2019-08-14T11:18:55-05:00 2018-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-01-01 135562220 FEDERATION OF PROTESTANT WELFARE AGENCIES INC FEDE 2127774800 40 BROAD STREET NEW YORK NY 10004 JENNIFER JONES AUSTIN C.E.O./EXC DIR 2127774800 2019-08-08 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2019-08-08 47.19.112.229 2019-08-08 13:38:13 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C9F00FD95E436BC684235A774996A9E8B56183B1 2018 2019-02-21 02:37:17Z JENNIFER JONES AUSTIN 40 BROAD STREET NEW YORK NY 10004 13793595 0 X WWW.FPWA.ORG X 1922 NY FPWA PROMOTES THE SOCIAL AND ECONOMIC WELL-BEING OF GREATER NEW YORK'S MOST VULNERABLE AND TO HELP OUR MEMBER AGENCIES BY PROVIDING THEM WITH GRANTS, VOLUNTEERS AND NEW MERCHANDISE FOR DISTRIBUTION TO THEIR CLIENTS. WE PROVIDE FINANCIAL ASSISTANCE GRANTS TO INDIVIDUALS FACING EMERGENCY SITUATIONS LIKE EVICTION AND HOMELESSNESS. FPWA HAS BEEN WORKING SINCE 1922 TO IMPROVE THE LIVES OF LOW-INCOME NEW YORKERS. OUR NETWORK OF HUMAN SERVICE ORGANIZATIONS AND CHURCHES OPERATE OVER 1,200 PROGRAMS IN NEIGHBORHOODS THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY AND BEYOND. TOGETHER, WE SERVE OVER 1.5 MILLION LOW-INCOME NEW YORKERS OF ALL AGES, ETHNICITIES AND FAITHS EACH YEAR. 17 17 52 22 0 7632 2648805 2862464 310629 304450 1738140 2334073 2189 -17312 4699763 5483675 490926 588402 0 0 3954331 3941589 0 0 877861 2743412 2881110 7188669 7411101 -2488906 -1927426 87332687 76875134 13400786 12875237 73931901 63999897 X FPWA PROMOTES THE SOCIAL AND ECONOMIC WELL-BEING OF GREATER NEW YORK'S MOST VULNERABLE BY ADVOCATING FOR JUST PUBLIC POLICIES AND STRENGTHENING HUMAN SERVICE ORGANIZATIONS. 0 0 2599091 588402 315966 MEMBERSHIPOUR NETWORK OF HUMAN SERVICE ORGANIZATIONS AND CHURCHES OPERATE OVER 1,200 PROGRAMS IN NEIGHBORHOODS THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY AND BEYOND. WE HELP OUR MEMBER AGENCIES BY PROVIDING THEM WITH GRANTS, VOLUNTEERS AND NEW MERCHANDISE FOR DISTRIBUTION TO THEIR CLIENTS. WE HELP STRENGTHEN THEIR OPERATIONS BY PROVIDING MANAGEMENT ASSISTANCE AND WORKSHOPS. WE PROVIDE FINANCIAL ASSISTANCE GRANTS TO INDIVIDUALS FACING EMERGENCY SITUATIONS LIKE EVICTION AND HOMELESSNESS. FPWA EDUCATES LEADERS AND DECISION MAKERS SO THAT THE NEEDS OF OUR NETWORK ARE HEARD IN THE LEGISLATIVE PROCESS AND ADVOCATES ON BEHALF OF OUR AGENCIES AND THE CLIENTS THEY SERVE.IN THIS PAST YEAR, OUR WORK HAS BEEN FOCUSED ON DELIVERING ON THE GROWTH AND EXPANSION OF FPWA'S CENTER FOR LEADERSHIP DEVELOPMENT TRAINING AND OFFERINGS FOR MEMBER AGENCIES AND THE NON-PROFIT SECTOR, EXECUTING A CITY AND STATE ADVOCACY ANTI-POVERTY AGENDA THAT HAS RESULTED IN SIGNIFICANT INVESTMENTS THAT SPUR UPWARD MOBILITY FOR VULNERABLE POPULATIONS AND STRENGTHEN THE NONPROFIT COMMUNITY, AND EXPANDING OUR FAITH-BASED LEADERSHIP DEVELOPMENT THROUGH OUR FELLOWSHIP, ADVOCACY, AND YOUTH TRAININGS. 2624929 POLICY, ADVOCACY, RESEARCH FPWA'S WORK ADDRESSES THE BASIC NEEDS OF LOW-INCOME NEW YORKERS, ENSURES THAT THERE ARE INCREASING OPPORTUNITIES FOR ECONOMIC STABILITY AND MOBILITY AND ADVOCATES FOR TARGETED INVESTMENTS IN POLICIES THAT CAN MEANINGFULLY ALLEVIATE POVERTY WHILE OPENING THE DOORS TO OPPORTUNITY. 5224020 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 52 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL CO CT FL NJ NY PA RI SC X FRANK DIMAIUTA 2128011342 40 BROAD STREET NEW YORK NY 10004 ANGELA EIREF BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 ANTONIA YUILLE-WILLIAMS BOARD MEMBER 2.00 X 0 0 0 CONRAD FOA BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 CRAIG C MACKAY BOARD MEMBER 2.00 X 0 0 0 DONALD FELIX BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 EMMA JORDAN-SIMPSON BOARD MEMBER 1.00 X 0 0 0 J FRED WEINTZ JR BOARD MEMBER 2.00 X 0 0 0 JACOB DEVRIES TREASURER 4.00 X X 0 0 0 JACOB SMITH 2ND VICE CHAIR (OUTGOING) 1.00 X X 0 0 0 JAMES MARCH CHAIR 4.00 X X 0 0 0 JENNIFER PETERSON 1ST VICE CHAIR 4.00 X X 0 0 0 JOHN CIRAULO ASSISTANT SECRETARY 4.00 X X 0 0 0 MITCHELL G TAYLOR BOARD MEMBER 1.00 X 0 0 0 MITCHELL LEE BOARD MEMBER 1.00 X 0 0 0 RICHARD DEBS BOARD MEMBER 1.00 X 0 0 0 ROBERT BRIDGES JR 2ND VICE CHAIR 4.00 X X 0 0 0 ROBERT H GUTHEIL BOARD MEMBER 2.00 X 0 0 0 SIDNEY WITTER BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 STEPHEN STOREN BOARD MEMBER 2.00 X 0 0 0 THOMAS GRISSOM BOARD MEMBER 1.00 X 0 0 0 VALERIE A REARDON BOARD MEMBER 2.00 X 0 0 0 WENDY VAN AMSON SECRETARY 4.00 X X 0 0 0 ALEXANDROS HATZAKIS COO 35.00 X 161907 0 11729 FRANK DI MAIUTA CFO 35.00 X 150389 0 59833 JENNIFER JONES AUSTIN CEO & EXECUTIVE DIRECTOR 35.00 X 295989 0 36802 EMILY MILES CHIEF PROGRAM & POLICY OFFICER 35.00 X 141580 0 26826 749865 0 135190 4 0 1 0 MERCURY PUBLIC AFFAIRS LLC 437 MADISON AVE 4TH FLOOR NEW YORK NY 10022 LOBBYIST FEES/PUBLIC RELATIONS CONSULTAN 138795 ANDERSON KILL & PC 1251 6TH AVE NEW YORK NY 10020 LEGAL SERVICES 104721 2 4440 603099 2254925 2862464 MEMBERSHIP FEES 900099 195300 195300 SERVICE FEES 541900 109150 109150 304450 612039 612039 9991991 8269957 1722034 1722034 1722034 11135 4440 39963 -28828 -28828 MISCELLANEOUS 900099 11516 11516 11516 5483675 315966 0 2305245 295627 295627 292775 292775 712065 453659 208704 49702 2370395 1708974 401480 259941 197756 145505 30681 21570 415495 310887 57148 47460 245878 175637 44839 25402 104721 65337 7180 32204 60680 60680 210267 210267 604208 356206 42520 205482 111990 69872 7678 34440 168705 119301 32149 17255 3292 3292 132213 93496 25195 13522 218633 154609 41663 22361 310691 219709 59206 31776 615649 435363 117321 62965 82650 58447 15750 8453 SPECIAL PROJECTS 196138 196138 INDIR FUNDRAISING EXP 37419 37419 MISC. EXPENSES 16094 7068 1117 7909 MEMBERSHIP DUES - ORGS 7760 4730 3030 0 7411101 5224020 1309220 877861 1356446 1208402 436300 4287540 203415 236289 18551 61078 105518 12730617 2145108 11195248 10585509 38925105 28853998 20284777 18562727 14837444 13049474 87332687 76875134 530276 534542 11049110 10710995 1821400 1629700 13400786 12875237 X 52524003 44913055 1454656 921570 19953242 18165272 73931901 63999897 87332687 76875134 X -1927426 -6352693 -1651885 X X 0 1 X 1 0 X 2719913 3528869 2966203 2648805 2862464 14726254 2719913 3528869 2966203 2648805 2862464 14726254 5599026 9127228 1239789 1211809 1075175 666969 623555 4817297 64811 70235 14856 11135 161037 19704588 1369121 0.46320 0.44090 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2014 AMOUNT: $ 64,811. 2015 AMOUNT: $ 70,235. 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 14,856. 2018 AMOUNT: $ 11,135. 2781 66976 69757 7341344 7411101 520555 130139 0 0 612240 525480 495714 514330 2147764 3221646 52736 73357 68257 69077 263427 153060 131370 123929 128583 536942 805413 6917 7707 3480 2781 20885 20504914 -1981536 358106 18165272 18271234 2487928 254248 20504914 18273901 7074 244154 253895 18271234 19596484 1068688 253895 18273901 19983178 -132799 253895 19596484 0.00000 1.00000 0.00000 0 0 11016675 1282101 9734574 1713942 863007 850935 10585509 ALTERNATIVE INVESTMENTS 18562727 F 18562727 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 13049474 13049474 ACCRUED POSTRETIREMENT PAYABLE 1629700 1629700 X -1116704 -6352693 -37419 -6390112 5273408 210267 210267 5483675 7209230 45815 45815 7163415 210267 37419 247686 7411101 PART V, LINE 4: ENDOWMENT NET ASSETS CONSIST OF PERMANENTLY RESTRICTED, BOARD DESIGNATED, AND TEMPORARILY RESTRICTED FUNDS. THE PERMANENTLY RESTRICTED NET ASSETS ARE FOR THE ESTABLISHMENT OF AN ENDOWMENT FUND. THE EARNINGS FROM THE PERMANENTLY RESTRICTED ENDOWMENT SHALL BE USED TO FUND THE FEDERATION'S PROGRAM ACTIVITIES. PART X, LINE 2: FIN 48 DISCLOSURE: FPWA BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2018 AND 2017 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSE -37,419. PART XII, LINE 2D - OTHER ADJUSTMENTS: NON-DEDUCTIBLE TRANSPORTATION BENEFITS 45,815. PART XII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSE 37,419. FUNDRAISING EVENT 40575 29440 11135 39963 40575 29440 11135 39963 39963 -28828 PART II, LINE 1 COLUMN (A) TOTAL RECEIPTS FROM THE FUNDRAISING EVENT WERE $40,575 HOWEVER, $25,000 WAS RECEIVED IN THE PRIOR YEAR AND WAS RECORDED AS A TEMPORARILY RESTRICTED CONTRIBUTION IN THE PRIOR YEAR. THE $25,000 WAS RECORDED AS CONTRIBUTION ON FORM 990, PART VIII LINE 1G IN THE PRIOR YEAR. THEREFORE, THE CONTRIBUTION RECEIVED ON FORM 990, PART VIII LINE 1C IN THE CURRENT YEAR IS $4,400 ($29,440 - $25,000). 1 AIDS SERVICE CENTER OF LOWER MANHATTAN 64 W 35TH ST 3RD FL NEW YORK NY 10001 133562071 501(C)(3) 11000 TOY DRIVE/ GRANTS TO AGENCIES CAMP HERRLICH 790 HERIKMER STREET BROOKLYN NY 11233 132729777 501(C)(3) 6250 CAMPERSHIP CHILDREN OF PROMISE NYC CHILDREN OF PROMISE NYC BROOKLYN NY 11216 133597814 501(C)(3) 8500 CAMPERSHIP/ TOY DRIVE/ GRANTS TO AGENCIES DIRECTIONS FOR OUR YOUTH INC 349 EAST 149 STREET SUITE 501 BRONX NY 10451 061308851 501(C)(3) 5500 TOY DRIVE/ GRANTS TO AGENCIES EAST SIDE HOUSE 337 ALEXANDER AVE BRONX NY 10454 131623989 501(C)(3) 6000 TOY DRIVE/ GRANTS TO AGENCIES EVEREADY EXPRESS 233 CLIFTON BOULEVARD CLIFTON NJ 07011 223127641 501(C)(3) 6632 TOY DRIVE NEW YORK YMCA CAMP PO BOX 622 HUGUENOT NY 12746 131624228 501(C)(3) 6000 CAMPERSHIP PHIPPS NEIGHBORHOODS INC 902 BROADWAY 13TH FLOOR NEW YORK NY 10010 132707665 501(C)(3) 6000 TOY DRIVE/ GRANTS TO AGENCIES SHELTERING ARMS CHILDREN & FAMILY SERVICES INC 305 7TH AVE 2ND FL NEW YORK NY 10001 133709095 501(C)(3) 6000 TOY DRIVE/ GRANTS TO AGENCIES UNITED METHODIST CITY SOCIETY 475 RIVERSIDE DRIVE SUITE 1922 NEW YORK NY 10115 135562419 501(C)(3) 6000 CAMPERSHIP VALUE FURNITURE WAREHOUSE 254 LIVINGSTON STREET BROOKLYN NY 11201 133286250 501(C)(3) 87867 DIRECT ASSISTANCE WOMANKIND 32 BROADWAY 10TH FLOOR NEW YORK NY 10004 510168651 501(C)(3) 20000 GRANTS TO AGENCIES 12 0 COLLEGE SCHOLARSHIPS 26 26000 CAMP SCHOLARSHIPS 14 58500 FINANCIAL ASSISTANCE 88 96774 DEKAY ASSISTANCE 14 111501 PART I, LINE 2: FPWA'S COMMITMENT TO FULFILLING THE PROMISE OF OPPORTUNITY IS EXEMPLIFIED THROUGH OUR WORK THAT PRESERVES SUPPORT FOR A SAFETY NET THAT ENSURES INDIVIDUALS HAVE THE MEANS TO CARE FOR THEMSELVES AND THEIR FAMILIES. WE HELP OUR MEMBER AGENCIES BY PROVIDING THEM WITH GRANTS, VOLUNTEERS AND NEW MERCHANDISE FOR DISTRIBUTION TO THEIR CLIENTS. WE PROVIDE FINANCIAL ASSISTANCE GRANTS TO INDIVIDUALS FACING EMERGENCY SITUATIONS LIKE EVICTION AND HOMELESSNESS. PART I, LINE 2 FPWA MONITORS GRANTS IN THE FOLLOWING MANNER. THERE IS AN RFP PROCESS WHERE OUR MEMBERS SUBMIT WRITTEN PROPOSALS ALONG WITH AN ITEMIZED BUDGET FOR A DIRECT SERVICE PROGRAM OR PROJECT WITHIN THEIR ORGANIZATION. THOSE PROPOSALS ARE THEN REVIEWED BY PROGRAM TEAM AND REDUCED TO A SELECT NUMBER. A COMMITTEE OF MANAGEMENT STAFF REVIEWS AND RATES THE REMAINING PROPOSALS. THERE IS A COMMITTEE MEETING TO SHARE OUR FEEDBACK AND RESULTS AND THE TOP THREE PROPOSALS (ONE PER ORGANIZATION) ARE THEN SENT TO THE EXECUTIVE DIRECTOR AND BOARD FOR FINAL APPROVAL. EACH GRANTEE RECEIVES A SELECTED AMOUNT IN TWO INSTALLMENTS ONE INSTALLMENT AT THE BEGINNING OF THE GRANT PERIOD, AND ANOTHER MID-WAY THROUGH. THE FINAL INSTALLMENT IS ONLY RELEASED AFTER THERE HAVE BEEN SEVERAL CHECK-INS BY PHONE AND IN-PERSON SITE VISITS, AND UPON RECEIPT OF THE INTERIM REPORT WITH ITEMIZED BUDGET SHOWING SATISFACTORY PROGRESS TOWARDS THEIR PROGRAM'S PROPOSED GOALS AND OUTCOMES. FINANCE IS INVOLVED AT THE BEGINNING OF THE GRANT PROCESS IN TERMS OF THE BUDGET AND DURING PAYMENT DISTRIBUTIONS. X X X 0 0 0 0 0 0 0 1 0 ALEXANDROS HATZAKIS COO 146673 0 15000 0 234 0 10890 0 839 0 173636 0 0 0 FRANK DI MAIUTA CFO 134716 0 15000 0 673 0 14969 0 44864 0 210222 0 0 0 JENNIFER JONES AUSTIN CEO & EXECUTIVE DIRECTOR 259747 0 35000 0 1242 0 32813 0 3989 0 332791 0 0 0 EMILY MILES CHIEF PROGRAM & POLICY OFFICER 131351 0 10000 0 229 0 13755 0 13071 0 168406 0 0 0 PART 1, LINE 7 FROM TIME TO TIME, FPWA PROVIDES A YEAR-END LUMP-SUM PAYMENT AS A MECHANISM TO EFFECTIVELY MOTIVATE AND RETAIN VALUED EMPLOYEES TO RECOGNIZE ACHIEVEMENT. THIS YEAR-END PAYMENT IS NOT INTENDED TO REPLACE INFORMAL AND SPONTANEOUS RECOGNITION OR PRAISE OF STAFF ACHIEVEMENTS AND WORK PERFORMANCE. INFORMAL RECOGNITION OF EMPLOYEES SHOULD TAKE PLACE EVERY DAY. SAYING "THANK YOU" TO EMPLOYEES AND COMPLIMENTING AN EMPLOYEE ON A JOB WELL DONE ARE PART OF MANAGERS AND SUPERVISORS' RESPONSIBILITIES. YEAR-END PAYMENT GUIDELINES: BASED UPON BUDGET AVAILABILITY AND RESOURCES NECESSARY, A YEAR-END PAYMENT POOL IS ESTABLISHED FOR THE ORGANIZATION BY THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER. THIS YEAR-END POOL IS REVIEWED AND AFFIRMED GENERALLY BY THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD. YEAR-END PAYMENT AMOUNTS ARE DETERMINED AND DISTRIBUTED ON THE BASIS OF THE NATURE AND COMPLEXITY OF THE ACCOMPLISHMENTS AND WORK STAFF AND STRATIFIED BY STAFF LEVEL; EXECUTIVE, DIRECTOR AND MANAGERIAL, STAFF AND TEMPORARIES/INTERNS RESPECTIVELY. UNDER SPECIAL CIRCUMSTANCES, WITH THE CHIEF EXECUTIVE OFFICER'S APPROVAL, A HIGHER YEAR-END MAY BE APPROVED FOR A PARTICULAR STAFF PERSON. A SCHEDULE IS PREPARED, BASED ON THE ABOVE CRITERIA, TO DETERMINE THE DISTRIBUTION OF THE YEAR-END PAYMENT POOL DETERMINED FOR THE YEAR. APPROVALS AND PAYMENTS: THE SCHEDULE IS PREPARED BY THE CHIEF FINANCIAL OFFICER AND IS REVIEWED AND APPROVED BY THE CHIEF EXECUTIVE OFFICER WITH INPUT AND FEEDBACK AS NECESSARY FROM OTHER SENIOR LEADERSHIP INCLUDING THE CHIEF OPERATING OFFICER, CHIEF DEVELOPMENT & COMMUNICATIONS OFFICER AND CHIEF PROGRAM & POLICY OFFICER. AFTER THE SCHEDULE IS FINALIZED AND ON-FILE, YEAR-END PAYMENTS ARE INITIATED AS A SEPARATE PAYCYCLE FOLLOWING ALL OTHER STANDARD PROCEDURE FOR CREATING AND EXECUTING A PAYROLL CYCLE. A BUILD NYC RESOURCE CORPORATION 454040561 12008EEN2 2014-11-12 12345000 REFINANCING 0 1 0 A 1634006 10710994 12345000 569006 12345000 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM BASED ON INFORMATION CONTAINED IN THE AUDITED FINANCIAL STATEMENTS AND OTHER INFORMATION PROVIDED BY FEDERATION'S CHIEF FINANCIAL OFFICER. TO ENSURE ACCURACY OF THE INFORMATION REPORTED, THE ORGANIZATION HAS ESTABLISHED A REVIEW PROCESS THAT INCLUDES AN INITIAL REVIEW BY MANAGEMENT, FOLLOWED BY A REVIEW BY A BOARD COMMITTEE INCLUDING THE TREASURER. FOLLOWING THE COMMITTEE'S REVIEW, THE FULL BOARD IS PROVIDED WITH AN ELECTRONIC COPY OR A HARD COPY (FOR THOSE BOARD MEMBERS WITHOUT ELECTRONIC ACCESS), FOR THEIR REVIEW AND COMMENTS. FIVE WORKING DAYS ARE PROVIDED FOR BOARD COMMENTS. COMMENTS ARE CORRELATED, SUMMARIZED AND ADDRESSED BY MANAGEMENT, AND WHERE APPROPRIATE, INCORPORATED INTO THE FINALIZED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS CURRENTLY IN PLACE AND IS MONITORED ANNUALLY. EACH YEAR EVERY MEMBER OF THE GOVERNING BODY COMPLETES AND SIGNS A CONFLICT OF INTEREST STATEMENT IN WHICH THEY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE ORGANIZATION. IF SUCH CONFLICT OF INTEREST EXISTS, THE BOARD MEMBER MAY NOT VOTE ON MATTERS AS TO WHICH THERE IS A CONFLICT, AND MAY BE REQUIRED TO LEAVE THAT PORTION OF A MEETING THAT CONSIDERS THE MATTER AS TO WHICH THERE IS A CONFLICT. CONFLICTS OF INTEREST ARE DULY NOTED IN ALL NECESSARY REPORTING REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS, NAMELY THE HUMAN RESOURCES COMMITTEE, IS CHARGED WITH THE REVIEW OF THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND ANY SUBSEQUENT RECOMMENDATIONS TO THE BOARD OF DIRECTORS CONCERNING THE ANNUAL COMPENSATION PACKAGE AND ANY YEAR-END PAYMENTS OR BONUSES FOR THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR. THE COMMITTEE CONDUCTS ITS REVIEW AND PRESENTS ITS RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE AT ITS NOVEMBER MEETING AND TO THE FULL BOARD OF DIRECTORS AT ITS DECEMBER MEETING. THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR MAY NOT BE PRESENT AT OR OTHERWISE PARTICIPATE IN ANY BOARD OR COMMITTED DELIBERATION OR VOTE CONCERNING HIS OR HER COMPENSATION. THE BOARD OR PERTINENT COMMITTEE MAY REQUEST THAT THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR TO PRESENT INFORMATION AS BACKGROUND OR ANSWER QUESTIONS AT A BOARD OR PERTINENT COMMITTEE MEETING PRIOR TO THE COMMENCEMENT OF RELATED DELIBERATIONS OR VOTING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -1,787,970. POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST 181,900. NON-DEDUCTIBLE TRANSPORTATION BENEFITS -45,815. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.