2012-10-15T13:43:43-05:00 2012-03-31 133050313 SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK NY 100161901 990 2011-04-01 135618593 CITIZENS COMMITTEE FOR CHILDREN OF NY INC CITI 2126731800 105 EAST 22ND STREET NEW YORK NY 10010 JENNIFER MARCH-JOLY 2126731800 2012-10-09 1 GARY D LACHER P00192831 2126826640 2012-10-02 2011 2016-02-24 21:20:13Z JENNIFER MARCH-JOLY 105 EAST 22ND STREET NEW YORK NY 10010 3232637 0 X WWW.CCCNEWYORK.ORG X 1944 NY THE ORGANIZATION'S MISSION IS TO IMPROVE THE LIVES OF CHILDREN IN NEW YORK CITY. 46 46 18 287 0 0 2115709 2269217 57622 165905 53631 58437 -96999 -47208 2129963 2446351 0 0 0 0 1456402 1499806 3100 0 267221 579846 612209 2039348 2112015 90615 334336 2659980 2828988 964333 825364 1695647 2003624 X SECURING EVERY CHILD'S BIRTHRIGHT TO BE HEALTHY, HOUSED, EDUCATED AND SAFE. - WE ACHIEVE THESE GOALS THROUGH FACT-FINDING, COMMUNITY EDUCATION, AND ADVOCACY ACTIVITIES AIM TO ENSURE THAT POLICIES AND PROGRAMS ARE ESTABLISHED AND GOVERNMENT INVESTMENTS ARE MADE IN WAYS THAT IMPROVE THE ECONOMIC, DEVELOPMENTAL, AND RESIDENTIAL SECURITY OF NYC CHILDREN. 0 0 243190 148005 GOVERNMENT RELATIONS:STATE BUDGET: CCC MET YEAR ROUND WITH ELECTED AND APPOINTED OFFICIALS IN ALBANY. THE STATE ADOPTED BUDGET INCLUDES SEVERAL OF CCC POLICY AND BUDGETARY PRIORITIES INCLUDING THE CLOSE TO HOME INITIATIVE WHICH TURNS AUTHORITY FOR JUVENILE DELINQUENTS, CURRENTLY IN STATE NON-SECURE AND LIMITED SECURE PLACEMENT FACILITIES, OVER TO NEW YORK CITY. THIS INITIATIVE WILL ENSURE THAT NYC YOUTH WILL BE SERVED IN THE HOME COMMUNITY AND BENEFIT FROM INCREASED CONTACT WITH THEIR FAMILY MEMBERS, ATTORNEYS; HAVE IMPROVED ACCESS TO THERAPEUTIC SERVICES AND BENEFIT FROM HAVING SCHOOL CREDITS TRANSFER UPON RELEASE. THE STATE ADOPTED BUDGET ALSO REJECTS HARMFUL REFORMS OF THE EARLY INTERVENTION PROGRAM, INCREASES STATE SUPPORT FOR EARLY CHILDHOOD EDUCATION, AND PROTECTS STATUTORY REIMBURSEMENT FOR CHILD WELFARE PROGRAMS. FINALLY, THE GOVERNOR ELIMINATED THE FINGER IMAGING OF FOOD STAMP RECIPIENTS. CCC HAS LONG ADVOCATED TO END THIS HARMFUL PRACTICE AND CARRIED THIS PRIORITY IN OUR STATE ADVOCACY, IN PRESS EVENTS AND MEDIA WORK.CITY BUDGET: CCC MET YEAR ROUND WITH CITY ELECTED AND APPOINTED OFFICIALS. OUR VOLUNTEERS JOINED STAFF IN TARGETED MEETINGS WITH LOCAL ELECTED OFFICIALS THROUGHOUT THE BUDGET NEGOTIATION PROCESS HIGHLIGHTING OUR SUPPORT FOR $150 MILLION IN RESTORATIONS TO CHILD CARE AND AFTER SCHOOL PROGRAMS AS WELL AS OTHER CORE PRIORITIES INCLUDING: RESOURCES FOR CHILDREN'S MENTAL HEALTH, RUNAWAY HOMELESS YOUTH, ANTI-EVICTION LEGAL SERVICES AND HOMELESSNESS PREVENTION, CHILD HEALTH CLINICS, ASTHMA CONTROL, INFANT MORTALITY INITIATIVES, EMERGENCY FEEDING PROGRAMS AND FOOD STAMPS AT FARMERS MARKETS. VIRAL ADVOCACY: CCC ACTIVATED 7 ONLINE ADVOCACY CAMPAIGNS (TOPICS INCLUDED: RUNAWAY AND HOMELESS YOUTH, MENTAL HEALTH SERVICES, THE CLOSE TO HOME INITIATIVE, CHILD CARE AND AFTERSCHOOL AMONG OTHERS). PERMITTING NEW YORKERS TO REACH ELECTED AND APPOINTED OFFICIALS AT THE SIMPLY CLICK OF A MOUSE. 282455 INFORMATION AND EDUCATION: CCC'S COMMUNITY EDUCATION VEHICLES HELP TO EDUCATE, ENGAGE, AND MOBILIZE NEW YORKERS IN MAKING CHANGE FOR CHILDREN.POLICY BRIEFINGS: OUR POLICY BRIEFINGS BROUGHT TOGETHER POLICY EXPERTS, DIRECT SERVICE PROVIDERS, AND ADVOCATES TO DISCUSS EMERGING ISSUES. OUTCOME: WE REACHED OVER 400 NEW YORKERS THIS YEAR AND TOPICS INCLUDED: BEHAVIORAL HEALTH ORGANIZATIONS; LOCAL INITIATIVES TO COMBAT CHILD FOOD INSECURITY; DENTAL COVERAGE FOR CHILDREN; THE ECONOMY'S IMPACT ON HOMELESS YOUTH; FINANCIAL LITERACY AND ASSET DEVELOPMENT; AND SERVING OVER-AGE AND UNDER-CREDITED YOUTH.APPLE PUSHERS FILM SCREENING: CCC HOSTED A FILM SCREENING OF THE APPLE PUSHERS, A NEW DOCUMENTARY ON NYC FOOD CARTS PRODUCED BY THE LAURIE M. TISCH ILLUMINATION FUND. OUTCOME: THE SCREENING WAS ATTENDED BY OVER 200 CONCERNED NEW YORKERS AND FEATURED A POST-FILM PANEL MODERATED BY CCC. JUSTINE WISE POLIER LECTURE: OUR BIENNIAL LECTURE FEATURED NEW YORK CHIEF JUDGE JONATHAN LIPPMAN, SPEAKING ON RAISING THE AGE OF CRIMINAL RESPONSIBILITY IN NEW YORK STATE. OUTCOME: THE LECTURE REACHED 150 NEW YORKERS AND INFORMED FUTURE ADVOCACY. MODIFIED OUR COMMUNITY LEADERSHIP COURSE TO INCREASE SKILL BUILDING OF PARTICIPANTS AND SOLIDIFY CONNECTIONS TO CCC'S WORK. OUTCOMES: GRADUATED 18 STUDENTS, INCREASED GRADUATE ENGAGEMENT THROUGH WEEKLY TARGETED EMAILS AND INCREASED GRADUATE PARTICIPATION IN CCC EDUCATION AND ADVOCACY ACTIVITIES.ENHANCED YOUTHACTION WITH MORE EXPERIENTIAL LEARNING AND CONNECTING YOUTH RESEARCH, COMMUNITY AND EDUCATION TO CCC'S WORK. OUTCOMES: GRADUATED 52 STUDENTS FROM THE YCLC; 21 YAMS AND 4 PEER TRAINERS PARTICIPATED, REACHING 180 YOUTH THROUGH TRAININGS. MEMBERS OF THE YCLC PRESENTED THEIR POLICY RECOMMENDATIONS TO ELECTED OFFICIALS AT CITY HALL. YOUTHACTION MEMBERS (YAMS) UNDERTOOK A YOUTH LED ANTI-HUNGER CAMPAIGN ON FOOD STAMP ACCESS - THEIR WORK INCLUDED A FOOD DRIVE AND COMMUNITY SERVICE AT A LOCAL FOOD PANTRY, CREATION AND DISTRIBUTION OF A PUBLIC SERVICE ANNOUNCEMENT. YAMS ALSO ADDRESSED THE COMMERCIAL SEXUAL EXPLOITATION OF CHILDREN, MET WITH VICTIM SERVICE PROVIDERS AND ADVOCATED IN ALBANY FOR FUNDING FOR VICTIM SERVICES UNDER THE SAFE HARBOR ACT. YAMS ALSO HELD A NYC YOUTH FORUM ON CYBER BULLYING TO HELP YOUNG PEOPLE DEFINE AND RECOGNIZE CYBER BULLYING AND ENCOURAGE THEM TO SPEAK OUT IN THEIR SCHOOLS AND COMMUNITIES. PEER TRAINERS TRAINED APPROXIMATELY 180 MIDDLE AND HIGH SCHOOL STUDENTS FROM NEW YORK CITY AND PARTICIPATED IN A CAMPAIGN FOR EDUCATIONAL EQUITY DISCUSSION ON BUILDING CIVIC ENGAGEMENT EXPERIENCES IN NYC SCHOOLS.MEDIA AND SOCIAL MEDIA: CCC'S 10,528 MEMBERS RECEIVE MONTHLY E-NEWSLETTERS, E-ACTION CAMPAIGNS. OUR SOCIAL MEDIA AUDIENCE HAS GROWN TO 600 FACEBOOK FANS AND 1,110 TWITTER FOLLOWERS EXPANDING OUR COMMUNITY EDUCATION AND ADVOCACY EFFORTS. WE PROVIDED BACKGROUND ON KEY POLICY MATTERS AND BUDGET ANALYSIS AND SECURED 152 MEDIA HITS AND 59 DIRECT QUOTES ON A WIDE RANGE OF ISSUES. 195307 EDUCATION YOUTH SERVICES/CHILD CARE:AS A LEAD MEMBER OF THE CAMPAIGN FOR CHILDREN, CCC'S STAFF PROVIDED ANALYTIC AND GOVERNMENT RELATIONS SUPPORT FOR THE CAMPAIGN. AMONG OUR CONTRIBUTIONS WE TABULATED PARENT SURVEY RESPONSES THAT INFORMED THE CREATION OF CAMPAIGN REPORTS, CREATED BOROUGH SPECIFIC SUMMARIES ON THE IMPACT OF PROPOSED REDUCTIONS ON CHILDREN AND YOUTH; CREATED A VISUAL MAP OF PROGRAMMATIC LOSSES IN AFTERSCHOOL. WE ALSO HELPED MOBILIZE NEW YORKERS IN SUPPORT OF THE CAMPAIGN AND CAMPAIGN PRIORITIES BY GENERATING A RECORD NUMBER OF CAMPAIGN EMAILS TO PROTECT CHILD CARE AND AFTER-SCHOOL SERVICES FROM DEVASTATING BUDGET CUTS, SECURING OVER 17,800 EMAILS SENT TO ELECTED OFFICIALS. IN ADDITION, OUR BOARD AND ADVOCACY COUNCIL MEMBERS JOINED STAFF AT COMMUNITY BOARD MEETINGS AND PARTICIPATED IN PRESS CONFERENCES AND RALLIES. OUR FULL BOARD SIGNED ON TO A LETTER TO DEPUTY MAYOR HARRIS ON THE VALUE OF CHILD CARE AND AFTER SCHOOL PROGRAMS AND PREVENTION OF DRAMATIC SYSTEM DOWNSIZING. WE ALSO PROVIDED CRITICAL SUPPORT TO KEY COUNCIL MEMBERS AND THEIR STAFF.OUTCOMES: THE CAMPAIGN SECURED A RESTORATION OF $150 MILLION FOR CHILD CARE AND AFTER-SCHOOL FUNDING, ENSURING 47,000 CHILDREN WILL RECEIVE THESE VITAL SUPPORT SERVICES. 143371 CHILD WELFARE/JUVENILE JUSTICE 145439 YOUTH ACTION 120708 INCOME/FOOD SECURITY 87092 13500 COMMUNITY LEADERSHIP COURSE 134734 HOUSING & FAMILY HOMELESSNESS 179086 CHILDREN'S HEALTH/MENTAL HEALTH 116271 4400 KEEPING TRACK 926701 17900 1647653 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 18 1 0 0 0 0 0 1 1 0 0 X 46 46 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X TAXPAYER 2126731800 105 EAST 22ND STREET NEW YORK NY 10010 MS MARCY SANDLER 10.00 X X 0 0 0 CHRIS STERN HYMAN ESQ 10.00 X X 0 0 0 JUDITH A GARSON ESQ 10.00 X X 0 0 0 NANCY LOCKER 10.00 X X 0 0 0 ARLETTE FERGUSON MATHIS 10.00 X X 0 0 0 MARYANN MARSTON 10.00 X X 0 0 0 ELIZABETH SHEEHAN 10.00 X X 0 0 0 NANCY F SOLOMON 10.00 X X 0 0 0 HEIDI STAMAS 10.00 X X 0 0 0 JOHN SANCHEZ 10.00 X X 0 0 0 DIANA ELGHANAYAN 10.00 X X 0 0 0 JESSICA B AARON 1.00 X 0 0 0 JENNIFER JONES AUSTIN ESQ 1.00 X 0 0 0 MS KAREN D BAYNARD 1.00 X 0 0 0 MS PRISCILLA BIJUR 1.00 X 0 0 0 MS CONSTANCE CHRISTENSEN 1.00 X 0 0 0 MS MARNA DANN 1.00 X 0 0 0 JOAN DAVIDSON 1.00 X 0 0 0 MS VERONICA DILLON 1.00 X 0 0 0 MS RUTH M FEDER 1.00 X 0 0 0 MS CAROL J FEINBERG 1.00 X 0 0 0 TRUDY FESTINGER DSW 1.00 X 0 0 0 MS RICKI TIGERT HELFER 1.00 X 0 0 0 JULIA JEAN-FRANCOIS LCSW PHD 1.00 X 0 0 0 MS KATHERINE S KAHAN 1.00 X 0 0 0 SHEILA B KAMERMAN DSW 1.00 X 0 0 0 MS ELAINE KESSEL 1.00 X 0 0 0 MR JONATHAN KNEE 1.00 X 0 0 0 MR JAMES A KRAUSKOPF 1.00 X 0 0 0 MR DANIEL KRONENFELD 1.00 X 0 0 0 MS HILDEMARIE LADOUCEUR 1.00 X 0 0 0 FRANCES W LEVENSON ESQ 1.00 X 0 0 0 MS LEE A LINK 1.00 X 0 0 0 DR KATHERINE S LOBACH 1.00 X 0 0 0 MR ERNESTO LOPERENA 1.00 X 0 0 0 MARILYN LUBELL 1.00 X 0 0 0 MS RUTH SEIGER MAISEL 1.00 X 0 0 0 MS K HEATHER MCRAY 1.00 X 0 0 0 MS SALLY A MENDEL 1.00 X 0 0 0 MARTHA J OLSON ESQ 1.00 X 0 0 0 MAHSA PELOSKY 1.00 X 0 0 0 MS EMILY U SATLOFF 1.00 X 0 0 0 MS JEAN SCHRAG 1.00 X 0 0 0 MS JOAN STEINBERG 1.00 X 0 0 0 DR JANICE WEINMAN 1.00 X 0 0 0 MS HEE SUN YU 1.00 X 0 0 0 JENNIFER MARCH-JOLY 40.00 X 161149 0 39771 STEPHANIE GENDELL 40.00 X 122537 0 15568 GREG KLEMENS 40.00 X 123768 0 15766 MYRNA GAUNTLETT 32.00 X 58287 0 9505 465741 0 80610 3 0 1 0 0 1270059 999158 91912 2269217 JUVENILE JUSTICE ADVOC 900099 148005 148005 REGISTRATION FEES 611600 13500 13500 SALES OF PUBLICATIONS 511190 4400 4400 165905 43271 43271 605055 589889 15166 15166 15166 146510 1270059 196397 -49887 -49887 OTHER 900099 2679 2679 2679 2446351 165905 0 11229 250214 193620 50543 6051 966030 765635 36291 164104 40411 29427 2188 8796 152276 114666 5491 32119 90875 71493 6727 12655 64450 64450 141730 140775 382 573 785 785 177936 103028 39093 35815 907 779 75 53 145192 137792 3049 4351 7932 6697 371 864 28855 26902 1884 69 3801 3611 76 114 49354 46886 987 1481 5850 5557 117 176 OVERHEAD REIMBURSEMENT -14583 -14583 2112015 1647653 197141 267221 394402 592725 6548 6330 293907 302870 8000 75805 59118 231911 141899 130172 90012 1692946 1711455 8833 4833 57367 53645 2659980 2828988 75939 77990 811649 685839 76745 61535 964333 825364 X 1675647 1932124 20000 71500 0 0 1695647 2003624 2659980 2828988 X 334336 -26359 X X 0 1 1 X 0 X 2302601 2154617 1438412 2115709 2269217 10280556 2302601 2154617 1438412 2115709 2269217 10280556 161319 10119237 58694 39436 15434 35652 43271 192487 2156 247 2679 5082 10478125 693445 0.96570 0.96470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5370 37588 42958 2069057 2112015 255601 63900 0 0 264918 246897 251967 255601 1019383 1529075 41613 41101 39407 42958 165079 66230 61724 62992 63900 254846 382269 5202 5138 4926 5370 20636 1792848 1651 43159 57544 11169 1768945 1637717 80820 140052 53361 12380 1792848 1589386 705 64122 16066 430 1637717 1835801 32213 -239378 39250 1589386 1.00000 0 0 0 20000 19000 1000 205415 116810 88605 6496 6089 407 90012 2446351 2112015 334336 -25554 -805 -26359 307977 2431134 -25554 11142 -805 -15217 2446351 0 2446351 2123157 11142 11142 2112015 0 2112015 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S BOARD DESIGNATED ENDOWMENT FUND IS TO GENERATE INVESTMENT INCOME TO BE USED FOR OPERATIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: DECREASE IN VALUE OF INCOME TAX RECEIVABLE AGREEMENT -805. PART XII, LINE 2D - OTHER ADJUSTMENTS: DECREASE IN VALUE OF INCOME TAX RECEIVABLE AGREEMENT -805. FALL BREAKFAST 413804 381794 32010 44712 SPRING BENEFIT 1002765 888265 114500 55500 56556 9654 29975 1416569 1270059 146510 100212 56556 9654 29975 196397 -49887 X 0 0 0 0 0 0 0 0 0 JENNIFER MARCH-JOLY 161149 0 0 0 0 0 0 0 39771 0 200920 0 0 0 X 15 29975 FMV ON DATE OF DONATION X 9 61937 FMV ON DATE OF DONATION 0 0 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION USES AN OUTSIDE BROKER TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE TWO CLASSES OF MEMBERS: A CLASS AND B CLASS. BOTH CLASSES ARE REFERRED TO AS MEMBERS OF THE CORPORATION. THE A CLASS CONSISTS OF ALL THE DIRECTORS OF THE CORPORATION. THE B CLASS CONSISTS OF MEMBERS OF THE ADVOCACY COUNCIL AND HONORARY DIRECTORS OF THE BOARD. MEMBERSHIP PROCEDURE, TERMS AND SIZE. (A) A CLASS MEMBERS: THE A CLASS MEMBERS ARE DIRECTORS AND THEIR TERMS AS A CLASS MEMBERS ARE IDENTICAL TO THEIR TERMS AS DIRECTORS. EACH A CLASS MEMBER AND DIRECTOR IS ELECTED AS SET FORTH IN THE ORGANIZATION'S BY-LAWS. (B) B CLASS MEMBERS: B CLASS MEMBERSHIP IS AVAILABLE ONLY TO INDIVIDUALS AND NOT TO ORGANIZATIONS. (C) MEMBERS OF THE ADVOCACY COUNCIL ARE PROPOSED FOR ELECTION BY THE NOMINATING COMMITTEE AS PROVIDED IN THE ORGANIZATION'S BY-LAWS AND ARE ELECTED BY THE A CLASS MEMBERS FOR A THREE-YEAR TERM COMMENCING ON THE DATE OF THE ELECTION SPECIAL MEETING AT WHICH THEY ARE ELECTED. EACH MEMBER OF THE ADVOCACY COUNCIL HOLDS OFFICE UNTIL THE EXPIRATION OF THE TERM FOR WHICH HE OR SHE IS ELECTED AND UNTIL HIS OR HER SUCCESSOR HAS BEEN DULY ELECTED AND QUALIFIED, OR UNTIL HIS OR HER EARLIER DEATH, RESIGNATION OR REMOVAL, WITH OR WITHOUT CAUSE, BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE A CLASS MEMBERS. ANY MEMBER OF THE ADVOCACY COUNCIL WHOSE MEMBERSHIP HAS EXPIRED MAY BE RE-ELECTED TO THE ADVOCACY COUNCIL AT ANY SUBSEQUENT ELECTION SPECIAL MEETING. THE ADVOCACY COUNCIL SHALL CONSIST OF NO MORE THAN 150 MEMBERS. VACANCIES. VACANCIES AMONG THE ADVOCACY COUNCIL MEMBERS FOR ANY REASON MAY BE FILLED BY VOTE OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE. AN ADVOCACY COUNCIL MEMBER SO ELECTED SHALL HOLD OFFICE UNTIL THE NEXT ELECTION SPECIAL MEETING AND UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED OR UNTIL HIS OR HER EARLIER DEATH, RESIGNATION OR REMOVAL. VOTING. EACH A CLASS MEMBER IS ENTITLED TO ONE VOTE AT ALL MEETINGS OF THE MEMBERS OF THE CORPORATION. B CLASS MEMBERS HAVE NO RIGHT TO VOTE AT ANY MEETINGS OF THE CORPORATION. DEPRIVATION OF MEMBERSHIP. ANY MEMBER OF THE CORPORATION MAY BE DEPRIVED OF HIS OR HER MEMBERSHIP AT ANY TIME WITH CAUSE BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE A CLASS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR, THE ASSOCIATE EXECUTIVE DIRECTOR FOR DEVELOPMENT AND ADMINISTRATION, THE FISCAL OFFICER, AND THE TREASURER ALL REVIEW FORM 990. IT IS ALSO REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD, WHICH IS COMPRISED OF 12 BOARD MEMBERS. THE FINANCE COMMITTEE OF THE BOARD MEETS MONTHLY (SEPTEMBER THROUGH MAY); REVIEWS THE ORGANIZATION'S FINANCES; AND REPORTS TO THE FULL BOARD OF DIRECTORS, WHICH MEETS BI-MONTHLY DURING THAT PERIOD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY UPDATED. AT THE FIRST MEETING OF THE BOARD EACH FALL, CONFLICT OF INTEREST STATEMENTS ARE SIGNED AND SUBMITTED BY EVERY MEMBER OF THE BOARD. BOARD MEMBERS RECEIVE THE FORMS IN LATE SUMMER, IN PREPARATION FOR THE FIRST MEETING OF THE YEAR. IN ADDITION, EACH YEAR, ALL STAFF MUST FILL OUT A CONFLICT OF INTEREST FORM AND INCOMING OR NEW STAFF FILL OUT A CONFLICT OF INTEREST STATEMENT SOON AFTER THEY ARE HIRED. FORM 990, PART VI, SECTION B, LINE 15A CCC'S PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS EVALUATES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR ANNUALLY AND SETS THE EXECUTIVE DIRECTOR'S COMPENSATION. THE PERSONNEL COMMITTEE CONSISTS OF 6 INDEPENDENT INDIVIDUALS, TWO OF WHOM HEAD NYC NON-PROFIT ORGANIZATIONS, ONE OF WHOM RECENTLY RETIRED FROM HIS POSITION AS HEAD OF A NYC NON-PROFIT, AND ONE WHO SERVES ON THE BOARD OF YET ANOTHER NYC NON-PROFIT ORGANIZATION. THE COMBINED KNOWLEDGE OF THESE INDIVIDUALS REGARDING EXECUTIVE DIRECTOR COMPENSATION AT SIMILAR ORGANIZATIONS WAS BROUGHT TO BEAR ON THE SALARY OFFER MADE AND ACCEPTED BY THE CURRENT EXECUTIVE DIRECTOR IN JANUARY OF 2008. EACH YEAR SINCE, THE PERSONNEL COMMITTEE HAS EVALUATED THE EXECUTIVE DIRECTOR'S PERFORMANCE AND DETERMINED COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FULL FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, A SUMMARY OF THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -25,554. DECREASE IN VALUE OF INCOME TAX RECEIVABLE AGREEMENT -805. TOTAL TO FORM 990, PART XI, LINE 5: -26,359. THE PROCESS FOR OVERSEEING THE AUDITED FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR.