2024-10-22T11:33:53-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 60 SOUTH MARKET STREET SUITE 1550 SAN JOSE CA 95113 990 2023-01-01 951664139 YOUNG MEN'S CHRISTIAN ASSOCIATION YOUN 8188458551 321 E MAGNOLIA BLVD BURBANK CA 91502 SAM KIM CEO 8188458551 2024-10-18 1 1 SHALINI SAIDHA P01959812 4082941025 2024-10-18 2023 2024-10-15 13:58:12Z BURBANK COMMUNITY YMCA SAM KIM 321 E MAGNOLIA BLVD BURBANK CA 91502 7254986 0 X WWW.BURBANKYMCA.ORG X 1942 CA AN ORGANIZATION COMMITTED TO STRENGTHEN THE FOUNDATION OF OUR COMMUNITY THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. 21 21 201 102 0 0 784199 1172732 5243840 6071934 0 0 139451 -31249 6167490 7213417 0 139891 0 0 3916742 5086926 0 0 564296 2912202 3173235 6828944 8400052 -661454 -1186635 4493814 3568463 4071543 4332827 422271 -764364 X THE BURBANK COMMUNITY YMCA (BURBANK Y) IS A NONPROFIT ORGANIZATION COMMITTED TO STRENGTHENING THE FOUNDATION OF OUR COMMUNITY THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. WE WORK WITHIN OUR COMMUNITY TO ENSURE THAT EVERYONE, REGARDLESS OF AGE, INCOME OR BACKGROUND HAS AN OPPORTUNITY TO LEARN, GROW AND THRIVE. THE Y NURTURES THE POTENTIAL OF EVERY YOUTH AND TEEN, IMPROVES THE NATION'S HEALTH AND WELL-BEING, AND PROVIDES OPPORTUNITIES FOR OTHERS TO GIVE BACK. THE Y IS DEDICATED TO BUILDING HEALTHY, CONFIDENT, CONNECTED, AND SECURE CHILDREN, SENIORS, ADULTS, FAMILIES, AND COMMUNITIES. THE BURBANK YMCA HAS DOZENS OF FREE OR AFFORDABLE PROGRAMS TO MEET THE DIVERSE NEEDS OF OUR COMMUNITY. 0 0 2582442 0 3276120 THE BURBANK Y IS A LEADER IN PROVIDING LICENSED, NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) ACCREDITED EARLY CARE AND EDUCATION (ECE) PROGRAMS. OUR ECE PROGRAMS SERVE UP TO 230 YOUNG CHILDREN DAILY IN OUR INFANT, TODDLER, AND PRESCHOOL PROGRAMS. THE PROGRAMS USE A PLAY-BASED APPROACH THAT ENABLES CHILDREN TO LEARN AS THEY PLAY, DEVELOP CONFIDENCE, CURIOSITY, AND A LOVE OF LEARNING. WE ARE DEDICATED TO SERVING CHILDREN DIAGNOSED WITH NEURODIVERGENT DISORDERS. OUR TEACHERS WORK WITH PARENTS TO DETECT THE EARLY SIGNS OF POSSIBLE NEURODIVERGENT DISORDERS IN PRESCHOOL AGE CHILDREN AND, WHEN INDICATED, ENCOURAGE FAMILIES TO SEEK ADVICE AND EVALUATION FROM THEIR PEDIATRICIAN OR REGIONAL CENTER. OUR ECE PROGRAMS OFFER LOW TEACHER-CHILD RATIOS AND CERTIFIED AND MASTER'S LEVEL TEACHERS. LESSON PLANS ARE USED THAT MAXIMIZE COGNITIVE AND SOCIAL-EMOTIONAL DEVELOPMENT TO SUPPORT THE SUCCESSFUL INTEGRATION OF CHILDREN DIAGNOSED WITH NEURODIVERGENT DISORDERS INTO THE PROGRAM'S GENERAL POPULATION. 685593 0 329595 YOUTH DEVELOPMENT LEARN, GROW, THRIVE ACADEMIC SUMMER PROGRAM AND POWER SCHOLAR EXPLORERS AFTERSCHOOL PROGRAMTHE BURBANK Y PROVIDES LEARN, GROW, THRIVE (LGT) AND POWER SCHOLAR EXPLORERS (PSE) AFTERSCHOOL TWO INNOVATIVE LITERACY, MATHEMATICS, AND ENRICHMENT PROGRAMS. TAUGHT BY CREDENTIALED TEACHERS AND THEIR ASSISTANTS, THE PROGRAMS USE CURRICULUMS DEVELOPED BY BELLXCEL, AN INDUSTRY LEADER IN CREATING PREMIER ACADEMIC YOUTH LEARNING PROGRAMS.BOTH PROGRAMS RECOGNIZE STUDENT SELF-CONFIDENCE AND SELF-ESTEEM PLAY A SIGNIFICANT ROLE IN THEIR LEARNING, WELLBEING, AND OVERALL HAPPINESS. THE PROGRAM FOCUSES ON THE WHOLE CHILD CONCENTRATING ON SOCIAL-EMOTIONAL LEARNING (SEL) AND DEVELOPING CURRICULUMS AROUND STUDENTS INTERESTS AND STRENGTHS. AS CHILDREN GAIN CONFIDENCE IN THEIR ABILITIES AND SELF-CONCEPT, THEY ALSO SHOW SIGNIFICANT GAINS IN MATHEMATICS AND LITERACY SKILLS. CHILDREN WHO PARTICIPATE IN LGT FOR SIX WEEKS GAIN AN AVERAGE OF 10-12 WEEKS IN MATHEMATICS AND LITERACY SKILLS. 140429 139891 25322 HEALTHY LIVING ROCK STEADY BOXING AND DOC TALKALL OUR PROGRAMS ARE VALUES-DRIVEN AND STRENGTHEN THE FOUNDATION OF OUR COMMUNITY. THE BURBANK Y IS AFFORDABLE, ACCESSIBLE, AND INCLUSIVE, MADE UP OF PEOPLE OF ALL AGES AND FROM EVERY WALK OF LIFE, ALL WORKING SIDE-BY-SIDE TO ENSURE THAT EVERYONE, REGARDLESS OF GENDER, INCOME, OR BACKGROUND, CAN LIVE LIFE TO ITS FULLEST. WE SERVE OVER 12,000 PEOPLE OF ALL AGES, ABILITIES, RACES, NATIONALITIES, AND RELIGIONS AND PROVIDE FINANCIAL ASSISTANCE TO THOSE WHO NEED IT.ROCK STEADY BOXING IS ONE OF OUR NEWEST PROGRAMS, STARTED IN 2022, AND OFFERS A POWERFUL SOLUTION FOR ADULTS LIVING WITH PARKINSON'S DISEASE (PD). THIS NONCONTACT EXERCISE PROGRAM, LED BY CERTIFIED COACHES, IS DESIGNED TO IMPROVE CORE STRENGTH, BALANCE, RANGE OF MOVEMENT, AND COGNITIVE SKILLS IN PD PATIENTS. ROCK STEADY BOXING PROVIDES AN EVIDENCED BASED APPROACH THAT DECREASES SYMPTOMS AND ENHANCES THE QUALITY OF LIFE FOR THOSE WITH PD. BY ENGAGING THE BODY AND MIND IN VARIOUS ACTIVITIES, OVERALL PHYSICAL AND COGNITIVE ABILITIES IMPROVE AND THROUGH REGULAR PARTICIPATION, INDIVIDUALS EXPERIENCE A DECREASE IN SYMPTOMS AND AN IMPROVEMENT IN THEIR QUALITY OF LIFE. DOC TALK IS A HEALTH INFORMATION SPEAKER-SERIES DESIGNED TO EDUCATE COMMUNITY MEMBERS. LED BY PHYSICIANS, THIS PROGRAM COVERS A DIVERSE RANGE OF MEDICAL TOPICS, INCLUDING PREVENTIVE CARE, CHRONIC DISEASE MANAGEMENT, MENTAL HEALTH, NUTRITION, FITNESS, AND IS OFFERED THROUGH A PARTNERSHIP WITH PROVIDENCE SAINT JOSEPH MEDICAL CENTER. EACH SESSION SERVES AS A PLATFORM FOR INTERACTIVE DISCUSSIONS, ENABLING COMMUNITY MEMBERS TO ASK QUESTIONS, EXCHANGE IDEAS AND ENGAGE IN MEANINGFUL CONVERSATIONS. THE PROGRAM IS OFFERED MONTHLY AND IS OPEN TO THE PUBLIC. 2971355 0 2440896 SOCIAL RESPONSIBILITY YOUTH & GOVERNMENT, SOCIAL IMPACT CENTER, SHOWCASE BASKETBALL, AQUATICS AND OTHERS. THE BURBANK Y YOUTH DEVELOPMENT PROGRAMS MEET YOUNG PEOPLE WHERE THEY ARE, RESPECT THEIR INTERESTS AND INDIVIDUALITY, AND SUPPORT THEIR DREAMS. WHETHER A YOUNG PERSON IS INTERESTED IN SPORTS, POLITICS, OR IS A MEMBER OF THE LGBTQIA+ COMMUNITY, OUR YOUTH DEVELOPMENT PROGRAMS HELP YOUNG PEOPLE GAIN CONFIDENCE, FOSTER SELF-ACCEPTANCE, AND SUPPORT THEIR MENTAL HEALTH AND WELLBEING.YOUTH & GOVERNMENT (Y & G) IS AN EXPERIENTIAL LEARNING PROGRAM THAT PROVIDES A PLATFORM FOR PERSONAL GROWTH AND THE PROGRAM EMPOWERS HIGH SCHOOL STUDENTS TO DEVELOP ESSENTIAL SKILLS. STUDENTS DELVE INTO THE INTRICACIES OF THE LEGISLATIVE, EXECUTIVE, AND JUDICIAL BRANCHES OF GOVERNMENT, EXPLORE THE POLICY PROCESS, AND ANALYZE CURRENT ISSUES. THIS HANDS-ON APPROACH ALLOWS THEM TO ACTIVELY PARTICIPATE AND VOICE THEIR OPINIONS, HONING THEIR LEADERSHIP, PUBLIC SPEAKING, AND DEBATING SKILLS. THROUGHOUT THEIR JOURNEY, STUDENTS DISCOVER THEIR PASSIONS AND STRENGTHS. THE PROGRAM PROVIDES A SUPPORTIVE ENVIRONMENT THAT FOSTERS SELF-DISCOVERY, ENABLING STUDENTS TO EMBRACE THEIR UNIQUE TALENTS AND INTERESTS.SOCIAL IMPACT CENTER (THE CENTER) PLAYS A VITAL ROLE IN PROVIDING SERVICES TO LGBTQIA+ YOUTH, FOSTERING THEIR MENTAL HEALTH AND WELL-BEING, SELF-ACCEPTANCE, AND REDUCING THE RISK OF HOMELESSNESS. BY OFFERING A WIDE RANGE OF INCLUSIVE PROGRAMS AND SERVICES, THE CENTER CREATES A SAFE AND AFFIRMING SPACE WHERE LGBTQIA+ YOUTH CAN BE THEMSELVES UNAPOLOGETICALLY. IN 2023, THE CENTER HOSTED BURBANK'S FIRST PRIDE PROM A ONCE IN A LIFETIME EXPERIENCE FOR LGBTQIA+ MIDDLE AND HIGH SCHOOL STUDENTS WHO WERE ABLE TO EXPERIENCE A PROM THAT NOT ONLY ALLOWED THEM TO BE THEMSELVES BUT CELEBRATED THEM. THE CENTER IS ALSO THE HOME TO OUR LGBTQIA+ SUMMER CAMP. CAMP KALEIDOSCOPE IS AN 11-WEEK PROGRAM OFFERING ACTIVITIES, WORKSHOPS AND FIELD TRIPS TO RENOWNED STUDIOS AND EDUCATIONAL CENTERS. THE CENTER SERVES AS A CATALYST FOR POSITIVE CHANGE, CREATING A BRIGHTER FUTURE FOR THE LGBTQIA+ YOUTH IN OUR COMMUNITY.SHOWCASE BASKETBALL IS A YOUTH SPORTS PROGRAM DEDICATED TO FOSTERING CONFIDENCE, LEADERSHIP, TEAMWORK, AND GOOD SPORTSMANSHIP. OUR PROFESSIONAL COACHES AND FORMER PROFESSIONAL ATHLETES ARE PASSIONATE ABOUT HELPING CHILDREN AND YOUNG ADULTS OF ALL AGES AND SKILL LEVELS REACH THEIR FULL POTENTIAL. WE BELIEVE THAT THE LESSONS LEARNED THROUGH SPORTS EXTEND FAR BEYOND THE ATHLETIC FIELD. THE PROGRAM FOCUSES ON LONG-TERM GROWTH OVER SHORT-TERM GRATIFICATION AND ENCOURAGES EFFORT, ATTITUDE, CHARACTER, AND TEAMWORK.AQUATICSEVERY YEAR THE Y PROVIDES SWIM LESSONS AND AQUATICS PROGRAMS TO OVER 500 PEOPLE, FROM INFANTS TO SENIORS. IN ADDITION TO PROVIDING PROGRESSIVE SWIM LESSONS AND SAFETY SKILLS, THE VARIOUS WATER ACTIVITIES PROMOTE GOOD HEALTH THROUGH LOW IMPACT, REGULAR EXERCISE. THE Y HELPS TO PREVENT DROWNING (THE SECOND LEADING CAUSE OF DEATH AMONG CHILDREN) BY PROVIDING SAFETY AROUND WATER SKILLS FREE OF CHARGE TO CHILDREN FROM LOW-INCOME HOUSEHOLDS IN THE 1ST AND 2ND GRADE. SWIM LESSONS AND WATER FITNESS PROMOTE TEAMWORK, SELF-CONFIDENCE, AND LEADERSHIP SKILLS. THESE PROGRAMS ARE OFFERED AT FEES AFFORDABLE TO THE COMMUNITY AT LARGE, WITH FINANCIAL ASSISTANCE FOR THOSE WHO CANNOT AFFORD THE FULL FEE. EACH MONTH OVER 500 SENIORS PARTICIPATE IN OUR WATER FITNESS CLASSES AND SENIOR FITNESS CLASSES. WATER FITNESS CLASSES PROVIDING GREAT CARDIOVASCULAR AND STRENGTH CONDITIONING EXERCISE WITHOUT EXCESS STRESS ON THEIR JOINTS. THE SENIOR FITNESS CLASSES ALSO HELP TO DEVELOP A SENSE OF COMMUNITY AND BELONGING FOR A GROUP OF INDIVIDUALS THAT OFTEN LIVE IN ISOLATION AND LONELINESS. MANY HAVE DEVELOPED FRIENDSHIPS THAT GO BEYOND THE BRICK AND MORTAR OF THE BUILDING. 2971355 0 2440896 6379819 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 201 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X MARY CUTONE CEO 8188458551 321 E MAGNOLIA BLVD BURBANK CA 91502 BOBOLA AKERSON DIRECTOR 0.50 X 0 0 0 CHRIS WEBER DIRECTOR 0.50 X 0 0 0 DAWN ROTH LINDELL DIRECTOR 0.50 X 0 0 0 EDDIE ARNOLD DIRECTOR 0.50 X 0 0 0 EZRA EVANGELISTA DIRECTOR 0.50 X 0 0 0 JOSEPH CASTANO DIRECTOR 0.50 X 0 0 0 KELLY PENA DIRECTOR 0.50 X 0 0 0 KEVIN GRAY DIRECTOR 0.50 X 0 0 0 KIMBERLINA WHETTAM DIRECTOR 0.50 X 0 0 0 MAGGIE MCELDOWNEY DIRECTOR 0.50 X 0 0 0 MALISSA STRONG DIRECTOR 0.50 X 0 0 0 NOVA BRIGHT-WILLIAMS DIRECTOR 0.50 X 0 0 0 OSCAR MACIAS DIRECTOR 0.50 X 0 0 0 PAMELA MARCELLO DIRECTOR 0.50 X 0 0 0 PRAVEEN RAJASEKHAR DIRECTOR 0.50 X 0 0 0 ROBERTA REYNOLDS DIRECTOR 0.50 X 0 0 0 ROMIK HACOBIAN THROUGH 423 DIRECTOR 0.50 X 0 0 0 RON TOTHACHER THROUGH 423 DIRECTOR 0.50 X 0 0 0 SAM KIM DIRECTOR 0.50 X 0 0 0 STEVE SAUCEDO DIRECTOR 0.50 X 0 0 0 STEVEN MORA DIRECTOR 0.50 X 0 0 0 TAYLOR BERCINI DIRECTOR 0.50 X 0 0 0 TERRY WALKER DIRECTOR 0.50 X 0 0 0 MARY CUTONE CEO & PRESIDENT 40.00 X 201066 0 17612 BRYAN SNODGRASS COO & VICE PRESIDENT 40.00 X 125750 0 10188 AVA ALEXANDER CHIEF DEVELOPMENT OFFICER 40.00 X 116186 0 15428 443002 0 43228 3 0 1 0 0 12851 100000 1059881 1172732 CHILD CARE 624410 2803522 2803522 MEMBERSHIP DUES 813910 1551263 1551263 OTHER PROGRAMS 713990 818894 818894 CAMPS 713990 666192 666192 AQUATICS 713990 232063 232063 6071934 0 12851 41569 -41569 -41569 OTHER INCOME 900099 10320 10320 10320 7213417 6071934 0 -31249 139891 139891 356024 284819 46283 24922 3801591 3102264 431005 268322 686454 521604 134207 30643 242857 199843 25340 17674 44624 44624 127580 127580 287907 89949 92458 105500 56110 1775 48850 5485 79594 35252 44342 59121 59121 200213 200213 131967 105986 18453 7528 27846 5481 22365 177625 177625 340599 210768 129831 121634 121634 PROGRAM SUPPLIES 926836 821938 23490 81408 UTILITIES 215696 215696 BUILDING R&M 198521 198521 BANK FEES 129220 129220 48142 446 47247 449 8400052 6379819 1455937 564296 676426 102522 495 13194 68474 361678 0 109453 108413 10530782 7494506 3113140 3036276 219428 252778 4493814 3568463 545710 813423 245056 247040 3055470 3009458 225307 262906 4071543 4332827 X 73527 -1224886 348744 460522 422271 -764364 4493814 3568463 -1186635 0 X X 0 1 X 1 0 X 447153 358172 2083513 2019458 1174364 6082660 447153 358172 2083513 2019458 1174364 6082660 149277 5933383 3740 76750 80490 162665 10320 172985 6336135 13488900 0.93640 0.91640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS MISCELLANEOUS INCOME VOIDED CHECKS - 2019 AMOUNT: $ 162,665. OTHER INCOME - 2023 AMOUNT: $ 10,320. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1759408 1759408 7847672 6796355 1051317 706536 517654 188882 217166 180497 36669 3036276 RIGHT OF USE ASSETS 252778 252778 RIGHT OF USE LIABILITY 262906 262906 X 7119227 0 7119227 94190 94190 7213417 8305862 0 8305862 94190 94190 8400052 PART X, LINE 2: THE ORGANIZATION HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701 OF THE CALIFORNIA REVENUE TAXATION CODE. U.S. GAAP PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES GENERALLY THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 4B RECLASSIFICATION OF FUNDRAISING EXPENSE -$45,701 FINANCIAL ASSISTANCE RECLASSED TO EXPENSE $139,891 PART XII, LINE 4B FUNDRAISING EXPENSE RECLASSED TO INCOME -$45,701 FINANCIAL ASSISTANCE RECLASSED TO EXPENSE $139,891 0 FINANCIAL ASSISTANCE 301 139891 0 0 0 0 0 0 0 0 0 MARY CUTONE CEO & PRESIDENT 201066 0 0 0 0 0 16198 0 1414 0 218678 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A FORM 990, PART VI, SECTION A, LINE 1A: THE BOARD, BY RESOLUTION ADOPTED BY A MAJORITY OF THE ENTIRE BOARD, MAY DESIGNATE ONE OR MORE COMMITTEES, INCLUDING AN EXECUTIVE COMMITTEE, EACH CONSISTING OF TWO (2) OR MORE DIRECTORS, TO SERVE AT THE PLEASURE OF THE BOARD AND TO EXERCISE THE AUTHORITY OF THE BOARD TO THE EXTENT PROVIDED IN THE RESOLUTION ESTABLISHING THE COMMITTEE, EXCEPT THAT NO COMMITTEE OF THE CORPORATION, INCLUDING, WITHOUT LIMITATION, ANY COMMITTEES ESTABLISHED IN ARTICLE VI OF THE BYLAWS, SHALL HAVE AUTHORITY TO: (A) APPROVE ANY ACTION FOR WHICH THE CALIFORNIA NONPROFIT CORPORATION LAW, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS REQUIRES APPROVAL BY THE ENTIRE BOARD. (B) FILL VACANCIES ON THE BOARD OR IN ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD. (C) AMEND OR REPEAL THESE BYLAWS OR ADOPT NEW BYLAWS. (D) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE. (E) APPOINT COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF. (F) EXPEND CORPORATE FUNDS TO SUPPORT A NOMINEE FOR DIRECTOR AFTER THERE ARE MORE PEOPLE NOMINATED FOR DIRECTOR THAN CAN BE ELECTED. (G) APPROVE ANY SELF-DEALING TRANSACTION, EXCEPT AS PROVIDED IN SECTION 5233(D)(3) OF THE CALIFORNIA NONPROFIT CORPORATION LAW. THE DESIGNATION OF A COMMITTEE OF THE BOARD AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OR ANY MEMBER THEREOF OF ANY RESPONSIBILITY IMPOSED BY LAW. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS REVIEWED THE DOCUMENTS AND PRESENTED QUESTIONS WHICH WERE ADDRESSED BY THE MANAGEMENT TEAM. BOTH THE AUDITED FINANCIAL STATEMENTS AND FORM 990 WERE PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, OR MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS, WITH A DIRECT OR INDIRECT CONFLICTING INTEREST, INCLUDING ANY FINANCIAL INTEREST, ARE REQUIRED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY AND COMPLETE AN ANNUAL STATEMENT REPORTING ANY POTENTIAL CONFLICTS. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE CONFLICTING INTEREST, INCLUDING ANY FINANCIAL INTEREST, AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED CONTRACT, TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE ACTUAL OR POSSIBLE CONFLICTING INTEREST, INCLUDING ANY FINANCIAL INTEREST, AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, SUCH PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICTING INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICTING INTEREST EXISTS. AN INTERESTED PERSON MAY PRESENT AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, SUCH PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE CONTRACT, TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICTING INTEREST. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A DIRECTOR, A MEMBER OF THE COMMITTEE, OR A PRINCIPAL OFFICER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTD OF INTEREST, IT SHALL INFORM SUCH PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE PERSON HAS FAILED TO DISCLSOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN: (A) THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE AN ACTUAL OR POSSIBLE CONFLICTING INTEREST, INCLUDING ANY FINANCIAL INTEREST, THE NATURE OF THE CONFLICTING INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICTING INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICTING INTEREST EXISTED; AND (B) THE NAMES OF THE PERSONS PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE CONTRACT, TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED CONTRACT, TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 15A THE ANNUAL PROCESS FOR DETERMINING COMPENSATION OF THE CEO INCLUDES REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE, USE OF COMPARABILITY DATA AND CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEW THE CEO'S SALARY AND SET IT. THEY ALSO PERFORM AN ANNUAL PERFORMANCE REVIEW OF THE CEO AND DETERMINE IF A BONUS IS EARNED. THE REVIEW INCLUDES A PERFORMANCE EVALUATION AGAINST GOALS SET FOR THE YEAR; THE SALARY INCREASE AND PERFOMRANCE RATINGS ARE BASED ON THE ACHIEVEMENT OF THESE GOALS. THIS PROCESS IS DONE IN THE EXECUTIVE SESSION OF THE BOARD MEETING. THE CEO REVIEWS THE MANAGEMENT STAFF AGAINST GOALS AND DETERMINES THEIR SALARIES. SALARY INCREASES ARE BASED ON THESE GOALS AND ACHIEVEMENTS, AS WELL AS MARKET INDICATORS. THIS PROCESS WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS REQUIRED TO BE AVAILABLE TO THE PUBLIC ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.