2022-11-14T16:25:03-06:00 2021-12-31 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2021-01-01 541797281 AIR FORCE AID SOCIETY AIRF 7039722650 1550 CRYSTAL DRIVE 809 ARLINGTON VA 22202 JESSICA BURRIS CHIEF FINANCIAL OFFICER 7039722650 2022-11-14 1 JESSICA BURRIS 999009999 MEREDITH BELL P01696827 2022932200 2022-11-08 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KALETH O WRIGHT 1550 CRYSTAL DRIVE 809 ARLINGTON VA 22202 190611715 0 X WWW.AFAS.ORG X 1942 VA TO SUPPORT US AIR FORCE AND US SPACE FORCE FAMILIES WHEN THEY NEED US MOST. 25 25 26 47 694484 524863 6281337 3501708 0 0 12449932 42568382 13539 16286 18744808 46086376 8948482 9700854 0 0 2920700 3463639 0 0 736016 1896550 1893734 13765732 15058227 4979076 31028149 230482573 262482165 2937782 3024911 227544791 259457254 X SUPPORT AIRMEN AND GUARDIANS BY RELIEVING EMERGENCY FINANCIAL DISTRESS, HELPING FAMILIES ACHIEVE THEIR EDUCATIONAL GOALS, AND IMPROVING THE QUALITY OF AIR AND SPACE FORCE LIFE. 0 0 5818321 5287007 0 EDUCATIONAL ASSISTANCE: THE GENERAL H. H. ARNOLD EDUCATION GRANT PROGRAM PROVIDES NEEDS-BASED GRANTS TO SONS, DAUGHTERS, AND SPOUSES OF THE AIR AND SPACE FORCE MEMBERS WHO ARE ENROLLED FULL TIME IN UNDERGRADUATE PROGRAMS. THE AMOUNT OF THE GRANT A STUDENT RECEIVES IS BASED ON THE FINANCIAL NEED OF THE FAMILY AND RANGES FROM $500 TO $4,000.IN ADDITION TO NEEDS-BASED GRANTS, THE SOCIETY ALSO PROVIDES $2,500 AND $5,000 MERIT-BASED SCHOLARSHIPS TO THE TOP INCOMING COLLEGE AND UNIVERSITY FRESHMEN STUDENTS. THE SELECTION PROCESS INVOLVES THE EVALUATION OF CUMULATIVE GPA, HIGH SCHOOL TRANSCRIPTS AND A WRITTEN ESSAY ON A SPECIFIC TOPIC DESIGNATED BY THE SOCIETY. 4316555 2634697 0 EMERGENCY ASSISTANCE: THIS PROGRAM PROVIDES INTEREST FREE LOANS AND GRANTS TO AIR AND SPACE FORCE MEMBERS, RETIREES, AND WIDOWS BASED ON THE INDIVIDUAL SITUATION. THESE LOANS AND GRANTS ARE PROVIDED TO MEET IMMEDIATE FINANCIAL NEEDS IN AN EMERGENCY SITUATION AS A STEP TOWARD A LASTING SOLUTION TO A PROBLEM. ELIGIBLE MEMBERS MAY APPLY THROUGH A STANDARD OR FALCON LOAN APPLICATION. THE SOCIETY STARTED THE FALCON LOAN PROGRAM IN MARCH 2008 TO MAKE EMERGENCY ASSISTANCE FUNDS READILY ACCESSIBLE TO AIR AND SPACE FORCE MEMBERS IN NEED BY STREAMLINING THE APPLICATION PROCESS. THE FALCON LOAN PROGRAM PROVIDES INTEREST-FREE LOANS OF UP TO $1,000 TO ASSIST WITH EMERGENCY FINANCIAL NEEDS.IN 2021, THE SOCIETY PROVIDED $5.1 MILLION IN EMERGENCY ASSISTANCE SUPPORT TO AIR AND SPACE FORCE ELIGIBLE MEMBERS, INCLUDING THOSE AFFECTED BY THE COVID-19 PANDEMIC, ASSISTING OVER 7,394 FAMILIES. THE SOCIETY CONTINUED TO SUPPORT NATURAL AND OTHER DISASTERS THROUGHOUT THE YEAR WHICH INCLUDED A SEVERE WINTER STORM, HURRICANE IDA AND THE PETROLEUM OIL SPILL AT JOINT BASE PEARL HARBOR-HICKAM. ASSISTANCE WAS PROVIDED TO 1,796 ELIGIBLE MEMBERS IN DISASTER RELIEF FOR A TOTAL OF $1.1 MILLION. ALTHOUGH THE PANDEMIC CAUSED MANY COLLEGE STUDENTS TO ATTEND CLASSES VIRTUALLY, THE SOCIETY WAS STILL ABLE TO PROVIDE $5.7 MILLION IN GRANTS AND SCHOLARSHIPS TO 1,981 STUDENTS SO THAT THEY COULD CONTINUE THEIR EDUCATION. 1942154 1779150 0 COMMUNITY ENHANCEMENT: THIS PROGRAM INCLUDES INDIVIDUAL PROGRAMS IN FOUR MAIN AREAS: CHILD CARE, PARENTING, READINESS (CAR SAFETY CHECKS) AND SPOUSE/YOUTH (EDUCATION/ORIENTATION/JOB SKILLS). THESE PROGRAMS ARE DESIGNED TO IMPROVE QUALITY OF LIFE AND MEET CURRENT AND EMERGING NEEDS OF AIR FORCE MEMBERS DURING ALL STAGES OF THEIR CAREER/LIFE. CHILDCARE BECAME A HUGE CONCERN FOR MEMBERS AND THEIR FAMILIES AS THE COVID-19 PANDEMIC CONTINUED TO CAUSE A SHORTAGE IN CHILDCARE AT AIR FORCE INSTALLATIONS. THE SOCIETY WAS ABLE TO PROVIDE UP TO $1,500 IN REIMBURSABLE EXPENSES PER MEMBER FOR CHILDCARE TOTALING $1 MILLION IN SUPPORT. 12077030 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 1 1 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 123 0 1 26 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WV WI X X THE ORGANIZATION 7039722650 1550 CRYSTAL DRIVE 809 ARLINGTON VA 22202 JAMES C REAGAN PRESIDENT AND TRUSTEE 2.00 X X 0 0 0 KATHLEEN K BARCHICK VICE PRESIDENT AND TRUSTEE 2.00 X X 0 0 0 LISA ATHERTON TRUSTEE 1.00 X 0 0 0 MAJOR GENERAL MARK A BROWN TRUSTEE 1.00 X 0 0 0 ELI A COHEN TRUSTEE 1.00 X 0 0 0 CMSGT DANNY R DOUCETTE TRUSTEE 1.00 X 0 0 0 CMSGT DENNIS L FRITZ TRUSTEE 1.00 X 0 0 0 HONARABLE ROBERT F HALE TRUSTEE 1.00 X 0 0 0 LT GEN DOROTHY A HOGG TRUSTEE 1.00 X 0 0 0 DR WILLIAM W JENNINGS TRUSTEE 1.00 X 0 0 0 LT GEN BRIAN T KELLY TRUSTEE 1.00 X 0 0 0 FRANK KENDALL TRUSTEE 1.00 X 0 0 0 KEN MAILENDER TRUSTEE 1.00 X 0 0 0 MAJ GEN JAMES D PECCIA III TRUSTEE 1.00 X 0 0 0 CHERYL ROBERSON TRUSTEE 1.00 X 0 0 0 LT GEN JEFFREY A ROCKWELL TRUSTEE 1.00 X 0 0 0 HONORABLE EUGENE R SULLIVAN TRUSTEE 1.00 X 0 0 0 GENERAL CHARLES Q BROWN TRUSTEE 1.00 X 0 0 0 JOANNE S BASS TRUSTEE 1.00 X 0 0 0 GENERAL JOHN W RAYMOND TRUSTEE 1.00 X 0 0 0 ROGER A TOWBERMAN TRUSTEE 1.00 X 0 0 0 RAHN BASS TRUSTEE 1.00 X 0 0 0 SHARENE BROWN TRUSTEE 1.00 X 0 0 0 MOLLIE A RAYMOND TRUSTEE 1.00 X 0 0 0 RACHEL RUSH TRUSTEE 1.00 X 0 0 0 CMSAF KALETH O WRIGHT CEO 40.00 X 241644 0 46748 SIDNEY R HEETLAND CEO (UNTIL 7/31/21) 40.00 X 113567 0 24151 JOHN FARRELL COO 40.00 X 171591 0 39629 MICHAEL PARNAROUSKIS CFO 40.00 X 200142 0 53904 NYVIA N AYALA CHRO 40.00 X 151601 0 36408 LATOYA CROWE CHIEF COMMUNICATIONS & DEVELOPMENT OFFICER 40.00 X 145864 0 38877 JANET DUCKWORTH SR EA CASEWORKER 40.00 X 109330 0 35717 SHARON VALVANO LOAN MGMT OFFICER 40.00 X 108422 0 35963 BRIAN J FORD CONTROLLER 40.00 X 106785 0 16916 BEATRIZ SWANN OPERATIONS MANAGER 40.00 X 103659 0 45639 LISA M DONALD LOAN MGMT SUPERVISOR 40.00 X 100827 0 33901 1553432 0 407853 11 0 1 0 CONCOURSE FEDERAL GROUP 123 S ROYAL ST ALEXANDRIA VA 22314 INFORMATION TECHNOLOGY 197815 NEPC LLC 255 STATE ST BOSTON MA 02109 INVESTMENT ADVISOR 116128 2 103097 568433 2830178 3925 3501708 4990177 694484 4295693 182012647 144434442 37578205 37578205 37578205 107177 568433 90897 16280 16280 MISCELLANEOUS INCOME 900099 6 6 6 46086376 0 694484 41890184 30000 30000 8975086 8975086 695768 695768 1147092 596430 392279 158383 1635465 850427 559247 225791 144490 75129 49414 19947 341922 177754 116911 47257 194670 101221 66574 26875 47004 47004 483915 483915 113054 58336 39230 15488 143601 127101 16500 205245 107243 70262 27740 519888 268262 180401 71225 29859 15407 10361 4091 38572 19903 13385 5284 30611 15795 10622 4194 ALL OTHER EXPENSES 182882 90269 78475 14138 OTHER FUNDRAISING COST 99103 99103 15058227 12077030 2245181 736016 886488 675731 371593 347734 71559 194150 982 1964469 2426386 71152 396290 2058009 1989941 86481 68068 150790822 160336423 76239027 98037383 230482573 262482165 273028 568718 2664754 2456193 2937782 3024911 X 225254844 256889822 2289947 2567432 227544791 259457254 230482573 262482165 31028149 884314 0 X X 0 1 X 1 0 X 4906575 7197419 3518495 6281337 3501708 25405534 4906575 7197419 3518495 6281337 3501708 25405534 4430019 20975515 3951385 4474145 3904798 3661332 4990177 20981837 149571 147633 173001 51591 107183 628979 47016350 6058 0.44610 0.47810 X SCHEDULE A, PART II, LINE 10: OTHER INCOME INCLUDES MISCELLANEOUS INCOME OF $6. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2155908 61000 254868 85163 2386613 1917804 105000 222437 89333 2155908 1854800 300062 237058 1917804 1917804 -63004 1854800 1881804 36000 249763 249763 1917804 0.00000 0.87312 0.12688 0 0 464851 396960 67891 1593158 1592981 177 68068 REAL ESTATE FUNDS 11943614 F HEDGE FUNDS 22536480 F PRIVATE EQUITY FUNDS 55735188 F MASTER LIMITED PARTNERSHIPS 57599 F PRIVATE DEBT FUNDS 7764502 F 98037383 OTHER LIABILITIES 23818 ACCRUED COMPENSATION 232612 POST RETIREMENT LIABILITY 285162 DEFERRED CHARITY BALL INCOME 234900 DUE TO RELATED PARTIES -35999 GIFTS SUBJECT TO DONOR RECALL 1715700 2456193 X 46937237 884314 359565 90897 1334776 45602461 483915 483915 46086376 15024774 359565 90897 450462 14574312 483915 483915 15058227 PART V, LINE 4: THE SOCIETY'S ENDOWMENT FUNDS CONSIST OF DONOR-RESTRICTED CONTRIBUTIONS THAT ARE INVESTED TO PROVIDE FUTURE EARNINGS TO FUND NAMED EDUCATION GRANTS IN PERPETUITY AS PART OF THE SOCIETY'S GENERAL HENRY ARNOLD EDUCATION GRANT PROGRAM. EACH YEAR, A PERCENTAGE OF THE FUNDS ARE PAID OUT TO FUND EDUCATION GRANTS AWARDED THAT YEAR. THE AMOUNT DISTRIBUTED EACH YEAR IS DETERMINED BY THE FINANCE COMMITTEE AS PART OF THE OVERALL OPERATING BUDGET. PART X, LINE 2: THE SOCIETY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHARITY BALL EVENT EXPENSES 90,897. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHARITY BALL EVENT EXPENSES 90,897. 1 EAST ASIA AND THE PACIFIC 6 45 GRANTS 261798 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 209994 EUROPE (INCLUDING ICELAND & GREENLAND) 9 73 GRANTS 433970 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 976588 NORTH AMERICA 0 0 INVESTMENTS 278630 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 277900 15 118 0 0 15 118 2438880 0 2438880 EDUCATION GRANTS FOR COLLEGE EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 92 161600 CHECK EDUCATION GRANTS FOR COLLEGE EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 151 236450 CHECK EMERGENCY FINANCIAL ASSISTANCE EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 83 56303 CHECK EMERGENCY FINANCIAL ASSISTANCE EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 158 105077 CHECK BUNDLES FOR BABIES SEMINAR EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 19 6900 GIFT CARD BUNDLES FOR BABIES SEMINAR EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 31 12050 GIFT CARD CAR MAINTENANCE/OIL CHANGE EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 16 1471 OIL CHANGE COUPON COST CAR MAINTENANCE/OIL CHANGE EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 57 11232 OIL CHANGE COUPON COST AF BASE CHILDCARE EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 73 16490 CHILDCARE PROVIDED COST AF BASE CHILDCARE EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 99 25789 CHILDCARE PROVIDED COST AF BASE EDUCATIONAL PROGRAMS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 29 19034 CLASSES PROVIDED COST AF BASE EDUCATIONAL PROGRAMS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 27 43372 CLASSES PROVIDED COST 0 0 0 1 0 0 PART I, LINE 2: THE SOCIETY PROVIDES EDUCATIONAL AND EMERGENCY FINANCIAL ASSISTANCE GRANTS TO AIR FORCE FAMILIES STATIONED AT BASES LOCATED OUTSIDE THE US. THESE PROGRAMS ARE ADMINISTERED BY AIR FORCE SUPPORT STAFF AT THESE OVERSEAS BASES. RECIPIENTS OF EDUCATION GRANTS MUST SUBMIT AN INVOICE OR FINANCIAL STATEMENT FROM THE SCHOOL TO VERIFY THEIR ATTENDANCE AT THE INSTITUTION. EDUCATION GRANTS ARE PAID DIRECTLY TO THE SCHOOL. EMERGENCY FINANCIAL ASSISTANCE GRANTS ARE ISSUED ON A CASE BY CASE BASIS BASED ON ADEQUATE DOCUMENTATION OF THE FINANCIAL NEED OF THE AF MEMBER. ALL GRANTS PROVIDED BY THE SOCIETY ARE TRACKED BY THE SOCIETY'S HQ DATABASE SYSTEM TO PROVIDE A HISTORICAL RECORD OF THE ASSISTANCE PROVIDED. PART III ACCOUNTING METHOD: PART I, LINE 3, COLUMN (E): EAST ASIA AND THE PACIFIC AND EUROPE - THE SOCIETY FUNDS VARIOUS COMMUNITY ENHANCEMENT PROGRAMS AT USAF BASES AROUND THE WORLD. THE PROGRAMS ACTIVE DURING 2021 AT OVERSEAS BASES IN EAST ASIA AND EUROPE INCLUDED CAR CARE, SPOUSE EMPLOYABILITY, CHILDCARE, AND BUNDLES FOR BABIES. CHARITY BALL 675610 568433 107177 90897 675610 568433 107177 90897 90897 16280 1 AIR FORCE OFFICERS' SPOUSES' CLUB OF WASHINGTON DC 50 THEISEN STREET WASHINGTON DC 20032 526057758 501C7 30000 0 SHARE OF 2021 CHARITY BALL FOR ED GRANT FUNDING 0 1 EDUCATIONAL GRANTS FOR COLLEGE 3716 5625984 EMERGENCY FINANCIAL ASSISTANCE 4831 2691488 CAR MAINTENANCE ASSISTANCE 324 35674 AF BASE CHILDCARE SERVICES 1028 219167 AF BASE EDUCATIONAL CLASSES 249 307669 BUNDLES FOR BABIES SEMINAR 355 95104 PART I, LINE 2: THE SOCIETY PROVIDES EDUCATION AND EMERGENCY FINANCIAL ASSISTANCE GRANTS TO SUPPORT AIR FORCE FAMILIES. THESE PROGRAMS ARE ADMINISTERED AT USAF BASES BY AIR FORCE PERSONNEL. EDUCATION GRANT RECIPIENTS MUST SUBMIT DOCUMENTATION TO VERIFY THEIR SCHOOL ATTENDANCE, AND ALL GRANTS ARE PAID DIRECTLY TO THE SCHOOL. EMERGENCY FINANCIAL SUPPORT IS ISSUED ON A CASE BY CASE BASIS BASED ON THE DOCUMENTED NEED OF THE AIRMAN. ALL ASSISTANCE IS TRACKED BY THE SOCIETY'S DATABASE TO PROVIDE A HISTORICAL REFERENCE OF ALL ASSISTANCE PROVIDED. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CMSAF KALETH O WRIGHT CEO 200454 0 40000 0 1190 0 21834 0 29033 0 292511 0 0 0 MICHAEL PARNAROUSKIS CFO 182762 0 16200 0 1180 0 18101 0 39970 0 258213 0 0 0 JOHN FARRELL COO 150350 0 16300 0 4941 0 15304 0 30634 0 217529 0 0 0 NYVIA N AYALA CHRO 138272 0 12600 0 729 0 13637 0 24463 0 189701 0 0 0 LATOYA CROWE CHIEF COMMUNICATIONS & DEVELOPMENT O 131650 0 13400 0 814 0 13356 0 29917 0 189137 0 0 0 BEATRIZ SWANN OPERATIONS MANAGER 90577 0 9450 0 3632 0 9245 0 40543 0 153447 0 0 0 PART I, LINE 1A THE SOCIETY OFFERS A TAXABLE REIMBURSEMENT PROGRAM FOR ALL EMPLOYEES OF UP TO $500 PER YEAR TO COVER THE COST OF FITNESS RELATED ACTIVITIES AND/OR FITNESS EQUIPMENT. FORM 990, PART VI, SECTION A, LINE 2 THERE ARE BOARD MEMBERS THAT ARE HUSBAND AND WIFE AS FOLLOWS: GENERAL CHARLES BROWN AND MRS. SHARENE BROWN GENERAL JOHN "JAY" RAYMOND AND MRS. MOLLIE A. RAYMOND CMSGT ROGER TOWBERMAN AND MRS. RACHEL RUSH FORM 990, PART VI, SECTION B, LINE 11B THE INITIAL DRAFT OF THE 990 IS PREPARED BY THE TAX PROFESSIONALS OF THE ACCOUNTING FIRM HIRED BY THE SOCIETY TO COMPLETE THE FINANCIAL AUDIT. THE 990 IS THEN REVIEWED BY THE SOCIETY'S ACCOUNTING STAFF AND OFFICERS BEFORE THE FINAL DRAFT IS SENT TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. ONCE THE FULL REVIEW OF THE 990 IS COMPLETE, THE 990 IS FILED ELECTRONICALLY WITH THE IRS AND THE PUBLIC VERSION IS POSTED TO THE SOCIETY'S WEBSITE AT WWW.AFAS.ORG. FORM 990, PART VI, SECTION B, LINE 12C THE SOCIETY REQUIRES ITS OFFICERS, STAFF MEMBERS, AND BOARD OF TRUSTEES TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. THE STATEMENTS SUBMITTED BY EACH PERSON ARE REVIEWED BY STAFF AND REPORTED TO THE SOCIETY'S AUDIT COMMITTEE. IF ANY CONFLICTS ARE DETERMINED TO EXIST, THE AUDIT COMMITTEE WOULD DECIDE THE APPROPRIATE ACTION TO BE TAKEN. THE MATTER WOULD THEN BE PRESENTED TO THE FULL BOARD OF TRUSTEES WHERE A VOTE ON THE COMMITTEE'S RECOMMENDATION WOULD BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS DETERMINED BY THE BOARD-APPOINTED COMPENSATION COMMITTEE. THIS COMMITTEE IS RESPONSIBLE FOR PREPARING AND REVIEWING THE CEO'S COMPENSATION ON AN ANNUAL BASIS. THE REVIEW OF OFFICER COMPENSATION INCLUDES COMPARISONS WITH SIMILAR MILITARY RELIEF ORGANIZATIONS, OTHER NON-PROFIT ORGANIZATIONS, AND PUBLISHED SALARY GUIDES. THE COMPENSATION COMMITTEE ALSO REVIEWS THE SALARY LEVELS, PROPOSED BONUSES, AND ANNUAL WAGE INCREASES OF THE OTHER OFFICERS AND THE FULL STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE SOCIETY PROVIDES DIRECT PUBLIC ACCESS TO ITS ANNUAL AUDIT REPORT AND IRS 990 TAX FILING ONLINE AT WWW.AFAS.ORG. GOVERNANCE DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR AND REMAINS THE PURVIEW OF THE SOCIETY'S AUDIT COMMITTEE.