2021-06-30T14:18:34-05:00 2020-08-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2019-09-01 362896025 CHICAGO THEATRE GROUP INC CHIC 3124433811 170 N DEARBORN STREET CHICAGO IL 60601 LEWIS WARRICK DIRECTOR OF FINANCE 3124433811 2021-06-28 1 LU ANN TRAPP P01506476 3122071040 2021-06-28 2019 2022-09-23 18:48:47Z GOODMAN THEATRE LEWIS WARRICK 170 N DEARBORN STREET CHICAGO IL 60601 22941953 0 X WWW.GOODMANTHEATRE.ORG X 1976 IL GOODMAN THEATRE IS AN ARTISTIC AND COMMUNITY INSTITUTION IN CHICAGO WITH A DEDICATION TO THE ART OF THEATER AND CIVIC ENGAGEMENT. 72 70 572 100 0 0 6879177 9986206 10955245 5694442 1348337 1005502 237836 65945 19420595 16752095 0 0 0 0 13988081 12278995 0 0 1730618 11724310 8822882 25712391 21101877 -6291796 -4349782 67045788 62114895 31239698 29123082 35806090 32991813 X THE CHICAGO THEATRE GROUP IS COMMITTED TO PRODUCING BOTH CLASSIC AND CONTEMPORARY WORKS GIVING FULL VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. BY DEDICATING ITSELF TO THREE GUIDING PRINCIPLES - QUALITY, DIVERSITY, AND COMMUNITY - THE THEATRE SEEKS TO BE THE PREMIER CULTURAL ORGANIZATION IN CHICAGO, PROVIDING PRODUCTIONS AND PROGRAMS THAT MAKE AN ESSENTIAL CONTRIBUTION TO THE QUALITY OF LIFE IN OUR CITY. 0 1 15751527 5783424 GOODMAN THEATRE, CHICAGO'S OLDEST AND LARGEST NOT-FOR-PROFIT THEATER, IS INTERNATIONALLY RECOGNIZED FOR ITS ARTISTS, PRODUCTIONS AND EDUCATIONAL PROGRAMS. WITH DEPTH AND DIVERSITY OF ARTISTIC LEADERSHIP, THE GOODMAN IS COMMITTED TO PRODUCING BOTH CLASSIC AND CONTEMPORARY WORKS, GIVING FULL VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. THE THEATRE IS RENOWNED FOR THE EXCELLENCE OF ITS MANY COMMUNITY AND EDUCATIONAL PROGRAMS. THE GOODMAN OFFERS NATIONALLY RECOGNIZED PROGRAMS TO THE CHICAGO COMMUNITY FOR STUDENTS OF ALL AGES. ADDITIONALLY, THE THEATRE OFFERS EDUCATIONAL MATERIALS THAT NOT ONLY ENRICH THE THEATER-GOING EXPERIENCE, BUT IMPACT LEARNING AND HELP DEVELOP CRITICAL THINKING SKILLS. 15751527 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 240 0 1 572 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 72 70 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 IL X LEWIS WARRICK 3124435554 170 N DEARBORN STREET CHICAGO IL 60601 MR ROBERT FALLS ARTISTIC DIRECTOR 40.00 0.00 X X 592483 0 11522 MR ROCHE SCHULFER EXECUTIVE DIRECTOR 40.00 0.00 X X 560734 0 8529 PETER CALIBRARO MANAGING DIRECTOR (THRU 12/2019) 40.00 0.00 X 262614 0 7205 JOHN COLLINS GENERAL MANAGER 40.00 0.00 X 199465 0 7219 DORLISA MARTIN DIRECTOR OF DEVELOPMENT 40.00 0.00 X 194580 0 573 DENISE SCHNEIDER DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 160312 0 7101 SCOTT CONN PRODUCTION MANAGER 40.00 0.00 X 154500 0 10693 WILLA TAYLOR DIRECTOR OF EDUCATION 40.00 0.00 X 147308 0 9215 JALEN CORSI DIRECTOR OF MARKETING 40.00 0.00 X 142717 0 448 LEWIS WARRICK DIRECTOR OF FINANCE (STARTING 9/2019) 40.00 0.00 X 49019 0 573 MRS ELIZABETH RAYMOND VICE PRESIDENT 1.00 0.00 X X 0 0 0 MR PATRICK WOOD-PRINCE VICE CHAIR 1.00 0.00 X X 0 0 0 MRS CYNTHIA SCHOLL SECRETARY 1.00 0.00 X X 0 0 0 MS JULIE DANIS PRESIDENT 1.00 0.00 X X 0 0 0 MRS KIMBRA WALTER VICE CHAIR 1.00 0.00 X X 0 0 0 DR ALICE SABL VICE CHAIR 1.00 0.00 X X 0 0 0 MRS DENISE GINASCOL WOMEN'S BOARD PRESIDENT 1.00 0.00 X X 0 0 0 MR RODNEY GOLDSTEIN VICE PRESIDENT 1.00 0.00 X X 0 0 0 MR JOSEPH LEARNER VICE PRESIDENT 1.00 0.00 X X 0 0 0 MS REBECCA FORD VICE PRESIDENT 1.00 0.00 X X 0 0 0 MR DAVID FOX BOARD CHAIR 1.00 0.00 X X 0 0 0 MR CARL JENKINS VICE PRESIDENT 1.00 0.00 X X 0 0 0 MRS JOAN CLIFFORD IMMEDITATE PAST CHAIR 1.00 0.00 X X 0 0 0 MS MEGAN MCCARTHY HAYES SCENEMAKERS BOARD PRESIDENT 1.00 0.00 X X 0 0 0 MR ANTHONY MAGGIORE VICE PRESIDENT 1.00 0.00 X X 0 0 0 MR JEFFREY HESSE CHAIR ELECT, TREASURER 1.00 0.00 X X 0 0 0 MR DOUG BROWN VICE CHAIR--ASSISTANT TREASURER 1.00 0.00 X X 0 0 0 MR RICHARD COPANS VICE PRESIDENT 1.00 0.00 X X 0 0 0 MS MARSHA CRUZAN VICE PRESIDENT 1.00 0.00 X X 0 0 0 MS CLARE METCALF VICE PRESIDENT 1.00 0.00 X X 0 0 0 MR TOD SALTZMAN VICE PRESIDENT 1.00 0.00 X X 0 0 0 MS MARIA WYNNE VICE PRESIDENT 1.00 0.00 X X 0 0 0 MS ELAINE LEAVENWORTH VICE PRESIDENT 1.00 0.00 X X 0 0 0 MS LINDA COBERLY VICE PRESIDENT 1.00 0.00 X X 0 0 0 MR VINCENT SERGI BOARD MEMBER 1.00 0.00 X 0 0 0 MR BRIAN DENNEHY BOARD MEMBER 1.00 0.00 X 0 0 0 MR LAMONT CHANGE BOARD MEMBER 1.00 0.00 X 0 0 0 MRS KATHLEEN COWIE BOARD MEMBER 1.00 0.00 X 0 0 0 MR J RANDALL WHITE BOARD MEMBER 1.00 0.00 X 0 0 0 MRS DIA WEIL BOARD MEMBER 1.00 0.00 X 0 0 0 MS SHAWN DONNELLEY BOARD MEMBER 1.00 0.00 X 0 0 0 MR ALBERT GOODMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MRS JILL SMART BOARD MEMBER 1.00 0.00 X 0 0 0 MR PAUL DYKSTRA BOARD MEMBER 1.00 0.00 X 0 0 0 MR THOMAS MAURER BOARD MEMBER 1.00 0.00 X 0 0 0 MS MARA BECHILY BOARD MEMBER 1.00 0.00 X 0 0 0 MRS SONDRA HEALY BOARD MEMBER 1.00 0.00 X 0 0 0 MS CAROLE STONE BOARD MEMBER 1.00 0.00 X 0 0 0 MR MICHAEL O'HALLERAN BOARD MEMBER 1.00 0.00 X 0 0 0 MS CAROL PRINS BOARD MEMBER 1.00 0.00 X 0 0 0 MR RICHARD POLLAY BOARD MEMBER 1.00 0.00 X 0 0 0 MR PETER BYNOE BOARD MEMBER 1.00 0.00 X 0 0 0 MS CATHERINE MOULY BOARD MEMBER 1.00 0.00 X 0 0 0 MR SHELDON LAVIN BOARD MEMBER 1.00 0.00 X 0 0 0 MR ROGER BASKES BOARD MEMBER 1.00 0.00 X 0 0 0 MRS SUSAN WISLOW BOARD MEMBER 1.00 0.00 X 0 0 0 DR EUGENE ZEFFREN BOARD MEMBER 1.00 0.00 X 0 0 0 DR JAMES ANNABLE BOARD MEMBER 1.00 0.00 X 0 0 0 MR H MICHAEL KURZMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MS KRISTIN ANDERSON-SCHEWE BOARD MEMBER 1.00 0.00 X 0 0 0 MRS GIGI PUCKER BOARD MEMBER 1.00 0.00 X 0 0 0 MRS LORETTA COONEY BOARD MEMBER 1.00 0.00 X 0 0 0 MR HARRY HARCZAK BOARD MEMBER 1.00 0.00 X 0 0 0 MS AMALIA MAHONEY BOARD MEMBER 1.00 0.00 X 0 0 0 MS RUTH ANN GILLIS BOARD MEMBER 1.00 0.00 X 0 0 0 MR PHILIP CLEMENT BOARD MEMBER 1.00 0.00 X 0 0 0 MS KATHY BROCK BOARD MEMBER 1.00 0.00 X 0 0 0 MR MICHAEL BELSLEY BOARD MEMBER 1.00 0.00 X 0 0 0 DR ADNAAN HAMID BOARD MEMBER 1.00 0.00 X 0 0 0 MS GENEVIEVE THIERS BOARD MEMBER 1.00 0.00 X 0 0 0 MR BRIAN HECKLER BOARD MEMBER 1.00 0.00 X 0 0 0 MR ANTHONY MARKOWSKI BOARD MEMBER 1.00 0.00 X 0 0 0 MRS LAURIE BAY BOARD MEMBER 1.00 0.00 X 0 0 0 MS ABBE ARON BOARD MEMBER 1.00 0.00 X 0 0 0 MR MATTHEW CARTER BOARD MEMBER 1.00 0.00 X 0 0 0 MR TROY ZIMMERMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MS TRACY HEALY BOARD MEMBER 1.00 0.00 X 0 0 0 MR STEVE TRAXLER BOARD MEMBER 1.00 0.00 X 0 0 0 MRS CARA BURNS PAN BOARD MEMBER 1.00 0.00 X 0 0 0 MS JENNIFER CAMPE BOARD MEMBER 1.00 0.00 X 0 0 0 MR PAUL LEINWAND BOARD MEMBER 1.00 0.00 X 0 0 0 MR LESTER CONEY BOARD MEMBER 1.00 0.00 X 0 0 0 MR NEAL ZUCKER BOARD MEMBER 1.00 0.00 X 0 0 0 MR CHUCK SMITH BOARD MEMBER 1.00 0.00 X 0 0 0 MR PERRY J MANGIONE BOARD MEMBER 1.00 0.00 X 0 0 0 MS EVA LOSACCO BOARD MEMBER 1.00 0.00 X 0 0 0 MS LESLIE HINDMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MS PATRICIA COX BOARD MEMBER 1.00 0.00 X 0 0 0 MS LINDA HUTSON BOARD MEMBER 1.00 0.00 X 0 0 0 MS DEBORAH BRICKER BOARD MEMBER 1.00 0.00 X 0 0 0 MS LINDA TOOPS BOARD MEMBER 1.00 0.00 X 0 0 0 MS SUZETTE DEWEY BOARD MEMBER 1.00 0.00 X 0 0 0 MS ZORAIDA SAMBOLIN BOARD MEMBER 1.00 0.00 X 0 0 0 2463732 0 63078 12 0 1 0 TESSITURA NETWORK PO BOX 203410 DALLAS TX 75320 TICKETING/ FUNDRAISING SOFTWARE 162324 ANDY FRAIN SERVICES 761 SHORELINE DR AURORA IL 60504 SECURITY SERVICES 115580 CHICAGO TRIBUNE MEDIA GROUP 14839 COLLECTIONS CENTER DRIVE CHICAGO IL 606930148 ADVERTISING 104300 GEMINI GRAPHICS 860 W LAKE ST SUITE 606 ROSELLE IL 601722891 PRINTING 100233 7 1108793 2504800 6372613 9986206 TICKET SALES 711110 4208941 4208941 SUBSCRIPTION 711110 1482001 1482001 TOUR AND PRODUCTION INCOME 711110 3500 3500 5694442 603253 603253 1040 1040 80240 12480 67760 67760 67760 6104463 5702214 402249 402249 402249 42350 1108793 134187 -91837 -91837 383973 340977 42996 42996 MISCELLANEOUS REVENUE 900099 45986 45986 45986 16752095 5783424 0 982465 1699363 1205381 342804 151178 8525905 6042412 1723176 760317 1360198 1013309 243272 103617 693529 516659 124038 52832 19094 19094 45150 45150 54498 54498 1443275 1278102 157797 7376 790346 790346 171520 133613 14922 22985 241197 241197 990668 830732 134215 25721 264519 217971 44607 1941 656006 475089 163536 17381 2329207 1968905 284677 75625 163577 82331 79131 2115 SUPPLIES 625239 387809 142312 95118 PROPS AND SCENERY 377489 377489 DONORS, TRUSTEES, EVENT 197800 197800 COSTUMES 130091 130091 323206 60091 46503 216612 21101877 15751527 3619732 1730618 1958964 608063 24684 50937 5793161 3999460 129547 70736 1722204 542125 64901498 34477492 32301008 30424006 25116220 26419568 67045788 62114895 1095108 2088124 4207500 1496242 22127554 21704646 3450000 3373299 359536 460771 31239698 29123082 X 24594190 23151390 11211900 9840423 35806090 32991813 67045788 62114895 -4349782 1535504 0 X 0 1 X 1 0 X 13650801 10107460 13129044 6879177 9986206 53752688 13650801 10107460 13129044 6879177 9986206 53752688 5661674 48091014 516623 783769 834647 784538 604329 3523906 147674 654951 201590 211578 45989 1261782 58538376 49060250 0.82150 0.77330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30030440 2469769 2963439 29536770 32166088 239081 2374730 30030440 29399119 6347592 2069189 5649812 32166088 29772735 1471732 2853753 4699101 29399119 29339196 2072439 1468270 3107170 29772735 0.81930 0.18070 0.00000 0 0 47651595 27137370 20514225 5517733 2196414 3321319 11732170 5143708 6588462 30424006 DEFERRED RENT 460771 460771 X 18367288 1535504 134187 1669691 16697597 54498 54498 16752095 21181565 134187 134187 21047378 54498 54498 21101876 PART V, LINE 4: GOODMAN SEEKS TO GROW ITS ENDOWMENT THROUGH THE ENDOWING EXCELLENCE CAMPAIGN FOR THE FOLLOWING PURPOSE: INTEREST INCOME FROM A PROPER ENDOWMENT WOULD PROVIDE A PORTION OF THE OPERATING BUDGET EACH YEAR AND, MOST IMPORTANTLY, THE ENDOWMENT WILL SERVE AS A SAFETY NET IN UNCERTAIN TIMES. GOODMAN THEATRE IS ONE OF CHICAGO'S PRINCIPAL CULTURAL INSTITUTIONS, A LEADER IN THE AMERICAN THEATER AND INTERNATIONALLY RECOGNIZED FOR ITS ARTISTS, PRODUCTIONS AND OUTREACH PROGRAMS. INDUSTRY STANDARDS INDICATE THAT AN INSTITUTIONALIZED CULTURAL NON-PROFIT SHOULD HAVE TWO TO THREE TIMES ITS OPERATING BUDGET IN ENDOWED FUNDS. THE GOODMAN HAS ONLY BEEN AN INDEPENDENT SINCE 1978 AND THE ESTABLISHMENT OF OUR NEW FACILITY IN 2000 WAS A MAJOR FINANCIAL AND ORGANIZATION EFFORT. BECAUSE OF THESE FACTORS, GOODMAN HAS NOT FOCUSED ON BUILDING ENDOWMENT AND OUR RESERVES DO NOT MATCH THOSE OF OUR SISTER CULTURAL ORGANIZATIONS. PART X, LINE 2: THE THEATRE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE THEATRE FOR UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT AND GAMING DIRECT EXPENSES 134,187. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT AND GAMING DIRECT EXPENSES 134,187. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS 2709396 0 0 0 0 0 0 2709396 0 2709396 0 0 1 0 0 0 PART III ACCOUNTING METHOD: VIRTUAL ANNUAL GALA 708635 708635 EDUCATION LUNCH 329508 310408 19100 54997 9092 1 113000 89750 23250 61501 8597 1151143 1108793 42350 116498 17689 134187 -91837 X X X 0 0 0 0 0 0 0 0 0 MR ROBERT FALLS ARTISTIC DIRECTOR 585336 0 0 0 7147 0 0 0 11522 0 604005 0 0 0 MR ROCHE SCHULFER EXECUTIVE DIRECTOR 554734 0 0 0 6000 0 0 0 8529 0 569263 0 0 0 PETER CALIBRARO MANAGING DIRECTOR (THRU 12/2019) 262614 0 0 0 0 0 0 0 7205 0 269819 0 0 0 JOHN COLLINS GENERAL MANAGER 199465 0 0 0 0 0 0 0 7219 0 206684 0 0 0 DORLISA MARTIN DIRECTOR OF DEVELOPMENT 194580 0 0 0 0 0 0 0 573 0 195153 0 0 0 DENISE SCHNEIDER DIRECTOR OF COMMUNICATIONS 160312 0 0 0 0 0 0 0 7101 0 167413 0 0 0 SCOTT CONN PRODUCTION MANAGER 154500 0 0 0 0 0 0 0 10693 0 165193 0 0 0 WILLA TAYLOR DIRECTOR OF EDUCATION 147308 0 0 0 0 0 0 0 9215 0 156523 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 2019-05-08 22471876 GOODMAN THEATRE PROJECT & FACILITY CONSTRUCTION 0 0 0 A 496663 22471876 22471876 2019 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART III, LINE 3 IN RESPONSE TO THE PANDEMIC DECLARATION, ON MARCH 13, 2020 THE THEATRE CLOSED ITS FACILITIES TO THE PUBLIC TO COMPLY WITH STATE AND LOCAL HEALTH AND SAFETY STANDARDS. ADDITIONALLY, THE ANNUAL GALA, WHICH WAS TO BE HELD IN MAY 2020, WAS TRANSITIONED INTO A VIRTUAL FORMAT. CONTINUED RESTRICTIONS ON PUBLIC GATHERING SIZE MAKE IN PERSON ENGAGEMENT ACTIVITIES FINANCIALLY UNFEASIBLE DURING THIS PANDEMIC. BEFORE FISCAL YEAR END, MANAGEMENT EVALUATED OPERATING STRUCTURES AND MADE THE STRATEGIC DECISION TO FULFILL ITS MISSION TO CONNECT PEOPLE TO THEATRE ARTS WITH VIRTUAL PERFORMANCES, INCLUDING A RADIO BROADCAST OF THE ANNUAL PRODUCTION OF "A CHRISTMAS CAROL". ADMISSIONS REVENUE FROM THE DATE OF CLOSURE THROUGH AUGUST 31, 2020 WERE APPROXIMATELY $5,264,000 LOWER THAN THE COMPARABLE PERIOD THE PRIOR FISCAL YEAR. THIS REVENUE LOSS WAS OFFSET BY THE PPP LOAN AND UNRESTRICTED CONTRIBUTIONS TOTALING $3,038,000 MORE THAN THE COMPARABLE PRIOR YEAR PERIOD. IN ADDITION, OPERATING EXPENSES IN THE LAST QUARTER OF FISCAL YEAR 2020 WERE APPROXIMATELY $4,860,000 LOWER THAN THE PRIOR YEAR DUE TO THE ELIMINATION OR REDUCTION OF EXPENDITURES WHERE POSSIBLE. FORM 990, PART VI, SECTION A, LINE 1 THE CHAIRMAN OF THE BOARD OF TRUSTEES MAY APPOINT FROM AMONG THE TRUSTEES AN EXECUTIVE COMMITTEE OF TWO OR MORE MEMBERS, ONE OF WHO SHALL BE THE PRESIDENT, WHO WILL CHAIR THE EXECUTIVE COMMITTEE MEETINGS. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE CORPORATION, EXCEPT THAT SUCH COMMITTEE SHALL HAVE NO AUTHORITY IN REFERENCE TO AMENDING THE ARTICLES OF INCORPORATION, ADOPTING A PLAN OF MERGER OR CONSOLIDATION, ADOPTING A PLAN OF SALE, LEASE, EXCHANGE, MORTGAGE OR OTHER DISPOSITION OF SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE CORPORATION OTHER THAN IN THE USUAL COURSE OF BUSINESS, AFFECTING THE VOLUNTARY DISSOLUTION OF THE CORPORATION, AMENDING, ALTERING OR REPEALING ANY PROVISION OF THESE BYLAWS, ELECTING OR REMOVING TRUSTEES OR OFFICERS OF THE CORPORATION, OR MEMBERS OF THE EXECUTIVE COMMITTEE, FIXING THE COMPENSATION OF ANY MEMBER OF THE EXECTIVE COMMITTEE, OR AMENDING, ALTERING OR REPEALING ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH, BY ITS TERMS, PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED OR REPEALED BY THE EXECUTIVE COMMITTEE. THE CHAIRMAN SHALL HAVE POWER AT ANY TIME TO FILL VACANCIES IN, TO CHANGE THE SIZE OR MEMBERSHIP OF, AND TO DISCHARGE ANY SUCH COMMITTEE. ANY SUCH EXECUTIVE COMMITTEE SHALL KEEP A WRITTEN RECORD OF ITS PROCEEDINGS AND SHALL SUBMIT SUCH RECORD TO THE ENTIRE BOARD AT EACH REGULAR MEETING THEREOF AND AT SUCH OTHER TIMES AS MAY BE REQUESTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE FORM 990 AND PROVIDES A COPY TO THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO ANNUALLY COMPLETE A FORM DISCLOSING ANY CONFLICTS OF INTEREST. THE COI FORMS ARE REVIEWED ANNUALLY BY THE MANAGING DIRECTOR. ANY SIGNIFICANT CONFLICTS ARE REVIEWED WITH THE TRUSTEE OFFICERS. THROUGHOUT THE YEAR ALL SERVICES AND PURCHASED CONTRACTS ARE REVIEWED BY MANAGEMENT TO ENSURE NO COI. IF THERE IS A POTENTIAL COI, THE TRUSTEE IN QUESTION WILL NOT BE PERMITTED TO VOTE OR APPROVE THE TRANSACTION IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CONSIDERS THE CHAIRMAN OF THE BOARD TO BE ITS TOP MANAGEMENT OFFICIAL. THE CHAIRMAN IS NOT COMPENSATED AND ACCORDINGLY, THIS QUESTION HAS BEEN ANSWERED "NO". THE ORGANIZATION'S OTHER OFFICERS AND ITS KEY EMPLOYEE ARE COMPENSATED ACCORDING TO AN AGREED UPON CONTRACT WHICH IS REVIEWED EVERY 7 YEARS. WHEN THE CONTRACTS ARE REVIEWED, A BOARD COMMITTEE CONSIDERS COMPENSATION OF SIMILARLY SITUATED INDIVIDUALS AT SIMILAR ORGANIZATIONS COMPENSATION IS NOT REVIEWED ON AN ANNUAL BASIS AND WAS NOT REVIEWED FOR THE REPORTING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.