2020-11-10T12:03:28-06:00 2019-12-31 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2019-01-01 526080752 HILLWOOD ESTATE MUSEUM & GARDENS HILL 2026868500 4155 LINNEAN AVENUE NW WASHINGTON DC 20008 LUCY RHAME TREASURER 2026868500 2020-11-10 1 OLIVIA A HUTTON CPA P00964688 5406623417 2020-11-10 216.12.34.10 2020-11-10 09:19:52 ES P 4C55A12B56ECE78AA6F1D464409FF7DA8692C827 25EF32FC1B42CB62A1E9A744BE2C63FF94A84EB3 2019 2021-01-29 14:40:06Z LUCY RHAME 4155 LINNEAN AVENUE NW WASHINGTON DC 20008 25687693 0 X WWW.HILLWOODMUSEUM.ORG X 1967 DC HILLWOOD ESTATE, MUSEUM & GARDEN'S (HILLWOOD) MISSION IS TO SHARE THE RENOWNED ART COLLECTIONS, EXCEPTIONAL GARDENS AND RELATED PUBLIC AND EDUCATIONAL PROGRAMS WITH A WIDE AND DIVERSE AUDIENCE. SINCE ITS OPENING, HILLWOOD HAS SERVED HUNDREDS-OF-THOUSANDS OF VISITORS, INCLUDING LOCAL AND VISITING MEMBERS OF THE GENERAL PUBLIC, FAMILIES (TRADITIONAL AND NON-TRADITIONAL), CURATORS AND SCHOLARS, AND PRE-SCHOOL THROUGH HIGH SCHOOL STUDENTS. 31 31 139 373 0 0 7761859 3789441 178925 847562 11627692 11383549 241779 406395 19810255 16426947 0 0 0 0 6407666 6496603 0 0 607146 5617827 5353850 12025493 11850453 7784762 4576494 249743160 293867998 1987611 1787108 247755549 292080890 X HILLWOOD ESTATE, MUSEUM & GARDEN'S (HILLWOOD) MISSION IS TO SHARE THE RENOWNED ART COLLECTIONS, EXCEPTIONAL GARDENS AND RELATED PUBLIC AND EDUCATIONAL PROGRAMS WITH A WIDE AND DIVERSE AUDIENCE. SINCE ITS OPENING, HILLWOOD HAS SERVED HUNDREDS-OF-THOUSANDS OF VISITORS, INCLUDING LOCAL AND VISITING MEMBERS OF THE GENERAL PUBLIC, FAMILIES (TRADITIONAL AND NON-TRADITIONAL), CURATORS AND SCHOLARS, AND PRE-SCHOOL THROUGH HIGH SCHOOL STUDENTS. 0 0 4838885 PHYSICAL PLANT: HILLWOOD'S TWENTY-FIVE ACRE ESTATE COMPRISES TWELVE ACRES OF MANICURED GARDENS, INCLUDING A JAPANESE-STYLE GARDEN, A FRENCH PARTERRE, A ROSE GARDEN, PUTTING GREEN, CUTTING GARDEN, AND MANY PATHWAYS WINDING THROUGH AZALEAS AND OTHER BLOOMING SHRUBS, SURROUNDED BY THIRTEEN ACRES OF WOODLANDS. THE 26,000 SQUARE FOOT MANSION, OPEN TO THE PUBLIC, DISPLAYS POST'S EXTENSIVE ART COLLECTIONS IN THE ORIGINAL DOMESTIC SETTING SHE CREATED FOR HER OWN AND HER GUESTS' ENJOYMENT AND TO BE LEFT FOR THE BENEFIT OF THE PUBLIC AFTER HER DEMISE. OTHER BUILDINGS ON THE CAMPUS INCLUDE THE VISITORS CENTER, GREENHOUSES, CAFE, LIBRARY, TWO BUILDINGS WHERE SPECIAL EXHIBITS ARE SHOWN, AND NUMEROUS STAFF BUILDINGS. THERE ARE A TOTAL OF SIXTEEN STRUCTURES AND ONE PARKING DECK ON SITE. 2303116 COLLECTIONS: IMPORTANT COLLECTIONS OF RUSSIAN IMPERIAL ART, FRENCH DECORATIVE ARTS, COSTUMES, TEXTILES AND JEWELRY ARE DISPLAYED IN THE MANSION AND THROUGH SPECIAL EXHIBITIONS. HIGHLIGHTS OF THE RUSSIAN COLLECTION INCLUDE AN 1884 DIAMOND CROWN WORN BY THE LAST EMPRESS ALEXANDRA AT HER MARRIAGE TO NICHOLAS II; AND A COMPREHENSIVE COLLECTION OF SOME EIGHTY WORKS BY FABERGE, INCLUDING TWO IMPERIAL EASTER EGGS. THE FRENCH HOLDINGS INCLUDE FUNISHINGS, TAPESTRIES AND PORCELAIN, PRIMARILY FROM THE 18TH CENTURY, NUMEROUS PIECES OF FAMED SEVRES PORCELAIN AND SPECTACULAR BEAUVAIS TAPESTRIES DESIGNED BY FRANCOIS BOUCHER. THE FASHION HOLDINGS SPAN THE FIRST SEVEN DECADES OF THE TWENTIETH CENTURY AND THE JEWELRY COLLECTION FEATURES HISTORICAL PIECES AND WORKS FROM THE MAIN JEWELRY HOUSES FOT EH 1900'S, INCLUDING CARTIER, HARRY WINSTON ADN VAN CLEEF & ARPELS. IN TOTAL, HILLWOOD'S COLLECTIONS INCLUDE SOME 20,000 OBJECTS. 1971398 1066998 INTERPRETATION AND PROGRAMS: THROUGH ITS IMMERSIVE VISITOR EXPERIENCE, ROBUST CALENDAR OF SPECIAL EXHIBITIONS AND PUBLIC AND EDUCATIONAL PROGRAMS, HILLWOOD SERVES OVER 80,000 INDIVIDUALS ANNUALLY. ALL VISITORS TO HILLWOOD HAVE ACCESS TO INFORMATIONAL TOURS, INCLUDING DOCENT-LED TOURS, SELF-GUIDED TOURS ACCOMPANIED BY RICH INFORMATIONAL BOOKLETS AVAILABLE IN ENGLISH, FRENCH, SPANISH AND RUSSIAN, AND SELF-GUIDED AUDIO TOURS FOR THE MANSION AND GARDENS, ALL OF WHICH ARE SUPPLEMENTED BY EXPLANATORY OBJECT LABELS.HILLWOOD ROUTINELY ENGAGES WITH COMMUNITY PARTNERS THAT INCLUDE, BUT ARE NOT LIMITED TO THE ART DECO SOCIETY, ENVIRONMENTAL FILM FESTIVAL, LEVINE SCHOOL OF MUSIC, RAINBOW FAMILIES, KIDS EUROFEST, GIRL SCOUT TROOPS REGION-WIDE, AS WELL AS EMBASSIES SUCH AS FRENCH, BELGIAN, SPANISH AND THE NETHERLANDS. 9113399 1 1 0 1 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 26 0 1 139 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X DOUGLAS ROSE 2026868500 4155 LINNEAN AVENUE NW WASHINGTON DC 20008 MARCIA DEWITT PRESIDENT 3.00 X X 0 0 0 ELLEN MACNEILLE CHARLES PRESIDENT EMERITA 2.00 X X 0 0 0 CALVIN H BAKER VICE PRESIDENT 1.00 X X 0 0 0 AMY MEADOWS FIRST VICE PRESIDENT 1.00 X X 0 0 0 KATHRYN VIGE HICKS SECRETARY 1.00 X X 0 0 0 LUCY S RHAME TREASURER 1.00 X X 0 0 0 JOCELYN LINKE ASSISTANT TREASURER 1.00 X X 0 0 0 NANCY APPLEBY TRUSTEE 1.00 X 0 0 0 AMY BALLARD TRUSTEE 1.00 X 0 0 0 BARBARA D BOGGS TRUSTEE 1.00 X 0 0 0 SUSAN BOLLENDORF TRUSTEE 1.00 X 0 0 0 SALLY E CHAPOTON TRUSTEE 1.00 X 0 0 0 HENRY A DUDLEY JR TRUSTEE 1.00 X 0 0 0 SOPHIE HAWKINS TRUSTEE 1.00 X 0 0 0 JOSHUA HILDRETH TRUSTEE 1.00 X 0 0 0 ANDREW IVERSON TRUSTEE 1.00 X 0 0 0 GEORGE D IVERSON TRUSTEE 1.00 X 0 0 0 BETSY SCOTT KLEEBLATT TRUSTEE 1.00 X 0 0 0 MARK LOWHAM TRUSTEE 1.00 X 0 0 0 ALISON MARTIN TRUSTEE 1.00 X 0 0 0 JOAN MULCAHY TRUSTEE 1.00 X 0 0 0 JEANNETTE PETITE TRUSTEE 1.00 X 0 0 0 JUDY PHARES TRUSTEE 1.00 X 0 0 0 W BRETT REES TRUSTEE 1.00 X 0 0 0 PRISCILLA R ROOSEVELT TRUSTEE 1.00 X 0 0 0 NEDENIA C RUMBOUGH TRUSTEE 1.00 X 0 0 0 STANLEY H RUMBOUGH TRUSTEE 1.00 X 0 0 0 BETH NEWBURGER SCHWARTZ TRUSTEE 1.00 X 0 0 0 JANICE SHRADER TRUSTEE 1.00 X 0 0 0 DOUGLAS REID WEIMER ESQ TRUSTEE 1.00 X 0 0 0 GAIL BERRY WEST TRUSTEE 1.00 X 0 0 0 KATE MARKERT EXECUTIVE DIRECTOR 40.00 X 416111 0 56148 LYNN ROSSOTTI DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 128345 0 26764 DOUGLAS ROSE DIRECTOR OF FINANCE 40.00 X 122752 0 6137 BRIAN BARR DIRECTOR OF HORTICULTURE 40.00 X 118543 0 12838 SAMANTHA HERNANDEZ DIRECTOR OF HUMAN RESOURCES 40.00 X 117875 0 5652 WILFRIED ZEISLER CHIEF CURATOR 40.00 X 111738 0 12642 1015364 0 120181 8 0 1 0 THE WHITING TURNER CONTRACTING CO 412 MOUNT KEMBLE AVE MORRISTOWN NJ 07960 CONSTRUCTION SERVICES 568909 EWING COLE INC 100 NORTH 6TH STREET PHILADELPHIA PA 19106 ARCHITECT DESIGN SERVICES 468821 LAPLACA COHEN ADVERTISING INC 43 WEST 24 STREET NEW YORK NY 10010 ADVERTISING 438495 C&W SERVICES 140 KENDRICK STREET NEEDHAM MA 02494 CUSTODIAL SERVICES 197615 CONSTELLATION CULINARY 667 N BROAD ST PHILADELPHIA PA 19123 CAFE SERVICES 160087 11 634201 839708 2315532 1533123 3789441 ADMISSIONS 900099 662443 662443 INTERPRETATION AND PROGRAMS 900099 185119 185119 847562 5112454 5112454 6272 6272 14928408 8657313 6271095 6271095 6271095 346827 166540 180287 180287 656329 436893 219436 219436 HONORARIA 900099 400 400 400 16426947 1066998 0 11570508 472259 472259 4980162 3997958 633367 348837 223883 165869 43541 14473 406739 342941 33875 29923 413560 306396 80430 26734 10811 895 9916 178 178 45529 45529 13215 13215 240611 240611 59554 42999 3807 12748 441916 374406 40361 27149 1048192 888063 95733 64396 178046 150847 16261 10938 974063 947565 23834 2664 119795 101494 10941 7360 687077 475847 196053 15177 787124 676827 106784 3513 380346 312105 59549 8692 COLLECTIONS PURCHASED 152500 152500 HOUSE CONSERVATION PROJ 95881 95881 DUES AND SUBSCRIPTIONS 49139 41632 4488 3019 HONORARIA 38700 32788 3535 2377 31173 6386 8856 15931 11850453 9113399 2129908 607146 34646 223294 37364438 28864646 789490 1066663 458178 450680 88791 123777 42522248 33007589 8939842 9514659 202046120 253624279 21655 0 249743160 293867998 1464933 1264952 522 522156 522156 1987611 1787108 X 242770580 286265185 4984969 5815705 247755549 292080890 249743160 293867998 4576494 39748847 0 X X 0 1 X 1 0 X 1998141 2816225 2911158 7761859 3789441 19276824 1998141 2816225 2911158 7761859 3789441 19276824 2587390 16689434 4960270 5220533 4867390 4877344 5118726 25044263 65601 16020 25000 328 847562 954511 45275598 4954264 0.36860 0.34290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 13215 13215 0 PART II-B, LINE 1: HILLWOOD JOINED A CONSORTIUM IN ENGAGING AN OUTSIDE PARTY TO LOBBY ON BEHALF OF DC CULTURAL INSTITUTIONS. X X X 0 7299148 7299148 30196683 29927686 268997 3510608 3079903 430705 1515809 1515809 9514659 EQUITIES 175968942 F FIXED INCOME 49293536 F COMMON STOCK 28361801 F 253624279 DEFERRED TAX LIABILITY 522156 522156 X 56538616 39748847 603433 40352280 16186336 240611 240611 16426947 12213275 603433 603433 11609842 240611 240611 11850453 PART III, LINE 1A: HILLWOOD ACQUIRED ITS COLLECTIONS PRIMARILY FORM THE ESTATE OF MARJORIE MERRIWEATHER POST, THOUGH OTHER ITEMS ARE ACQUIRED THROUGH PURCHASES. ALL COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSIONG THEIR CONDITION ARE CONTINUOUSLY PERFORMED. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES TO NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: HILLWOOD WAS THE HOME OF THE LATE COLLECTOR/PHILANTHROPIST MAJORIE MERRIWEATHER POST. FOLLOWING HER DEATH IN 1973, THE 25-ACRE ESTATE, TOGETHER WITH AN INTERNATIONALLY IMPORTANT COLLECTION OF MORE THAN 16,000 WORKS OF ART OPENED TO THE PUBLIC IN 1977. HILLWOOD'S MISSION IS TO SHARE ITS RENOWNED ART COLLECTIONS AND RELATED PUBLIC AND EDUCATIONAL PROGRAMS WITH A WIDE AND DIVERSE AUDIENCE. SINCE ITS OPENING, HILLWOOD HAS SERVED HUNDREDS -OF -THOUSANDS OF VISITORS, INCLUDING LOCAL AND VISITING MEMBERS OF THE GENERAL PUBLIC, FAMILIES (TRADITIONAL AND NON-TRADITIONAL), CURATORS AND SCHOLARS, AND PRE-SCHOOL THROUGH HIGH SCHOOL STUDENTS. FOR ADDITIONAL INFORMATION REGARDING THE COLLECTIONS, PLEASE REFER TO FORM 990, PART III, LINE 4B. PART X, LINE 2: HILLWOOD REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF ITS ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAINTY IN INCOME TAXES. FOR THE YEAR ENDED DECEMBER 31, 2019, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAXES REQUIRING RECOGNITION OR DISCLOSURE OF THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD EXPENSE 436,893. FUNDRAISER COST 166,540. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD EXPENSE 436,893. FUNDRAISING COST 166,540. BLACK & WHITE GALA 264832 264832 78834 750 54418 THE ART OF SEDUCTION FEB 14 EVENT 81995 81995 28341 4197 346827 346827 107175 750 58615 166540 180287 X X 1 1 X X 0 0 0 0 0 0 0 0 0 KATE MARKERT EXECUTIVE DIRECTOR 347711 0 0 0 68400 0 0 0 56148 0 472259 0 0 0 LYNN ROSSOTTI DIRECTOR OF EXTERNAL AFFAIRS 128345 0 0 0 0 0 0 0 26764 0 155109 0 0 0 PART I, LINE 1A DURING THE YEAR ENDED DECEMBER 31, 2019, KATE MARKERT, EXECUTIVE DIRECTOR, RECEIVED THE FOLLOWING BENEFITS SHOWN IN SCHEDULE J, PART I, LINE 1A: HOUSING ALLOWANCE, A TAXABLE BENEFIT, IN THE AMOUNT OF $68,400 SOCIAL CLUB DUES, A NON-TAXABLE BENEFIT, IN THE AMOUNT OF $2,945 X 26 1533123 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 HILLWOOD ESTATE, MUSUEM & GARDEN'S (HILLWOOD) MISSION IS TO SHARE THE RENOWNED ART COLLECTIONS, EXCEPTIONAL GARDENS AND RELATED PUBLIC AND EDUCATIONAL PROGRAMS WITH A WIDE AND DIVERSE AUDIENCE. SINCE ITS OPENING, HILLWOOD HAS SERVED HUNDREDS-OF-THOUSANDS OF VISITORS, INCLUDING LOCAL AND VISITING MEMBERS OF THE GENERAL PUBLIC, FAMILIES (TRADITIONAL AND NON-TRADITIONAL), CURATORS AND SCHOLARS, AND PRE-SCHOOL THROUGH HIGH SCHOOL STUDENTS. FORM 990, PART VI, SECTION A, LINE 2 NEDENIA C RUMBOUGH AND STANLEY H RUMBOUGH, TRUSTEES, HAVE A FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE DRAFT RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE AUDIT COMMITTEE AND IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO BEING FINALIZED. IF NO CORRECTIONS ARE NOTED, IT IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, COMMITTEE MEMBERS, OFFICER, AND SENIOR STAFF ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT, CERTIFYING AN UNDERSTANDING OF THE POLICY AND DISCLOSING ANY KNOWN CONFLICTS OF INTEREST. HILLWOOD CONDUCTS A PERIODIC REVIEW OF COMPENSATION AND BUSINESS ARRANGEMENTS FOR COMPLIANCE WITH THE POLICY. IN CONNCECTION WITH ANY ACTUAL OF POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE ALL MATERIAL ACTS TO THE BOARD OR COMMITTEE MEMBERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE MEETING DURING DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITEE SHALL DETERMINE WHETHER HILLWOOD CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCTING A CONFLICT OF INTEREST, THE BOARD OR COMMITEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN HILLWOOD'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 AS AN EMPLOYER, HILLWOOD BELIEVES THAT IT IS IN THE BEST INTEREST OF BOTH THE ORGANIZATION AND ITS EMPLOYEES TO FAIRLY COMPENSATE ITS WORKFORCE FOR THE VALUE OF THE WORK PROVIDED. IT IS HILLWOOD'S INTENTION TO USE A COMPENSATION SYSTEM THAT WILL DETERMINE THE CURRENT MARKET VALUE OF A POSITION BASED ON THE SKILLS, KNOWLEDGE AND BEHAVIORS REQUIRED OF A FULLY COMPETENT INCUMBENT. THE SYSTEM USED WILL BE OBJECTIVE AND NONDISCRIMINATORY IN THEORY, APPLICATION AND PRACTICE. COMPENSATION CRITERIA: THE HUMAN RESOURCES DIRECTOR PRICES POSITIONS TO MARKET BY USING LOCAL, REGIONAL, AND INDUSTRY SPECIFIC SURVEY DATA. THE MARKET DATA PRIMARILY INCLUDES MUSEUMS, NON-PROFITS AND OTHER SIMILAR INSTITUTIONS; INCLUDES SURVEY DATA FOR MORE SPECIALIZED POSITIONS (FOR EXAMPLE, INFORMATION SYSTEMS, MARKETING, HUMAN RESOURCES); AND ADDRESSES ANY SIGNIFICANT MARKET DIFFERENCES DUE TO GEOGRAPHICAL LOCATION. THE SYSTEM EVALUATES EXTERNAL EQUITY, WHICH IS THE RELATIVE MARKETPLACE JOB WORTH OF EVERY MUSEUM JOB DIRECTLY COMPARABLE TO SIMILAR JOBS, FACTORED FOR GENERAL ECONOMIC MARKETPLACE. THE SYSTEM EVALUATES INTERNAL EQUITY, WHICH IS THE RELATIVE WORTH OF EACH JOB IN THE COMPANY WHEN COMPARING THE REQUIRED LEVEL OF JOB COMPETENCIES, FORMAL TRAINING AND EXPERIENCE, RESPONSIBILITY, AND ACCOUNTABILITY OF ONE JOB TO ANOTHER AND ARRANGING ALL JOBS IN A FORMAL JOB STRUCTURE. RESPONSIBILITIES: AS PART OF THE ANNUAL BUDGETING PROCESS THE BOARD OF DIRECTORS REVIEWS AND APPROVE, AS APPROPRIATE, FUNDS TO BE ALLOCATED FOR TOTAL COMPENSATION, WHICH WOULD INCLUDE BASE SALARIES, BONUS, VARIABLE BASED OR INCENTIVE BASED PAY AND ALL OTHER RELATED EXPENSES, INCLUDING BENEFITS PLANS AS RECOMMENDED BY EXECUTIVE MANAGEMENT. THE BOARD SETS THE POSITION LEVEL, PAY RANGE AND SPECIFIC COMPONENTS OF THE TOTAL COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. MANAGEMENT RESPONSIBILITY: THE DIRECTOR OF HUMAN RESOURCES IS RESPONSIBLE AND ACCOUNTABLE TO THE BOARD OF DIRECTORS. IN THAT CAPACITY THEY ARE CHARGED WITH ENSURING THAT HILLWOOD IS STAFFED WITH HIGHLY QUALIFIED, FULLY COMPETENT EMPLOYEES AND THAT ALL COMPENSATION PROGRAMS ARE ADMINISTERED. FORM 990, PART VI, SECTION C, LINE 18 THE FEDERAL FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FORMS ARE AVAILABLE UPON REQUEST. X11 2C NO CHANGES FROM PRIOR YEARS