2015-11-16T09:21:25-06:00 2014-12-31 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2014-01-01 046003451 NANTUCKET HISTORICAL ASSOCIATION NANT 5082281894 PO BOX 1016 NANTUCKET MA 02554 WILLIAM BOARDMAN TREASURER 5082281894 2015-11-12 1 BARBARA E KING P00005629 5087557107 2015-10-28 2014 2016-04-25 22:37:26Z WILLIAM BOARDMAN PO BOX 1016 NANTUCKET MA 02554 7229242 0 X WWW.NHA.ORG X 1894 MA THE NANTUCKET HISTORICAL ASSOCIATION TELLS THE INSPIRING STORIES OF NANTUCKET THROUGH ITS COLLECTIONS, PROGRAMS, AND PROPERTIES. 26 26 47 100 0 0 7003428 3777814 884922 908420 309108 1070743 402816 531514 8600274 6288491 0 0 0 0 1912511 1872889 0 0 767189 3006756 3060091 4919267 4932980 3681007 1355511 34497147 35020664 195027 268019 34302120 34752645 THE NANTUCKET HISTORICAL ASSOCIATION (NHA) TELLS THE INSPIRING STORIES OF NANTUCKET THROUGH ITS COLLECTIONS, PROGRAMS, AND PROPERTIES. 0 0 1434551 1280823 CURATORIAL & COLLECTION CARE - IN ADDITION TO THE NHA'S EXTENSIVE COLLECTION OF ARTIFACTS, IT ALSO OWNS AND MAINTAINS 21 HISTORIC PROPERTIES, OF WHICH MANY ARE OPEN TO THE PUBLIC. OVER 78,000 VISITORS ENTER NHA PROPERTIES EACH YEAR TO VIEW ITEMS FROM THE PERMANENT COLLECTION AS WELL AS TRAVELING CHANGING EXHIBITIONS. THE CURATORIAL DEPARTMENT CONTINUES TO ACCESSION GIFTS TO THE COLLECTION AND DIGITIZE THE IMAGES OF THE COLLECTION TO MAKE THE DATABASE ACCESSIBLE WORLDWIDE THROUGH THE INTERNET. 1120360 125164 EDUCATION AND PUBLIC PROGRAMS - THE NHA OFFERS A YEAR-ROUND SCHEDULE OF DIVERSE EDUCATIONAL PROGRAMS AT ITS PROPERTIES AND IN LOCAL SCHOOLS. DURING THE SUMMER SEASON, THE NHA OFFERS DAILY EXHIBITION TOURS AND WALKING TOURS OF THE ISLAND, INTERPRETIVE PRESENTATIONS, AND PUBLIC ACCESS TO THE DISCOVERY ROOM, WHICH IS A FAMILY LEARNING CENTER. THROUGHOUT THE ENTIRE YEAR, THE NHA ALSO OFFERS A LECTURE SERIES, MANY OF WHICH ARE FREE TO THE PUBLIC. THE 1800 HOUSE, ONE OF THE NHA'S PROPERTIES IS DEDICATED TO CELEBRATING AND REVIVING NANTUCKET'S RICH TRADITION IN HISTORIC DECORATIVE ARTS AND CRAFTS. COURSES RUN FROM MAY THROUGH OCTOBER AND ANNUAL REGISTRATIONS TOTALED 264 IN 2014. 726132 0 RESEARCH LIBRARY - THE NANTUCKET HISTORICAL ASSOCIATION RESEARCH LIBRARY IS A SPECIAL COLLECTIONS REPOSITORY OF PRIMARY RESOURCES FOCUSING ON NANTUCKET HISTORY. THE COLLECTIONS CONTAIN MORE THAN 5,000 VOLUMES AND 60,000 PHOTOGRAPHS, AS WELL AS ARCHIVAL DOCUMENTS SUCH AS SHIPS' LOGS, ACCOUNT BOOKS, FAMILY PAPERS, AND SCRAPBOOKS. 3281043 1 1 0 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 178 0 1 47 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X JOHANNA RICHARD 5082281894 15 BROAD STREET NANTUCKET MA 02554 CONSTANCE CIGARRAN DIRECTOR 2.00 X 0 0 0 FRANCI N NEELY DIRECTOR 2.00 X 0 0 0 MAUREEN BOUSA DIRECTOR 2.00 X 0 0 0 WHITNEY A GIFFORD DIRECTOR 2.00 X 0 0 0 ANNE MARIE BRATTON DIRECTOR 2.00 X 0 0 0 JOSETTE BLACKMORE DIRECTOR 2.00 X 0 0 0 MARY D MALAVASE CLERK 2.00 X 0 0 0 ANA ERICKSEN DIRECTOR 2.00 X 0 0 0 VICTORIA MCMANUS DIRECTOR 2.00 X 0 0 0 WILLIAM E LITTLE DIRECTOR 2.00 X 0 0 0 WILLIAM R CAMP JR DIRECTOR 2.00 X 0 0 0 L DENNIS SHAPIRO DIRECTOR 2.00 X 0 0 0 CALVIN R CARVER JR DIRECTOR 2.00 X 0 0 0 W MICHAEL COZORT DIRECTOR 2.00 X 0 0 0 JASON TILROE DIRECTOR 5.00 X 0 0 0 PHOEBE TUDOR DIRECTOR 2.00 X 0 0 0 KENNEDY RICHARDSON VICE PRESIDENT 2.00 X 0 0 0 OLIVIA CHARNEY DIRECTOR 2.00 X 0 0 0 CHRISTOPHER C QUICK DIRECTOR 2.00 X 0 0 0 MARIA SPEARS DIRECTOR 2.00 X 0 0 0 FINN X WENTWORTH DIRECTOR 2.00 X 0 0 0 KELLY M WILLIAMS DIRECTOR 2.00 X 0 0 0 DAVID D WORTH JR DIRECTOR 2.00 X 0 0 0 WILLIAM BOARDMAN TREASURER 5.00 X 0 0 0 KENNETH L BEAUGRAND VICE PRESIDENT 10.00 X 0 0 0 JANET L SHERLUND PRESIDENT 10.00 X 0 0 0 WILLIAM TRAMPOSCH EXECUTIVE DIRECTOR 40.00 X 195325 0 20516 JOHANNA RICHARD ASSOCIATE DIRECTOR 40.00 X 139106 0 23439 MIRJAN SHIRZAD DIR. OF VISITOR EXPERIENCE 40.00 X 113722 0 11419 448153 0 55374 3 0 1 0 TWIG PERKINS INC 3 VALLEY VIEW DRIVE PO BOX 432 NANTUCKET MA 02554 BUILDING RESTORATION 163712 1 490209 600656 2686949 3777814 ADMISSIONS 713990 783256 783256 EDUCATIONAL PROGRAMS 713990 125164 125164 908420 1070743 1070743 349002 0 349002 349002 349002 483214 600656 449267 33947 33947 629544 491484 138060 138060 MISCELLANEOUS 713990 10505 10505 10505 6288491 1405987 0 1104690 1444537 851895 431400 161242 428352 252610 127929 47813 33747 33747 51241 45549 5291 401 1078881 939417 69732 69732 14631 5570 9061 1019230 875096 72067 72067 14785 6592 8193 CAPITAL CAMPAIGN EXPENS 318648 318648 SUBCONTRACTED SERVICES 152369 112920 38208 1241 SUPPLIES 92472 68462 22035 1975 HOSPITALITY 61887 38534 8001 15352 222200 84398 59084 78718 4932980 3281043 884748 767189 2111433 3005390 4234092 3947183 303750 335050 303750 137375 160012 61899 102937 25255675 9903210 15829993 15352465 11818605 11813877 34497147 35020664 195027 268019 195027 268019 X 19882111 19481162 2875927 3219459 11544082 12052024 34302120 34752645 34497147 35020664 1355511 -904986 0 X 0 1 X 1 0 X 2439646 3667189 2567070 2465113 2521976 13660994 2439646 3667189 2567070 2465113 2521976 13660994 3052379 10608615 497019 580124 661039 694113 1419746 3852041 202328 202328 17715363 7700562 0.59880 0.63430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2 2 1 0 1 X X X X 0 0 12122355 705050 157347 532075 12452677 11181574 173000 1309645 541864 12122355 10340203 300260 1012267 471156 11181574 9991475 626000 164478 441750 10340203 9353000 377918 659750 399193 9991475 0.25500 0.74400 0.00100 0 0 21508197 6815158 14693039 1235706 1094402 141304 2511772 1993650 518122 15352465 X 6005609 -904986 940752 35766 5969843 318648 318648 6288491 5555084 940752 940752 4614332 318648 318648 4932980 PART II, LINE 9: HISTORIC PRESERVATION OF QUAKER MEETING HOUSE & GREATER LIGHT - IT IS THE PURPOSE OF THESE RESTRICTIONS TO ASSURE THAT THE EXTERIOR, ARCHITECTURAL, HISTORIC, AND CULTURAL FEATURES OF THE BUILDINGS WILL BE RETAINED AND MAINTAINED FOREVER, SUBSTANTIALLY IN THEIR CURRENT CONDITION FOR CONSERVATION AND PRESERVATION PURPOSES AND, TO PREVENT ANY CHANGES TO THE EXTERIOR OF THE BUILDINGS THAT WILL SIGNIFICANTLY IMPAIR OR INTERFERE WITH THE BUILDINGS' PRESERVATION. RESTRICTIONS, THE TERM "EXTERIOR" REFERS TO ALL ABOVE VERTICAL, HORIZONTAL AND SLOPING SURFACES COMPRISING THE EXTERNAL ENVELOPE OF THE BUILDING INCLUDING THE WALLS, ROOFS, ROOF PENETRATIONS, WINDOWS, DOORS, AND MISCELLANEOUS ARCHITECTURAL DETAILS AND COLOR SCHEMES. THERE IS NO FINANCIAL STATEMENT REPORTING FOR THESE EASEMENTS. PART III, LINE 1A: AS ALLOWED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AND FOLLOWING THE PRACTICES OF MANY MUSEUMS, THE ASSOCIATION HAS NOT CAPITALIZED ITS COLLECTION OF ITEMS OF HISTORICAL NATURE AND OTHER RELATED OBJECTS PURCHASED OR DONATED. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. THE ASSOCIATION CONTINUALLY REVIEWS ITS COLLECTION AND MAY DEACCESS OR ACQUIRE ADDITIONAL ITEMS. EXPENDITURES FOR ADDITIONAL COLLECTION ITEMS ARE PRESENTED AS A REDUCTION IN THE APPROPRIATE CLASS OF NET ASSETS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN UNRESTRICTED NET ASSETS. PART III, LINE 4: NANTUCKET HISTORICAL HAS AN EXTENSIVE COLLECTION OF NANTUCKET ARTIFACTS ABOUT THE ISLAND AND IT HISTORY. THERE IS A PERMANENT COLLECTION AS WELLL AS TRAVELING EXHIBITIONS THAT CHANGE ANNUALLY. PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE ASSOCIATION TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. ENDOWMENT FUNDS INCLUDE INVESTED GIFTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE ASSOCIATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ASSOCIATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, THE ASSOCIATION MAY CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: - THE DURATION AND PRESERVATION OF THE FUND - THE PURPOSES OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND - GENERAL ECONOMIC CONDITIONS - THE POSSIBLE EFFECT OF INFLATION AND DEFLATION - THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS - OTHER RESOURCES OF THE ORGANIZATION - THE INVESTMENT POLICIES OF THE ORGANIZATION THE ASSOCIATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS BOARD-DESIGNATED AND OTHER ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ASSOCIATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION(REALIZED AND UNREALIZED) AND CURRENT YIELD(INTEREST, DIVIDENDS AND NET RENATL INCOME). THE ASSOCIATION HAS INVESTED IN A DIVERSIFIED MUTUAL FUND THAT TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ASSOCIATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR A CERTAIN PERCENTAGE OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR TWELVE QUARTERS THROUGH THE YEAR-END PRECEDING THE YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE ASSOCIATION CONSIDERED ITS OPERATIONAL NEEDS AND THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THIS IS CONSISTENT WITH THE ASSOCIATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT FUNDS. FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR IMPOSED RESTRICTIONS REQUIRE THE ASSOCIATION TO RETAIN AS A FUND OF PERPETUAL DURATION. IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, DEFICIENCIES OF THIS NATURE ARE REPORTED IN UNRESTRICTED NET ASSETS. THERE WERE NO SUCH DEFICIENCIES AS OF DECEMBER 31, 2014 AND 2013. PART X, LINE 2: MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT THE ASSOCIATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE UPON THE ASSOCIATION'S STATEMENTS OF FINANCIAL POSITION, OR THE RELAED STATEMENTS OF ACTIVITIES, OR CASH FLOWS. PART XI, LINE 2D - OTHER ADJUSTMENTS: MUSEUM SHOP - COST OF GOODS SOLD 491,484. SPECIAL EVENTS EXPENSES 449,268. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 318,648. PART XII, LINE 2D - OTHER ADJUSTMENTS: MUSEUM SHOP - COST OF GOODS SOLD 491,484. SPECIAL EVENTS EXPENSES 449,268. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 318,648. ANTIQUE SHOW REVENUE 914840 533256 381584 419269 FESTIVAL OF TREES/FOW 169030 67400 101630 29998 1083870 600656 483214 449267 449267 33947 MA 1 0 0 0 0 0 X 1 0 X X 0 0 0 0 0 0 0 0 0 WILLIAM TRAMPOSCH EXECUTIVE DIRECTOR 180325 0 15000 0 0 0 5450 0 15066 0 215841 0 0 0 JOHANNA RICHARD ASSOCIATE DIRECTOR 129118 0 9988 0 0 0 3835 0 19604 0 162545 0 0 0 PART I, LINE 1A THE ASSOCIATION REQUIRES, AS A CONDITION OF EMPLOYMENT, THAT THE DIRECTOR RESIDE IN ONE OF THE ASSOCIATION'S PROPERTIES SO THAT THE DIRECTOR CAN USE THE HOME TO HOLD MEETINGS AND OTHER FUNCTIONS FOR THE CONVENIENCE OF THE ASSOCIATION AND THE FURTHERANCE OF HIS DUTIES. THE ASSOCIATION AGREES THAT SUCH HOUSING MUST BE SUFFICIENT TO ACCOMMODATE THE DIRECTOR AND SPOUSE, IT BEING THE INTENTION OF THE PARTIES THAT THE HOUSING SHALL BE OCCUPIED ONLY BY THE DIRECTOR, HIS IMMEDIATE FAMILY AND THEIR SHORT-TERM GUESTS UNLESS OTHERWISE SPECIFICALLY AGREED. THE DIRECTOR AGREES TO BE RESPONSIBLE FOR ALL UTILITY EXPENSES, TELEPHONE AND TRASH REMOVAL IN CONNECTION WITH SUCH HOUSING, AND TO MAKE NO MATERIAL CHANGE TO THE BUILDING WITHOUT THE CONSENT OF THE PRESIDENT OF THE BOARD. THE DIRECTOR ACKNOWLEDGES THAT THE ASSOCIATION ASSUMES NO LIABILITY WITH RESPECT TO THE DIRECTOR'S PERSONAL PROPERTY, WHICH THE DIRECTOR AGREES SHALL BE HIS RESPONSIBILITY TO INSURE. WITHIN 30 DAYS OF THE TERMINATION OF THIS AGREEMENT, THE DIRECTOR SHALL VACATE THE HOUSING, LEAVING IT IN THE SAME CONDITION AS IT WAS AT THE TIME HE COMMENCED THE HOUSING, REASONABLE WEAR AND TEAR EXPECTED. MARJAN SHIRZAD DIRECTOR OF VISITOR EXPERIENCE MORTGAGE NOTE RECEIVABLE THAT REQUIRES MONTHLY INTEREST PAYMENTS. X 335050 335050 0 1 1 335050 X 189 0 1 0 PART I, LINE 32B: SCHEDULE M, LINE 33, NO AMOUNT REPORTED IN REVENUE RELATED TO THE CONTRIBUTIONS OF ART AND HISTORICAL ARTIFACTS ON THE ORGANIZATIONS FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G OR SCHEDULE M, PART I BECAUSE THE ORGANIZATION DOES NOT CAPITALIZE ITS COLLECTION AS ALLOWED UNDER SFAS 116. FORM 990, PART VI, SECTION A, LINE 6 THIS CORPORATION HAS MEMBERS THAT ELECT TRUSTEES AND AMEND BY-LAWS, FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP OF THE ASSOCIATION SHALL CONSIST OF THOSE PERSONS WHO HAVE PAID MEMBERSHIP DUES DURING THE CURRENT FISCAL YEAR AND LIFE MEMBERS. MEMBERSHIP CATEGORIES AND DUES SHALL BE DETERMINED BY THE BOARD OF TRUSTEES. EACH MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE AT ANY REGULAR OR SPECIAL MEETING OF THE ASSOCIATION, WHICH MUST BE CAST IN PERSON. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE ASSOCIATION MAY NOMINATE AND ELECT TRUSTEES, AMEND THE BY-LAWS AND TAKE SUCH OTHER ACTIONS AS ARE LAWFUL AND APPROPRIATE AT THE ANNUAL MEETING OR ANY SPECIAL MEETING. AT THE ANNUAL MEETING, THE COMMITTEE ON TRUSTEES AND GOVERNANCE SHALL NOMINATE CANDIDATES FOR ELECTION AS TRUSTEES BY THE MEMBERSHIP. THE NAMES OF THE PERSONS NOMINATED SHALL HAVE BEEN POSTED AT THE ASSOCIATION'S HEADQUARTERS AND SHALL BE MAILED TO ALL MEMBERS OF THE ASSOCIATION AT THEIR ADDRESS SHOWN ON THE BOOKS OF THE ASSOCIATION AT LEAST FOURTEEN DAYS PRIOR TO THE ANNUAL MEETING. ADDITIONAL NOMINATIONS MAY BE MADE BY ANY MEMBER OF THE ASSOCIATION IN WRITING, DELIVERED TO THE PRINCIPAL OFFICE OF THE ASSOCIATION AT LEAST THIRTY DAYS PRIOR TO THE ANNUAL MEETING, ACCOMPANIED BY THE WRITTEN CONSENT OF THE PROPOSED NOMINEE. NO OTHER NOMINATIONS SHALL BE ACCEPTED EXCEPT AS SET FORTH IN THIS SECTION. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WILL BE CIRCULATED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION'S CODE IS AT THE FOREFRONT AS THEY REVIEW NEW EMPLOYEES, RECRUIT NEW MEMBERS OF THE BOARD, SELECT SUBCONTRACTORS, AND SUCH. EACH DEPARTMENT HEAD IS COGNIZANT OF THE REQUIRMENT WITHIN THE POLICY AND MONITORS THEIR STAFF. IN ADDITION, EMPLOYEES AND MEMBERS OF THE BOARD SIGN AN ACKNOWLEDGEMENT FORM THAT THEY WILL ADHERE TO THE ASSOCIATION'S CODE OF ETHICS UPON HIRE AND THEN EVERY TWO YEARS. FORM 990, PART VI, SECTION B, LINE 15 WHEN DETERMINING THE SALARIES FOR TOP MANAGEMENT THE ASSOCIATION USES COMPARABLES FROM SIMILAR INSTITUTIONS WITH RELEVANT POSITIONS TO MAINTAIN APPROPRIATE PAY SCALES. FORM 990, PART VI, SECTION C, LINE 18 THE TAX RETURN IS AVAILABLE ON THE ORGANIZATION'S WEBSITE FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ASSOCIATION'S ANNUAL REPORT ALSO STATES THAT THE PUBLIC IS WELCOME TO CALL THE ORGANIZATION FOR COPIES OF THESE DOCUMENTS.