2023-09-05T10:26:38-05:00 2022-12-31 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-01-01 410795254 THE ARC MINNESOTA INC ARCM 9529200855 641 FAIRVIEW AVE 195 ST PAUL MN 55104 JESSICA THOMPSON CHIEF FINANCIAL OFFICER 9529200855 2023-08-29 1 JESSICA THOMPSON XXX-XX-XXXX 1 KAREN A GRIES P00078514 6128764500 2023-08-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREA ZUBER 641 FAIRVIEW AVE 195 ST PAUL MN 55104 11919616 0 2177 X WWW.ARCMINNESOTA.ORG X 1948 MN THE ARC MINNESOTA PROVIDES INFORMATION AND ASSISTANCE TO SUPPORT PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES STATEWIDE. 23 23 254 2430 0 0 5458495 2896264 1660566 2019356 116525 87252 5595626 5166508 12831212 10169380 327336 503297 0 0 5889237 6207085 0 0 586427 4065078 3878026 10281651 10588408 2549561 -419028 7527865 10170556 1062958 4869152 6464907 5301404 X THE ARC PROMOTES AND PROTECTS THE HUMAN RIGHTS OF PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, ACTIVELY SUPPORTING THEM AND THEIR FAMILIES IN A LIFETIME OF FULL INCLUSION AND PARTICIPATION IN THEIR COMMUNITIES. 0 0 2514490 452194 1760243 PUBLIC POLICY AND SYSTEMS ADVOCACY:3,522 PEOPLE ENGAGED IN PUBLIC POLICY WITH THE ARC MINNESOTA IN 2022. THESE INDIVIDUALS CONTRIBUTED 17,020 HOURS OF VOLUNTEER SERVICE TO ADVANCE PUBLIC POLICY GOALS. THE CAPITOL CONNECTOR E-NEWSLETTER INFORMED 941 PEOPLE ABOUT THE ONGOING PUBLIC POLICY EFFORTS OF THE ARC MINNESOTA. POLICY ISSUES INCLUDE EDUCATION, EMPLOYMENT, HEALTH AND HUMAN SERVICES, AND HOUSING. THE ARC MINNESOTA HAS CONTRACTS WITH THE MINNESOTA DEPARTMENT OF HUMAN SERVICES TO PROVIDE HOUSING ACCESS SERVICES, HOUSING STABILIZATION SERVICES, AND TRANSITION SERVICES AIMED AT HELPING PEOPLE WITH DISABILITIES AND THOSE EXPERIENCING HOUSING INSTABILITY ACCESS AFFORDABLE, ACCESSIBLE, INCLUSIVE HOUSING OF EACH PERSON'S CHOICE IN THEIR COMMUNITIES. HOUSING TEAM MEMERS ALSO CONNECT PEOPLE WITH OTHER RESOURCES, SERVICES, AND SUPPORTS THAT WILL HELP LEAD TO STABLE AND SUSTAINABLE HOUSING LONG-TERM. IN 2022, THE HOUSING TEAM HELPED 425 PEOPLE MOVE INTO AND/OR SUSTAIN HOMES OF THEIR OWN AND FIELDED 2,480 UNIQUE CALLS ABOUT HOUSING SERVICES. 795203 49728 192034 INDIVIDUAL ADVOCACY AND SUPPORT:THE ARC STAFF PROVIDED FREE, INDIVIDUALIZED ASSISTANCE TO 1,186 PEOPLE ACROSS THE STATE, EITHER THROUGH PHONE CONSULTATION, EMAIL SUPPORT OR INTENSIVE ONE-TO-ONE IN PERSON SUPPORT. 45,741 PEOPLE ACCESSED OUR SELF-GUIDED, ONLINE ADVOCACY TOOLS AND RESOURCES. 278364 30035 PLANNING SERVICES:IN 2022, THE ARC MINNESOTA TRANSITIONED AWAY FROM BILLABLE PLANNING SERVICES AVAILABLE ONLY FOR PEOPLE WHO COULD PRIVATELY PAY FOR THE SERVICE, OR WHO ACCESS WAIVER SERVICES TO A FREE, EQUITABLE INDIVIDUALIZED COACHING PROGRAM. THIS NEW SERVICE HAS THE SAME GOAL OF HELPING INDIVIDUALS WHO HAVE INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES PLAN FOR THEIR FUTURES. THIS INCLUDES A COMPREHENSIVE ASSESSMENT OF THEIR CURRENT REALITY, THEIR PERSONAL AND FAMILY GOALS, AND GUIDE THE FRAMEWORK FOR BUILDING A HIGH QUALITY OF LIFE. NOT ONLY DO THEY DETERMINE A FUTURE PLAN, BUT THE ARC STAFF LEAD THEM IN DEVELOPING THE IMPORTANT ACTIONS NEEDED TO ACHIEVE THE GOALS FOR THEIR FAMILY MEMBER, AND IDENTIFY WHO WILL SUPPORT THEIR LOVED ONE NOW AND IN THE FUTURE. 5490139 1375 37044 PUBLIC AWARENESS, MEMBERSHIP AND VOLUNTEER ENGAGEMENT. PUBLIC AWARENESS OUTREACH ABOUT INTELLECTUAL AND DEVELOPMENTAL DISABILITIES INCLUDE WEBSITE (95,766 PAGE VISITORS), THE ARC FACEBOOK PAGE (7,273 FOLLOWERS), ARC'S VALUE VILLAGE FACEBOOK PAGE (14,583 FOLLOWERS), TWITTER (1,555 FOLLOWERS), LINKEDIN (992 FOLLOWERS), E-NEWSLETTER (7,423 SUBSCRIBERS). IN ADDITION, MESSAGES ABOUT THE ARC ARE INCLUDED IN ALL ARC'S VALUE THRIFT STORE AND DONATION CENTER COMMUNICATIONS, REACHING 700,000+ SHOPPERS, DONORS, AND VOLUNTEERS. VOLUNTEERING IS ANOTHER WAY INDIVIDUALS CONNECT WITH THE ARC. VOLUNTEERS PROVIDED 27,190 HOURS IN SUPPORT OF THE ARC MINNESOTA'S PROGRAMS AND SERVICES, AND 30,660 HOURS IN THE OPERATIONS OF THE ARC'S VALUE VILLAGE THRIFT STORES. 5490139 1375 37044 9078196 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 204 0 1 254 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 23 23 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MN X X JESSICA THOMPSON 9529200855 641 FAIRVIEW AVE SUITE 195 ST PAUL MN 55104 NATE SCOTT CO-CHAIR 1.00 X X 0 0 0 STAN ALLEYNE CO-CHAIR 1.00 X X 0 0 0 STEPHEN ASTRUP VICE-CHAIR 1.00 X X 0 0 0 NANCY FITZSIMONS SECRETARY 1.00 X X 0 0 0 JON ALEXANDER TREASURER 1.00 X X 0 0 0 BRETT NELSON DIRECTOR 1.00 X 0 0 0 HUDA YUSUF DIRECTOR 1.00 X 0 0 0 JULIE PEIRSON DIRECTOR 1.00 X 0 0 0 JULES EDWARDS DIRECTOR 1.00 X 0 0 0 DARLA NEMEC DIRECTOR 1.00 X 0 0 0 KIM NORTON DIRECTOR 1.00 X 0 0 0 GINA DIMAGGIO DIRECTOR 1.00 X 0 0 0 LYNN KLABER DIRECTOR 1.00 X 0 0 0 MIKE ANDERSON DIRECTOR 1.00 X 0 0 0 MAREN CHRISTENSON HOFER DIRECTOR 1.00 X 0 0 0 MIKE WALL DIRECTOR 1.00 X 0 0 0 MARY LIDDICOAT DIRECTOR 1.00 X 0 0 0 PEGGY O'TOOLE-MARTIN DIRECTOR 1.00 X 0 0 0 MAURICE BLANKS DIRECTOR 1.00 X 0 0 0 POPPY SUNDQUIST DIRECTOR 1.00 X 0 0 0 RACHEL FREEMAN DIRECTOR 1.00 X 0 0 0 SANDY MOORE DIRECTOR 1.00 X 0 0 0 TIM ALLEN DIRECTOR 1.00 X 0 0 0 ANDREA ZUBER CHIEF EXECUTIVE OFFICER 40.00 X 180063 0 16151 JESSICA THOMPSON CHIEF FINANCIAL OFFICER 40.00 X 148885 0 27534 NICK BOERUM CHIEF ADVANCEMENT OFFICER 40.00 X 116208 0 14219 ALICIA MUNSON CHIEF PROGRAM OFFICER 40.00 X 111205 0 17143 DUSTIN SMITH CHIEF HUMAN RESOURCES OFFICER 40.00 X 110988 0 7929 667349 0 82976 5 0 1 0 FOUNDATION TECHNOLOGIES 250 MARQUETTE AVE S STE 225 MINNEAPOLIS MN 55401 IT MANAGED SERVICE PROVIDER 159320 ATOMIC DATA LLC 250 MARQUETTE AVE S STE 225 MINNEAPOLIS MN 55401 IT MANAGED SERVICE PROVIDER 129619 2 5000 582 457058 2433624 1428995 2896264 STATE CONTRACTS 900099 1421984 1421984 REGISTRATION FEES AND 900099 592372 592372 CHAPTER FAIR SHARE FEE 900099 5000 5000 2019356 81557 81557 26001 20306 5695 5695 5695 368562 457058 156327 212235 212235 6527876 1573603 4954273 4954273 10169380 2019356 0 5253760 104832 104832 398465 398465 503058 434132 35370 33556 4446913 3831447 315831 299635 38609 33731 2503 2375 644115 562737 41760 39618 574390 515275 30335 28780 7930 7930 288817 288817 40402 40402 333682 306919 26763 60156 57924 582 1650 233859 167511 16965 49383 1812669 1750476 31915 30278 49176 35765 11573 1838 15336 15336 136281 121621 7523 7137 89268 83856 2777 2635 EQUIPMENT & MAINTENANCE 341024 285906 19649 35469 FINANCIAL CHARGES AND O 218459 187778 30681 SUPPLIES 154391 128025 713 25653 MISCELLANEOUS 48885 48896 -21 10 47691 7564 38480 1647 10588408 9078196 923785 586427 1878705 495771 277405 245622 752594 163901 72222 121423 114718 470391 247481 2414739 1860801 407540 553938 3723214 3230390 517069 4426037 7527865 10170556 572706 401500 227634 142870 193883 176220 68735 4148562 1062958 4869152 X 5896500 4351577 568407 949827 6464907 5301404 7527865 10170556 X -419028 -565320 136333 -315488 X 0 1 X 1 0 X 3570473 3649017 4453430 5458495 2896264 20027679 1569526 1513077 1543963 1660566 2019356 8306488 5139999 5162094 5997393 7119061 4915620 28334167 103128 76495 121408 7869 78226 387126 1285719 1244960 1297478 941602 1372012 6141771 1388847 1321455 1418886 949471 1450238 6528897 21805270 146670 139417 58890 53805 81557 480339 146670 139417 58890 53805 81557 480339 5286669 5301511 6056283 7172866 4997177 28814506 0.75670 0.75390 0.01670 0.01780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8159 626 8785 10579623 10588408 679420 169855 0 0 696203 621986 632190 679420 2629799 3944699 200621 57560 19321 8785 286287 174051 155497 158048 169855 657451 986177 173692 38462 14298 8159 234611 PART I-A, LINE 1: THE ORGANIZATION EDUCATES PEOPLE ON PENDING LEGISLATION, AND ENCOURAGES CONSTITUENTS TO CONTACT THEIR POLICYMAKERS THROUGH DAY AT THE CAPITOL EVENTS, TELLING THEIR STORIES THROUGH VERBAL AND WRITTEN TESTIMONY, AND RESPONDING TO ACTION ALERTS. THE ORGANIZATION DIRECTLY LOBBIES MEMBERS OF THE MINNESOTA STATE LEGISLATURE IN REGARD TO BILLS OF INTEREST TO PEOPLE WHO HAVE INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. 704740 -153084 16070 535586 531927 188120 15307 704740 393404 26569 15326 404647 353298 55808 15702 393404 300199 -16046 14381 -83526 353298 0.00000 0.61539 0.38461 0 0 2414739 1860801 553938 553938 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS (ENDOWMENTS) 520259 DEPOSITS AND OTHER ASSETS 42687 RIGHT OF USE ASSETS - OPERATING 3694095 RIGHT OF USE ASSETS - FINANCING 168996 4426037 LEASE LIABILITIES 4148562 4148562 X 4281205 -565320 26149 -539171 4820376 40402 5308602 5349004 10169380 5265553 26149 26149 5239404 40402 5308602 5349004 10588408 PART V, LINE 4: THE QUASI ENDOWMENT FUNDS ARE INTENDED TO PROVIDE GENERAL OPERATING FUNDS DURING PERIODS OF LOWER FUNDING, AS WELL AS PROVIDE FUNDS FOR FUTURE PROGRAM DEVELOPMENT AND IMPLEMENTATION IN LINE WITH THE STRATEGIC GOALS OF THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION FOR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021. PART XI, LINE 4B - OTHER ADJUSTMENTS: VALUE VILLAGE EXPENSES REPORTED NET OF REVENUES ON AUDIT 5,308,602. PART XII, LINE 4B - OTHER ADJUSTMENTS: VALUE VILLAGE EXPENSES REPORTED NET OF REVENUES ON AUDIT 5,308,602. GALA 743977 402329 341648 47000 53092 16900 15623 GOLF EVENTS 73429 54729 18700 19277 1021 3 8214 8214 3414 825620 457058 368562 66277 53092 16900 20058 156327 212235 1 ARC NORTHLAND 424 W SUPERIOR ST STE 500 DULUTH MN 55802 416042720 501(C)(3) 37102 0 CHAPTER SUPPORT FEES LATINO YOUTH DEVELOPMENT COLLABORATIVE 5247 GIRARD AVE S MINNEAPOLIS MN 55419 800813982 501(C)(3) 20000 0 SUBCONTRACT MINNESOTA AUTISTIC ALLIANCE 100 W 46TH ST 30B MINNEAPOLIS MN 55419 861998598 501(C)(3) 20000 0 SUBCONTRACT THE DIVERSITY COUNCIL 1130 1/2-7TH ST NW ROCHESTER MN 55901 411709139 501(C)(3) 14730 0 SUBCONTRACT 4 0 HOUSING ASSISTANCE 525 348487 MICROGRANTS 40 39773 DONOR-FUNDED GRANTS 25 10205 PART I, LINE 2: HOUSING ASSISTANCE - IN MOST CASES THE FUNDS ARE PAID DIRECTLY TO LANDLORDS, MOVING COMPANIES AND OTHERS WHO PROVIDE HOUSING ASSISTANCE TO INDIVIDUAL GRANTEES. MICROGRANTS - IN MOST CASES, THE FUNDS ARE USED FOR THE PURCHASE OF GOODS AND SERVICES ON BEHALF OF THE INDIVIDUAL GRANTEES. DONOR FUNDED GRANTS - IN MOST CASES, SMALL AMOUNTS ARE USED TO PURCHASE GOODS AND SERVICES ON BEHALF OF INDIVIDUALS WHO APPLY FOR GRANTS THAT CAN SUPPORT THEIR COMMUNITY INCLUSION GOALS. TECHNOLOGY GRANTS - IN MOST CASES, TECHNOLOGY EQUIPMENT IS PURCHASED ON BEHALF OF GRANTEES FOR THE PURPOSE OF STRENGTHENING REMOTE OR SOCIALLY DISTANCED COMMUNITY CONNECTIONS. X X X X 0 0 0 0 0 0 0 0 0 ANDREA ZUBER CHIEF EXECUTIVE OFFICER 179925 0 0 0 138 0 9003 0 7148 0 196214 0 0 0 JESSICA THOMPSON CHIEF FINANCIAL OFFICER 148831 0 0 0 54 0 1752 0 25782 0 176419 0 0 0 X 1428695 FMV X OFFICE DECORATIONS 1 300 FMV 0 0 0 1 PART I, COLUMN (B): THE NUMBER ON COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: A THIRD PARTY RECEIVES AND PROCESSES AUTOS DONATED FOR THE BENEFIT OF ARC. THE THIRD PARTY RECEIVES THE AUTOS, PROCESSES ALL PAPERWORK, AND PROVIDES RECEIPT DOCUMENTATION FOR THE DONORS. THE CASH RECEIVED BY ARC RELATED TO THIS ACTIVITY IS REPORTED IN CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS KNOWN AS LOCAL CHAPTERS IN ACCORDANCE WITH ITS BYLAWS. A LOCAL CHAPTER MUST MEET THE FOLLOWING QUALIFICATIONS AND REQUIREMENTS IN ORDER TO BE A LOCAL CHAPTER OF THIS ORGANIZATION. - THE LOCAL CHAPTER'S PURPOSE IS, AT LEAST IN SUBSTANTIAL PART, TO ADDRESS THE NEEDS, ISSUES AND CONCERNS OF PEOPLE WITH I/DD AND THEIR FAMILIES. - THE LOCAL CHAPTER HAS EXEMPT STATUS UNDER SECTION 501 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR SUCCESSOR PROVISIONS, OR HAS APPLIED FOR SUCH STATUS. - THE LOCAL CHAPTER PLEDGES TO ADVANCE AND UPHOLD, AND STRIVES TO CONDUCT ITS OPERATIONS IN A MANNER CONSISTENT WITH, THE MISSION, CORE VALUES AND GUIDING PRINCIPLES, POSITION STATEMENTS AND PUBLIC POLICY AGENDA OF THE CORPORATION AS THEY EXIST AND MAY, IN ACCORDANCE WITH THE PROCESS DESCRIBED IN THESE BYLAWS, BE REVISED FROM TIME TO TIME. - THE LOCAL CHAPTER MEANINGFULLY INVOLVES PARENTS AND FAMILY MEMBERS OF PEOPLE WITH I/DD, AND INDIVIDUALS WITH I/DD, IN LEADING AND GUIDING THE CHAPTER. - THE LOCAL CHAPTER HAS APPLIED FOR AND BEEN ACCEPTED INTO MEMBERSHIP UNDER PROCEDURES ESTABLISHED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION. - THE LOCAL CHAPTER PAYS AFFILIATION FEES IN ACCORDANCE WITH THE FEES SCHEDULE ESTABLISHED BY THE BOARD OF DIRECTORS OF THE CORPORATION IN THE MANNER DESCRIBED BY THE ORGANIZATION'S BYLAWS. - THE LOCAL CHAPTER PROMINENTLY IDENTIFIES ITSELF TO THE PUBLIC AS A CHAPTER OF THE ARC MINNESOTA AND THE ARC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION MAY BE NONPROFIT CORPORATIONS THAT MEET THE QUALIFICATIONS AND REQUIREMENTS TO BE AN AFFILIATED LOCAL CHAPTER OF THE ORGANIZATION AS SET FORTH IN THE BYLAWS. THE MEMBERS VOTE ON THE SLATE OF MEMBERS OF THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE ANY CHANGES TO THE BYLAWS THAT RELATE TO THE DEFINITION OF THE QUORUM FOR MEMBER VOTES, OR CHANGES TO BOARD TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE DETAIL OF FORM 990 AT A FINANCE COMMITTEE MEETING. A COPY IS THEN PRESENTED TO THE MEMBERS OF THE BOARD OF DIRECTORS WITH A SUMMARY PRESENTATION AT A BOARD MEETING PRIOR TO FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION FOLLOWS PROCEDURES DETAILED IN ITS BOARD POLICY MANUAL AND ADDRESSES POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. THE POLICY IS INTENDED TO COMPLY WITH THE PROCEDURE PRESCRIBED IN MINNESOTA STATUTES, SECTION 317A 255, GOVERNING CONFLICTS OF INTEREST FOR DIRECTORS OF NONPROFIT CORPORATIONS. THE POLICY COVERS THE FOLLOWING INDIVIDUALS (INTERESTED PERSONS): - BOARD MEMBERS - STAFF - MEMBERS OF A COMMITTEE OR TASK FORCE. A POTENTIAL OR ACTUAL CONFLICT OF INTEREST OCCURS WHEN A PERSON IS IN A POSITION TO INFLUENCE A DECISION THAT MAY RESULT IN A PERSONAL GAIN FOR THE INDIVIDUAL OR AN IMMEDIATE FAMILY MEMBER (I.E. SPOUSE, DOMESTIC PARTNER, OR SIGNIFICANT OTHER, CHILDREN, PARENTS, SIBLINGS) AS A RESULT OF THE ARC'S BUSINESS DEALINGS. AN INTERESTED PERSON MUST DISCLOSE TO THE BOARD MEMBERS IF A POTENTIAL CONFLICT OF INTEREST EXISTS. AFTER AN INTERESTED PERSON DISCLOSES THE POTENTIAL CONFLICT OF INTEREST, THE OTHER BOARD MEMBERS WILL DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE BOARD WILL ALSO DECIDE HOW TO MOVE FORWARD. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE BOARD WILL HOLD A VOTE REGARDING THE CONFLICT OF INTEREST ACTIVITY. THE INTERESTED PERSON WILL NOT BE ALLOWED TO VOTE ON THIS PROCESS, NOR WILL THEY BE ABLE TO DISCUSS WITH THE OTHER BOARD MEMBERS REGARDING THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS IDENTIFIES DISQUALIFIED PERSONS FOR THE PURPOSE OF OBTAINING COMPARATIVE COMPENSATION FOR THOSE POSITIONS. THE COMMITTEE REVIEWS AND APPROVES APPROPRIATE STRATEGIES AND PROCESSES FOR THE ARC MINNESOTA'S POLICIES AND PRACTICES REGARDING COMPENSATION OF DISQUALIFIED PERSONS. THE COMMITTEE CONSIDERS THE REASONABLENESS AND APPROPRIATENESS OF COMPENSATION AND BENEFITS IN RELATION TO THE MARKETPLACE AND COMPARATIVE DATA. THE RECOMMENDATIONS OF THE COMMITTEE ARE FORWARDED TO THE FULL BOARD FOR APPROVAL. MANAGEMENT OBTAINS MARKET BENCHMARKS OF COMPARABLE SALARIES FOR ALL OFFICERS AND KEY EMPLOYEES NOT REVIEWED BY THE COMPENSATION COMMITTEE. THIS DATA IS USED TO SET BASELINE SALARIES AND ANY SIGNIFICANT INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL AUDIT REPORT, THE ANNUAL OPERATING BUDGET AND FORM 990 ARE POSTED ON THE AGENCY WEBSITE. IN ADDITION, A COPY WILL BE MADE AVAILABLE UPON REQUEST. OTHER GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CUMULATIVE EFFECT OF ACCOUNTING STANDARD ADOPTION -315,488.