2018-10-29T08:28:20-05:00 2017-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2017-01-01 541797281 AIR FORCE AID SOCIETY INC AIRF 7039722650 1550 CRYSTAL DRIVE NO 809 ARLINGTON VA 22202 SIDNEY R HEETLAND CHIEF FINANCIAL OFFICER 7039722650 2018-10-29 1 ELIZABETH HELLER P00397829 2022932200 216.59.105.130 2018-10-29 08:28:17 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8B6C6DF7A8E3B84B5AE7D1943EC3750B5C691B8F 2017 2018-06-14 16:35:46Z X JOHN D HOPPER JR 1550 CRYSTAL DRIVE NO 809 ARLINGTON VA 22202 171872943 0 X WWW.AFAS.ORG X 1942 VA SUPPORT U.S. AIRMEN AND THEIR FAMILIES WITH EMERGENCY FINANCIAL AND EDUCATIONAL ASSISTANCE. 20 20 36 20 -85724 -85724 5218886 4956123 1963 4215 3791826 31529063 -115201 -164799 8897474 36324602 8733019 8536879 0 0 3274097 2916742 0 0 456181 1941357 2075123 13948473 13528744 -5050999 22795858 188868656 207225303 1685846 1201614 187182810 206023689 SUPPORT AIRMEN AND ENHANCE THE AIR FORCE MISSION BY RELIEVING EMERGENCY FINANCIAL DISTRESS, HELPING FAMILIES ACHIEVE THEIR EDUCATIONAL GOALS, AND IMPROVING THE QUALITY OF AIR FORCE LIFE. IN 2017, THE SOCIETY SPENT $15.1 MILLION IN DIRECT SUPPORT TO AIRMEN. 0 0 6319192 5678885 EDUCATION ASSISTANCE - THE GENERAL HENRY "HAP" ARNOLD EDUCATION GRANT PROGRAM PROVIDES NEEDS-BASED EDUCATION GRANTS TO CHILDREN AND SPOUSES OF AIRMEN. IN 2017, THE SOCIETY AWARDED $6 MILLION IN GRANTS TO 2,297 STUDENTS TO HELP PAY FOR COLLEGE. AN ADDITIONAL 93 STUDENTS RECEIVED $213,000 IN MERIT-BASED SCHOLARSHIPS AIMED AT THE HIGHEST ACHIEVING INCOMING FRESHMEN. SCHOLARSHIP SELECTION IS BASED ON A STUDENT'S GPA IN ADDITION TO A WRITTEN ESSAY. IN ADDITION TO GRANTS, THE SOCIETY ALSO PROVIDED UP $1,000 PER STUDENT IN NO INTEREST LOANS TO HELP DEFRAY ADDITIONAL COSTS FOR SCHOOL BOOKS AND SUPPLIES. IN 2017, $77,000 IN SUPPLEMENTAL EDUCATION LOANS WERE ISSUED. 3169894 1537885 4215 EMERGENCY ASSISTANCE (EA) - THE EA PROGRAM CONTINUES TO BE THE TOP PRIORITY FOR THE SOCIETY AS IT AIMS TO RELIEVE THE FINANCIAL PRESSURES ON AIRMEN AND THEIR FAMILIES BY ASSISTING WITH IMMEDIATE NEEDS IN AN EMERGENCY. SUPPORT IS PROVIDED THROUGH NO-INTEREST LOANS AND GRANTS, DEPENDING ON EACH INDIVIDUAL CIRCUMSTANCE. EA IS PROVIDED FOR BASIC LIVING EXPENSES, EMERGENCY TRAVEL, VEHICLE REPAIRS, FUNERAL COSTS, MEDICAL/DENTAL COSTS, CHILD/RESPITE CARE, AND MOVING EXPENSES. AIR FORCE FAMILIES CAN ALSO RECEIVE SUPPORT DEVELOPING A FAMILY BUDGET TO HELP MAINTAIN CONTROL OVER THEIR FINANCES AFTER THE ASSISTANCE IS PROVIDED. IN 2017, $6 MILLION IN NON-INTEREST LOANS AND $1.5 MILLION IN GRANTS WERE PAID OUT IN SUPPORT OF OVER 13,672 AIRMEN. 1536734 1320109 COMMUNITY PROGRAMS - THE SOCIETY SUPPORTS SEVERAL BASE-LEVEL PROGRAMS AIMED AT IMPROVING THE QUALITY OF LIFE FOR AIR FORCE FAMILIES. $574,000 WAS SPENT TO FUND OUR CHILDCARE PROGRAMS: GIVE PARENTS A BREAK, CHILDCARE FOR PCS MOVES, AND CHILDCARE FOR VOLUNTEERS. APPROXIMATELY 14,500 CHILDREN WERE CARED FOR IN 2017. BUNDLES FOR BABIES PROVIDES EXPECTING FAMILIES INFORMATION ON BUDGETING FOR THE IMPACT OF A NEW BABY WHILE PROVING RESOURCES TO HELP THE FAMILY ALONG THE WAY. $210,000 WAS SPENT TO PROVIDE ATTENDEES OF THE PROGRAM A $50 GIFT CARD. THE SPOUSE EMPLOYMENT PROGRAM PROVIDED ENTRY-LEVEL TRAINING TO OVER 700 AF SPOUSES DURING THE YEAR, SPENDING $286,000. OTHER PROGRAMS SUPPORTED BY THE SOCIETY IN 2017 WERE THE CAR CARE AND HEARTLINK PROGRAMS. 11025820 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 1 1 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 122 0 1 36 1 1 1 0 0 0 0 1 1 1 6 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WV WI X X SIDNEY R HEETLAND 7039722613 1550 CRYSTAL DRIVE ARLINGTON VA 22202 HONORABLE WILLIAM A MOORMAN PRESIDENT AND TRUSTEE 2.00 X X 0 0 0 MAJ GEN ALFRED K FLOWERS RET VICE PRESIDENT AND TRUSTEE 1.00 X X 0 0 0 KATHLEEN K BARCHICK TRUSTEE 1.00 X 0 0 0 LT GEN CHRISTOPHER F BURNE TRUSTEE 1.00 X 0 0 0 ELI A COHEN TRUSTEE 1.00 X 0 0 0 LT GEN MARK A EDIGER TRUSTEE 1.00 X 0 0 0 CMSGT DENNIS L FRITZ RET TRUSTEE 1.00 X 0 0 0 GEN DAVID L GOLDFEIN TRUSTEE 1.00 X 0 0 0 DAWN GOLDFEIN TRUSTEE 1.00 X 0 0 0 LT GEN GINA M GROSSO TRUSTEE 1.00 X 0 0 0 HONORABLE ROBERT F HALE TRUSTEE 1.00 X 0 0 0 DR WILLIAM W JENNINGS TRUSTEE 2.00 X 0 0 0 ELLEN JUMPER TRUSTEE 1.00 X 0 0 0 DR JERROLD I W MITCHELL TRUSTEE 1.00 X 0 0 0 MAJ GEN JOHN M PLETCHER TRUSTEE 1.00 X 0 0 0 JAMES C REAGAN TRUSTEE 2.00 X 0 0 0 HONORABLE EUGENE R SULLIVAN TRUSTEE 1.00 X 0 0 0 HONORABLE HEATHER A WILSON TRUSTEE 1.00 X 0 0 0 CMSAF KALETH O WRIGHT TRUSTEE 1.00 X 0 0 0 TONYA T WRIGHT TRUSTEE 1.00 X 0 0 0 LT GEN JOHN D HOPPER RET CHIEF EXECUTIVE OFFICER 40.00 X 213433 0 40531 COL SIDNEY R HEETLAND RET CHIEF FINANCIAL OFFICER 40.00 X 159271 0 48407 COL LINDA F EGENTOWICH RET CHIEF OPERATIONS OFFICER 40.00 X 165757 0 49192 MICHAEL PARNAROUSKIS CONTROLLER 40.00 X 115731 0 41884 DOROTHY LARKIN EDUCATION MANAGER 40.00 X 108910 0 43097 SAMANTHA RASNAKE DIRECTOR OF COMM/DEV 40.00 X 105233 0 20707 JOHN FARRELL DIRECTOR OF HUMAN RESOURCES 40.00 X 105915 0 10219 974250 0 254037 7 0 1 0 THE NORTHERN TRUST COMPANY 300 ATLANTIC ST STE 400 STAMFORD CT 06901 INVESTMENT MGT & CUSTODY 225729 UBS REALTY INVESTORS LLC 10 STATE HOUSE SQ 15TH FLOOR HARTFORD CT 06103 INVESTMENT MANAGEMENT 153403 CONCOURSE FEDERAL GROUP LLC 1001 CONNECTICUT AVE NW STE 704 WASHINGTON DC 20036 IT PROFESSIONAL SERVICES 147375 MELLEN & COMPANY 2115 SANDALWOOD RD VIRGINIA BEACH VA 23451 SOFTWARE DEVELOPMENT/SUPPORT 139950 ADAMS STREET PARTNERS LLC ONE NORTH WACKER DRIVE SUITE 2200 CHICAGO IL 60606 INVESTMENT MANAGEMENT 129111 6 5472 774442 4176209 52581 4956123 UNCOLLECTIBLE LOAN REPAYMENTS 900099 4215 4215 4215 3951385 -85724 4037109 162811649 135233971 27577678 27577678 27577678 147703 774442 314370 -166667 -166667 CLASS ACTION SETTLEMENTS 900099 1855 1855 MISCELLANEOUS 900099 13 13 1868 36324602 4215 -85724 31449988 86904 86904 7881238 7881238 568737 568737 694012 428206 194323 71483 1322943 816257 370423 136263 122759 75743 34372 12644 619141 382010 173359 63772 157887 97416 44208 16263 3850 2375 1078 397 46492 46492 779130 779130 183031 112975 51216 18840 117014 117014 135536 88690 34270 12576 171228 105648 47944 17636 276359 170513 77381 28465 17942 11070 5024 1848 9091 3788 5303 132833 81958 37193 13682 35127 21674 9835 3618 ALL OTHER EXPENSES 66085 41216 18178 6691 OTHER FUNDRAISING COSTS 52003 52003 EDUCATION GRANT ADMINIS 36000 36000 BAD DEBT EXPENSE 13402 13402 13528744 11025820 2046743 456181 845071 991891 1685078 1108361 146458 75929 54944 185 3746272 3752994 171783 143333 2580941 1843574 794612 737367 148045977 162538284 33378461 37876959 188868656 207225303 307016 282135 1378830 919479 1685846 1201614 X 184791711 203656963 509295 448922 1881804 1917804 187182810 206023689 188868656 207225303 22795858 -3954979 0 X X 0 1 X 1 0 X 7335731 5371701 5338291 5218886 4906575 28171184 7335731 5371701 5338291 5218886 4906575 28171184 28171184 4155301 4231979 4218221 4183846 3951385 20740732 193737 449403 203058 147310 149571 1143079 50054995 18357 0.56280 0.57700 X SCHEDULE A, PART II, LINE 10: OTHER INCOME INCLUDES TWO MAIN ITEMS: (1) GROSS FUNDRAISING EVENT INCOME GENERATED BY THE SOCIETY'S ANNUAL USAF CHARITY BALL. THE 2017 USAF CHARITY BALL GENERATED $147,703 ON GROSS EVENT INCOME. (2) CLASS ACTION LAWSUIT PROCEEDS FROM LEGAL SETTLEMENTS REACHED WITH CORPORATIONS IN WHICH THE SOCIETY INVESTED FUNDS THROUGH ITS INVESTMENT PORTFOLIO. IN 2017 $1,868 WAS RECEIVED FROM CLASS ACTION LAWSUIT SETTLEMENTS. 1881804 36000 249763 249763 1917804 1811804 70000 142743 142743 1881804 1811804 1205 -1205 1811804 1786804 25000 118743 118743 1811804 1749804 37000 254417 254417 1786804 1.00000 0 0 367123 347509 19614 492983 395468 97515 1720835 1100597 620238 737367 REAL ESTATE FUND 14722828 F HEDGE FUNDS 9518996 F PRIVATE EQUITY FUND 13635135 F 37876959 OTHER LIABILITIES 18645 ACCRUED COMPENSATION 239697 ACCRUED YES PROGRAM LIABILITIES 150722 POST RETIREMENT LIABILITY 333569 DEFERRED 2017 CHARITY BALL INCOME 158046 ACCRUED LEASE EXPENSE 17728 ACCRUED MEDICAL INSURANCE CLAIMS 1072 919479 X 31855315 -3954979 314370 -3640609 35495924 779130 49548 828678 36324602 13014436 314370 314370 12700066 779130 49548 828678 13528744 PART V, LINE 4: THE SOCIETY'S ENDOWMENT FUNDS CONSIST OF DONOR-RESTRICTED CONTRIBUTIONS THAT ARE INVESTED TO PROVIDE FUTURE EARNINGS TO FUND NAMED EDUCATION GRANTS IN PERPETUITY AS PART OF THE SOCIETY'S GENERAL HENRY ARNOLD EDUCATION GRANT PROGRAM. ALL RETURNS GENERATED BY THE EDUCATION ENDOWMENT FUNDS IN A GIVEN YEAR ARE USED TO FUND THE NAMED GRANTS AWARDED IN THAT YEAR. PART X, LINE 2: THE SOCIETY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHARITY BALL EVENT EXPENSES 314,370. PART XI, LINE 4B - OTHER ADJUSTMENTS: SILENT AUCTION IN-KIND GIFTS 49,548. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHARITY BALL EVENT EXPENSES 314,370. PART XII, LINE 4B - OTHER ADJUSTMENTS: SILENT AUCTION IN-KIND GIFTS 49,548. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 34 GRANTS 129245 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES SEE PART V 58689 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 309009 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 68 GRANTS 227594 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SEE PART V 153209 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 1686563 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 89183 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 9721836 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 487713 0 102 0 0 0 102 12375328 487713 12863041 EDUCATION GRANTS FOR COLLEGE EAST ASIA AND THE PACIFIC 54 118011 CHECK EDUCATION GRANTS FOR COLLEGE EUROPE (INCLUDING ICELAND & GREENLAND) 93 203269 CHECK EMERGENCY FINANCIAL ASSISTANCE EAST ASIA AND THE PACIFIC 22 11234 CHECK EMERGENCY FINANCIAL ASSISTANCE EUROPE (INCLUDING ICELAND & GREENLAND) 82 24325 CHECK CAR MAINTENANCE EAST ASIA AND THE PACIFIC 63 2691 OIL CHANGE COUPON COST CAR MAINTENANCE EUROPE (INCLUDING ICELAND & GREENLAND) 482 31972 OIL CHANGE COUPON COST AF BASE CHILDCARE SERVICES EAST ASIA AND THE PACIFIC 825 28743 CHILDCARE PROVIDED COST AF BASE CHILDCARE SERVICES EUROPE (INCLUDING ICELAND & GREENLAND) 1183 59476 CHILDCARE PROVIDED COST AF BASE EDUCATION PROGRAMS EAST ASIA AND THE PACIFIC 347 18955 CLASSES PROVIDED COST AF BASE EDUCATION PROGRAMS EUROPE (INCLUDING ICELAND & GREENLAND) 292 39411 CLASSES PROVIDED COST BUNDLES FOR BABIES EAST ASIA AND THE PACIFIC 182 8300 GIFT CARD COST BUNDLES FOR BABIES EUROPE (INCLUDING ICELAND & GREENLAND) 447 22350 GIFT CARD COST 1 0 0 1 0 0 PART I, LINE 2: THE SOCIETY PROVIDES EDUCATIONAL AND EMERGENCY FINANCIAL ASSISTANCE GRANTS TO AIR FORCE FAMILIES STATIONED AT BASES LOCATED OUTSIDE THE US. THESE PROGRAMS ARE ADMINISTERED BY AIR FORCE SUPPORT STAFF AT THESE OVERSEAS BASES. RECIPIENTS OF EDUCATION GRANTS MUST SUBMIT AN INVOICE OR FINANCIAL STATEMENT FROM THE SCHOOL TO VERIFY THEIR ATTENDANCE AT THE INSTITUTION. EDUCATION GRANTS ARE PAID DIRECTLY TO THE SCHOOL. EMERGENCY FINANCIAL ASSISTANCE GRANTS ARE ISSUED ON A CASE BY CASE BASIS BASED ON ADEQUATE DOCUMENTATION OF THE FINANCIAL NEED OF THE AF MEMBER. ALL GRANTS PROVIDED BY THE SOCIETY ARE TRACKED BY THE SOCIETY'S HQ DATABASE SYSTEM TO PROVIDE A HISTORICAL RECORD OF THE ASSISTANCE PROVIDED. PART I, LINE 3, COLUMN (E): EAST ASIA AND THE PACIFIC AND EUROPE - THE SOCIETY FUNDS VARIOUS COMMUNITY ENHANCEMENT PROGRAMS AT USAF BASES AROUND THE WORLD. THE PROGRAMS ACTIVE DURING 2017 AT OVERSEAS BASES IN EAST ASIA AND EUROPE INCLUDED CAR CARE, SPOUSE EMPLOYABILITY, CHILDCARE, AND BUNDLES FOR BABIES. CHARITY BALL 922145 774442 147703 23784 125335 165251 922145 774442 147703 23784 125335 165251 314370 -166667 1 AIR FORCE OFFICERS' SPOUSES' CLUB OF WASHINGTON DC PO BOX 8490 WASHINGTON DC 20032 526057758 501(C)(7) 50000 SHARE OF CHARITY BALL PROCEEDS FOR ED GRANT FUNDING US AIR FORCE - ST CROIX AIR GUARD STATION 4500 SUNNY ISLES SUITE F CHRISTIANSTED VI 00820 849990000 115 12210 COST APPLIANCES AND HOME GOODS HURRICANE MARIA SUPPORT US AIR FORCE - WOUNDED WARRIOR PROGRAM DEPARTMENT OF DEFENSE WASHINGTON ADMIN HQ WASHINGTON DC 20301 849990000 115 10696 COST HOTEL EVENT/FOOD SERVICES SUPPORT OF 2017 AIR FORCE WOUNDED WARRIOR TRIALS 2 1 EDUCATION GRANTS FOR COLLEGE 2225 5353692 EMERGENCY FINANCIAL ASSISTANCE 2992 1502326 CAR MAINTENANCE 1903 73672 COST OIL CHANGE COUPON AF BASE CHILDCARE SERVICES 12508 485944 COST CHILDCARE SERVICES AF BASE EDUCATION CLASSES 2446 286219 COST CLASS REGISTRATION BUNDLES FOR BABIES 3542 179385 COST BABY GEAR OR GIFT CARD PART I, LINE 2: THE SOCIETY PROVIDES EDUCATION AND EMERGENCY FINANCIAL ASSISTANCE GRANTS TO SUPPORT AIR FORCE FAMILIES. THESE PROGRAMS ARE ADMINISTERED AT USAF BASES BY AIR FORCE PERSONNEL. EDUCATION GRANT RECIPIENTS MUST SUBMIT DOCUMENTATION TO VERIFY THEIR SCHOOL ATTENDANCE, AND ALL GRANTS ARE PAID DIRECTLY TO THE SCHOOL. EMERGENCY FINANCIAL SUPPORT IS ISSUED ON A CASE BY CASE BASIS BASED ON THE DOCUMENTED NEED OF THE AIRMAN. ALL ASSISTANCE IS TRACKED BY THE SOCIETY'S DATABASE TO PROVIDE A HISTORICAL REFERENCE OF ALL ASSISTANCE PROVIDED. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 LT GEN JOHN D HOPPER RET CHIEF EXECUTIVE OFFICER 198734 0 10000 0 4699 0 18854 0 27531 0 259818 0 0 0 COL SIDNEY R HEETLAND RET CHIEF FINANCIAL OFFICER 147039 0 8000 0 4232 0 14273 0 41376 0 214920 0 0 0 COL LINDA F EGENTOWICH RET CHIEF OPERATIONS OFFICER 153861 0 8000 0 3896 0 14883 0 38632 0 219272 0 0 0 MICHAEL PARNAROUSKIS CONTROLLER 111164 0 3750 0 817 0 10520 0 36856 0 163107 0 0 0 DOROTHY LARKIN EDUCATION MANAGER 102658 0 3500 0 2752 0 9873 0 37626 0 156409 0 0 0 PART I, LINE 1A THE SOCIETY OFFERS A TAXABLE REIMBURSEMENT PROGRAM FOR ALL EMPLOYEES OF UP TO $500 PER YEAR TO COVER THE COST OF HEALTH CLUB DUES OR OTHER FITNESS ACTIVITIES. PART I, LINE 3 THE SOCIETY'S COMPENSATION COMMITTEE IS CHARGED BY THE BOARD OF TRUSTEES TO SET COMPENSATION FOR THE CEO. EACH YEAR, STAFF PROVIDES THE COMMITTEE WITH SALARY SURVEYS AND OTHER COMPARATIVE SALARY DATA TO HELP THE COMMITTEE FORMULATE A COMPENSATION PACKAGE FOR THE CEO. THE COMPENSATION COMMITTEE APPROVES THE FULL COMPENSATION PACKAGE FOR THE CEO ON AN ANNUAL BASIS, DOCUMENTING THE DECISION WITH A REBUTTABLE PRESUMPTION DOCUMENT SIGNED BY THE SOCIETY PRESIDENT, WHO IS ALSO THE CHAIR OF THE COMPENSATION COMMITTEE. X 1 3033 AVG HIGH/LOW PRICE X AUCTION ITEMS 93 49548 FAIR VALUE 0 1 1 PART I, LINE 32B: (1) THE SOCIETY MAINTAINS A POLICY OF SELLING ALL DONATED SECURITIES UPON RECEIPT. THE SECURITIES ARE TRANSFERRED DIRECTLY TO A CUSTODY ACCOUNT WITHIN THE SOCIETY'S INVESTMENT PORTFOLIO. THE THIRD-PARTY INVESTMENT CUSTODIAN IS THEN DIRECTED TO SELL THE DONATED SECURITIES MAKING THE PROCEEDS AVAILABLE FOR USE BY THE SOCIETY'S PROGRAMS. (2) AN AIR FORCE SPOUSES CLUB HELPS RUN THE SILENT AUCTION HELD IN CONJUNCTION WITH THE ANNUAL USAF CHARITY BALL. THE SPOUSES' CLUB SOLICITS IN-KIND DONATIONS TO AUCTION AWAY AT THE EVENT AND FACILITATES THE SALE OF THE ITEMS AT THE EVENT. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD OF TRUSTEES MEMBERS ARE HUSBAND AND WIFE: CMSAF KALETH O WRIGHT AND TONYA T WRIGHT GENERAL DAVID L GOLDFEIN AND DAWN GOLDFEIN FORM 990, PART VI, SECTION B, LINE 11B THE INITIAL DRAFT OF THE 990 IS PREPARED BY THE TAX PROFESSIONALS OF THE ACCOUNTING FIRM HIRED BY THE SOCIETY TO COMPLETE THE FINANCIAL AUDIT. THE 990 IS THEN REVIEWED BY THE SOCIETY'S ACCOUNTING STAFF AND OFFICERS BEFORE THE FINAL DRAFT IS SENT TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. ONCE THE FULL REVIEW OF THE 990 IS COMPLETE, THE 990 IS FILED ELECTRONICALLY WITH THE IRS AND THE PUBLIC VERSION IS POSTED TO THE SOCIETY'S WEBSITE AT WWW.AFAS.ORG. FORM 990, PART VI, SECTION B, LINE 12C THE SOCIETY REQUIRES ITS OFFICERS, STAFF MEMBERS, AND BOARD OF TRUSTEES TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. THE STATEMENTS SUBMITTED BY EACH PERSON ARE REVIEWED BY STAFF AND REPORTED TO THE SOCIETY'S AUDIT COMMITTEE. IF ANY CONFLICTS ARE DETERMINED TO EXIST, THE AUDIT COMMITTEE WOULD DECIDE THE APPROPRIATE ACTION TO BE TAKEN. THE MATTER WOULD THEN BE PRESENTED TO THE FULL BOARD OF TRUSTEES WHERE A VOTE ON THE COMMITTEE'S RECOMMENDATION WOULD BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS DETERMINED BY THE BOARD-APPOINTED COMPENSATION COMMITTEE. THIS COMMITTEE IS RESPONSIBLE FOR PREPARING AND REVIEWING THE CEO'S COMPENSATION ON AN ANNUAL BASIS. THE REVIEW OF OFFICER COMPENSATION INCLUDES COMPARISONS WITH SIMILAR MILITARY RELIEF ORGANIZATIONS, OTHER NON-PROFIT ORGANIZATIONS, AND PUBLISHED SALARY GUIDES. THE COMPENSATION COMMITTEE ALSO REVIEWS THE SALARY LEVELS, PROPOSED BONUSES, AND ANNUAL WAGE INCREASES OF THE OTHER OFFICERS AND THE FULL STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE SOCIETY PROVIDES DIRECT PUBLIC ACCESS TO ITS ANNUAL AUDIT REPORT AND IRS 990 TAX FILING ONLINE ONLINE AT WWW.AFAS.ORG. GOVERNANCE DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR AND REMAINS THE PURVIEW OF THE SOCIETY'S AUDIT COMMITTEE.