2016-08-03T17:57:26-05:00 2015-12-31 330158349 LINK MURREL & COMPANY LLP 18831 BARDEEN AVENUE STE 200 IRVINE CA 926121520 990 2015-01-01 952021700 ONEOC ONEO 7149535757 1901 E FOURTH STREET NO 100 SANTA ANA CA 92705 DANIEL MCQUAID PRESIDENT&CEO 7149535757 2016-08-02 1 CRAIG W MURREL P00969203 9492611120 2016-08-02 2015 2016-12-15 16:53:06Z ONEOC DANIEL MCQUAID 1901 E FOURTH STREET NO 100 SANTA ANA CA 92705 8984136 0 X WWW.ONEOC.ORG X 1958 CA FULL SERVICE, NONPROFIT RESOURCE CENTER WITH AN EXTENSIVE OFFERING OF INTEGRATED SERVICES. 29 28 185 43352 0 0 5253244 6641612 1875361 2205889 1796 1506 14075 67005 7144476 8916012 1023608 1157961 0 0 3436322 4044652 0 0 559875 2671662 3108267 7131592 8310880 12884 605132 4815494 5357477 698628 1153826 4116866 4203651 X ONEOC'S MISSION IS TO ACCELERATE NONPROFIT SUCCESS WITH FUNDING FROM PUBLIC AND PRIVATE SOURCES. ONEOC DELIVERS THE FOLLOWING FOUR SERVICES: VOLUNTEER SERVICES, TRAINING SERVICES, CONSULTING SERVICES AND BUSINESS SERVICES. WE HELP ORANGE COUNTY'S NONPROFITS BECOME AS EFFECTIVE AND EFFICIENT AS THEY ARE PASSIONATE ABOUT THEIR MISSIONS. 1 1 1784937 1824088 VOLUNTEER SERVICES: CONNECTING NONPROFITS WITH VOLUNTEERS IS WHAT WE'VE DONE FOR 56 YEARS. IT'S WHAT WE DO, WHAT WE ARE, HOW WE LIVE. DURING 2014, ONEOC CONNECTED 31,683 INDIVIDUAL, FAMILY AND CORPORATE VOLUNTEERS IN SERVICE, DELIVERING 1,090,999 HOURS TO NONPROFITS VALUED AT $29.0 MILLION TO OUR COMMUNITIES. 272620 143857 TRAINING SERVICES: WE TRAIN HUNDREDS OF ORGANIZATIONS, THEIR STAFFS AND VOLUNTEERS IN OUR SEMINARS, WEBINARS AND TRAINING SESSIONS EVERY YEAR. WE IMPROVED THE SKILLS OF 2,687 NONPROFIT BOARDS, EXECUTIVES, STAFF AND VOLUNTEERS THROUGH 128 QUALITY, AFFORDABLE EDUCATIONAL EXPERIENCES IN BOARD EXCELLENCE, MARKETING, FUNDRAISING, VOLUNTEER MANAGEMENT, LEADERSHIP DEVELOPMENT AND NONPROFIT OPERATIONS. 153154 121555 CONSULTING SERVICES: WE USED A COLLABORATIVE APPROACH TO HELP 40 NONPROFITS ACCELERATE THEIR SUCCESS THROUGH A POOL OF 11 AFFILIATED EXPERT CONSULTANTS WHO SPECIALIZE IN PLANNING AND EVALUATION, ORGANIZATIONAL DEVELOPMENT, BOARD EXCELLENCE, FINANCE AND HUMAN RESOURCES, LEADERSHIP ADVANCEMENT, AND FUNDRAISING AND MARKETING. 5010539 1157961 116389 BUSINESS SERVICES: ONEOC OFFERS FISCAL SPONSORSHIP SERVICES FOR COMMUNITY INITIATIVE PROJECTS OF FOUNDATIONS, PHILANTHROPIC COLLABORATIONS, AND SOCIAL ENTREPRENEURS WHO WANT FISCAL SPONSORSHIP INCLUDING NONPROFIT INCUBATION. WE PROVIDE THE FINANCIAL, HUMAN RESOURCES AND OTHER CORE FUNCTIONS TO COMMUNITY INITIATIVES THAT DO NOT HAVE OR POSSIBLY WANT TO OBTAIN THEIR OWN APPROVED IRS NONPROFIT STATUS. ONEOC IS LEGALLY AND FINANCIALLY RESPONSIBLE FOR ALL FISCAL PROJECTS AND ACTIVITIES. AT THE END OF 2015, WE PROVIDED SERVICES TO 42 COMMUNITY INITIATIVES WHICH ALLOWED THEIR STAFF AND VOLUNTEERS TO MORE EFFECTIVELY AND EFFICIENTLY CARRY OUT THEIR MISSIONS. ONEOC ALSO BEGAN OFFERING GIVING SERVICES FOR COMPANIES THAT WANT EASY WAYS TO IMPROVE THEIR PHILANTHROPY IN THE COMMUNITY, EITHER BY ESTABLISHING A COMPANY FOUNDATION THROUGH A DONOR ADVISED FUND AT ONEOC OR EMPOWERING THEIR EMPLOYEES TO GIVE BY USING CHARITABLE GIVING CARDS. 5010539 1157961 116389 7221250 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 97 0 1 185 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X VALERIE FRYER 7149535757 1901 E FOURTH AVENUE STE 100 SANTA ANA CA 92705 BIRD JEFFREY TREASURER 3.00 X X 0 0 0 BLACK JEFF DIRECTOR 3.00 X 0 0 0 BULLARD MARNA VICE CHAIR-EXTERNAL AFFAIR 3.00 X X 0 0 0 CARROLL MICHAEL DIRECTOR 3.00 X 0 0 0 COPLEY DAVID VICE CHAIR-AUDIT 3.00 X X 0 0 0 DIAZ REGINO DIRECTOR 3.00 X 0 0 0 ESBER SUZANNE DIRECTOR 3.00 X 0 0 0 FAWAZ BASSAM SECRETARY 3.00 X X 0 0 0 BANDA MELYSSA DIRECTOR 3.00 X 0 0 0 MCQUAID DANIEL J PRESIDENT & CEO 37.50 X X 204498 0 12394 MEISTER GARY VICE CHAIR-GOVERNANCE 3.00 X X 0 0 0 BENJAMINS SHERRY DIRECTOR 3.00 X 0 0 0 MIER JAVIER DIRECTOR 3.00 X 0 0 0 PINKSTON ARNIE DIRECTOR 3.00 X 0 0 0 REDDEN MITCHELL DIRECTOR 3.00 X 0 0 0 REINDL ROB BOARD CHAIR 3.00 X X 0 0 0 BARBIER JESSICA DIRECTOR 3.00 X 0 0 0 SOKOL JULIE DIRECTOR 3.00 X 0 0 0 TALBOT TODD DIRECTOR 3.00 X 0 0 0 TILLOTSON MARK VICE CHAIR-BUS/FINANCE 3.00 X X 0 0 0 VOGEDING STEVEN DIRECTOR 3.00 X 0 0 0 BURNHAM TOM DIRECTOR 3.00 X 0 0 0 HART TALLIA DIRECTOR 3.00 X 0 0 0 HERD HEATHER DIRECTOR 3.00 X 0 0 0 HOGAN JOHN DIRECTOR 3.00 X 0 0 0 HURLEY BOB DIRECTOR 3.00 X 0 0 0 MISHRIKI JOSEPH DIRECTOR 3.00 X 0 0 0 MIRMAN E RICHARD DIRECTOR 3.00 X 0 0 0 QUINTANA KATHY DIRECTOR 3.00 X 0 0 0 FRYER VALERIE DIRECTOR OF FINANCE 37.50 X 108928 0 3065 STRAUCH TIMOTHY CHIEF OPERATING OFFICER 37.50 X 165929 0 6708 NEUEN SUE EXECUTIVE DIRECTOR-FISCAL 37.50 X 111425 0 484 POWERS BARBARA CHIEF DEVELOPMENT OFFICER 37.50 X 114215 0 8067 CHRISTOPHER LINDA PROJECT DIRECTOR (OC STEM) 37.50 X 104858 0 132 809853 0 30850 6 0 1 0 0 401525 234410 2058366 3947311 6641612 SERVICE FEES 900099 2205889 2205889 2205889 1506 1506 111272 234410 68124 43148 43148 MISCELLANEOUS INCOME 900099 23857 23857 23857 8916012 2205889 0 68511 1157961 1157961 449848 248338 149970 51540 3011928 2574709 139815 297404 333600 257681 52063 23856 249276 206960 19065 23251 1070445 1029750 34644 6051 27555 26668 452 435 46962 29256 11045 6661 153175 141779 6253 5143 78308 72092 605 5611 432486 402165 17944 12377 68478 50095 9043 9340 369754 312943 28807 28004 12100 9922 2178 120118 106807 7190 6121 1189 564 456 169 75434 54247 10739 10448 33756 23686 5134 4936 DIRECT CLIENT CARE 111968 111968 INKIND SUPPLIES EXPENSE 107938 103874 4064 POSTAGE AND PRINTING 102431 64719 3009 34703 TELEPHONE AND UTILITIES 93107 83601 4365 5141 203063 151465 29156 22442 8310880 7221250 529755 559875 2690548 2707003 1244342 1245803 387388 523736 156061 348025 6086 2062 69047 54110 481536 266237 160745 215299 91273 252873 10004 8566 4815494 5357477 478545 526740 88330 563200 117358 53522 14395 10364 698628 1153826 X 944924 1219476 3171942 2984175 4116866 4203651 4815494 5357477 X 605132 -518347 X X 0 1 X 1 1 1 X 7936647 4935153 5491447 5253244 6684760 30301251 1978543 2023424 2217332 1875361 2205889 10300549 9915190 6958577 7708779 7128605 8890649 40601800 0 4325519 2157583 1646877 1713876 2096637 11940492 4325519 2157583 1646877 1713876 2096637 11940492 28661308 6549 3061 2357 1796 1506 15269 6549 3061 2357 1796 1506 15269 7920 9087 27995 4414 23857 73273 9929659 6970725 7739131 7134815 8916012 40690342 0.70440 0.72130 0.00040 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5 324139 178874 124217 1 1 11352 7768 3584 470184 258469 211715 215299 CAPITAL LEASE 10364 10364 X 9308340 392328 392328 8916012 0 8916012 8703208 392328 392328 8310880 0 8310880 PART X, LINE 2: ONEOC FOLLOWS THE PROVISIONS OF FASB ASC 740 WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A NONPUBLIC ENTITY'S FINANCIAL STATEMENTS. IT DETAILS HOW ENTITIES SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE UNCERTAIN TAX POSITIONS THAT HAVE BEEN OR ARE EXPECTED TO BE TAKEN. AS SUCH, FINANCIAL STATEMENTS WILL REFLECT EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES' FULL KNOWLEDGE OF THE POSITION AND ALL RELEVANT FACTS. THERE WAS NO IMPACT TO ONEOC'S FINANCIAL STATEMENTS AS A RESULT OF FASB ASC 740. ONEOC'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED DECEMBER 31, 2012 THROUGH 2015 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ONEOC'S CALIFORNIA FORM 199, CALIFORNIA EXEMPT ORGANIZATION ANNUAL INFORMATION RETURN, FOR THE YEARS ENDED DECEMBER 31, 2011 THROUGH 2015 ARE SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD, GENERALLY FOUR YEARS AFTER THEY ARE FILED. SPIRIT OF VOLUNTEERISM 345682 234410 111272 34254 33870 345682 234410 111272 34254 33870 68124 43148 1 DR RIBA'S HEALTH CLUB INC 2100 W ALTON AVE STE 2 SANTA ANA CA 92704 272916664 501(C)(3) 175000 HEALTH AND EDUCATION SERVICES FRIENDS OF FAMILY HEALTH CENTER 501 S IDAHO ST LA HABRA CA 90631 271316512 501(C)(3) 5336 HEALTH & EDUCATION SERVICES LUCILLE PACKARD FOUNDATION FOR CHILDREN'S HEALTH 400 HAMILTON AVE STE 240 PALO ALTO CA 94301 770440090 501(C)(3) 215000 CANCER RESEARCH OC COMMUNITY FOUNDATION 4041 MACARTHUR BLVD STE 510 NEWPORT BEACH CA 92660 330378778 501(C)(3) 96144 HEALTH & EDUCATION SERVICES ACCESS CALIFORNIA SERVICES 631 BROOKHURST ST STE 107 ANAHEIM CA 92804 330826205 501(C)(3) 9396 HEALTH & EDUCATION SERVICES LATINO HEALTH ACCESS 450 W 4TH ST 130 SANTA ANA CA 92701 330562943 501(C)(3) 5500 HEALTH & EDUCATION SERVICES ALTAMED 2040 CAMFIELD AVE LOS ANGELES CA 90040 952810095 501(C)(3) 40948 HEALTH & EDUCATION SERVICES ST BALDRICK'S FOUNDATION 3720 STEPHAN M WHITE DR SAN PEDRO CA 90731 330585381 501(C)(3) 10000 CANCER RESEARCH PARENTS ADVOCATE LEAGUE 230502 ALICIA PKWY SUITE 277 MISSION VIEJO CA 92692 455514089 501(C)(3) 8000 PROGRAM FUNDS/ EMANCIPATION YMCA OF ORANGE COUNTY 13821 NEWPORT AVE SUITE 200 TUSTIN CA 92780 951644055 501(C)(3) 75000 HEALTH & EDUCATION SERVICES CHILDREN AND FAMILIES COMMISSION OF ORANGE COUNTY 1505 E 17TH ST STE 230 SANTA ANA CA 92705 475394284 501(C)(3) 5000 HEALTH & EDUCATION SERVICES WEILL CORNELL BRAIN & SPINE 525 E 68TH ST BOX 99 NEW YORK NY 10065 136094042 501(C)(3) 75000 CANCER RESEARCH SOUTHERN CALIFORNIA GRANTMAKERS 1000 N ALAMEDA ST STE 230 LOS ANGELES CA 90012 952831058 501(C)(3) 5100 PHILANTHROPY, VOLUNTARISM & GRANTMAKING ENTRUSTED LEGACY 7850 WHITE LANE STE E-150 BAKERSFIELD CA 93309 272049633 501(C)(3) 21500 EDUCATION WESTED 730 HARRISON ST SAN FRANCISCO CA 94107 950511590 501(C)(3) 69365 EDUCATION CIBAC'S FOUNDATION 21400 MAGNOLIA ST HUNTINGTON BEACH CA 92646 330723897 501(C)(3) 7456 EDUATION 2-1-1 ORANGE COUNTY P O BOX 10473 SANTA ANA CA 92711 330063532 501(C)(3) 46068 HUMAN SERVICES CHARITABLE VENTURES OF ORANGE COUNTY 1505 E 17TH ST STE 101 SANTA ANA CA 92705 208756660 501(C)(3) 64638 CAPACITY BUILDING GIVE FOR A SMILE P O BOX 600 STANTON CA 90680 452454983 501(C)(3) 5046 HEALTH & EDUCATION SERVICES THE JOYFUL CHILD P O BOX 12680 WESTMINSTER CA 92685 550794474 501(C)(3) 5000 EDUCATION TACKETT SERVICE DOGS P O BOX 2461 ORANGE CA 92859 462275762 501(C)(3) 12445 TRAINING DOWNTOWN INC 305 E4TH ST SANTA ANA CA 92701 264051161 CORPORATION 7500 CAPACITY BUILDING CHILDREN'S HOSPITAL OF ORANGE COUNTY FOUNDATION 1201 W LA VETA AVENUE ORANGE CA 92868 952321786 501(C)(3) 5460 HEALTH & EDUCATION SERVICES HELPING HANDS MINISTRIES INC 101 MAIN STREET SUITE 1 TALLULAH FALLS GA 30573 582266139 501(C)(3) 45210 HUMAN SERVICES JESSIE REES FOUNDATION P O BOX 80667 IRVINE CA 92688 451836440 501(C)(3) 10400 CANCER RESEARCH MAKE-A-WISH ORANGE COUNTY AND THE INLAND EMPIRE 3230 EL CAMINO REAL SUITE 100 IRVINE CA 92602 330036556 501(C)(3) 11075 HUMAN SERVICES ORANGE COUNTY RESCUE MISSION ONE HOPE DRIVE TUSTIN CA 92782 952479552 501(C)(3) 5442 HUMAN SERVICES THE SAN DIEGO FOUNDATION 2508 HISTORIC DECATUR SUITE 200 SAN DIEGO CA 92106 952942582 501(C)(3) 30000 PHILANTHROPY, VOLUNTARISM & GRANTMANKING WILLOW INTERNATIONAL 2335 EAST VISTA ROYALE DRIVE YORBA LINDA CA 92886 352534806 501(C)(3) 9000 HUMAN SERVICES PART I, LINE 2: ONEOC ESTABLISHED A DIRECT SPONSORSHIP MODEL WHEREBY ONEOC IS SOLELY RESPONSIBLE FOR EACH PROJECT ("GRANTEE ORGANIZATION). THE PROJECT'S ASSETS ARE THE PROPERTY OF ONEOC AND THE LIABILITIES ARE THE OBLIGATIONS OF ONEOC. ONEOC IS THE EMPLOYER OF RECORD FOR ANY EMPLOYEES ASSIGNED TO THE PROJECTS AND ACTS AS THE PRINCIPAL FOR SUBSTANTIALLY ALL OF THE TRANSACTIONS INCLUDING RECEIPT OF CASH FOR THE FISCAL SPONSORED PROJECTS OR THEIR ACTIVITIES AS WELL AS RECORDING RELATED INCOME AND EXPENSES, ALL OF WHICH ARE INCLUDED IN THE CENTER'S FINANCIAL STATEMENTS AND TAX RETURNS. EACH OF THE FISCALLY SPONSORED PROJECTS HAVE AN ADVISORY BODY THAT DECIDES WHICH CHARITIES SHALL RECEIVE THE NET PROCEEDS FROM THE EVENT. THE ADVISORY BODY THEN REQUESTS TO RELEASE THE FUNDS AS DIRECTED BY THE MISSION OF THE PROJECT. X X X X 0 0 0 0 0 0 0 0 0 MCQUAID DANIEL J PRESIDENT & CEO 185218 0 16700 0 2580 0 0 0 12394 0 216892 0 0 0 STRAUCH TIMOTHY CHIEF OPERATING OFFICER 150131 0 13500 0 2298 0 0 0 6708 0 172637 0 0 0 PART I, LINE 3 IN ADDITION TO THE BOXES CHECKED, SEE EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15 (SCHEDULE O) FOR FURTHER EXPLANATION REGARDING THE ESTABLISHMENT OF THE CEO'S COMPENSATION. X GIFT CERTIFICATES-TICKETS ASSOCIATED WITH FISCAL EVENTS 0 107938 FAIR MARKET VALUE 0 0 0 FORM 990, PART III, LINE 2 ONEOC'S CENTER FOR BUSINESS & COMMUNITY PARTNERSHIPS STARTED IN 2015. IT IS A ONE-STOP SHOP THAT HELPS YOUR BUSINESS LEVERAGE GIVING AND VOLUNTEERING INTO A STRONGER BRAND IMAGE WITH MEASURABLE BOTTOM-LINE RESULTS. ONEOC'S CENTER HELPS CORPORATIONS SET UP CHARITABLE GIVING PROGRAM TO GIVE TO NONPROFITS THRU DONOR ADVISED FUNDS, CHARITABLE GIVING CARDS AND HELPS CORPORATIONS SET UP CHARITABLE VOLUNTEER PROGRAMS TO DO MORE WITH NONPROFITS. FORM 990, PART III, LINE 3 ONEOC DID NOT CEASE ANY SERVICES. ONEOC IS EXPANDING THE AMERICORPS SERVICES AS OF THE END OF DECEMBER 2015 FOR AMERICORPS DISASTER PROGRAM. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE ORGANIZATION'S FINANCE DIRECTOR WORKS CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM IT ENGAGES TO REVIEW THE RETURN; AND THE FINAL DRAFT OF FORM 990 IS ALSO REVIEWED BY THE CEO & COO PRIOR TO PROVIDING THE DRAFT TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE ALSO MET WITH THE ACCOUNTING FIRM HIRED TO PREPARE THE FORM 990. SUBSEQUENT TO ITS REVIEW, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD REGARDING ITS OVERSIGHT OF THE FORM 990 AND THE FINAL DRAFT IS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ONEOC DOES HAVE A WRITTEN CONFLICT OF INTEREST POLICY ON FILE. THE BUSINESS & FINANCE COMMITTEE OF THE BOARD IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS. PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND EXECUTIVE LEADERSHIP OR KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: (1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICTS OF INTEREST QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE BUSINESS & FINANCE COMMITTEE AND ANY PERSONS WITH ACTUAL OR POTENTIAL CONFLICTS ARE INFORMED VIA WRITTEN COMMUNICATION. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST INCLUDES, BUT IS NOT LIMITED TO, THE FOLLOWING: (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED; (5) ANY CONFLICTING ISSUES DURING THE COURSE OF A BOARD MEETING WHICH CANNOT BE RESOLVED IS REFERRED BACK TO THE BUSINESS AND FINANCE COMMITTEE; AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD ASSIGNS A STANDING GOVERNANCE COMMITTEE, COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES FOR THE CEO. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND VARIABLE COMPENSATION CRITERIA FOR THE CEO. THE COMMITTEE USES BENCHMARKING DATA FOR THE TOTAL COMPENSATION AND BENEFITS PACKAGES OF THE CEO, I.E., TOTAL ECONOMIC BENEFITS PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR SIMILAR JOB RESPONSIBILITIES AND THE ANNUAL COMPENSATION & BENEFIT GUIDE BY THE CENTER FOR NONPROFIT MANAGEMENT. THE COMMITTEE PRESENTS ITS REPORT TO THE BOARD OF DIRECTORS FOR A DISCUSSION WHICH IS DOCUMENTED IN THE BOARD MINUTES. A SIMILAR PROCESS TAKES PLACE BY THE CEO FOR EACH OF THE KEY OFFICERS AND HIGHLY COMPENSATED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES IT FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EMANCIPATION TRANSFER OF ASSETS OF INTO OWN 501(C) EXEMPTION ORGANIZATIONS AGELESS ALLIANCE -22,321. FRIENDS OF RETINA INDIA -9,427. CHIOC -486,599. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.