2023-11-15T15:51:54-06:00 2022-12-31 135565207 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 990 2022-01-01 990073533 YOUNG MEN'S CHRISTIAN ASSOCIATION OF HONOLULU YOUN 8085313558 1441 PALI HIGHWAY HONOLULU HI 96813 GREGORY WAIBEL PRESIDENT/CEO 8085313558 2023-11-15 1 GREGORY WAIBEL 999009999 0 CANDACE C CHING P01698370 8085402800 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GREGORY WAIBEL 1441 PALI HIGHWAY HONOLULU HI 96813 31091089 0 X WWW.YMCAHONOLULU.ORG X 1869 HI STRENGTHENING COMMUNITIES THROUGH YOUTH DEV, HEALTHY LIVING, & SOCIAL RESP PRGMS/SVCS. 45 45 1136 836 0 0 10150159 10595514 10356665 16395329 652538 306113 199646 223396 21359008 27520352 53600 644 0 0 13245749 16440109 63275 109249 872058 6924982 10593823 20287606 27143825 1071402 376527 68379838 65273713 4924016 5921715 63455822 59351998 X STRENGTHENING COMMUNITIES IS THE Y'S CAUSE THROUGH PROGRAMS AND SERVICES FOCUSED ON YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. 0 0 11783147 644 9341530 PROGRAMS FOR YOUTH DEVELOPMENT:OUR YMCA OF HONOLULU IS COMMITTED TO NURTURING THE POTENTIAL OF EVERYCHILD. WE BELIEVE THAT ALL CHILDREN DESERVE THE OPPORTUNITY TO DISCOVERWHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLECULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS OUR AFTER SCHOOL AND SUMMER CHILDCARE PROGRAMS, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. IN 2022, THE YMCA OF HONOLULU PROVIDED $308,944 OF PROGRAM FEE WAIVERS THAT MADE PARTICIPATION POSSIBLE FOR MANY YOUNG PEOPLE IN OUR COMMUNITY. IN ADDITION, THE YMCA OF HONOLULU TOUCHED THE LIVES OF OVER 10,939 CHILDREN THROUGH ITS YOUTH PROGRAMS. 7242199 0 5139692 PROGRAMS THAT DEVELOP HEALTHY LIVING:THE YMCA OF HONOLULU IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN, AND SHARED INTERESTS. AS A RESULT, 17,169 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPRIT, MIND, AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE, AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE, AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. CONTINUED ON SCHEDULE O.IN 2022, WE PROVIDED $196,824 IN MEMBERSHIP FEE REDUCTIONS TO PEOPLE WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION. 4108432 0 1914107 PROGRAMS THAT EMBODY SOCIAL RESPONSIBILITY:OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 100 YEARS. OUR DRUG TREATMENT AND INTERVENTION SERVICES WORK TO ELIMINATE SUBSTANCE ABUSE, DEVELOP SELF RESPECT, INCREASE POSITIVE ADJUSTMENT IN SCHOOL, IMPROVE FAMILY AND INTERPERSONAL RELATIONS, AND FIND SUITABLE EMPLOYMENT OPPORTUNITIES FOR TROUBLED YOUTH. OUR AFTER-SCHOOL/SCHOOL'S OUT PREVENTION AND YOUTH MENTORING PROGRAMS PROVIDE YOUTH WITH A SAFE, SUPERVISED PLACE AND ASSIST THEM TO DEVELOP INTEREST IN POSITIVE ACTIVITIES AS AN ALTERNATIVE TO AT-RISK BEHAVIORS SUCH AS VIOLENCE, GANG INVOLVEMENT, AND DRUG USE. CONTINUED ON SCHEDULE O.OUR PROGRAMS PROVIDE LEADERSHIP DEVELOPMENT, COUNSELING, HOMEWORK ASSISTANCE, SUBSTANCE ABUSE EDUCATION, CAMPING, SPORTS AND RECREATION. BOTH OF THESE PROGRAMS ARE EXAMPLES OF HOW THE YMCA OF HONOLULU DELIVERS TRAINING, RESOURCES, AND SUPPORT THAT EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES. IN 2022, WE ENGAGED 419 INDIVIDUALS, LOWER THAN PERVIOUS YEARS DUE TO COVID, IN OUR OUTREACH PROGRAMS IN THE HOPES OF STRENGTHENING OUR COMMUNITY AND PAVING THE WAY FOR FUTURE GENERATIONS TO THRIVE. 23133778 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 1136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 45 45 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 HI X X DWAYNE MASUTANI 8085415477 1441 PALI HIGHWAY HONOLULU HI 96813 GREGORY WAIBEL PRESIDENT/CEO 40.00 0.00 X 345391 0 43323 MICHAEL DOSS EXECUTIVE VICE PRESIDENT/COO 40.00 0.00 X 188974 0 30428 KERRI VAN DUYNE VP OF DEVELOPMENT 40.00 0.00 X 128530 0 24447 WALLACE PURVIS EXECUTIVE DIRECTOR (THRU 9/22) 40.00 0.00 X 128830 0 15402 LISA ONTAI VP OF MARKETING AND MISSION 40.00 0.00 X 118773 0 21408 ANDREW HOOD EXECUTIVE DIRECTOR 40.00 0.00 X 109991 0 18182 JENNIFER TOWNSEND EXECUTIVE DIRECTOR 40.00 0.00 X 105592 0 20699 MICHAEL CHINAKA SR VP/CFO (THRU 8/12/22) 40.00 0.00 X 102142 0 17860 BELINDA JOHNSON VP OF FINANCE 40.00 0.00 X 63318 0 3541 NEILSON PERSAUD VP OF HUMAN RESOURCES 40.00 0.00 X 31789 0 1771 STEVEN C AI VICE CHAIR 1.00 0.00 X X 0 0 0 PAULA AKANA BOARD MEMBER 1.00 0.00 X 0 0 0 JAY ANA BOARD MEMBER 1.00 0.00 X 0 0 0 BENJAMIN ANCHETA BOARD MEMBER 1.00 0.00 X 0 0 0 ROY ARAKAKI BOARD MEMBER 1.00 0.00 X 0 0 0 TAMMI BONGOLL BOARD MEMBER 1.00 0.00 X 0 0 0 MARK BRATTON BOARD MEMBER 1.00 0.00 X 0 0 0 DR PAUL J CARRY BOARD MEMBER 1.00 0.00 X 0 0 0 ROY CATALANI VICE CHAIR 2.00 0.00 X X 0 0 0 COLTON CHING BOARD MEMBER 1.00 0.00 X 0 0 0 CRAIG CHONG BOARD MEMBER 1.00 0.00 X 0 0 0 CARL E CHOY BOARD MEMBER 1.00 0.00 X 0 0 0 DR MICHAEL J CHUN BOARD MEMBER 1.00 0.00 X 0 0 0 ADELIA CHUNG BOARD MEMBER 1.00 0.00 X 0 0 0 DANIEL CODY BOARD MEMBER 1.00 0.00 X 0 0 0 BEN DOOKCHITRA BOARD MEMBER 1.00 0.00 X 0 0 0 DR KENNY FINK BOARD MEMBER (THRU 12/31/22) 1.00 0.00 X 0 0 0 JOAN FUJITA TREASURER 2.00 0.00 X X 0 0 0 REID FUKUMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 LINDA GEE SECRETARY 2.00 0.00 X X 0 0 0 WAYNE HAMANO CHAIRMAN BOD 2.00 0.00 X X 0 0 0 JEFFREY S HARRIS BOARD MEMBER 1.00 0.00 X 0 0 0 KATHY ISHIMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 MELANIE KAAIHUE-YOSHIDA BOARD MEMBER 1.00 0.00 X 0 0 0 SARAH KALICKI-NAKAMURA BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL LAU BOARD MEMBER 1.00 0.00 X 0 0 0 EMILY OSHIMA LEE BOARD MEMBER 1.00 0.00 X 0 0 0 RYAN LEE BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN LEONG BOARD MEMBER 1.00 0.00 X 0 0 0 ARNOLD MARTINES BOARD MEMBER 1.00 0.00 X 0 0 0 RODNEY MATSUMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES MORGAN BOARD MEMBER (THRU 9/1/22) 1.00 0.00 X 0 0 0 KURT MURAO BOARD MEMBER 1.00 0.00 X 0 0 0 KURT MURATA BOARD MEMBER 1.00 0.00 X 0 0 0 SANFORD MURATA BOARD MEMBER 1.00 0.00 X 0 0 0 KUUHAKU PARK BOARD MEMBER 1.00 0.00 X 0 0 0 STACY PHILIPPOU BOARD MEMBER 1.00 0.00 X 0 0 0 FREDERICK ROHLFING BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW ROSEN BOARD MEMBER 1.00 0.00 X 0 0 0 KEITH M SAKAMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 BOBBY SENEHA BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL STREET BOARD MEMBER 1.00 0.00 X 0 0 0 LANCE WILHELM BOARD MEMBER 1.00 0.00 X 0 0 0 REUBEN SF WONG BOARD MEMBER 1.00 0.00 X 0 0 0 JIM YATES BOARD MEMBER 1.00 0.00 X 0 0 0 LESLI YOGI BOARD MEMBER (THRU 7/1/22) 1.00 0.00 X 0 0 0 GARY YOSHIDA BOARD MEMBER 1.00 0.00 X 0 0 0 1323330 0 197061 8 0 1 0 CONCEPT IMAGINEERING LLC 50 S BERETANIA STREET C-211A HONOLULU HI 96813 IT SERVICES 177223 KPMG 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 AUDIT & TAX PREP 117810 SCHLACK ITO 745 FORT STREET SUITE 1500 HONOLULU HI 96813 LEGAL SERVICES 115579 3 12413 10300 8701597 1871204 16802 10595514 YOUTH DEVELOPMENT PROGRAMS 900099 9341530 9341530 HEALTHY LIVING PROGRAMS 900099 5139692 5139692 SOCIAL RESPONSIBILITY PROGRAMS 900099 1914107 1914107 16395329 209476 209476 206718 53808 152910 152910 152910 3567695 22000 3493058 0 74637 22000 96637 96637 45596 10300 23642 21954 21954 23524 229 23295 23295 OTHER REVENUE 900099 25237 25237 25237 27520352 16395329 0 529509 644 644 1121695 824150 144568 152977 12529653 11809924 515237 204492 785143 728067 41065 16011 755340 689114 43317 22909 1248278 1162583 55173 30522 41989 2471 39518 144846 106546 38300 18023 18023 109249 109249 43901 43901 1526890 1248497 278393 412863 311116 86282 15465 2560218 1615905 884841 59472 2772555 2216531 429655 126369 280884 223980 56477 427 162067 88722 52863 20482 1197 1197 264971 260471 4500 1946401 1518193 330888 97320 295748 219546 64772 11430 MEMBERSHIP DUES/EXPENSE 121270 107318 9019 4933 27143825 23133778 3137989 872058 8500 8400 5413650 2812327 0 0 3944594 2962926 0 0 0 0 0 0 46473 40917 199070 235395 71676595 36884640 35166302 34791955 23601249 24237251 0 0 0 0 0 0 0 184542 68379838 65273713 2893363 2578293 0 0 1645398 3148082 0 0 0 0 0 0 373467 0 0 0 11788 195340 4924016 5921715 X 55004671 52534455 8451151 6817543 63455822 59351998 68379838 65273713 X 376527 -4492111 1460 10300 X 0 1 X 1 1 1 X 6674665 6326273 9814308 10150159 10595514 43560919 6674665 6326273 9814308 10150159 10595514 43560919 43560919 670676 756037 640893 777897 416193 3261696 2764820 397563 468938 43253 94359 3768933 50591548 84104434 0.86100 0.83900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EMPLOYEE RETENTION CREDIT - 2020 AMOUNT: $ 382,120. INVENTORY SALES - 2018 AMOUNT: $ 155,791. 2019 AMOUNT: $ 166,131. 2020 AMOUNT: $ 14,155. 2021 AMOUNT: $ 16,247. 2022 AMOUNT: $ 23,524. OTHER - 2018 AMOUNT: $ 2,474,800. 2021 AMOUNT: $ 11,858. 2022 AMOUNT: $ 25,239. SPECIAL EVENT REVENUE - 2018 AMOUNT: $ 134,229. 2019 AMOUNT: $ 231,432. 2020 AMOUNT: $ 72,663. 2021 AMOUNT: $ 15,148. 2022 AMOUNT: $ 45,596. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 18023 0 0 18023 0 SCHEDULE C, PART II-B, LINE 1G THE ASSOCIATION MET WITH STATE LEGISLATORS TO ENCOURAGE THEM TO PASS THE ASSOCIATION'S GRANT IN AID REQUEST AND RESOLUTION. 0 7007700 1098909 -1156213 223828 6726568 6328454 51626 828588 200968 7007700 5667385 165141 687240 191312 6328454 4883767 52767 923519 192668 5667385 5128386 102706 -156877 190448 4883767 0.47130 0.52870 0 0 5557770 5557770 50633189 24612538 26020651 2418679 996874 1421805 12800531 11275228 1525303 266426 266426 34791955 OPERATING LEASE LIABILITIES 184542 LIABILITY UNDER SPLIT-INT AGR 10798 195340 X 22996100 -4492111 1460 10300 -4480351 27476451 43901 43901 27520352 27099924 0 27099924 43901 43901 27143825 PART V, LINE 4: THE CORPUS IS TO BE MAINTAINED IN PERPETUITY WITH THE EARNINGS ON THE ENDOWMENT FUNDS, WHICH WILL BE USED TO SUPPORT YMCA OF HONOLULU PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG FAMILIES, LEADERSHIP SKILLS, VALUE DEVELOPMENT, INTERNATIONAL UNDERSTANDING, AND COMMUNITY DEVELOPMENT. PART X, LINE 2: FORM 990, SCHEDULE D, PART X, LINE 2 THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS GENERALLY NOT SUBJECT TO FEDERAL INCOME TAXES. HOWEVER, THE ASSOCIATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSES OF WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED, AS IT IS THE OPINION OF THE MANAGEMENT THAT NET INCOME FROM ANY UNRELATED TRADE OR BUSINESS, IF ANY, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL TAX AUTHORITIES FOR YEAR BEFORE 2019 AND STATE TAX AUTHORITIES FOR YEARS BEFORE 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: GIFTS-IN-KIND RECORDED ON THE AUDITED FINANCIAL STATEMENTS 10,300. X X X X X X X 1 DONOR BY DESIGN GROUP LLC PO BOX 7106 CAROL STREAM IL 60197 CAP CAMPGN 0 0 79845 0 THE FUNDEVELOPMENT GROUP LLC 4348 WAIALAE AVE SUITE 282 HONOLULU HI 96816 CAP CAMPGN 0 0 20733 0 100578 HI ANNUAL SUPPORT 59254 10300 48954 10300 13568 YOUTH 5615 5615 7184 64869 10300 54569 10300 20752 31052 23517 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE PROFESSIONAL FUNDRAISERS LISTED ON PART I LINE 2B, PROVIDED CONSULTING SERVICES TO ASSIST THE YMCA OF HONOLULU IN ITS FUNDRAISING EFFORTS, AND ARE NOT ATTRIBUTED TO ANY SPECIFIC CHARITABLE CONTRIBUTIONS RAISED. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 GREGORY WAIBEL PRESIDENT/CEO 265902 0 79489 0 0 0 36600 0 6723 0 388714 0 0 0 MICHAEL DOSS EXECUTIVE VICE PRESIDENT/COO 173974 0 15000 0 0 0 23705 0 6723 0 219402 0 0 0 KERRI VAN DUYNE VP OF DEVELOPMENT 116530 0 12000 0 0 0 17364 0 7083 0 152977 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES - PROVIDED TO GREGORY WAIBEL. THIS IS NOT INCLUDED IN COMPENSATION AS THE MEMBERSHIP IS USED PRIMARILY FOR BUSINESS PURPOSES AS EXPENSES ARE SUBJECT TO THE ORGANIZATION'S ACCOUNTABLE PLAN REIMBURSEMENT PROCEDURES. PART I, LINE 4A WALLACE PURVIS RECEIVED A SEVERANCE PAYMENT OF $43,819. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS DELEGATES ITS AUTHORITY TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS MADE UP OF 13 MEMBERS OF THE BOARD OF DIRECTORS, NO OUTSIDE MEMBERS, AND CAN ACT ON BEHALF OF THE BOARD, E.G. ALL POWERS OF THE BOARD, IN MONTHS THAT THE BOARD DOES NOT MEET. FORM 990, PART VI, SECTION A, LINE 2 STEVEN AI, PRESIDENT & CEO OF CITY MILL, AND JIM YATES, BOARD MEMBER OF CITY MILL, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE & THE EXECUTIVE COMMITTEE, WHO ACTS ON BEHALF OF THE BOARD OF DIRECTORS IN MONTHS THAT THE BOARD DOES NOT MEET, REVIEWED AND APPROVED FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. A COPY OF FORM 990, AS FILED WITH THE INTERNAL REVENUE SERVICE, WILL BE PROVIDED TO EACH AND EVERY FINANCE COMMITTEE MEMBER & BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CFO IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS. PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT SHE: (1) HAS RECEIVED A COPY OF THE CONFLICTS OR INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICTS OF INTEREST QUESTIONNAIRE. IF IT IS DETERMINED THAT AN OFFICER, DIRECTOR OR KEY EMPLOYEE HAS A CONFLICT OF INTEREST, THE PERSON IS ASKED TO LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. THE BOARD OF DIRECTORS DISCUSSES THE ARRANGEMENT AND ITS ALTERNATIVES. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS DETERMINES BY A MAJORITY VOTE OF DISINTERESTED MEMBERS THAT THE ARRANGEMENT IS IN THE Y'S BEST INTEREST, IS FAIR AND REASONABLE TO THE Y AND WHETHER TO ENTER THE ARRANGEMENT. THE MINUTES OF THE BOARD CONTAINS THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A CONFLICT OF INTEREST AND THE NATURE OF THE CONFLICT OF INTEREST. THE MINUTES OF THE BOARD ALSO CONTAIN THE NAMES OF THE PERSONS WHO WERE PRESENT FOR THE DISCUSSION AND THE VOTE RELATING TO THE ARRANGEMENT, THE CONTENT OF THE DISCUSSION (INCLUDING ANY ACTION TAKEN TO DETERMINE WHETHER THE CONFLICT OF INTEREST WAS IN THE Y'S BEST INTEREST AND ANY ALTERNATIVES TO THE PROPOSED ARRANGEMENT), AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15 THE YMCA OF HONOLULU'S BOARD OF DIRECTOR COMPENSATION COMMITTEE (THE "COMMITTEE") IS COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, AND IS ACCOUNTABLE FOR SETTING A REASONABLE COMPENSATION FOR THE CEO. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND INCENTIVE COMPENSATION CRITERIA FOR THE CEO. THE ASSOCIATION'S WRITTEN RECORDS INCLUDE: (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF ANY COMPARABLE DATA USED. APPROPRIATE COMPARABILITY DATA FOR BOTH THE FIXED AND INCENTIVE COMPENSATION IS OBTAINED FROM THE FOLLOWING: (1) VIA THE YMCA-USA, THE NATIONAL ORGANIZATION THAT CHARTERS ALL YMCA ORGANIZATIONS ACROSS THE USA, AND (2) VIA SURVEYS OF LOCAL BASED, SIMILAR SIZED COMPANIES, BOTH FOR-PROFIT AND NOT-FOR-PROFIT, WITH SIMILAR RESPONSIBILITIES. COMPARABILITY DATA USED IS DRAWN FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN HAWAII AND ON THE MAINLAND. THE COMMITTEE ALSO OBTAINS A WRITTEN OPINION ON THE APPROPRIATENESS OF THE CEO'S FIXED & INCENTIVE COMPENSATION FROM THE HUMAN RESOURCES COMMITTEE, AND DEVELOPS A RECOMMENDATION THAT IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MET IN 2022 TO DETERMINE THE AMOUNT OF FIXED & INCENTIVE COMPENSATION, IF ANY, TO PAY THE CEO BASED OFF OF THE 2022 PERFORMANCE GOALS AND EVALUATIONS. THE MINUTES OF THE MEETINGS TO DETERMINE COMPENSATION INCLUDE A LIST OF MEMBERS PRESENT, THE ACTIONS APPROVED BY THE BOARD OF DIRECTORS, AND A DESCRIPTION OF THE COMPARABILITY DATA USED. THE BOARD OF DIRECTORS HAS APPOINTED THE CEO IN CHARGE OF SETTING REASONABLE COMPENSATION PACKAGES FOR ITS OTHER SENIOR STAFF WHO ARE ALSO OFFICERS OR KEY EMPLOYEES OF THE YOUNG MEN'S CHRISTIAN ASSOCIATION CEO IN CONJUNCTION WITH THE HR DIRECTOR, AND CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, DEVELOPS THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND INCENTIVE COMPENSATION CRITERIA FOR YMCA'S EMPLOYEES. THE ASSOCIATION'S WRITTEN RECORDS INCLUDE: (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF ANY COMPARABLE DATA RELIED UPON BY THE CEO & HR DIRECTOR. APPROPRIATE COMPARABILITY DATA IS OBTAINED VIA THE YMCA-USA, THE NATIONAL ORGANIZATION THAT CHARTERS ALL YMCA ORGANIZATIONS ACROSS THE USA. COMPARABILITY DATA USED IS DRAWN FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN HAWAII AND ON THE MAINLAND. THIS ANALYSIS FOR KEY EMPLOYEE COMPENSATION WAS LAST PERFORMED IN FEBRUARY 2021. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND PRIOR YEARS' FORM 990 AVAILABLE ON ITS WEBSITE. FORM 990, PART XI, LINE 9: GIFTS-IN-KIND RECORDED ON THE AUDITED FINANCIAL STATEMENTS 10,300.