO CONTINUES TO OFFER A CARE COORDINATION PROGRAM, WHICH OPERATES IN BOTH ALLEGHENY AND WASHINGTON COUNTIES. THESE COUNT-REFERRED PROGRAMS PROVIDE SUPPORT FOR INFANTS, CHILDREN WITH MEDICAL COMPLEXITIES, AND INDIVIDUALS WITH SUBSTANCE USE DISORDERS. 22644266 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 49 0 1 470 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 1 1 1 0 0 PA AK CO KY MD MA MI NH NY OH OK OR SC WA X JOHN JUBAS 4124202308 1405 SHADY AVENUE PITTSBURGH PA 152171350 WENDY A PARDEE PHD PRESIDENT AND CEO 42.50 7.50 X X 316913 0 39672 JAY KATARINCIC CHAIRMAN 2.75 0.25 X X 0 0 0 SARAH BOYLE VICE CHAIRMAN (AS OF 7/20) 1.75 0.25 X X 0 0 0 F DANIEL CASTE VICE CHAIRMAN (AS OF 7/20) 1.75 0.25 X X 0 0 0 BRIAN M MCINERNEY VICE CHAIRMAN (AS OF 7/20) 1.75 0.25 X X 0 0 0 LISA C FAGAN VICE CHAIRMAN 1.75 0.25 X X 0 0 0 JONATHAN M KAMIN VICE CHAIRMAN 1.75 0.25 X X 0 0 0 HENRY STAFFORD VICE CHAIRMAN 1.75 0.25 X X 0 0 0 PAMELA W GOLDEN SECRETARY 1.75 0.25 X X 0 0 0 ROMAYNE L BOTTI TREASURER 1.75 0.25 X X 0 0 0 URMI ASHAR BOARD MEMBER (ENTERED 7/20) 0.75 0.25 X 0 0 0 MARSHALL L BALK MD BOARD MEMBER 0.75 0.25 X 0 0 0 GREGORY B BENCKART BOARD MEMBER 0.75 0.25 X 0 0 0 TINA CHEKAN BOARD MEMBER (ENTERED 7/20) 0.75 0.25 X 0 0 0 KATE DEWEY BOARD MEMBER 0.75 0.25 X 0 0 0 THOMAS DORAN BOARD MEMBER 0.75 0.25 X 0 0 0 BRETT J FUELSDAY BOARD MEMBER (ENTERED 11/20) 0.75 0.25 X 0 0 0 ANTHONY GABBINELLI BOARD MEMBER (ENTERED 11/20) 0.75 0.25 X 0 0 0 ROBERT I GLIMCHER BOARD MEMBER 0.75 0.25 X 0 0 0 MICHAEL HAGGERTY BOARD MEMBER 0.75 0.25 X 0 0 0 MICHAEL J HANNON BOARD MEMBER 0.75 0.25 X 0 0 0 MATTHEW H SMITH BOARD MEMBER 0.75 0.25 X 0 0 0 JASON R WILBURN BOARD MEMBER 0.75 0.25 X 0 0 0 JOHN JUBAS VICE PREISDENT OF FINANCE 42.50 7.50 X 178532 0 11990 STACEY VACCARO COO (EXITED 7/20) 50.00 0.00 X 287006 0 22522 KAREN MARKLE - CHIEF STRATEGY OFFICER/COO (AS OF 7/20) 42.50 7.50 X 208860 0 7295 BRIAN FURFARI - CHIEF INFORMATION OFFICER (EXITED 5/21) 34.00 6.00 X 201323 0 59631 LINDA M ALLEN VP HUMAN RESOURCES 42.50 7.50 X 156684 0 27056 BILLI JO HUFFMAN CHIEF SCHOOL ADMINISTRATOR 40.00 0.00 X 127148 0 17184 BROOKE RACICOT - SENIOR DIRECTOR OF THERAPY SERVICES 24.00 16.00 X 111131 0 27979 EMILY PETERS VP INSTITUTIONAL ADVANCE 34.00 6.00 X 125502 0 15022 AMY DEVINNEY - SR DIR OF BEHAVIORAL HEALTH & FAMILY SRVS 40.00 0.00 X 108678 0 1938 1821777 0 230289 10 0 1 0 HONEYWELL 230 VISTA PARK PITTSBURGH PA 15205 MAINTENANCE SERVICES 411174 CROTHALL 955 CHESTERBROOK BLVD STE 300 WAYNE PA 19087 ENVIRONMENTAL SERVICES 355107 BUCHANAN INGERSOLL ROONER UNION TRUST BDG 501 GRANT ST STE PGH PA 15219 LEGAL EXPENSES 301762 SCHNEIDER DOWNS INC & CO ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 AUDIT/TAX SERVICES 225292 ALPHAGRAPHICS 814 PENN AVENUE PITTSBURGH PA 15222 PRINT/MEDIA DESIGN SERVICES 116304 7 44667 2159169 1509572 263714 3713408 THE DAY SCHOOL 900099 14326097 14326097 OUTPATIENT 900099 4795998 4795998 FAMILY SUPPORT SERVICES 900099 4390548 4390548 23512643 1299069 -315517 1614586 55199136 277241 47535947 46124 7663189 231117 7894306 7894306 36419426 23512643 -315517 9508892 90749 90749 1529174 1174568 257702 96904 14622974 12490741 1884375 247858 233242 233242 2211809 1968633 197331 45845 1168076 809073 334135 24868 398171 121777 276394 179022 1390 177632 115000 115000 481552 481552 2106068 1358640 609470 137958 85720 2312 45599 37809 1074427 751852 303092 19483 456427 406785 49642 884321 819572 64116 633 181798 179826 1883 89 39157 31847 7027 283 375693 198725 174945 2023 2387873 1498832 872715 16326 468639 1627 467012 MEDICAL/PATIENT RELATED 833013 717834 66823 48356 MEMBERSHIP DUES 23213 5503 17585 125 68007 13980 54027 30014125 22644266 6691299 678560 5121186 2150981 2246450 1907151 1894811 1860649 456 456 339232 544198 53477800 39416658 16086364 14061142 72839587 83871265 62608474 89763036 161136560 194158878 5482583 6587252 26333 356075 7102347 1584767 20936153 20007159 21510085 9701801 55057501 38237054 X 103434320 153579077 2644739 2342747 106079059 155921824 161136560 194158878 X 6405301 31740021 11697443 X X 0 1 X 1 1 1 X 2314022 2182116 1264776 3688572 3713408 13162894 2314022 2182116 1264776 3688572 3713408 13162894 50018 13112876 344627 1469268 1305406 1262847 1299069 5681217 18844111 148704825 0.69590 0.68180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 115000 115000 29899125 30014125 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 60000 88929 107541 115000 371470 250000 250000 250000 250000 1000000 1500000 1261796 1261796 1261796 1261796 1261796 1261796 1261796 1261796 1261396 400 1261796 0.00000 1.00000 0.00000 0 0 1726863 1726863 36985424 27729287 9256137 1204687 1075693 128994 10324128 9016454 1307674 3236698 1595224 1641474 14061142 HEDGE FUNDS 35902762 F LIMITED PARTNERSHIPS AND PRIVATELY HELD INVESTMENTS 53860274 F 89763036 ANNUITY FUNDS PAYABLE 259212 PENSION RELATED LIABILITY 9442589 9701801 X 79284589 31740021 11697443 43437464 35847125 481552 90749 572301 36419426 29441824 0 29441824 481552 90749 572301 30014125 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. THE ORGANIZATION FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION'S CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2021 AND 2020 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED CHANGE IN PENSION BENEFIT PLAN COSTS 12,053,518. UNREALIZED INTEREST RATE SWAP VALUATION LOSS -356,075. PART XI, LINE 4B - OTHER ADJUSTMENTS: TELI CONTRIBUTION ADD BACK 90,749. PART XII, LINE 4B - OTHER ADJUSTMENTS: TELI GRANT ADD BACK 90,749. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLICIZED ON ORGANIZATIONS WEBSITE AND ON EDUCATIONAL INFORMATIONAL DOCUMENTS SCHEDULE E, PART I, LINE 6 ANCILLARY SERVICE PROJECT GRANT THROUGH PENNSYLVANIA DEPARTMENT OF EDUCATION. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 FOREIGN INVESTMENTS N/A 43137003 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FOREIGN INVESTMENTS N/A 4916143 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 FOREIGN INVESTMENTS N/A 1542659 0 0 0 0 0 0 49595805 0 49595805 1 0 0 1 1 0 PART III ACCOUNTING METHOD: 1 THE EARLY LEARNING INSTITUTE 1405 SHADY AVENUE PITSBURGH PA 152171360 251151974 501C(3) 90749 0 N/A N/A ASSIST WITH PROGRAMMATIC SHORTFALL 1 0 PART I, LINE 2: AS TELI'S SOLE CORPORATE MEMBER, CI'S VICE PRESIDENT OF FINANCE OVERSEES ALL FINANCIAL ASPECTS OF TELI AND WAS RESPONSIBLE FOR THE USE OF FUNDS IN ACCORDANCE TO THE GRANT AWARDED. X X X X X 1 0 0 0 0 0 0 1 0 WENDY A PARDEE PHD PRESIDENT AND CEO 262047 0 50000 0 4866 0 13581 0 26091 0 356585 0 0 0 STACEY VACCARO COO (EXITED 7/20) 162546 0 35409 0 89051 0 9836 0 12686 0 309528 0 0 0 BRIAN FURFARI - CHIEF INFORMATION OFFICER (EXITED 5/21) 170019 0 31284 0 20 0 56449 0 3182 0 260954 0 0 0 KAREN MARKLE - CHIEF STRATEGY OFFICER/COO (AS OF 7/20) 174745 0 33252 0 863 0 4375 0 2920 0 216155 0 0 0 JOHN JUBAS VICE PREISDENT OF FINANCE 149698 0 27544 0 1290 0 8862 0 3128 0 190522 0 0 0 LINDA M ALLEN VP HUMAN RESOURCES 129872 0 25070 0 1742 0 5382 0 21674 0 183740 0 0 0 PART I, LINE 4A STACEY VACCARO RECEIVED SEVERANCE PAYMENTS IN 2020 OF $88,835. THE CHILDREN'S INSTITUTE ACCRUED SEVERANCE PAYMENTS FOR BRIAN FUFARI OF $46,687 IN FISCAL YEAR 2021. THIS AMOUNT IS INCLUDED IN COLUMN C - DEFERRED COMPENSATION. PART I, LINE 7 BONUS PAYMENTS WERE AWARDED DURING THE CALENDAR YEAR 2020. X 8 263714 COST OR SELLING PRICE 0 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF DONORS. FORM 990, PART III, LINE 2 EFFECTIVE NOVEMBER 1, 2020, CI ACQUIRED AND BECAME THE SOLE CORPORATE MEMBER OF THE EARLY LEARNING INSTITUTE AND RECORDED THE ESTIMATED FAIR VALUE OF ASSETS ACQUIRED AND LIABILITIES ASSUMED AT THE DATE OF ACQUISITION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE CORPORATION DURING THE PERIOD BETWEEN THE MEETINGS OF THE BOARD OF DIRECTORS, SUBJECT TO ANY PRIOR LIMITATIONS IMPOSED BY THE BOARD OF DIRECTORS AND WITH THE UNDERSTANDING THAT ALL MATTERS OF MAJOR IMPORTANCE WILL BE REFERRED TO THE BOARD OF DIRECTORS FOR APPROVAL. MINUTES OF THE EXECUTIVE COMMITTEE MEETINGS AND REPORTS OF ITS ACTIONS SHALL BE SUBMITTED TO THE BOARD OF DIRECTORS AND ITS ACTIONS SHALL BE SUBJECT TO RATIFICATION AT THE NEXT REGULAR BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 10B CI IS THE SOLE CORPORATE MEMBER OF THE EARLY LEARNING INSITUTE, AN AFFILIATE. CI HAS THE FOLLOWING BRANCH LOCATIONS IN PENNSYLVANIA: BRIDGEVILLE, IRWIN, MONACA, PITTSBURGH, GREENSBURG, AND WASHINGTON. FORM 990, PART VI, SECTION B, LINE 11B THE CHILDREN'S INSTITUTE RECOGNIZES THAT AS PART OF THE BOARD OF DIRECTORS' GOVERNANCE ROLE, THEY SHOULD REVIEW THE IRS FORM 990. THE AFOREMENTIONED REVIEW HAS BEEN DELEGATED BY THE BOARD TO THE AUDIT COMMITTEE. THE CHILDREN'S INSTITUTE (CI) ALONG WITH CI'S CERTIFIED PUBLIC ACCOUNTING FIRM ARE RESPONSIBLE FOR THE TIMELY PREPARATION OF FORM 990. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED THE COMPLETED FORM 990 IN ADVANCE OF AN AUDIT COMMITTEE MEETING TO ENABLE A DETAILED CONSCIENTIOUS REVIEW BY COMMITTEE MEMBERS. THE APPROPRIATE REPRESENTATIVES OF THE CERTIFIED PUBLIC ACCOUNTING FIRM AND CI'S VICE PRESIDENT OF FINANCE ADDRESSED QUESTIONS AND CONCERNS OF THE AUDIT COMMITTEE. AFTER INPUT FROM THE AUDIT COMMITTEE WAS APPROPRIATELY ADDRESSED, A COMPLETE COPY OF THE RETURN WAS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CHILDREN'S INSTITUTE HAS A CONFLICT OF INTEREST POLICY THAT IS INCLUDED IN THE CODE OF CONDUCT. THIS POLICY PROVIDES INFORMATION TO ALL DIRECTORS, OFFICERS, EMPLOYEES, PHYSICIANS AND VOLUNTEERS REGARDING REQUIREMENTS FOR DISCLOSURE AND THE SUBSEQUENT CORPORATE ACTION REQUIRED REGARDING SUCH TRANSACTIONS. CI, THROUGH ITS BOARD OF DIRECTORS, BELIEVES IT IS ESSENTIAL THAT ALL SUCH INDIVIDUALS FULLY AND COMPLETELY UNDERSTAND THE RESPONSIBILITIES THE INDIVIDUAL HAS REGARDING POTENTIAL CONFLICTS OF INTEREST. CI ALSO BELIEVES THAT IT IS VERY IMPORTANT THAT ALL SUCH INDIVIDUALS UNDERSTAND THE PROCEDURES UTILIZED BY CI IN DEALING WITH POTENTIAL CONFLICTS OF INTEREST. THIS POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE APPLICABLE PENNSYLVANIA STATE LAW GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE CORPORATIONS. TO THE EXTENT THAT THIS POLICY CONFLICTS WITH THE PROVISIONS OF APPLICABLE PENNSYLVANIA LAW GOVERNING CONFLICTS OF INTERESTS, THE APPLICABLE PROVISIONS OF PENNSYLVANIA LAW SHALL GOVERN AND CONTROL. EACH MEMBER OF THE GOVERNING BODY, EMPLOYEE AND VOLUNTEER HAS AN OBLIGATION TO EARN THE TRUST AND CONFIDENCE OF THE ORGANIZATION'S CLIENTS, THE COMMUNITY AND COLLEAGUES. ADHERENCE TO THE PRINCIPLES SET FORTH IN THIS POLICY AND THE RELATED DOCUMENTS REFERENCED HEREIN SHALL ASSIST EACH IN DOING SO. MEMBERS OF THE GOVERNING BODY, EMPLOYEES, AND VOLUNTEERS SHALL AVOID ALL CONFLICTS OF INTEREST AND THE APPEARANCE OF ANY CONFLICT OF INTEREST. A CONFLICT OF INTEREST OCCURS IN ANY SITUATION IN WHICH ONE IS POTENTIALLY NOT ABLE TO REMAIN IMPARTIAL OR MAINTAIN OBJECTIVITY IN CHOOSING BETWEEN THE INTERESTS OF THE ORGANIZATION AND ONE'S PERSONAL INTERESTS OR THE INTERESTS OF THIRD PARTIES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR EVALUATING THE CEO'S PERFORMANCE. DURING THIS EVALUATION, THE CEO'S BASE AND INCENTIVE COMPENSATION AWARDS ARE EVALUATED. A COST OF LIVING ADJUSTMENT MAY BE APPLIED TO THE BASE COMPENSATION. THE INCENTIVE COMPENSATION IS BASED ON THE GOALS THE CEO EVALUATION COMMITTEE HAS SET IN CONJUNCTION WITH THE BOARD OF DIRECTORS. PRIOR TO THE START OF THE NEXT FISCAL YEAR, THE CEO EXECUTIVE COMMITTEE MEETS WITH THE CEO TO REVIEW CURRENT YEAR PERFORMANCE AND TO ESTABLISH GOALS AND COMPENSATION FOR THE NEXT FISCAL YEAR. THE CEO IN CONJUNCTION WITH THE VICE PRESIDENT OF HUMAN RESOURCES UTILIZES ANNUAL SALARY SURVEY DATA TO ESTABLISH THE BASE AND INCENTIVE COMPENSATION OF THE VICE PRESIDENT OF FINANCE. THE CEO REVIEWS BASE AND INCENTIVE COMPENSATION WITH THE CEO EVALUATION COMMITTEE AT THE ANNUAL JUNE MEETING. PRIOR TO THE START OF THE NEXT FISCAL YEAR, THE CEO MEETS WITH THE VICE PRESIDENT OF FINANCE TO REVIEW CURRENT YEAR PERFORMANCE AND TO ESTABLISH GOALS AND COMPENSATION FOR THE NEXT FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION, IRS DETERMINATION LETTER AND FORMS 990 AND 990-T ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE CHILDREN'S INSTITUTE PREPARES AN ANNUAL REPORT THAT CONTAINS ITS SUMMARY FINANCIALS FOR PUBLIC DISTRIBUTION. THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION WILL BE PROVIDED UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS, INCLUDING THE BYLAWS, ARTICLES OF INCORPORATION AND CONFLICT OF INTEREST POLICIES, ARE NOT PUBLICLY AVAILABLE BUT ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED CHANGE IN PENSION BENEFIT PLAN COSTS 12,053,518. UNREALIZED INTEREST RATE SWAP VALUATION LOSS -356,075. FORM 990 PART XII, FINANCIAL STATEMENTS AND REPORTING: THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN CURRENT YEAR, THE EARLY LEARNING INSTITUTE WAS ALSO INCLUDED IN THE AUDIT, BUT NOT IN THE PRIOR YEAR. IN ADDITION, THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE EARLY LEARNING INSTITUTE 1405 SHADY AVENUE PITTSBURGH PA 152171360 251151974 PROVIDE COMPREHENSIVE EARLY INTERVENTION AND REHABILITIATIVE SERVICES. PA 501(C)(3) 170(B)(1)(A)(VI) THE CHILDREN'S INSTITUTE OF PITTSBURGH 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 THE EARLY LEARNING INSTITUTE B 90749 COST