2014-09-05T16:19:30-05:00 2013-10-31 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2012-11-01 223053747 CERES INC CERE 6172470700 99 CHAUNCY STREET 6TH FLOOR BOSTON MA 021111703 LANCE PIERCE 6172470700 2014-09-05 1 JOSEPH M GISO P00030126 6177610600 2012 2015-11-30 17:44:51Z MINDY LUBBER 99 CHAUNCY STREET 6TH FLOOR BOSTON MA 021111703 8810961 0 X WWW.CERES.ORG X 1990 MA CERES, INC. (CERES) ENGAGES INSTITUTIONAL INVESTORS AND CORPORATE LEADERS TO ADDRESS SOCIAL AND ENVIRONMENTAL CHALLENGES THROUGH THE INTEGRATION OF SUSTAINABLE PRACTICES INTO BUSINESS OPERATIONS AND OTHER COMPANY DECISION-MAKING. THIS IS ACCOMPLISHED THROUGH THE INVOLVEMENT OF MEMBERS OF THE CERES COALITION, A NETWORK OF INVESTORS, ENVIRONMENTAL GROUPS AND OTHER PUBLIC INTEREST ORGANIZATIONS. 19 18 94 19 0 0 3323180 5828705 2523004 2783081 23424 24227 36474 121806 5906082 8757819 0 0 0 0 4436625 5563390 0 0 850949 2520227 2781214 6956852 8344604 -1050770 413215 6486820 7102476 1064963 1267404 5421857 5835072 X SEE SCHEDULE O 0 0 1782510 515642 SUSTAINABLE CAPITAL MARKETS: CERES MOBILIZES INFLUENTIAL FINANCIAL MARKET ACTORS TO PROMOTE AND INTEGRATE SUSTAINABILITY INTO INVESTMENT DECISION-MAKING, CORPORATE PRACTICES AND PUBLIC POLICY. THE AIM IS HAVING INVESTORS AND POLICYMAKERS SHIFT SHORT-TERM THINKING TOWARD LONGER-TERM SUSTAINABILITY BY FOCUSING ON INCENTIVES, DRIVERS, POLICIES AND REGULATIONS THAT ACCELERATE LOW-POLLUTING BUSINESS PRACTICES THAT WILL ULTIMATELY MITIGATE LONG-TERM THREATS POSED BY GLOBAL CLIMATE CHANGE. CERES DIRECTS THE INVESTOR NETWORK ON CLIMATE RISK (INCR), A GROWING NETWORK OF OVER 100 INSTITUTIONAL INVESTORS AND MANAGERS, WHICH COLLECTIVELY OWN OR MANAGE OVER $11 TRILLION OF ASSETS. INCR HOSTS THE BI-ANNUAL INVESTOR SUMMIT HELD IN NEW YORK CITY. IN 2010, CERES AND ITS INVESTOR NETWORK PERSUADED THE SECURITIES AND EXCHANGE COMMISSION (SEC) TO ISSUE FORMAL GUIDANCE REQUIRING CLIMATE CHANGE-RELATED DISCLOSURE IN PUBLIC COMPANY FINANCIAL FILINGS. CERES IS NOW WORKING TO HAVE GLOBAL STOCK EXCHANGES REQUIRE CORPORATE DISCLOSURE OF CLIMATE AND OTHER SUSTAINABILITY RISKS. IN 2013, INVESTORS ASSOCIATED WITH INCR FILED 110 SHAREHOLDER RESOLUTIONS THAT RESULTING IN 50 SUCCESSFUL AGREEMENTS FOR WITHDRAWAL WITH COMPANIES. 1750120 1834569 SUSTAINABLE BUSINESS STRATEGIES: CERES AIMS TO INTEGRATE SUSTAINABILITY INTO COMPANY PERFORMANCE BY SCALING UP POSITIVE SOCIAL, ENVIRONMENTAL, AND BUSINESS RESULTS IN STRATEGY, GOVERNANCE, OPERATIONS, AND SUPPLY CHAINS. THE CERES COMPANY NETWORK INCLUDES 70 MEMBERS FROM TWO-DOZEN INDUSTRIES, INCLUDING MARKET LEADERS IN TECHNOLOGY, INSURANCE, FOOTWEAR AND APPAREL, FOOD AND BEVERAGE, OIL AND GAS, ELECTRIC UTILITIES AND FINANCIAL SERVICES. ROUGHLY ONE-THIRD OF COMPANIES IN THE CERES NETWORK ARE IN THE FORTUNE 500. NETWORK COMPANIES MAKE COMMITMENTS TO STAKEHOLDER ENGAGEMENT, PUBLIC DISCLOSURE, AND PERFORMANCE IMPROVEMENTS, AS OUTLINED IN THE CERES-AUTHORED THE 21ST CENTURY CORPORATION: THE CERES ROADMAP FOR SUSTAINABILITY. IN 2013, CERES GATHERED DATA INDICATING HOW THE 600 LARGEST COMPANIES ARE PROGRESSING TOWARDS GOALS CALLED FOR IN THE ROADMAP. THE FINDINGS WILL BE RELEASED IN 2014. 2519511 468651 CLIMATE AND CLEAN ENERGY: CERES SEEKS TO ACCELERATE THE SUSTAINABLE GLOBAL ECONOMY BY CHAMPIONING LOW-CARBON BUSINESS, INVESTOR, AND POLICY SOLUTIONS TO DRIVE ECONOMIC GROWTH AND MITIGATE THE IMPACTS OF CLIMATE CHANGE. THE GOAL IS TO TRANSITION TO A GLOBAL CLEAN ENERGY ECONOMY BY REDUCING RELIANCE ON UNSUSTAINABLE ENERGY OPTIONS, SUCH AS HIGH-POLLUTING OIL AND COAL, WHILE CHAMPIONING RESILIENT, LOW-CARBON ELECTRIC POWER AND TRANSPORTATION OPTIONS, ENERGY EFFICIENCY, AND BUSINESS SOLUTIONS AT THE SPEED AND SCALE NECESSARY TO DRIVE ROBUST GROWTH AND AVOID THE WORST IMPACTS OF CLIMATE CHANGE. CERES CONVENES INVESTORS, TECHNICAL EXPERTS, AND REPRESENTATIVES FROM ENERGY INTENSIVE, TO FIND SOLUTIONS TO A RANGE OF SUSTAINABILITY PROBLEMS ATTRIBUTABLE TO ECONOMIC ACTIVITY. TOWARDS THIS AIM, CERES DIRECTS THE BUSINESS FOR INNOVATIVE CLIMATE AND ENERGY POLICY (BICEP) COALITION, COMPRISED OF 30 MEMBERS REPRESENTING A RANGE OF WELL-KNOWN CONSUMER BRANDS SUCH AS NIKE, STARBUCKS AND LEVI STRAUSS & CO. IN 2013, CERES LAUNCHED THE CERES' CLIMATE DECLARATION, A CALL FOR GOVERNMENT ACTION ON CLIMATE CHANGE. MORE THAN 700 COMPANIES HAVE JOINED THIS EFFORT. RESPONDING TO ONGOING EFFORTS BY CERES, THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS (NAIC) HAS MANDATED INSURANCE COMPANIES TO DISCLOSE ANNUALLY THE FINANCIAL RISKS THEY FACE FROM CLIMATE CHANGE, AS WELL AS ACTIONS THEY ARE TAKING TO ADDRESS THOSE RISKS. CERES ASSESSED THESE DISCLOSURES AND WROTE REPORTS ON THEIR FINDINGS THE PAST TWO YEARS. IN 2013, CERES CONVENED A SERIES OF ROUNDTABLES WITH CITY LEADERS AND INSURANCE EXECUTIVES TO CONSIDER STEPS TOWARDS BUILDING CITIES MORE RESILIENT TO THE EFFECTS OF CLIMATE CHANGE, SUCH AS THE FLOODING FROM HURRICANE SANDY. 766117 86025 WATER: CERES STRIVES TO ADVANCE BUSINESS, INVESTOR, AND GOVERNMENT POLICIES AND PRACTICES TO ENSURE ABUNDANT CLEAN WATER SUPPLIES AND HEALTHY ECOSYSTEMS. IN 2010, CERES ELEVATED CORPORATE AND INVESTOR AWARENESS OF GROWING WATER SCARCITY RISKS BY ISSUING THE RIPPLE EFFECT: WATER RISK IN THE MUNICIPAL BOND MARKET. THE CERES AQUA GAUGE: A FRAMEWORK FOR 21ST CENTURY WATER RISK MANAGEMENT, AN INNOVATIVE METHODOLOGY THAT ENABLES THE SCORE CARDING OF A COMPANY'S WATER MANAGEMENT ACTIVITIES AGAINST LEADING PRACTICES, WAS RELEASED IN 2011 IN 2012, CERES PUBLISHED CHARTING NEW WATERS: FINANCING SUSTAINABLE WATER INFRASTRUCTURE, WHICH EXPLORES FINANCING AND PRICING OPTIONS TO ADDRESS GROWING DEMAND AND ENVIRONMENTAL CHALLENGES. IN 2013, CERES EXTENDED ITS FOCUS TO THE WATER IMPACTS OF HYDRAULIC FRACTURING AND ISSUED A REPORT ENTITLED HYDRAULIC FRACTURING AND WATER STRESS: GROWING COMPETITIVE PRESSURES FOR WATER. 766117 86025 6818258 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 32 0 1 94 1 0 0 0 0 0 1 1 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY CA AL AK AZ AR CO CT FL GA IL KS ME MD MI MN KY MO NH NJ NM MS OH OK OR PA NC SC TN UT VA RI WV WI WA DC X X X GABRIELA GOFF SR MGR FINANCE 6172470700 99 CHAUNCY STREET 6TH FLOOR BOSTON MA 021111703 VIDETTE BULLOCK MIXON 5.00 X 0 0 0 NORM DEAN 5.00 X X 0 0 0 THOMAS P DINAPOLI 5.00 X 0 0 0 JACK EHNES 5.00 X 0 0 0 MICHEL GELOBTER 5.00 X 0 0 0 ADELE SIMMONS 5.00 X 0 0 0 JULIE F GORTE PHD 5.00 X 0 0 0 ALISA GRAVITZ 5.00 X X 0 0 0 ASHOK GUPTA 5.00 X 0 0 0 DOUG HUSID 5.00 X X 0 0 0 DENISE NAPPIER 5.00 X 0 0 0 CARL POPE 5.00 X 0 0 0 JANET RANGANATHAN 5.00 X 0 0 0 PETER ROSENBLUM 5.00 X 0 0 0 TEDD SAUNDERS 5.00 X 0 0 0 BARNEY SCHAUBLE 5.00 X 0 0 0 DAMON SILVERS 5.00 X 0 0 0 BILL SOMPLATSKY-JARMAN 5.00 X 0 0 0 ANNE STAUSBOLL 5.00 X X 0 0 0 MINDY LUBBER 40.00 X X 193025 0 32190 LANCE PIERCE 40.00 X 154230 0 26761 GORDON MACFARLAND 40.00 X 107712 0 23263 SUSAN SAYERS 40.00 X 53202 0 6209 PEYTON FLEMING 40.00 X 104983 0 24850 CHRISTOPHER FOX 40.00 X 103001 0 20819 DAVID ZIV-KREGER 40.00 X 101806 0 23825 817959 0 157917 6 0 1 0 DAVID GARDINER & ASSOCIATES 910 17TH ST NW SUITE 1050 WASHINGTON DC 20006 CONSULTING SERVICES 135305 MARK TULAY 9810 SUNRISE ROAD VIENNA VA 22181 CONSULTING SERVICES 120000 2 5828705 53322 5828705 MEMBERSHIP DUES 900099 1992355 1992355 CONF. FEES & SPONS. 900099 790726 790726 2783081 23066 23066 53953 350 53142 0 811 350 1161 1161 OTHER REVENUE 900099 121806 121806 121806 8757819 2904887 0 24227 800019 416650 185571 197798 3705349 3175602 192250 337497 154197 122386 14387 17424 548527 435351 51173 62003 355298 282000 33149 40149 1387 100 1287 55734 55734 26183 26183 8231 8231 360219 296493 20385 43341 264513 209736 24901 29876 392816 342825 4639 45352 522690 502178 3002 17510 93702 74365 8744 10593 PROFESSIONAL FEES 922465 886772 8620 27073 BAD DEBT EXPENSE 71292 71292 PRINTING 61982 39386 263 22333 8344604 6818258 675397 850949 1216553 1934252 713893 646298 1275597 1108333 445586 641190 162777 210935 537152 395645 209474 141507 2450257 2407278 12683 12683 6486820 7102476 579330 458769 485633 808635 1064963 1267404 X 2261925 3063526 3159932 2771546 5421857 5835072 6486820 7102476 413215 0 X 0 1 X 1 0 X 8491149 5905922 6529984 4856772 7821060 33604887 8491149 5905922 6529984 4856772 7821060 33604887 10296962 23307925 23166 27696 32009 22803 23066 128740 33733627 5053896 0.69090 0.69920 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE AMOUNTS FOR PART II, COLUMN(D) REPRESENT THE PUBLIC SUPPORT FROM THE SHORT TAX YEAR, JANUARY 1, 2012 - OCTOBER, 31 2012. THE AMOUNTS FOR PART II, COLUMN(E) REPRESENT THE PUBLIC SUPPORT FROM THE FISCAL 2013 TAX YEAR, NOVEMBER 1, 2012 - OCTOBER, 31 2013. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26183 26183 7467472 7493655 524683 131171 0 0 478695 505195 467502 524683 1976075 2964113 11683 25282 6163 26183 69311 119674 126299 116876 131171 494020 741030 PART IV, SUPPLEMENTAL INFORMATION: THE AMOUNTS FOR SCHEDULE C, PART II-A, COLUMN(C)2011 REPRESENT LOBBYING EXPENDITURES FROM THE SHORT TAX YEAR, JANUARY 1, 2012 - OCTOBER, 31 2012. THE AMOUNTS FOR SCHEDULE C, PART II-A, COLUMN(D)2012 REPRESENT LOBBYING EXPENDITURES FROM THE FISCAL 2013 TAX YEAR, NOVEMBER 1, 2012 - OCTOBER, 31 2013. 110997 83951 27046 426155 311694 114461 141507 CERTIFICATES OF DEPOSIT 2407278 F 2407278 X 8790555 32736 32736 8757819 0 8757819 8377340 32736 32736 8344604 0 8344604 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: CERES ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. CERES HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS DETERMINATION OF WHICH ACTIVITES ARE RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITION AND HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. CERES IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ITS FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE PAST THREE YEARS FOLLOWING THE DATE OF FILING THE RELATED RETURN. NORTH AMERICA 1 2 PROGRAM SERVICES AS THE VICE PRESIDENT OF CORPORATE PROGRAMS FOR CERES, ANDREA MOFFAT WORKS WITH A RANGE OF COMPANIES ON REPORTING AND DISCLOSURE, POLICY DEVELOPMENT, AND STAKEHOLDER ENGAGEMENT. HER DAILY ACTIVITIES IN CANADA INCLUDE MANAGING THE CERES CORPORATE PROGRAM TEAM AND WORKING WITH US AND INTERNATIONAL COMPANIES ON CORPORATE SOCIAL RESPONSIBILITY ISSUES. AS A SENIOR MANAGER FOR THE WATER PROGRAM, MONIKA FREYMAN WORKS RESEARCHING AND CONDUCTING CORPORATE AND INVESTOR ENGAGEMENT ON THE RISKS AND OPPORTUNITIES RELATED TO GROWING WATER SCARCITY AND WATER QUALITY ISSUES. 101199 1 2 0 0 1 2 101199 0 101199 0 0 0 0 0 0 X X X X 0 0 0 0 0 0 0 0 0 MINDY LUBBER 193025 0 0 0 0 0 7863 0 24327 0 225215 0 0 0 LANCE PIERCE 154230 0 0 0 0 0 6271 0 20490 0 180991 0 0 0 X 3 53322 FMV 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 19: THE NEGATIVE CHANGE IN NET ASSETS IN FISCAL YEAR 2012 IS OFFSET IN PART BY THE RECEIPT OF SEVERAL LARGE MULTIPLE YEAR GRANTS IN PRIOR YEARS, MUCH OF WHICH IS BEING RELEASED (EARNED) IN FISCAL YEAR 2012 AND IN SUBSEQUENT YEARS. FORM 990, PART A: ON JULY 14, 2011, THE BOARD OF DIRECTORS VOTED TO CHANGE CERES' FISCAL YEAR END TO OCTOBER 31. THE MAIN REASON FOR THE CHANGE IS TO BETTER ALIGN CERES' GRANT AND PLANNING CYCLES. AS A RESULT, THE 2012 FISCAL YEAR PRESENTED IS A 10-MONTH YEAR FROM JANUARY 1, 2012 TO OCTOBER 31, 2012, AND THE 2013 FISCAL YEAR PRESENTED IS A 12-MONTH YEAR FROM NOVEMBER 1, 2012 TO OCTOBER 31, 2013. ORGANIZATION MISSION STATEMENT FORM 990, PART III, LINE 1 CERES' MISSION IS MOBILIZING INVESTOR AND BUSINESS LEADERSHIP TO BUILD A THRIVING, SUSTAINABLE GLOBAL ECONOMY. CERES IS KNOWN FOR ITS UNIQUE ABILITY TO BRING DIVERSE INTERESTS TOGETHER TO FIND POSITIVE SOLUTIONS TO COMPLEX ENVIRONMENTAL AND SOCIAL CHALLENGES. FOR EXAMPLE, OVER THE PAST 12 YEARS CERES HAS CO-HOSTED SIX INVESTOR SUMMITS AT THE UNITED NATIONS, BRINGING TOGETHER HUNDREDS OF LEADING U.S. AND GLOBAL INVESTORS TO EXAMINE AND RESPOND TO THE RISKS AND OPPORTUNITIES POSED BY CLIMATE CHANGE. CERES INTRODUCED THE CONCEPT OF "CLIMATE RISK" TO WORLD BUSINESS LEADERS AND MOBILIZES INSTITUTIONAL INVESTORS MANAGING TRILLIONS OF DOLLARS IN ASSETS THROUGH ITS INVESTOR NETWORK ON CLIMATE RISK (INCR). IN 2010, CERES LAUNCHED THE 21ST CENTURY CORPORATION: THE CERES ROADMAP FOR SUSTAINABILITY, A DOCUMENT THAT OUTLINES 20 KEY EXPECTATIONS FOR COMPANIES RELATED TO GOVERNANCE PRACTICES, STAKEHOLDER ENGAGEMENT, DISCLOSURE AND SUSTAINABILITY PERFORMANCE. CERES ALSO LAUNCHED THE GLOBAL REPORTING INITIATIVE, NOW THE DE-FACTO STANDARD FOR REPORTING ENVIRONMENTAL AND SOCIAL PERFORMANCE USED BY 2,500 COMPANIES WORLDWIDE. FORM 990, PART VI, SECTION B, LINE 11 OUR ACCOUNTING AND AUDITING FIRM SENDS THE ORGANIZATION A QUESTIONNAIRE TO FILL OUT FOR PREPARING THE FORM 990. THIS QUESTIONNAIRE IS PREPARED AND REVIEWED BY THE FINANCE TEAM. THEN, OUR ACCOUNTING AND AUDITING FIRM PREPARES THE DRAFT 990, WITH THE INFORMATION GATHERED IN THE QUESTIONNAIRE PROVIDED BY THE FINANCE TEAM, AND SENDS A DRAFT TO THE ORGANIZATION. THE FINANCE TEAM REVIEWS THIS DRAFT AND EMAILS TO THE FULL BOARD FOR ITS REVIEW PRIOR TO ITS FILING. THE AUDIT COMMITTEE REVIEWS COMMENTS RECEIVED FROM BOARD MEMBERS AND WHEN SATISFIED ACCEPTS THE 990. AFTERWARDS THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. AS PART OF THE BOARD TRAINING, WHEN JOINING THE CERES BOARD, THE NEW BOARD MEMBER IS PROVIDED WITH THE CERES BOARD POLICIES WHICH CONTAIN THE WRITTEN CONFLICT OF INTEREST POLICY. IN THIS PACKAGE IS INCLUDED THE FORM "CONFLICT OF INTEREST STATEMENT (CIS)" WHERE THEY ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT MAY EXIST WITH THE ORGANIZATION. ONCE A YEAR, THE BOARD MEMBERS COMPLETE THIS CIS FORM. ALSO, AS PART OF THE GOVERNANCE COMPLIANCE THE BOARD MEMBERS ARE REQUIRED TO INFORM TO ANY OF THE BOARD CO-CHAIRS OF CERES ANY MATERIAL CHANGE THAT DEVELOPS DURING THE YEAR IN THE INFORMATION CONTAINED IN THE FOREGOING STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD ANNUALLY REVIEWS AND APPROVES THE CEO'S COMPENSATION. A MEMBER OF THAT COMMITTEE GATHERS DATA FROM SALARY SURVEYS FROM COMPARABLE SIZED NONPROFITS AND BRINGS THAT INFORMATION BACK TO THE COMMITTEE FOR ITS DELIBERATIONS. THE COMMITTEE THEN DECIDES ON THE APPROPRIATE COMPENSATION LEVEL FOR THE COMING YEAR AND ANY BONUS WARRANTED FOR THE PRIOR YEAR. THIS IS THEN CONVEYED WITH A RECOMMENDATION TO THE FULL BOARD IN AN EXECUTIVE SESSION AND THE VOTE TAKEN TO APPROVE THE RECOMMENDED COMPENSATION. THE CEO IS RESPONSIBLE FOR ASSESSING THE APPROPRIATE LEVELS OF OTHER KEY EMPLOYEES. COMPENSATION IS BASED ON PERFORMANCE, LEVEL OF RESPONSIBILITY, COST OF LIVING FACTOR, INFLATION, AND TO SOME DEGREE THE NONPROFIT MARKET IN BOSTON (SALARY SURVEY STUDIES). THE EXECUTIVE COMMITTEE OF THE BOARD IS PROVIDED BY THE CEO A SUMMARY OF SALARIES PAID TO OFFICERS AND KEY EMPLOYEES (COO, CFO, AND CHIEF DEVELOPMENT DIRECTOR) OF COMPARABLE ORGANIZATIONS WITH DATA THAT WAS DRAWN FROM 990'S AND SALARY SURVEYS. THE AVERAGES ARE COMPARED TO PROPOSED SALARIES FOR EQUIVALENT CERES STAFF. THE EXECUTIVE COMMITTEE ADVISES THE CEO IF THEY HAVE CONCERNS ABOUT ANY OF THE PROPOSED SALARY LEVELS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT ARE AVAILABLE AT HTTP://WWW.CERES.ORG/ABOUT-US/FINANCIALS. THE ORGANIZATION PROVIDES COPIES OF ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS UPON REQUEST. CERES' FORM 990 IS ALSO AVAILABLE VIA GUIDESTAR, AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.