2016-03-14T16:29:42-05:00 2015-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2014-07-01 311654076 ISLANDWOOD ISLA 2068554300 4450 BLAKELY AVENUE NE BAINBRIDGE ISLAND WA 981102257 BEN KLASKY PRESIDENT AND CEO 2068554300 2016-03-08 1 SARA ELIZABETH J HYRE P00235495 4254544919 2016-03-08 2014 2016-08-17 19:52:53Z BEN KLASKY 4450 BLAKELY AVENUE NE BAINBRIDGE ISLAND WA 981102257 13696997 0 X WWW.ISLANDWOOD.ORG X 1999 WA TO PROVIDE EXCEPTIONAL LEARNING EXPERIENCES & INSPIRE LIFELONG ENVIRONMENTAL & COMMUNITY STEWARDSHIP 19 19 212 121 0 655 3482333 4218128 4023128 4294838 1180496 1060801 -175833 -233993 8510124 9339774 334728 368324 0 0 4660350 5013634 0 0 938552 3830921 3999142 8825999 9381100 -315875 -41326 54705728 53930787 978842 1178384 53726886 52752403 X THE PRIMARY GOAL IS TO HELP CHILDREN & ADULTS DEVELOP A COMMITMENT TO LIFELONG LEARNING & ENVIRONMENTAL AND COMMUNITY STEWARDSHIP THROUGH HANDS-ON LEARNING EXPERIENCES COMBINING SCIENCE, TECHNOLOGY, & THE ARTS AT ISLANDWOOD'S 255-ACRE OUTDOOR LEARNING CENTER. 0 0 7096173 368324 4159864 ISLANDWOOD'S PROGRAM SERVICES CONSIST OF THE FOLLOWING INTEGRATED COMPONENTS: ISLANDWOOD CONDUCTS A 4-DAY, 3-NIGHT RESIDENTIAL SCHOOL PROGRAM WHERE 4TH - 6TH GRADE STUDENTS PARTICIPATE IN OUTDOOR FIELD STUDY PROJECTS AND COLLABORATE WITH VISITING ARTISTS AND SCIENTISTS. ISLANDWOOD ALSO WORKS WITH SCHOOLS PRIOR TO AND FOLLOWING THEIR STUDENTS' VISIT TO ISLANDWOOD BY ASSISTING TEACHERS AND STUDENTS IN CREATING WAYS TO INCORPORATE NEWLY ACQUIRED SKILLS THROUGH STUDENT-DESIGNED COMMUNITY PROJECTS. WE SERVED OVER 4,400 STUDENTS FROM 96 SCHOOLS IN THE PUGET SOUND REGION DURING THE FISCAL YEAR 2014 - 2015 IN THE SCHOOL OVERNIGHT AND SCHOOL PARTNERSHIP PROGRAMS. NEARLY FIFTY-ONE PERCENT OF THESE SCHOOLS RECEIVED FINANCIAL ASSISTANCE PROVIDED BY DONATIONS TO OUR SCHOLARSHIP ENDOWMENT AND ANNUAL FUND. GRADUATE STUDIES ARE OFFERED IN PARTNERSHIP WITH THE UNIVERSITY OF WASHINGTON AND SEATTLE PACIFIC UNIVERSITY AS A RESIDENTIAL OR COMMUTING STUDENT PROGRAM. IT PROVIDES EDUCATIONAL OPPORTUNITIES FOR CURRENT AND FUTURE EDUCATORS TO PURSUE STUDIES LEADING TOWARD TEACHER CERTIFICATION AND GRADUATE DEGREES IN EDUCATION. TWENTY-SEVEN GRADUATE STUDENTS WORKED CLOSELY WITH ISLANDWOOD FACULTY AS THEY ALTERNATED BETWEEN ACADEMIC STUDY AND TEACHING THE STUDENTS IN ISLANDWOOD'S SCHOOL OVERNIGHT PROGRAM.A VARIETY OF SUMMER PROGRAMS FOR CHILDREN AND FAMILIES WERE OFFERED THIS PAST YEAR AT ISLANDWOOD. APPROXIMATELY 600 CHILDREN PARTICIPATED IN THESE PROGRAMS. IN ADDITION, ISLANDWOOD HELD SEVERAL COMMUNITY EVENING LECTURES, SEASONAL FESTIVALS AND PARTNERSHIPS WITH OTHER CULTURAL ORGANIZATIONS THAT PROVIDED AN OPPORTUNITY FOR LOCAL COMMUNITY ACCESS TO THE ISLANDWOOD SITE. OVER 1,800 PEOPLE HAVE ATTENDED THESE EVENTS DURING THE YEAR. THE ISLANDWOOD FACILITIES, STAFF AND EXPERTISE WAS ALSO PROVIDED TO UNIVERSITIES, SCHOOLS, GOVERNMENTAL AGENCIES, TEACHER ORGANIZATIONS AND OTHER NON-PROFITS, ART AND SCIENCE ORGANIZATIONS. APPROXIMATELY 150 GROUPS THAT SHARE A SIMILAR COMMITMENT TO EDUCATION, LIFE-LONG LEARNING AND ENVIRONMENTAL STEWARDSHIP ATTENDED CONFERENCES DURING THE 2014 - 2015 FISCAL YEAR. 230248 134974 ISLANDWOOD CREATES AND LEADS ENVIRONMENTAL STEWARDSHIP PROGRAMS IN MANY PUGET SOUND AREA SCHOOLS THROUGH ITS HOMEWATERS PROGRAMS. OVER 4,400 STUDENTS PARTICIPATED IN THESE DAY PROGRAMS AT THEIR SCHOOLS AND SURROUNDING AREAS. IN ADDITION, ISLANDWOOD IS THE EDUCATIONAL PROGRAM PROVIDER AT BRIGHTWATER TREATMENT FACILITY LOCATED EAST OF PUGET SOUND. OVER 5,500 STUDENTS PARTICIPATED IN THE TOURS AND PROGRAMS OFFERED THERE. 7326421 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 1 0 0 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 73 0 1 212 1 1 1 0 0 0 0 1 1 1 1 0 0 0 X 19 19 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X LAURIE MILLER 2068554300 4450 BLAKELY AVE NE BAINBRIDGE IS WA 98110 DAVE GOLDBERG PRESIDENT 4.00 X X 0 0 0 JON SNARE TREASURER 4.00 X X 0 0 0 JOHN WARNER SECRETARY 4.00 X X 0 0 0 MARTHA KONGSGAARD BOARD MEMBER 2.00 X 0 0 0 NATE MILES BOARD MEMBER 2.00 X 0 0 0 STEVEN ROGERS BOARD MEMBER 2.00 X 0 0 0 BRAD SMITH BOARD MEMBER 2.00 X 0 0 0 EDWARD THOMAS BOARD MEMBER 2.00 X 0 0 0 GRETCHEN HUND ANDREWS CHAIR-ELECT 2.00 X 0 0 0 JASON BAUMGARTEN BOARD MEMBER 2.00 X 0 0 0 LINDA MYHRVOLD BOARD MEMBER 2.00 X 0 0 0 PRESTON SINGLETARY BOARD MEMBER 2.00 X 0 0 0 BEN PACKARD BOARD MEMBER 2.00 X 0 0 0 TOM STRITIKUS BOARD MEMBER 2.00 X 0 0 0 BETH MORGAN BOARD MEMBER 2.00 X 0 0 0 KATHERINE JAMES SCHUITEMAKER BOARD MEMBER 2.00 X 0 0 0 ALAN SMITH BOARD MEMBER 2.00 X 0 0 0 DALE SPERLING BOARD MEMBER 2.00 X 0 0 0 DENNIS MADSEN BOARD MEMBER 2.00 X 0 0 0 MAURGUERITE KONDRACKE BOARD MEMBER 2.00 X 0 0 0 LARRY ESTRADA BOARD MEMBER 2.00 X 0 0 0 JESSIE WOOLLEY - WILSON BOARD MEMBER 2.00 X 0 0 0 LAURY BRYANT BOARD MEMBER 2.00 X 0 0 0 MIKE LUNSFORD BOARD MEMBER 2.00 X 0 0 0 WILL RAVA BOARD MEMBER 2.00 X 0 0 0 MARC BEREJKA BOARD MEMBER 2.00 X 0 0 0 POOJA TANDON BOARD MEMBER 2.00 X 0 0 0 YOKO OKANO BOARD MEMBER 2.00 X 0 0 0 BOB KARR BOARD MEMBER 2.00 X 0 0 0 BEN KLASKY PRESIDENT, CEO 40.00 X 137657 0 33406 LAURIE MILLER CAO AND CFO 40.00 X 123330 0 12973 260987 0 46379 3 0 1 0 BDP NETWORKS LLC 5030 FIRST AVE SOUTH SEATTLE WA 98134 INFORMATION TECHNOLOGY 220294 1 1166 638563 3578399 168638 4218128 EDUC. CONFERENCE FEES 611600 2084255 2084255 TUITION-OVERNIGHT 611600 1340762 1340762 GRADUATE PROGRAM 611600 570751 570751 EDUCATION PROGRAM FEES 611600 292247 292247 COMMUNITY EVENTS 900099 6823 6823 4294838 335438 335438 23149 0 23149 23149 23149 4678037 36500 3954219 34955 723818 1545 725363 725363 109889 638563 367439 -257550 -257550 303 610 -307 -307 715 715 715 9339774 4294838 0 826808 313574 313574 54750 54750 326929 96480 188384 42065 3718537 3016357 236390 465790 83241 69379 3827 10035 451817 374874 25342 51601 433110 350840 35547 46723 41080 38004 3076 39284 39284 106158 106158 466917 375122 50052 41743 50163 36672 11596 1895 288778 214678 49323 24777 53612 26048 24144 3420 133843 98095 35748 70563 54219 11504 4840 185 185 1133147 862064 257955 13128 143734 109782 33952 FOOD 499543 486115 3967 9461 MAINTENANCE & REPAIRS 299026 228392 70634 COMPREHENSIVE CAMPAIGN 206711 206711 LODGE CLEANING 133792 133792 332606 281026 35217 16363 9381100 7326421 1116127 938552 110340 60509 1130986 1260877 1033563 1819647 246397 320017 85540 65310 131092 214772 46231582 11995693 35179989 34235889 14097393 13085310 2493807 2663811 196621 204645 54705728 53930787 275650 419126 703192 759258 978842 1178384 X 6737891 6847788 32034979 30632693 14954016 15271922 53726886 52752403 54705728 53930787 -41326 -933157 0 X 0 1 X 1 0 X 2419206 2780124 2503049 3482333 4218128 15402840 2419206 2780124 2503049 3482333 4218128 15402840 4491683 10911157 326072 264880 443585 350040 358587 1743164 3449 3276 53895 6126 715 67461 17213465 18914067 0.63390 0.64590 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE SETTLEMENT - 2012 AMOUNT: $ 809. MISCELLANEOUS - 2010 AMOUNT: $ 552. 2011 AMOUNT: $ 675. 2012 AMOUNT: $ 1,360. 2013 AMOUNT: $ 1,641. 2014 AMOUNT: $ 715. FSA FORFEITURES - 2010 AMOUNT: $ 2,897. REFUND - 2011 AMOUNT: $ 2,601. 2012 AMOUNT: $ 51,726. REUNION FEE - 2013 AMOUNT: $ 4,485. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16959588 100958 248600 464868 106157 16240921 15616240 2265137 235500 563998 122291 16959588 14585217 1765177 236650 401057 96447 15616240 15506555 -221793 218085 362797 118663 14585217 13598643 2653268 265000 374082 106274 15506555 0.00000 0.92080 0.07920 0 0 6400000 6400000 37373427 10365589 27007838 982938 770020 212918 1475217 860084 615133 34235889 8303669 -933157 2600 -106158 -1036715 9340384 -610 -610 9339774 9278152 2600 610 3210 9274942 106158 106158 9381100 PART V, LINE 4: ISLANDWOOD USES A PORTION OF THE INVESTMENT INCOME TO GRANT SCHOLARSHIPS TO SCHOOLS AND GRADUATE STUDENTS. THE OTHER PORTION OF THE INVESTMENT INCOME IS USED FOR THE PREVENTATIVE MAINTENANCE OF THE FACILITY AND GROUNDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES -106,158. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST GIFT SHOP SALES -610. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST GIFT SHOP SALES 610. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED IN THE SEATTLE REGIONAL NEWSPAPER AND ON EVERY BROCHURE ISLANDWOOD PUBLISHES, AS WELL AS ON ISLANDWOOD'S WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 2663811 0 0 0 0 0 0 2663811 0 2663811 0 0 1 0 0 0 SCHEDULE F, PART IV, LINE 3: ISLANDWOOD DID NOT MEET THE REQUIREMENTS FOR FILING FORM 5471 FOR THE FISCAL YEAR 2015. DINNER IN THE WOODS 665108 560469 104639 157978 6289 3300 148882 WAKING THE WORLD 83344 78094 5250 5974 9446 35570 748452 638563 109889 163952 15735 3300 184452 367439 -257550 1 HORIZON ELEMENTARY 222 WEST CASINO RD EVERETT WA 98204 916018853 GOVERNMENT 17640 SCHOOL OVERNIGHT PROGRAM ASSISTANCE HIGHLAND PARK ELEMENTARY 1012 SW TRENTON STREET SEATTLE WA 98106 916001541 GOVERNMENT 6080 SCHOOL OVERNIGHT PROGRAM ASSISTANCE JOHN MUIR ELEMENTARY 3301 S HORTON ST SEATTLE WA 98144 916001541 GOVERNMENT 10200 SCHOOL OVERNIGHT PROGRAM ASSISTANCE AG BELL ELEMENTARY 11212 NE 112TH ST KIRKLAND WA 98033 916001645 GOVERNMENT 5130 SCHOOL OVERNIGHT PROGRAM ASSISTANCE ALLEN CREEK ELEMENTARY 6505 60TH DR NE MARYSVILLE WA 98270 916014415 GOVERNMENT 5760 SCHOOL OVERNIGHT PROGRAM ASSISTANCE BAILEY GATZERT ELEMENTARY 1301 E YESLER WAY SEATTLE WA 98122 916001541 GOVERNMENT 18850 SCHOOL OVERNIGHT PROGRAM ASSISTANCE DUNLAP ELEMENTARY 4525 S CLOVERDALE ST SEATTLE WA 98118 916001541 GOVERNMENT 11390 SCHOOL OVERNIGHT PROGRAM ASSISTANCE ARMIN JAHR ELEMENTARY 800 DIBB STREET BREMERTON WA 98310 916001656 GOVERNMENT 8960 SCHOOL OVERNIGHT PROGRAM ASSISTANCE CEDAR VALLEY COMMUNITY SCHOOL 19200 56TH AVE WEST LYNNWOOD WA 98037 916001871 GOVERNMENT 7380 SCHOOL OVERNIGHT PROGRAM ASSISTANCE EMERSON ELEMENTARY 9709 60TH AVE SOUTH SEATTLE WA 98118 916001541 GOVERNMENT 8000 SCHOOL OVERNIGHT PROGRAM ASSISTANCE VIEW RIDGE ELEMENTARY 7047 50TH AVE NE SEATTLE WA 98115 916001541 GOVERNMENT 14400 SCHOOL OVERNIGHT PROGRAM ASSISTANCE SUQUAMISH ELEMENTARY 18950 PARK AVE S SUQUAMISH WA 98392 910754974 GOVERNMENT 23736 SCHOOL OVERNIGHT PROGRAM ASSISTANCE DEARBORN PARK ELEMENTARY 2820 S ORCAS ST SEATTLE WA 98108 916001541 GOVERNMENT 8460 SCHOOL OVERNIGHT PROGRAM ASSISTANCE ROXHILL ELEMENTARY 9430 30TH AVE SW SEATTLE WA 98126 916001541 GOVERNMENT 7200 SCHOOL OVERNIGHT PROGRAM ASSISTANCE CONCORD INTERNATIONAL SCHOOL 723 S CONCORD ST SEATTLE WA 98108 916001541 GOVERNMENT 7680 SCHOOL OVERNIGHT PROGRAM ASSISTANCE KIMBALL ELEMENTARY 3200 23RD AVE S SEATTLE WA 98144 916001541 GOVERNMENT 8160 SCHOOL OVERNIGHT PROGRAM ASSISTANCE GRAHAM HILL ELEMENTARY 5149 GRAHAM ST SEATTLE WA 98118 916001541 GOVERNMENT 6580 SCHOOL OVERNIGHT PROGRAM ASSISTANCE CROWNHILL ELEMENTARY 1500 ROCKY POINT RD BREMERTON WA 98312 916001656 GOVERNMENT 8320 SCHOOL OVERNIGHT PROGRAM ASSISTANCE SOUTH SHORE K - 8 SCHOOL 4800 SOUTH HENDERSON SEATTLE WA 98118 916001541 GOVERNMENT 7800 SCHOOL OVERNIGHT PROGRAM ASSISTANCE LYNNDALE ELEMENTARY 7200 191ST STREET SW LYNNWOOD WA 98036 916001871 GOVERNMENT 5600 SCHOOL OVERNIGHT PROGRAM ASSISTANCE WILDWOOD ELEMENTARY 2405 S 300TH ST FEDERAL WAY WA 98003 916001624 GOVERNMENT 11880 SCHOOL OVERNIGHT PROGRAM ASSISTANCE WEST SEATTLE ELEMENTARY 6760 34TH AVE SW SEATTLE WA 98126 916001541 GOVERNMENT 16020 SCHOOL OVERNIGHT PROGRAM ASSISTANCE FAIRMOUNT PARK ELEMENTARY 3800 SW FINDLAY SEATTLE WA 98126 916001541 GOVERNMENT 12300 SCHOOL OVERNIGHT PROGRAM ASSISTANCE GREEN GABLES ELEMENTARY 32607 47TH AVE SW FEDERAL WAY WA 98023 916001624 GOVERNMENT 8228 SCHOOL OVERNIGHT PROGRAM ASSISTANCE MARTIN LUTHER KING ELEMENTARY 6725 45TH AVE S SEATTLE WA 98118 916001541 GOVERNMENT 6240 SCHOOL OVERNIGHT PROGRAM ASSISTANCE 25 0 GRADUATE PROGRAM SCHOLARSHIPS 8 8520 46230 BOOK SCHOLARSHIPS TO STUDENTS PART I, LINE 2: ISLANDWOOD GIVES GRANTS IN THE FORM OF SCHOLARSHIPS TO SCHOOLS THAT ATTEND OUR SCHOOL OVERNIGHT PROGRAM. NEED IS DETERMINED BY PARTICIPATION IN THE FREE AND REDUCED LUNCH PROGRAM AT EACH SCHOOL. ISLANDWOOD MONITORS THESE PARTICIPATION PERCENTAGES FOR THE FREE AND REDUCED LUNCH PROGRAM ON THE SUPERINTENDENT OF PUBLIC INSTRUCTION'S WEBSITE. GRADUATE STUDENT SCHOLARSHIPS ARE AWARDED BASED ON FINANCIAL NEED. X 1 1 X X X 0 0 0 0 0 0 0 1 0 BEN KLASKY PRESIDENT, CEO 125657 0 12000 0 0 0 5842 0 27564 0 171063 0 0 0 PART I, LINE 1A THE CEO RESIDES IN A HOUSE WHICH IS OWNED AND MAINTAINED BY ISLANDWOOD. PART I, LINE 7 A NON-FIXED PAYMENT WAS RECEIVED IN THE FORM OF A PERFORMANCE-BASED BONUS. SCHEDULE J, PART I; EFFECTIVE MARCH 8, 2010, ISLANDWOOD SPONSORED A DEFERRED COMPENSATION PLAN (THE PLAN) FOR THE BENEFIT OF ONE OF ITS KEY EMPLOYEES (THE PARTICIPANT) IN ACCORDANCE WITH SECTION 409(A) OF THE INTERNAL REVENUE CODE. UNDER THE PLAN THE EMPLOYER CONTRIBUTES AN AMOUNT AS DETERMINED ON A YEARLY BASIS AT THE DISCRETION OF THE BOARD OF DIRECTORS. THE PARTICIPANT BECOMES VESTED IN 20% OF THE BENEFIT AFTER EACH YEAR OF SERVICE. THE PARTICIPANT SHALL BECOME ENTITLED TO A PAYMENT OF AN AMOUNT EQUAL TO THE PARTICIPANT'S VESTED ACCOUNT, ON THE DATE AS DETERMINED BY THE ADOPTION AGREEMENT. ASSETS FOR THE PLAN ARE INVESTED IN A PARTICIPANT DIRECTED ACCOUNT. THIS PLAN WAS TERMINATED EFFECTIVE SEPTEMBER 19, 2014. X 6 81454 COST/SELLING PRICE X AUCTION ITEMS 54 79632 COST/SELLING PRICE X BACKPACKS 1 7500 FAIR MARKET VALUE X MISCELLANEOUS 1 52 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF STOCK, BACKPACK AND MISCELLANEOUS DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS. THE NUMBER OF AUCITON ITEMS REFLECTS THE TOTAL NUMBER OF ITEMS RECEIVED. FORM 990, PART I, LINE 6, DESCRIPTION OF VOLUNTEERS: ISLANDWOOD HAD 100 ACTIVE VOLUNTEERS WHO WORKED APPROXIMATELY 2500 HOURS GIVING TOURS, WORKING IN THE GEAR ROOM, SUPPORTING OUR SPECIAL EVENTS AND HELPING WITH ADMINISTRATIVE PROJECTS. ISLANDWOOD ALSO HAD 29 VOLUNTEER BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED TO ESTABLESH THE NON-GOVERNING ADVISORY COMMITTEE AND ADDED A THREE YEAR TERM LIMIT TO THE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 THE ACCOUNTING MANAGER AND THE DIRECTOR OF FINANCE REVIEW THE FORM 990 IN DETAIL. IT IS THEN PRESENTED TO THE FINANCE COMMITTEE FOR DISCUSSION PURPOSES. AFTERWARDS, A PUBLIC DISCLOSURE COPY OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING THE TAX RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD AND OFFICERS OF THE ORGANIZATION. CONFLICTS AND POTENTIAL CONFLICTS ARE TO BE REPORTED AS THEY ARISE TO THE GOVERNANCE COMMITTEE. THE GOVERNANCE COMMITTEE DETERMINES WHETHER OR NOT AN ACTUAL CONFLICT OF INTEREST EXISTS. IF AN ACTUAL CONFLICT IS DEEMED TO EXIST, THE GOVERNANCE COMMITTEE WILL REVIEW FOR POSSIBLE ACTION. THE FOLLOWING ARE THE RESTRICTIONS IMPOSED ON INDIVIDUALS FOR WHOM A CONFLICT EXISTS: THEY ARE REQUIRED TO RECUSE THEMSELVES FROM ALL FUTURE DISCUSSION, VOTING AND OTHER DECISION MAKING WITH REGARD TO THE TRANSACTION FOR WHICH THE CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR PERFORMS A REVIEW OF EACH DIRECTOR EVERY YEAR. THE SALARIES OF THE DIRECTORS ARE APPROVED BY THE BOARD DURING THE BUDGETING PROCESS. THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD. IN ADDITION, THE ORGANIZATION CONSULTS ANNUALLY WITH AN INDEPENDENT CONSULTANT TO COMPARE THE DIRECTOR COMPENSATION TO THE MARKET. THE LAST COMPENSATION REVIEW OF THE PRESIDENT OCCURRED IN NOVEMBER 2015. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.