2023-11-13T13:56:52-06:00 2022-12-31 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2022-01-01 740490865 THE ASSOCIATION OF FORMER STUDENTS OF TEXAS A&M UNIVERSITY ASSO 9798457514 505 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 ANDREW ARIZPE VICE PRESIDENT & CFO 9798457514 2023-11-13 1 ANDREW ARIZPE 999009999 1 KIRBY ROSS P00298143 9724901970 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDREW ARIZPE 505 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 92957840 0 X WWW.AGGIENETWORK.COM X 1879 TX OUR VISION IS SIMPLE, YET BOLD: "THE ASSOCIATION OF FORMER STUDENTS WILL BE THE PREMIER ALUMNI ORGANIZATION". 17 17 186 1000 1028323 64717 34245155 62982753 3802247 4730892 3986822 5496637 4893380 1238762 46927604 74449044 5582982 36996030 0 0 7700862 8296051 326445 546268 4059353 6354802 7414153 19965091 53252502 26962513 21196542 202537498 216039404 9844959 12618586 192692539 203420818 X TO STRENGTHEN THE ASSOCIATION OF FORMER STUDENTS, PROMOTE THE INTERESTS AND WELFARE OF TEXAS A&M UNIVERSITY, PERPETUATE TIES OF AFFECTION AND ESTEEM FORMED IN UNIVERSITY OR COLLEGE DAYS, AND SERVE THE STUDENT BODY. 1 0 31078754 31078754 AS PART OF OUR MISSION TO "PERPETUATE THE TIES OF AFFECTION AND ESTEEM FORMED DURING UNIVERSITY OR COLLEGE DAYS", THE ASSOCIATION OF FORMER STUDENTS PROVIDES MULTIPLE FORUMS FOR AGGIES TO RECONNECT. THE ASSOCIATION OF FORMER STUDENTS DEVELOPED AGGIE PARK, AN AREA OF 20 ACRES. THIS PREMIER GREEN SPACE UNITES AGGIES TO FOSTER RELATIONSHIPS, PERPETUATES OUR CHERISED TRADITIONS AND VALUES, AND SHOWCASES OUR UNIVERSITY'S REPUTATION FOR EXCELLENCE. THE ASSOCIATION RAISED FUNDS FOR THESE PROJECTS FROM PRIVATE DONORS. SEE MORE INFORMATION ON SCHEDULE O. 5917276 5917276 AS PART OF OUR MISSION SUPPORT, THE ASSOCIATION OF FORMER STUDENTS IS PROUD TO COMMIT A PORTION OF EVERY DOLLAR WE RAISE TO TEXAS A&M UNIVERSITY IN THE FORM OF CASH AND SERVICES SUPPORT TO FUND ACADEMIC PROGRAMS, SCHOLARSHIPS, DEPARTMENTAL FUNDING AND STUDENT INVOLVEMENT, AS WELL AS FACULTY AND STAFF RECOGNITION PROGRAMS. THESE FUNDS PERPETUATE THE AGGIE SPIRIT AND SUPPORT THE PRIMARY PURPOSE OF THE ASSOCIATION. SEE MORE INFORMATION ON SCHEDULE O. 3782616 1462631 THE ASSOCIATION'S FORMER STUDENT PROGRAMS WORK DIRECTLY WITH REPRESENTATIVES OF EACH GRADUATING CLASS OF TEXAS A&M TO ENSURE REGULAR COMMUNICATIONS WITH EVERY FORMER STUDENT. IN ADDITION, THEY HOST CLASS REUNIONS, RECEPTIONS, AND OTHER SPECIAL EVENTS TO FOSTER STRONG TIES AMONG FORMER STUDENTS AND TEXAS A&M AND GENERATE SUPPORT FOR THE UNIVERSITY. SEE MORE INFORMATION ON SCHEDULE O. 4972666 2895669 TOTAL: EXPENSES: 4,972,666 REVENUE: 2,895,669TEXAS A&M UNIVERSITY: EXPENSES: 3,709,939CLAYTON W. WILLIAMS, JR. ALUMNI CENTER: EXPENSES: 782,991 TEXAS AGGIE MAGAZINE: EXPENSES: 479,736THE ASSOCIATION OF FORMER STUDENTS IS PROUD TO SUPPORT STUDENTS THROUGH ACTIVITIES, SCHOLARSHIPS, ACADEMIC SUPPORT, PROGRAMS, AWARDS AND CAREER SERVICES. OUR CAMPUS PROGRAMS TEAM WORKS CLOSELY WITH STUDENTS AND STUDENT ORGANIZATIONS, DEVELOPS PARTNERSHIPS TO PROMOTE STUDENTS' ENDEAVORS AND EXPOSES CURRENT STUDENTS TO THE ASSOCIATION AND THE WORLDWIDE AGGIE NETWORK. THROUGH DAY-TO-DAY INVOLVEMENT WITH STUDENTS AND BY SPONSORING EVENTS SUCH AS AGGIE RING DAY AND THE ALL-AGGIE GRAD PARTY, OUR CAMPUS PROGRAMS TEAM STRIVES TO BRING THE ASSOCIATION AND THE AGGIE NETWORK TO ALL AGGIES WHILE ON CAMPUS. IN ADDITION TO WORKING WITH STUDENTS, OUR CAMPUS PROGRAMS TEAM FOSTERS RELATIONSHIPS WITH UNIVERSITY ADMINISTRATORS, FACULTY AND STAFF, AND COORDINATES EFFORTS WITH THE UNIVERSITY ON ASSOCIATION-FUNDED PROJECTS, PROGRAMS AND AWARDS. THE AGGIE RING IS ONE OF OUR MOST WELL-KNOWN AND EASILY RECOGNIZED SYMBOLS OF THE AGGIE NETWORK. STUDENTS EARN THE AGGIE RING BASED ON CREDIT HOURS COMPLETED AT TEXAS A&M AND MAY SELECT THE CLASS YEAR (WITHIN LIMITATIONS) TO APPEAR ON THEIR AGGIE RING. EACH QUALIFIED STUDENT CAN CHOOSE THE FINISH FOR THEIR RING AND MAY OPT TO PLACE A DIAMOND IN THE SHIELD. OTHERWISE, THE AGGIE RING IS EXACTLY THE SAME FOR EVERY AGGIE OTHER THAN THE NAME ENGRAVED ON THE INSIDE - WHICH UNDOUBTEDLY CONTRIBUTES TO ITS GLOBAL RECOGNITION. THE ASSOCIATION OF FORMER STUDENTS MANAGES THE AGGIE RING PROGRAM WITH ORDERS TAKEN THROUGHOUT THE YEAR IN OUR AGGIE RING OFFICE. STUDENTS RECEIVE THEIR AGGIE RINGS DURING ONE OF THE ASSOCIATION'S AGGIE RING DAYS, WHICH DRAW THOUSANDS OF AGGIE STUDENTS, THEIR FAMILIES AND FRIENDS TOGETHER AT THE CLAYTON W. WILLIAMS, JR. ALUMNI CENTER FOR A CELEBRATION OF THIS MOMENTOUS MILESTONE. IN ADDITION TO SERVING CURRENT STUDENTS IN THE ORDERING PROCESS, OUR AGGIE RING OFFICE ALSO ASSISTS WITH RESIZING, REPAIRS AND REPLACEMENTS AND FACILITATES REPORTING OPPORTUNITIES FOR THOSE WHO HAVE LOST OR FOUND AN AGGIE RING. FIVE AGGIE RING COLLECTIONS, LOCATED IN THE CLAYTON W. WILLIAMS, JR. ALUMNI CENTER, DISPLAY NUMEROUS AGGIE RINGS DATING BACK TO 1890. THE COLLECTIONS ARE A HIGHLIGHT ATTRACTION ON THE A&M CAMPUS AND DRAW MANY VISITORS EACH YEAR. IN OCTOBER 2009, THE ASSOCIATION OF FORMER STUDENTS' BOARD OF DIRECTORS FORMALLY ESTABLISHED THE AGGIE RING SCHOLARSHIP PROGRAM. THROUGH THIS SPECIAL GIVING OPPORTUNITY, FORMER STUDENTS AND FRIENDS OF TEXAS A&M CAN HELP ENSURE THAT THE AGGIE RING IS AVAILABLE TO EVERY AGGIE WHO HAS EARNED THE RIGHT TO WEAR ONE. THE AGGIE RING IS ONE OF THE MOST RECOGNIZABLE PIECES OF JEWELRY IN THE WORLD. ONE OF THE MOST MEANINGFUL AND SOLEMN EVENTS HOSTED BY THE ASSOCIATION, AGGIE RING REMEMBRANCE IS A VERY SPECIAL CEREMONY IN WHICH THE FAMILY OF AGGIE STUDENTS WHO PASSED AWAY WHILE ENROLLED AT TEXAS A&M RECEIVE AN AGGIE RING CREST MOUNTED ON A BRONZE MEDALLION REMEMBERING AND HONORING THEIR CHILD OR SPOUSE. THIS SPECIAL CEREMONY IS HELD AT THE WILLIAMS ALUMNI CENTER PRIOR TO CAMPUS MUSTER EACH YEAR. HELD AT THE END OF THE FIRST DAY OF NEW STUDENT CONFERENCES, HOWDY SOCIALS WELCOME INCOMING STUDENTS AND THEIR FAMILIES TO THE CLAYTON W. WILLIAMS, JR. ALUMNI CENTER, THE AGGIE NETWORK AND THE BROADER BRYAN-COLLEGE STATION COMMUNITY. HOSTED BY THE ASSOCIATION OF FORMER STUDENTS PRIOR TO THE BEGINNING OF EACH FALL SEMESTER, HOWDY WEEK GATHERING IS DESIGNED TO WELCOME NEW STUDENTS TO CAMPUS AND PROVIDE THEM AN OPPORTUNITY TO MINGLE WITH CLASSMATES WHILE ENJOYING FREE FOOD AND DRINKS IN A FESTIVE ENVIRONMENT, ALONG WITH THEIR FIRST ON- CAMPUS YELL PRACTICE OF THE YEAR. STUDENTS ARE ENCOURAGED TO TRY ON AN AGGIE RING WITH THEIR CLASS YEAR, FURTHER BUILDING THE ANTICIPATION OF ONE DAY WEARING THEIR OWN RING. HOSTED BY THE ASSOCIATION OF FORMER STUDENTS, THIS MULTI-DAY CELEBRATION HONORS STUDENTS WHO ARE GRADUATING EACH SEMESTER. THE GRADUATION CELEBRATION ALLOWS STUDENTS TO LEARN MORE ABOUT THEIR ROLE AS FORMER STUDENTS AS WELL AS WAYS TO STAY CONNECTED THROUGH A&M CLUBS AND CONSTITUENT NETWORKS. IT ALSO PROVIDES AN OPPORTUNITY FOR STUDENTS TO MAKE THEIR CENTURY CLUB DONATION TO THE ASSOCIATION. THIS INFORMAL FAMILY EVENT MARKS THE OFFICIAL END OF THEIR TIME AS A STUDENT AND THE BEGINNING OF THEIR NEXT PHASE OF LIFE AS A FORMER STUDENT OF TEXAS A&M UNIVERSITY.THE ASSOCIATION OF FORMER STUDENTS IS PLEASED TO HOST A VARIETY OF EVENTS THROUGHOUT THE YEAR ALL OVER THE COUNTRY AS WELL AS IN THE PREMIER CLAYTON W. WILLIAMS, JR. ALUMNI CENTER. AS A 501(C)(3) CORPORATION, WHICH LEASES THE LAND ON WHICH OUR FACILITY RESIDES FROM THE STATE OF TEXAS, THE WILLIAMS ALUMNI CENTER MAY ONLY BE USED BY THE TEXAS A&M UNIVERSITY SYSTEM, TEXAS A&M UNIVERSITY, RECOGNIZED STUDENT ORGANIZATIONS OF TEXAS A&M UNIVERSITY AND AFFILIATES OF THE ASSOCIATION OF FORMER STUDENTS, INCLUDING CLASSES, A&M CLUBS AND CONSTITUENT NETWORKS. OUR EVENTS TEAM KNOWS THAT AN INDIVIDUAL'S FIRST IMPRESSION OF THE ASSOCIATION OF FORMER STUDENTS MAY BE MADE IN THE FIRST FEW MINUTES OF ATTENDING AN EVENT HELD IN THE WILLIAMS ALUMNI CENTER, REGARDLESS OF WHETHER THE EVENT IS ASSOCIATION-SPONSORED OR IS BEING HELD BY AN EXTERNAL GROUP. GIVEN THE ASSOCIATION'S VISION TO BE THE PREMIER ALUMNI ORGANIZATION, OUR EVENTS TEAM STRIVES TO ENSURE ALL EVENTS HELD IN THE WILLIAMS ALUMNI CENTER, AS WELL AS ALL ASSOCIATION-SPONSORED EVENTS, ARE PREMIER, WITH NO DETAIL BEING OVERLOOKED. THIS IMPORTANT TEAM OVERSEES THE ENTIRE PLANNING PROCESS AS WELL AS COORDINATES THE SETUP AND TEAR-DOWN OF EACH EVENT, GUIDANCE ON THE EVENT CHOREOGRAPHY AND ALL AUDIO/VIDEO NEEDS AND WORKS WITH THE CLIENT TO SECURE FOOD AND BEVERAGE NEEDS WITH OUR EXCLUSIVE CATERERS. ON HOME FOOTBALL GAME SATURDAYS, THE WILLIAMS ALUMNI CENTER BECOMES A HUB OF ACTIVITY FOR THE AGGIE NETWORK, AS WE DELIVER OUR BRAND PROMISE TO NURTURE BONDS THAT CAN LAST A LIFETIME. AGGIES AND THEIR FAMILIES AND FRIENDS CAN ENJOY FOOD AND BEVERAGES, CATCH ALL THE COLLEGE GAMES IN PROGRESS ON THE HUDDLESTON VIDEO WALL AND TAKE A KEEPSAKE PHOTO ON THE HAYNES RING PLAZA STARTING THREE HOURS BEFORE EVERY HOME GAME. WE ALSO FEATURE A LIVE BROADCAST FROM KYLE FIELD AND A RECORDING FROM A PREVIOUS HALFTIME SHOW, FEATURING THE FIGHTIN' TEXAS AGGIE BAND, ON THE HUDDLESTON VIDEO WALL FOR AGGIES WHO DO NOT HAVE A TICKET TO THE GAME. INCLUDED IN THE EVENTS OUR EVENTS TEAM PLANS AND EXECUTES EACH YEAR ARE:-AGGIE RING DAY -AGGIE RING REMEMBRANCE -ALL-AGGIE GRAD PARTY -ALL-AGGIE HULLABALOO -ALL-AGGIE TAILGATE -ASSOCIATION ACTIVITIES DURING BOWL GAMES AND SELECTED AWAY GAMES -BOARD AND LEADERSHIP COUNCIL MEETINGS -CLASS REUNIONS -CONSTITUENT NETWORK MEETINGS AND REUNIONS -DIAMOND CENTURY CLUB SPRING AND FALL RECOGNITION EVENTS -DISTINGUISHED ALUMNI GALA -ENDOWED CENTURY CLUB TAILGATE -EDOWED ACADEMIC SCHOLARSHIP LUNCHEON -ENDOWED AGGIE RING SCHOLARSHIP DINNER -GATHERING -GRADUATE STUDENT WINE TASTING -HOWDY SOCIALS -PASS IT BACK DAY -RING REMEMBERANCE -SUL ROSS GROUP REUNION -TEXAS A&M ADVOCACY NETWORK -AGGIES ON THE HILL AND ORANGE & MAROON LEGISLATIVE DAY -THANK AN AG DAY -TRAVELLING AGGIES REUNION 4972666 2895669 45751312 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 64 0 1 186 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA IL KS KY MD MA MI NJ NY NC OK OR PA RI SC TN UT VA WV WI X THE ASSOCIATION CO A ARIZPE CFO 9798457514 505 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 ARCH H BEAVER APLIN III MEMBER 5.00 X 0 0 0 CHARLES B BRAD BYNUM MEMBER 5.00 X 0 0 0 JOHN F DICKERSON MEMBER 5.00 X 0 0 0 LAURIE HILL GUTIERREZ MEMBER 5.00 X 0 0 0 ANNA CECEILIA CISSIE GONZALEZ MEMBER 5.00 X 0 0 0 MARK C HEROD SR MEMBER 5.00 X 0 0 0 BOBBY JENKINS MEMBER 5.00 X 0 0 0 JOHNITA DAVIS JONES MEMBER 5.00 X 0 0 0 SHARA B MCCLURE MEMBER 5.00 X 0 0 0 KEN ROBINSON MEMBER 5.00 X 0 0 0 LIAS J JEFF STEEN MEMBER 5.00 X 0 0 0 MARTIN E TORRIJOS MEMBER 5.00 X 0 0 0 ROBERT H WHIRE MEMBER 5.00 X 0 0 0 JOHN B ZACHRY MEMBER 5.00 X 0 0 0 DARA G HEGAR CHAIR OF THE BOARD 5.00 X X 0 0 0 ROBERT E BOB JORDAN CHAIR ELECT 5.00 X X 0 0 0 PAT C BEAIRD IMMEDIATE PAST CHAIR 5.00 X X 0 0 0 PORTER S GARNER III PRESIDENT AND CEO 40.00 X 540717 0 654657 NICHOLAS K TAUNTON VICE PRESIDENT 40.00 X 217912 0 64768 MARTIN W HOLMES VICE PRESIDENT 40.00 X 203635 0 46984 CECILEE C HERD VICE PRESIDENT 40.00 X 202619 0 63892 ANDREW ARIZPE VICE PRESIDENT - CFO 40.00 X 178939 0 55126 SCOT O WALKER VICE PRESIDENT 40.00 X 170232 0 39077 KATHERINE GREENWADE VICE PRESIDENT 40.00 X 37543 0 8423 PAUL A LUCHT DIRECTOR OF INFORMATION SYSTEMS 40.00 X 169464 0 38811 TRAVIS WHITE DIRECTOR OF DEVELOPMENT 40.00 X 116859 0 28485 JANICE QUAST DIRECTOR OF HUMAN RESOURCES 40.00 X 108110 0 28784 ANDREA CHRIETZBERG CONTROLLER 40.00 X 106101 0 40677 RANDY REYES DIRECTOR OF MARKETING 40.00 X 104246 0 44505 2156377 0 1114189 11 0 1 0 MIDWAY DEVELOPMENT GROUP 800 TOWN COUNTRY BLVD SUITE 200 HOUSTON TX 77024 ARCHITECT / AGGIE PARK DEVELOPMENT 28648386 JAMES R THOMPSON INC 8750 N CENTRAL EXPRESSWAY SUITE 18 DALLAS TX 75231 GENERAL CONTRACTOR 3382864 RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 FUNDRAISING CONSULTING 546268 UC INNOVATION INC 2855 MICHELLE SUITE 190 IRVINE CA 92606 SOFTWARE CONSULTING 484825 TEXAS A&M UNIVERSITY DIVISION OF FINANC MS 6000 COLLEGE STATION TX 778436000 GENERAL SERVICES 435671 14 62982753 14244272 62982753 RING COMMISSIONS 900004 2557559 2557559 REUNIONS/RECEPTIONS 900099 908216 908216 SUBSCRIPTION REVENUE 900099 554415 554415 TRAVEL COMMISSIONS 561510 496642 496642 TEXAS AGGIE ADVERTISEM 541800 201181 201181 12879 12879 4730892 5546775 5546775 913531 330500 583031 18458658 18414758 94038 43900 -94038 -50138 -50138 MISCELLANEOUS REVENUE 900099 325231 325231 325231 74449044 4358300 1028323 6079668 36996030 36996030 2484523 1112298 821148 551077 4331615 2269102 1020802 1041711 516009 282108 105003 128898 501072 267852 114181 119039 462832 235031 118315 109486 17216 6321 2645 8250 161113 161113 546268 546268 534117 196102 82060 255955 541823 297534 191924 52365 112676 73597 19643 19436 1395589 871449 274084 250056 694464 617951 41547 34966 229274 122331 75047 31896 1054554 730675 173520 150359 950352 596692 262991 90669 168749 112255 26824 29670 PRINTING AND TYPESETTIN 583367 348539 2332 232496 MAINTENANCE AND REPAIRS 513006 369448 99359 44199 MEMBERSHIP RECOGNITION 346087 1830 344257 MISCELLANEOUS EXPENSES 59714 39002 10412 10300 52052 44052 8000 53252502 45751312 3441837 4059353 15217382 11061410 2198404 1344659 12330461 37349220 4385882 2393583 782841 544763 39553543 16947598 24330399 22605945 142596592 136649087 695537 4090737 202537498 216039404 5578500 9206708 1797662 1243431 0 51981 2468797 2116466 9844959 12618586 X 44126992 49001441 148565547 154419377 192692539 203420818 202537498 216039404 21196542 -10468263 0 X X 0 1 X 1 0 X 12740701 16512563 21724886 34245155 54982446 140205751 12740701 16512563 21724886 34245155 54982446 140205751 140205751 4735335 4902883 4844904 4702877 6129806 25315805 329618 344649 119703 246857 64717 1105544 166627100 21123609 0.84140 0.74620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 161113 161113 49649552 49810665 1000000 250000 0 0 1000000 925502 980601 1000000 3906103 5859155 159786 166394 130938 161113 618231 250000 231376 245150 250000 976526 1464789 498275 X 0 132032578 6033587 -4881687 4202685 128981793 109063432 5378220 22258467 4667541 132032578 97444022 4343888 10719243 3443721 109063432 83598586 5593245 12175471 3923280 97444022 87032364 3299069 -6302560 430287 83598586 0.21181 0.50726 0.28092 1 0 32533152 12267227 20265925 1753486 1346919 406567 5266905 3333452 1933453 22605945 STOCKS, BONDS, AND OTHER SECURITIES 133876289 C MINERAL INTERESTS 2772798 F 136649087 DEPOSITS FOR RINGS 243384 PROVISIONS FOR CONTINUING PROJECTS 1873082 2116466 63446663 -10468263 -10468263 73914926 534118 534118 74449044 52718384 0 52718384 534118 534118 53252502 PART III, LINE 4: THE ASSOCIATION RECEIVED OVER THE YEARS AS DONATIONS A NUMBER OF BRONZES. IN 2009, THE ASSOCIATION COMMISSIONED AND INSTALLED A BRONZE 12 FOOT REPLICA OF A 1946 TEXAS AGGIE RING. THIS RING IS NOW DISPLAYED ON THE HAYNES RING PLAZA. PART V, LINE 4: THE ASSOCIATION OF FORMER STUDENTS' ENDOWMENT CONSISTS OF APPROXIMATELY 1,800 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. THE PURPOSE OF ALL FUNDS ALIGN WITH THE ORGANIZATION'S MISSION TO STRENGTHEN THE ASSOCIATION OF FORMER STUDENTS; PROMOTE THE INTERESTS AND WELFARE OF TEXAS A&M UNIVERSITY; PERPETUATE TIES OF AFFECTION AND ESTEEM FORMED IN UNIVERSITY OR COLLEGE DAYS; AND SERVE THE STUDENT BODY. X X X X 1 RUFFALO NOEL LEVITZ LLC 5249 N PARK PL NE 1061 CEDAR RAPIDS IA 52402 TELEMARKETING 0 1396627 546268 850359 1396627 546268 850359 AL AR CA CT FL GA IL KS KY MD MA MI NJ NY NC OK OR PA RI SC TN UT VA WV WI SCHEDULE G, PART I, LINE 2B, COLUMN (V) IN 2022, THE ASSOCIATION RETAINED RUFFALO NOEL LEVITZ LLC TO PERFORM TELEMARKETING SERVICES. ON AVERAGE, OUR ENGAGEMENT CENTER EMPLOYS 100 STUDENTS TO SOLICIT DONATIONS TO FURTHER OUR MISSION. AS WE REQUIRE THE VENDOR TO EMPLOY TEXAS A&M UNIVERSITY STUDENTS, IT PROVIDES CONNECTION WITH OUR FORMER AND CURRENT STUDENTS AND FUNDS FOR US TO USE TOWARDS MISSION SUPPORT. 0 TEXAS A&M UNIVERSITY 400 BIZZELL ST COLLEGE STATION TX 77843 746000531 501(C)(3) 36996030 0 SEE PART IV 1 PART I, LINE 2: THE ORGANIZATION EVALUATES AND MONITORS DONEES BASED ON PUBLIC AND PRIVATE DATA. PART II, LINE 1, COLUMN (H) OVER $31 MILLION WAS DONATETD TO TEXAS A&M UNIVERSITY FOR THE CONSTRUCTION OF AGGIE PARK. THE REMAINDER OF THE GRANT TO TEXAS A&M UNIVERSITY WAS FOR THE FOLLOWING ITEMS: SUPPORT OF STUDENTS THROUGH ACTIVITIES, SCHOLARSHIPS, ACADEMIC SUPPORT, PROGRAMS, AWARDS, AND CAREER SERVICES; DEVELOP PARTNERSHIPS TO PROMOTE STUDENTS' ENDEAVORS AND EXPOSES CURRENT STUDENTS TO THE ASSOCIATION AND THE WORLDWIDE AGGIE NETWORK; STRIVE TO BRING THE ASSOCIATION AND THE AGGIE NETWORK TO ALL AGGIES WHILE ON CAMPUS; AND FOSTER RELATIONSHIPS WITH UNIVERSITY ADMINISTRATORS, FACULTY AND STAFF, AND COORDINATES EFFORTS WITH THE UNIVERSITY ON ASSOCIATION-FUNDED PROJECTS, PROGRAMS, AND AWARDS. X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 PORTER S GARNER III PRESIDENT AND CEO 371615 0 145000 0 24102 0 624552 0 30105 0 1195374 0 230000 0 NICHOLAS K TAUNTON VICE PRESIDENT 181460 0 25000 0 11452 0 37961 0 26807 0 282680 0 0 0 CECILEE C HERD VICE PRESIDENT 166502 0 25000 0 11117 0 35666 0 28226 0 266511 0 0 0 MARTIN W HOLMES VICE PRESIDENT 185089 0 10000 0 8546 0 33675 0 13309 0 250619 0 0 0 ANDREW ARIZPE VICE PRESIDENT - CFO 158632 0 20000 0 307 0 32526 0 22600 0 234065 0 0 0 SCOT O WALKER VICE PRESIDENT 149910 0 20000 0 322 0 28900 0 10177 0 209309 0 0 0 PAUL A LUCHT DIRECTOR OF INFORMATION SYSTEMS 161187 0 7500 0 777 0 28677 0 10134 0 208275 0 0 0 PART I, LINE 1A THE ASSOCIATION PROVIDES THE PRESIDENT AND CEO A GOLF MEMBERSHIP AT PEBBLE CREEK COUNTRY CLUB. COUNTRY CLUB MEMBERSHIPS WERE INCLUDED ON THE PRESIDENT AND CEO'S FORM W-2'S AS TAXABLE INCOME. INFREQUENTLY, THE ASSOCIATION WILL USE A PRIVATE PLANE OR PRIVATE SHUTTLE FOR TRAVEL. ON OCCASION, WHEN CERTAIN EMPLOYEES ARE ATTENDING AN EVENT WHERE SPOUSES ARE ENCOURAGED TO ATTEND BECAUSE OTHER ATTENDEES WILL BE ACCOMPANIED BY THEIR SPOUSE, IT IS THE ASSOCIATION'S POLICY TO ALLOW SPOUSES AND OR COMPANIONS TO ATTEND WITH ADEQUATE EXPLANATION PRIOR TO THE TRAVEL AND ADEQUATE APPROVALS. TRAVEL FOR COMPANIONS IS INCLUDED ON FORM W-2 AS TAXABLE INCOME. PART I, LINE 4B IN 2021, THE ASSOCIATION ENTERED INTO A DEFERRED COMPENSATION PLAN. THE ASSOCIATION ACCRUES THE PRESENT VALUE OF THE ESTIMATED FUTURE BENEFIT PAYMENTS TO BE MADE OVER THE LIFE OF THE PLAN, WHICH ENDS ON MARCH 15, 2028. THE ASSOCIATION RECOGNIZED EXPENSES OF $230,000 IN 2022 RELATED TO THIS PLAN, WHICH WAS INCLUDED IN ACCRUED LIABILITIES - LONG-TERM ON THE STATEMENT OF FINANCIAL POSITION. THE AMOUNTS TO BE EARNED UNDER THE PLAN VEST OVER TIME AND ARE BASED ON SPECIFIC REQUIREMENTS BEING MET PER THE PLAN DOCUMENT. AS OF DECEMBER 31, 2021, THE ASSOCIATION HAD $288,462 REPORTED AS ACCOUNTS PAYABLE ON THE STATEMENT OF FINANCIAL POSITION RELATED TO THE PRIOR DEFERRED COMPENSATION PLAN. ALL REMAINING AMOUNTS WERE PAID OUT IN 2022. PART I, LINE 7 YEARLY BONUSES FOR THE STAFF OF THE ORGANIZATION ARE DETERMINED BY THE PRESIDENT AND CEO. THE YEARLY BONUS FOR THE PRESIDENT/CEO IS DETERMINED BY THE BOARD. X 71 8098817 HI/LO STOCK PRICE AVERAG X RIGHT-TO-USE ASSETS - LAND 1 3372657 MARKET RENTAL RATES X MINERAL INTERESTS 1 2772798 FAIR VALUE 0 1 1 PART I, COLUMN (B): THE ORGANIZATION RECEIVED 71 CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. PART I, LINE 32B: THE ORGANIZATION ENGAGES THIRD PARTIES TO SELL STOCKS AND SECURITIES WHICH ARE RECEIVED AS CONTRIBUTIONS. FORM 990, PART III, LINE 2 THE ASSOCIATION OF FORMER STUDENTS DEVELOPED AGGIE PARK, AN AREA OF 20 ACRES. THIS PREMIER GREEN SPACE UNITES AGGIES TO FOSTER RELATIONSHIPS, PERPETUATES OUR CHERISHED TRADITIONS AND VALUES, AND SHOWCASES OUR UNIVERSITY'S REPUTATION FOR EXCELLENCE. THE ASSOCIATION RAISED FUNDS FOR THESE PROJECTS FROM PRIVATE DONORS. AGGIES --PROSPECTIVE, CURRENT, AND FUTURE --BEGAN MAKING THIS SPACE THEIR OWN WHEN AGGIE PARK OPENED IN SEPTEMBER 2022, AND COUNTLESS AGGIES WILL CONTINUE TO ENJOY AGGIE PARK FOR GENERATIONS TO COME. IT IS PERFECTLY SUITED FOR STUDY GROUPS AND CLASSES MEETING OUTDOORS, AND IT IS AN IDEAL BACKDROP FOR NATIONAL SPORTS BROADCASTS AND TAILGATING ON GAMEDAYS. WHETHER GATHERING FOR A CONCERT, STUDENT ORGANIZATION EVENTS, OR SIMPLY TO THROW THE FOOTBALL, AGGIE PARK PROVIDES A BEAUTIFUL SPACE TO STRENGTHEN CAMARADERIE AMONG AGGIES AND CREATE MEMORIES TOGETHER ON CAMPUS. AGGIE PARK ALSO FEATURES A PERMANENT STRUCTURE HONORING RECIPIENTS OF THE DISTINGUISHED ALUMNUS AWARD, WHICH IS PRESENTED JOINTLY BY THE ASSOCIATION AND TEXAS A&M AND HAS BEEN AWARDED TO ONLY 318 OF TEXAS A&M'S OVER HALF A MILLION FORMER STUDENTS. THIS AWARD RECOGNIZES AGGIES WHO HAVE ACHIEVED EXCELLENCE IN THEIR CHOSEN PROFESSIONS AND MADE MEANINGFUL CONTRIBUTIONS TO TEXAS A&M AND THEIR LOCAL COMMUNITIES. THE ASSOCIATION RAISED FUNDS FOR THESE PROJECTS FROM PRIVATE DONORS. FORM 990, PART III, LINE 4A AGGIES --PROSPECTIVE, CURRENT, AND FUTURE --BEGAN MAKING THIS SPACE THEIR OWN WHEN AGGIE PARK OPENED IN SEPTEMBER 2022, AND COUNTLESS AGGIES WILL CONTINUE TO ENJOY AGGIE PARK FOR GENERATIONS TO COME. IT IS PERFECTLY SUITED FOR STUDY GROUPS AND CLASSES MEETING OUTDOORS, AND IT IS AN IDEAL BACKDROP FOR NATIONAL SPORTS BROADCASTS AND TAILGATING ON GAMEDAYS. WHETHER GATHERING FOR A CONCERT, STUDENT ORGANIZATION EVENTS, OR SIMPLY TO THROW THE FOOTBALL, AGGIE PARK PROVIDES A BEAUTIFUL SPACE TO STRENGTHEN CAMARADERIE AMONG AGGIES AND CREATE MEMORIES TOGETHER ON CAMPUS. AGGIE PARK ALSO FEATURES A PERMANENT STRUCTURE HONORING RECIPIENTS OF THE DISTINGUISHED ALUMNUS AWARD, WHICH IS PRESENTED JOINTLY BY THE ASSOCIATION AND TEXAS A&M AND HAS BEEN AWARDED TO ONLY 318 OF TEXAS A&M'S OVER HALF A MILLION FORMER STUDENTS. THIS AWARD RECOGNIZES AGGIES WHO HAVE ACHIEVED EXCELLENCE IN THEIR CHOSEN PROFESSIONS AND MADE MEANINGFUL CONTRIBUTIONS TO TEXAS A&M AND THEIR LOCAL COMMUNITIES. FORM 990, PART III, LINE 4B IN THE FALL OF 2009, KEY LEADERS FROM THE ASSOCIATION AND TEXAS A&M MET TO REVIEW THE EXISTING MODEL AND ESTABLISH NEW TIMELINES TO ALIGN THE DISBURSEMENT OF FUNDS TO TEXAS A&M WITH THE UNIVERSITY'S FISCAL YEAR OF SEPTEMBER THROUGH AUGUST. IT WAS AGREED THAT IN FEBRUARY OF EACH YEAR, THE ASSOCIATION'S BOARD OF DIRECTORS WOULD DETERMINE THE AMOUNT TO BE COMMITTED TO TEXAS A&M FOR THE UNIVERSITY'S FISCAL YEAR STARTING IN SEPTEMBER. IN 2023, THE ASSOCIATION IS PROJECTED TO PROVIDE $15,224,025 IN CASH AND PROGRAM SUPPORT AND SERVICES TO TEXAS A&M UNIVERSITY ACROSS ALL ASSOCIATION FUNDS. FORM 990, PART III, LINE 4C AS PART OF OUR MISSION TO "PERPETUATE THE TIES OF AFFECTION AND ESTEEM FORMED DURING UNIVERSITY OR COLLEGE DAYS", THE ASSOCIATION OF FORMER STUDENTS PROVIDES MULTIPLE FORUMS FOR AGGIES TO RECONNECT. OUR CLUB PROGRAMS TEAM WORKS WITH A&M CLUBS AND OUR EVENTS TEAM TO PLAN, PROMOTE AND DELIVER CLUB-SPONSORED EVENTS SUCH AS AWAY-GAME YELL PRACTICES AND ALL-AGGIE TAILGATES. OUR CLASS PROGRAMS TEAM WORKS DIRECTLY WITH THE VARIOUS CLASS AGENTS TO HELP MAINTAIN AND REESTABLISH RELATIONSHIPS THAT AGGIES FORMED WITH CLASSMATES WHILE ON CAMPUS. IN ADDITION TO MANAGING AND SUPPORTING THE CLASS AGENTS AND CLASS-SPONSORED ACTIVITIES, INCLUDING REUNIONS, CLASS NEWSLETTERS AND CLASS GIFTS, THIS TEAM ALSO ORGANIZES AND PROMOTES THE 50TH CLASS REUNION HELD EACH SPRING AS WELL AS THE ANNUAL SUL ROSS GROUP REUNION FOR ALL CLASSES WHO GRADUATED AT LEAST 55 YEARS AGO. CLASS NEWSLETTERS HAVE HISTORICALLY SERVED AS A CRITICAL RESOURCE TO FACILITATE COMMUNICATIONS BETWEEN CLASSMATES, COORDINATE AND PROMOTE CLASS ACTIVITIES, PROVIDE CAMPUS UPDATES AND PROMOTE THE ASSOCIATION'S SERVICES AND PROGRAMS. NEWSLETTERS ARE SENT ELECTRONICALLY TO CLASSMATES WITH A CURRENT EMAIL ADDRESS ON FILE WITH THE ASSOCIATION OF FORMER STUDENTS. EVERY YEAR, SEVERAL CLASSES AND OTHER GROUPS OF AGGIE FRIENDS RETURN TO THE TEXAS A&M CAMPUS FOR A FORMAL REUNION, AND UNCOUNTED OTHERS MEET FOR MINI REUNIONS. CLASS REUNIONS USUALLY CONSIST OF SEVERAL SOCIAL EVENTS SURROUNDED BY FUN AGGIE ACTIVITIES. FALL REUNIONS OFTEN CENTER AROUND AGGIE FOOTBALL, WHEREAS SPRING REUNIONS OFTEN CENTER AROUND AGGIE BASEBALL AND BASKETBALL GAMES. CLASS REUNIONS ALSO INCLUDE A FORMAL BUSINESS MEETING IN WHICH CLASS AGENTS MAY BE ELECTED, CLASS GIFTS ARE DISCUSSED AND OFFICIAL CLASS BUSINESS IS CARRIED OUT. FORMAL CLASS REUNIONS ARE HELD FOR CLASSES CELEBRATING THEIR 25TH ANNIVERSARY AND AFTER THAT, IN 5-YEAR INCREMENTS. THE ASSOCIATION IS PROUD TO HOST YOUNG ALUMNI WEEKEND WHERE FORMER STUDENTS WHO HAVE GRADUATED FROM TEXAS A&M UNIVERSITY WITHIN THE LAST 10 YEARS COME BACK TO CAMPUS TO PARTICIPATE IN ONE LARGE REUNION. IN ADDITION, EVERY SPRING, THE ASSOCIATION WELCOMES BACK CLASSES THAT HAVE CELEBRATED 55 YEARS OR MORE SINCE GRADUATION TO THE SUL ROSS GROUP REUNION. A SCHEDULE OF THE PLANNED CLASS REUNIONS CAN BE FOUND ONLINE AT AGGIENETWORK.COM/REUNIONS. WITH AGGIES LIVING AND WORKING ALL OVER THE WORLD, CHARTERED A&M CLUBS SPONSOR EVENTS AND ACTIVITIES THAT BRING FORMER STUDENTS AND THEIR FAMILIES TOGETHER IN FULFILLMENT OF THE ASSOCIATION'S MISSION TO "PERPETUATE TIES OF AFFECTION AND ESTEEM FORMED IN UNIVERSITY OR COLLEGE DAYS." THIS COMPONENT OF OUR FORMER STUDENT PROGRAMS TEAM ASSISTS AND SUPPORTS A&M CLUBS WITH THEIR PROJECTS AND ACTIVITIES AND COORDINATES SEVERAL MAJOR A&M CLUB ACTIVITIES, INCLUDING THE ANNUAL COACH'S NIGHT TOUR. IN ADDITION, WE PROVIDE EMAIL MARKETING SERVICES IN SUPPORT OF LOCAL CLUB ACTIVITIES AND WEB SERVICES. A CONSTITUENT NETWORK IS AN AFFILIATE NETWORK OF THE ASSOCIATION OF FORMER STUDENTS, FORMALLY RECOGNIZED THROUGH A DEFINED CHARTERING PROCESS. UNLIKE CLASSES AND A&M CLUBS, CONSTITUENT NETWORKS REPRESENT AGGIES BASED ON SHARED INTERESTS, ACTIVITIES OR EXPERIENCES. RESEARCH HAS CONFIRMED THAT MANY FORMER STUDENTS TEND TO HAVE A STRONGER AFFINITY WITH THE ORGANIZATIONS THEY PARTICIPATED IN, RATHER THAN WITH THEIR CLASS OR LOCAL A&M CLUB. THE INCLUSION OF THESE GROUPS IS VITAL TO THE GROWTH AND CONTINUED SUCCESS OF THE AGGIE NETWORK. AS OF MARCH 1, 2023, THE RECOGNIZED CONSTITUENT NETWORKS ARE THE AGGIE EDUCATOR NETWORK, AGGIE PRIDE LGBTQ NETWORK, AGGIE REAL ESTATE NETWORK, AGGIE WOMEN, BLACK FORMER STUDENT NETWORK, BUSH SCHOOL FORMER STUDENT NETWORK, GREEK FORMER STUDENT NETWORK, SEA AGGIE FORMER STUDENT NETWORK, TEXAS A&M HISPANIC NETWORK, TEXAS A&M STUDENT GOVERNMENT ASSOCIATION FORMER STUDENT NETWORK, TEXAS AGGIE BAR ASSOCIATION AND THE FEDERATION OF TEXAS A&M UNIVERSITY MOTHERS' CLUBS. TEXAS A&M'S CAREER CENTER, WHICH IS SUPPORTED IN PART BY THE ASSOCIATION OF FORMER STUDENTS, OFFERS COMPLIMENTARY SERVICES TO FORMER STUDENTS SUCH AS CAREER CONSULTATIONS, GUIDANCE FOR EFFECTIVE NETWORKING, ONLINE CAREER ASSESSMENT, TIPS AND ADVICE ON DEVELOPING JOB SEARCH STRATEGIES, REVIEWING RESUMES AND COVER LETTERS, INTERVIEW COACHING AND COMPENSATION NEGOTIATION. AGGIE MUSTER IS ONE OF THE MOST SACRED AND TIME-HONORED TRADITIONS AT TEXAS A&M AND IS A TIME WHEN AGGIES AROUND THE WORLD GATHER WHEREVER THEY ARE, TO HONOR THOSE AGGIES WHO PASSED AWAY DURING THE PAST YEAR. THE LARGEST AGGIE MUSTER IS HELD ON CAMPUS AND IS COORDINATED BY A STUDENT GROUP THROUGH FUNDING PROVIDED BY THE ASSOCIATION OF FORMER STUDENTS AND TEXAS A&M. EACH YEAR THE ASSOCIATION WELCOMES BACK THE CLASS CELEBRATING THEIR 50TH ANNIVERSARY IN THE DAYS SURROUNDING MUSTER, WITH THAT PARTICULAR CLASS BEING THE HONORED GUESTS AT CAMPUS MUSTER. THE ASSOCIATION OF FORMER STUDENTS WORKS CLOSELY WITH LOCAL A&M CLUBS AND AGGIE GROUPS TO COORDINATE MAILINGS, EMAILS SPEAKER ARRANGEMENTS AND SPEAKER PACKETS, AS WELL AS BRANDING FOR MUSTER PROGRAMS AROUND THE WORLD EACH YEAR. THE ASSOCIATION ALSO PLANS AND HOSTS THE ANNUAL LIVE READING OF THE WORLDWIDE ROLL CALL FOR THE ABSENT ON APRIL 21. AT THIS ANNUAL EVENT, ASSOCIATION STAFF AND VOLUNTEERS CALL AND ANSWER "HERE" FOR MORE THAN 1,500 AGGIES, AS THE ROLL CALL IS BROADCAST VIA LOUDSPEAKER TO CAMPUS AND TRANSMITTED WORLDWIDE VIA A LIVE INTERNET STREAM. IN 2020, THE TRADITION OF AGGIE MUSTER WAS BROUGHT ONLINE WITH MUSTER LIVE. THIS PORTAL AT MUSTERLIVE.AGGIENETWORK.COM CONNECTS AGGIES FROM ACROSS THE GLOBE IN REMEMBRANCE OF THOSE WE LOST. OUR TRAVELING AGGIES PROGRAM OFFERS FORMER STUDENTS, CURRENT STUDENTS, THEIR FAMILIES AND FRIENDS OF TEXAS A&M THE OPPORTUNITY TO TRAVEL AND ENJOY THE CAMARADERIE OF FELLOW AGGIES. THIS PROGRAM OFFERS SOMETHING FOR EVERYONE THROUGH A VARIETY OF DESTINATIONS, DURATIONS AND PRICING. WHETHER A TRADITIONAL LOCALE OR SOMEPLACE UNIQUE, TOURS ARE SELECTED WITH BOTH SEASONED AND FIRST-TIME TRAVELERS IN MIND. TRIPS ARE COORDINATED USING COMPANIES THAT SPECIALIZE IN ALUMNI TRAVEL. REGARDLESS OF THE DESTINATION, OUR TRAVELING AGGIES TRIPS INCLUDE HIGH-QUALITY TRAVEL EXPERIENCES AND SPECIALIZED ITINERARIES THAT ARE NOT TYPICALLY AVAILABLE TO INDIVIDUAL TRAVELERS. OUR TRAVELING AGGIES TEAM PROVIDES DETAILED SERVICE TO OUR TRAVELERS, AND AGGIES WHO PARTICIPATE IN ONE OF OUR TRIPS USUALLY TRAVEL WITH US AGAIN. WHETHER TRAVELING IN THE UNITED STATES OR ACROSS THE WORLD, EVENTS ARE HELD WITH AGGIES AND A&M CLUBS AT MANY DESTINATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CONTROLLER. COPIES OF THE FORM 990 ARE PROVIDED TO THE AUDIT COMMITTEE, WHICH HAS BEEN APPOINTED BY THE BOARD TO PROVIDE OVERSIGHT. THE AUDIT COMMITTEE REVIEWS THE RETURN AND RECOMMENDS APPROVAL TO THE BOARD. COPIES OF THE FORM 990 ARE PROVIDED TO THE BOARD FOR REVIEW PRIOR TO APPROVAL AND FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION OF FORMER STUDENTS' BOARD OF DIRECTORS AND OFFICERS CONSISTS OF INDIVIDUALS FROM DIVERSE PROFESSIONAL EXPERIENCE AND PHILANTHROPIC INTERESTS WHO GENEROUSLY GIVE OF THEIR TIME, SKILLS AND JUDGMENT FOR THE BENEFIT OF THE ASSOCIATION OF FORMER STUDENTS AND TEXAS A&M UNIVERSITY. THE VARIED BACKGROUND OF THE DIRECTORS AND OFFICERS OF THE ASSOCIATION MAY OCCASIONALLY RESULT IN AN APPARENT OR ACTUAL DUALITY OR CONFLICT OF INTEREST. THE ASSOCIATION WILL NOT ENGAGE IN BUSINESS OR FINANCIAL TRANSACTIONS WITH MEMBERS OF ITS BOARD OF DIRECTORS OR OFFICERS OR WITH ANY ENTITY IN WHICH A DIRECTOR OR OFFICER HAS A SUBSTANTIAL INTEREST, EXCEPT WITH APPROPRIATE DISCLOSURE AND AUTHORIZATION PURSUANT TO THIS POLICY. DISCLOSURE: IT IS THE POLICY OF THE ASSOCIATION TO REQUIRE DISCLOSURE BY ITS DIRECTORS AND OFFICERS OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS BETWEEN A DIRECTOR OR OFFICER AND THE ASSOCIATION OR TEXAS A&M UNIVERSITY WHICH MAY CAUSE THE ASSOCIATION OR THE UNIVERSITY TO BE VULNERABLE TO CRITICISM OR EMBARRASSMENT OR WHICH MAY IMPAIR THE INDEPENDENT UNBIASED JUDGMENT OF THE DIRECTOR OR OFFICER IN DISCHARGE OF HIS/HER RESPONSIBILITIES TO THE ASSOCIATION. RELATIONSHIPS WHICH REQUIRE DISCLOSURE ARE GENERALLY A RESULT OF ACTUAL, PERCEIVED OR POTENTIAL PERSONAL BENEFIT FROM A BUSINESS OR FINANCIAL TRANSACTION BETWEEN THE DIRECTOR OR OFFICER AND THE ASSOCIATION OR UNIVERSITY. A. ASSUMING THE AMOUNT OF BUSINESS DONE BY THE ASSOCIATION WITH ANY PUBLICLY HELD COMPANY HAS VIRTUALLY NO EFFECT ON THE TOTAL RESULTS OF SUCH COMPANY, THE OWNERSHIP OF SHARES IN A PUBLICLY HELD CORPORATION, AS LONG AS THE OWNERSHIP CONSTITUTES LESS THAN FIVE (5) PERCENT OF THE SHARES OUTSTANDING, DOES NOT REPRESENT A BUSINESS RELATIONSHIP WHICH MUST BE DISCLOSED B. DISCLOSURE IS REQUIRED IN WRITING ANNUALLY ON A FORM PROVIDED BY THE ASSOCIATION AND THEREAFTER UPON ANY CHANGE IN CIRCUMSTANCES WHICH MAY PRESENT A CONFLICT. COPIES OF THIS WRITTEN DISCLOSURE WILL BE FURNISHED TO THE PRESIDENT AND CEO AND CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 PART VI LINE 15A: EACH YEAR THE ASSOCIATION CONDUCTS A COMPARABILITY STUDY PRIOR TO MAKING ANY CHANGES TO COMPENSATION FOR THE PRESIDENT AND CEO. PRIOR TO THE 4TH QUARTER BOARD MEETING, SURVEY DATA IS GATHERED BY THE VICE PRESIDENT FOR COMMUNICATIONS AND HUMAN RESOURCES AND PRESENTED TO THE COMPENSATION COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW. THE DATA PRESENTED INCLUDES SURVEY DATA GATHERED FROM A MINIMUM OF THREE INDEPENDENT SURVEYS, AS WELL AS LOCAL MARKET DATA. THE COMPENSATION COMMITTEE PROVIDES AN OPINION TO THE EXECUTIVE COMMITTEE ON COMPENSATION PARAMETERS FOR THE PRESIDENT AND CEO, WHICH ARE USED IN DETERMINING THE EXECUTIVE COMMITTEE'S RECOMMENDATION TO THE FULL BOARD ON ANY COMPENSATION CHANGES. ANY COMPENSATION CHANGES ARE APPROVED BY THE FULL BOARD DURING THE NEXT 1ST QUARTER BOARD MEETING AND BECOME EFFECTIVE APRIL 1 OF THAT YEAR. IN ADDITION TO THIS ANNUAL PROCESS, THE ASSOCIATION ALSO PERIODICALLY ENGAGES A CONSULTANT TO CONFIRM THE COMPENSATION RANGES ESTABLISHED FOR THE PRESIDENT AND CEO, WITH THE MOST RECENT STUDY COMPLETED IN 2022. PART VI LINE 15B: EACH YEAR THE ASSOCIATION CONDUCTS A REVIEW OF THE COMPENSATION PROVIDED TO OFFICERS AND OTHER KEY EMPLOYEES. THIS PROCESS INCLUDES A REVIEW OF COMPARABLE DATA BY THE COMPENSATION COMMITTEE USING DATA GATHERED BY THE VICE PRESIDENT FOR COMMUNICATIONS AND HUMAN RESOURCES. THE DATA COLLECTED INCLUDES SURVEY DATA FROM A MINIMUM OF THREE INDEPENDENT SURVEYS, AS WELL AS LOCAL MARKET COMPARISONS. AFTER REVIEWING THE DATA TO ENSURE REASONABLENESS OF COMPENSATION, THE COMPENSATION COMMITTEE WILL PROVIDE INPUT TO THE PRESIDENT AND CEO ON THE COMPENSATION FOR THESE INDIVIDUALS AND WILL MAKE A FULL REPORT OF THEIR FINDINGS TO THE BOARD OF DIRECTORS. IN ADDITION TO THIS ANNUAL PROCESS, THE ASSOCIATION ALSO PERIODICALLY ENGAGES A CONSULTANT TO CONFIRM COMPENSATION RANGES FOR OFFICERS AND OTHER KEY EMPLOYEES, WITH THE MOST RECENT STUDY COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS ARE POSTED ON THEIR WEBSITE FOR VIEWING BY THE PUBLIC. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE AUDIT PROCESS SINCE THE PRIOR YEAR.