2014-10-23T21:56:49-05:00 2013-12-31 KPMG LLP 1003 BISHOP STREET SUITE 2100 HONOLULU HI 96813 990 2013-01-01 990073533 YOUNG MEN'S CHRISTIAN ASSOCIATION OF HONOLULU % LYNNELLE HASEGAWA YOUN 8085313558 1441 PALI HIGHWAY Suite HONOLULU HI 96813 MICHAEL BRODERICK PRESIDENT/CEO 8085313558 2014-10-23 true RACHEL C ANTAL P01263071 8085313558 2013 2015-11-30 17:44:51Z X MICHAEL F BRODERICK 1441 PALI HIGHWAY HONOLULU HI 96813 32238610 false X WWW.YMCAHONOLULU.ORG X 1869 HI Strengthening communities is the y's cause through programs and services focused on youth development, healthy living and social responsibility. 45 40 1486 2160 0 4544118 5674274 20552950 21899840 207772 379250 478548 477127 25783388 28430491 15500 28322 0 0 16414481 17395951 10683 10683 445552 9807264 10352842 26247928 27787798 -464540 642693 46513324 48370646 3838596 4194926 42674728 44175720 X The YMCA of Honolulu is a charitable organization dedicated to building healthy spirit, mind and body for all regardless of age, 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0 DR PAUL J CARRY BOARD MEMBER 0.2 X 0 0 0 CRAIG CHONG BOARD MEMBER 0.2 X 0 0 0 CARL E CHOY BOARD MEMBER 0.2 X 0 0 0 DR MICHAEL J CHUN BOARD MEMBER 0.2 X 0 0 0 RONALD R COX BOARD MEMBER 0.2 X 0 0 0 JOAN FUJITA BOARD MEMBER 0.2 X 0 0 0 PAULA GUANZON BOARD MEMBER 0.2 X 0 0 0 JEFFREY S HARRIS BOARD MEMBER 0.2 X 0 0 0 CARL P HENNRICH BOARD MEMBER 0.2 X 0 0 0 ROBERT K IOPA BOARD MEMBER 0.2 X 0 0 0 ANTON KRUCKY BOARD MEMBER 0.2 X 0 0 0 JOHN LEONG BOARD MEMBER 0.2 X 0 0 0 RODNEY MATSUMOTO BOARD MEMBER 0.2 X 0 0 0 SANFORD MURATA BOARD MEMBER 0.2 X 0 0 0 MICHAEL A PIETSCH BOARD MEMBER 0.2 X 0 0 0 THOMAS RISSE BOARD MEMBER 0.2 X 0 0 0 JOAN H ROHLFING BOARD MEMBER 0.2 X 0 0 0 RUSSEL SAIKI BOARD MEMBER 0.2 X 0 0 0 DAVID STRIPH BOARD MEMBER 0.2 X 0 0 0 LYNETTE LO TOM BOARD MEMBER 0.2 X 0 0 0 REBECCA S WARD BOARD MEMBER 0.2 X 0 0 0 JOHN WHITE BOARD MEMBER 0.2 X 0 0 0 ELIZABETH K WHITEHEAD BOARD MEMBER 0.2 X 0 0 0 REUBEN SF WONG BOARD MEMBER 0.2 X 0 0 0 AUGUST YEE BOARD MEMBER 0.2 X 0 0 0 CASEY AGENA BOARD MEMBER 0.2 X 0 0 0 FRANCIS HOGAN BOARD MEMBER 0.2 X 0 0 0 KATHY ISHIMOTO BOARD MEMBER 0.2 X 0 0 0 REID FUKUMOTO BOARD MEMBER 0.2 X 0 0 0 BETTINA MEHNERT BOARD MEMBER 0.2 X 0 0 0 DAVID DEL ROSARIO BOARD MEMBER 0.2 X 0 0 0 MICHAEL STREET BOARD MEMBER 0.2 X 0 0 0 RYKER WADA BOARD MEMBER 0.2 X 0 0 0 GARY YOSHIDA BOARD MEMBER 0.2 X 0 0 0 PHIL SAMMER BOARD MEMBER 0.2 X 0 0 0 JIM YATES CHAIRMAN BOD 0.4 X X 0 0 0 LANCE WILHELM CHAIRMAN BOD 0.4 X X 0 0 0 STEVEN C AI VICE CHAIR 0.4 X X 0 0 0 BRUCE A COPPA VICE CHAIR 0.4 X X 0 0 0 TIM JOHNS VICE CHAIR 0.4 X X 0 0 0 KEITH M SAKAMOTO VICE CHAIR 0.4 X X 0 0 0 DR VIRGINIA PRESSLER SECRETARY 0.4 X X 0 0 0 WAYNE HAMANO TREASURER 0.4 X X 0 0 0 MICHAEL BRODERICK PRESIDENT/CEO 40.0 X 211291 0 23555 MICHAEL DOSS EXECUTIVE VICE PRESIDENT/COO 40.0 X 148938 0 27024 ANTHONY PFALTZGRAFF SENIOR VICE PRESIDENT 40.0 X 122841 0 19316 MICHAEL CHINAKA SENIOR VICE PRESIDENT/CFO 40.0 X 121784 0 22628 KERRI VAN DUYNE VP OF DEVELOPMENT 40.0 X 106693 0 26529 LYNNELLE HASEGAWA CONTROLLER 40.0 X 103284 0 16969 814831 0 136021 6 false true false NONE 0 X 61557 45799 3429120 2137798 630017 5674274 PROGRAMS THAT DEVELOP HEALTHY LIVING 900099 9730908 9730908 PROGRAMS FOR YOUTH DEVELOPMENT 900099 9773991 9773991 PROGRAMS THAT EMBODY SOCIAL RESPONSIBILITY 713940 2394941 2394941 21899840 200825 200825 0 0 323691 14566 309125 0 309125 309125 3824900 1250 3628946 18779 195954 -17529 178425 178425 126976 45799 88398 38578 45053 0 167730 57430 110300 110300 HOUSING FEES 900099 19124 19124 19124 28430491 21899840 862852 X 22500 22500 5822 5822 0 0 830598 318118 379258 133222 0 13269990 12080275 1051364 138351 889602 825918 62871 813 1006912 905844 100210 858 1398849 1259415 118008 21426 0 74289 74289 60208 32333 27875 0 10683 10683 45062 45062 747430 656848 80890 9692 342491 255682 67635 19174 2601614 2342662 203242 55710 0 0 3321330 3220740 88519 12071 539888 510083 29078 727 0 260579 200529 39409 20641 0 210153 197493 12475 185 1669083 1587349 71926 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3300 445640 2515306 2473769 37994 755524 4797 750727 2511763 0.00000 1.00000 0.00000 false false 5573927 5573927 40738158 17033618 23704540 950326 281647 668679 11694525 9587573 2106952 1203479 0 1203479 33257577 0 OTHER LIABILITIES 314088 314088 X 29247638 858299 3910 862209 28385429 45062 45062 28430491 27746646 3910 3910 27742736 45062 45062 27787798 PART V ENDOWMENT FUNDS FORM 990, SCHEDULE D, PART V, LINE 4 THE CORPUS IS TO BE MAINTAINED IN PERPETUITY WITH THE EARNINGS ON THE ENDOWMENT FUNDS, WHICH WILL BE USED TO SUPPORT YMCA OF HONOLULU PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG FAMILIES, LEADERSHIP SKILLS, VALUE DEVELOPMENT, INTERNATIONAL UNDERSTANDING, AND COMMUNITY DEVELOPMENT. FIN 48 FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 THE ASSOCIATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. GOLF TOURNEY 73224 43259 29965 26413 HALLOWINE 21058 2540 18518 13815 5 78493 0 78493 48170 172775 45799 126976 88398 88398 38578 true Rotary Club of Honolulu Foundation 2255 Kuhio Ave Honolulu HI 96815 990179742 501(c)(3) 14300 PHILIPPINES PROJECT 1 0 SCHOLARSHIPS 4 5000 N/A N/A SCHOLARSHIPS 1 822 N/A N/A FORM 990, SCHEDULE I, PART I, LINE 2 Part III, Line 1: The YMCA of Honolulu awards scholarships to deserving YMCA youth participants who plan to pursue higher education in Hawaii and on the mainland United States. These scholarships are funded by the Takitani Foundation and are given to students in their senior year of high school. Applications were collected and a selection committee comprised of professionals in the education field awarded four (4) scholarships totaling $5,000 in 2013. Part III, Line 2: The YMCA of Honolulu also provides scholarships to individuals who express a desire to satisfy educational requirements to qualify for career opportunities in the YMCA movement. These scholarships are given based on funds available and upon review and approval of requests by the President and CEO. Both of these scholarships are given for tuition and are paid directly to the educational institution or reimbursed upon submission of a tuition receipt. SCHEDULE I, PART I, LINE 2 GRANT FUNDS, WHICH CONSIST OF SCHOLARSHIPS AND GRANTS TO WORTHY INDIVIDUALS AND ORGANIZATIONS ARE SUBJECT TO THE YMCA'S NORMAL PROCUREMENT POLICY AND SPENDING LIMITS. SCHOLARSHIPS ARE USED BY STUDENTS IN ORDER TO DEFRAY THE COST OF TUITION, BOOKS, AND OTHER NECESSARY SCHOOL SUPPLIES. GRANTS TO ORGANIZATIONS ARE GIVEN BASED ON THE FINANCIAL NEED OF THE ORGANIZATION AND ITS PRIMARY EXEMPT PURPOSE. THE YMCA HAS A LONG STANDING PARTNERSHIP WITH THE ROTARY AND ALSO THE CEBU Y IN THE PHILIPPINES. IN THE CASE OF TYPHOON HAIYA, THE DEVASTATION WAS SO GREAT THAT THE YMCA OF HONOLULU AS AN ORGANIZATION WAS MOVED TO ASSIST THE PEOPLE OF THE PHILIPPINES VIA A $14,300 DONATION TO THE ROTARY FOUNDATION. THE DONATION WAS COORDINATED BY THE CEO AND BOARD CHAIR AND THE DISBURSEMENT WAS APPROVED AND PROCESSED AS ALLOWED UNDER THE YMCA'S NORMAL PROCUREMENT POLICY. ROTARY GRANT FOR THE PHILIPPINES PROJECT THE PURPOSE OF THIS GRANT WAS TO PROVIDED FUNDS TO ASSIST THE CEBU Y IN PROVIDING WATER, FOOD AND SHELTER TO THE VICTIMS OF TYPHOON HAIYAN WHO LOST THEIR HOMES. X X true true X X X X false false false false false false false false false MICHAEL BRODERICK PRESIDENT/CEO 196291 0 15000 0 0 0 23555 0 0 0 234846 0 0 0 MICHAEL DOSS EXECUTIVE VICE PRESIDENT/COO 148938 0 0 0 0 0 17873 0 9151 0 175962 0 0 0 ADDITIONAL COMPENSATION ITEMS FORM 990, SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS - PROVIDED TO MICHAEL BRODERICK FOR THE SIX YMCA CONFERENCES AND YUSA BRIDGE PRINCIPLES AND PRACTICES TRAINING. AMOUNT IS INCLUDED IN TAXABLE INCOME. SOCIAL CLUB DUES - PROVIDED TO MICHAEL BRODERICK. IS NOT INCLUDED IN TAXABLE INCOME AS THE MEMBERSHIP IS USED PRIMARILY FOR BUSINESS PURPOSES AND EXPENSES ARE SUBJECT TO THE ORGANIZATION'S ACCOUNTABLE PLAN REIMBURSEMENT PROCEDURES. Wayne Hamno - DIR BANK OF HI Treasurer/Board Member 272900 BANKING/INVESTMENT SERVICE false DR Michael J Chun - DIR HMSA Board Member 555800 MEDICAL INSURANCE false DR Michael J Chun - DIR BANK Board Member 272900 BANKING/INVESTMENT SERVICE false Timothy Johns - SVP HMSA Vice Chair/Board Member 555800 Medical Insurance false Timothy Johns -DIR HI ELECTRIC Vice Chair/Board Member 1475200 Electricity Service false Ronald R Cox - VP HI ELECTRIC Board Member 1475200 Electricity Service false Michael Chinaka- DIR HEMIC Senior VP/CFO 266100 Employers' Insurance false Thomas Risse - VPCFO KAISER Board Member 647800 Medical Insurance false BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS THE FOLLOWING PAYMENTS WERE MADE TO THE ORGANIZATIONS OR COMPANIES THAT THE BOARD MEMBERS WORK FOR, ARE BOARD MEMBERS OF, OR REPRESENT AND NOT TO THE INDIVIDUALS DIRECTLY. WAYNE HAMANO: WAYNE HAMANO IS THE EXECUTIVE VICE PRESIDENT OF BANK OF HAWAII. THE YMCA PAID THE BANK OF HAWAII A TOTAL OF $39,400 FOR ITS BANKING ACTIVITIES, $22,400 IN INVESTMENT HANDLING FEES AND $211,100 IN CREDIT CARD FEES, SOME OF WHICH WERE PROCESSING FEES TO BANK OF HAWAII. THESE TRANSACTIONS WERE CONCLUDED ON AN ARMS-LENGTH BASIS. DR. MICHAEL J. CHUN: DR. CHUN IS A BOARD MEMBER OF THE HAWAII MEDICAL SERVICE ASSOCIATION (HMSA), THE LARGEST HEALTH CARE INSURANCE PROVIDER IN THE STATE OF HAWAII. TRANSACTION AMOUNTS REPRESENT INSURANCE PREMIUMS PAID TO HMSA. THESE TRANSACTIONS WERE CONCLUDED ON AN ARMS-LENGTH BASIS. DR. MICHAEL J. CHUN: DR. CHUN IS A BOARD MEMBER OF THE BANK OF HAWAII. THE YMCA PAID THE BANK OF HAWAII A TOTAL OF $39,400 FOR ITS BANKING ACTIVITIES, $22,400 IN INVESTMENT HANDLING FEES AND $211,100 IN CREDIT CARD FEES, SOME OF WHICH WERE PROCESSING FEES TO BANK OF HAWAII. THESE TRANSACTIONS WERE CONCLUDED ON AN ARMS-LENGTH BASIS. TIMOTHY JOHNS: MR. JOHNS IS THE SENIOR VICE PRESIDENT OF HAWAII MEDICAL SERVICE ASSOCIATION (HMSA), THE LARGEST HEALTH CARE INSURANCE PROVIDER IN THE STATE OF HAWAII. TRANSACTION AMOUNTS REPRESENT INSURANCE PREMIUMS PAID TO HMSA. THESE TRANSACTIONS WERE CONCLUDED ON AN ARMS-LENGTH BASIS. TIMOTHY JOHNS: MR. JOHNS IS A BOARD MEMBER OF HAWAIIAN ELECTRIC COMPANY, THE SOLE PROVIDER OF ELECTRICITY ON THE ISLAND OF OAHU. THE TRANSACTION AMOUNTS REPRESENT PAYMENTS MADE TO HAWAIIAN ELECTRIC COMPANY TO PROVIDE ELECTRICITY SERVICES TO THE ORGANIZATION. THESE TRANSACTIONS WERE CONCLUDED ON A MARKET RATE BASIS. RONALD R. COX: MR. COX IS A VICE PRESIDENT OF HAWAIIAN ELECTRIC COMPANY, THE SOLE PROVIDER OF ELECTRICITY ON THE ISLAND OF OAHU. THE TRANSACTION AMOUNTS REPRESENT PAYMENTS MADE TO HAWAIIAN ELECTRIC COMPANY TO PROVIDE ELECTRICITY SERVICES TO THE ORGANIZATION. THESE TRANSACTIONS WERE CONCLUDED ON A MARKET RATE BASIS. MICHAEL CHINAKA: MR. CHINAKA IS A BOARD MEMBER OF HAWAIIAN EMPLOYER'S MUTUAL INSURANCE COMPANY (HEMIC), AN INSURANCE COMPANY BASED IN HAWAII. TRANSACTION AMOUNTS REPRESENT PAYMENTS MADE FOR WORKERS COMPENSATION PREMIUMS FOR THE STAFF OF THE YMCA. TRANSACTIONS WERE CONCLUDED ON AN ARMS-LENGTH BASIS. THOMAS RISSE: MR. RISSE IS THE CHIEF FINANCIAL OFFICER OF KAISER PERMANENTE - HAWAII REGION, THE SECOND LARGEST HEALTH CARE INSURANCE PROVIDER IN THE STATE OF HAWAII. TRANSACTION AMOUNTS REPRESENT INSURANCE PREMIUMS PAID TO KAISER PERMANENTE. THESE TRANSACTIONS WERE CONCLUDED ON AN ARMS-LENGTH BASIS. X 1 50 SELLING PRICE X 1228 SELLING PRICE X 1 1875 AVG MARKET PRICE X 1 100 SELLING PRICE X 4 310 SELLING PRICE X COMPUTER SOFTWARE 1 499591 REPLACEMENT VALUE X PLAYGROUND EQUIPMENT 2 118581 REPLACEMENT VALUE X GIFT CERTIFICATES 39 6480 SELLING PRICE X INFORMATION TECHNOLOGY EQUIPMENT 1 519 SELLING PRICE X SPORTS EQUIPMENT 5 1283 SELLING PRICE false true false PROGRAMS FOR YOUTH DEVELOPMENT FORM 990, PART III - PROGRAM SERVICE, LINE 4A Youth Development- Our YMCA of Honolulu is committed to nurturing the potential of every child. We believe that all kids deserve the opportunity to discover who they are and what they can achieve. That's why we help young people cultivate the values, skills, and relationships that lead to positive behaviors, better health, and educational achievement. Our YMCA programs, such as our After School and Summer childcare programs, offer a range of experiences that enrich cognitive, social, physical, and emotional growth. In 2013, the YMCA of Honolulu provided $327,800 of program fee waivers that made participation possible for many young people in our community. In addition, the YMCA of Honolulu touched the lives of over 17,900 children through its youth programs. PROGRAMS THAT DEVELOP HEALTHY LIVING FORM 990, PART III - PROGRAM SERVICE, LINE 4B Healthy Living- The YMCA of Honolulu is a leading voice on health and well-being. We bring families closer together, encourage good health, and foster connections through fitness, sports, fun, and shared interests. As a result, 29,200 people in our community are receiving the support, guidance, and resources they need to achieve greater health in sprit, mind, and body. This is particularly important as our nation struggles with an obesity crisis, families struggle with work/life balance, and individuals search for personal fulfillment. Our programs are accessible, affordable, and open to all faiths, backgrounds, abilities, and income levels. In 2013, we provided $455,200 in membership fee reductions to people who otherwise would have faced economic barriers to participation. PROGRAMS THAT EMBODY SOCIAL RESPONSIBILITY FORM 990, PART III - PROGRAM SERVICE, LINE 4C Social Responsibility- Our YMCA believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical social needs for more than 100 years. Our drug treatment and intervention services work to eliminate substance abuse, develop self respect, increase positive adjustment in school, improve family and interpersonal relations, and find suitable employment opportunities for troubled youth. Our gang and drug prevention programs work to develop interest in positive activities as an alternative to gang involvement and drug usage. The program provides leadership development, counseling, homework assistance, substance abuse education, camping, sports and recreations. Both of these programs are examples of how the YMCA of Honolulu delivers training, resources, and support that effect change, bridge gaps, and overcome obstacles. In 2013, we engaged 1,300 individuals in our Outreach programs in the hopes of strengthening our community and paving the way for future generations to thrive. BOARD REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11 The Finance Committee & Board of Directors, reviewed and approved Form 990 prior to filing with the Internal Revenue Service. A copy of Form 990, as filed with the Internal Revenue Service, will be provided to each and every Finance Committee member & board member prior to filing. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE CFO 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 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 OR 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. If it is determined that an officer, director or Key employee has a conflict of interest, the person is asked to leave the meeting during the discussion of, and the vote on, the arrangement involving the conflict of interest or the appearance of a conflict of interest. The Board of directors discusses the arrangement and its alternatives. If a more advantageous arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest or the appearance of a conflict of interest, the board of directors determines by a majority vote of disinterested members that the arrangement is in the Y's best interest, is fair and reasonable to the Y and whether to enter the arrangement. The minutes of the board contains the persons who disclosed or otherwise were found to have a conflict of interest and the nature of the conflict of interest. The minutes of the board also contain the names of the persons who were present for the discussion and the vote relating to the arrangement, the content of the discussion (including any action taken to determine whether the conflict of interest was in the Y's best interest and any alternatives to the proposed arrangement), and a record of any votes taken in connection therewith. COMPENSATION DETERMINATION POLICY FORM 990, PART VI, Lines 15A & 15B The YMCA of Honolulu's Board of Director Compensation Committee (the "Committee") is comprised solely of independent directors, none of which have a conflict of interest with respect to the compensation arrangement, and is accountable for setting a reasonable compensation 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 incentive compensation criteria for the CEO. The Association's written records include: (1) terms of the arrangement with the disqualified person (including the date the arrangement was approved); and (2) a description of any comparable data used. Appropriate comparability data for both the fixed and incentive compensation is obtained from the following: (1) via the YMCA-USA, the national organization that charters all YMCA organizations across the USA, and (2) via surveys of local based, similar sized companies, both for-profit and not-for-profit, with similar responsibilities. Comparability data used is drawn from similarly qualified persons in functionally comparable positions at similarly situated organizations in Hawaii and on the mainland. The Committee also obtains a written opinion on the appropriateness of the CEO's fixed & incentive compensation from the Human Resources Committee, and develops a recommendation that is approved by both the Executive Committee and the Board of Directors. The Executive Committee met in APRIL 2013 to determine the amount of fixed & incentive compensation, if any, to pay the CEO based off of the 2012 performance goals and evaluations. The minutes of the meetings to determine compensation include a list of members present, the actions approved by the Executive Committee and the Board of Directors, and a description of the comparability data used. The Board of Directors has appointed the CEO in charge of setting reasonable compensation packages for its other senior staff who are also officers or key employees of the YMCA of Honolulu. The CEO in conjunction with the HR director, and consistent with the organization's philosophy and principles, develops the annual performance goals and criteria to be used in determining merit increases and incentive compensation criteria for YMCA's employees. The ASSOCIATION'S written records include: (1) terms of the arrangement with the disqualified person (including the date the arrangement was approved); and (2) a description of any comparable data relied upon by the CEO & HR director. Appropriate comparability data is obtained via the YMCA-USA, the national organization that charters all YMCA organizations across the USA. Comparability data used is drawn from similarly qualified persons in functionally comparable positions at similarly situated organizations in Hawaii and on the mainland. This analysis for key employee compensation was last performed in JANUARY 2013. FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC 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 its financial statements and prior years' Form 990 available on its website. RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, TRUSTEES & KEY EMPLOYEES FORM 990, PART VI, SECTION A, LINE 2 TIMOTHY JOHNS, SENIOR VICE PRESIDENT OF HMSA, AND DR. MICHAEL J. CHUN, BOARD MEMBER OF HMSA, HAVE A BUSINESS RELATIONSHIP. TIMOTHY JOHNS, BOARD MEMBER OF HAWAIIAN ELECTRIC COMPANY, AND RONALD R. COX, VICE PRESIDENT OF HAWAIIAN ELECTRIC COMPANY, HAVE A BUSINESS RELATIONSHIP. CHANGES TO BYLAWS AND ARTICLES OF INCORPORATION FORM 990, PART VI, LINE 4 SEE ATTACHMENT 8 FOR CHANGES