VERMONT ETV INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- VERMONT ETV INC (EIN 22-2990644)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-12-12
- IRS object ID
- 201213479349300411
- 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 | 2012-12-12T10:31:15-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030225774 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GALLAGHER FLYNN & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 COMMUNITY DRIVE SUITE 401 | AddressLine1 |
| City | SOUTH BURLINGTON | City |
| State | VT | State |
| ZIP Code | 05403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222990644 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERMONT ETV INC DBA VERMONT PUBLIC TELEVISION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VERM | NameControl |
| Phone | 8026554800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 ETHAN ALLEN AVENUE | AddressLine1 |
| City | COLCHESTER | City |
| State | VT | State |
| ZIP Code | 05446 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN KING | Name |
| Title | PRESIDENT | Title |
| Phone | 8026554800 | Phone |
| Date Signed | 2012-11-27 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PHILIP A LAPP CPA | Name |
| PTIN | P00356904 | PTIN |
| Phone | 8028631331 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERMONT PUBLIC TELEVISION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN KING | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 ETHAN ALLEN AVENUE | AddressLine1 |
| City | COLCHESTER | City |
| State | VT | State |
| ZIP Code | 05446 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7016843 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VPT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1989 | YearFormation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | VERMONT PUBLIC TELEVISION EDUCATES, INFORMS, ENTERTAINS AND INSPIRES VERMONTERS TO BE LIFE-LONG LEARNERS AND ENGAGED IN THEIR COMMUNITY BY FOSTERING:-UNDERSTANDING OF ONE ANOTHER AND VARIOUS POINTS OF VIEW-LIFELONG LEARNING-CHILDREN'S READINESS TO LEARN-PERSONAL ENRICHMENT THROUGH ARTS, CULTURE AND ENTERTAINMENT-APPRECIATION AND RESPECT FOR THE ENVIRONMENT AND WORKING LANDSCAPE-INVOLVEMENT AND PARTICIPATION IN COMMUNITY AND CIVIC AFFAIRS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 51 | TotalNbrEmployees |
| Total Nbr Volunteers | 224 | TotalNbrVolunteers |
| Total Gross UBI | 32472 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 27949 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5486671 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5333583 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 490241 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 542726 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -38369 | InvestmentIncomePriorYear |
| Investment Income Current Year | 87004 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 891664 | OtherRevenuePriorYear |
| Other Revenue Current Year | 851214 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6830207 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6814527 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2659108 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2649792 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 118292 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 120622 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1622893 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3606108 | OtherExpensePriorYear |
| Other Expenses Current Year | 3684622 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6383508 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6455036 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 446699 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 359491 | RevenuesLessExpensesCY |
| Total Assets BOY | 9168040 | TotalAssetsBOY |
| Total Assets EOY | 9264712 | TotalAssetsEOY |
| Total Liabilities BOY | 1929990 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1762990 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7238050 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7501722 | NetAssetsOrFundBalancesEOY |
| Mission Description | VERMONT PUBLIC TELEVISION EDUCATES, INFORMS, ENTERTAINS AND INSPIRES VERMONTERS TO BE LIFE-LONG LEARNERS AND ENGAGED IN THEIR COMMUNITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 880299 | Expense |
| Revenue | 380160 | Revenue |
| Description | BROADCAST CONTENT ACQUISITION & SCHEDULING- ACQUIRING OF PRE-PRODUCED PROGRAMS AND ON-AIR PROGRAM SCHEDULING 7 DAYS/WEEK, 365 DAYS/YEAR. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 908450 | Expense |
| Revenue | 5700 | Revenue |
| Description | CONTENT CREATION-PRODUCTION OF: 54.5 HOURS OF ORIGINAL LOCAL BROADCAST CONTENT INCLUDING 41.5 HOURS OF PUBLIC AFFAIRS AND 5.5 HOURS OF ARTS AND CULTURE PROGRAMMING.16.7 HOURS OF WEB-ONLY CONTENT. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2409460 | Expense |
| Revenue | 22086 | Revenue |
| Description | CONTENT DISTRIBUTION - DISTRIBUTION OF CONTENT VIA:BROADCAST OVER THE AIR 24 HOURS PER DAY, 7 DAYS A WEEK TO VT AND PARTS OF NY AND NHWEB - 244,000 UNIQUE VISITORS, AND 22 LIVE ONLINE WEBCASTSOUTREACH ACTIVITIES WITH 96 COMMUNITY PARTNERS, 87 EVENTS IN 11 VERMONT COUNTIES | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4198209 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | 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 | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | 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 | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | 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 | 18 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 51 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CA | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| 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 | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | 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 | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREA BERGERON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8026554800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 ETHAN ALLEN AVENUE | AddressLine1 |
| City | COLCHESTER | City |
| State | VT | State |
| ZIP Code | 05446 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| JULIA ANDREWS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| PATRICIA GABEL | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| LORILEE LAWTON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MARY MORAN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| BRIAN HARWOOD | ||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | |
| ROBERT HOFMANN | ||||||
| VICE CHAIR | 2.00 | X | 0 | 0 | 0 | |
| PAMELA MACKENZIE | ||||||
| CHAIR | 4.00 | X | 0 | 0 | 0 | |
| SCOTT MILNE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| SUZANNE KELLER-LYNN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| THOMAS PELLETIER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JEREMY SCHRAUF | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DAVID TAPLIN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| LISA VENTRISS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| PATRICIA SABALIS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JOSEPH TYMECKI | ||||||
| SECRETARY/ENGINEERING DIRE | 40.00 | 80612 | 0 | 17258 | X | |
| JOHN KING | ||||||
| PRESIDENT | 45.00 | 149308 | 0 | 8853 | X | |
| ANDREA BERGERON | ||||||
| TREASURER | 40.00 | 78432 | 0 | 21583 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 308352 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 47694 | 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 |
| Government Grants | 2333857 | GovernmentGrants |
| All Other Contributions | 2999726 | AllOtherContributions |
| Total Contributions | 5333583 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PROGRAM UNDERWRITING | 515100 | 479708 | 479708 |
| MEDIA SALES AND SERVIC | 515100 | 63018 | 63018 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 542726 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92540 | TotalRevenueColumn |
| Exclusion | $92,540 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 810381 | TotalRevenueColumn |
| Exclusion | $810,381 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 127237 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 109276 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 17961 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17961 | TotalRevenueColumn |
| Unrelated Business Revenue | 17961 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 87504 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 93040 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -5536 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -5536 | TotalRevenueColumn |
| Related Or Exempt Function Income | -5536 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| WEB ADVERTISING & MEDI | 515100 | 14511 | 14511 | |
| OTHER | 515100 | 8361 | 8361 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 22872 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6814527 | TotalRevenueColumn |
| Related Or Exempt Function Income | 545551 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 32472 | UnrelatedBusinessRevenue |
| Exclusion | $902,921 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 317843 | Total |
| Program Services | 82766 | ProgramServices |
| Management And General | 235077 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1708534 | Total |
| Program Services | 1234254 | ProgramServices |
| Management And General | 96849 | ManagementAndGeneral |
| Fundraising | 377431 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68857 | Total |
| Program Services | 43030 | ProgramServices |
| Management And General | 16960 | ManagementAndGeneral |
| Fundraising | 8867 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 404059 | Total |
| Program Services | 273009 | ProgramServices |
| Management And General | 38410 | ManagementAndGeneral |
| Fundraising | 92640 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150499 | Total |
| Program Services | 97673 | ProgramServices |
| Management And General | 25235 | ManagementAndGeneral |
| Fundraising | 27591 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71318 | Total |
| Management And General | 71318 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21600 | Total |
| Management And General | 21600 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120622 | Total |
| Fundraising | 120622 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 502923 | Total |
| Program Services | 109380 | ProgramServices |
| Management And General | 25024 | ManagementAndGeneral |
| Fundraising | 368519 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 207813 | Total |
| Program Services | 24638 | ProgramServices |
| Management And General | 616 | ManagementAndGeneral |
| Fundraising | 182559 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 535974 | Total |
| Program Services | 160876 | ProgramServices |
| Management And General | 55751 | ManagementAndGeneral |
| Fundraising | 319347 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 607879 | Total |
| Program Services | 572421 | ProgramServices |
| Management And General | 13589 | ManagementAndGeneral |
| Fundraising | 21869 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79792 | Total |
| Program Services | 46552 | ProgramServices |
| Management And General | 15892 | ManagementAndGeneral |
| Fundraising | 17348 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 758282 | Total |
| Program Services | 745721 | ProgramServices |
| Management And General | 2995 | ManagementAndGeneral |
| Fundraising | 9566 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99016 | Total |
| Program Services | 59943 | ProgramServices |
| Management And General | 11870 | ManagementAndGeneral |
| Fundraising | 27203 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROGRAM ACQUISITIONS | 735074 | 735074 | ||
| BANK CHARGES | 47724 | 2477 | 641 | 44606 |
| MISCELLANEOUS | 17227 | 10395 | 2107 | 4725 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6455036 | Total |
| Program Services | 4198209 | ProgramServices |
| Management And General | 633934 | ManagementAndGeneral |
| Fundraising | 1622893 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 220314 | BOY |
| EOY | 130864 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 154587 | BOY |
| EOY | 195005 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202283 | BOY |
| EOY | 191706 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 246214 | BOY |
| EOY | 175217 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118237 | BOY |
| EOY | 92445 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 13249958 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6934796 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6444366 | BOY |
| EOY | 6315162 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1701116 | BOY |
| EOY | 2160681 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80923 | BOY |
| EOY | 3632 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9168040 | BOY |
| EOY | 9264712 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 724067 | BOY |
| EOY | 727519 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 815389 | BOY |
| EOY | 667906 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26198 | BOY |
| EOY | 15168 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 364336 | BOY |
| EOY | 352397 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1929990 | BOY |
| EOY | 1762990 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7209625 | BOY |
| EOY | 7477334 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28425 | BOY |
| EOY | 24388 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7238050 | BOY |
| EOY | 7501722 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9168040 | BOY |
| EOY | 9264712 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 359491 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -95819 | 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 | 6151618 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4952395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4554655 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5502584 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5333583 | CurrentTaxYear |
| Total | 26494835 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6151618 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4952395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4554655 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5502584 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5333583 | CurrentTaxYear |
| Total | 26494835 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 26494835 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 613182 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 670351 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 668164 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 863829 | CurrentTaxYearMinus1Year |
| Current Tax Year | 898385 | CurrentTaxYear |
| Total | 3713911 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 132664 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 122157 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 151502 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 144854 | CurrentTaxYearMinus1Year |
| Current Tax Year | 31472 | CurrentTaxYear |
| Total | 582649 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 72563 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16011 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 13491 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10680 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8361 | CurrentTaxYear |
| Total | 121106 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 30912501 | TotalSupport |
| Gross Receipts From Admissions Etc | 69893 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.85710 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.86430 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $17,035 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 17035 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2832595 | OtherCostOrOtherBasis |
| Depreciation | 1606098 | Depreciation |
| Book Value | 1226497 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10183163 | OtherCostOrOtherBasis |
| Depreciation | 5163388 | Depreciation |
| Book Value | 5019775 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 234200 | OtherCostOrOtherBasis |
| Depreciation | 165310 | Depreciation |
| Book Value | 68890 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6315162 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CORPORATE DEBT OBLIGATIONS | 180937 | F |
| FEDERAL GOVERNMENT DEBT OBLIGATIONS | 32465 | F |
| MUTUAL FUNDS | 1552239 | F |
| FOREIGN BONDS | 10301 | F |
| CORPORATE STOCKS | 384739 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 2160681 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SUPPLEMENTAL BENEFIT PLAN LIABILITY | $303,279 |
| LIABILITY UNDER SPLIT INTEREST AGREEMENTS | $49,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 352397 | TotalOfAmounts |
| Total Revenue | 6814527 | TotalRevenue |
| Total Expenses | 6455036 | TotalExpenses |
| Excess Or Deficit For Year | 359491 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4897 | NetUnrealizedGLOnInvestments |
| Other | -$100,716 | OtherAmount |
| Total Adjustments | -95819 | TotalAdjustments |
| Excess Or Deficit Per FS | 263672 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6921389 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4897 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 25555 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 76410 | OtherRevenues |
| Revenue Not Rptd F990 | 106862 | RevenueNotRptdF990 |
| Revenue Subtotal | 6814527 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6814527 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6657717 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 25555 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 177126 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 202681 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6455036 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6455036 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF ACTIVITIES. VT ETV FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. INCLUDED IN THE PROVISION FOR UNRELATED BUSINESS INCOME TAX IN 2012 IS APPROXIMATELY $64,000 FOR UNRECOGNIZED TAX BENEFITS. THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST AT JUNE 30, 2011. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED JUNE 30, 2009. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | TAX ON UNRELATED BUSINESS INCOME -64,327. SUPPLEMENTAL BENEFIT PLAN EXPENSE -32,866. WEB ADVERTISING EXPENSES -3,523. TOTAL TO SCHEDULE D, PART XI, LINE 8: -100,716. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SUPPLEMENTAL BENEFIT PLAN EXPENSE -32,866. EXPENSES RELATED TO RENTAL INCOME 109,276. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | TAXES ON UNRELATED BUSINESS INCOME 64,327. EXPENSES RELATED TO RENTAL INCOME 112,799. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| SHARE | ||||||||
| 69 CHAPEL STREET | NEWTON | MA | 02458 | TELEMARKETING-NEW MEMBER & ADD GIFT | 0 | 111454 | 106224 | 5230 |
| ARIA | ||||||||
| 717 WEST ST GERMAIN STREET | ST CLOUD | MN | 56301 | TELEMARKETING - RENEWAL | 0 | 28349 | 14398 | 13951 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 139803 | TotalGrossReceipts |
| Total Retained By Contractors | 120622 | TotalRetainedByContractors |
| Total Net To Organization | 19181 | TotalNetToOrganization |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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 | JOHN KING | NamePerson |
| Base Compensation Filing Org | 149308 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 8853 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 158161 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE FORM 990 IS REVIEWED AND APPROVED AT A BOARD OF DIRECTORS MEETING FOLLOWING THE COMPLETION OF THE FORM AND BEFORE IT IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | PART IV-SECTION B POLICIES 12C: ANNUALLY BOARD MEMBERS AND SENIOR STAFF COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS REVIEWED, EVALUATED AND MAINTAINED ON FILE. ANY ISSUES DISCLOSED WHICH ARE CONSIDERED OR MAY BE PERCEIVED AS A CONFLICT ARE HANDLED ON A CASE BY CASE BASIS | |
| FORM 990, PART VI, SECTION B, LINE 15 | PART IV- SECTION B POLICIES 15A: ANNUALLY THE CEO IS REVIEWED AND EVALUATED BY THE FULL BOARD OF DIRECTORS. COMPENSATION IS DETERMINED BY THE BOARD. PERIODICALLY, INDEPENDENT CONSULTANTS ARE USED TO DETERMINE MARKET RATE AND COMPARABLE MARKET DATA FOR THE CEO AND OTHER KEY EMPLOYEES. THE BOARD REVIEWS THIS DATA AND ESTABLISHES AN APPROPRIATE COMPENSATION LEVEL FOR THE CEO. THE BOARD HAS ESTABLISHED A COMPENSATION COMMITTEE TO SPECIFICALLY REVIEW CEO COMPENSATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 4,897. TAX ON UNRELATED BUSINESS INCOME -64,327. SUPPLEMENTAL BENEFIT PLAN EXPENSE -32,866. WEB ADVERTISING EXPENSES -3,523. TOTAL TO FORM 990, PART XI, LINE 5: -95,819. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Comments