2013-11-11T14:19:32-06:00 2013-06-30 953001179 WINDES & MCCLAUGHRY ACCT CORP PO BOX 87 LONG BEACH CA 908010087 990 2012-07-01 330841281 PANCREATIC CANCER ACTION NETWORK PANC 3107250025 1500 ROSECRANS AVENUE NO 200 MANHATTAN BEACH CA 90266 JULIE FLESHMAN 3107250025 2013-11-05 1 DONITA M JOSEPH P00286656 5624351191 2012 2016-02-25 16:41:14Z JULIE FLESHMAN 1500 ROSECRANS AVENUE NO 200 MANHATTAN BEACH CA 90266 26574100 0 X WWW.PANCAN.ORG X 1999 CA TO ADVANCE RESEARCH, SUPPORT PATIENTS, AND CREATE HOPE FOR PEOPLE WHO HAVE PANCREATIC CANCER. 6 5 110 2167 0 0 17395483 21450795 13995 7960 449033 383278 -1319047 -1792533 16539464 20049500 3445000 5045000 0 0 5986067 7094053 0 0 1733860 5722633 6898967 15153700 19038020 1385764 1011480 12790796 16360398 5054069 7656244 7736727 8704154 X THE PANCREATIC CANCER ACTION NETWORK, INC. IS A NATIONWIDE NETWORK OF PEOPLE DEDICATED TO WORKING TOGETHER TO ADVANCE RESEARCH, SUPPORT PATIENTS, AND CREATE HOPE FOR THOSE AFFLICTED BY PANCREATIC CANCER. 0 0 6816069 5045000 RESEARCH AND SCIENTIFIC AFFAIRS THE RESEARCH AND SCIENTIFIC AFFAIRS PROGRAM EMPLOYS A COMPREHENSIVE STRATEGY TO ADVANCE PANCREATIC CANCER RESEARCH BY DIRECTLY FUNDING RESEARCH GRANTS, WORKING WITH OUR GOVERNMENT AFFAIRS TEAM TO ADVOCATE FOR MORE RESOURCES FROM THE FEDERAL GOVERNMENT FOR INVESTIGATIONS INTO THE DISEASE, AND FACILITATING INTERACTIONS AND COLLABORATIONS WITHIN THE RESEARCH COMMUNITY. WE HAVE A DIVERSE RESEARCH GRANTS PORTFOLIO THAT IS DESIGNED TO EXPEDITE SCIENTIFIC PROGRESS FOR PATIENT BENEFIT. THE GRANTS PROGRAM USES A RIGOROUS, PEER-REVIEW SYSTEM TO ENSURE THAT THE VERY BEST SCIENCE FROM INSTITUTIONS AROUND THE COUNTRY IS FUNDED. THE PROGRAM IS EVALUATED BIANNUALLY TO ENSURE IMPACT AND RESULTS. 2109045 3930 GOVERNMENT AFFAIRS AND ADVOCACY - THE GOVERNMENT AFFAIRS AND ADVOCACY PROGRAM IN WASHINGTON, D.C., FOCUSES ON EDUCATING ELECTED OFFICIALS ABOUT PANCREATIC CANCER AND THE NEED TO INCREASE FEDERAL RESEARCH FUNDING DEDICATED TO THE DISEASE. THE FEDERAL GOVERNMENT HAS MORE DOLLARS FOR CANCER RESEARCH THAN ANY PRIVATE ENTITY. THEREFORE, WE AUGMENT PRIVATE RESEARCH FUNDING WITH AGGRESSIVE ADVOCACY FOR INCREASED FEDERAL DOLLARS FOR PANCREATIC CANCER. OUR EFFORTS INCLUDE BRINGING HUNDREDS OF SUPPORTERS EACH TO YEAR TO WASHINGTON, D.C. TO EDUCATE THEIR ELECTED OFFICIALS ABOUT THE DISEASE AND THE URGENT NEED TO TAKE ACTION. 2507144 4030 PATIENT AND LIAISON SERVICES (PALS) PALS IS A COMPREHENSIVE, FREE INFORMATION AND EDUCATION SERVICE FOR PANCREATIC CANCER PATIENTS, THEIR FAMILY MEMBERS AND CAREGIVERS, AND HEALTH PROFESSIONALS. WHEN AN INDIVIDUAL CALLS OR EMAILS THE PALS PROGRAM, THEY ARE MATCHED WITH HIGHLY TRAINED, DEDICATED STAFF MEMBERS, CALLED PALS ASSOCIATES, WHO ARE AVAILABLE TO ANSWER QUESTIONS AND PROVIDE INFORMATION AND SUPPORT. THE PROGRAM IS THE ONLY ONE OF ITS KIND PROVIDING QUALITY, DETAILED INFORMATION ON TOPICS INCLUDING DIAGNOSIS, TREATMENT OPTIONS, CLINICAL TRIALS, DIET AND NUTRITION, SPECIALISTS AND SUPPORT RESOURCES. PALS ALSO HOSTS LIVE, INTERACTIVE EDUCATIONAL EVENTS FOR PANCREATIC CANCER PATIENTS, THEIR FAMILY MEMBERS AND THEIR CAREGIVERS. THE GOAL OF THE PALS PROGRAM IS TO HELP PATIENTS AND THEIR FAMILIES LEARN ABOUT AND UNDERSTAND THEIR OPTIONS IN ORDER TO MAKE INFORMED CHOICES TOGETHER WITH THEIR MEDICAL TEAMS 4537609 COMMUNITY OUTREACH - COMMUNITY OUTREACH IS OUR TEAM OF DEDICATED AND PASSIONATE VOLUNTEERS ORGANIZED AS LOCAL AFFILIATES IN NEARLY SIXTY COMMUNITIES ACROSS THE COUNTRY. THE PASSION AND COMMITMENT OF OUR VOLUNTEERS HAS CREATED A GROWING MOVEMENT THAT PROPELS OUR MISSION FORWARD IN EACH PROGRAM AREA AND IS THE DRIVING FORCE BEHIND OUR ORGANIZATION. THE VOLUNTEER EFFORTS INCLUDE ENGAGING THE LOCAL MEDIA, HOSTING LOCAL EVENTS, ATTENDING HEALTH FAIRS, DISTRIBUTING PATIENT INFORMATION TO HOSPITALS AND DOCTORS' OFFICES, AND ALERTING ELECTED OFFICIALS ABOUT THE URGENT NEED FOR SCIENTIFIC PROGRESS IN PANCREATIC CANCER RESEARCH. 4537609 15969867 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 100 0 1 110 1 0 0 0 0 0 1 1 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY HI X X ABIGAIL WINSTON CFO 3107250025 1500 ROSECRANS AVENUE STE 200 MANHATTAN BEACH CA 90266 JULIE FLESHMAN 60.00 X X 311069 0 14696 PETER KOVLER 2.00 X X 0 0 0 LAURIE MACCASKILL 2.00 X X 0 0 0 STUART RICKERSON 2.00 X X 0 0 0 TERRENCE MECK 2.00 X 0 0 0 JEANNE WEAVER RUESCH 2.00 X 0 0 0 STEPHANIE R DAVIS ESQ 2.00 X 0 0 0 ABIGAIL WINSTON 50.00 X 49959 0 2606 RENA HAYAMI 50.00 X 198540 0 6334 LYNN MATRISIAN 50.00 X 249957 0 12793 JENNY ISAACSON 50.00 X 183866 0 12157 PAMELA MARQUARDT 50.00 X 182947 0 14693 LISA GILMOUR 50.00 X 135889 0 1015 CATHLEEN TOGUT 50.00 X 109541 0 14249 ANITRA TALLEY 50.00 X 104043 0 8226 GEORGE HSING 50.00 X 101798 0 9297 MEGAN DON GORDON 50.00 X 116513 0 5264 1744122 0 101330 10 0 1 0 AMERICAN ASSOC FOR CANCER RESEARCH 615 CHESTNUT ST 17TH FL PHILADELPHIA PA 19106 GRANT PEER REVIEW & ADMINISTRATION 2892351 CONTINENTAL 1500 ROSECRANS LLC PO BOX 845055 LOS ANGELES CA 90084 LANDLORD, CORPORATE OFFICE SPACE 687221 BLUE SHIELD OF CALIFORNIA FILE 55331 LOS ANGELES CA 900745331 MEDICAL INSURANCE PROVIDER 364287 MARRIOTT BUSINESS SERVICES 10400 FERNWOOD ROAD BETHSEDA MA 20817 ACCOMODATIONS 348348 NEIMAND COLLABORATIVE 1025 VERNMONT AVE NW SUITE 830 WASHINGTON DC 20005 COMMUNICATIONS 281061 5 379835 12486215 8584745 297167 21450795 PALS REGISTRATION 900099 7960 7960 7960 367531 367531 4332455 4316708 15747 15747 15747 352613 12486215 2146435 -1793822 -1793822 39530 26717 12813 12813 22728 34740 -12012 -12012 MISCELLANEOUS REVENUE 900099 488 488 488 20049500 11695 0 -1412990 5045000 5045000 1337679 1076425 72008 189246 4853900 3905916 261286 686698 138353 111332 7448 19573 328477 264324 17682 46471 435644 350561 23451 61632 590 590 23500 23500 773760 676385 97375 848292 776846 17913 53533 1264243 1196961 11963 55319 183484 153037 8750 21697 193575 162832 7299 23444 944003 783212 43482 117309 341562 227809 1793 111960 1220674 1164564 45983 10127 153955 130390 6282 17283 94729 86184 8545 PRINTING AND POSTAGE 468740 347590 3688 117462 STAFF & GRANTEE DEVELOP 310957 254737 4844 51376 SPECIAL EVENT EXPENSES 42662 42662 MISCELLANEOUS 34241 18331 13762 2148 19038020 15969867 1334293 1733860 X 9972 8187 479 1306 113 22080 1450349 1640577 1206693 2163507 68241 40942 528549 324838 1392049 669679 694539 722370 8514725 11060486 327587 385598 12790796 16360398 1144620 1260058 3271280 5759930 638169 636256 5054069 7656244 X 6984947 7688805 751780 1015349 7736727 8704154 12790796 16360398 1011480 -44053 0 X 0 1 X 1 0 X 8828149 11901555 13267432 17395483 21450795 72843414 8828149 11901555 13267432 17395483 21450795 72843414 72843414 152213 170849 244548 286439 369179 1223228 5559 19021 288 22868 47736 488 488 74114866 1410074 0.98280 0.97630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73545 370566 444111 17265898 17710009 1000000 250000 0 0 630077 737673 850875 1000000 3218625 4827938 222952 252416 356873 444111 1276352 157519 184418 212719 250000 804656 1206984 51103 21851 74556 73545 221055 PART IV, SUPPLEMENTAL INFORMATION: OFFICE IN WASHINGTON DC ENGAGES IN DEVELOPING REPORT LANGUAGE FOR APPROPRIATIONS BILLS AND SECURING CO-SPONSORS FOR THE RECALCITRANT CANCER RESEARCH ACT (FORMERLY KNOWN AS THE PANCREATIC CANCER RESEARCH AND EDUCATION ACT), HR733/S362; DEVELOPING ALERTS TO OUR MEMBERS REGARDING SPECIFIC LEGISLATION; PREPARING FOR AND ATTENDING VISITS ON CAPITAL HILL BY OUR MEMBERS AND THE PUBLIC DURING ADVOCACY DAYS; GIVING UNINVITED AND INVITED TESTIMONY OR WRITTEN RESPONSES DURING LEGISLATIVE HEARINGS; DEVELOPING GENERAL EDUCATION MESSAGES THROUGH MEDIA CAMPAIGNS THAT DO OR DO NOT INCLUDE A CALL FOR ACTION. 173723 45096 128627 430004 146453 283551 788322 478130 310192 722370 CAPITAL LEASE OBLIGATIONS 15739 DEFERRED LEASE LIABILITY 620517 636256 X 19888380 -44053 -44053 19932433 117067 117067 20049500 18920953 0 18920953 117067 117067 19038020 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS FILING STATUS OF TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. EVENING WITH THE STARS GALA 1089509 883296 206213 36291 115716 2474 51733 WALKS AND RUNS 11338894 11338894 339467 93579 41065 1319711 31 410424 264025 146399 111686 2305 1000 31409 12838827 12486215 352612 487444 211600 44539 1402853 2146436 -1793824 39530 1394 25323 1 1.00000 39530 1394 25323 26717 12813 ID MN OH MO IL PA VA CA TX WA 1 0 1 0 1.00000 PANCREATIC CANCER ACTION NETWORK 1500 ROSECRANS AVENUE SUITE 200 MANHATTAN BEACH CA 90266 0 ABIGAIL WINSTON OVERSIGHT AND REVIEW OF REPORTING THAT OCCURS IN GAMING ACTIVITIES. X 1 39531 SCHEDULE G, PART I, LINE 3 THE ORGANIZATION IS REGISTERED TO FUNDRAISE IN EVERY STATE. SOME OF THE STATES IN WHICH WE HELD RAFFLES ALSO REQUIRE SEPARATE REGISTRATIONS. IN FY13, THE PROPER STATE REGISTRATION FORMS WERE FILED. SCHEDULE G, PART III, LINE 11 THE PUBLIC IS INVITED TO PARTICIPATE IN ALL OUTREACH EVENTS, SOME OF WHICH MAY INCLUDE A GAMING ACTIVITY. FOR EXAMPLE, WALK-A-THONS MAY BE PRECEDED BY A RAFFLE DRAWING. GAMING REVENUE IS NOT RECEIVED ON-LINE; IT IS COLLECTED VIA TICKET SALES AT EVENTS AND IN ADVANCE OF EVENTS THROUGH INDIVIDUAL VOLUNTEER SALES. INFREQUENTLY, RAFFLE TICKETS MAY BE IN CONJUNCTION WITH A REGISTRATION BY MAIL OR PHONE. SCHEDULE G, PART III, LINE 16 GAMING REVENUE IS COLLECTED BY VOLUNTEERS NATIONWIDE AND IS REMITTED TO THE CORPORATE OFFICE IN MANHATTAN BEACH FOR RECORDING IN THE ORGANIZATION'S REVENUE DATABASE. AFFILIATES ARE ACTIVELY INVOLVED WITH THE TASK OF COMPLETING AND FILING ANY REPORTS REQUIRED BEFORE AND AFTER THE RAFFLE EVENT. THE CORPORATE ACCOUNTING OFFICE, UNDER THE SUPERVISION OF ABIGAIL WINSTON, CFO, IS ULTIMATELY RESPONSIBLE FOR MAINTAINING GAMING DOCUMENTION. THE VOLUNTEER AFFILIATE IS RESPONSIBLE FOR THE COORDINATION AND IMPLEMENTATION OF THE GAMING ACTIVITY IN CONJUNCTION WITH ALL OTHER ASPECTS OF AN OUTREACH EVENT. COMMUNITY OUTREACH MANAGERS AT THE CORPORATE OFFICE PROVIDE GUIDANCE TO AFFILIATES AND APPROVE BUDGETS AND CERTAIN MARKETING MATERIALS FOR THE EVENT. 1 ABRAMSON FAMILY CANCER RESEARCH INSTITUTION 421 CURIE BOULEVARD 409 BRB II/III OMAHA NE 191046160 231352685 501(C)(3) 1200000 FUND RESEARCH BOARD OF REGENTS OF THE UNIVERSITY OF NEBRASKA MEDICAL CENTER 987835 NEBRASKA MEDICAL CENTER PITTSBURGH PA 681987835 470049123 501(C)(3) 200000 FUND RESEARCH COLUMBIA UNIVERSITY MEDICAL CENTER 630 WEST 168TH STREET BOX 49 NEW YORK NY 100323702 135598093 501(C)(3) 200000 FUND RESEARCH DANA-FARBER CANCER INSTITUTE 450 BROOKLINE AVENUE BOSTON MA 022155450 042263040 501(C)(3) 45000 FUND RESEARCH JOAN AND SANFORD I WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY 1300 YORK AVENUE BOX 89 NEW YORK NY 10065 131623978 501(C)(3) 600000 FUND RESEARCH JOHN HOPKINS UNIVERSITY 733 N BROADWAY SUITE 117 BALTIMORE MA 21205 520595110 501(C)(3) 1200000 FUND RESEARCH MASSACHUSETTS GENERAL HOSPITAL 101 HUNTINGTON AVENUE BOSTON MA 02199 042697983 501(C)(3) 200000 FUND RESEARCH NEW YORK UNIVERSITY SCHOOL OF MEDICINE ONE PARK AVENUE 6TH FLOOR NEW YORK NY 10016 135562308 501(C)(3) 600000 FUND RESEARCH STANFORD UNIVERSITY 3160 PORTER DRIVE SUITE 100 STANFORD CA 94304 941156365 501(C)(3) 200000 FUND RESEARCH THE REGENTS OF THE THE UNIVERSITY OF CALIFRONIA SAN FRANCISCO 3333 CALIFORNIA STREET SUITE 315 SAN FRANCISCO CA 941430962 946036493 501(C)(3) 200000 FUND RESEARCH UNIVERSITY OF MICHIGAN MEDICAL SCHOOL 3003 SOUTH STATE ST ANN ARBOR MI 481091274 386006309 501(C)(3) 200000 FUND RESEARCH UNIVERSITY OF PITTSBURG 123 UNIVERSITY PLACE UNIVERSITY CLUB LOWER LEVEL PHILADELPHIA PA 152132303 125096559 501(C)(3) 200000 FUND RESEARCH 12 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE PANCREATIC CANCER ACTION NETWORK ADMINISTERS ITS GRANTS PROGRAM IN PARTNERSHIP WITH THE AMERICAN ASSOCIATION FOR CANCER RESEARCH (AACR). THE AMOUNT OF THE GRANTS AND ELIGBILITY CRITERIA ARE DETERMINED IN CONSULTATION WITH THE AACR AND THE ORGANIZATION'S SCIENTIFIC ADVISORY BOARD, IN ADVANCE OF PUBLIC NOTIFICATION OF GRANT AVAILABILITY. GRANTS ARE SELECTED BY SCIENTIFIC REVIEW PERFORMED BY A PANEL OF PEER EXPERTS, CONVENED BY THE AACR. ALL GRANT AMOUNTS, ELIGIBILITY CRITERIA, AND REVIEW PROCESSES ARE DOCUMENTED ANNUALLY IN THE INDIVIDUAL GRANT APPLICATION PROCEDURE DOCUMENTS. GRANT AMOUNTS AND REVIEW PROCESSES ARE ALSO SPECIFIED IN THE CO-SPONSORSHIP AGREEMENT BETWEEN THE ORGANIZATION AND AACR. TWICE YEARLY PROGRESS REPORTS ARE REQUIRED FOR ALL GRANTS AWARDED. THESE PROGRESS REPORTS ARE COLLECTED BY THE AACR AND COPIES ARE PROVIDED TO THE PANCREATIC CANCER ACTION NETWORK. PROGRESS REPORTS INCLUDE A DESCRIPTION OF THE RESEARCH WORK ACCOMPLISHED, FUNDS USED, LESSONS LEARNED AND OTHER OUTCOMES. FINAL REPORTS ARE DUE WITHIN TWO MONTHS OF THE COMPLETION OF THE GRANT PERIOD AND MUST ACCOUNT FOR THE ENTIRE GRANT AMOUNT. AACR AND THE PANCREATIC CANCER ACTION NETWORK REVIEW ALL PROGRESS AND FINAL REPORTS. ANNUAL REPORTS ARE ALSO EVALUATED BY MEMBERS OF THE SCIENTIFIC ADVISORY COMMITTEE THAT DETERMINED FUNDING DECISIONS. AACR COMMUNICATES DIRECTLY WITH GRANT RECIPIENTS TO RESOLVE QUESTIONS OR DISCREPANCIES. THIS PROCESS IS DOCUMENTED IN THE ANNUAL CO-SPONSORSHIP AGREEMENT BETWEEN THE ORGANIZATION AND AACR AND IN THE AGREEMENTS WITH INDIVIDUAL GRANT RECIPIENTS. X X X X X X 1 0 0 0 0 0 0 0 0 JULIE FLESHMAN 248566 0 62503 0 0 0 10001 0 4695 0 325765 0 0 0 RENA HAYAMI 107887 0 22248 0 68405 0 5393 0 941 0 204874 0 0 0 LYNN MATRISIAN 230707 0 19250 0 0 0 6600 0 6193 0 262750 0 0 0 JENNY ISAACSON 154991 0 28875 0 0 0 6732 0 5425 0 196023 0 0 0 PAMELA MARQUARDT 162657 0 20290 0 0 0 6543 0 8150 0 197640 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS, OR ITS COMPENSATION COMMITTEE, WILL OBTAIN DATA REPRESENTATIVE OF MARKET SALARIES FOR A SIMILAR POSITION AND COMPANY SIZE AS A BASIS FOR PROPOSING SALARY ADJUSTMENTS. THE COMMITTEE WILL CONSIDER THE COMPENSATION PACKAGE COMPREHENSIVELY (INCLUDING FRINGE BENEFITS) AND PROPOSE MODIFICATIONS AT THE NEXT ANNUAL BOARD MEETING PRIOR TO THE NEW FISCAL YEAR. THE BOARD, MEETING IN EXECUTIVE SESSION, APPROVES THE CEO/PRESIDENT SALARY. COMPENSATION OF THE CFO IS AUTHORIZED IN THE SAME MANNER AS THE PRESIDENT AND CEO EXCEPT THAT THE PRESIDENT WILL MAKE A RECOMMENDATION TO THE BOARD AS TO THE SALARY LEVEL. COMPENSATION TO THE TOP LEVEL FINANCIAL EMPLOYEE, AS WELL AS ALL KEY EMPLOYEES, IS DETERMINED IN THE SAME MANNER AS COMPENSATION TO NON-MANAGEMENT STAFF. A GUIDELINE RANGE OF SALARY INCREASE DETERMINED BY APPROXIMATE COST OF LIVING IS DEEMED THE STANDARD INCREASE UNLESS SUPPORTED BY A CHANGE IN RESPONSIBILITIES OR AN ADJUSTMENT NECESSARY TO BRING THE POSITION UP TO MARKET. THE PRESIDENT DETERMINES THIS RANGE, AND PROPOSES SALARY INCREASES FOR DIRECTOR-LEVEL STAFF, BASED ON SURVEY INFORMATION OR MARKET AWARENESS. PART I, LINE 4A RENA HAYAMI, CHIEF FINANCIAL OFFICER, RECEIVED A SEVERANCE PAYMENT OF $68,404.87. X 1 525 SELLING PRICE X 10744 INVOICE/RECEIPT X 15 288022 QUOTED MARKET VALUE X 13 1440 DONOR'S ESTIMATE X 91 43054 INVOICE/RECEIPT X GIFT CERT. 7 8944 RETAIL VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE INVESTMENT AND AUDIT COMMITTEE RECEIVES AND REVIEWS THE DRAFT OF THE FORM 990, INCLUDING SCHEDULES, PRIOR TO FILING OF THE RETURN. A MEETING OF THE AIC INCLUDING THE PRESIDENT AND CEO, THE CFO AND THE OUTSIDE CPA FIRM IS HELD TO REVIEW THE FINAL DRAFT OF THE FORM 990. UPON APPROVAL OF THE FORM 990 BY THE AIC, THE FINAL FORM 990, WITH CHANGES REFLECTED, IF ANY, IS FILED ELECTRONICALLY. THE FORM 990 IS E-MAILED TO THE ENTIRE BOARD OF DIRECTORS FOLLOWING APPROVAL BY THE AIC AND PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS IS REQUIRED TO SUBMIT AN UPDATED CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. TO THE EXTENT THAT RELATIONSHIPS ARE IDENTIFIED VIA THESE STATEMENTS AND OTHER INFORMATION, THE INDIVIDUAL'S CONSTITUENT RECORD IN THE COMPANY DATABASE IS UPDATED TO INCLUDE THIS INFORMATION, FACILITATING PERIODIC QUERIES, AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS A COMPENSATION COMMITTEE THAT CONSIDERS MATTERS RESULTING IN THE INCREASE OR MODIFICATION OF TOP-LEVEL EXECUTIVE MANAGEMENT. A DIRECTOR OF HUMAN RESOURCES WAS HIRED IN 1/2011 WHO STAYS ABREAST OF INDUSTRY SALARY LEVELS. INDEPENDENT PROFESSIONAL EXPERTS ARE CALLED UPON FOR HIGHER-LEVEL POSITIONS AND ASSIST IN ESTABLISHING EXECUTIVE SALARIES IN THE COMPETITIVE MARKETPLACE. SALARIES IN BOTH FOR PROFIT AND NOT FOR PROFIT ORGANIZATIONS ARE EVALUATED IN ORDER TO ATTRACT THE MOST TALENTED PERSONNEL. THE INFORMATION GATHERED IS REVIEWED WITH THE INTENT OF ENSURING THAT THE EXECUTIVE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. THE REVIEW COMPREHENDS INCENTIVE PLANS AND ALL FRINGE BENEFITS AS WELL AS BASE SALARY ARRANGEMENTS. THE BOARD ESTABLISHES THE CEO/PRESIDENT SALARY LEVEL DURING THE EXECUTIVE SESSION OF A CALLED BOARD MEETING. ONCE APPROVED, EXECUTIVE COMPENSATION PACKAGES ARE FORMALIZED IN WRITING AND ONCE ACCEPTED BY THE EXECUTIVE, RETAINED IN THE EXECUTIVES' PERSONNEL FILE(S). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS A FORMAL POLICY FOR PUBLIC DISCLOSURE AND INSPECTION OF DOCUMENTS. THE POLICY IS POSTED ON THE ORGANIZATION'S WEB-SITE. AFFILIATES FORM 990 PART VI, LINE 10B COMPANY AFFILIATES CONSIST OF VOLUNTEERS WHO AGREE TO PERFORM THEIR VOLUNTEER ACTIVITIES IN COMPLIANCE WITH GUIDELINES PROVIDED IN A COMMUNITY OUTREACH AFFILIATE AGREEMENT. THERE ARE NO NON-VOLUNTEER AFFILIATES, CHAPTERS OR BRANCHES. FUNDRAISING EVENTS FORM 990, PART VIII, LINE 8C THE PANCREATIC CANCER ACTION NETWORK AND THEIR NETWORK OF VOLUNTEER AFFILIATES HELD WALKS, RUNS, AND BIKE EVENTS ALL OVER THE NATION TO BOTH FUNDRAISE AND RAISE PUBLIC AWARENESS ABOUT PANCREATIC CANCER. ALL REVENUE RAISED FROM THE EVENTS ARE CONSIDERED TO BE CHARITABLE CONTRIBUTIONS. THE ENTITY DOES INCUR EXPENSES IN CONDUCTING THE EVENTS, BUT BECAUSE ALL INCOME IS CATERGORIZED AS CONTRIBUTION REVENUE, IT IS REPORTED AS A LOSS FROM SPECIAL EVENTS, EVEN THOUGH THE EVENT WAS PROFITABLE.