2021-11-08T08:14:30-06:00 2020-12-31 135565207 KPMG LLP 1003 BISHOP STREET PAUAHI TOWER SUITE 2 HONOLULU HI 96813 990 2020-01-01 990073533 YOUNG MEN'S CHRISTIAN ASSOCIATION OF HONOLULU YOUN 8085313558 1441 PALI HIGHWAY HONOLULU HI 96813 GREGORY WAIBEL PRESIDENT/CEO 8085313558 2021-11-05 1 GREGORY WAIBEL 999009999 CANDACE C CHING P01698370 8085402800 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z GREGORY WAIBEL 1441 PALI HIGHWAY HONOLULU HI 96813 28260937 0 X WWW.YMCAHONOLULU.ORG X 1869 HI STRENGTHENING COMMUNITIES THROUGH YOUTH DEV, HEALTHY LIVING, & SOCIAL RESP PRGMS/SVCS. 40 40 1190 796 0 0 6326273 9814308 23885161 10062413 829146 1581283 275781 598569 31316361 22056573 59194 51300 0 0 20269515 14602860 115571 40577 545281 9954476 7972178 30398756 22666915 917605 -610342 63983264 63191253 4616609 3414497 59366655 59776756 X THE YMCA OF HONOLULU IS A CHARITABLE ORGANIZATION DEDICATED TO BUILDING HEALTHY SPIRIT, MIND AND BODY FOR ALL REGARDLESS OF AGE, GENDER, BACKGROUND OR ABILITY TO PAY. 0 1 9873733 51300 4813363 PROGRAMS FOR YOUTH DEVELOPMENT:OUR YMCA OF HONOLULU IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD. WE BELIEVE THAT ALL CHILDREN DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS OUR AFTER SCHOOL AND SUMMER CHILDCARE PROGRAMS, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. IN 2020, THE YMCA OF HONOLULU PROVIDED $989,300 OF PROGRAM FEE WAIVERS THAT MADE PARTICIPATION POSSIBLE FOR MANY YOUNG PEOPLE IN OUR COMMUNITY. IN ADDITION, THE YMCA OF HONOLULU TOUCHED THE LIVES OF OVER 14,400 CHILDREN THROUGH ITS YOUTH PROGRAMS. 6022712 0 4376283 PROGRAMS THAT DEVELOP HEALTHY LIVING:YMCA OF HONOLULU IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, 29,400 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS. IN 2020, WE PROVIDED $199,300 IN MEMBERSHIP FEE REDUCTIONS TO PEOPLE WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION. 3541400 0 872767 PROGRAMS THAT EMBODY SOCIAL RESPONSIBILITY:OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 100 YEARS. OUR DRUG TREATMENT AND INTERVENTION SERVICES WORK TO ELIMINATE SUBSTANCE ABUSE, DEVELOP SELF-RESPECT,INCREASE POSITIVE ADJUSTMENT IN SCHOOL, IMPROVE FAMILY AND INTERPERSONAL RELATIONS, AND FIND SUITABLE EMPLOYMENT OPPORTUNITIES FOR TROUBLED YOUTH. OUR AFTER-SCHOOL/SCHOOL'S OUT PREVENTION AND YOUTH MENTORING PROGRAMS PROVIDE YOUTH WITH A SAFE, SUPERVISED PLACE AND ASSIST THEM TO DEVELOP INTEREST IN POSITIVE ACTIVITIES AS AN ALTERNATIVE TO AT-RISK BEHAVIORS SUCH AS VIOLENCE, GANG INVOLVEMENT, AND DRUG USE. CONT'D ON SCH O. OUR PROGRAMS PROVIDE LEADERSHIP DEVELOPMENT, COUNSELING, HOMEWORK ASSISTANCE, SUBSTANCE ABUSE EDUCATION, CAMPING, SPORTS AND RECREATION. BOTH OF THESE PROGRAMS ARE EXAMPLES OF HOW THE YMCA OF HONOLULU DELIVERS TRAINING, RESOURCES, AND SUPPORT THAT EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES. IN 2020, WE ENGAGED 1,000 INDIVIDUALS IN OUR OUTREACH PROGRAMS IN THE HOPES OF STRENGTHENING OUR COMMUNITY AND PAVING THE WAY FOR FUTURE GENERATIONS TO THRIVE. 19437845 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 1190 1 0 0 0 0 0 0 0 0 0 0 0 0 X 40 40 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 HI X X LYNNELLE HASEGAWA 8085415454 1441 PALI HIGHWAY HONOLULU HI 96813 PAULA AKANA BOARD MEMBER 1.00 0.00 X 0 0 0 ROY ARAKAKI BOARD MEMBER 1.00 0.00 X 0 0 0 RICK BLANGIARDI BOARD MEMBER 1.00 0.00 X 0 0 0 MARK BRATTON BOARD MEMBER 1.00 0.00 X 0 0 0 CHRISTINE CAMP BOARD MEMBER 1.00 0.00 X 0 0 0 DR PAUL J CARRY BOARD MEMBER 1.00 0.00 X 0 0 0 COLTON CHING BOARD MEMBER 1.00 0.00 X 0 0 0 CRAIG CHONG BOARD MEMBER 1.00 0.00 X 0 0 0 CARL E CHOY BOARD MEMBER 1.00 0.00 X 0 0 0 DR MICHAEL J CHUN BOARD MEMBER 1.00 0.00 X 0 0 0 ADELIA CHUNG BOARD MEMBER 1.00 0.00 X 0 0 0 DR KENNY FINK BOARD MEMBER 1.00 0.00 X 0 0 0 REID FUKUMOTO BOARD MEMBER THRU 5/20/2020 1.00 0.00 X 0 0 0 LINDA GEE BOARD MEMBER 1.00 0.00 X 0 0 0 JEFFREY S HARRIS BOARD MEMBER 1.00 0.00 X 0 0 0 FRANCIS HOGAN BOARD MEMBER 1.00 0.00 X 0 0 0 KATHY ISHIMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 MELODY KAAIHUE-YOSHIDA BOARD MEMBER 1.00 0.00 X 0 0 0 ANTON KRUCKY BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL LAU BOARD MEMBER 1.00 0.00 X 0 0 0 EMILY OSHIMA LEE BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN LEONG BOARD MEMBER 1.00 0.00 X 0 0 0 RODNEY MATSUMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 SANFORD MURATA BOARD MEMBER 1.00 0.00 X 0 0 0 RACE RANDLE BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW ROSEN BOARD MEMBER 1.00 0.00 X 0 0 0 RUSSEL SAIKI BOARD MEMBER THRU 5/20/2020 1.00 0.00 X 0 0 0 KEITH M SAKAMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL STREET BOARD MEMBER 1.00 0.00 X 0 0 0 GUY TAMASHIRO BOARD MEMBER 1.00 0.00 X 0 0 0 REBECCA S WARD BOARD MEMBER THRU 5/20/2020 1.00 0.00 X 0 0 0 JOHN WHITE BOARD MEMBER 1.00 0.00 X 0 0 0 LANCE WILHELM BOARD MEMBER 1.00 0.00 X 0 0 0 REUBEN SF WONG BOARD MEMBER 1.00 0.00 X 0 0 0 JIM YATES BOARD MEMBER 1.00 0.00 X 0 0 0 LESLI YOGI BOARD MEMBER 1.00 0.00 X 0 0 0 GARY YOSHIDA BOARD MEMBER 1.00 0.00 X 0 0 0 STEVEN C AI VICE CHAIR 1.00 0.00 X X 0 0 0 TIM JOHNS VICE CHAIR 1.00 0.00 X X 0 0 0 LYNETTE LO TOM VICE CHAIR THRU 5/20/2020 1.00 0.00 X X 0 0 0 ROY CATALANI VICE CHAIR 1.00 0.00 X X 0 0 0 BENJAMIN AKANA SECRETARY 1.00 0.00 X X 0 0 0 JOAN FUJITA TREASURER 1.00 0.00 X X 0 0 0 WAYNE HAMANO CHAIRMAN BOD 1.00 0.00 X X 0 0 0 MICHAEL BRODERICK PRESIDENT/CEO 40.00 0.00 X 347893 0 41747 MICHAEL DOSS EXECUTIVE VICE PRESIDENT/COO 40.00 0.00 X 157822 0 33092 MICHAEL CHINAKA SENIOR VICE PRESIDENT/CFO 40.00 0.00 X 126982 0 29019 KERRI VAN DUYNE VP OF DEVELOPMENT 40.00 0.00 X 104011 0 33711 LISA ONTAI VP OF MARKETING AND MISSION 40.00 0.00 X 92268 0 17418 WALLACE PURVIS EXECUTIVE DIRECTOR-NUUANU 40.00 0.00 X 109373 0 19471 LYNNELLE HASEGAWA CONTROLLER 40.00 0.00 X 113038 0 13565 1051387 0 188023 6 0 1 0 G70 111 S KING ST SUITE 170 HONOLULU HI 96813 ARCHITECT SERVICES 386981 CUMMING CONSTRUCTION MANAGEMENT INC 25220 HANCOCK AVE SUITE 440 MURRIETA CA 92562 PROJECT MANAGEMENT 224965 2 16781 11593 7744510 2041424 66793 9814308 YOUTH DEVELOPMENT PROGRAMS 900099 4813363 4813363 HEALTHY LIVING PROGRAMS 900099 4376283 4376283 SOCIAL RESPONSIBILITY PROGRAMS 900099 872767 872767 10062413 477899 477899 162994 7288 155706 155706 155706 7274385 6171001 1103384 1103384 1103384 72663 11593 21338 51325 51325 14155 4737 9418 9418 EMPLOYEE RETENTION CREDIT 900099 382120 382120 382120 22056573 10062413 0 2179852 51300 51300 983963 190914 655327 137722 9890722 8692832 1018300 179590 769992 711415 44974 13603 996184 860759 127146 8279 1961999 1798147 137493 26359 65738 65738 107000 60000 47000 40577 40577 46298 46298 889935 784315 84160 21460 109793 83041 26752 2166854 1839143 280423 47288 1703429 1643990 51199 8240 195835 193504 2226 105 24480 4593 3963 15924 255422 249031 6367 24 1858189 1801880 48964 7345 356862 289746 58362 8754 BAD DEBT 152615 152408 207 OTHER 26771 18194 5319 3258 MEMBERSHIP DUES 12957 12633 323 1 22666915 19437845 2683789 545281 8500 8500 5226428 4612465 0 0 2676046 1611032 0 0 0 0 0 0 46940 43917 414246 194845 69387302 33591681 32879221 35795621 22731883 20924873 0 0 0 0 0 0 0 0 63983264 63191253 2721047 2815505 0 0 1886760 591180 0 0 0 0 0 0 0 0 0 0 8802 7812 4616609 3414497 X 45904803 45714294 13461852 14062462 59366655 59776756 63983264 63191253 X -610342 1014567 5876 X 0 1 X 1 1 1 X 4892486 6188351 6674665 6326273 9814308 33896083 4892486 6188351 6674665 6326273 9814308 33896083 33896083 497862 625535 670676 756037 640893 3191003 409414 288556 2764820 397563 468938 4329291 41416377 102095938 0.81840 0.80640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INVENTORY SALES - 2016 AMOUNT: $ 123,894. 2017 AMOUNT: $ 146,055. 2018 AMOUNT: $ 155,791. 2019 AMOUNT: $ 166,131. 2020 AMOUNT: $ 14,155. OTHER - 2016 AMOUNT: $ 211,422. 2017 AMOUNT: $ 36,656. 2018 AMOUNT: $ 2,474,800. SPECIAL EVENT REVENUE - 2016 AMOUNT: $ 74,098. 2017 AMOUNT: $ 105,845. 2018 AMOUNT: $ 134,229. 2019 AMOUNT: $ 231,432. 2020 AMOUNT: $ 72,663. EMPLOYEE RETENTION CREDIT - 2020 AMOUNT: $ 382,120. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 5667385 165141 687240 191312 6328454 4883767 52767 923519 192668 5667385 5128386 102706 -156877 190448 4883767 4585437 96997 629317 183365 5128386 4388315 79447 282743 165068 4585437 0.49820 0.50180 0 0 5557770 5557770 45054984 22217702 22837282 2384922 648096 1736826 12045489 10725883 1319606 4344137 4344137 35795621 OTHER LIABILITIES 7812 7812 X 23030718 1014567 5876 1020443 22010275 46298 46298 22056573 22620617 0 22620617 46298 46298 22666915 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS GENERALLY NOT SUBJECT TO FEDERAL INCOME TAXES. HOWEVER, THE ASSOCIATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED, AS IT IS THE OPINION OF MANAGEMENT THAT NET INCOME FROM ANY UNRELATED TRADE OR BUSINESS, IF ANY, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2017. PART V ENDOWMENT FUNDS FORM 990, SCHEDULE D, PART V, LINE 4 THE CORPUS IS TO BE MAINTAINED IN PERPETUITY WITH THE EARNINGS ON THE ENDOWMENT FUNDS, WHICH WILL BE USED TO SUPPORT YMCA OF HONOLULU PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG FAMILIES, LEADERSHIP SKILLS, VALUE DEVELOPMENT, INTERNATIONAL UNDERSTANDING, AND COMMUNITY DEVELOPMENT. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 GIFTS-IN-KIND RECORDED ON THE AUDITED FINANCIAL STATEMENTS: $5,876 X X X X X X X 1 DONOR BY DESIGN GROUP LLC 724 N ELIZABETH AVE FERGUSON MO 63135 CAP CAMPGN 0 0 25801 0 THE FUND DEVELOPMENT 4348 WAIALAE AVE 282 HONOLULU HI 96822 GOVT GRANT CONSULTANT 0 0 13678 0 39479 HI ANNUAL SUPPORT 82091 11593 70498 11593 8619 YOUTH 2165 2165 1126 84256 11593 72663 11593 9745 21338 51325 SCHEDULE G, PART I, LINE 2B THE PROFESSIONAL FUNDRAISERS LISTED ON PART I LINE 2B, PROVIDED CONSULTING SERVICES TO ASSIST THE YMCA OF HONOLULU IN ITS FUNDRAISING EFFORTS, AND ARE NOT ATTRIBUTED TO ANY SPECIFIC CHARITABLE CONTRIBUTIONS RAISED. 1 TAKITANI SCHOLARSHIPS 24 49000 N/A N/A CAREER OPPORTUNITY SCHOLARSHIP 1 2300 N/A N/A FORM 990, SCHEDULE I, PART I, LINE 2 PART III, LINE 1: THE YMCA OF HONOLULU AWARDS SCHOLARSHIPS TO DESERVING YMCA YOUTH PARTICIPANTS WHO PLAN TO PURSUE HIGHER EDUCATION IN HAWAII AND ON THE MAINLAND UNITED STATES. THESE SCHOLARSHIPS ARE FUNDED BY THE TAKITANI FOUNDATION AND ARE GIVEN TO STUDENTS STARTING FROM THEIR SENIOR YEAR OF HIGH SCHOOL. APPLICATIONS WERE COLLECTED AND A SELECTION COMMITTEE COMPRISED OF PROFESSIONALS IN THE EDUCATION FIELD AWARDED TWENTY FOUR (24) SCHOLARSHIPS FOR A TOTAL OF $49,000 IN 2020. FORM 990, SCHEDULE I, PART I, LINE 2 PART III, LINE 2: THE YMCA OF HONOLULU ALSO PROVIDES SCHOLARSHIPS TO INDIVIDUALS WHO EXPRESS A DESIRE TO SATISFY EDUCATIONAL REQUIREMENTS TO QUALIFY FOR CAREER OPPORTUNITIES IN THE YMCA MOVEMENT. THESE SCHOLARSHIPS ARE GIVEN BASED ON FUNDS AVAILABLE AND UPON REVIEW AND APPROVAL OF REQUESTS BY THE PRESIDENT AND CEO. BOTH OF THESE SCHOLARSHIPS ARE GIVEN FOR TUITION AND ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION OR REIMBURSED UPON SUBMISSION OF A TUITION RECEIPT. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL BRODERICK PRESIDENT/CEO 237893 0 110000 0 0 0 41747 0 0 0 389640 0 0 0 MICHAEL DOSS EXECUTIVE VICE PRESIDENT/COO 155822 0 2000 0 0 0 18939 0 14153 0 190914 0 0 0 MICHAEL CHINAKA SENIOR VICE PRESIDENT/CFO 124982 0 2000 0 0 0 15238 0 13781 0 156001 0 0 0 ADDITIONAL COMPENSATION ITEMS SOCIAL CLUB DUES - PROVIDED TO MICHAEL BRODERICK. THIS IS NOT INCLUDED IN COMPENSATION AS THE MEMBERSHIP IS USED PRIMARILY FOR BUSINESS PURPOSES AND EXPENSES ARE SUBJECT TO THE ORGANIZATION'S ACCOUNTABLE PLAN REIMBURSEMENT PROCEDURES. X 1132 REPLACEMENT COST X 10 55200 AVG MARKET PRICE X 1 1200 REPLACEMENT COST X 4 5761 REPLACEMENT COST X GIFT CERTIFICATES 1 3500 REDEMPTION VALUE 0 0 1 0 FORM 990, PART III, LINE 3 IN DECEMBER 2019, A NOVEL STRAIN OF CORONAVIRUS (COVID-19) SURFACED AND SPREAD GLOBALLY. COVID-19 WAS DECLARED A GLOBAL PANDEMIC BY THE WORLD HEALTH ORGANIZATION ON MARCH 11, 2020 AND THE PRESIDENT OF THE UNITED STATES DECLARED THE COVID-19 OUTBREAK A NATIONAL EMERGENCY ON MARCH 13, 2020. THIS PANDEMIC HAS NEGATIVELY AFFECTED THE US AND GLOBAL ECONOMIES, DISRUPTED GLOBAL SUPPLY CHAINS AND FINANCIAL MARKETS, AND LED TO SIGNIFICANT TRAVEL AND TRANSPORTATION RESTRICTIONS. DUE TO COVID-19 STAY-AT-HOME AND SHUTDOWN ORDERS, THE ASSOCIATION TEMPORARILY SUSPENDED OPERATIONS AT ITS BRANCHES FROM MARCH 16, 2020 AND REOPENED OPERATIONS IN VARIOUS PHASES THROUGHOUT 2020. AS A RESULT OF THE IMPACT FROM COVID-19 THROUGHOUT 2020, THE ASSOCIATION CONTINUED TO EXPERIENCE A SIGNIFICANT DECLINE IN DEMAND FROM MEMBERS, AND WERE FORCED TO LIMIT PROGRAM PARTICIPANTS, WHICH NEGATIVELY AFFECTED REVENUE FOR THE 2020 YEAR. THE IMPACT OF THE COVID-19 PANDEMIC REMAINS FLUID AND THE EXTENT OF THE FUTURE IMPACT TO THE OPERATIONS MAY BE SIGNIFICANT. THEREFORE, THE ASSOCIATION IS UNABLE TO PREDICT THE EXTENT OR NATURE OF THESE EFFECTS AT THIS TIME. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS DELEGATES ITS AUTHORITY TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS MADE UP OF 13 MEMBERS OF THE BOARD OF DIRECTORS, NO OUTSIDE MEMBERS, AND CAN ACT ON BEHALF OF THE BOARD, E.G. ALL POWERS OF THE BOARD, IN MONTHS THAT THE BOARD DOES NOT MEET. FORM 990, PART VI, SECTION A, LINE 2 STEVEN AI, PRESIDENT & CEO OF CITY MILL, AND JIM YATES, BOARD MEMBER OF CITY MILL, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE & THE EXECUTIVE COMMITTEE, WHO ACTS ON BEHALF OF THE BOARD OF DIRECTORS IN MONTHS THAT THE BOARD DOES NOT MEET, REVIEWED AND APPROVED FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. A COPY OF FORM 990, AS FILED WITH THE INTERNAL REVENUE SERVICE, WILL BE PROVIDED TO EACH AND EVERY FINANCE COMMITTEE MEMBER & BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CFO IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS. PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT SHE: (1) HAS RECEIVED A COPY OF THE CONFLICTS OR INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICTS OF INTEREST QUESTIONNAIRE. IF IT IS DETERMINED THAT AN OFFICER, DIRECTOR OR KEY EMPLOYEE HAS A CONFLICT OF INTEREST, THE PERSON IS ASKED TO LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. THE BOARD OF DIRECTORS DISCUSSES THE ARRANGEMENT AND ITS ALTERNATIVES. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS DETERMINES BY A MAJORITY VOTE OF DISINTERESTED MEMBERS THAT THE ARRANGEMENT IS IN THE Y'S BEST INTEREST, IS FAIR AND REASONABLE TO THE Y AND WHETHER TO ENTER THE ARRANGEMENT. THE MINUTES OF THE BOARD CONTAINS THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A CONFLICT OF INTEREST AND THE NATURE OF THE CONFLICT OF INTEREST. THE MINUTES OF THE BOARD ALSO CONTAIN THE NAMES OF THE PERSONS WHO WERE PRESENT FOR THE DISCUSSION AND THE VOTE RELATING TO THE ARRANGEMENT, THE CONTENT OF THE DISCUSSION (INCLUDING ANY ACTION TAKEN TO DETERMINE WHETHER THE CONFLICT OF INTEREST WAS IN THE Y'S BEST INTEREST AND ANY ALTERNATIVES TO THE PROPOSED ARRANGEMENT), AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15A THE YMCA OF HONOLULU'S BOARD OF DIRECTOR COMPENSATION COMMITTEE (THE "COMMITTEE") IS COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, AND IS ACCOUNTABLE FOR SETTING A REASONABLE COMPENSATION FOR THE CEO. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND INCENTIVE COMPENSATION CRITERIA FOR THE CEO. THE ASSOCIATION'S WRITTEN RECORDS INCLUDE: (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF ANY COMPARABLE DATA USED. APPROPRIATE COMPARABILITY DATA FOR BOTH THE FIXED AND INCENTIVE COMPENSATION IS OBTAINED FROM THE FOLLOWING: (1) VIA THE YMCA-USA, THE NATIONAL ORGANIZATION THAT CHARTERS ALL YMCA ORGANIZATIONS ACROSS THE USA, AND (2) VIA SURVEYS OF LOCAL BASED, SIMILAR SIZED COMPANIES, BOTH FOR-PROFIT AND NOT-FOR-PROFIT, WITH SIMILAR RESPONSIBILITIES. COMPARABILITY DATA USED IS DRAWN FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN HAWAII AND ON THE MAINLAND. THE COMMITTEE ALSO OBTAINS A WRITTEN OPINION ON THE APPROPRIATENESS OF THE CEO'S FIXED & INCENTIVE COMPENSATION FROM THE HUMAN RESOURCES COMMITTEE, AND DEVELOPS A RECOMMENDATION THAT IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MET IN FEBRUARY 2020 TO DETERMINE THE AMOUNT OF FIXED & INCENTIVE COMPENSATION, IF ANY, TO PAY THE CEO BASED OFF OF THE 2019 PERFORMANCE GOALS AND EVALUATIONS. THE MINUTES OF THE MEETINGS TO DETERMINE COMPENSATION INCLUDE A LIST OF MEMBERS PRESENT, THE ACTIONS APPROVED BY THE BOARD OF DIRECTORS, AND A DESCRIPTION OF THE COMPARABILITY DATA USED. THE BOARD OF DIRECTORS HAS APPOINTED THE CEO IN CHARGE OF SETTING REASONABLE COMPENSATION PACKAGES FOR ITS OTHER SENIOR STAFF WHO ARE ALSO OFFICERS OR KEY EMPLOYEES OF THE YMCA OF HONOLULU. THE CEO IN CONJUNCTION WITH THE HR DIRECTOR, AND CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, DEVELOPS THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND INCENTIVE COMPENSATION CRITERIA FOR YMCA'S EMPLOYEES. THE ASSOCIATION'S WRITTEN RECORDS INCLUDE: (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF ANY COMPARABLE DATA RELIED UPON BY THE CEO & HR DIRECTOR. APPROPRIATE COMPARABILITY DATA IS OBTAINED VIA THE YMCA-USA, THE NATIONAL ORGANIZATION THAT CHARTERS ALL YMCA ORGANIZATIONS ACROSS THE USA. COMPARABILITY DATA USED IS DRAWN FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN HAWAII AND ON THE MAINLAND. THIS ANALYSIS FOR KEY EMPLOYEE COMPENSATION WAS LAST PERFORMED IN JANUARY 2020. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND PRIOR YEARS' FORM 990 AVAILABLE ON ITS WEBSITE. FORM 990, PART XI, LINE 9: GIFTS-IN-KIND RECORDED ON THE AUDITED FINANCIAL STATEMENTS 5,876.