Civic Intelligence

Yakima County Development Association D/B/A New Vision

990 • Fiscal year 2017 • EIN 91-1284283

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 29, 2018

PO Box 1387Yakima, WA 98907-1387

(509) 575-1140

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.08x

Higher debt load relative to revenue than 53% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

1st percentile

-176%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

80th percentile

$124,464

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 53.6% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

4th percentile

-35%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-22%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$783,933

Down $429,032 (-35%) from 2016

Net Assets

Down

$765,564

Down $405,275 (-35%) from 2016

Liabilities

Down

$18,369

Down $23,757 (-56%) from 2016

Revenue

Down

$232,411

Down $67,379 (-22%) from 2016

Expenses

Up

$640,651

Up $102,224 (+19%) from 2016

Net Income

Down

-$408,240

Down $169,603 (-71%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,475,523Liabilities 2010: $44,292Net Assets 2010: $1,431,2312010Assets 2011: $1,278,497Liabilities 2011: $63,586Net Assets 2011: $1,214,9112011Assets 2012: $1,033,146Liabilities 2012: $81,422Net Assets 2012: $951,7242012Assets 2013: $1,691,813Liabilities 2013: $141,267Net Assets 2013: $1,550,5462013Assets 2014: $1,755,852Liabilities 2014: $144,411Net Assets 2014: $1,611,4412014Assets 2015: $1,438,819Liabilities 2015: $32,630Net Assets 2015: $1,406,1892015Assets 2016: $1,212,965Liabilities 2016: $42,126Net Assets 2016: $1,170,8392016Assets 2017: $783,933Liabilities 2017: $18,369Net Assets 2017: $765,5642017Assets 2018: $2,006,104Liabilities 2018: $24,556Net Assets 2018: $1,981,5482018Assets 2019: $2,016,699Liabilities 2019: $52,755Net Assets 2019: $1,963,9442019Assets 2020: $2,653,869Liabilities 2020: $882,764Net Assets 2020: $1,771,1052020

Highlighted filing

2017

Assets$783,933
Liabilities$18,369
Net Assets$765,564

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $469,3632010Expenses 2011: $498,2032011Expenses 2012: $504,5952012Revenue 2013: $1,206,454Expenses 2013: $607,632Net Income 2013: $598,8222013Revenue 2014: $642,587Expenses 2014: $581,692Net Income 2014: $60,8952014Revenue 2015: $336,083Expenses 2015: $545,877Net Income 2015: -$209,7942015Revenue 2016: $299,790Expenses 2016: $538,427Net Income 2016: -$238,6372016Revenue 2017: $232,411Expenses 2017: $640,651Net Income 2017: -$408,2402017Revenue 2018: $2,029,942Expenses 2018: $813,958Net Income 2018: $1,215,9842018Revenue 2019: $734,069Expenses 2019: $751,673Net Income 2019: -$17,6042019Revenue 2020: $12,280,886Expenses 2020: $12,473,725Net Income 2020: -$192,8392020

Highlighted filing

2017

Revenue$232,411
Expenses$640,651
Net Income-$408,240
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 29, 2018
Return Version
2017v2.3
Gross Receipts
$232,411
Mission and Program Overview

Mission

Enhance the income, quality of life, and employment stability of yakima county residents by retaining, expanding, and recruiting business and industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$564,489$287,514▼ $276,975
Savings and Temporary Cash Investments$262,367$273,685▲ $11,318
Cash and Non-Interest-Bearing Accounts$341,903$170,690▼ $171,213
Prepaid Expenses and Deferred Charges$10,119$18,561▲ $8,442
Land, Buildings, and Equipment, Net$24,182$18,423▼ $5,759
Total Assets$1,212,965$783,933▼ $429,032
Other Assets Total$9,905$15,060▲ $5,155
Liabilities
Accounts Payable and Accrued Expenses$18,039$17,769▼ $270
Deferred Revenue$24,087$600▼ $23,487
Total Liabilities$42,126$18,369▼ $23,757
Net Assets / Fund Balance
Unrestricted Net Assets$929,016$762,227▼ $166,789
Temporarily Rstr Net Assets$241,823$3,337▼ $238,486
Total Net Assets Fund Balance$1,170,839$765,564▼ $405,275
Total Liabilities and Net Assets / Fund Balance$1,212,965$783,933▼ $429,032

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,423$39,292$57,715
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan SmithExecutive DirectorFT$119,556$4,908$124,464

Board Members and Trustees

NameTitle
Jeff LoumanChairman
Moriet MiketaPast Chair
Dan MarplesVice Chair
Adam DolsenDirector
Brad HansenDirector
Bryan MyreDirector
David KearbyDirector
David MurrayDirector
Debbie ByrdDirector
Diane PattersonDirector
Doug RichDirector
Jay HesterDirector
John GallagherDirector
Jordan MatsonDirector
Kevin BoucheyDirector
Lance HoytDirector
Mario MartinezDirector
Michael J ThornerDirector
Mike BattleDirector
Mike LeitaDirector
Norm ChildressDirector
Patrick BaldozDirector
Pete MarinaceDirector
Randy FenichDirector
Sean HawkinsDirector
Beth KlingeleSecretary
David CobiaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$231,405
Program Service Revenue
$0
Investment Income
$1,006
Other Revenue
$0
All Other Contributions
$73,258
Change in Net Assets
$-408,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$366,590
Other Expenses$274,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$188,102
Current Officers, Directors, Trustees, and Key Employees---$124,464
Occupancy---$41,025
Fees for Services Other---$31,365
Payroll Taxes---$26,276
Other Employee Benefits---$22,798
Other Expenses---$16,902
Fees for Services Accounting---$11,200
All Other Expenses---$7,682
Depreciation Depletion---$7,559
Travel---$6,879
Conferences and Meetings---$6,518
Advertising---$5,160
Pension Plan Contributions---$4,950
Insurance---$3,834
Office Expenses---$2,353
Fees for Services Legal---$580
Total Functional Expenses$0$0$0$640,651
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Executive committee will review and discuss form 990 before distribution to the entire board of directors for filing approval.

Form 990, Part VI, Section B, Line 12C

The association has all new board members sign a conflict of interest agreement. As an additional step, the association asks board members to disclose any potential conflicts of interest prior to taking any significant action during the course of doing business.

Form 990, Part VI, Section B, Line 15

The board uses a compensation committee comprised of the past chair, current chair and vice chair of the association. This committee conducts a salary survey of similar organizations to determine appropriate compensation for its top executive. This survey is complimented by a review of the executive's performance against annual goals. The compensation committee's recommendations are approved by the executive committee and incorporated into the association's annual budget. The executive director determines compensation for other employees by conducting periodic salary surveys of similar organizations. The executive committee reviews and establishes compensation for other employees after reviewing the executive director's findings and recommendations.

Form 990, Part VI, Section C, Line 19

The association makes its governing documents, conflict of interest policy and financial statements (irs form 990) available to the public by request.

Filing and Contact Details

Filer

Filer Name
Yakima County Development Association
EIN
91-1284283
Phone
5095751140
Address
PO BOX 1387, YAKIMA, WA 98907-1387

Signing Officer

Name
Jonathan Smith
Title
Executive Director
Phone
5095751140
Signed
2018-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Smith
Formed
1985
Legal Domicile
Wa
Voting Board Members
26
Independent Board Members
26
Employees
7
Volunteers
30

Preparer

Firm
Alegria & Company Ps
Address
601 N 39TH AVENUE, YAKIMA, WA 98902
Preparer
Barry Warner
Phone
5095751065
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There was no change in the oversight process from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the association and recognize a tax liability (or asset) if the association has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken by the association, and has concluded that as of december 31, 2017 and 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The association is subject to audits by taxing authorities; however, there are currently no audits for any tax periods in progress.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GovernmentGrantsAmt0138157
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0232411
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt026
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt03834
IRS990/InvestmentIncomeGrp/ExclusionAmt01006
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01006
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt039292
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024182
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018423
IRS990/LandBldgEquipCostOrOtherBssAmt057715
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ENHANCE THE INCOME, QUALITY OF LIFE, AND EMPLOYMENT STABILITY OF YAKIMA COUNTY RESIDENTS BY RETAINING, EXPANDING, AND RECRUITING BUSINESS AND INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01170839
IRS990/NetAssetsOrFundBalancesEOYAmt0765564
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/TotalAmt041025
IRS990/OfficeExpensesGrp/TotalAmt02353
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09905
IRS990/OtherAssetsTotalGrp/EOYAmt015060
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022798
IRS990/OtherExpensesGrp/Desc0CAMPGAIN EXPENSES
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT LEASE AND MAI
IRS990/OtherExpensesGrp/TotalAmt0111890
IRS990/OtherExpensesGrp/TotalAmt121114
IRS990/OtherExpensesGrp/TotalAmt216902
IRS990/OtherSalariesAndWagesGrp/TotalAmt0188102
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt026276
IRS990/PensionPlanContributionsGrp/TotalAmt04950
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0564489
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0287514
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010119
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018561
IRS990/PrincipalOfficerNm0JONATHAN SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0YCDA SUPPORTS BUILDING LOCAL BUSINESS AND PROVIDES WORKFORCE AND COMMUNITY LEADERSHIP. IN 2017, YCDA SUPPORTED 6 LOCAL BUSINESS EXPANSION PROJECTS AND PERFORMED 72 LOCAL COMPANY OUTREACH VISITS RESULTING IN 78 NEW JOBS EQUATING TO $4.3 MILLION ANNUAL PAYROLL. YCDA HOSTED 2 WELCOME RECEPTIONS WITH OVER 110 ATTENDEES, ORGANIZED 4 SPECIALIZED WORKFORCE TRAINING PROGRAMS HELPING 140 EMPLOYEES INCREASE THEIR SKILLS FOR 25 PARTICIPATING COMPANIES. OUR ORGANIZATION HELD 7 INDUSTRY ROUNDTABLES WITH 60 LOCAL ATTENDING COMPANIES, SUPPORTING OVER 310 LOCAL BUSINESS PROFESSIONALS.
IRS990/ProgSrvcAccomActy3Grp/Desc0YCDA HELPS THE YAKIMA VALLEY PREPARE FOR ECONOMIC OPPORTUNITIES BY ADVOCATING FOR AND DRIVING INVESTMENTS IN WORKFORCE DEVELOPMENT AND PUBLIC INFRASTRUCTURE (ROADS, WATER, SEWER, ETC.). IN 2017, THE ASSOCIATION ADMINISTERED $2.62 MILLION IN SIED FUNDING AND HELPED 4 MUNICIPALITIES SECURE FUNDING FOR PUBLIC WORK PROJECTS FACILITATING ECONOMIC DEVELOPMENT GROWTH. YCDA LISTED AN AVERAGE OF 75 AVAILABLE SITES AND BUILDINGS ON ITS GEOGRAPHIC INFORMATION SYSTEMS MARKETING DATABASE.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0299025
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0765
IRS990/PYOtherExpensesAmt0165678
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-238637
IRS990/PYSalariesCompEmpBnftPaidAmt0372749
IRS990/PYTotalExpensesAmt0538427
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0299790
IRS990/ReconcilationRevenueExpnssAmt0-408240
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
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IRS990/RelatedOrganizationsAmt019990
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0262367
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0273685
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt018423
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039292
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt057715
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018423
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE COMMITTEE WILL REVIEW AND DISCUSS FORM 990 BEFORE DISTRIBUTION TO THE ENTIRE BOARD OF DIRECTORS FOR FILING APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION HAS ALL NEW BOARD MEMBERS SIGN A CONFLICT OF INTEREST AGREEMENT. AS AN ADDITIONAL STEP, THE ASSOCIATION ASKS BOARD MEMBERS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST PRIOR TO TAKING ANY SIGNIFICANT ACTION DURING THE COURSE OF DOING BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD USES A COMPENSATION COMMITTEE COMPRISED OF THE PAST CHAIR, CURRENT CHAIR AND VICE CHAIR OF THE ASSOCIATION. THIS COMMITTEE CONDUCTS A SALARY SURVEY OF SIMILAR ORGANIZATIONS TO DETERMINE APPROPRIATE COMPENSATION FOR ITS TOP EXECUTIVE. THIS SURVEY IS COMPLIMENTED BY A REVIEW OF THE EXECUTIVE'S PERFORMANCE AGAINST ANNUAL GOALS. THE COMPENSATION COMMITTEE'S RECOMMENDATIONS ARE APPROVED BY THE EXECUTIVE COMMITTEE AND INCORPORATED INTO THE ASSOCIATION'S ANNUAL BUDGET. THE EXECUTIVE DIRECTOR DETERMINES COMPENSATION FOR OTHER EMPLOYEES BY CONDUCTING PERIODIC SALARY SURVEYS OF SIMILAR ORGANIZATIONS. THE EXECUTIVE COMMITTEE REVIEWS AND ESTABLISHES COMPENSATION FOR OTHER EMPLOYEES AFTER REVIEWING THE EXECUTIVE DIRECTOR'S FINDINGS AND RECOMMENDATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS (IRS FORM 990) AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00

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