Polynesian Cultural Center

“The bylaws of the organization provide that the members of the board of directors are appointed by the first presidency of the church of jesus christ of latter-day saints.”

“The form 990 is carefully reviewed by the organization's controller, vice president of finance and president prior to filing. The form 990 is also reviewed by the organization's legal counsel and is provided to the board of directors prior to filing for their review.”

“All new employees are provided a copy of the centers conflict of interest policy and must provide written certification that they are in compliance with this policy or disclose possible exceptions to that policy. Additionally, all employees are required to annually certify that they have read the conflict of interest policy and are in compliance with this policy. All disclosed possible exceptions are further reviewed by the officer team. Also, a disclosure questionnaire is distributed to all board members on an annual basis where they confirm whether any family or business relationships exist among themselves or with the center.”

“The centers benefit/compensation department uses data from watson wyatt services and the hawaii employers council to formulate salary ranges for executives. The goal is to remain competetive in hawaii and to be able to recruit potential employees from the mainland. The information is compiled into a report and is provided to the compensation committee of the board of directors. The board uses this information to determine the ceo's salary and also gives approval for salaries to other officers of the center.”

“Copies of governing documents, conflict of interest policy and financial statements are not made available to the general public other than information available in the form 990 and form 1023 which are provided upon request.”

“2016 hawaii capital goods credit 13,478. 2017 hawaii capital goods credit -12,008. Pension and postretirement-related changes -3,577,000. Rounding difference 587.”