IMPACTISRAEL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- IMPACTISRAEL INC (EIN 22-3090463)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-31
- IRS object ID
- 201212139349300331
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-31T13:11:44-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522041603 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SQUIRE LEMKIN COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 ROCKVILLE PIKE SUITE 475 | AddressLine1 |
| City | ROCKVILLE | City |
| State | MD | State |
| ZIP Code | 20850 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223090463 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDS OF YEMIN ORDE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FRIE | NameControl |
| Phone | 2022370286 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12230 WILKINS AVE | AddressLine1 |
| City | ROCKVILLE | City |
| State | MD | State |
| ZIP Code | 20852 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAREN SALLERSON | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 2022370286 | Phone |
| Date Signed | 2012-07-23 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN SQUIRE | Name |
| PTIN | P00308177 | PTIN |
| Phone | 3014246800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KAREN SALLERSON | NameOfPrincipalOfficerPerson |
| Gross Receipts | 17290174 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.YEMINORDE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | FRIENDS OF YEMIN ORDE SUPPORTS THE PROGRAMS AND ACTIVITIES OF YEMIN ORDE YOUTH VILLAGE AND THE YEMIN ORDE EDUCATIONAL INITIATIVES IN ISRAEL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8 | TotalNbrEmployees |
| Total Nbr Volunteers | 29 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 14023041 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8197090 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 114108 | InvestmentIncomePriorYear |
| Investment Income Current Year | 681159 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 159634 | OtherRevenuePriorYear |
| Other Revenue Current Year | 38134 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14296783 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8916383 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8642705 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7287905 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 336804 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 441818 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 32375 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 544289 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 504154 | OtherExpensePriorYear |
| Other Expenses Current Year | 414458 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9516038 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8144181 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4780745 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 772202 | RevenuesLessExpensesCY |
| Total Assets BOY | 22639645 | TotalAssetsBOY |
| Total Assets EOY | 22523683 | TotalAssetsEOY |
| Total Liabilities BOY | 10929 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15952 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 22628716 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 22507731 | NetAssetsOrFundBalancesEOY |
| Mission Description | FRIENDS OF YEMIN ORDE SUPPORTS THE PROGRAMS AND ACTIVITIES OF YEMIN ORDE YOUTH VILLAGE AND THE YEMIN ORDE EDUCATIONAL INITIATIVES IN ISRAEL. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3349147 | Expense |
| Grants | 3349147 | Grants |
| Description | YEMIN ORDE YOUTH VILLAGE IS WIDELY RECOGNIZED AS THE FLAGSHIP OF RESIDENTIAL EDUCATION FOR AT-RISK YOUTH IN ISRAEL. IT IS A MODEL COMMUNITY ON 77 ACRES ON MOUNT CARMEL FOR 500 IMMIGRANT HOMELESS AND AT-RISK CHILDREN FROM 20 DIFFERENT COUNTRIES. YEMIN ORDE PIONEERED A UNIQUE PHILOSOPHY THAT CHERISHES DIVERSE CULTURES, CULTIVATES SELF-ESTEEM, AND DEVELOPS LEADERSHIP SKILLS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3938758 | Expense |
| Grants | 3938758 | Grants |
| Description | YEMIN ORDE EDUCATIONAL INITIATIVES FACILITATES THE IMPLEMENTATION OF THE EDUCATIONAL PHILOSOPHY AND METHODOLOGY MODELED AT YEMIN ORDE YOUTH VILLAGE TO TRANSFORM AND REJUVENATE OTHER VILLAGES FOR AT-RISK IMMIGRANT YOUTH THROUGHOUT ISRAEL. IN ADDITION, YEMIN ORDE EDUCATIONAL INITIATIVES SUPPORTS A LEADERSHIP TRAINING PROGRAM FOR AT-RISK IMMIGRANT YOUTH. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 39843 | Expense |
| Description | MISCELLANEOUS PROGRAMS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 7327748 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 8 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2022370286 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12230 WILKINS AVENUE | AddressLine1 |
| City | ROCKVILLE | City |
| State | MD | State |
| ZIP Code | 20852 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| CHARLES GWIRTSMAN | ||||||
| CAMPAIGN CHAIR | 4.00 | X | 0 | 0 | 0 | |
| MOREY H GOLDBERG | ||||||
| ENDOWMENT CHAIR | 2.00 | X | 0 | 0 | 0 | |
| MICHAEL AZEEZ | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| HARRIET BLANK | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MARK CLASTER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| DAVID CORDISH | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ALAN CORNELL | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BRETT GOLDBERG | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DONALD B CRAWFORD | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| VICTOR HAMMEL | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MARTY DAVIS | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JEFFREY HIRSCHFELD | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| FREDDY DEMANN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| BETH LANDMAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| ADAM FRIEMAN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| LARRY LEVY | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| VICTOR GELB | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| TODD PATKIN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| DR CHAIM PERI | ||||||
| BOARD MEMBER | 10.00 | X | 0 | 0 | 0 | |
| DR BERNARD POTTER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MARK I SOLOMON | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| DR STEVEN I ROSENFELD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MARION WIESEL | ||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | |
| NOREEN GORDON SABLOTSKY | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| MARCI ZELIKOW | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| ARTHUR SHEER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| LEWIS SHUBIN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL FRIEZE | ||||||
| CHAIR | 5.00 | 0 | 0 | 0 | X | |
| MICHAEL SALZHAUER | ||||||
| TREASURER | 4.00 | 0 | 0 | 0 | X | |
| KAREN SALLERSON | ||||||
| EXECUTIVE DIRECTOR | 50.00 | 162512 | 0 | 4088 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 162512 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 4088 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 10878 | FederatedCampaigns |
| All Other Contributions | 8186212 | AllOtherContributions |
| Noncash Contributions | 18309 | NoncashContributions |
| Total Contributions | 8197090 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 296488 | TotalRevenueColumn |
| Exclusion | $296,488 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8758462 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8373791 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 384671 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 384671 | TotalRevenueColumn |
| Exclusion | $384,671 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 38134 | TotalRevenueColumn |
| Exclusion | $38,134 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 38134 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8916383 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $719,293 | ExclusionAmount |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7287905 | Total |
| Program Services | 7287905 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 166600 | Total |
| Management And General | 33320 | ManagementAndGeneral |
| Fundraising | 133280 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107437 | Total |
| Management And General | 58026 | ManagementAndGeneral |
| Fundraising | 49411 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56215 | Total |
| Management And General | 18738 | ManagementAndGeneral |
| Fundraising | 37477 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111566 | Total |
| Management And General | 37189 | ManagementAndGeneral |
| Fundraising | 74377 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17208 | Total |
| Management And General | 5736 | ManagementAndGeneral |
| Fundraising | 11472 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68866 | Total |
| Management And General | 22955 | ManagementAndGeneral |
| Fundraising | 45911 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4485 | Total |
| Management And General | 1495 | ManagementAndGeneral |
| Fundraising | 2990 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84923 | Total |
| Management And General | 28308 | ManagementAndGeneral |
| Fundraising | 56615 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33564 | Total |
| Management And General | 11188 | ManagementAndGeneral |
| Fundraising | 22376 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29722 | Total |
| Management And General | 9907 | ManagementAndGeneral |
| Fundraising | 19815 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47600 | Total |
| Management And General | 15867 | ManagementAndGeneral |
| Fundraising | 31733 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10625 | Total |
| Management And General | 3542 | ManagementAndGeneral |
| Fundraising | 7083 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4761 | Total |
| Management And General | 1587 | ManagementAndGeneral |
| Fundraising | 3174 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER PROJECTS | 39843 | 39843 | ||
| CHAIM BOOK | 29446 | 9815 | 19631 | |
| REGIONAL DEVELOPMENT | 23351 | 7784 | 15567 | |
| SPECIAL EVENTS/PROGRAM | 9158 | 3053 | 6105 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10906 | Total |
| Management And General | 3634 | ManagementAndGeneral |
| Fundraising | 7272 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8144181 | Total |
| Program Services | 7327748 | ProgramServices |
| Management And General | 272144 | ManagementAndGeneral |
| Fundraising | 544289 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4259162 | BOY |
| EOY | 5680504 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7646854 | BOY |
| EOY | 6471041 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6261 | BOY |
| EOY | 14013 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 567456 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 45902 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 532179 | BOY |
| EOY | 521554 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10192843 | BOY |
| EOY | 9834225 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2346 | BOY |
| EOY | 2346 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22639645 | BOY |
| EOY | 22523683 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10929 | BOY |
| EOY | 15952 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10929 | BOY |
| EOY | 15952 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10747274 | BOY |
| EOY | 9555472 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10575662 | BOY |
| EOY | 7646479 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1305780 | BOY |
| EOY | 5305780 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22628716 | BOY |
| EOY | 22507731 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22639645 | BOY |
| EOY | 22523683 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 772202 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -893187 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8071421 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4999850 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6559486 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 14023041 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8197090 | CurrentTaxYear |
| Total | 41850888 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8071421 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4999850 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6559486 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 14023041 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8197090 | CurrentTaxYear |
| Total | 41850888 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2104084 | AmountsSubstContributorsTotal |
| Public Support Total170 | 39746804 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 818934 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 277421 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 421768 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 114108 | CurrentTaxYearMinus1Year |
| Current Tax Year | 681159 | CurrentTaxYear |
| Total | 2313390 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6795 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1702 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1263 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8097 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38134 | CurrentTaxYear |
| Total | 55991 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 44220269 | TotalSupport |
| Public Support Pertcentage170 | 0.89880 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.78310 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10459714 | BeginningOfYearBalance |
| Contributions | 125967 | Contributions |
| Investment Earnings Or Losses | -399814 | InvestmentEarningsOrLosses |
| Other Expenditures | -340430 | OtherExpenditures |
| End Of Year Balance | 9845437 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9355510 | BeginningOfYearBalance |
| Contributions | 378971 | Contributions |
| Investment Earnings Or Losses | 814018 | InvestmentEarningsOrLosses |
| Other Expenditures | 88785 | OtherExpenditures |
| End Of Year Balance | 10459714 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7752261 | BeginningOfYearBalance |
| Contributions | 395731 | Contributions |
| Investment Earnings Or Losses | 1419770 | InvestmentEarningsOrLosses |
| Other Expenditures | 212252 | OtherExpenditures |
| End Of Year Balance | 9355510 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9812714 | BeginningOfYearBalance |
| Contributions | 20980 | Contributions |
| Investment Earnings Or Losses | -2081433 | InvestmentEarningsOrLosses |
| End Of Year Balance | 7752261 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 132800 | OtherCostOrOtherBasis |
| Book Value | 132800 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 425000 | OtherCostOrOtherBasis |
| Depreciation | 37178 | Depreciation |
| Book Value | 387822 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9656 | OtherCostOrOtherBasis |
| Depreciation | 8724 | Depreciation |
| Book Value | 932 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 521554 | TotalOfBookValueLandBuildings |
| Total Revenue | 8916383 | TotalRevenue |
| Total Expenses | 8144181 | TotalExpenses |
| Excess Or Deficit For Year | 772202 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -948019 | NetUnrealizedGLOnInvestments |
| Other | $54,832 | OtherAmount |
| Total Adjustments | -893187 | TotalAdjustments |
| Excess Or Deficit Per FS | -120985 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7968364 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -948019 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -948019 | RevenueNotRptdF990 |
| Revenue Subtotal | 8916383 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8916383 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8144181 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8144181 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8144181 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ENDOWMENT OPERATES FOR THE PURPOSE OF MEETING THE LONG-TERM NEEDS OF FRIENDS OF YEMIN ORDE TO CARRY OUT ITS CHARITABLE PURPOSES. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | DE-OBLIGATED AWARDS AND ALLOWANCES 54,832. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | MIDDLE EAST AND NORTH AFRICA | Region |
| Type Of Activities Conducted | GRANTS TO RECIPIENTS LOCATED IN THE REGION | TypeOfActivitiesConducted |
| Total Expenditures | 7287905 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 7287905 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 7287905 | TotalAmountSpent |
| No Recipient Over5 K | X | NoRecipientOver5K |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (2 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|
| MIDDLE EAST AND NORTH AFRICA | SUPPORT THE PROGRAMS AND ACTIVITIES OF YEMIN ORDE YOUTH VILLAGE | 3349147 | WIRE |
| MIDDLE EAST AND NORTH AFRICA | SUPPORT THE PROGRAMS AND ACTIVITIES OF YEMIN ORDE EDUC. INITIATIVE. | 3938758 | WIRE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 2 | TotalNumberOf501c3Orgs |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD USED TO ACCCOUNT FOR EXPENDITURES: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 3: GRANT FUNDS ARE MONITORED BY A REVIEW OF SELECTED EXPENSE RECEIPTS DURING ANNUAL SITE VISITS. THE GRANTEE SENDS BUDGET TO ACTUAL REPORTS THAT INCLUDE LINE ITEM DETAILS AND COPIES OF RECEIPTS. THE ORGANIZATION RECEIVES PERIODIC REPORTS DESCRIBING THE PROGRESS AND ACHIEVMENTS MADE BY THE GRANTEE WITH BENCHMARKS THAT EVALUATE THE SUCCESS AND CHALLENGES OF THE PROGRAMS MANAGED BY THE GRANTEE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KAREN SALLERSON | NamePerson |
| Base Compensation Filing Org | 148333 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 14179 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 4088 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 166600 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 3 | ReturnReference |
| Explanation | THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE WHICH INCLUDES THE CHAIR OF THE BOARD, CHAIR EMERITUS, NOMINATIONS AND GOVERNANCE CHAIR. THE COMMITTEE CANVASSED OTHER COMPARABLE ORGANIZATIONS TO DETERMINE APPROPRIATE SALARY. RESEARCH IS ALSO DONE WITH AN EXECUTIVE RECRUITER TO DETERMINE APPROPRIATE COMPENSATION PACKAGE. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD MEMBERS MARK SOLOMON AND MOREY GOLDBERG ARE BUSINESS PARTNERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE TREASURER. THE FORM WAS THEN SUBMITTED TO THE BOARD PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | (A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE LEAVES THE MEETING DURING THE DISCUSSION ON, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. (B) THE CHAIRPERSON OF THE BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. (C) AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE DETERMINES WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. (D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER IT IS FAIR AND REASONABLE TO THE CORPORATION AND MAKES ITS DECISIONS AS WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY: IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEFE AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS, IN FACT, FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE, WHICH INCLUDES THE CHAIR OF THE BOARD, CHAIR EMERITUS, AND THE CHAIR OF THE NOMINATIONS AND GOVERNANCE COMMITTEE. RESEARCH IS DONE WITH AN EXECUTIVE RECRUITER TO DETERMINE APPROPRIATE COMPENSATION. THIS PROCESS INCLUDES THE USE OF COMPARABILITY DATA AND IS DOCUMENTED. THE LAST REVIEW TOOK PLACE IN OCTOBER 2011. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -948,019. DE-OBLIGATED AWARDS AND ALLOWANCES 54,832. TOTAL TO FORM 990, PART XI, LINE 5: -893,187. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Comments