2015-11-13T13:27:14-06:00 2014-12-31 271728945 O'CONNOR DAVIES LLP 555 HUDSON VALLEY AVENUE SUITE 106 NEW WINDSOR NY 12553 990 2014-01-01 141626657 GRACE SMITH HOUSE INC GRAC 8454527155 PO BOX 5205 POUGHKEEPSIE NY 12602 MICHELE POLLOCK RICH EXECUTIVE DIRECTOR 8454527155 2015-11-13 1 GARRETT M HIGGINS P00543209 8452202400 2015-11-10 2014 2016-04-25 22:37:26Z MICHELE POLLOCK RICH PO BOX 5205 POUGHKEEPSIE NY 12602 4456085 0 X WWW.GRACESMITHHOUSE.ORG X 1981 NY SEE SCHEDULE O 24 24 70 175 0 0 2344872 3986823 161201 157420 4952 18827 -46687 -81674 2464338 4081396 15459 9780 0 0 1567044 1590131 0 0 37918 963095 709790 2545598 2309701 -81260 1771695 3000749 4853766 217985 296992 2782764 4556774 X SEE SCHEDULE O 0 0 654137 9780 MARY LOU HEISSENBUTTEL RESIDENCEALSO KNOWN AS "MLHR" THIS SHELTER PROVIDES EMERGENCY FOOD AND SHELTER FOR UP TO 20 WOMEN AND CHILDREN WHO HAVE EXPERIENCED DOMESTIC VIOLENCE WHICH INCLUDES, BUT IS NOT LIMITED TO, PHYSICAL, VERBAL, SEXUAL, FINANCIAL AND/OR EMOTIONAL IN NATURE. IN THE FISCAL YEAR 2014 THE SHELTER FIELDED 1647 HOTLINE CALLS, DOWN SLIGHTLY FROM THE PRIOR YEAR. EMERGENCY SHELTER AND SERVICES WERE PROVIDED TO 74 WOMEN AND 58 CHILDREN THROUGHOUT 2014. THE AVERAGE LENGTH OF STAY WAS 44 DAYS. PROGRAM SERVICES ARE PROVIDED REGARDLESS OF RACIAL, ETHNIC, RELIGIOUS OR SOCIO-ECONOMIC STATUS OR ABILITY TO PAY. THE SHELTER ASSISTS WOMEN IN PROVIDING BASIC NEEDS DURING THEIR STAY SUCH AS TRANSPORTATION, CHILDCARE, ADVOCACY AND ACCESS TO LEGAL SERVICES. 443512 NORTHEAST SHELTER THE NORTHEAST SHELTER OR "NES" OPENED IN 1996 IN RESPONSE TO A PERCEIVED NEED FOR SERVICES IN MORE RURAL AREAS OF DUTCHESS COUNTY. THE FACILITY HAS A SMALL, RURAL SETTING WHICH PROVIDES A HOMEY ATMOSPHERE AND AN ENHANCED SENSE OF SAFETY FOR UP TO 10 CLIENTS. ADULT CLIENTS AND THEIR DEPENDENT CHILDREN WHO ARE SURVIVORS OF PHYSICAL, VERBAL, PSYCHOLOGICAL, SEXUAL, ECONOMIC, OR THREATENED ABUSE BY THE PERSON WITH WHOM THEY LIVE OR HAVE LIVED IN THE PAST ARE CANDIDATES FOR SHELTER. IT IS NOT REQUIRED THAT THE SURVIVOR BE RESIDING WITH THE ABUSER AT THE TIME OF THE INCIDENT. THE TWO MAIN CRITERIA ARE THAT THEY NEED SAFETY FROM AN INTIMATE PARTNER OR FAMILY MEMBER WHO IS ABUSING THEM AND THAT GRACE SMITH HOUSE HAS BEDS AVAILABLE.CLIENTS OF ANY AGE, RACE, ETHNICITY, RELIGION, SEXUAL ORIENTATION OR NATIONAL GROUP USE SHELTER SERVICES. AGES SERVED ARE FROM NEWBORN TO 16 ACCOMPANIED BY THEIR PARENT. ADULTS (EMANCIPATED) VARY FROM AGE 16 TO 70. BOTH SHELTER RESIDENCES ARE HANDICAPPED-ACCESSIBLE. THE MAXIMUM LENGTH OF SHELTER STAY IS 90 DAYS WITH THE AVERAGE LENGTH EQUALING 1 TO 4 WEEKS. IN 2014 NES FIELDED 236 HOT LINE CALLS. ALL ARE NOW ROUTED THROUGH THE MLHR SHELTER TO COMPLETE THE CENTRALIZATION OF THE PROCESS. DURING THE YEAR 33 WOMEN AND 19 CHILDREN WERE SERVED. WE EXPECT TO EVENTUALLY CLOSE THE NES LOCATION AND MOVE IT TO POUGHKEEPSIE. THIS WILL IMPROVE INTERNAL OPERATIONS, BE MORE COST-EFFECTIVE, AFFORD GREATER STAFFING FLEXIBILITY, AND PROVIDE A WIDER RANGE OF SERVICES IN THE AREA OF GREATEST NEED. THE ACTUAL DATE OF THE MOVE IS DEPENDANT ON FUNDING AND POSSIBLY CONSTRUCTION TIME IN THE EVENT WE WILL BE ABLE TO BUILD A NEW FACILITY. THE NEW LOCATION WILL BE EXPANDED FROM THE CURRENT 10-BED LICENSING TO 20-BEDS.THE PROJECT IS BEING FUNDED BY A PRIVATE GIFT AND AN APPLICATION TO NYS HHAP (HOMELESS HOUSING ASSISTANCE PROGRAM). 262896 OUTREACH PROGRAMTWO STAFF MEMBERS ARE HOUSED AT FAMILY COURT TO TAKE ALL OF THE CLIENTS COMING IN FOR FAMILY OFFENSE PETITIONS. THEY ALSO MAKE REFERRALS TO DOMESTIC VIOLENCE SERVICES AS APPROPRIATE AND CAN PROVIDE SOME COURT ADVOCACY. THEY SERVED OVER 1,218 CLIENTS IN 2014. THERE ARE TWO STAFF MEMBERS HOUSED AT CHILD PROTECTIVE SERVICES WHO PROVIDE SERVICES TO CLIENTS AND CONSULTATION TO CPS WORKERS ON ISSUES RELATING TO DOMESTIC VIOLENCE. IN 2014 THEY SERVED 482 CLIENTS. 76014 157420 BROOKHAVEN TRANSITIONAL HOUSING IS DESIGNED TO OFFER A SAFE AND STABLE ENVIRONMENT FOR SURVIVORS OF DOMESTIC VIOLENCE. IT INCLUDES INCREASING MEASURES OF SUPPORT FOR INDEPENDENT LIVING. IT IS A HOUSING PROGRAM IN SUPPORT OF AN ADVOCACY AND COUNSELING PROGRAM SUITABLE FOR INDIVIDUALS WHO HAVE LEFT THEIR ABUSER FOR AT LEAST 30 DAYS OR WHO MAY HAVE EXHAUSTED THEIR SHELTER STAY. RESIDENTS WILL IDEALLY LEARN ADDITIONAL COPING STRATEGIES AND WAYS OF HANDLING THEIR RESPONSIBILITIES SO THEY WILL BE IN A BETTER POSITION TO SUCCESSFULLY MOVE ON WITH LIVES THAT ARE FREE OF VIOLENCE. BROOKHAVEN IS A MANY-FACETED COMMUNITY THAT WORKS TO PROMOTE RESILIENCE AND NURTURE STABILITY. IN 2014, WE SERVED 20 WOMEN AND 32 CHILDREN. THE AVERAGE LENGTH OF STAY WAS 2.0 YEARS. 462090 NON RESIDENTIAL PROGRAMTHE GRACE SMITH HOUSE NON-RESIDENTIAL PROGRAM PROVIDES ADVOCACY AND SUPPORT SERVICES TO VICTIMS OF DOMESTIC VIOLENCE IN DUTCHESS COUNTY. IN 2014, TWO ADVOCATES SERVED 244 ADULTS WOMEN AND 104 CHILDREN PROVIDING COUNSELING, SUPPORT GROUPS, COURT ADVOCACY, SAFETY PLANNING, HOUSING AND EMPLOYMENT SEARCHES, REFERRAL TO LEGAL SERVICES AND HELP MANAGING DSS AND SECTION 8 ISSUES. IN ADDITION, THE LATINA FAMILY ADVOCATE PROVIDED BI-LINGUAL SERVICES TO 50 LATINA WOMEN AND MADE 20 PRESENTATIONS ABOUT DOMESTIC VIOLENCE IN THE COMMUNITY THROUGHOUT THE YEAR, 8 OF WHICH WERE LATINA. 538104 157420 1898649 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 70 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X WILLIAM STICKLE 8454527155 PO BOX 5205 POUGHKEEPSIE NY 12602 CATHERINE FORBES BOARD MEMBER 1.00 X 0 0 0 ERIN KAYLOR BOARD MEMBER 1.00 X 0 0 0 JEANINE THOMPSON BOARD MEMBER 1.00 X 0 0 0 LEIGH WILLIAMS BOARD MEMBER 1.00 X 0 0 0 LINDA SEWELL BOARD MEMBER 1.00 X 0 0 0 NAVINA HOOKER BOARD MEMBER 1.00 X 0 0 0 ANN MATTHEWS BOARD MEMBER 1.00 X 0 0 0 BROOKE FEDIGAN BOARD MEMBER 1.00 X 0 0 0 ELIZABETH KIRCHOFF BOARD MEMBER 1.00 X 0 0 0 ELIZABETH ROGER BOARD MEMBER 1.00 X 0 0 0 FRANCIS POMARICO BOARD MEMBER 1.00 X 0 0 0 JEAN HARRIS BOARD MEMBER 1.00 X 0 0 0 KATHLEEN METZGER BOARD MEMBER 1.00 X 0 0 0 STEVEN MATEER BOARD MEMBER 1.00 X 0 0 0 TIM TARPEY BOARD MEMBER 1.00 X 0 0 0 LAURA VINCENZI BOARD MEMBER 1.00 X 0 0 0 LISA WHALEN BOARD MEMBER 1.00 X 0 0 0 LORI ROLISON BOARD MEMBER 1.00 X 0 0 0 MARY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 NATALIE GILBERT BOARD MEMBER 1.00 X 0 0 0 MARK BURLINGAME BOARD MEMBER - THRU 4/14 1.00 X 0 0 0 ALIDA RANSOM BOARD MEMBER - THRU 4/14 1.00 X 0 0 0 DIANE C RUFFIN BOARD MEMBER - THRU 4/14 1.00 X 0 0 0 STEVEN CHICKERY CHAIR 1.00 X X 0 0 0 DONNA BETTS SECRETARY 1.00 X X 0 0 0 FRAN KNAPP SECRETARY - THRU 4/14 1.00 X X 0 0 0 BARBARA A PATSEY TREASURER 1.00 X X 0 0 0 ROBERT FINN TREASURER - THRU 4/14 1.00 X X 0 0 0 BARBARA MAURI VICE CHAIR 1.00 X X 0 0 0 WILLIAM STICKLE CFO 40.00 X 19733 0 4935 DONA ADLER CFO- THRU 7/14 40.00 X 45907 0 0 RENEE FILLETTE EXECUTIVE DIRECTOR- THRU 2014 40.00 X 76117 0 0 141757 0 4935 0 0 0 0 LEGAL SERVICES OF THE HUDSON VALLEY 90 MAPLE AVE WHITE PLAINS NY 10601 SUBCONTRACTED LEGAL SERVICES 101886 1 65831 104929 1460889 2355174 85678 3986823 BROOKHAVEN APARTMENT R 531110 157420 157420 157420 8657 8657 240164 229815 179 10349 -179 10170 10170 59406 104929 144695 -85289 -85289 MISCELLANEOUS INCOME 900099 2570 2570 CREDIT CARD REWARDS 900099 1045 1045 3615 4081396 157420 0 -62847 9780 9780 146692 124688 22004 1141565 903201 211586 26778 5773 4605 1047 121 116177 92415 21235 2527 179924 143524 32646 3754 73168 72604 564 16890 13512 3378 1444 1444 14627 11702 2925 14995 9855 2419 2721 73652 63707 9945 32046 25637 6409 67031 65836 1195 24066 19507 4559 1097 890 207 120101 96081 24020 28049 22439 5610 BAD DEBT EXPENSE 91237 91237 PURCHASED SERVICES 48158 38526 9632 ACTIVITIES 41216 32973 8243 FOOD 29968 29968 32045 25962 4066 2017 2309701 1898649 373134 37918 54107 12903 247312 183513 235004 222957 177266 172247 5617 1902 3691072 1929124 1848716 1761948 432727 2498296 3000749 4853766 208092 279458 5000 9164 4893 8370 217985 296992 X 2729146 2443879 53618 2112895 2782764 4556774 3000749 4853766 1771695 2315 0 X X 0 1 X 1 0 X 1770593 1742864 2361874 2344872 1956823 10177026 1770593 1742864 2361874 2344872 1956823 10177026 10177026 5329 7656 7729 5425 8657 34796 4309 122691 5560 3615 136175 10347997 980392 0.98350 0.98420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2010 AMOUNT: $ 4,309. 2011 AMOUNT: $ 68. 2013 AMOUNT: $ 4,309. 2014 AMOUNT: $ 2,570. DEBT FORGIVENESS - 2011 AMOUNT: $ 122,623. CREDIT CARD REWARDS - 2013 AMOUNT: $ 1,251. 2014 AMOUNT: $ 1,045. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 225616 225616 3204937 1768450 1436487 260519 160674 99845 1761948 SECURITY DEPOSIT PAYABLE 8105 SECURITY DEPOSIT INTEREST PAYABLE 265 8370 X 4248793 2315 21652 144874 168841 4079952 1444 1444 4081396 2474783 21652 144874 166526 2308257 1444 1444 2309701 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN PART VIII, LINE 8B 144,695. LOSS ON DISPOSAL OF ASSETS INCLUDED IN PART VIII, LINE 7B 179. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN PART VIII, LINE 8B 144,695. LOSS ON DISPOSAL OF ASSETS INCLUDED IN PART VIII, LINE 7B 179. AUCTION 69821 65096 4725 16769 84794 GALA 60930 23476 37454 4453 3002 16779 4 33584 16357 17227 3125 15773 164335 104929 59406 3125 21222 3002 117346 144695 -85289 1 IN 2014 WE DISTRIBUTED $9,780 IN ASSISTANCE TO 60 CLIENTS FOR A TOTAL OF 87 INDIVIDUAL REQUESTS FOR ASSISTANCE. THE REQUESTS ENCOMPASSED SAFETY AND SURVIVAL NEEDS INCLUDING UTILITIES; COURT AND DOCUMENTATION NEEDS; MEDICATION; TRANSPORTATION; CLOTHING; EDUCATIONAL (SCHOOL NEEDS FOR CHILDREN); EMPLOYMENT, (LICENSE, TRAINING, EQUIPMENT) FOOD AND FURNITURE. 60 9780 PART I, LINE 2: THE UNITED WAY PROVIDES US WITH A POOL OF MONEY EVERY YEAR THAT WE USE AT OUR DISCRETION TO ASSIST BOTH RESIDENTIAL AND NON RESIDENTIAL CLIENTS WITH BASIC DAY-TO-DAY NEEDS THAT THEY MAY BE UNABLE TO AFFORD DUE TO THEIR CIRCUMSTANCES. WITHOUT ANY SPECIFIC DIRECTION OR EXPECTATIONS FROM THE UNITED WAY, WE HAVE DESIGNED A FORM THAT REQUIRES THE FOLLOWING INFORMATION WHEN A REQUEST IS MADE: - THE CLIENT REQUESTING FUNDS - THE NATURE/PURPOSE OF THE REQUEST - THE EMPLOYEE ASSISTING THE CLIENT WITH THE TRANSACTION - THE AMOUNT BEING REQUESTED - ANY INDICATION THAT SOME OR ALL OF THE FUNDS WILL BE RETURNED - SIGNATURES OF THE REQUESTING EMPLOYEE, THEIR SUPERVISOR AND THE FINANCE DEPARTMENT ARE THEN OBTAINED AND THE FUNDS DISPURSED AT THE END OF EACH QUARTER, THE INFORMATION IS RECAPPED AND A REPORT IS SENT TO THE UNITED WAY DESCRIBING HOW MANY CLIENTS ACCESSED THE FUNDS, WHAT THEY WERE USED FOR AND HOW MUCH WAS SPENT. X 1080 X 19203 FMV X 1 2000 FMV X 4 5744 FMV X AUCTION ITEMS 169 41767 FMV X GIFT CARDS 266 7525 FMV X BEAUTY/FITNESS 15 4991 FMV X TOYS 19 3368 FMV 0 0 0 PART I, COLUMN (B): COLUMN (B) LISTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 1 THE PURPOSE AND MISSION OF GRACE SMITH HOUSE, INC. IS TO SUPPORT AND EMPOWER INDIVIDUALS AND FAMILIES TO LIVE FREE FROM DOMESTIC VIOLENCE BY: - PROVIDING A COMPREHENSIVE RANGE OF RESIDENTIAL AND NON-RESIDENTIAL SERVICES INCLUDING CRISIS SHELTER, ADVOCACY, COUNSELING, EDUCATION, AND HOUSING SUPPORT; -RAISING THE CONSCIOUSNESS OF THE COMMUNITY ABOUT DOMESTIC VIOLENCE; -INITIATING AND TAKING POSITIONS ON PUBLIC POLICIES CONCERNING DOMESTIC VIOLENCE. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE PURPOSE AND MISSION OF GRACE SMITH HOUSE, INC. IS TO SUPPORT AND EMPOWER INDIVIDUALS AND FAMILIES TO LIVE FREE FROM DOMESTIC VIOLENCE BY: - PROVIDING A COMPREHENSIVE RANGE OF RESIDENTIAL AND NON-RESIDENTIAL SERVICES INCLUDING CRISIS SHELTER, ADVOCACY, COUNSELING, EDUCATION, AND HOUSING SUPPORT; -RAISING THE CONSCIOUSNESS OF THE COMMUNITY ABOUT DOMESTIC VIOLENCE; -INITIATING AND TAKING POSITIONS ON PUBLIC POLICIES CONCERNING DOMESTIC VIOLENCE. FORM 990, PART VI, SECTION B, LINE 11 GRACE SMITH HOUSE, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL BOARD MEMBERS AND OFFICERS FOR THE ORGANIZATION. AFTER DISCLOSURE OF THE CONFLICT OF INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE BOARD SHALL DISCUSS THE POTENTIAL CONFLICT OF INTEREST AND VOTE UPON WHETHER TO PROCEED WITH THE TRANSACTION OR AGREEMENT. AN INTERESTED PERSON SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S DISCUSSION ON THE POTENTIAL CONFLICT OF INTEREST. AN INTERESTED PERSON SHALL NOT VOTE ON THE ISSUE OR ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER. AN INTERESTED PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE BOARD MEETING. ANNUALLY ALL BOARD MEMBERS AND OFFICERS SHALL SIGN A STATEMENT AFFIRMING THAT THEY HAVE READ AND UNDERSTOOD THE ORGANIZATION'S CONFLICT OF INTEREST, AND THAT ANY ACTUAL OR POTENTIAL CONFLICTS HAVE BEEN DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 EACH JOB IN THE AGENCY IS ASSIGNED TO A SALARY LEVEL. WITHIN EACH LEVEL THERE IS A MINIMUM SALARY AND A MAXIMUM SALARY. ONCE AN EMPLOYEE REACHES THE MAXIMUM SALARY, THE EMPLOYEE IS NO LONGER ELIGIBLE TO RECEIVE A SALARY INCREASE. EXCEPTIONS FOR AN EMPLOYEE WHO IS PAID OUTSIDE THE RANGE MUST BE APPROVED BY THE PERSONNEL COMMITTEE. THE EXECUTIVE DIRECTOR AND CFO'S SALARIES ARE DETERMINED BY THE EXECUTIVE COMMITTEE AND THE CHAIR OF PERSONNEL COMMITTEE. THE SALARY IS BASED ON A REVIEW OF COMPARABLE SALARIES IN OTHER AGENCIES AND ON THE ANNUAL PERFORMANCE EVALUATIONS. THE BOARD APPROVES THE SALARY OF THE EXECUTIVE DIRECTOR AND THE CFO AT THE SAME TIME AS THE APPROVAL OF THE OPERATING BUDGET, AND SUCH APPROVAL IS DOCUMENTED IN THE BOARD MINUTES. THIS APPROVAL OF SALARIES WAS LAST DONE IN 2014 AS AN INTEGRATED COMPONENT OF THE ANNUAL AGENCY BUDGET APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, CONFLICT OF INTEREST POLICY, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT AND FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.