2012-08-14T17:42:41-05:00 2011-12-31 341884125 CBIZ MHM LLC 3101 N CENTRAL AVE STE 300 PHOENIX AZ 85012 990 2011-01-01 860707697 DONOR NETWORK OF ARIZONA DONO 6022222200 201 WEST COOLIDGE PHOENIX AZ 85013 KATHY MILLS CFO 6022222200 2012-08-15 1 AMY A O'LOUGHLIN P00869687 6022646835 2011 2016-02-24 21:20:13Z TIM BROWN 201 W COOLIDGE PHOENIX AZ 85013 37309906 0 X WWW.DNAZ.ORG X 1992 AZ TO MAKE THE MOST OF LIFE THROUGH THE GIFT OF ORGAN AND TISSUE... [CONTINUED ON SCHEDULE O] [CONTINUED] ...DONATION AND TO CHALLANGE OURSELVES AND OTHERS EVERYDAY TO REALIZE ARIZONA'S POTENTIAL TO SAVE AND IMPROVE LIVES. 9 5 198 643 0 0 324208 145945 31125261 36728827 189306 256209 0 2656 31638775 37133637 1500 1150 0 0 12026876 12880751 0 0 0 16605119 18901927 28633495 31783828 3005280 5349809 20350996 24705628 5448230 4641146 14902766 20064482 X TO MAKE THE MOST OF LIFE THROUGH THE GIFT OF ORGAN AND TISSUE DONATION AND TO CHALLANGE OURSELVES AND OTHERS EVERYDAY TO REALIZE ARIZONA'S POTENTIAL TO SAVE AND IMPROVE LIVES. 0 0 17095947 21585120 ORGAN RECOVERY & PLACEMENT SERVICES - DONOR NETWORK OF ARIZONA MAXIMIZED THE AVAILABILITY OF HIGH QUALITY ORGANS AND TISSUES FOR TRANSPLANT AND RESEARCH BY PROVIDING SERVICES THAT ARE OF EXPRESSED VALUE TO DONORS, RECIPIENTS, DONOR FAMILIES, DONOR HOSPITALS, AND TRANSPLANT HOSPITALS. DNA FACILITATED THE DONATION AND RECOVERY OF 550 ORGANS OF WHICH 520 WERE TRANSPLANTED, BOTH RECORD NUMBERS FOR THE ORGANIZATION. THESE ORGANS WERE RECOVERED FROM 169 ORGAN DONORS, ALSO A RECORD. 269 PEOPLE RECEIVED TRANSPLANTABLE KIDNEYS, 12 PEOPLE RECEIVED KIDNEYS EN BLOC, 41 PEOPLE RECEIVED TRANSPLANTABLE HEARTS, 131 PEOPLE RECEIVED TRANSPLANTABLE LIVERS, 29 PEOPLE RECEIVED TRANSPLANTABLE PANCREATA, 5 PEOPLE RECEIVED TRANSPLANTABLE LUNGS, 32 PEOPLE RECEIVED TRANSPLANTABLE... [CONTINUED ON SCHEDULE O] [CONTINUED]...LUNGS EN BLOC, AND 1 PERSON RECEIVED A TRANSPLANTABLE SMALL INTESTINE. THE ORGANIZATION FACILITATED THE IMPORTATION OF 182 TRANSPLANTABLE ORGANS FROM OTHER GEOGRAPHICAL AREAS. 5053653 9953955 TISSUE & OCULAR RECOVERY & PLACEMENT SERVICES - THE ORGANIZATION ALSO FACILITATED THE DONATION AND RECOVERY OF VARIOUS TISSUES FOR TRANSPLANT PURPOSES.647 PEOPLE DONATED BONE FOR ORTHOPEDIC PURPOSES, A RECORD NUMBER AND OVER 100 MORE BONE DONORS THAN IN THE PREVIOUS YEAR. 164 PEOPLE DONATED HEART VALVES, 264 SAPHENOUS VEINS WERE DONATED, 98 PEOPLE DONATED PERICARDIUM, AND 1,094 DONATED SKIN FOR BURN VICTIMS, WHICH WAS A RECORD FOR SKIN RECOVERIES BY DONOR NETWORK OF ARIZONA, BREAKING THE PREVIOUS YEAR'S RECORD BY MORE THAN 400. IN ADDITION, 983 PEOPLE DONATED... [CONTINUED ON SCHEDULE O] [CONTINUED] ...CORNEAS THAT RESULTED IN 1,219 CORNEAL TRANSPLANTS, OF WHICH 201 OF THESE WERE PROVIDED GRATIS FOR THOSE WHO COULD NOT AFFORD A TRANSPLANT OTHERWISE. THESE DONORS ALSO DONATED SCLERA FOR TRANSPLANTATION PURPOSES. 3956924 5189752 HLA LABORATORY SERVICES - THE ORGANIZATION'S HISTOCOMPATIBILITY LABORATORY PERFORMED 17,360 TESTS, ALMOST ALL OF WHICH WERE FOR THE PURPOSE OF MATCHING DONORS AND RECIPIENTS FOR KIDNEY PLACEMENT. 2821220 1150 HOSPITAL DONOR PROGRAM DEVELOPMENT:THE HOSPITAL DONOR PROGRAM DEVELOPMENT DEPARTMENT IS RESPONSIBLE FOR MAXIMIZING THE TOTAL NUMBER OF DONORS RECOVERED FOR TRANSPLANT IN ARIZONA THROUGH THE IMPLEMENTATION OF INDIVIDUALIZED DONOR PROGRAMS BASED ON COMPREHENSIVE HOSPITAL ASSESSMENT, ANALYSIS OF THE DONOR POTENTIAL IN ARIZONA, THE IMPLEMENTATION OF ONGOING QUALITY PROCESS IMPROVEMENT AND INITIATION AND FOSTERING OF EFFECTIVE RELATIONSHIPS WITHIN THE PROFESSIONAL COMMUNITY.CURRENTLY THIS DEPARTMENT HAS 13 FULL-TIME COORDINATORS AND ONE MANAGER WHO, IN ADDITION TO THE DIRECTOR, PROVIDE EDUCATION AND SERVICES TO OVER 120 HOSPITALS THROUGHOUT ARIZONA. IN ADDITION THE DEPARTMENT HAS ONE DATA COORDINATOR WHO IS RESPONSIBLE FOR MEDICAL RECORD REVIEW AND OTHER QUALITY MONITORS FOR THE DEPARTMENT AND A PROFESSIONAL EDUCATION COORDINATOR WHO IS RESPONSIBLE FOR INTERNAL AND EXTERNAL TRAINING. DONOR NETWORK OF ARIZONA CONTINUES TO UTILIZE THE BEST PRACTICES AS DEFINED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES' BREAKTHROUGH COLLABORATIVES FOR ORGAN DONATION AND TRANSPLANTATION. THIS INCLUDES ACTIVE PARTICIPATION IN REGIONAL AND NATIONAL IMPROVEMENT EFFORTS. THESE EFFORTS CONTINUE TO HELP US MAXIMIZE CONVERSION RATES, DONORS AND THE NUMBER OF ORGANS TRANSPLANTED PER DONOR IN ARIZONA. DONOR NETWORK OF ARIZONA CONTINUES TO WORK WITH THE ARIZONA HOSPITAL AND HEALTHCARE ASSOCIATION TO SPREAD THE COLLABORATIVE METHODOLOGIES AND IMPROVEMENTS TO ALL ARIZONA HOSPITALS. THROUGH THIS EFFORT DONOR NETWORK OF ARIZONA HELD CHAMPION TRAINING EVENTS AT SEVERAL ARIZONA AS WELL AS A MONTHLY WEBINAR EDUCATION SERIES.DNA CONTINUED IMPLEMENTATION OF OUR IN-HOUSE COORDINATOR IN TWO OF OUR SEVEN LEVEL 1 TRAUMA CENTERS. THE IN-HOUSE COORDINATOR IS BASED UPON A BEST PRACTICE AS IDENTIFIED THROUGH THE BREAKTHROUGH COLLABORATIVE. WHILE THESE COORDINATORS ARE ORGAN RECOVERY STAFF AND RESPOND TO ORGAN DONATION REFERRALS, THEY ALSO ACT AS THE DONOR PROGRAM COORDINATORS FOR THEIR ASSIGNED HOSPITALS.THE HOSPITAL DONOR PROGRAM DEVELOPMENT DEPARTMENT CONDUCTS 400 - 600 PROFESSIONAL EDUCATION OFFERINGS EACH YEAR AND HAS PROVIDED DESIGNATED REQUESTOR TRAINING TO OVER 4,000 HEALTHCARE WORKERS THROUGHOUT THE STATE. IN ADDITION, THE HOSPITAL DONOR PROGRAM DEVELOPMENT STAFF AT DONOR NETWORK OF ARIZONA COORDINATES SPECIAL EDUCATION EVENTS AND PROJECTS AND DEVELOPS AND MAINTAINS EDUCATIONAL MATERIALS.COMMUNITY DEVELOPMENT / PUBLIC RELATIONS:THE FOCUS OF OUR COMMUNITY DEVELOPMENT / PUBLIC RELATIONS DEPARTMENT IS TO INCREASE ORGAN AND TISSUE DONOR REGISTRATION IN ARIZONA BY CREATING AND EXPANDING PUBLIC OUTREACH PROGRAMS, DISTRIBUTING INFORMATION AND DEVELOPING AND EXPANDING COMMUNITY PARTNERSHIPS.SOME KEY PUBLIC EDUCATION HIGHLIGHTS FOR 2011 INCLUDED:- MORE THAN 200,000 PEOPLE REGISTERED THEIR DECISION TO BE A DONOR ON THE DONATELIFE AZ REGISTRY.- DNA CONTINUED THE LIVE IT, GIVE IT, CHECK IT CAMPAIGN WITH THE ARIZONA DEPARTMENT OF TRANSPORTATION INCLUDING PROMOTIONAL MATERIALS AT ALL OFFICES, NEWSLETTER ARTICLES, WEB PROMOTION AND MORE.- VOLUNTEERS CONTRIBUTED OVER 4,000 HOURS OF THEIR TIME FOR OUTREACH EFFORTS AND OUR INTERNAL PROJECTS.- THERE WERE MORE THAN 250 STORIES IN ARIZONA THAT INCLUDED THE DONOR NETWORK OF ARIZONA WEBSITE AND / OR PHONE NUMBER.- DONOR NETWORK OF ARIZONA ALSO INCREASED OUR PRESENCE IN SOCIAL MEDIA AND ENDED THE YEAR WITH 5,305 LIKES ON OUR FACEBOOK PAGE, 974 FOLLOWERS ON TWITTER AND 3,324 VIEWS OF OUR YOUTUBE VIDEOS.- ROXANNA GREEN RODE ON THE 2012 ROSE PARADE FLOAT ON JANUARY 2, AS SPONSORED BY DONOR NETWORK OF ARIZONA. A PICTURE OF HER DAUGHTER, CHRISTINA-TAYLOR GREEN, A DONOR IN 2011 WAS FEATURED IN FLOROGRAPH ON THE FLOAT.- MORE THAN 250 PUBLIC SPEAKING ENGAGEMENTS AND EVENTS. - CONTINUED TO USE MULTIPLE PORTALS TO ALLOW ARIZONANS TO REGISTER INCLUDING KIOSKS, FORMS, AND MAIL.- ARIZONA HOSPITALS ADDED OVER 5,000 PEOPLE TO THE ARIZONA DONOR REGISTRY IN THE FIRST ANNUAL HOSPITAL DONOR REGISTRY CHALLENGE.- UNIVERSITY OF ARIZONA WON THE DONATE LIFE CAMPUS CHALLENGE IN A COMPETITION DURING APRIL TO INCREASE DONATION ON COLLEGE CAMPUSES IN AZ. - WAS AWARDED A $1+MILLION DOLLAR GRANT FROM U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES TO REACH OUT TO THE HISPANIC COMMUNITY VIA CONSULATE OFFICES IN ARIZONA AND NEW MEXICO. 2821220 1150 28927744 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 103 0 1 198 1 0 0 0 0 0 0 0 0 0 0 X 9 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X KATHY MILLS 6022222200 201 W COOLIDGE PHOENIX AZ 85013 PHILLIP KEEN MD 2.00 X 30000 0 0 ROBERT GROSS MD 2.00 X 30000 0 0 LAWRENCE J KOEP MD 1.00 X X 0 0 0 KAREN MLAWSKY 0.30 X 0 0 0 JOHN PETERS 0.30 X 0 0 0 SCOTT PETERSEN MD 0.30 X 0 0 0 GLENNA SHAPIRO 0.30 X 0 0 0 LAURIE WILSHUSEN 0.30 X 0 0 0 JOSEPH ZAMRAMSKI MD 0.30 X X 0 0 0 TIMOTHY BROWN 40.00 X X 323141 0 49882 KATHERINE MILLS 32.00 X 152756 0 37361 JOHN DANILOVS 30.00 X 199606 0 0 PATRICK J GERAGHTY 40.00 X 146521 0 35904 ALAN TAYLOR 40.00 X 138713 0 27409 JENNIFER MURIETT 40.00 X 131628 0 23213 SARA PACE JONES 40.00 X 131539 0 34370 MAUREEN HANSON 36.00 X 120290 0 19415 1404194 0 227554 13 0 1 0 CREATIVE TESTING SOLUTIONS PO BOX 29871 PHOENIX AZ 85038 LAB TESTING 352191 CLINICAL CONSULTING ASSOCIATES 1131 DOUBLE CHESTNUT CT CURTIS BAY MD 21226 ORGAN RECOVERY 181775 LEWIS & ROCA 40 N CENTRAL AVE PHOENIX AZ 85004 LEGAL SERVICES 143311 3 124915 21030 145945 ORGAN PLACEMENT 900099 21585120 21585120 TISSUE PLACEMENT 900099 7367653 7367653 TISSUE TYPING 900099 5189752 5189752 OCULAR PLACEMENT 900099 2586302 2586302 36728827 248753 248753 163125 20600 171894 4375 -8769 16225 7456 7456 OTHER REVENUE 900099 2656 2656 2656 37133637 36728827 0 258865 1150 1150 822746 625287 197459 8494256 7561685 932571 542899 445935 96964 2329324 1921067 408257 691526 613298 78228 331972 293082 38890 141811 141811 87809 87809 26250 26250 63630 63630 134849 121962 12887 297459 223094 74365 152550 152550 108744 108725 19 214526 201733 12793 10042 10042 649694 519755 129939 284312 284312 ORGAN/TISSUE/OCULAR REC 13401003 13401003 HLA LAB EXPENSES 1569175 1569175 UTILITIES & R&M 637693 541131 96562 PROFESSIONAL/PUBLIC ED 367624 367624 422784 195858 226926 31783828 28927744 2856084 0 28288 46078 5359591 5390846 86814 78563 5367636 6457909 352873 193383 399037 334691 8726387 4438871 4212065 4287516 4295499 7761076 229162 135535 20031 20031 20350996 24705628 4557497 4082973 462069 143358 428664 414815 5448230 4641146 X 14902766 20064482 14902766 20064482 20350996 24705628 X 5349809 -188093 X 0 1 1 X 0 X 299986 477730 392123 324208 145945 1639992 23661206 26595679 28122189 31125261 36728827 146233162 23961192 27073409 28514312 31449469 36874772 147873154 0 0 0 147873154 173064 54629 24650 142801 248753 643897 173064 54629 24650 142801 248753 643897 2656 2656 24134256 27128038 28538962 31592270 37126181 148519707 0.99560 0.99590 0.00430 0.00410 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 733587 733587 3559263 1512596 2046667 539835 403464 136371 3893702 2522811 1370891 4287516 DEFERRED COMPENSATION 341807 DEFERRED RENT 73008 414815 37133637 31783828 5349809 -188093 -188093 5161716 36945544 -188093 -188093 37133637 0 37133637 31783828 0 31783828 0 31783828 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: DNA EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. X X X X X X 0 0 0 0 0 1 0 0 0 TIMOTHY BROWN 293494 0 22159 0 7488 0 28922 0 20960 0 373023 0 0 0 KATHERINE MILLS 140504 0 10662 0 1590 0 16161 0 21200 0 190117 0 0 0 JOHN DANILOVS 199606 0 0 0 0 0 0 0 0 0 199606 0 0 0 PATRICK J GERAGHTY 135225 0 9496 0 1800 0 15535 0 20369 0 182425 0 0 0 ALAN TAYLOR 127722 0 9386 0 1605 0 14178 0 13231 0 166122 0 0 0 JENNIFER MURIETT 122929 0 6734 0 1965 0 8058 0 15155 0 154841 0 0 0 SARA PACE JONES 120637 0 9322 0 1580 0 13911 0 20459 0 165909 0 0 0 SUPPLEMENTAL INFORMATION PART III FORM 990, SCHEDULE J, PART I, LINE 6A BONUS PAYMENTS ARE MADE TO ALL EMPLOYEES BASED ON MEETING ORGANIZATIONAL GOALS, HOWEVER, BONUSES FOR ALL EMPLOYEES ARE SUBJECT TO THE ORGANIZATION ACHIEVING 90% OF BUDGETED NET INCOME FOR THE YEAR, UNLESS OTHERWISE VOTED UPON BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND, UPON COMPLETION, A DRAFT IS EMAILED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT. AFTER THEIR REVIEW IS COMPLETE, THE FIRM IS PROVIDED WITH ANY COMMENTS OR CHANGES AND/OR INSTRUCTED TO FILE THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE DNA BOARD OF DIRECTORS WILL BE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT UPON AFFILIATION WITH DNA OR HIRING AND TO UPDATE THE STATEMENT AT LEAST ANNUALLY. THE CHIEF EXECUTIVE DIRECTOR SHALL PREPARE A REPORT FOR THE DNA BOARD OF DIRECTORS' ANNUAL MEETING LISTING ALL TRANSACTIONS BETWEEN DNA AND DNA BOARD OF DIRECTORS. THE REPORT WILL INCLUDE: - A DESCRIPTION OF THE TRANSACTION AND ITS DATE. - THE AMOUNT OF THE TRANSACTION AND ITS IMPACT ON DNA. - THE NAME OF THE DNA BOARD OF DIRECTOR MEMBER INVOLVED AND THE NAME OF THE OTHER ENTITY, IF ANY, AND A DESCRIPTION OF THE NATURE OF THE DNA BOARD OF DIRECTOR'S INTEREST IN THE TRANSACTION. IF A CONFLICT OF INTEREST CANNOT BE AVOIDED, THE BOARD MEMBER WHO HAS A CONFLICT OF INTEREST SHALL NOT VOTE ON, PARTICIPATE IN OR ATTEMPT TO INFLUENCE ANY DNA DECISION AFFECTED BY THE CONFLICT OF INTEREST, EXCEPT TO PROVIDE INFORMATION AS SPECIFICALLY REQUESTED BY DECIDING COMMITTEE OR BODY. FORM 990, PART VI, SECTION B, LINE 15 PROCEDURE: COMPENSATION PHILOSOPHY AND STRATEGY THE OBJECTIVES OF DNA'S EXECUTIVE COMPENSATION PROGRAM ARE TO PROVIDE A COMPETITIVE EXECUTIVE TOTAL COMPENSATION PROGRAM COMPARED TO OTHER ORGANIZATIONS OF SIMILAR SIZE AND TYPE, PARTICULARLY HEALTHCARE ORGANIZATIONS. DNA'S PHILOSOPHY IS TO: STRONGLY LINK PAY WITH PERFORMANCE. RETAIN THE TALENTED SENIOR MANAGEMENT TEAM AND SHOW THAT DNA VALUES THEM. ENSURE REASONABLE COMPENSATION AS COMPARED TO PEERS. IT IS THE COMMITTEE'S INTENT TO USE PEER DATA FROM SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS UNDER SIMILAR CIRCUMSTANCES. POSITION BASE SALARY COMPETITIVELY AT LEAST AT THE MEDIAN LABOR MARKET AS COMPARED TO PEERS. ENSURE THAT DNA'S TOTAL COMPENSATION, INCLUDING TOTAL CASH COMPENSATION AND EMPLOYEE AND EXECUTIVE BENEFITS, IS POSITIONED AT COMPETITIVE PRACTICE OVERALL WHEN DNA MEETS ITS KEY GOALS. - DNA PROVIDES AN EXECUTIVE COMPENSATION PROGRAM THAT INTEGRATES ALL ELEMENTS OF COMPENSATION AND BENEFITS. - BASE SALARY IS MARKET-BASED AND REFLECTS AN INDIVIDUAL'S PERFORMANCE. ANNUALLY AN INDIVIDUAL'S PERFORMANCE IS EVALUATED RELATIVE TO THEIR POSITION ACCOUNTABILITIES AND PERFORMANCE CRITERIA AS WELL AS ORGANIZATIONAL ACCOUNTABILITIES. - THE ORGANIZATIONAL INCENTIVE PLAN, DNA'S ANNUAL INCENTIVE, REWARDS ACHIEVEMENT ON KEY ORGANIZATIONAL GOALS THAT REPRESENT SUCCESS MEASURES FOR ORGAN PROCUREMENT, EYE AND TISSUE ORGANIZATIONS. INCENTIVE GOALS STRONGLY ALIGN WITH DNA'S MISSION. THE PLAN REWARDS ORGANIZATION-WIDE PERFORMANCE TO REINFORCE TEAMWORK. A THRESHOLD OF FINANCIAL PERFORMANCE IS NECESSARY FOR THE PLAN TO BE AFFORDABLE. PROCEDURE: COMPENSATION COMMITTEE RESPONSIBILITIES AND DUTIES THE COMPENSATION COMMITTEE WILL MEET REGULARLY AS SCHEDULED IN CONJUNCTION WITH BOARD MEETINGS. THE COMPENSATION COMMITTEE WILL BE RESPONSIBLE TO CONTRACT AN OUTSIDE CONSULTANT TO REVIEW AND TREND CURRENT MARKET DATA AND TOTAL EXECUTIVE COMPENSATION TO ENSURE EXECUTIVES ARE REASONABLY COMPENSATED. THIS WILL BE DONE AT A MINIMUM OF TWO TO THREE YEARS OR AS NEEDED. THE COMMITTEE WILL OVERSEE AND SUPERVISE THE CONSULTANT'S WORK PRODUCT. ALL COMPENSATION AGREEMENTS AND DECISIONS MADE BY THE COMMITTEE WILL BE MADE INDEPENDENTLY AND WITH DUE DILIGENCE. ALL COMPENSATION AGREEMENTS AND DECISIONS WILL BE THOROUGHLY DOCUMENTED IN THE FINANCE/COMPENSATION COMMITTEE MINUTES OR THE EXECUTIVE SESSION BOARD MINUTES AS APPROPRIATE. GUIDELINES FOR DOCUMENTATION ARE AS FOLLOWS AND WILL INCLUDE: - IDENTIFICATION OF ATTENDEES - VERIFICATION AND STATEMENT THAT NO MEMBER HAS A CONFLICT OF INTEREST. - DOCUMENTATION THAT THOSE WHO HAVE A CONFLICT WILL BE EXCUSED. - IDENTIFICATION OF SOURCE AND COLLECTION OF COMPENSATION DATA DETAILED DOCUMENTATION OF THE TERMS OF THE COMPENSATION BEING APPROVED IF COMPENSATION VALUE DIFFERS FROM COMPARABILITY DATA, THE BASIS FOR DETERMINATION WILL BE STATED. WITH EACH DECISION REGARDING EXECUTIVE COMPENSATION, THE COMMITTEE WILL BE RESPONSIBLE TO ESTABLISH A "REBUTTABLE PRESUMPTION OF REASONABLENESS". IN DOING SO, THE COMMITTEE WILL: - ENSURE PARTICIPANTS ARE INDEPENDENT - MAKE DECISIONS BASED ON APPROPRIATE COMPARABILITY DATA. - ENSURE MINUTES REFLECT A WRITTEN RECORD OF THE COMMITTEE'S WORK. THE COMPENSATION COMMITTEE WILL REPORT ALL DECISIONS REGARDING EXECUTIVE COMPENSATION TO THE FULL BOARD. THE CEO'S REVIEW WAS PERFORMED IN JANUARY 2011 AND THE OTHER OFFICERS REVIEWS WERE PERFORMED IN 2010. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -188,093.