2023-11-11T10:17:46-06:00 2023-06-30 111986323 MARCUM LLP 1601 MARKET STREET FL 4 PHILADELPHIA PA 19103 990 2022-07-01 221912812 MULTIPLE SCLEROSIS ASSOCIATION OF AMERICA INC MULT 8564884500 375 KINGS HIGHWAY NORTH CHERRY HILL NJ 08034 GINA R MURDOCH PRESIDENT AND CEO 8564884500 2023-11-10 1 GINA MURDOCH XXX-XX-XXXX 0 FRANK H SMITH P00639053 2152972100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GINA R MURDOCH 375 KINGS HIGHWAY NORTH CHERRY HILL NJ 08034 13780113 0 X WWW.MYMSAA.ORG X 1970 NJ THE ASSOC. IMPROVES LIVES TODAY FOR THE ENTIRE MS COMMUNITY THROUGH VITAL SERVICES AND SUPPORT. 14 14 35 41 64261 0 8720632 8039357 113682 104564 22247 64033 -39010 55275 8817551 8263229 842234 781650 0 0 2381889 2899320 66051 57133 2374598 4959942 4633681 8250116 8371784 567435 -108555 7956030 8324074 1461531 1625392 6494499 6698682 X THE MULTIPLE SCLEROSIS ASSOCIATION OF AMERICA, INC. (THE ASSOCIATION) IS A LEADING RESOURCE FOR THE ENTIRE MS COMMUNITY, IMPROVING LIVES TODAY THROUGH VITAL SERVICES AND SUPPORT. 0 0 4144306 781650 104564 1- PATIENT SERVICES: MSAA'S MRI ACCESS PROGRAM PROVIDES ASSISTANCE FOR MS PATIENTS OR INDIVIDUALS WHO HAVE A SUSPECTED MS DIAGNOSIS OR WHO HAVE AN MS DIAGNOSIS AND NEED MRI SCANS FOR THE PURPOSE OF PROVIDING A DIAGNOSIS OR TRACKING PROGRESSION. MSAA'S MRI, COOLING AND EQUIPMENT PROGRAM SERVES INDIVIDUALS WHOSE INCOME IS BELOW 300% OF THE FEDERAL POVERTY GUIDELINES AND ARE OTHERWISE UNABLE TO AFFORD MRI'S, COOLING VESTS AND SAFETY EQUIPMENT ITEMS. DURING FY23, MSAA APPROVED MORE THAN 1,000 ELIGIBLE INDIVIDUALS FOR MRI SCANS WITH A VALUE IN EXCESS OF $518,000. (CONTINUE IN SCHEDULE O)MSAA'S EQUIPMENT DISTRIBUTION PROGRAM HELPS INDIVIDUALS WITH MS OBTAIN EQUIPMENT ITEMS THAT THEY NEED IN ORDER TO BEST MANAGE THEIR MS. MSAA'S COOLING PROGRAM PROVIDES COOLING APPAREL THAT HELPS TO ALLEVIATE HEAT SENSITIVITY ISSUES FOR MS PATIENTS THROUGHOUT THE COUNTRY. DURING FY23 MSAA DELIVERED NEARLY 2,200 PIECES OF SAFETY, MOBILITY, AND COOLING PRODUCTS TO INDIVIDUALS AFFECTED BY MS WITH A VALUE IN EXCESS OF $263,000. DURING FY21 MSAA EXPANDED THE HOURS OF ITS NATIONAL TOLL-FREE HELPLINE AND MADE SEVERAL REVISIONS TO OUR CORE SIGNATURE SERVICES IN RESPONSE TO THE CORONAVIRUS PANDEMIC AND ITS IMPACT ON THE MS COMMUNITY. (MSAA'S EXTENDED HELPLINE HOURS CONTINUED THROUGHOUT FY22 AND HAVE REMAINED IN FY23.) ALL THREE PROGRAMS NOW OFFER ONLINE APPLICATIONS WHICH CAN BE FOUND ON MYMSAA.ORG. PROGRAM APPLICATIONS ARE ALSO AVAILABLE AS PDF DOWNLOADS IN BOTH ENGLISH AND SPANISH FROM THE WEBSITE. THROUGHOUT THE FISCAL YEAR, MSAA HOSTED WELL-ATTENDED VIRTUAL EDUCATIONAL PROGRAMS TO ADDRESS VITAL TOPICS TO THE MS COMMUNITY INCLUDING WEBINARS ON HEALTH DISPARITIES AMONG THE AFRICAN AMERICAN AND HISPANIC AMERICAN POPULATIONS, MS RESEARCH, NUTRITION, AND WELLNESS, AS WELL AS OTHER IMPORTANT TOPICS. 669601 2- PUBLIC EDUCATION, INFORMATION & REFERRAL: THE MSAA'S NATIONAL EDUCATIONAL PROGRAMS DELIVER HIGH-QUALITY, INFORMATIVE PROGRAMMING TO MS PATIENTS, CARE PARTNERS AND HEALTHCARE PROFESSIONALS NATIONWIDE. THESE PROGRAMS COVER A VARIETY OF TOPICS ALL AIMED AT IMPROVING HEALTH OUTCOMES FOR MS PATIENTS. MSAA PARTNERS WITH A NATIONAL NETWORK OF HEALTHCARE PROFESSIONALS TO PRESENT PROGRAMS OF SCIENTIFIC AND EDUCATIONAL VALUE. THESE IN-PERSON AND VIRTUAL EDUCATIONAL PROGRAMS COVER A WIDE BREADTH OF TOPICS, RANGING FROM ADVANCES IN DISEASE RESEARCH AND SYMPTOM MANAGEMENT, TO NUTRITION AND WELLNESS ACTIVITIES AS WELL AS PROGRAMS TAILORED TO MEN/WOMEN LIVING WITH MS AND PROGRAMS CURATED FOR UNDERSERVED POPULATIONS. (CONTINUE IN SCHEDULE O) MSAA ALSO REGULARLY OFFERS VIRTUAL AND DIGITAL-PROGRAMMING FOCUSED ON SCIENTIFIC UPDATES IN DISEASE MANAGEMENT AND BEST PRACTICES IN TREATMENT PROTOCOL FOR HEALTH CARE PROFESSIONALS THAT TREAT THOSE LIVING WITH MS, SUCH AS NEUROLOGISTS AND NURSES. IN 2019, MSAA ALSO CONVENED THE MS AFRICAN-AMERICAN ADVISORY BOARD, AND A HISPANIC/LATINX ADVISORY BOARD COMPRISED OF MS HEALTHCARE PROFESSIONALS, PATIENTS AND CARE PARTNERS, TO DEVELOP A FIVE YEAR PLAN OF INITIATIVES TO SERVE THE AFRICAN-AMERICAN AND HISPANIC/LATINX MS PATIENT COMMUNITIES. ADDITIONALLY, MSAA CONVENED A SERIES OF ROUND TABLE DISCUSSIONS WITH LEADING MS NEUROLOGISTS AND PAYERS TO EXPLORE HOW THE HEALTHCARE SYSTEM COULD BETTER SERVE THE MS COMMUNITY AND IDENTIFY COMMON INTERESTS. THE FINDINGS FROM BOTH OF THESE INITIATIVES ARE BEING DEVELOPED AS WHITE PAPERS AND WILL BE BROADLY DISSEMINATED WITHIN THE MS COMMUNITY.THROUGH PUBLICATIONS, VIDEOS, PODCASTS, THE ASSOCIATION'S WEBSITE, A HELPLINE, AND EDUCATIONAL PROGRAMS, THE ASSOCIATION PROVIDES THE MS COMMUNITY AND THE GENERAL PUBLIC WITH VITAL INFORMATION ABOUT THE DISEASE, THE MANAGEMENT OF SYMPTOMS AND BREAKTHROUGHS IN RESEARCH. THE ASSOCIATION PUBLISHES A NATIONAL MAGAZINE THE MOTIVATOR DISTRIBUTED BIANNUALLY WITH A CIRCULATION OF APPROXIMATELY 95,000. THE MAGAZINE IS ALSO AVAILABLE AS A DIGITAL EDITION. INDIVIDUAL CLIENT NEEDS ARE MET THROUGH THE ASSOCIATION'S NATIONAL TOLL-FREE HELPLINE. OUR TRAINED SOCIAL WORKERS RESPONDED TO MORE THAN 19,000 CLIENT INQUIRIES IN FY23 AND PROVIDED THESE CLIENTS WITH CONTACTS TO APPROPRIATE SERVICES THROUGHOUT THE NATION. MSAA'S WEBSITE HAD MORE THAN 680,000 SESSIONS DURING THE YEAR ENDED JUNE 30, 2023. THE ASSOCIATION OFFERS A MOBILE PHONE APPLICATION TO ASSIST ITS CLIENTS IN MONITORING, TRACKING AND MANAGING THEIR MS AS WELL AS SHARINGE DATA WITH THEIR PHYSICIAN. THE ASSOCIATION EMPLOYS VARIOUS DIGITAL TACTICS TO COMMUNICATE WITH ITS CONSTITUENTS. THE ASSOCIATION IS ACTIVE ON 6 DIFFERENT SOCIAL MEDIA PLATFORMS. THE ASSOCIATION ALSO HOSTS A BLOG, OFFERS AN ONLINE PEER-TO-PEER COMMUNITY AND ANSWERS QUESTIONS THROUGH ITS MS QUESTIONS EMAIL OPTION AND WEBSITE CHAT FEATURE. THE ASSOCIATION RECEIVED A GOOGLE GRANT VALUED AT $130,000 IN FY'23. THIS ALLOWED THE ASSOCIATION TO PROMOTE THE ORGANIZATION'S PROGRAMS AND SERVICES VIA KEYWORDS THROUGH GOOGLE'S SEARCH ENGINE IN AN EFFORT TO ASSIST INDIVIDUALS SEARCHING FOR INFORMATION ONLINE RELATED TO MS. MSAA RECEIVED THE FOLLOWING AWARDS DURING FY23: APEX AWARD FOR EXCELLENCE FOR THE WINTER/SPRING 2022 EDITION OF THE MOTIVATOR MAGAZINE FEATURING THE COVER STORY, THE THERAPEUTIC VALUE OF THE ARTS; SILVER DIGITAL HEALTH AWARD FOR MSAA'S COVID-19 VACCINES AND MS VIDEO SERIES; MERIT DIGITAL HEALTH AWARD FOR MSAA'S ULTIMATE MS TREATMENT GUIDE; MERIT DIGITAL HEALTH AWARD FOR MSAA'S ART SHOWCASE. IN ADDITION, THERE WERE 413,000 CUMULATIVE VIEWS OF MSAA'S 140 ON-DEMAND VIDEO PROGRAMS, 61,000+ TOTAL CUMULATIVE DOWNLOADS OF MSAA'S MOBILE APP, MY MS MANAGER, 4,200 TOTAL DOWNLOADS OF EPISODES OF MSAA'S PODCAST AND MORE THAN 8,300 CUMULATIVE MEMBERS OF MY MSAA COMMUNITY, MSAA'S ONLINE PEER TO PEER FORUM. IN 2022, MSAA RELEASED THE ULTIMATE MS TREATMENT GUIDE, A FIRST OF ITS KIND REFERENCE TOOL THAT AIDES THOSE LIVING WITH MS, THEIR LOVED ONES, AND COMMUNITY NEUROLOGISTS IN BETTER UNDERSTANDING THE WIDE ARRAY OF DISEASE MODIFYING THERAPIES AVAILABLE TO THE MS COMMUNITY. THE ULTIMATE MS TREATMENT GUIDE IS FULLY INTERACTIVE AND ALLOWS USERS TO FILTER AVAILABLE THERAPY OPTIONS BY TYPE OF MS, HOW IT'S TAKEN, AND BY DATE APPROVED BY THE FDA. THE ULTIMATE MS TREATMENT GUIDE ALSO INCLUDES IN-DEPTH TESTIMONIALS FROM LEADING MS SPECIALISTS AND PATIENT ADVOCATES ON EACH OF ITS PAGES, AS WELL AS A COMPARISON TOOL, ALLOWING A USER TO DIRECTLY COMPARE UP TO THREE MS THERAPIES AT ONE TIME. 4813907 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 54 0 1 35 1 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA CT GA HI KY MA MI MN NC NH NJ NM NY OH OR PA SC UT WA WI WV X X DONNA MCFADDEN 8564884500 375 KINGS HIGHWAY NORTH CHERRY HILL NJ 08034 JENNIFER SCHWARTZ ESQUIRE CHAIRPERSON 1.00 X X 0 0 0 MERYL RAVITZ CPA TREASURER 1.00 X X 0 0 0 BARRY A SINGER MD DIRECTOR 1.00 X 0 0 0 ERIC K BOSSARD VICE CHAIRPERSON 1.00 X X 0 0 0 WENDY B SCOTT DIRECTOR 1.00 X 0 0 0 MICHAEL LUBBEN DIRECTOR 1.00 X 0 0 0 MARTHA BAIRD SENTURIA DIRECTOR 1.00 X 0 0 0 MICHAEL SCHOENHAUT DIRECTOR 1.00 X 0 0 0 KELLY WATERS SECRETARY 1.00 X X 0 0 0 ANDREW WOO MD PHD DIRECTOR 1.00 X 0 0 0 JULIAN GAMBOA DIRECTOR 1.00 X 0 0 0 JENNIFER SHIRLEY DIRECTOR 1.00 X 0 0 0 AUDREY ALLSOPP DIRECTOR 1.00 X 0 0 0 ANN BAIRD BISHOP DIRECTOR 1.00 X 0 0 0 GINA R MURDOCH PRESIDENT & CEO 37.50 X 297133 0 37741 ANDREA GRIFFIN VP OF COMMUNICATIONS & MARKETING 37.50 X 146390 0 15403 AMANDA MONTAGUE CHIEF MISSION OFFICER 37.50 X 178178 0 18597 REBECCA MOONEY VP OF DEVELOPMENT (ENDED 06/30) 37.50 X 149643 0 22870 KYLE PINION VP OF MISSION DELIVERY (ENDED 12/22) 37.50 X 114400 0 11967 885744 0 106578 5 0 1 0 RKD GROUP 35 PARKWOOD DRIVE SUITE 160 HOPKINTON MA 01748 DIRECT MAIL 1276040 IMPACT EDUCATION 589 SKIPPACK PIKE SUITE 200 BLUE BELL PA 19422 DEVELOPMENT OF WEB BASED PROGRAMS FOR H 290375 SEQSTER PDM INC 7310 MIRAMAR RD SAN DIEGO CA 92126 SOFTWARE DEVELOPMENT 200916 ADSTRA 750 COLLEGE RD EAST SUITE 201 PRINCETON NJ 08540 DIRECT MAIL 187802 ALLEGIANCE GROUP 3064 49TH STREET S FARGO ND 58104 DIGITAL FUNDRAISING 172266 7 43526 632407 7363424 43606 8039357 PATIENT SERVICES 541900 104564 104564 104564 141631 141631 5092858 5170456 -77598 -77598 -77598 337442 632407 346428 -8986 -8986 ADVERTISING 541800 64261 64261 64261 8263229 104564 64261 55047 781650 781650 936835 594111 219646 123078 1432622 797979 529119 105524 39418 21666 14968 2784 301633 170450 117469 13714 188812 112892 57295 18625 72632 70686 1354 592 37247 24668 8752 3827 57133 57133 31179 20649 7326 3204 398651 210860 13269 174522 947 627 223 97 51267 34379 11750 5138 129204 89917 27334 11953 19430 11143 6200 2087 154849 133023 15186 6640 36781 24359 8643 3779 75775 46267 23026 6482 28195 18673 6625 2897 PRINTING 1057416 245083 39326 773007 PATIENT ASSISTANCE 975590 975590 POSTAGE 846668 205005 31474 610189 DIRECT MAIL COST 506988 116754 18892 371342 210862 107476 25402 77984 8371784 4813907 1183279 2374598 X 2406686 554234 89680 1762772 61298 47861 2194813 1345671 103361 164892 202759 167215 1566408 493173 1145235 1073235 4248564 5525200 7956030 8324074 577861 750305 883670 875087 1461531 1625392 X 5243875 4554069 1250624 2144613 6494499 6698682 7956030 8324074 -108555 312738 0 X X 0 1 X 1 0 X 7767854 7267809 7770132 8720632 8039358 39565785 7767854 7267809 7770132 8720632 8039358 39565785 3986293 35579492 100995 91584 166382 150438 141631 651030 166740 205062 196148 113682 168825 850457 41067272 0.86640 0.88590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 403000 403000 477311 97910 379401 342067 92866 249201 185360 148773 36587 158670 153624 5046 1073235 X 8891216 312738 346428 659166 8232050 31179 31179 8263229 8687033 346428 346428 8340605 31179 31179 8371784 PART X, LINE 2: MANAGEMENT OF MSAA CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO MSAA'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES MSAA MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS IN FILED INCOME TAX RETURNS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE MSAA'S FINANCIAL STATEMENTS. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROCESS. MSAA ENGAGED IN CERTAIN ACTIVITIES THAT DID NOT CONTRIBUTE DIRECTLY TO ITS EXEMPT PURPOSES. UNDER THE INTERNAL REVENUE CODE, A CORPORATE INCOME TAX IS IMPOSED ON THE NET INCOME GENERATED BY THESE UNRELATED BUSINESS ACTIVITIES. THE TAX ON UNRELATED BUSINESS INCOME WAS $441 AND $2,541 FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT COSTS 346,428. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT COSTS 346,428. X X X X 1 BRIAN S HURWITZ LLC -10564 PALACIO COURT BOYNTON 10564 PALACIO RIDGE COURT BOYNTON BEACH FL 33473 FUNDRAISING EVENT MANAGEMENT 0 285088 57133 227955 285088 57133 227955 AK AL AR CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MS NC NH NJ NM NY OH OK OR PA RI SC TN UT WA WI WV NV BENEFIT GALA 2023 263687 142292 121395 25394 121395 2023 GOLF CLASSIC 285088 195431 89657 89657 9 421074 294684 126390 109982 969849 632407 337442 25394 321034 346428 -8986 1 EQUIPMENT DISTRIBUTION PROGRAM 902 45723 FAIR MARKET VALUE MEDICAL EQUIPMENT MRI ACCESS FUND 976 518391 FAIR MARKET VALUE MRIS COOLING PROGRAM 1382 217536 FAIR MARKET VALUE COOL SUITE DEVICE DISTRIBUTION PART I, LINE 2: THE ASSOCIATION PROVIDES ASSISTANCE TO INDIVIDUALS AFFECTED BY MULTIPLE SCLEROSIS. THE EQUIPMENT, COOLING, AND MRI PROGRAMS REQUIRE APPLICANTS TO COMPLETE AN APPLICATION FORM WHICH IS SUBMITTED TO THE ASSOCIATION. THE ASSOCIATION DETERMINES IF THE INDIVIDUAL IS ELIGIBLE TO RECEIVE THE SERVICE BASED ON IF THE INCOME REQUIREMENT IS BELOW 300% OF THE FEDERAL POVERTY GUIDELINES. PAYMENTS ARE MADE DIRECTLY TO THE VARIOUS GROUPS/VENDORS THAT PROVIDE THE SERVICES TO THE INDIVIDUALS WHO MEET THE QUALIFICATIONS. NO FUNDS ARE PROVIDED DIRECTLY TO AN INDIVIDUAL PATIENT, THOUGH THE ASSOCIATION DOES PROVIDE HONORARIA TO PHYSICIANS WHO SPEAK AT THE ASSOCIATION'S EDUCATIONAL PROGRAMS. GRANT FUNDING RECEIVED BY THE ASSOCIATION IS UTILIZED TO HOST EDUCATIONAL PROGRAMMING TAILORED TO ADDRESS RELEVANT NEEDS WITHIN THE MS COMMUNITY, IN TERMS OF PATIENTS AND HEALTHCARE PROFESSIONALS. THROUGH THIS FUNDING, THE ASSOCIATION DEVELOPS A NUMBER OF NATIONAL SERIES AIMED AT ADDRESSING THE NEEDS AND CHALLENGES OF THE MS PATIENT, THEIR FAMILIES AND CARE PARTNERS, AS WELL AS DELIVERING OPPORTUNITIES TO AFFECT CHANGE IN THE CLINICAL SETTING THROUGH ITS PROFESSIONAL EDUCATION EFFORTS AIMED AT NEUROLOGISTS, NURSES AND NURSE PRACTITIONERS. THE ASSOCIATION ALSO, THROUGH ITS INDEPENDENT MEDICAL EDUCATION GRANT FUNDING, DEVELOPS A NUMBER OF ONLINE PRESENTATIONS GEARED TO THESE POPULATIONS AS WELL AS TOOLS AND DECISION AIDES TO BENEFIT BOTH OF THESE KEY AUDIENCES. THE ACCOUNTING DEPARTMENT TRACKS ALL EXPENSES AND REQUIRES RECEIPTS FOR EXPENSES. GRANTS ARE RECONCILED WITH THE FUNDER UPON THE FUNDER'S PROCEDURE OR REQUESTS. X X X X 0 0 0 0 0 0 0 0 0 GINA R MURDOCH PRESIDENT & CEO 297133 0 0 0 0 0 8853 0 28888 0 334874 0 0 0 AMANDA MONTAGUE CHIEF MISSION OFFICER 178178 0 0 0 0 0 5269 0 13328 0 196775 0 0 0 REBECCA MOONEY VP OF DEVELOPMENT (ENDED 06/30) 149643 0 0 0 0 0 4468 0 18402 0 172513 0 0 0 ANDREA GRIFFIN VP OF COMMUNICATIONS & MARKETING 146390 0 0 0 0 0 4419 0 10984 0 161793 0 0 0 X 26 43606 PROCEEDS FROM AUCTION 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE THE ASSOCIATION'S INDEPENDENT AUDITING FIRM COMPLETES THE FEDERAL FORM 990, THE ACCOUNTING DEPARTMENT VERIFIES THE ACCURACY OF THE NUMBERS. THE FEDERAL FORM 990 IS THEN SENT TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS. THE BOARD OF DIRECTORS HAS DESIGNATED THE AUDIT COMMITTEE TO HAVE THE FINAL APPROVAL BEFORE THE FEDERAL FORM 990 IS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ADMINISTERED BY THE BOARD OF DIRECTORS. ON AN ANNUAL BASIS, BOARD OF DIRECTORS, OFFICERS AND SENIOR STAFF DESIGNATED BY THE PRESIDENT AND CEO MUST CERTIFY THAT THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ANNUALLY, ALL OTHER EMPLOYEES RECEIVE A COPY OF THE POLICY FOR THEIR REVIEW. IF AN INCIDENT ARISES ABOUT A CONFLICT, IT WILL BE REFERRED TO THE BOARD OF DIRECTORS TO DETERMINE IF A CONFLICT HAS OCCURRED. ALL EMPLOYEES ARE ENCOURAGED TO BRING TO THE ATTENTION OF THE PRESIDENT AND CEO IF ANY ISSUE OF A CONFLICT OF INTEREST HAS OCCURRED. WHEN A COVERED PERSON BECOMES AWARE OF A PROPOSED OR EXISTING COVERED TRANSACTION, HE OR SHE SHALL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: (1) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH COVERED TRANSACTION TO THE CHAIRPERSON OR, IN THE CASE OF AN EMPLOYEE, TO THE PRESIDENT AND CEO. (2) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE ASSOCIATION TO ENTER INTO THE COVERED TRANSACTION AND (3) PHYSICALLY RECUSE HIMSELF OR HERSELF FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION WITH DIRECTORS, OFFICERS AND/OR EMPLOYEES OF THE ASSOCIATION AND AT MEETINGS OF THE BOARD OF DIRECTORS, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE COVERED TRANSACTION FORM 990, PART VI, SECTION B, LINE 15 ANNUAL COMPENSATION IS REVIEWED BASED ON SEVERAL FACTORS INCLUDING: JOB PERFORMANCE, INFLATION, BUDGETARY CONSIDERATIONS AND SURVEY OF THE MARKET. THE PRESIDENT AND CEO'S COMPENSATION IS BASED UPON SIMULAR CRITERIA AND IN ADDITION AN OUTSIDE CONSULTANT WAS ENGAGED DURING THE FISCAL YEAR TO ASSURE PROPER ALIGNMENT WITH THE MARKET. FINAL APPROVAL RESTS WITH THE BOARD OF DIRECTORS AND COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FEDERAL FORM 1023, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FEDERAL FORM 990 IS POSTED ON THE ASSOCIATION'S WEBSITE. THE ANNUAL SUMMARY OF THE ASSOCIATION'S PROGRAMS AND FINANCES ARE PUBLISHED IN AN ANNUAL REPORT WHICH IS DISTRIBUTED TO MAJOR DONORS, CORPORATE SPONSORS, FOUNDATIONS, AND THE GENERAL PUBLIC AND IS ALSO POSTED ON OUR WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.