2015-04-15T16:04:23-05:00 2014-06-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2013-07-01 521362650 INCORPORATED RESEARCH INSTITUTIONS FOR SEISMOLOGY INCO 2026822220 1200 NEW YORK AVENUE NW NO 400 WASHINGTON DC 20005 CANDY SHIN CHIEF FINANCIAL OFFICER 2026822220 2015-04-16 1 WILLIAM E TURCO CPA P00369217 3012963600 2013 2016-02-25 16:41:14Z IRIS ROBERT DETRICK 1200 NEW YORK AVENUE NW NO 400 WASHINGTON DC 20005 42726515 0 X WWW.IRIS.EDU X 1984 DE FACILITATING RESEARCH AND EDUCATION ON EARTHQUAKES, EARTH STRUCTURE, AND EARTH DYNAMICS. 9 9 65 13 0 0 32918715 38283667 616132 355880 1140005 460357 0 0 34674852 39099904 16148488 19763547 0 0 7699820 7280498 0 0 11544 9674479 11729864 33522787 38773909 1152065 325995 6680526 7991633 4300666 5257258 2379860 2734375 - FACILITATE GEOPHYSICAL RESEARCH AND EDUCATION;- PROMOTE FREE AND OPEN EXCHANGE OF GEOPHYSICAL DATA AND KNOWLEDGE;- FOSTER COOPERATION TO ADVANCE GEOPHYSICAL RESEARCH AND CONVEY ITS BENEFITS TO ALL OF HUMANITY. 0 0 20904352 10250182 216683 IRIS PROGRAMS FOR THE COLLECTION AND DISTRIBUTION OF DATA INCLUDE:A GLOBAL SEISMOGRAPHIC NETWORK (GSN) OF MORE THAN 150 PERMANENT STATIONS WORLDWIDE FOR OBSERVATIONS OF GLOBAL EARTHQUAKE ACTIVITY; A LENDING FACILITY WITH MORE THAN 3000 PORTABLE INSTRUMENTS (PASSCAL) FOR TEMPORARY DEPLOYMENTS IN STUDIES OF EARTHQUAKES AND EARTH STRUCTURE; DATA SERVICES (DS) WHICH COLLECTS AND ARCHIVES ALL IRIS DATA; AN EDUCATION & PUBLIC OUTREACH (EPO) PROGRAM WHICH DEVELOPS RESOURCES AND MATERIALS FOR EDUCATIONAL SEISMOLOGY; AND TRANSPORTABLE AND MAGNETOTELLURIC ARRAYS. 7586865 3554849 139197 IRIS OPERATES USARRAY AS THE SEISMOLOGICAL AND MAGNETOTELLURIC COMPONENT OF EARTHSCOPE, A CONTINENT-SCALE OBSERVATORY FOR STUDYING THE STRUCTURE AND EVOLUTION OF THE NORTH AMERICAN CONTINENT AND PROVIDING INFORMATION FOR ASSESSING EARTHQUAKE AND VOLCANIC HAZARDS. BUILDING ON THE TECHNOLOGIES AND FACILITIES DEVELOPED FOR THE CORE IRIS PROGRAMS; USARRAY WILL COVER THE ENTIRE U.S. WITH A REGULAR 70-KM GRID OF SEISMIC STATIONS. AN ARRAY OF 400 INSTRUMENTS WILL GRADUALLY CROSS THE COUNTRY, OCCUPYING A TOTAL OF MORE THAN 1800 SITES WITH TWO YEARS OF OBSERVATIONS AT EACH SITE. 6532253 5958517 OTHER COLLABORATIVE PROJECTS SUPPORTING SEISMOLOGICAL RESEARCH INCLUDE:GLISN - A REAL-TIME SENSOR ARRAY OF 25 STATIONS IN GREENLAND FOR MONITORING GLACIAL EARTHQUAKES.CHILE - COLLABORATIONS WITH CHILE'S NATIONAL SEISMIC MONITORING NETWORKOMO - THE OCEAN BOTTOM SEISMOGRAPH INSTRUMENT POOL (OBSIP) MANAGEMENT OFFICE. 35023470 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 52 0 1 65 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X CANDY SHIN 2026822220 1200 NEW YORK AVENUE NW NO 400 WASHINGTON DC 20005 ANNE MELTZER CHAIR 4.00 X X 0 0 0 MATT FOUCH VICE-CHAIR UNTIL 12/31/13 4.00 X X 0 0 0 MICHAEL WYSESSION SECRETARY 2.00 X X 0 0 0 BRIAN STUMP CHAIR UNTIL 12/31/13 4.00 X X 0 0 0 GEOFFREY ABERS VICE-CHAIR 4.00 X X 0 0 0 EMILY BRODSKY DIRECTOR 2.00 X 0 0 0 PAUL DAVIS DIRECTOR UNTIL 12/31/13 2.00 X 0 0 0 GABI LASKE DIRECTOR 2.00 X 0 0 0 JEROEN RITSEMA DIRECTOR 2.00 X 0 0 0 JEROEN TROMP DIRECTOR UNTIL 12/31/13 2.00 X 0 0 0 BEATRICE MAGNANI DIRECTOR 2.00 X 0 0 0 JEFF MCGUIRE DIRECTOR 2.00 X 0 0 0 KATE MILLER DIRECTOR 2.00 X 0 0 0 DAVID SIMPSON PRESIDENT UNTIL 4/28/14 40.00 X 234491 0 51032 ROBERT DETRICK PRESIDENT FROM 4/28/14 40.00 X 0 0 0 CANDY SHIN TREASURER 40.00 X 154146 0 30001 TIM AHERN DATA SERVICES DIRECTOR 40.00 X 206649 0 43505 ROBERT BUSBY TRANSPORTABLE ARRAY MANAGER 40.00 X 150373 0 35633 ROBERT WOODWARD DIRECTOR OF INSTRUMENTATION SERVICES 40.00 X 182799 0 46201 ROBERT WOOLLEY DIRECTOR, PROGRAM SUPPPORT 40.00 X 165921 0 33706 KENT ANDERSON GSN PROGRAM MANAGER 40.00 X 131681 0 39272 BRENT EVERS OMO PROJECT MANAGER 40.00 X 119422 0 32452 JAMES GRIDLEY PORTABLE PROGRAM MANAGER 40.00 X 123476 0 38438 JOHN TABER EPO DIRECTOR 40.00 X 135589 0 37498 RAYMOND WILLEMANN DIRECTOR OF PLANNING 40.00 X 140938 0 31612 1745485 0 419350 11 0 1 0 MIKE LUNDGREN 16270 HIDDEN VALLEY ROAD SONORA CA 95370 HYBRID DRILL/CONSULTING SERVICES 142907 1 7500 38127768 148399 38283667 CORE 900099 216683 216683 USARRAY (TA) 900099 139197 139197 355880 31887 31887 3806581 248500 3626611 0 179970 248500 428470 428470 39099904 355880 0 460357 19720565 19720565 42982 42982 1045801 497062 548739 3632014 2840374 789273 2367 765955 546478 219089 388 1836728 1311135 524665 928 34379 34379 39300 39300 78601 78601 13625 13625 1768094 1430593 330837 6664 1551 1551 101959 7500 94053 406 613713 548557 65156 777513 68326 709187 795845 658031 137814 850401 804075 46326 14338 14338 127867 104362 23505 EQUIPMENT & SUPPLIES 5651946 5646693 4958 295 COMMUNICATIONS 539090 538088 1002 SHIPPING 114010 114010 MAINTENANCE & REPAIR 88473 88473 119159 56166 62497 496 38773909 35023470 3738895 11544 10828 62494 271372 590585 3668189 4726089 1176178 147203 315461 285095 143382 38104 119616 105278 1118882 1667388 407501 6680526 7991633 1890228 1779942 2119001 3165691 291437 311625 4300666 5257258 X 2355410 2709725 24450 24650 2379860 2734375 6680526 7991633 325995 28520 0 X 0 1 X 1 1 1 X 31990953 30590593 30943142 32918715 38135268 164578671 31990953 30590593 30943142 32918715 38135268 164578671 164578671 16459 19626 20966 18551 31887 107489 164686160 972012 0.99930 0.99930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78000 78000 38695909 38773909 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 71505 63000 63000 78000 275505 250000 250000 250000 250000 1000000 1500000 143382 38104 105278 105278 9568 SHRS VANGUARD FTSE DEVELOPED MAKTS E 407501 F 407501 OTHER LIABILITIES 7686 DEFERRED RENT 303939 311625 X 39128424 28520 28520 39099904 0 39099904 38773909 0 38773909 0 38773909 PART X, LINE 2: IRIS IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. IRIS HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2013 AND 2012. IRIS HAS ADOPTED THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, IRIS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. AS OF JUNE 30, 2013, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. GENERALLY, IRIS IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE 2010. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 2 PROGRAM SERVICE PASI WORKSHOP 104644 EUROPE (INCLUDING ICELAND & GREENLAND) 0 8 PROGRAM SERVICE TRAVEL, TELECOMMUNICATIONS 38742 ANTARCTICA 0 3 PROGRAM SERVICE TRAVEL 5936 NORTH AMERICA 0 4 PROGRAM SERVICE TRAVEL, TA STATION EXPENSES 246500 SOUTH AMERICA , 0 2 PROGRAM SERVICES TRAVEL 5457 RUSSIA & NEIGHBORING STATES 0 3 PROGRAM SERVICES TRAVEL, TELECOMMUNICATIONS 15447 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES TRAVEL, STATION REPAIRS 39231 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES TRAVEL 8244 RUSSIA & NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 31300 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 11682 0 24 0 0 0 24 464201 42982 507183 RUSSIA & THE NEWLY INDEPENDENT STATES GENERATION OF SEED ACTIVITIES 31300 WIRE TRANSFER NORTH AMERICA TA SITING 11682 CHECK 2 0 0 0 0 0 0 PART I, LINE 2: PROGRAM MANAGERS AND THEIR COMMITTEES ANNUALLY EVALUATE SUBAWARDEES' PROGRESS AND CONSIDER SUBAWARD BUDGETS AND NEW FUNDING RECOMMENDATIONS FOR THE COORDINATING COMMITTEE AND BOARD OF DIRECTORS TO REVIEW AND APPROVE. THE BUSINESS OFFICE REVIEWS SUBAWARD INVOICES TO ENSURE COMPLIANCE WITH FINANCIAL AND AWARD TERMS AND CONDITIONS. PROGRAM MANAGERS MONITOR SUBAWARDEES TO ENSURE THEY ARE ACCOMPLISHING THEIR PROGRAM GOALS AND OBJECTIVES. 1 COLUMBIA UNIVERSITY 254 ENGINEERING TERRACE PALISADES NY 10027 135598093 501(C)(3) 18589 MANAGE GSP NETWORK HONEYWELL TECH SOLUTIONS 7000 COUMBIA GATEWAY DRIVE COLUMBIA MD 21046 520741967 1056835 ALASKA TA DEPLOYMENT SUPPORT NM INSTITUTE OF MINING & TECH 801 LEROY PLACE SOCORRO NM 87801 856000411 501(C)(3) 3206685 OPERATE INSTRUMENT CENTER OREGON STATE UNIVERSITY 312 KERR ADMINISTRATION BLDG CORVALLIS OR 97331 481278540 501(C)(3) 188542 EARTHSCOPE MT OPERATIONS UNIVERSITY OF ALASKA FAIRBANKS PO BOX 757270 FAIRBANKS AK 99775 926000147 501(C)(3) 191965 SUPPORT EARTHSCOPE TA IN ALASKA UNIVERSITY OF WASHINGTON 1100 NE 45TH ST SEATTLE WA 98105 916001537 501(C)(3) 52574 IRIS DMC SUPPORT UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 2502086 GSN NETWORK OPERATOR (IDA)/DCC/ARRAY NETWORK UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 382492 ARRAY NETWORK FACILITY-METADATA UNIV OF TEXAS EL PASO 500 WEST UNIVERSITY AVENUE EL PASO TX 77902 746000813 501(C)(3) 234354 MAINTAIN TEXAN INSTRUMENTS RECON LLC 481 WEST ARCTIC AVENUE PALMER AK 99645 753090858 75931 TA RECONNAISSANCE SUPPORT IN ALASKA NM INSTITUTE OF MINING & TECH 801 LEROY PLACE SOCORRO NM 87801 856000411 501(C)(3) 34286 GLISN SUPPORT UNIVERSITY OF CALIFORNIA BERKELEY 2150 SHATTUCK AVE BERKELEY CA 94720 946002123 501(C)(3) 5028 BERKELEY DIGITAL SEISMIC NETWORK CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 E CALIFORNIA BLVD PASADENA CA 91125 916001537 501(C)(3) 5004 WAVEFORM DATA QUALITY COLUMBIA UNIVERSITY 254 ENGINEERING TERRACE PALISADES NY 10027 135598093 501(C)(3) 20381 MANAGE GSP NETWORK NM INSTITUTE OF MINING & TECH 801 LEROY PLACE SOCORRO NM 87801 856000411 501(C)(3) 612212 OPERATE INSTRUMENT CENTER UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 1201739 GSN NETWORK OPERATOR (IDA)/DCC UNIV OF TEXAS EL PASO 500 WEST UNIVERSITY AVENUE EL PASO TX 77902 746000813 501(C)(3) 63434 MAINTAIN TEXAN INSTRUMENTS UNIVERSITY OF WASHINGTON 1100 NE 45TH ST SEATTLE WA 98105 916001537 501(C)(3) 21274 IRIS DMC SUPPORT UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 2175512 OBSIP COLUMBIA UNIVERSITY 615 WEST 131ST STREET NEW YORK NY 10027 135598093 501(C)(3) 1833604 OBSIP WOODS HOLE OCEANOGRAPHIC INSTITUTION 266 WOODS HOLE RD WOODS HOLE MA 02543 042105850 501(C)(3) 1815508 OBSIP UNIVERSITY OF ALASKA FAIRBANKS PO BOX 757270 FAIRBANKS AK 99775 926000147 501(C)(3) 201226 SUPPORT EARTHSCOPE TA IN ALASKA TRINITY COLLEGE ONE TRINITY PLACE SAN ANTONIO TX 78212 741109633 501(C)(3) 21412 INTERATIVE EDUCATIONAL SOFTWARE COLUMBIA UNIVERSITY 254 ENGINEERING TERRACE PALISADES NY 10027 135598093 501(C)(3) 18972 DATA PRODUCTS MISSOURI UNIVERISTY OF SCIENCE & TECH 300 W 12TH STREET ROLLA MO 65409 436003859 501(C)(3) 25000 DATA PRODUCTS UNIVERISTY OF RHODE ISLAND 70 LOWER COLLEGE ROAD KINGSTON RI 02881 400000000 501(C)(3) 18364 DATA PRODUCTS UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 137079 IMS AUXILIARY STATION SUPPLEMENT PLAN LAWERENCE LIVEMORE LAB 7000 EAST AVENUE LIVERMORE CA 94550 205624386 501(C)(3) 35000 IRIS AUXILLARY DATA CENTER AT LLNL NM INSTITUTE OF MINING & TECH 801 LEROY PLACE SOCORRO NM 87801 856000411 501(C)(3) 464897 ARRAY OPERATIONS FACILITY UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 638780 ARRAY NETWORK FACILITY UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 93419 ARRAY NETWORK FACILITY-METADATA COASTAL TECHNICAL SERVICES 509 A 13TH STREET VIRGINIA BEACH VA 23541 204356526 365184 TA STATION CONSTRUCTION HONEYWELL TECH SOLUTIONS 7000 COUMBIA GATEWAY DRIVE COLUMBIA MD 21046 520741967 1160523 USARRAY TA DEPLOYMENT SUPPORT OREGON STATE UNIVERSITY 312 KERR ADMINISTRATION BLDG CORVALLIS OR 97331 481278540 501(C)(3) 340482 USARRAY MT OPERATIONS SOUTH CAROLIAN RESEARCH FOUNDATION 701 SUMTER ST COLUMBIA SC 29208 570967350 501(C)(3) 12422 REV & USARRAY MONITOR MAINTENANCE UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 16581 USARRAY CASCADIA OPERATIONS SUPPORT HONEYWELL TECH SOLUTIONS 7000 COUMBIA GATEWAY DRIVE COLUMBIA MD 21046 520741967 36136 USARRAY CASCADIA OPERATIONS SUPPORT UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 10584 DATA COLLECTION ASPECTS OF GRO-CHILE CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 E CALIFORNIA BLVD PASADENA CA 91125 951643307 501(C)(3) 41615 EARTHCUBE BUILDING BLOCKS COLUMBIA UNIVERSITY 615 WEST 131ST STREET NEW YORK NY 10027 135598093 501(C)(3) 36935 EARTHCUBE BUILDING BLOCKS UNIV OF CALIFORNIA SAN DIEGO 8622 DISCOVERY WAY LA JOLLA CA 92037 956006144 501(C)(3) 5355 EARTHCUBE BUILDING BLOCKS UNAVCO INC 6350 NAUTILUS DRIVE BOULDER CO 80301 841588357 501(C)(3) 29597 EARTHCUBE BUILDING BLOCKS UCAR (UNIDATA PROGRAM CENTER) 1850 TABLE MESA DRIVE BOULDER CO 80305 840412668 501(C)(3) 13166 EARTHCUBE BUILDING BLOCKS NM INSTITUTE OF MINING & TECH 801 LEROY PLACE SOCORRO NM 87801 856000411 501(C)(3) 89023 GLISN SUPPORT NM INSTITUTE OF MINING & TECH 801 LEROY PLACE SOCORRO NM 87801 856000411 501(C)(3) 59596 GEOICE SUPPORT RECON LLC 481 WEST ARCTIC AVENUE PALMER AK 99645 753090858 151182 TA RECONNAISSANCE SUPPORT IN ALASKA 40 6 PART I, LINE 2: PROGRAM MANAGERS AND THEIR COMMITTEES ANNUALLY EVALUATE SUBAWARDEES' PROGRESS AND CONSIDER SUBAWARD BUDGETS AND NEW FUNDING RECOMMENDATIONS FOR THE COORDINATING COMMITTEE AND BOARD OF DIRECTORS TO REVIEW AND APPROVE. THE BUSINESS OFFICE REVIEWS SUBAWARD INVOICES TO ENSURE COMPLIANCE WITH FINANCIAL AND AWARD TERMS AND CONDITIONS. PROGRAM MANAGERS MONITOR SUBAWARDEES TO ENSURE THEY ARE ACCOMPLISHING THEIR PROGRAM GOALS AND OBJECTIVES. X X 0 0 0 0 0 0 0 0 0 DAVID SIMPSON PRESIDENT UNTIL 4/28/14 231519 0 0 0 2972 0 33292 0 17740 0 285523 0 0 0 CANDY SHIN TREASURER 153709 0 0 0 437 0 21679 0 8321 0 184146 0 0 0 TIM AHERN DATA SERVICES DIRECTOR 203473 0 0 0 3176 0 28942 0 14562 0 250153 0 0 0 ROBERT BUSBY TRANSPORTABLE ARRAY MANAGER 148269 0 0 0 2104 0 21331 0 14302 0 186006 0 0 0 ROBERT WOODWARD DIRECTOR OF INSTRUMENTATION SERVICES 181295 0 0 0 1504 0 26023 0 20178 0 229000 0 0 0 ROBERT WOOLLEY DIRECTOR, PROGRAM SUPPPORT 163846 0 0 0 2075 0 23392 0 10314 0 199627 0 0 0 KENT ANDERSON GSN PROGRAM MANAGER 128926 0 0 0 2755 0 18918 0 20354 0 170953 0 0 0 BRENT EVERS OMO PROJECT MANAGER 119190 0 0 0 232 0 17216 0 15236 0 151874 0 0 0 JAMES GRIDLEY PORTABLE PROGRAM MANAGER 123110 0 0 0 366 0 18104 0 20335 0 161915 0 0 0 JOHN TABER EPO DIRECTOR 134449 0 0 0 1140 0 19702 0 17796 0 173087 0 0 0 RAYMOND WILLEMANN DIRECTOR OF PLANNING 139772 0 0 0 1166 0 20189 0 11423 0 172550 0 0 0 FORM 990, PART V, LINE 1A, VOTING BOARD MEMBERS: THE NINE-MEMBER IRIS BOARD OF DIRECTORS, ELECTED BY REPRESENTATIVES OF IRIS MEMBER INSTITUTIONS, SERVE ROTATING THREE-YEAR TERMS. IN FY-2014, THREE OF THE BOARD MEMBERS WHOSE TERMS EXPIRED WERE REPLACED BY NEW BOARD MEMBERS DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 6 EDUCATIONAL AND NOT-FOR-PROFIT INSTITUTIONS CHARTERED IN THE UNITED STATES, WITH A MAJOR COMMITMENT TO RESEARCH IN SEISMOLOGY AND RELATED FIELDS, MAY BECOME "VOTING MEMBERS". RESEARCH INSTITUTIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS, BOTH INSIDE AND OUTSIDE THE U.S., ENGAGED IN SEISMOLOGICAL RESEARCH AND DEVELOPMENT, WHICH MAY NOT OTHERWISE QUALIFY FOR IRIS MEMBERSHIP, MAY BE ELECTED EDUCATIONAL AFFILIATES, U.S. AFFILIATES, OR FOREIGN AFFILIATES. FORM 990, PART VI, SECTION A, LINE 7A REPRESENTATIVES OF THE VOTING MEMBER INSTITUTIONS ELECT THE NINE-MEMBER BOARD OF DIRECTORS BY WRITTEN BALLOT. DIRECTORS ARE ELECTED FOR THREE-YEAR TERMS, WHICH HAVE BEEN STAGGERED, SO THAT THREE NEW MEMBERS ARE TYPICALLY ELECTED EACH YEAR AT THE IRIS ANNUAL MEMBERS' MEETING IN DECEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE CFO IS RESPONSIBLE FOR THE TIMELY PREPARATION OF THE FORM 990. ANNUALLY, IRIS RETAINS A CPA FIRM TO PREPARE THE FORM 990, WORKING WITH THE CFO. THE CFO WILL SUBMIT THE DRAFT FORM 990 TO THE BOARD OF DIRECTORS AND THE IRIS BUDGET & FINANCE SUBCOMMITTEE FOR REVIEW PRIOR TO THE FILING DEADLINE AND REQUEST APPROVAL OF THE FILING. THE SUBCOMMITTEE MAY IDENTIFY QUESTIONS, CONCERNS OR ISSUES THAT SHOULD BE BROUGHT TO THE BOARD'S ATTENTION. ALL QUESTIONS, CONCERNS, ETC. OF THE BUDGET & FINANCE SUBCOMMITTEE AND THE BOARD OF DIRECTORS WILL BE ADDRESSED BY THE CFO AND PRESIDENT AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. THE CFO AND THE PRESIDENT WILL MAKE FINAL CORRECTIONS AND APPROVE THE FORM 990. THE CFO WILL FILE THE FINAL FORM 990 AS REQUIRED. COPIES OF ALL FILED FORM 990 RETURNS WILL BE MAINTAINED BY IRIS FINANCIAL SERVICES AND ARE AVAILABLE UPON REASONABLE REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, IRIS HQ WILL DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND FORM TO COMMITTEE MEMBERS AND SENIOR STAFF. THE POLICY REQUIRES ALL BOARD AND IRIS COMMITTEE MEMBERS TO SUBMIT THEIR SIGNED CONFLICT OF INTEREST FORMS TO THE DC HEADQUARTERS OFFICES. THE PRESIDENT'S ASSISTANT WILL COLLECT ALL THE FORMS AND IDENTIFY FORMS THAT HAVE REQUIRED DISCLOSURES TO THE PRESIDENT, FOR ANY NECESSARY ACTION, AND MISSING FORMS TO THE PRESIDENT AND/OR THE PROGRAM MANAGER, WHO IS ASSIGNED TO FOLLOW UP WITH THE NECESSARY PARTY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF EMPLOYEES IS NEGOTIATED AT THE START OF THEIR EMPLOYMENT AND EVALUATED ANNUALLY WITH THEIR SUPERVISOR, AND APPROVED BY THE PRESIDENT. THE PRESIDENT'S COMPENSATION IS EVALUATED ANNUALLY BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS APPROVES THE PRESIDENT'S COMPENSATION AND THE OVERALL AVERAGE SALARY INCREASE FOR OTHER STAFF, BASED ON COMPARABILITY DATA SUCH AS THE FEDERAL GOVERNMENT PAY INCREASES AND THE SOCIAL SECURITY ADMINISTRATION'S COST OF LIVING ADJUSTMENTS. THE BOARD'S DELIBERATIONS AND DECISIONS ARE RECORDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ONLINE THROUGH THE IRIS WEBSITE. THE IRIS CONFLICT OF INTEREST POLICY IS NOT GENERALLY MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REASONABLE REQUEST TO IRIS FINANCIAL SERVICES.