2023-12-04T08:41:38-06:00 2023-05-31 593040705 RIVERO GORDIMER & COMPANY PA P O BOX 172359 TAMPA FL 33672 990 2022-06-01 592319162 COPPERHEAD CHARITIES INC COPP 7279425566 35111 US HIGHWAY 19 NORTH 302 PALM HARBOR FL 34684 TRACY WEST TOURNAMENT DIRECTOR 7279425566 2023-11-22 1 TRACY WEST 999009999 0 SAM A LAZZARA P01342929 8138757774 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X VALSPAR CHAMPIONSHIP TRACY WEST 35111 US HIGHWAY 19 NORTH 302 PALM HARBOR FL 34684 16357137 0 X VALSPARCHAMPIONSHIP.COM X 1977 FL PROVIDE AID TO TAMPA BAY CHARITIES. 20 20 13 2500 0 0 5802935 5762675 10396344 10539745 76753 54717 0 0 16276032 16357137 1750364 1189548 0 0 1790482 1808400 0 0 11896113 12382570 13329335 15923416 16327283 352616 29854 5855870 5557222 3295167 2995126 2560703 2562096 X PROVIDE AID TO TAMPA BAY AREA CHARITIES THROUGH FUNDRAISING EVENTS CENTERED AROUND PROFESSIONAL GOLF. 0 0 3983263 1189548 10539745 THE 2023 VALSPAR CHAMPIONSHIP, TAMPA BAY'S PGA TOUR EVENT, GENERATED CHARITABLE CONTRIBUTIONS OF $1,189,548 FOR CHARITY. THE TOURNAMENT'S CHARITABLE INITIATIVES COME THROUGH THE SPONSORING ORGANIZATION, COPPERHEAD CHARITIES INC.COPPERHEAD CHARITIES, NOW HAS NOW GENERATED ROUGHLY $50 MILLION FOR CHARITY SINCE 1977 THROUGH THE SPONSORSHIP OF PROFESSIONAL GOLF TOURNAMENTS IN THE TAMPA BAY AREA.(SEE CONTINUATION AT SCHEDULE O.)THE TOTAL INCLUDES MONEY RAISED THROUGH TICKET SALES AND OTHER TOURNAMENT PROCEEDS. APPROXIMATELY 70 AREA CHARITIES ARE BENEFITING FROM THE 2023 TOURNAMENT. COPPERHEAD CHARITIES MADE MANY DIRECTED DONATIONS IN 2023 WITH TAMPA GENERAL HOSPITAL, HABITAT FOR HUMANITY OF PINELLAS AND WEST PASCO COUNTIES, ST. PETERSBURG COLLEGE FOUNDATION, AND AREA CHAPTERS OF THE FIRST TEE AMONG THE KEY CHARITIES BENEFITING.AN INDEPENDENT ECONOMIC IMPACT STUDY PERFORMED BY THE UNIVERSITY OF SOUTH FLORIDA COLLEGE OF BUSINESS SPORT AND ENTERTAINMENT MANAGEMENT PROGRAM AND SPORTSECONOMICS, LLC FOUND THAT TOURNAMENT ACTIVITIES TRANSLATE TO AN ANNUAL ECONOMIC IMPACT OF OVER $64 MILLION TO THE TAMPA BAY AREA. 3983263 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 18 0 1 13 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 FL X THE ORGANIZATION 7279425566 35111 US HIGHWAY 19 NORTH SUITE 302 PALM HARBOR FL 34684 RONDE BARBER GENERAL CHAIR 3.00 X X 0 0 0 JOHN ASTRAB VICE CHAIR 2.50 X X 0 0 0 JIM EISCH IMMEDIATE PAST CHAIR & FINANCE CHAIR 1.00 X X 0 0 0 LISA SMITHSON-PAYNE DIRECTOR 1.00 X 0 0 0 JON WAX DIRECTOR 1.00 X 0 0 0 RONICE BARLOW DIRECTOR 1.00 X 0 0 0 PAUL BLAYLOCK DIRECTOR 1.00 X 0 0 0 ALLIE CANTONIS DIRECTOR 1.00 X 0 0 0 HOLLIS CAVNER DIRECTOR 1.00 X 0 0 0 JOHN COURIS DIRECTOR 1.00 X 0 0 0 DAN DOYLE JR DIRECTOR 1.00 X 0 0 0 MARK FITZPATRICK DIRECTOR 1.00 X 0 0 0 MARCUS GREENE DIRECTOR 1.00 X 0 0 0 HOWARD HECKES DIRECTOR 1.00 X 0 0 0 PENNY PARKS DIRECTOR 1.00 X 0 0 0 MIKE MCNALLY DIRECTOR 1.00 X 0 0 0 ALYSSA RHOADS DIRECTOR 1.00 X 0 0 0 SAM ROSATI DIRECTOR 1.00 X 0 0 0 CHRIS SULLIVAN DIRECTOR 1.00 X 0 0 0 DOUG WOOLARD DIRECTOR 1.00 X 0 0 0 TRACY WEST TOURNAMENT DIRECTOR 40.00 X 337915 0 0 MICHAEL HARRISON ASSISTANT TOURNAMENT DIRECTOR 40.00 X 152641 0 0 AUSTIN MICHAEL KERN CORPORATE PARTNERSHIP SENI 40.00 X 207023 0 0 ZACHARY LABBE DIRECTOR OF OPERATIONS 40.00 X 111879 0 0 809458 0 0 4 0 1 0 PRO LINKS SPORTS OF TAMPA LLC 758 NORTH US HWY 1 TEQUESTA FL 33649 EVENT MANAGEMENT 531307 1 130018 5632657 5762675 TOURNAMENT SALES 713990 10539745 10539745 10539745 32106 32106 22611 0 22611 22611 22611 16357137 10539745 0 54717 1189548 1189548 809458 141655 110329 557474 661064 115688 90121 455255 216354 37862 29489 149003 121524 21267 16564 83693 2040 2040 20580 20580 96821 23888 37101 35832 315410 63082 252328 54897 4392 10168 40337 67453 5396 2022 60035 25884 2588 6471 16825 41449 14507 8290 18652 95196 28558 66638 63452 6346 15863 41243 46438 9288 37150 TOURNAMENT EXPENSES 8967139 1793427 7173712 TOURNAMENT PRIZE MONEY 3464000 519600 2944400 MISCELLANEOUS 68576 6171 32231 30174 16327283 3983263 447907 11896113 474238 884453 32936 973 2398504 1937027 260303 186647 802775 634629 189686 168146 1495265 1296484 390000 390000 614938 693492 5855870 5557222 2428599 2360465 154595 86750 711973 547911 3295167 2995126 X 2560703 2562096 2560703 2562096 5855870 5557222 29854 -28461 0 X X 0 1 X 1 0 X 6363648 5527560 4931514 5802935 5762675 28388332 6363648 5527560 4931514 5802935 5762675 28388332 7760315 20628017 18145 34223 35709 76753 54717 219547 28607879 36737250 0.72110 0.65330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 705242 634629 70613 97533 97533 168146 ANNUITY - MORGAN STANLEY 390000 C 390000 DEFERRED COMPENSATION TRUST 516992 EMPLOYEE RETENTION CREDITS RECEIVABLE 176500 693492 DEFERRED COMPENSATION RESERVE 516992 CHARITIES PAYABLE 30919 547911 X 16328676 -28461 -28461 16357137 0 16357137 16327283 0 16327283 0 16327283 PART X, LINE 2: THE ORGANIZATION IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. TAX YEARS AFTER 2019 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. 1 ACADEMY PREP CENTER OF ST PETERSBURG 2301 22ND AVENUE SOUTH ST PETERSBURG FL 33712 593623000 501(C)(3) 5700 0 GENERAL SUPPORT CITY OF CLEARWATER 100 S MYRTLE AVE CLEARWATER FL 33756 596000289 501(C)(3) 10000 0 GENERAL SUPPORT CHI CHI RODRIGUEZ FOUNDATION 3030 N MCMULLEN BOOTH ROAD CLEARWATER FL 33761 592017124 501(C)(3) 12931 0 GENERAL SUPPORT HEELS TO HEAL INC 601 5TH AVE N ST PETERSBURG FL 33701 271488133 501(C)(3) 14421 0 GENERAL SUPPORT JOHN'S HOPKINS ALL CHILDREN'S HOSPITAL 501 6TH AVE S ST PETERSBURG FL 33701 590683252 501(C)(3) 58565 0 GENERAL SUPPORT THE FIRST TEE OF TAMPA BAY ROGERS PARK GC 7910 N 30TH STREET TAMPA FL 33610 591742909 501(C)(3) 28600 0 GENERAL SUPPORT HABITAT FOR HUMANITY PINELLAS & W PASCO 13355 49TH STREET NORTH CLEARWATER FL 33762 592509116 501(C)(3) 90220 0 GENERAL SUPPORT ST PETERSBURG COLLEGE FOUNDATION INC 6021 142ND AVENUE N CLEARWATER FL 33760 591954362 501(C)(3) 36400 0 GENERAL SUPPORT RUTH ECKERD HALL 1111 MCMULLEN BOOTH RD CLEARWATER FL 33759 591803628 501(C)(3) 25000 0 GENERAL SUPPORT TARPON SPRINGS HS BAND BOOSTER CLUB PO BOX 642 TARPON SPRINGS FL 34688 592135073 501(C)(3) 12073 0 GENERAL SUPPORT BETA BETA CHAPTER 363 W DRAKE ROAD FORT COLLINS CO 80562 841413835 501(C)(4) 13500 0 GENERAL SUPPORT PALM HARBOR UNIVERSITY HIGH SCHOOL 1900 OMAHA ST PALM HARBOR FL 34683 593656277 501(C)(3) 18493 0 GENERAL SUPPORT QUANTUM LEAP FARM INC 10401 WOODSTOCK RD ODESSA FL 33556 593469464 501(C)(3) 10000 0 GENERAL SUPPORT THE FIRST TEE OF ST PETE 875 62ND AVENUE ST PETERSBURG FL 33702 591742909 501(C)(3) 111000 0 GENERAL SUPPORT GARY AND DONNA KOCH FAMILY FOUNDATION 2934 W LAWN AVENUE TAMPA FL 33611 472173745 501(C)(3) 50000 0 GENERAL SUPPORT GIRL SCOUTS OF WEST CENTRAL FLORIDA 4610 EISENHOWER BLVD TAMPA FL 33634 590624454 501(C)(3) 13301 0 GENERAL SUPPORT SUNCOAST MASTER MASON ASSOCIATION PO BOX 562 PALM HARBOR FL 34682 843049914 501(C)(3) 9295 0 GENERAL SUPPORT REDEFINING REFUGE INC 18948 N DALE MABRY HWY STE 101 LUTZ FL 33548 272126223 501(C)(3) 12100 0 GENERAL SUPPORT STARTING RIGHT NOW 1212 W CASS ST TAMPA FL 33606 263725699 501(C)(3) 10000 0 GENERAL SUPPORT TAMPA GENERAL HOSPITAL FOUNDATION INC PO BOX 1289 RM H-149 TAMPA FL 33601 237354477 501(C)(3) 37500 0 GENERAL SUPPORT THE COMMUNITY FOUNDATION OF TAMPA BAY 4300 W CYPRESS STREET 700 TAMPA FL 33607 593001853 501(C)(3) 10000 0 GENERAL SUPPORT THE FIRST TEE OF CLEARWATER 3030 N MCMULLEN BOOTH RD CLEARWATER FL 33761 592017124 501(C)(3) 40000 0 GENERAL SUPPORT THE KIND MOUSE 1801 16TH ST N ST PETERSBURG FL 33704 452455492 501(C)(3) 7508 0 GENERAL SUPPORT BIG BROTHERS BIG SISTERS 5555 W WATERS AVE 607 TAMPA FL 33634 650639541 501(C)(3) 48293 0 GENERAL SUPPORT HOMELESS EMPOWERMENT PROJECT 1120 NORTH BETTY LANE CLEARWATER FL 33755 592729694 501(C)(3) 11500 0 GENERAL SUPPORT BLACK DIAMOND FOUNDATION 3850 W BLACK DIAMOND CIR LECANTO FL 34461 134211621 501(C)(3) 30500 0 GENERAL SUPPORT BIRDIES FOR THE BRAVE TAMPA BAY 5300 W LUTZ LAKE FERN RD LUTZ FL 33558 273945589 501(C)(3) 28092 0 GENERAL SUPPORT GREATER TAMPA SERTOMA CLUB 200 INVERNESS AVE TEMPLE TERRANCE FL 33617 650142130 501(C)(3) 7073 0 GENERAL SUPPORT THE RYAN WELLS FOUNDATION 3636 WOODRIDGE PL PALM HARBOR FL 34684 043824815 501(C)(3) 17250 0 GENERAL SUPPORT GFWC NORTH PINELLAS WOMEN'S CLUB PO BOX 16325 CLEARWATER FL 33766 200312264 501(C)(7) 9319 0 GENERAL SUPPORT GREATER DUNEDIN LITTLE LEAGUE PO BOX 481 DUNEDIN FL 34697 592783616 501(C)(3) 6618 0 GENERAL SUPPORT LIFT ACADEMY 13400 PARK BLVD SEMINOLE FL 33776 461088977 501(C)(3) 29570 0 GENERAL SUPPORT LIGHTHOUSE OF PINELLAS 6925 112TH CIRCLE N SUITE 103 LARGO FL 33773 237042938 501(C)(3) 20000 0 GENERAL SUPPORT MORTON PLANT MEASE HEALTH CARE FOUNDATION 1200 DRUID RD SOUTH CLEARWATER FL 33756 591751535 501(C)(3) 10300 0 GENERAL SUPPORT OLD FLORIDA FEDERATION INC 514 N FRANKLIN ST 208 TAMPA FL 33602 461189420 501(C)(3) 50000 0 GENERAL SUPPORT SIMPLY UNITED TOGETHER GLOBAL INC PO BOX 90166 EAST POINT GA 30364 471168536 501(C)(3) 11294 0 GENERAL SUPPORT TAMPA BAY SPORTS COMMISSION 201 N FRANKLIN ST SUITE 2900 TAMPA FL 33602 593468367 501(C)(3) 7000 0 GENERAL SUPPORT THE SPRING OF TAMPA BAY PO BOX 5147 TAMPA FL 33675 591777135 501(C)(3) 20000 0 GENERAL SUPPORT TUNNELS OF TOWERS FOUNDATION 2361 HYLAN BOULEVARD STATEN ISLAND NY 10306 020554654 501(C)(3) 10000 0 GENERAL SUPPORT USF FOUNDATION 4202 E FOWLER AVE ALC 100 TAMPA FL 33620 590879015 501(C)(3) 12500 0 GENERAL SUPPORT AMERICAN CANCER SOCIETY 270 PEACHTREE STREET SUITE 1300 ATLANTA GA 30303 131788491 501(C)(3) 7500 0 GENERAL SUPPORT CARWISE MIDDLE SCHOOL 3301 BENTLEY DR PALM HARBOR FL 34684 810858485 501(C)(3) 20000 0 GENERAL SUPPORT DERRICK BROOKS CHARITIES 3750 GUNN HIGHWAY TAMPA FL 33618 450496688 501(C)(3) 8500 0 GENERAL SUPPORT FLORIDA VETERAN'S HALL OF FAME SOCIETY INC 4028 BOBBIN BROOK CIR TALLAHASSEE FL 32312 833504069 501(C)(3) 5502 0 GENERAL SUPPORT PLEASANT VALLEY BAPTIST CHURCH 1700 KLOSTERMAN RD E PALM HARBOR FL 34683 591965120 501(C)(3) 10000 0 GENERAL SUPPORT ROTARY CLUB - SEMINOLE PO BOX 3313 SEMINOLE FL 33775 237033683 501(C)(3) 12000 0 GENERAL SUPPORT THE WOODSON AFRICAN AMERICAN MUSEUM OF FL 22940 9TH AVE ST PETERSBURG FL 33712 743112739 501(C)(3) 10000 0 GENERAL SUPPORT YMCA OF THE SUNCOAST 2469 ENTERPRISE ROAD CLEARWATER FL 33763 590810731 501(C)(3) 10000 0 GENERAL SUPPORT PART I, LINE 2: THE TOURNAMENT HAS THE "BIRDIES FOR TAMPA BAY CHARITIES" PROGRAM, WHICH HAS LOCAL CHARITIES SOLICIT PLEDGES THAT ARE WRITTEN TO THE VALSPAR CHAMPIONSHIP. AT THE END OF THE PROGRAM, THOSE PLEDGES AND ADDITIONAL FUNDS FROM THE TOURNAMENT ARE GRANTED TO THE RESPECTIVE CHARITIES. THE TOURNAMENT ONLY ALLOWS DOCUMENTED 501(C)(3) NON PROFIT CHARITIES TO PARTICIPATE IN THIS PROGRAM. X X X 0 1 0 0 0 0 0 0 0 TRACY WEST TOURNAMENT DIRECTOR 259915 0 78000 0 0 0 0 0 0 0 337915 0 0 0 AUSTIN MICHAEL KERN CORPORATE PARTNERSHIP SENI 207023 0 0 0 0 0 0 0 0 0 207023 0 0 0 MICHAEL HARRISON ASSISTANT TOURNAMENT DIRECTOR 132641 0 20000 0 0 0 0 0 0 0 152641 0 0 0 PART I, LINE 4B THE ORGANIZATION ENTERED INTO A RABBI TRUST AGREEMENT IN AUGUST 2018 WITH AN INDIVIDUAL FROM MANAGEMENT IN ORDER TO RETAIN THE EMPLOYEE THROUGH THE 2022 VALSPAR CHAMPIONSHIP. THE AGREEMENT ACTS SIMILAR TO A DEFERRED COMPENSATION PLAN AND REQUIRED AN INITIAL DEPOSIT OF $100,000. THE INITIAL DEPOSIT WAS DEPOSITED INTO THE TRUST ACCOUNT ON AUGUST 8, 2018. THE AGREEMENT ALSO REQUIRES ADDITIONAL ANNUAL PAYMENTS NOT TO EXCEED $100,000 EACH SUBSEQUENT YEAR FOR THE 2019 THROUGH 2022 VALSPAR CHAMPIONSHIP. ANNUAL PAYMENT AMOUNTS ARE AT THE DISCRETION OF THE ORGANIZATION'S BOARD OF DIRECTORS. IN JULY 2023, THE ORGANIZATION ENTERED INTO AN EXECUTIVE SUPPLEMENT RETIREMENT AGREEMENT WITH ITS TOURNAMENT DIRECTOR, WHEREBY THE ORGANIZATION AGREES TO (A) PAY $100,000 FOR THE 2023 VALSPAR CHAMPIONSHIP AND (B) PAY AN AMOUNT NOT TO EXCEED $100,000 EACH SUBSEQUENT YEAR FROM 2024 THROUGH 2025 IN WHICH THE TOURNAMENT DIRECTOR PERFORMS SERVICES IN ITS ROLE FOR EACH RESPECTIVE TOURNAMENT YEAR, SUBJECT TO CERTAIN CONDITIONS. FORM 990, PART V, LINE 2B: COPPERHEAD CHARITIES, INC. CONTRACTS WITH A SPORTS MANAGEMENT ORGANIZATION FOR THE ADMINISTATION OF ITS EMPLOYEES. UNDER THIS AGREEMENT, ALL EMPLOYEES OF COPPERHEAD ARE IN ACTUALITY EMPLOYEES OF THE SPORTS MANAGEMENT ORGANIZATION. DUE TO THIS AGREEMENT, COPPERHEAD CHARITIES DOES NOT FILE A FORM W-3 TRANSMITTAL OF WAGE AND TAX STATEMENTS, BUT RATHER THE SPORTS MANAGEMENT ORGANIZATION WILL FILE FORM W-3 THAT WOULD INCLUDE THE EMPLOYEES OF COPPERHEAD CHARITIES. AS OF MAY 31, 2023, COPPERHEAD CHARITIES WAS UTILIZING 13 EMPLOYEES THROUGH THE SPORTS MANAGEMENT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENTERED INTO A SPORTS EVENT MANAGEMENT AND MARKETING AGREEMENT (THE "AGREEMENT") WITH PRO LINKS SPORTS OF TAMPA, LLC. PRO LINKS IS A FULL-SERVICES GOLF MANAGEMENT COMPANY THAT PROVIDES MANAGEMENT AND MARKETING FUNCTIONS FOR THE VALSPAR CHAMPIONSHIP EFFECTIVE JUNE 1, 2014. PRO LINKS, THROUGH ITS AFFILIATES, MANAGES AND MARKETS VARIOUS PGA TOUR-SANCTIONED GOLF TOURNAMENTS SIMILAR TO THE VALSPAR CHAMPIONSHIP THROUGHOUT THE COUNTRY. THE AGREEMENT PROVIDES THAT PRO LINKS WILL MANAGE ALL ASPECTS OF THE VALSPAR CHAMPIONSHIP, INCLUDING SALES AND MARKETING, COURSE OPERATIONS, TOURNAMENT OPERATIONS, AND ACTIVITIES INVOLVING PLAYERS, HOSPITALITY AND VOLUNTEERS. TO FULFILL ITS RESPONSIBILITIES UNDER THE AGREEMENT, PRO LINKS WILL ASSIGN VARIOUS EMPLOYEES AND CONTRACTORS TO THE PERFORMANCE OF SERVICES WITHIN THE AGREEMENT. THE AGREEMENT SHALL REMAIN IN EFFECT FROM ITS INITIAL TERM AND SHALL RUN CO-TERMINUS WITH THE TITLE SPONSOR AGREEMENT, INCLUDING ANY RENEWALS OR EXTENSIONS. THE ORGANIZATION COMPENSATES PRO LINKS FOR ALL EMPLOYMENT AND TOURNAMENT EXPENSES AS OUTLINED IN THE AGREEMENT. IN ADDITION, THE ORGANIZATION PAYS AN ANNUAL MANAGEMENT FEE, TOTALING $531,307 FOR THE FISCAL YEAR ENDED MAY 31, 2023, PLUS AN ANNUAL PERFORMANCE BONUS BASED ON NET TOURNAMENT PROCEEDS (AS DEFINED IN THE AGREEMENT). THE ORGANIZATION PAID PRO LINKS APPROXIMATELY $2,340,000 FOR THE YEAR ENDED MAY 31, 2023. THIS AMOUNT INCLUDES EMPLOYMENT AND TOURNAMENT EXPENSES, ANNUAL MANAGEMENT FEE, AND ANNUAL PERFORMANCE BONUS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DESCRIBED IN THE ORGANIZATION'S BYLAWS. ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES HAVE BEEN MADE AWARE OF THE POLICY AND ARE EXPECTED TO DISCLOSE ANY POTENTIAL CONFLICTS AND TO RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE RELATED TO THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT OF THE ORGANIZATION IS DETERMINED THROUGH A PROCESS BY WHICH INFORMATION IS GATHERED REGARDING SALARIES PAID TO INDIVIDUALS IN SIMILAR POSITIONS AT OTHER ORGANIZATIONS. THIS INFORMATION IS USED TO HELP THE BOARD ARRIVE AT THE PRESIDENT'S COMPENSATION PACKAGE, WHICH IS SPELLED OUT IN A FORMAL EMPLOYMENT CONTRACT. THE ORGANIZATION HAS TWO OFFICERS OTHER THAN THE PRESIDENT AND NO OTHER KEY EMPLOYEES. THEIR COMPENSATION IS PROPOSED BY THE PRESIDENT, BASED UPON COMPENSATION PAID FOR SIMILAR POSITIONS IN OTHER ORGANIZATIONS, AND IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION NOTES THAT IT IS NOT REQUIRED TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 THE FORMS 1023 AND 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR.