2016-11-11T08:51:36-06:00 2015-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2015-01-01 134043587 NEW YORK STRUCTURAL BIOLOGY CENTER INC NEWY 2129390660 89 CONVENT AVENUE NEW YORK NY 10027 WILLA APPEL EXECUTIVE DIRECTOR 2129390660 2016-11-10 1 ERIC GOLDFARB P01277125 2128674000 2015 2017-02-10 21:41:12Z DR WILLA APPEL 89 CONVENT AVENUE NEW YORK NY 10027 21459136 0 X WWW.NYSBC.ORG X 1999 NY TO OPERATE A STATE-OF-THE-ART FACILITY FOR RESEARCH IN STRUCTURAL BIOLOGY PROVIDING ADVANCED RESOURCES TO THE FACULTY OF PARTICIPATING MEMBERS OF ITS NINE MEMBER INSTITUTIONS EACH OF WHICH IS A 501(C)(3) ORGANIZATION. 18 18 53 21 0 0 30914977 19482378 0 0 331212 183778 287716 43609 31533905 19709765 400000 310000 0 0 4144214 5123315 0 0 0 8092586 7426655 12636800 12859970 18897105 6849795 68047914 72730856 7110531 5267265 60937383 67463591 X THE NYSBC MISSION IS TO PROVIDE ADVANCED RESEARCH RESOURCES TO THE FACULTY OF NYSBC'S 9 MEMBER INSTITUTIONS IN THREE KEY AREAS OF STRUCTURAL BIOLOGY: NUCLEAR MAGNETIC RESONANCE SPECTROSCOPY; CRYOELECTRON MICROSCOPY; AND X-RAY CRYSTALLOGRAPHY. THESE RESOURCES SERVE MORE THAN 100 PRINCIPAL INVESTIGATORS. IN ADDITION, THE NYSBC SERVES ITS MEMBER INSTITUTIONS BY OFFERING ACCREDITED ACADEMIC COURSES AND INFORMAL SEMINARS; AND BY DEVELOPING MULTI-INSTITUTIONAL RESEARCH COLLABORATIONS. 0 0 3401756 85000 SEE SCHEDULE O.NYSBC PROVIDES ACCESS TO HIGH-FIELD NUCLEAR MAGNETIC RESONANCE (NMR) SPECTROSCOPY TO FACULTY FROM ITS NINE AFFILIATED INSTITUTIONS. THE NMR FACILITY INSTRUMENTATION INCLUDES 8 NMR SPECTROMETERS: 2 @ 900 MHZ; 3 @ 800 MHZ; AND 1 EACH @ 750, 500 MHZ AND A 600 MHZ DYNAMIC NUCLEAR POLARIZATION SOLID STATE NMR (DNP-NMR). THE INSTRUMENTS OPERATE 24 HRS/DAY, 7 DAYS/WEEK AND ON AVERAGE WAS AVAILABLE 328 DAYS IN 2015. IN AUGUST, THE CONSOLE OF 800US#1 WAS UPGRADED TO AN AVANCEIII HD CONSOLE. THESE RESOURCES ALLOW RESEARCHERS TO DETERMINE THE STRUCTURE OF PROTEINS IN SOLUTION AND IN SOLID STATE ATOMIC RESOLUTION, DATA THAT PROVIDES INSIGHT INTO THE FUNCTIONAL PROPERTIES OF THE PROTEINS. IN 2015, GROUP MEMBERS FROM THE LABORATORIES OF 25 AFFILIATED PRINCIPAL INVESTIGATORS MADE USE OF THESE INSTRUMENTS. DATA COLLECTED WITH THESE INSTRUMENTS PRODUCED 19 PUBLICATIONS IN EMINENT SCIENTIFIC JOURNALS. THE CENTER ALSO CONDUCTED GRADUATE LEVEL LECTURE AND TRAINING SHORT COURSES TO TEACH ADVANCED NMR TECHNIQUES TO 24 GRADUATE STUDENTS AND POSTDOCTORAL FELLOWS FROM THE AFFILIATED INSTITUTIONS. 3685194 SEE SCHEDULE O.RESEARCH CONDUCTED AT THE SIMONS ELECTRON MICROSCOPY CENTER (SEMC) IS AIMED AT DETERMINING THE STRUCTURE OF MACROMOLECULES TO HELP UNDERSTAND THEIR FUNCTION. THE FACILITY HAS FOUR TRANSMISSION ELECTRON MICROSCOPES: 1 @ 120KV, 2 @ 200 KV, 1 @ 300 KV, AS WELL AS A DUAL-BEAM FOCUSED ION BEAM SCANNING ELECTRON MICROSCOPE. FIVE PERMANENT STAFF MEMBERS PROVIDE TECHNICAL SUPPORT FOR STRUCTURAL ANALYSIS OF MACROMOLECULES AND MAINTAIN THE INSTRUMENTS. IN 2015, THE CRYOELECTRON MICROSCOPY FACILITY SERVED 67 PRINCIPAL INVESTIGATORS FROM AFFILIATED INSTITUTIONS. THE CENTER PROVIDES REGULAR TRAINING WORKSHOPS FOR GRADUATE STUDENTS AND POST-DOCTORAL FELLOWS ON USING THE MICROSCOPES AND DATA PROCESSING. THE SEMC FACILITY HOSTS REGULAR SCIENTIFIC SEMINARS AND DISCUSSIONS TO ENABLE IT TO REMAIN ON THE PULSE OF ONGOING ACTIVITIES IN THE FIELD. ELEVEN PUBLICATIONS RESULTED FROM RESEARCH IN THE SEMC FACILITY IN 2015. 916751 SEE SCHEDULE O.NYSBC HAS MAINTAINED X-RAY CRYSTALLOGRAPHY RESOURCES AT BROOKHAVEN NATIONAL LABORATORY (BNL) SINCE 2003, WHEN NYSBC TOOK OVER THE OWNERSHIP AND OPERATION OF BEAMLINES X4A AND X4C AT THE NATIONAL SYNCHROTRON LIGHT SOURCE (NSLS). THESE BEAMLINES WERE MAINTAINED FOR THE PRODUCTIVE BENEFIT OF NYSBC SCIENTISTS AND ALSO FOR NSLS GENERAL USERS (25%) UNTIL NSLS WAS SHUT DOWN IN SEPTEMBER 2014. MEANWHILE, NYSBC UNDERTOOK TO DEVELOP A NEW MICRODIFFRACTION BEAMLINE, 19ID-NYX AT NSLS-II, THE SUCCESSOR SYNCHROTRON SOURCE AT BNL. NYX WILL BE SERVED BY AN IN VACUUM UNDULATOR (IVU), AND IT IS SCHEDULED TO BE OPERATIONAL EARLY 2017 TO PROVIDE THE MEMBER INSTITUTIONS AND ASSOCIATED INVESTIGATORS WITH SYNCHROTRON RADIATION AND INSTRUMENTATION NECESSARY FOR MACROMOLECULAR STRUCTURE DETERMINATION. THE NYX BEAMLINE DEVELOPMENT PROGRAM HAS ACCOMPLISHED SEVERAL MILESTONES ASSOCIATED IN DESIGNING AND CONSTRUCTING THE BEAMLINE. COMPONENTS THAT HAVE BEEN DEVELOPED INCLUDE (1) SHIELDED ENCLOSURES AND VACUUM TUBULATION FOR THE CONTAINMENT AND TRANSPORT OF THE SYNCHROTRON AND BREMSSTRAHLUNG RADIATION, (2) A NOVEL DOUBLE-CRYSTAL MONOCHROMATOR (DCM) TO PROVIDE HIGH ENERGY RESOLUTION FOR OPTIMIZED ANOMALOUS DIFFRACTION AND A SAGITTALLY BENT SECOND CRYSTAL TO PROVIDE HORIZONTAL FOCUSING, (3) A VERTICAL FOCUSING MIRROR TO PROVIDE MICRO FOCUSED X-RAYS TO CRYSTAL SAMPLES, (4) A MICRODIFFRACTOMETER AND INTEGRATED ROBOTIC SAMPLE CHANGER TO ORIENT AND EXCHANGE CRYOGENICALLY FROZEN CRYSTAL SAMPLES, AND (5) THE HF-4M DUAL MODE PIXEL ARRAY DETECTOR (DMPAD), WHICH PROVIDES A 2K X 2K ARRAY OF X-RAY SENSITIVE PIXELS OPTIMIZED TO COLLECT CRYSTALLOGRAPHIC DATA WITH UNPRECEDENTED DYNAMIC RANGE. NYX IS REQUIRED TO PROVIDE 50% OF ITS BEAMTIME TO NSLS-II GENERAL USERS, BUT THE REMAINDER WILL BE AVAILABLE TO NYSBC SCIENTISTS AND AFFILIATED USERS.DURING THE INTERVENING PERIOD WHEN NYSBC BEAMLINES WERE INOPERABLE, ACCESS FOR NYSBC X-RAY USERS HAS BEEN PROVIDED THROUGH REMOTE ACCESS SESSIONS AT THE ADVANCED LIGHT SOURCE OF LAWRENCE BERKELEY NATIONAL LABORATORY, AT THE ADVANCED PHOTON SOURCE OF ARGONNE NATIONAL LABORATORY AND THE STANFORD SYNCHROTRON LIGHT SOURCE OF THE STANFORD LINEAR ACCELERATOR CENTER. IN ADDITION, NYSBC MAINTAINS 'HOME-SOURCE' X-RAY GENERATORS AND DETECTORS AT ITS CENTRAL FACILITY IN NEW YORK CITY. INSTRUMENTATION FORMERLY USED AT NSLS X4A BEAMLINE IS NOW BEING RE-DEPLOYED AS A READILY MAINTAINABLE 'OPEN SOURCE' SYSTEM FOR NYSBC STAFF AND AFFILIATED USERS. 3125167 225000 NYSBC COMPLETED A 5-YEAR GRANT IN 2010 FUNDED BY THE NIH PROTEIN STRUCTURE INITIATIVE. THE GRANT, THE NEW YORK CONSORTIUM OF MEMBRANE PROTEIN STRUCTURE (NYCOMPS), FOCUSED ON THE STRUCTURES OF MEMBRANE PROTEINS, WHICH ARE HIGHLY IMPORTANT BIOMOLECULES IN HUMAN HEALTH AND DISEASE. THE RESEARCH SOLVED 10 NOVEL STRUCTURES, MANY OF WHICH WERE PUBLISHED IN HIGHLY RANKED JOURNALS, INCLUDING FOUR "NATURE" PUBLICATIONS. AS A RESULT OF THESE ACCOMPLISHMENTS, IN 2010, NYSBC WAS AWARDED TWO NEW 5-YEAR NIGMS PROTEIN STRUCTURE INITIATIVE GRANTS: A 5-YEAR CONTINUATION OF NYCOMPS; AND THE TRANSCONTINENTAL EM INITIATIVE FOR MEMBRANE PROTEIN STRUCTURE (TEMIMPS). THESE TWO AWARDS SUPPORT STRUCTURAL DETERMINATION OF INTEGRAL MEMBRANE PROTEINS, UTILIZING X-RAY CRYSTALLOGRAPHIC AND CYROELECTRON MICROSCOPY APPROACHES, RESPECTIVELY.IN 2015, MEMBERS OF NYCOMPS PUBLISHED FOUR PAPERS: THREE OF THESE REPORTED NOVEL INTEGRAL MEMBRANE PROTEIN STRUCTURES AS DETERMINED BY X-RAY CRYSTALLOGRAPHY AND APPEARED IN THE PRESTIGIOUS NATURE AND SCIENCE FAMILY OF JOURNALS; THE FOURTH WAS A REVIEW ARTICLE THAT SUMMARIZED RECENT ADVANCES IN X-RAY CRYSTALLOGRAPHIC METHODS. 3125167 225000 11128868 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 53 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X DR WILLA APPEL EXECUTIVE DIRECTOR 2129390660 89 CONVENT AVENUE NEW YORK NY 10027 DR DAVID HIRSH CHAIRMAN 4.00 X X 0 0 0 DR ALLEN SPIEGEL SECRETARY 0.10 X X 0 0 0 DR ERIC COTTINGTON TREASURER 0.20 X X 0 0 0 DR MARK GIRVIN BOARD MEMBER 0.10 X 0 0 0 DR GILLIAN SMALL BOARD MEMBER 0.10 X 0 0 0 DR KEVIN GARDNER BOARD MEMBER 0.10 X 0 0 0 DR ANN MCDERMOTT BOARD MEMBER 0.10 X 0 0 0 DR CHRISTOPHER LIMA BOARD MEMBER 0.10 X 0 0 0 DR ANEEL AGGARWAL BOARD MEMBER 0.10 X 0 0 0 DR MING-MING ZHOU BOARD MEMBER 0.10 X 0 0 0 DR PAUL HORN BOARD MEMBER 0.10 X 0 0 0 DR SETH DARST BOARD MEMBER 0.10 X 0 0 0 DR TIMOTHY P O'CONNOR BOARD MEMBER 0.10 X 0 0 0 DR ERASMUS SCHNEIDER BOARD MEMBER 0.10 X 0 0 0 DR PATRICK VAN ROEY BOARD MEMBER 0.10 X 0 0 0 IRA MILLSTEIN ESQ BOARD MEMBER 0.10 X 0 0 0 DR FREDERICK MAXFIELD BOARD MEMBER 0.10 X 0 0 0 MR LESLIE GREENGARD BOARD MEMBER 0.10 X 0 0 0 DR WILLA APPEL EXECUTIVE DIRECTOR 37.50 X 374655 0 52673 DR CLINTON POTTER SEMC - CO DIRECTOR 37.50 X 284654 0 64912 DR BRIDGET CARRAGHER SEMC - CO DIRECTOR 37.50 X 289475 0 43915 DR MICHAEL GOGER SR. SCIENTIST & NMR MGR. 37.50 X 153978 0 15398 DR JOSEPH LIDESTRI SR. SCIENTIST & MGR. OF BEAMLINE DEVELOPMENT 37.50 X 137949 0 18691 DR XIAOCHUN YANG SR. RESEARCH ASSOCIATE 37.50 X 121940 0 38865 1362651 0 234454 10 0 1 0 FEI COMPANY 5350 NE DAWSON CREEK DRIVE HILLSBORO OR 97124 SCIENTIFIC EQUIPMENT 4616664 DATA DIRECT NETWORKS 2929 PATRICK HENRY DRIVE SANTA CLARA CA 95054 SCIENTIFIC EQUIPMENT 861591 BRUKER BIOSPIN CORPORATION 15 FORTUNE DRIVE BILLERICA MA 01821 SCIENTIFIC EQUIPMENT 781834 GATAN INC 780 COMMONWEALTH DIRVE WARRENDALE PA 15086 SCIENTIFIC EQUIPMENT 451561 PK ASOCIATES INC 30 CLAREMONT AVENUE THORNWOOD NY 10594 RENOVATION & CONSTRUCTION 426003 16 8479195 11003183 296500 19482378 187531 187531 1139707 605911 1014870 734501 124837 -128590 -3753 -3753 43609 43609 43609 19709765 0 0 227387 310000 310000 427328 141018 286310 3622248 3102154 520094 351216 301453 49763 432498 356191 76307 290025 234071 55954 44108 25717 18391 114571 44760 69811 51000 51000 11943 11943 38361 38361 129371 87962 41409 434488 339850 94638 1589960 1380143 209817 148937 129254 19683 35795 21970 13825 1372 1372 3108097 2987908 120189 257282 208006 49276 LAB SUPPLIES AND EQUIPM 741834 733716 8118 SUBCONTRACTORS EXPENSE 641437 641437 78099 71315 6784 12859970 11128868 1731102 0 800 800 5292331 4549853 15090152 13761278 32903 32392 196469 803184 79145012 31914092 41003260 47230920 6431999 6352429 68047914 72730856 3950870 3325920 3159661 1941345 7110531 5267265 X 44818426 52717875 16118957 14745716 60937383 67463591 68047914 72730856 6849795 -323587 0 X X 0 1 X 1 1 1 X 13962318 10550182 11823590 30914977 19482378 86733445 13962318 10550182 11823590 30914977 19482378 86733445 23793747 62939698 99289 182927 171388 185431 187531 826566 516962 57089 56048 287716 43609 961424 88521435 0.71100 0.75700 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 11943 0 0 11943 0 PART II-B, LINE 1: LOBBYING ACTIVITIES CONSISTED OF THE FOLLOWING: EXTENSIVE MEETINGS, PHONE CONVERSATIONS, AND EMAILS REGARDING A POTENTIAL CAPITAL PROPOSAL AND THE APPLICATION FOR SAME. THESE INCLUDED INTERFACING WITH MEMBERS OF THE WAYS & MEANS COMMITTEE, THE ASSEMBLY SPEAKER, THE DEPUTY DIRECTOR OF OPERATIONS FOR THE GOVERNOR AND THE SECRETARY TO THE GOVERNOR. IN ADDITION, THERE WERE COMMUNICATIONS WITH EXECUTIVE CHAMBER STAFF FOR THE REGIONAL ECONOMIC DEVELOPMENT COUNCIL AS WELL AS THE NEW YORK CITY REGIONAL OFFICE OF EMPIRE STATE DEVELOPMENT, ALL WORKING TOWARDS THE APPLICATION FOR CAPITAL FUNDING. 4253220 1417741 2835479 26737576 8401696 18335880 33701372 22094655 11606717 14452844 14452844 47230920 X 19347817 -323587 -323587 19671404 38361 38361 19709765 12821609 0 12821609 38361 38361 12859970 PART X, LINE 2: UNCERTAINTY IN INCOME TAXES - THE CORPORATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2012 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES 1 TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 630 W 168TH STREET NEW YORK NY 10032 135598093 501(C)(3) 310000 RESEARCH 1 0 PART I, LINE 2: ALL SUBCONTRACTORS AND/OR GRANT RECIPIENTS SIGN AN AGREEMENT WITH NYSBC TO PERFORM WORK IN ACCORDANCE WITH PROJECT AIMS AND SPONSOR GUIDELINES. NYSBC REVIEWS INVOICES AND REQUESTS BACK UP DOCUMENTATION, AS NEEDED, IN ORDER TO REVIEW AND APPROVE ALLOWABLE EXPENSES. THE GRANTS & CONTRACTS MANAGER ALSO MONITORS EXPENDITURES ON SUBCONTRACTOR/GRANTEE INVOICES IN ORDER TO ENSURE ALIGNMENT WITH THE ORIGINAL BUDGET. NYSBC ALSO REQUESTS AND REVIEWS INSURANCE CERTIFICATES AND SINGLE AUDIT REPORTS ON AN ANNUAL BASIS. NYSBC'S INVESTIGATOR RECEIVES PROGRESS REPORTS FROM SUBCONTRACTORS/GRANTEES. PROGRESS REPORTS ARE SUBMITTED AT LEAST ON AN ANNUAL BASIS TO THE SPONSORING AGENCIES. DURING THE PROJECT PERIOD, NYSBC'S ADMINISTRATION AND PROGRAM STAFF ARE IN CONTACT WITH THE SUBCONTRACTOR/GRANTEE STAFF TO DISCUSS PROGRAM PROGRESS, PREPARE PRESENTATIONS FOR SCIENTIFIC MEETINGS AND TO DISCUSS ADMINISTRATIVE MATTERS. X X 0 0 0 0 0 0 0 0 0 DR WILLA APPEL EXECUTIVE DIRECTOR 374655 0 0 0 0 0 37721 0 14952 0 427328 0 0 0 DR CLINTON POTTER SEMC - CO DIRECTOR 284654 0 0 0 0 0 29000 0 35912 0 349566 0 0 0 DR BRIDGET CARRAGHER SEMC - CO DIRECTOR 289475 0 0 0 0 0 29000 0 14915 0 333390 0 0 0 DR MICHAEL GOGER SR. SCIENTIST & NMR MGR. 153978 0 0 0 0 0 15398 0 0 0 169376 0 0 0 DR JOSEPH LIDESTRI SR. SCIENTIST & MGR. OF BEAMLINE DEV 137949 0 0 0 0 0 14240 0 4451 0 156640 0 0 0 DR XIAOCHUN YANG SR. RESEARCH ASSOCIATE 121940 0 0 0 0 0 12693 0 26172 0 160805 0 0 0 X EQUIPMENT 1 296500 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): LISTED NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 6 ON JUNE 30, 1999, THE CORPORATION ENTERED INTO A MEMBERS CONTRIBUTION AGREEMENT (THE AGREEMENT) WITH ITS MEMBER PARTIES. THE AGREEMENT INCLUDED, AMONG OTHER THINGS, A LEGAL REQUIREMENT THAT THE THEN NINE MEMBER INSTITUTIONS (ALL TAX-EXEMPT UNDER THE INTERNAL REVENUE CODE) MAKE A STIPULATED CAPITAL CONTRIBUTION IN ORDER TO FUND THE CORPORATION'S CONSTRUCTION OF A RESEARCH FACILITY AND ACQUISITION OF HIGH-FIELD NUCLEAR MAGNETIC RESONANCE INSTRUMENTS. AT PRESENT EIGHT (8) CURRENT MEMBERS ALSO MAKE ANNUAL OPERATING CONTRIBUTIONS. (CUNY IS EXEMPT FROM THIS REQUIREMENT BY VIRTUE OF ITS CAPITAL IN-KIND CONTRIBUTION OF LAND AND A BUILDING). ANNUAL OPERATING CONTRIBUTIONS ENTITLE EACH MEMBER INSTITUTION TO A PRO-RATA SHARE OF TIME ON THE INSTRUMENTS OWNED AND OPERATED BY THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A AS PROVIDED FOR IN THE BY-LAWS, THE SUSTAINING, CONTRIBUTING AND ASSOCIATE MEMBER REPRESENTATIVES VOTE BY CLASS FOR BOARD DIRECTORS USING PRINCIPLES OF CUMULATIVE VOTING. IN EACH CASE, MEMBERS OF A CLASS DIVIDE THEIR VOTES EVENLY AMONG THE INDIVIDUALS NOMINATED BY THE MEMBERS. THIS ELECTION OCCURS AT EVERY ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS HAVE THE POWER TO ELECT BOARD DIRECTORS OF THE CORPORATION AND ARE ENTITLED TO VOTE ON ALL OTHER BUSINESS OF THE CORPORATION ON WHICH MEMBERS OF A NOT-FOR-PROFIT CORPORATION ARE ENTITLED TO VOTE PURSUANT TO NOT-FOR-PROFIT CORPORATION LAWS OF THE STATE OF NEW YORK OR PURSUANT TO THE BY-LAWS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR HAS BEEN DESIGNATED TO REVIEW AND APPROVE THE FORM 990 ON BEHALF OF ITS BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. THE ACCOUNTING STAFF AND THE EXECUTIVE DIRECTOR COMPLETE A 990 QUESTIONNAIRE PROVIDED TO NYSBC BY ITS INDEPENDENT AUDIT FIRM. A DRAFT FORM 990 IS THEN PREPARED BY THE INDEPENDENT AUDIT FIRM. IT IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR OF THE CORPORATION BEFORE THE FINAL FORM 990 IS SUBMITTED TO THE IRS. THE FORM 990 IS THEN MADE AVAILABLE TO THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS APPROVED THE CREATION OF A CONFLICTS RESOLUTION COMMITTEE COMPOSED OF MEMBERS OF THE BOARD OF DIRECTORS. NYSBC'S CONFLICT OF INTEREST POLICY IS REVIEWED AND REVISED PERIODICALLY BY THE ORGANIZATION'S OFFICERS AND COUNSEL. ALL EMPLOYEES ARE PROVIDED WITH A COPY OF THE POLICY AND ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. DISCLOSURE FORMS ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND CONFLICTS ARE SUBMITTED TO THE CONFLICTS RESOLUTION COMMITTEE FOR APPROPRIATE ACTION, IF NECESSARY. THE CONFLICT OF INTEREST POLICY IS POSTED ON NYSBC'S INTRANET. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR. THE PROCESS INCLUDES A COMPARISON OF COMPENSATION FOR A SIMILAR POSITION AT SIMILAR INSTITUTIONS. THE EXECUTIVE COMMITTEE MEETS TO DISCUSS EXECUTIVE COMPENSATION. COMPARISON ADMINISTRATOR DATA WAS REVIEWED FROM IVY LEAGUE SCHOOLS AND A COHORT OF NOT-FOR-PROFIT RESEARCH INSTITUTES (MERCER SURVEY). IN FEBRUARY 2015 THE EXECUTIVE COMMITTEE HELD A MEETING REGARDING WILLA APPEL'S COMPENSATION FOR FISCAL YEAR 2015. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.