2018-11-12T16:02:42-06:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2017-07-01 411260581 THINK SMALL THIN 6516410305 10 YORKTON COURT SAINT PAUL MN 55117 BARBARA YATES PRESIDENT & CEO 6516410305 2018-11-07 1 RACHEL FLANDERS P01591790 6123764500 67.137.57.251 2018-11-07 16:44:43 CS P A6AD3476A9076C5B724E5E12CCE393A62F1B66BA 3504379F24C0DE3CDF94D2B924EA8FE5CB423EB9 2017 2019-02-21 02:37:17Z BARBARA YATES 10 YORKTON COURT SAINT PAUL MN 55117 34860575 0 X WWW.THINKSMALL.ORG X 1975 MN TO ADVANCE QUALITY CARE AND EDUCATION OF CHILDREN IN THEIR CRUCIAL EARLY YEARS. 16 16 124 76 0 0 31316325 30886658 597617 441489 1171 1368 2548432 2378586 34463545 33708101 25219490 24454461 0 0 5951581 6336640 0 0 348317 3370998 3448650 34542069 34239751 -78524 -531650 12764772 11672992 6939448 6300610 5825324 5372382 X TO ADVANCE QUALITY CARE AND EDUCATION OF CHILDREN IN THEIR CRUCIAL EARLY YEARS. 0 0 25251588 22879176 STRENGTHEN FAMILIES: FAMILY ENGAGEMENTTHINK SMALL IS COMMITTED TO STRENGTHENING FAMILY'S ACCESS TO HIGH QUALITY CARE AS WELL AS INCREASING THEIR KNOWLEDGE ABOUT EARLY CHILDHOOD DEVELOPMENT AND PREPARING CHILDREN FOR KINDERGARTEN. THINK SMALL PARENT-POWERED TEXTING DELIVERS EVIDENCE-BASED TEXTING MESSAGES TO PARENTS AND CAREGIVERS, ACROSS MN, FOR CHILDREN BIRTH TO 5 YEARS OLD. THESE SHORT TEXT MESSAGES ENCOURAGE PARENTS TO DO FUN AND ENGAGING ACTIVITIES WITH THEIR CHILDREN TO INCREASE THEIR LITERACY AND NUMERACY DEVELOPMENT AS WELL AS TIPS ON HOW TO BE HEALTHY. AS OF AUGUST 2018, MORE THAN 7,000 FAMILIES HAVE ENROLLED.SCHOLARSHIPS AND OTHER FINANCIAL SUPPORTSTHINK SMALL SERVES PROVIDERS AND FAMILIES WITH TARGETED FINANCIAL SUPPORTS. THINK SMALL ADMINISTERS OVER 4,000 ELIGIBILITY-BASED SCHOLARSHIPS FOR FAMILIES TO ENROLL CHILDREN IN PROGRAMS WITH PARENT AWARE QUALITY RATINGS IN HENNEPIN AND RAMSEY COUNTIES. WE ALSO ADMINISTER BASIC SLIDING FEE CHILD CARE ASSISTANCE FOR ELIGIBLE LOW-INCOME FAMILIES IN RAMSEY COUNTY. 7161776 1575285 2750311 PREPARE PROVIDERS: PROFESSIONAL DEVELOPMENT, CONSULTATION, AND COACHINGTHINK SMALL PROVIDES METRO-WIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOCUSED ON THE ESSENTIAL ELEMENTS OF HIGH QUALITY CARE. OPPORTUNITIES INCLUDE CLASSES AND WORKSHOPS PROVIDED IN ENGLISH, SPANISH, HMONG, SOMALI, OROMO, AMHARIC, AND KAREN; INDIVIDUAL AND SITE-BASED CONSULTATION AND COACHING SUPPORT; BUSINESS SUPPORT TO HELP MAINTAIN A SUCCESSFUL CHILDCARE BUSINESS; AND CAREER GUIDANCE FOR CERTIFICATION AND LICENSING. ENROLLMENT IN 1,064 TRAININGS DURING FY18 WAS 15,662. WE ALSO CONNECT PROVIDERS WITH QUALITY IMPROVEMENT GRANTS AND EMERGENCY FUNDING FOR EARLY CHILDHOOD PROGRAMS.COMMUNITY OUTREACH AND ACCESSTHINK SMALL'S MULTILINGUAL OUTREACH STAFF CONNECTS WITH HISTORICALLY UNDERSERVED COMMUNITIES, INCLUDING THOSE IN LOW-INCOME NEIGHBORHOODS, ENGLISH LANGUAGE LEARNERS (ELL), COMMUNITIES OF COLOR, IMMIGRANT AND REFUGEE FAMILIES, SO THEY CAN FULLY ENGAGE IN MINNESOTA'S EARLY CHILDHOOD CARE AND EDUCATION SYSTEM. OUTREACH STAFF WORK TO EXPAND THE REACH OF THINK SMALL SERVICES AND IDENTIFY NEEDS AND GAPS WITHIN THESE COMMUNITIES. STAFF ASSIST FAMILIES AND PROVIDERS NAVIGATING COMPLEX GOVERNMENT SYSTEMS, CONNECTING THEM TO RESOURCES AND SERVICES AVAILABLE AT THINK SMALL AND OTHER ORGANIZATIONS. STAFF PROVIDE LANGUAGE TRANSLATION AND INTERPRETATION FOR ELL PROVIDERS AND FAMILIES.PUBLISHINGA LEADING PUBLISHER OF CURRICULUM, MANAGEMENT, PROFESSIONAL DEVELOPMENT, AND BUSINESS RESOURCES FOR ADULTS WHO CARE FOR, TEACH, AND NURTURE YOUNG CHILDREN, REDLEAF PRESS PUBLISHES ON A BROAD RANGE OF TOPICS. THESE PRODUCTS ARE DESIGNED TO ASSIST EARLY CHILDHOOD PROFESSIONALS IN USING STIMULATING, CHILD-CENTERED PRACTICES BASED ON SOUND AND PROVEN THEORY ABOUT LEARNING AND CHILD DEVELOPMENT. REDLEAF PUBLISHED 27 NEW TITLES IN FY18 AND HAS 320 TITLES IN PRINT. IN FY18 OVER 216,000 PRODUCTS WERE DISTRIBUTED TO CUSTOMERS BOTH IN THE U.S. AND ABROAD. REDLEAF BOOKS ARE TRANSLATED INTO 12 DIFFERENT LANGUAGES WITH OVER 60 BOOKS IN TRANSLATION. OVER 50% OF REDLEAF'S BOOKS ARE AVAILABLE AS E-BOOKS AND IN OTHER DIGITAL FORMATS. APPROXIMATELY 715,800 CATALOGS ARE MAILED TO CUSTOMERS ANNUALLY.LIBRARYA BRANCH OF THE ST. PAUL PUBLIC LIBRARY THE DEBRA S. FISH EARLY CHILDHOOD LIBRARY IS AVAILABLE STATEWIDE. NOW NUMBERING 6,095 ITEMS, THE LIBRARY'S COLLECTION IS A PART OF MINNESOTA'S PUBLIC INTERLIBRARY LOAN SYSTEM AND MATERIALS CAN BE DELIVERED TO ALL LOCAL LIBRARIES. 241687 0 0 CATALYZE CHANGE: POLICY, ADVOCACY, AND INITIATIVESTHINK SMALL WORKS ACROSS THE STATE ACTIVATING FIELD LEADERS AND OTHER STAKEHOLDERS ACROSS SYSTEMS ON ISSUES THAT CONCERN OUR YOUNGEST CHILDREN. THIS INCLUDES CIVIC ENGAGEMENT OF CHILD CARE PROVIDERS AND PARENTS, WITH AN INTENTIONAL FOCUS ON RAISING THE VOICE OF DIVERSE CULTURAL, REFUGEE, AND IMMIGRANT COMMUNITIES. TO SUPPORT THIS WORK, THINK SMALL PROVIDED 30 COMMUNICATIONS TO 5,453 SUBSCRIBERS OF OUR ACTION CENTER AND PUBLISHED 39 BLOG POSTS VIEWED 9,518 TIMES. THINK SMALL PARTICIPATES IN A VARIETY OF STATE AND NATIONAL EARLY LEARNING POLICY COALITIONS AND WORKGROUPS AND PLAYS AN IMPORTANT ROLE IN ADVANCING POLICY EFFORTS SUCH AS PARENT AWARE, EARLY LEARNING SCHOLARSHIPS, CHILD CARE ASSISTANCE AND MOST RECENTLY THE ECONOMIC DEVELOPMENT OF THE CHILD CARE SECTOR. BY LEADING FROM THE DEVELOPMENT OF POLICY CONCEPTS THROUGH THE PILOTING STAGES AND BY HELPING TAKE PROMISING INITIATIVES TO SCALE, THINK SMALL HAS HELPED IMPROVE ACCESS TO QUALITY EARLY LEARNING OPPORTUNITIES AND HAS HELPED BUILD ACCOUNTABILITY IN THE SYSTEM. THINK SMALL CONTINUALLY FOCUSES ON OUR EFFORTS ENSURING THAT FAMILIES HAVE A VARIETY OF HIGH QUALITY EARLY LEARNING OPPORTUNITIES THAT WILL PUT THEIR CHILD ON THE PATH TO SCHOOL AND LIFE SUCCESS.INNOVATIONSTHINK SMALL DEVELOPS AND SUPPORTS INTERVENTIONS THAT TARGET LOW-INCOME FAMILIES, ESPECIALLY THOSE THAT ADDRESS THE ACHIEVEMENT AND OPPORTUNITY GAPS BETWEEN WHITE CHILDREN AND CHILDREN OF COLOR. CURRENTLY, WE ARE WORKING ON THREE LARGE INNOVATION PROJECTS: A NEW CHILD CARE BUSINESS PROGRAM, WHICH IS SUPPORTING MORE THAN 45 CURRENT/NEW PROVIDERS LOOKING TO OPEN OR EXPAND A LICENSED FAMILY CHILD CARE PROGRAM OR CHILD CARE CENTER; EXPANDING REDLEAF PRESS'S EXPERTISE AND CONTENT INTO REALMS BEYOND PUBLISHING OF PRINTED MATERIALS, AND LEVERAGING TECHNOLOGY TO EXPAND THE TYPE AND SCOPE OF COACHING SUPPORTS TO EARLY CHILDHOOD PROVIDERS. 32655051 1 1 0 1 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 348 0 124 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X KRISTEN HARINEN 6516416620 10 YORKTON COURT SAINT PAUL MN 55117 MARSHALL JOHNSON CHAIR 1.00 X X 0 0 0 ROBBIN JOHNSON VICE CHAIR 1.00 X X 0 0 0 MARGEAUX KING SECRETARY 1.00 X X 0 0 0 WESTON MERRICK TREASURER 1.00 X X 0 0 0 ANDRE DUKES DIRECTOR 1.00 X 0 0 0 JERRI FREIER DIRECTOR 1.00 X 0 0 0 HB HAYDEN JR DIRECTOR 1.00 X 0 0 0 KAREN HILDING DIRECTOR 1.00 X 0 0 0 YOLANDA MAJORS DIRECTOR 1.00 X 0 0 0 MARIAM MOHAMED DIRECTOR 1.00 X 0 0 0 KATE NOBLE DIRECTOR 1.00 X 0 0 0 TRACY NORDSTROM DIRECTOR 1.00 X 0 0 0 ARTHUR J ROLNICK DIRECTOR 1.00 X 0 0 0 TANYA SKOGERBOE DIRECTOR 1.00 X 0 0 0 SARAH WADE DIRECTOR 1.00 X 0 0 0 HUNTER SAKLAD IMMEDIATE PAST CHAIR 1.00 X 0 0 0 BARBARA YATES PRESIDENT AND CEO 50.00 X 182658 0 24449 KRISTEN HARINEN DIRECTOR OF FINANCE 40.00 X 85921 0 23850 DIANE HAULCY SVP OF FAMILY ENGAGEMENT 40.00 X 100966 0 20202 DAVID HEATH SVP OF REDLEAF PRESS 40.00 X 105092 0 17318 RAY ABOYAN CHIEF OPERATING OFFICER 40.00 X 169740 0 22120 644377 0 107939 4 1 1 0 VERSA PRESS INC 1465 SPRING BAY ROAD EAST PEORIA IL 616119788 PRINTING & BINDING BOOKS 460592 THE DINGLEY PRESS INC 119 LISBON ST LISBON ME 04250 PRINTING & BINDING BOOKS 159507 UNITED STATES POSTAL SERVICE 2825 LONE OAK PWKY EAGAN MN 551211551 POSTAGE AND SHIPPING 124789 MIDSTATES INC PO BOX 940 4820 CAPITAL AVE NE ABERDEEN SD 574020940 PRINTING & DISTRIBUTING CATELOGS 118135 4 128422 28155490 2602746 30886658 PROGRAM SERVICE FEES 624410 433632 433632 OTHER PROGRAM REVENUE 900099 7857 7857 441489 1368 1368 52423 52423 0 128422 10578 -10578 -10578 3450718 1141896 2308822 2308822 MISCELLANEOUS REVENUE 900099 27919 27919 27919 33708101 2750311 0 71132 10698994 10698994 13755467 13755467 685537 366767 266459 52311 4647216 3952217 509939 185060 152274 140329 8506 3439 460278 423022 25103 12153 391335 320704 53838 16793 20539 1322 19217 21891 9500 12391 10415 10415 790752 655538 129578 5636 604547 604323 176 48 682504 640577 25687 16240 122467 89997 26281 6189 419870 356260 54051 9559 96812 75682 13959 7171 50852 48192 1206 1454 9631 8190 1200 241 483396 434336 43209 5851 63062 32344 28947 1771 CREDIT CARD/BANK FEES 38201 34405 2417 1379 BAD DEBT EXPENSE (RECOV 20933 1824 19109 SUBSCRIPTIONS AND DUES 10332 4968 3718 1646 IN-KIND SUPPLIES 2160 2160 286 93 86 107 34239751 32655051 1236383 348317 586412 678662 155030 341377 347890 451950 6815703 5424599 641363 583800 174717 176217 4048056 2950479 1283798 1097577 667243 856091 810510 748922 10730 8389 1271376 1305408 12764772 11672992 5699545 5112016 1006847 977363 233056 211231 6939448 6300610 X 4346906 4034628 1478418 1337754 5825324 5372382 12764772 11672992 -531650 78709 0 X 0 1 X 1 0 X 17117049 21130060 30084013 31341634 30886658 130559414 17117049 21130060 30084013 31341634 30886658 130559414 130559414 32857 48730 53255 31340 53791 219973 43367 34069 28612 53609 27919 187576 130966963 19879241 0.99690 0.99660 X 0 0 0 0 92528 2486 95014 34144738 34239752 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 95158 99190 130887 95014 420249 250000 250000 250000 250000 1000000 1500000 87271 74691 105143 92528 359633 205000 205000 2743438 1947358 796080 19325 15600 3725 1080293 987521 92772 1097577 WHITEBOX RELATIVE VALUE FUND, LTD. 416741 F WHITEBOX CREDIT FUND, LTD. 332181 F 748922 SECURITY DEPOSITS 13500 CAPITALIZED DEVELOPMENT COSTS, NET 1291908 1305408 X 34939284 78709 1152474 1231183 33708101 0 33708101 35392226 1152474 1152474 34239752 0 34239752 PART X, LINE 2: THE ORGANIZATION IS A MINNESOTA NONPROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM BUSINESSES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME IN THE YEARS ENDED JUNE 30, 2018 OR 2017. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS IT HAS TAKEN. IT IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE TAX AUTHORITIES HAVE THE RIGHT TO EXAMINE RETURNS FOR A PERIOD OF THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,141,896. DIRECT SPECIAL EVENT EXPENSES 10,578. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,141,896. DIRECT SPECIAL EVENT EXPENSES 10,578. PICTURING BRIGHTER FUTURES 128422 128422 1880 4955 159 3584 128422 128422 1880 4955 159 3584 10578 -10578 1 CORNERSTONE MONTESSORI SCHOOL 1611 AMES AVE ST PAUL MN 55106 411361913 501(C)3 20700 EARLY LEARNING SCHOLARSHIPS HALLIE Q BROWN COMMUNITY CENTER INC 270 N KENT ST ST PAUL MN 55102 410693846 501(C)3 5222 EARLY LEARNING SCHOLARSHIPS LA CRECHE EARLY CHILDHOOD CENTERS 300 S CEDAR LAKE RD MINNEAPOLIS MN 55411 410958652 501(C)3 7526 EARLY LEARNING SCHOLARSHIPS RAINBOW CHILD DEVELOPMENT INC ATTN MARIA MIKEL 605 COMO AVE ST PAUL MN 55103 411915967 28138 EARLY LEARNING SCHOLARSHIPS ROOM FOR GROWING INC 268 12TH STREET SW FOREST LAKE MN 55025 411543989 9141 EARLY LEARNING SCHOLARSHIPS SOUTHSIDE FAMILY NURTURING CENTER 2448 18TH AVE MINNEAPOLIS MN 55404 411274177 501(C)3 18350 EARLY LEARNING SCHOLARSHIPS KINDERCARE EDUCATION LLC 650 NE HOLLADAY ST STE 1400 PORTLAND OR 97232 061097006 48296 EARLY LEARNING SCHOLARSHIPS PHYLLIS WHEATLEY COMMUNITY CENTER MARY T WELCOME 1301 10TH AVE N MINNEAPOLIS MN 55411 410706132 501(C)3 22761 EARLY LEARNING SCHOLARSHIPS WAY TO GROW 125 WEST BROADWAY AVE N 110 MINNEAPOLIS MN 55411 710956749 501(C)3 10262 EARLY LEARNING SCHOLARSHIPS PUMPKIN PATCH - ZAKIA INC 14001 BURNHAVEN DR BURNSVILLE MN 55337 611435063 5143 EARLY LEARNING SCHOLARSHIPS CHANTEL K DACAS 1501 1ST ST NE NEW PRAGUE MN 56071 205420032 7736 EARLY LEARNING SCHOLARSHIPS YWCA OF MINNEAPOLIS 1130 NICOLETT MALL MINNEAPOLIS MN 554032405 410693891 501(C)3 19433 EARLY LEARNING SCHOLARSHIPS THE FAMILY PARTNERSHIP 414 EIGHTH ST S MINNEAPOLIS MN 55404 410693858 501(C)3 16834 EARLY LEARNING SCHOLARSHIPS NEW HORIZON CHILD CARE INC 3405 ANNAPOLIS LN N STE 100 PLYMOUTH MN 55447 411569865 246135 EARLY LEARNING SCHOLARSHIPS BABYS SPACE A PLACE TO GROW 2438 18TH AVE S MINNEAPOLIS MN 55404 204502788 501(C)3 11741 EARLY LEARNING SCHOLARSHIPS CREATIVE KIDS ACADEMY ATTN BRANDY SROGA-COONS 855 VILLAGE CENTER DR 382 ST PAUL MN 55127 264136621 37829 EARLY LEARNING SCHOLARSHIPS CENTRO TYRONE GUZMAN 1915 CHICAGO AVE S MINNEAPOLIS MN 55404 411290349 501(C)3 11660 EARLY LEARNING SCHOLARSHIPS KINDERCARE LEARNING CENTERS LLC 650 NE HOLLADAY ST STE 1400 PORTLAND OR 97232 630941966 64929 EARLY LEARNING SCHOLARSHIPS PATHWAYS TO PLAY EARLY LEARNING CENTER 1815 BROMLEY ST SOUTH ST PAUL MN 55075 260971859 10298 EARLY LEARNING SCHOLARSHIPS ROBIN'S NEST DAYCARE 210 17TH ST W HASTINGS MN 55033 900748095 7900 EARLY LEARNING SCHOLARSHIPS YMCA OF THE GREATER TWIN CITIES 651 NICOLLET MALL STE 500 MINNEAPOLIS MN 55402 452563299 501(C)3 10637 EARLY LEARNING SCHOLARSHIPS 11 10 EARLY LEARNING SUPPORT 1758 13755467 N/A N/A PART I, LINE 2: GRANTS AND SCHOLARSHIP COORDINATORS EXECUTE ESTABLISHED PROGRAM GUIDELINES ACCORDING TO PROGRAM SPECIFICATIONS. GRANTS: A PIER COMMITTEE REVIEWS FOR APPROVAL ALL GRANT PROPOSALS. FUNDING IS ALLOCATED BASED ON PROGRAM BALANCE AND COMMITTEE RECOMMENDATIONS. FUNDS ARE EXPENDED UPON RECEIPT OF GRANTEE INVOICES DOCUMENTING PURCHASES AND FULFILLMENT OF GRANT OBLIGATIONS. GRANTEES SUBMIT FINAL GRANT REPORTS. SCHOLARSHIPS: THROUGH A REVIEW PROCESS, ELIGIBILITY IS DETERMINED AND SCHOLARSHIPS ARE AWARDED, PROVIDING QUALITY EARLY LEARNING OPPORTUNITIES FOR CHILDREN ATTENDING PROGRAMS INVOLVED IN PARENT AWARE. FISCAL MONITORING OCCURS INTERNALLY AND WITH GOVERNMENT PARTNERS. X X X X X 1 0 0 0 0 0 0 0 0 BARBARA YATES PRESIDENT AND CEO 181416 0 0 0 1242 0 7881 0 16568 0 207107 0 0 0 RAY ABOYAN CHIEF OPERATING OFFICER 107129 0 0 0 62611 0 5141 0 16979 0 191860 0 0 0 PART I, LINE 4A TODD OTIS: $10,481 RAY ABOYAN: $57,855 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE ELECTIVE OFFICERS, THE IMMEDIATE PAST BOARD CHAIR, THE CHAIRS OF ANY STANDING COMMITTEES OF THE BOARD OF DIRECTORS, AND OTHER COMMITTEE CHAIRS AT THE DISCRETION OF THE BOARD CHAIR. THE COMMITTEE SHALL ONLY HAVE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION TO THE EXTENT DETERMINED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION AND REVIEW BY MANAGEMENT, THE DRAFT FORM 990 WILL GO TO THE FINANCE COMMITTEE FOR REVIEW. UPON THE FINANCE COMMITTEE'S APPROVAL, IT WILL BE SUBMITTED TO THE FULL BOARD FOR FINAL REVIEW AND APPROVAL. ONCE COMPLETE, THE APPROVED DOCUMENT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL NOTIFICATIONS ARE GIVEN TO ALL AFFECTED OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ALONG WITH A REQUIREMENT FOR A SIGNED CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST POLICY IS DESIGNED TO IDENTIFY SITUATIONS THAT PRESENT POTENTIAL CONFLICTS OF INTEREST AND TO PROVIDE THE ORGANIZATION WITH A PROCEDURE WHICH WHEN OBSERVED WILL ALLOW A TRANSACTION TO BE TREATED AS VALID AND BINDING. ANY RESPONSIBLE MEMBER IS REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST BEFORE THE BOARD OR COMMITTEE THEREOF WHO SHALL DETERMINE WITHOUT THE INTERESTED INDIVIDUAL IF A CONFLICT OF INTEREST EXISTS. THE RESPONSIBLE PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT THE ORGANIZATION'S DECISION REGARDING SUCH CONTRACT OR TRANSACTION AND MAY NOT PARTICIPATE OR HEAR THE BOARD OR COMMITTEE'S DISCUSSION OF THE MATTER, IS NOT COUNTED FOR THE PRESENCE OF A QUORUM, AND MAY NOT VOTE. THE ORGANIZATION DOCUMENTS PROCEEDINGS RELATED TO CONFLICTS OF INTEREST IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. AN EXTERNAL FIRM SPECIALIZING IN COMPENSATION SERVICES IS RETAINED FOR THE PURPOSES OF GATHERING AND PROVIDING INDEPENDENT MARKET DATA AND RECOMMENDING SALARY RANGE. THE PROCESS IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. SALARY DETERMINATION IS SENT IN WRITING FROM THE BOARD CHAIR TO THE PRESIDENT & CEO AND PROVIDED TO COO/HR DIRECTOR. IN JUNE 2018, THE ORGANIZATION CONTRACTED WITH AN EXTERNAL FIRM TO CONDUCT MARKET REVIEW OF CEO & 15 SENIOR MANAGEMENT POSITIONS. THE PROCESS UNDERWAY INCLUDES: PROJECT PLANNING AND CONFIRMATION OF MARKET PRICING PHILOSOPHY, JOB ANALYSIS AND EXTERNAL MARKET PRICING, COST IMPACT ANALYSIS, AND AN EXECUTIVE COMMITTEE TUTORIAL. THE PROCESS WILL BE REVIEWED WITH THE EXECUTIVE COMMITEE OF THE BOARD OF DIRECTORS ONCE COMPLETED AND DOCUMENTED IN COMMITTEE MINUTES. RANGES FOR KEY POSITIONS MAY ALSO BE UPDATED IF A VACANCY OCCURS, EITHER BY THE HR DIRECTOR OR AN OUTSIDE FIRM. BOTH UTILIZE MARKET DATA AND COMPENSATION SURVEYS TO INFORM THE RESULTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.