2012-05-18T07:48:14-05:00 2011-12-31 TAYLOR ROTH AND COMPANY 800 GRANT ST STE 310 DENVER CO 802032944 990 2011-01-01 911919141 TRAINING RESOURCES FOR THE TRAI 5059868400 600 AGUA FRIA STREET SANTA FE NM 87501 DYAN OLDENBURG 5059868400 2012-05-08 true KEN ROTH 3038308109 2012-05-08 2011 2016-02-24 21:20:13Z DYAN OLDENBURG 600 AGUA FRIA STREET SANTA FE NM 87501 1410032 false X WWW.TREC.ORG X 1998 WA TREC'S MISSION IS TO CATALYZE THE HABITAT CONSERVATION AND WILDERNESS PROTECTION COMMUNITY IN WESTERN NORTH AMERICA TO PROMOTE SUSTAINABLE ENVIRONMENTAL INTEGRITY AND DIVERSITY. WE CARRY OUT OUR MISSION THROUGH COACHING, CONSULTING, AND TRAINING SERVICES FOCUSED ON LEADERSHIP DEVELOPMENT, CAPACITY-BUILDING, AND LEVERAGING RESOURCES TO ORGANIZATIONS DEDICATED TO HABITAT CONSERVATION AND WILDERNESS PROTECTION. 6 5 8 5 0 1190500 1255250 91856 149583 8092 3858 0 1290448 1408691 29253 0 795438 742128 0 43265 467523 574060 1262961 1345441 27487 63250 723514 787646 81345 82227 642169 705419 X TREC'S MISSION IS TO CATALYZE THE HABITAT CONSERVATION AND WILDERNESS PROTECTION COMMUNITY IN WESTERN NORTH AMERICA TO PROMOTE SUSTAINABLE ENVIRONMENTAL INTEGRITY AND DIVERSITY. WE CARRY OUT OUR MISSION THROUGH COACHING, CONSULTING, AND TRAINING SERVICES FOCUSED ON LEADERSHIP DEVELOPMENT, CAPACITY-BUILDING, AND LEVERAGING RESOURCES TO ORGANIZATIONS DEDICATED TO HABITAT CONSERVATION AND WILDERNESS PROTECTION. false false 697982 585 144463 ORGANIZATIONAL EFFECTIVENESS PROGRAM AND CUSTOM SERVICES: TREC PROVIDED HIGHLY INTENSIVE, CUSTOMIZED TRAINING, CONSULTING AND COACHING TO OVER 55 ORGANIZATIONS IN TARGETED REGIONS WITHIN WESTERN NORTH AMERICA. AS A RESULT OF TREC'S SERVICES, CLIENT ORGANIZATIONS DEVELOPED SYSTEMS AND TOOLS THAT ENABLED THEM TO USE THEIR RESOURCES MORE EFFICIENTLY IN MEETING THEIR MISSIONS. THIS PROGRAM ALLOWED ORGANIZATIONS TO RECEIVE HIGH-QUALITY ASSISTANCE THAT THEY WOULD NOT OTHERWISE BE ABLE TO AFFORD IN AREAS SUCH AS BOARD DEVELOPMENT, STRATEGIC PLANNING AND FISCAL MANAGEMENT. 321400 28668 LEADERSHIP PROGRAM: OUR YEAR-LONG STRATEGIC LEADERSHIP DEVELOPMENT PROGRAM ADDRESSES THE CHALLENGES AND NEEDS FACING NON-PROFIT LEADERS IN WESTERN NORTH AMERICA. PARTICIPANTS GAINED SKILLS FOR MANAGING STAFF AND LEADING TEAMS, AS WELL AS FISCAL MANAGEMENT, STRATEGIC PLANNING, AND PERSONNEL MANAGEMENT. OVER THE 12 MONTHS, 21 PARTICIPANTS RECEIVED APPROXIMATELY 18 DAYS OF IN-PERSON INTENSIVE TRAINING. EACH PARTICIPANT ALSO RECEIVES A 360-DEGREE REVIEW AND ONE-ON-ONE EXECUTIVE COACHING THROUGHOUT THE PROCESS. IN 2011, TREC ALSO CONDUCTED A STEPPING UP TO LEADERSHIP TRAINING FOR NEW LEADERS FROM 21 ORGANIZATIONS AS WELL AS A REUNION OF LEADERSHIP PROGRAM GRADUATES. 117785 FUNDRAISING ASSISTANCE PROGRAM: THE FUNDRAISING ASSISTANCE PROGRAM HELPED ORGANIZATIONS TO RAISE MONEY WHILE THEY DIVERSIFY AND STABILIZE THEIR FUNDRAISING BASE. PAST PARTICIPANTS HAVE REPORTED SUBSTANTIAL INCREASES IN REVENUE, MEMBERSHIP, AND MAJOR DONORS AFTER COMPLETING THE SERIES. MORE THAN 20 TRAINING SESSIONS WERE HELD IN 2011 FOR 20 ORGANIZATIONS. THESE WEB-BASED TRAINING SESSIONS ARE SUPPLEMENTED WITH EXTENSIVE INDIVIDUAL CONSULTATION AND COACHING AND HANDS-ON HOMEWORK ASSIGNMENTS. THIS PRECEDENT-SETTING COMBINATION HAS ALLOWED PARTICIPANTS TO LEARN CRUCIAL SKILLS, NETWORK WITH THEIR PEERS, AND APPLY NEW INFORMATION TO THEIR ORGANIZATIONS IMMEDIATELY. 30112 5120 APPLIED RESEARCH AND EVALUATION PROGRAM: THE APPLIED RESEARCH AND EVALUATION PROGRAM PROVIDED EXPERT ASSISTANCE TO ORGANIZATIONS IN CONDUCTING PROGRAM EVALUATION INCLUDING BENCH-MARKING, INTERVIEW AND FOCUS GROUP FACILITATION, SURVEYING, AND DATA COLLECTION. IN 2011, OUR RESEARCH REPORTS PROVIDED THOUSANDS OF NON-PROFITS WITH CRITICAL AND TIMELY INFORMATION WHICH ENHANCED THEIR UNDERSTANDING OF THE SECTOR AND INCREASED THEIR EFFECTIVENESS. OUR FLAGSHIP REPORT FOR 2011 WAS ON SALARIES AND BENEFITS. WE SURVEYED OVER 500 NONPROFIT ENVIRONMENTAL ORGANIZATIONS AND GATHERED DATA ON OVER 10,000 EMPLOYEES IN THIS COMPREHENSIVE REPORT ON CURRENT SALARIES AND BENEFITS LEVELS IN ENVIRONMENTAL ORGANIZATIONS IN THE UNITED STATES AND CANADA. 30112 5120 1167279 true true false true false false false false false true true false false false false true false false false true true true false false false false false true true true false false false false false false false false false false false false false false false false false false true 10 0 true 8 true false false false false false false false false false false X 6 5 false false false false false false false true true false false true true true true true true true true false WA NM X DYAN OLDENBURG 5059868400 600 AGUA FRIA SANTA FE NM 87501 X DYAN OLDENBURG 40.00 X X 134490 0 29216 ED LEWIS 2.00 X X 0 0 0 JIM STRATTON 2.00 X X 0 0 0 STEPHANIE CAIRNS 2.00 X X 0 0 0 JURI PEEPRE 1.00 X 0 0 0 ANDREW S GORDON 1.00 X 0 0 0 MARGARET SEIBEL 40.00 X 135196 0 13049 JEFFREY DEBONIS 40.00 X 102398 0 23448 372084 65713 3 false true false 1255250 1255250 BELOW-COST CONSULTING FEES 541610 142849 142849 REPORT SALES 541610 5120 5120 REFUNDS AND REIMBURSEMENTS 541610 1250 1250 MISCELLANEOUS REVENUE 541610 364 364 149583 5199 5199 1341 -1341 -1341 -1341 1408691 148242 5199 14545 14545 7562 7562 7146 7146 311951 236042 45629 30280 320300 293367 25421 1512 23166 19702 3115 349 38694 30105 7298 1291 48017 39697 5829 2491 11281 11281 326590 310001 13489 3100 42877 37251 4057 1569 3950 3446 367 137 27045 23077 2783 1185 94166 93046 1120 51594 45285 6309 3893 3310 430 153 7668 1561 6062 45 PAYROLL SERVICE 2339 2339 STAFF DEVELOPMENT 2120 1765 342 13 STAFF RECRUITMENT 537 371 146 20 1345441 1167279 134897 43265 X 423543 620547 44314 5072 1436 1236 41067 31016 4221 10051 250000 150740 723514 787646 81345 82227 81345 82227 X 642169 705419 642169 705419 723514 787646 63250 X X true false true X false X 1357500 1120000 1185000 1190500 1255250 6108250 1357500 1120000 1185000 1190500 1255250 6108250 3335619 2772631 16380 16101 18011 8092 5199 63783 6172033 149583 0.44920 0.25550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 1167279 1167279 false 181868 181868 272802 12307 12307 45467 45467 68201 12307 12307 false false false false false false false false false false false false false false false false false false false false false 135265 135265 135265 135265 135265 135265 1.00000 false false false 41067 31016 10051 10051 1408691 1345441 63250 63250 1410032 1341 1341 1408691 1408691 1346782 1341 1341 1345441 1345441 INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 BOARD RESERVE FOR CONTINGENCIES. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X TRAINING RESOURCES FOR THE ENVIRONMENTAL COMMUNITY HAS RECEIVED AN INTERNAL REVENUE SERVICE EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(3)(3). ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 LOSSES ON DISPOSITIONS OF COMPUTER EQUIPMENT 1,341 LOSSES ON DISPOSITIONS OF COMPUTER EQUIPMENT -1,341 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D LOSSES ON DISPOSITIONS OF COMPUTER EQUIPMENT 1,341 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D LOSSES ON DISPOSITIONS OF COMPUTER EQUIPMENT 1,341 true NORTH AMERICA 2 PROGRAM SERVICES TECHNICAL ASSISTANCE 72909 2 2 72909 72909 X PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES SCHEDULE F, PAGE 1, PART I, LINE 2 PARTICIPANTS MAY REQUEST FINANCIAL ASSISTANCE TO COVER A PORTION OF THEIR TRAVEL EXPENSES TO ATTEND OUR TRAININGS. THEY MAKE THEIR REQUEST IN ADVANCE OF THE TRAINING, DESCRIBING THE MEANS OF TRAVEL, TOTAL COSTS, AND THE AMOUNT THAT THEY ARE REQUESTING TREC TO COVER. TREC REVIEWS THE REQUESTS TO MAKE SURE ALL EXPENSES ARE REASONABLE AND DETERMINES WHICH EXPENSES ARE COVERED BASED ON NEED. ALL REIMBURSEMENTS ARE MADE AFTER THE TRAINING ONCE PARTICIPANTS HAVE TURNED IN RECEIPTS DOCUMENTING THE EXPENSES. NO GRANTS WERE OVER 5,000; NONE ARE REPORTED IN PART II OR PART III. NORTH AMERICA 72,909 0 ADDITIONAL INFORMATION SCHEDULE F, PAGE 5, PART V TREC DOES NOT ACCOUNT FOR ITS BELOW-COST TRAINING AND TECHNICAL ASSISTANCE BY RECIPIENT ORGANIZATION. IN 2011, TREC PROVIDED IN-DEPTH TRAINING AND CONSULTING TO MORE THAN 75 ENVIRONMENTAL ORGANIZATIONS IN NORTH AMERICA. IN ADDITION, RECORDED TUTORIALS, RESEARCH REPORTS, AND OTHER RESOURCES WERE AVAILABLE TO THE PUBLIC. IN SOME INSTANCES, WE FOCUS INTENSIVELY ON A HANDFUL OF SELECTED ENVIRONMENTAL CHARITIES, USUALLY FOR A PERIOD OF ONE TO THREE YEARS, DEPENDING ON THEIR STAGE OF DEVELOPMENT AND THE OPPORTUNITY TO LEVERAGE TREC'S SKILLS FOR THE STRENGTH OF THE SECTOR. IN 2011, SEVEN ORGANIZATIONS OUTSIDE OF THE U.S. RECEIVED SUCH ASSISTANCE AT A SIGNIFICANT LEVEL WHICH WOULD EXCEED 5,000 IN COST IF TREC WERE ACCOUNTING FOR IT IN THAT MANNER. ALL SEVEN ORGANIZATIONS WERE IN THE NORTH AMERICA REGION, AND ALL OF THEM WERE THE EQUIVALENT OF U.S. PUBLIC CHARITIES. SEE ALSO CORE FORM, PART III, LINE 4. true X TRAVEL ASSISTANCE 15 7562 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 PARTICIPANTS MAY REQUEST FINANCIAL ASSISTANCE TO COVER A PORTION OF THEIR TRAVEL EXPENSES TO ATTEND OUR TRAININGS. THEY MAKE THEIR REQUEST IN ADVANCE OF THE TRAINING, DESCRIBING THE MEANS OF TRAVEL, TOTAL COSTS, AND THE AMOUNT THAT THEY ARE REQUESTING TREC TO COVER. TREC REVIEWS THE REQUESTS TO MAKE SURE ALL EXPENSES ARE REASONABLE AND DETERMINES WHICH EXPENSES ARE COVERED BASED ON NEED. ALL REIMBURSEMENTS ARE MADE AFTER THE TRAINING ONCE PARTICIPANTS HAVE TURNED IN RECEIPTS DOCUMENTING THE EXPENSES. ADDITIONAL INFORMATION SCHEDULE I, PAGE 4, PART IV TREC DOES NOT ACCOUNT FOR ITS BELOW-COST TRAINING AND TECHNICAL ASSISTANCE BY RECIPIENT ORGANIZATION. IN 2011, TREC PROVIDED IN-DEPTH TRAINING AND CONSULTING TO MORE THAN 75 ENVIRONMENTAL ORGANIZATIONS IN NORTH AMERICA. IN ADDITION, RECORDED TUTORIALS, RESEARCH REPORTS, AND OTHER RESOURCES WERE AVAILABLE TO THE PUBLIC. IN SOME INSTANCES, WE FOCUS INTENSIVELY ON A HANDFUL OF SELECTED ENVIRONMENTAL CHARITIES, USUALLY FOR A PERIOD OF ONE TO THREE YEARS, DEPENDING ON THEIR STAGE OF DEVELOPMENT AND THE OPPORTUNITY TO LEVERAGE TREC'S SKILLS FOR THE STRENGTH OF THE SECTOR. IN 2011, AN ESTIMATED 20 ORGANIZATIONS RECEIVED SUCH ASSISTANCE AT A SIGNIFICANT LEVEL WHICH WOULD EXCEED 5,000 IN COST IF TREC WERE ACCOUNTING FOR IT IN THAT MANNER. ALL 20 OF THE ORGANIZATIONS WERE PUBLIC CHARITIES. SEE ALSO CORE FORM, PART III, LINE 4. X X X X X false false false false false false false false false DYAN OLDENBURG 134490 12828 16388 163706 6260 OTHER ADDITIONAL INFORMATION SCHEDULE J, PART III DYAN OLDENBURG, EXECUTIVE DIRECTOR AND DIRECTOR, RECEIVED REIMBURSEMENTS FOR ROUTINE, REASONABLE, AND ACTUAL EXPENSES INCURRED DURING THE YEAR UNDER AN ACCOUNTABLE PLAN. MS. OLDENBURG TRAVELS THROUGHOUT OUR SERVICE AREA. THE ORGANIZATION HAS A TRAVEL POLICY THAT CAPS REIMBURSEMENT LEVELS AND REQUIRES LOW-BUDGET TRAVEL. IN ORDER TO REDUCE THE VACATION PAYABLE LIABILITY, THE ORGANIZATION DID A ONE-TIME BUY-OUT OF ACCUMULATED VACATION TIME TO LONG-TERM EMPLOYEE, DYAN OLDENBURG. VACATION HOURS WERE PAID OUT AT THE EMPLOYEE'S CURRENT SALARY LEVEL. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION TREC'S MISSION IS TO CATALYZE THE HABITAT CONSERVATION AND WILDERNESS PROTECTION COMMUNITY IN WESTERN NORTH AMERICA TO PROMOTE SUSTAINABLE ENVIRONMENTAL INTEGRITY AND DIVERSITY. WE CARRY OUT OUR MISSION THROUGH COACHING, CONSULTING, AND TRAINING SERVICES FOCUSED ON LEADERSHIP DEVELOPMENT, CAPACITY-BUILDING, AND LEVERAGING RESOURCES TO ORGANIZATIONS DEDICATED TO HABITAT CONSERVATION AND WILDERNESS PROTECTION. ADDITIONAL INFORMATION FORM 990 FORM 990, PART IV, LINES 12A AND 12B: TREC OBTAINED INDEPENDENT AUDITED FINANCIAL STATEMENTS FOR THE YEARS OF 2007, 2008, AND 2010. THE FINANCIAL STATEMENTS WERE REVIEWED BY INDEPENDENT ACCOUNTANTS IN 2009 AND 2011. EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS SERVE ON THE BOARD OF DIRECTORS OF THE ORGANIZATION. ALL OTHER ACCOMPLISHMENT DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D APPLIED RESEARCH AND EVALUATION PROGRAM: THE APPLIED RESEARCH AND EVALUATION PROGRAM PROVIDED EXPERT ASSISTANCE TO ORGANIZATIONS IN CONDUCTING PROGRAM EVALUATION INCLUDING BENCH-MARKING, INTERVIEW AND FOCUS GROUP FACILITATION, SURVEYING, AND DATA COLLECTION. IN 2011, OUR RESEARCH REPORTS PROVIDED THOUSANDS OF NON-PROFITS WITH CRITICAL AND TIMELY INFORMATION WHICH ENHANCED THEIR UNDERSTANDING OF THE SECTOR AND INCREASED THEIR EFFECTIVENESS. OUR FLAGSHIP REPORT FOR 2011 WAS ON SALARIES AND BENEFITS. WE SURVEYED OVER 500 NONPROFIT ENVIRONMENTAL ORGANIZATIONS AND GATHERED DATA ON OVER 10,000 EMPLOYEES IN THIS COMPREHENSIVE REPORT ON CURRENT SALARIES AND BENEFITS LEVELS IN ENVIRONMENTAL ORGANIZATIONS IN THE UNITED STATES AND CANADA. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B APPROXIMATELY A WEEK PRIOR TO FILING THE FORM 990, A DRAFT IN PDF FORMAT IS SENT TO ALL BOARD MEMBERS ALONG WITH AN EMAIL CALLING THEIR ATTENTION TO PORTIONS OF THE FORMS MOST LIKELY TO BE READ BY THE PUBLIC AND FUNDERS ON GUIDESTAR. COMMENTS AND CORRECTIONS ARE STRONGLY ENCOURAGED. IN ADDITION, THE EXECUTIVE DIRECTOR AND ASSOCIATE DIRECTOR DISCUSS THE ENTIRE DRAFT FORM WITH THE PREPARER IN DETAIL IN ADVANCE OF FILING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C IN ADDITION TO REQUIRING BOARD MEMBERS, STAFF AND REGULAR CONTRACTORS TO PROACTIVELY NOTIFY THE FULL BOARD OF ANY CONFLICTS, ANNUALLY ALL BOARD MEMBERS, STAFF, AND REGULAR CONTRACTORS MUST SIGN AN ANNUAL FORM WHICH A) AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE POLICY; B)READ AND UNDERSTOOD IT; C) AGREED TO COMPLY WITH THE POLICY; D) UNDERSTOOD THAT TREC IS A CHARITABLE ORGANIZATION AND MUST ENGAGE IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES; AND E) LIST ALL RELATIONSHIPS WITH TREC VENDORS, SERVICE RECIPIENTS, FUNDERS, EMPLOYEES AND CONTRACTORS. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS WITHOUT THE PRESENCE OF THE INTERESTED PARTY. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S ANNUAL SALARY, WITH NO PARTICIPATION BY THE EXECUTIVE DIRECTOR OROTHER INTERESTED PERSONS. THE EXECUTIVE DIRECTOR'S SALARY IS ESTABLISHED USING COMPARABLE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR NONPROFITS; CONSIDERATION OF ROLES AND RESPONSIBILITIES OF THE EXECUTIVE DIRECTOR; AND COST OF LIVING DATA. COMPARABLE MARKET DATA IS OBTAINED FROM SALARY SURVEYS AND FORM 990S FILED BY COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS. DISCUSSIONS AND DECISIONS REGARDING THE COMPENSATION ARE DOCUMENTED IN EXECUTIVE COMMITTEE MEETING MINUTES. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B A LINE ITEM BUDGET IS APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD APPROVES THE OVERALL SALARIES AND BENEFITS EXPENSES. DISCUSSIONS AND DECISIONS REGARDING THE BUDGET ARE DOCUMENTED IN BOARD MEETING MINUTES. THE EXECUTIVE DIRECTOR REVIEWS AND APPROVES THE SALARIES OF OTHER OFFICERS OR KEY EMPLOYEES, WITH NO PARTICIPATION BY THE INTERESTED PERSONS,IN ACCORDANCE WITH THE ANNUAL BUDGET APPROVED BY THE BOARD. THE EXECUTIVE DIRECTOR ESTABLISHES SALARIES USING COMPARABLE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR NONPROFITS; CONSIDERATION OF ROLES AND RESPONSIBILITIES OF THE OFFICER OR KEY EMPLOYEE; AND COST OF LIVING DATA. COMPARABLE MARKET DATA IS OBTAINED FROM SALARY SURVEYS AND FORM 990S FILED BY COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS. MARGARET SEIBEL IS LISTED AS AN OFFICER DUE TO FORM 990 DEFINITIONS AS THE SENIOR FINANCIAL STAFF PERSON; SHE IS NOT AN OFFICER UNDER STATE LAW. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 WE CONSIDER REQUESTS ON A CASE-BY-CASE BASIS. ADDITIONAL INFORMATION FORM 990, PART VII IN ORDER TO REDUCE THE VACATION PAYABLE LIABILITY, THE ORGANIZATION DID A ONE-TIME BUYOUT OF ACCUMULATED VACATION TIME TO TWO LONG-TERM EMPLOYEES, DYAN OLDENBURG AND MARGARET SEIBEL. VACATION HOURS WERE PAID OUT AT THE EMPLOYEE'S CURRENT SALARY LEVEL. ADDITIONAL INFORMATION FORM 990, PART XII FORM 990, PART XII, LINES 2A AND 2B: TREC OBTAINED INDEPENDENT AUDITED FINANCIAL STATEMENTS FOR THE YEARS OF 2007, 2008, AND 2010. THE FINANCIAL STATEMENTS WERE REVIEWED BY INDEPENDENT ACCOUNTANTS IN 2009 AND 2011. THERE WERE NO LOBBYING EXPENDITURES FOR 2009 AND 2010.