2019-11-08T18:08:44-06:00 2018-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2018-01-01 560173610 CHARLOTTE REGIONAL BUSINESS ALLIANCE CHAR 7043781324 PO BOX 20103 CHARLOTTE NC 282020027 JANET LABAR CEO 7043781324 2019-11-01 1 AMANDA ADAMS P00748038 7043771678 38.142.98.34 2019-11-01 12:45:02 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2018 2020-01-14 16:20:31Z JANET LABAR PO BOX 20103 CHARLOTTE NC 282020027 8386867 0 X WWW.CHARLOTTEREGION.COM X 1915 NC ADVANCE THE CHARLOTTE REGION TO CREATE OPPORTUNITY, ECONOMIC GROWTH AND PROSPERITY FOR ALL. 85 83 40 405 19894 90136 0 0 8892885 8326392 12066 38163 18524 22312 8923475 8386867 0 0 0 0 5063041 5000719 0 0 0 3562331 3645093 8625372 8645812 298103 -258945 8161146 7704035 4794601 4596435 3366545 3107600 WE ENTHUSIASTICALLY COLLABORATE TO PROMOTE AND ADVANCE THE CHARLOTTE REGION, CREATING OPPORTUNITY, ECONOMIC GROWTH AND PROSPERITY FOR ALL. 0 0 THE CHARLOTTE ORGANIZATION'S GUIDING PRINCIPLES ARE: (1) SERVING AS THE VOICE FOR THE BUSINESS COMMUNITY; (2) GROWING ECONOMIC DIVERSITY AND SUSTAINABILITY THROUGH DIRECT RECRUITMENT, RETENTION AND RE-DEVELOPMENT;(3) CREATING FERTILE GROUND AND COMMUNICATING A BUSINESS FRIENDLY ENVIRONMENT THAT ATTRACTS AND RETAINS NEW AND EMERGING BUSINESSES;(4) PROVIDING EDUCATIONAL, NETWORKING AND BUSINESS GROWTH OPPORTUNITIES FOR ALL MEMBERS; AND, (5) COLLABORATING OPENLY AND CLOSELY WITH CHAPTER AND BOARD LEADERSHIP, BUSINESS, COMMUNITY PARTNERS AND GOVERNMENT LEADERS. THERE WERE 2,265 MEMBERS IN 2018. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 1 40 1 1 1 0 0 0 0 0 0 0 X 85 83 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X JOAQUIN SORIA 7043781324 330 SOUTH TRYON STREET CHARLOTTE NC 28202 ROBERT G MORGAN PRESIDENT & CEO 40.00 X X 408100 0 52335 JESSE CURETON CHAIR 4.00 X X 0 0 0 JENNIFER WEBER 1ST VICE CHAIR 1.00 X X 0 0 0 CAROL LOVIN 2ND VICE CHAIR 1.00 X X 0 0 0 KENDAL ALLEY PAST CHAIR 1.00 X X 0 0 0 HOWARD BISSEL PAST CHAIR 1.00 X X 0 0 0 MALCOMB COLEY TREASURER 1.00 X X 0 0 0 LUIS LLUBERAS GENERAL COUNSEL 1.00 X X 0 0 0 MICHAELINA ANTAHADES DIRECTOR 1.00 X 0 0 0 JENNIFER APPLEBY DIRECTOR 1.00 X 0 0 0 HADI ATRI DIRECTOR 1.00 X 0 0 0 LEE BALDWIN DIRECTOR 1.00 X 0 0 0 KITTY BARNES DIRECTOR 1.00 X 0 0 0 BRAD BARTHOLOMEW DIRECTOR 1.00 X 0 0 0 WES BECKNER DIRECTOR 1.00 X 0 0 0 BRION BLAIS DIRECTOR 1.00 X 0 0 0 ERIC BOLIN DIRECTOR 1.00 X 0 0 0 GREG BOULANGER DIRECTOR 1.00 X 0 0 0 CHARLES BOWMAN DIRECTOR 1.00 X 0 0 0 SKIPPER BRAKE DIRECTOR 1.00 X 0 0 0 DAWN BRASWELL DIRECTOR 1.00 X 0 0 0 GLENN BRIGHTMAN DIRECTOR 1.00 X 0 0 0 JESSICA BROWN DIRECTOR 1.00 X 0 0 0 CLIFF BRUMFIELD DIRECTOR 1.00 X 0 0 0 CHRIS BYRON DIRECTOR 1.00 X 0 0 0 BRENT CAGLE DIRECTOR 1.00 X 0 0 0 VERONICA CALDERON DIRECTOR 1.00 X 0 0 0 ROBERT CARNEY DIRECTOR 1.00 X 0 0 0 JOHN CATO DIRECTOR 1.00 X 0 0 0 JOHNELLE CAUSWELL DIRECTOR 1.00 X 0 0 0 BOBBY CHESNEY DIRECTOR 1.00 X 0 0 0 HOLLY CHRISTIAN DIRECTOR 1.00 X 0 0 0 JAMES CLAYTON DIRECTOR 1.00 X 0 0 0 DERICK CLOSE DIRECTOR 1.00 X 0 0 0 JACK COBB DIRECTOR 1.00 X 0 0 0 BETSY CONWAY DIRECTOR 1.00 X 0 0 0 ADAM COOK DIRECTOR 1.00 X 0 0 0 CARRIE COOK DIRECTOR 1.00 X 0 0 0 LEE CORNWELL DIRECTOR 1.00 X 0 0 0 JERRY COUGHTER DIRECTOR 1.00 X 0 0 0 COREY CREECH DIRECTOR 1.00 X 0 0 0 NED CURRAN DIRECTOR 1.00 X 0 0 0 KANDI DEITEMEYER DIRECTOR 1.00 X 0 0 0 SUSAN DEVORE DIRECTOR 1.00 X 0 0 0 DENA DIORIO DIRECTOR 1.00 X 0 0 0 JEANNINE DODSON DIRECTOR 1.00 X 0 0 0 MATT DORAN DIRECTOR 1.00 X 0 0 0 BETTY DOSTER DIRECTOR 1.00 X 0 0 0 THERESA DREW DIRECTOR 1.00 X 0 0 0 PHIL DUBOIS DIRECTOR 1.00 X 0 0 0 GREG DUCKWORTH DIRECTOR 1.00 X 0 0 0 DEEPAL ELIATAMBY DIRECTOR 1.00 X 0 0 0 CHRIS ELMORE DIRECTOR 1.00 X 0 0 0 TIFFANY EUBANKS DIRECTOR 1.00 X 0 0 0 NATALIE FAITH DIRECTOR 1.00 X 0 0 0 LEE FITE DIRECTOR 1.00 X 0 0 0 DAN FOGEL DIRECTOR 1.00 X 0 0 0 THERESA FOUST DIRECTOR 1.00 X 0 0 0 DANIELLE FRAZIER DIRECTOR 1.00 X 0 0 0 GERALDINE GARDNER DIRECTOR 1.00 X 0 0 0 SEAN GARRETT DIRECTOR 1.00 X 0 0 0 JOE GASQUE DIRECTOR 1.00 X 0 0 0 TOM GLICK DIRECTOR 1.00 X 0 0 0 ROCIO GONZALEZ-ZORNOSA DIRECTOR 1.00 X 0 0 0 GEOFF GRAY DIRECTOR 1.00 X 0 0 0 GARY GREER DIRECTOR 1.00 X 0 0 0 CAROL HARDISON DIRECTOR 1.00 X 0 0 0 JOHNO HARRIS DIRECTOR 1.00 X 0 0 0 KEN HAYNES DIRECTOR 1.00 X 0 0 0 JIM HAZEL DIRECTOR 1.00 X 0 0 0 DAVID HEAD DIRECTOR 1.00 X 0 0 0 GREG HEATON DIRECTOR 1.00 X 0 0 0 REGINALD HENDERSON DIRECTOR 1.00 X 0 0 0 RON HERRMANN DIRECTOR 1.00 X 0 0 0 REGINA HEYWARD DIRECTOR 1.00 X 0 0 0 JOAN HIGGINBOTHAM DIRECTOR 1.00 X 0 0 0 JASON HLEWICKI DIRECTOR 1.00 X 0 0 0 SCOTT HURD DIRECTOR 1.00 X 0 0 0 LAUREN HULTZ DIRECTOR 1.00 X 0 0 0 BLAINE JACKSON DIRECTOR 1.00 X 0 0 0 JULIE JANSON DIRECTOR 1.00 X 0 0 0 HEITH JENKINS DIRECTOR 1.00 X 0 0 0 SUSAN JERNIGAN DIRECTOR 1.00 X 0 0 0 MARCUS JONES DIRECTOR 1.00 X 0 0 0 PAT JONES DIRECTOR 1.00 X 0 0 0 TOM JOSEPH DIRECTOR 1.00 X 0 0 0 DAVE KATZ DIRECTOR 1.00 X 0 0 0 NICOLE KLOSS DIRECTOR 1.00 X 0 0 0 AMY KOCHAN DIRECTOR 1.00 X 0 0 0 CURT LADIG DIRECTOR 1.00 X 0 0 0 BRIAN LEARY DIRECTOR 1.00 X 0 0 0 DEC LEE DIRECTOR 1.00 X 0 0 0 CURT LEEMAN DIRECTOR 1.00 X 0 0 0 JANE LEWIS-RAYMOND DIRECTOR 1.00 X 0 0 0 DAVE LONGO DIRECTOR 1.00 X 0 0 0 DANA LUMSDEN DIRECTOR 1.00 X 0 0 0 ELAINE LYERLY DIRECTOR 1.00 X 0 0 0 VI LYLES DIRECTOR 1.00 X 0 0 0 GEORGE MACBAIN DIRECTOR 1.00 X 0 0 0 STEVE MAGOWAN DIRECTOR 1.00 X 0 0 0 RODNEY MAHONE DIRECTOR 1.00 X 0 0 0 MICHAEL MARSICANO DIRECTOR 1.00 X 0 0 0 JOHN MCALISTER DIRECTOR 1.00 X 0 0 0 VALECIA MCDOWELL DIRECTOR 1.00 X 0 0 0 TINO MCFARLAND DIRECTOR 1.00 X 0 0 0 MELISSA MCGUIRE DIRECTOR 1.00 X 0 0 0 GAIL MCHUGH DIRECTOR 1.00 X 0 0 0 JEFF MCMAHON DIRECTOR 1.00 X 0 0 0 MICHELLE MENARD DIRECTOR 1.00 X 0 0 0 CHASE MONROE DIRECTOR 1.00 X 0 0 0 TRACY MONTROSS DIRECTOR 1.00 X 0 0 0 TOM MURRAY DIRECTOR 1.00 X 0 0 0 DAWN NEWSOME DIRECTOR 1.00 X 0 0 0 CINDY NOBLE DIRECTOR 1.00 X 0 0 0 MARIA OCHOA DIRECTOR 1.00 X 0 0 0 STEVEN OTT DIRECTOR 1.00 X 0 0 0 JOE PARADISE DIRECTOR 1.00 X 0 0 0 CLAUDETTE PARHAM DIRECTOR 1.00 X 0 0 0 CHRIS PEEK DIRECTOR 1.00 X 0 0 0 AMANDA PICKENS-NITTO DIRECTOR 1.00 X 0 0 0 BRADFORD PICOT DIRECTOR 1.00 X 0 0 0 CRAWFORD POUNDS DIRECTOR 1.00 X 0 0 0 KELLI PRICE DIRECTOR 1.00 X 0 0 0 WALTER PRICE DIRECTOR 1.00 X 0 0 0 HEATH PRIOR DIRECTOR 1.00 X 0 0 0 NADINE RAUER DIRECTOR 1.00 X 0 0 0 JOHN REID DIRECTOR 1.00 X 0 0 0 ERNIE REIGEL DIRECTOR 1.00 X 0 0 0 MIKE RESTAINO DIRECTOR 1.00 X 0 0 0 CHERYL RICHARDS DIRECTOR 1.00 X 0 0 0 ALLEN ROBERTSON DIRECTOR 1.00 X 0 0 0 PAT RODGERS DIRECTOR 1.00 X 0 0 0 DAN ROSELLI DIRECTOR 1.00 X 0 0 0 MIKE RUSSELL DIRECTOR 1.00 X 0 0 0 STEPHANIE SADOWSKI DIRECTOR 1.00 X 0 0 0 CARLOS SANCHEZ DIRECTOR 1.00 X 0 0 0 JACK SANTANIELLO DIRECTOR 1.00 X 0 0 0 ELLA SCARBOROUGH DIRECTOR 1.00 X 0 0 0 MARC SCHAEFER DIRECTOR 1.00 X 0 0 0 ROBERT SCHWANDT DIRECTOR 1.00 X 0 0 0 TIMIKA SHAFEEK-HORTON DIRECTOR 1.00 X 0 0 0 ANDY SHENE DIRECTOR 1.00 X 0 0 0 WILLIAM SMITH DIRECTOR 1.00 X 0 0 0 ELAINE SPALDING DIRECTOR 1.00 X 0 0 0 DJ STEPHAN DIRECTOR 1.00 X 0 0 0 ALISON SUMMERVILLE DIRECTOR 1.00 X 0 0 0 TREY SUTTEN DIRECTOR 1.00 X 0 0 0 DAVID SWENSON DIRECTOR 1.00 X 0 0 0 LAURIE TARDIF DIRECTOR 1.00 X 0 0 0 ROBERT TESCH DIRECTOR 1.00 X 0 0 0 CHRISTINA THIGPEN DIRECTOR 1.00 X 0 0 0 CHARLES THOMAS DIRECTOR 1.00 X 0 0 0 TODD TIBBITS DIRECTOR 1.00 X 0 0 0 JOYCE TOMPKINS DIRECTOR 1.00 X 0 0 0 SCOTT TOZIER DIRECTOR 1.00 X 0 0 0 JT TREMAGLIO DIRECTOR 1.00 X 0 0 0 CHRIS TURNER DIRECTOR 1.00 X 0 0 0 KATIE TYLER DIRECTOR 1.00 X 0 0 0 NATE VIEBROCK DIRECTOR 1.00 X 0 0 0 CHEALE VILLA DIRECTOR 1.00 X 0 0 0 ANGIE VINCENT-HAMACHER DIRECTOR 1.00 X 0 0 0 IRENE VOGELSONG DIRECTOR 1.00 X 0 0 0 GENE WADDY DIRECTOR 1.00 X 0 0 0 MARTHA WEGNER DIRECTOR 1.00 X 0 0 0 MARTIN WELTON DIRECTOR 1.00 X 0 0 0 JIM WHALEY DIRECTOR 1.00 X 0 0 0 MIKE WHITEHEAD DIRECTOR 1.00 X 0 0 0 FRED WHITFIELD DIRECTOR 1.00 X 0 0 0 BRIAN WILLIAMS DIRECTOR 1.00 X 0 0 0 VIRGINIA WOOTEN DIRECTOR 1.00 X 0 0 0 LANDON WYATT DIRECTOR 1.00 X 0 0 0 FRANK YOHO DIRECTOR 1.00 X 0 0 0 GARY YOUNG DIRECTOR 1.00 X 0 0 0 TEROSS YOUNG DIRECTOR 1.00 X 0 0 0 MICHAEL J MANNING CFO 40.00 X 200460 0 28086 BLAIR M STANFORD COO 40.00 X 272421 0 49591 KRISTIAN K KELLOGG CRO 40.00 X 191916 0 34961 KATI HYNES VP ECONOMIC GROWTH 40.00 X 147825 0 23584 SVEN GERZER VP, EUROPEAN SECTOR 40.00 X 103042 0 40497 KEVA L WALTON CGO 40.00 X 223785 0 47705 LAUREN LAYNE VP INVESTOR RELATIONS 40.00 X 122403 0 17833 1669952 0 294592 14 0 1 0 WRAY WARD 900 BAXTER STREET CHARLOTTE NC 28204 DESIGN AND MARKETING 170675 1 PROJECT REVENUE 900099 4144460 4144460 MEMBERSHIP DUES 900099 3720765 3720765 SPONSORSHIP REVENUE 900099 461167 441273 19894 8326392 38163 38163 REFUNDS AND OTHER 900099 22312 22312 22312 8386867 8306498 19894 60475 1024659 3132355 188825 431210 223670 85417 741627 80499 354858 630120 116037 1088302 385011 32240 UBIT EXPENSE 22319 108663 8645812 345869 440338 4705693 4477307 32073 49307 115578 141517 3902506 1318940 2949933 2583566 12000 12000 8161146 7704035 762363 848484 3045651 2748362 986587 999589 4794601 4596435 X 3186452 2991172 180093 116428 3366545 3107600 8161146 7704035 -258945 0 X 0 1 X 1 0 0 0 0 0 3720765 7434 7434 0 7434 2890780 720877 2169903 619614 396090 223524 392112 201973 190139 2583566 ACCRUED OFFICE RENT 374555 DEFERRED LEASE INCENTIVES 142863 ACCRUED POST-RETIREMENT BENEFIT COSTS 482171 999589 X 8386867 0 8386867 0 8386867 8645812 0 8645812 0 8645812 PART X, LINE 2: UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME AS NOTED UNDER SECTION 511 OF THE INTERNAL REVENUE CODE. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. THE ORGANIZATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD. THE ORGANIZATION HAS EVALUATED ALL ITS TAX POSITIONS AND DETERMINED THAT IT HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2018 OR 2017. X X X X X X 0 0 0 ROBERT G MORGAN PRESIDENT & CEO 314148 0 88678 0 5274 0 22000 0 30335 0 460435 0 0 0 MICHAEL J MANNING CFO 137773 0 58220 0 4467 0 15938 0 12148 0 228546 0 0 0 BLAIR M STANFORD COO 205552 0 62944 0 3925 0 22000 0 27591 0 322012 0 0 0 KRISTIAN K KELLOGG CRO 153116 0 34000 0 4800 0 7861 0 27100 0 226877 0 0 0 KATI HYNES VP ECONOMIC GROWTH 135352 0 7500 0 4973 0 11613 0 11971 0 171409 0 0 0 KEVA L WALTON CGO 195761 0 20604 0 7420 0 18159 0 29546 0 271490 0 0 0 WRAY WARD OWNED >35% BY DIR 170675 DESIGN SVCS 0 FORM 990, PART VI, SECTION A, LINE 6 THE CHARLOTTE ORGANIZATION'S MEMBERS EACH HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE ORGANIZATION HAS THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS AND REVIEWED BY THE VP OF ACCOUNTING, CFO AND CEO OF THE ORGANIZATION. UPON APPROVAL BY THE CEO, CFO AND VP OF ACCOUNTING, THE 990 IS NEXT REVIEWED BY THE EXECUTIVE COMMITTEE AND THEN BY THE BOARD OF DIRECTORS. THE 990 IS FILED AFTER THE BOARD COMPLETES ITS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS NON-PROFIT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. WITH RESPECT TO ENFORCEMENT, EACH MEMBER HAS A DUTY TO DISCLOSE THE EXISTENCE OF A POSSIBLE CONFLICT OF INTEREST. ONCE A DISCLOSURE OF THE FACTS HAS BEEN MADE, THE PERSON WITH THE POTENTIAL CONFLICT MUST RECUSE THEMSELVES FROM THE MEETING. AT THIS POINT THE REMAINING MEMBERS SHALL VOTE ON WHETHER OR NOT AN ACTUAL CONFLICT EXISTS. IF IT IS DECIDED THAT A CONFLICT DOES EXIST, APPROPRIATE ACTIONS WILL BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 IN JANUARY OF EACH YEAR, THE ORGANIZATION CHAIR, THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS REVIEW THE ORGANIZATION'S PROGRAM OF WORK FOR THE COMING YEAR. THE CEO'S PERFORMANCE IS BASED UPON ACHIEVEMENT OF THESE KEY OBJECTIVES WHICH HAVE BEEN ASSIGNED RELATIVE VALUE. THE STATUS OF THESE KEY OBJECTIVES ARE PRESENTED TO THE EXECUTIVE COMMITTEE MONTHLY. AT THE END OF THE YEAR, THE CURRENT CHAIRPERSON AND CEO ASSESS ACHIEVEMENT OF THESE OBJECTIVES ON THE CEO'S PERFORMANCE REVIEW FORM. THE COMPENSATION COMMITTEE CONSISTS OF: CURRENT CHAIR, IMMEDIATE PAST CHAIR, CHAIR-ELECT, GENERAL COUNSEL AND TREASURER. THE COMMITTEE IS SUPPORTED BY THE ORGANIZATION'S CFO. DURING 2015 A SPECIAL COMPENSATION COMMITTEE WAS FORMED TO FURTHER REFINE AND KEEP CURRENT THE ORGANIZATION'S COMPENSATION STRUCTURE. THIS COMMITTEE CONTRACTED WITH AN INDEPENDENT COMPENSATION CONSULTANT TO PERFORM A MARKET BENCHMARK OF ALL EXECUTIVE COMPENSATION. THIS COMMITTEE'S WORK (INCLUDING THE CONSULTANT'S FULL REPORT) WAS COMPLETELY DOCUMENTED AND SUBMITTED TO THE COMPENSATION COMMITTEE IN DECEMBER 2015. AT THE END OF THE CALENDAR YEAR, THE COMPENSATION COMMITTEE REVIEWS THE FOLLOWING FOR THE CEO PERFORMANCE EVALUATION: CEO PERFORMANCE REVIEW BASED ON OBJECTIVES DISCUSSED ABOVE, INDEPENDENT CONTRACTOR REVIEWED PROGRAM AND MARKET ASSESSMENTS, A COMPENSATION HISTORY SPREADSHEET, A BENEFITS AND TOTAL COMPENSATION EXPLANATION, CEO COMPENSATION COMPARABLES FROM OTHER LOCAL NON-PROFITS, CEO COMPENSATION COMPARABLES FROM OTHER REGIONAL BUSINESS ALLIANCES AND MINUTES FROM THE MOST RECENT COMPENSATION COMMITTEE MEETINGS. UPON DETERMINING TOTAL CEO COMPENSATION (INCLUDING SALARY, BONUS AND BENEFIT ADJUSTMENTS), THE COMPENSATION COMMITTEE SUBMITS ITS PROPOSAL TO THE EXECUTIVE COMMITTEE FOR APPROVAL. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED ANNUALLY BASED ON PERFORMANCE MARKET INDICATORS. THESE KEY POSITIONS ARE REVIEWED ANNUALLY IN JANUARY AND THIS IS WHEN OBJECTIVES AND GOALS ARE DETERMINED FOR THE NEXT YEAR. THESE ANNUAL OBJECTIVES AND GOALS ARE FORMALLY REVIEWED AFTER SIX MONTHS. UNLESS THERE IS A SIGNIFICANT CHANGE IN JOB RESPONSIBILITIES OR COMPENSATION REFLECTED BY PERFORMANCE MARKET INDICATORS, COMPENSATION FOR THESE KEY POSITIONS ARE SUBJECT TO THE SAME BUDGETARY GUIDELINES AS THE REST OF THE STAFF. BONUSES AND INCENTIVE COMPENSATION FOR NON-CEO EMPLOYEES IS BASED ON ACHIEVEMENT OF BOTH ORGANIZATIONAL AND INDIVIDUAL OBJECTIVES AND THE DISCRETION OF THE CEO. THE PRESIDENT & CEO RECOMMENDS TOTAL COMPENSATION FOR THE SENIOR LEADERSHIP TEAM TO THE COMMITTEE FOR APPROVAL. CONSISTENT WITH THE EXECUTIVE COMPENSATION PROGRAM, THE COMMITTEE REVIEWS RECOMMENDATIONS FOR THE SENIOR LEADERSHIP TEAM INDIVIDUALLY (CHANGED IN 2015). THE TOTAL ANNUAL BONUS POOL IS APPROVED BY THE COMPENSATION COMMITTEE. GRANT THORNTON ALSO PROVIDED SERVICES IN AN OCTOBER 2015 EXECUTIVE COMPENSATION STUDY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC. THE ORGANIZATION'S BYLAWS, PUBLIC POLICY, STRATEGIC PLAN AND THE BOARD OF DIRECTOR'S LIST ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, LINE 2 IN PRIOR YEARS, IN THE INTEREST OF FULL DISCLOSURE, THE ALLIANCE REPORTED RELATIONSHIPS BETWEEN DIRECTORS THAT WERE BROADER THAN THE DEFINITIONS SET FORTH IN THE 990 INSTRUCTIONS FOR BUSINESS RELATIONSHIPS. HOWEVER, SINCE THIS OVER-DISCLOSURE MAY HAVE BEEN MISLEADING TO READERS OF THE FORM, GOING FORWARD THE ALLIANCE INTENDS TO ONLY REPORT RELATIONSHIPS AS REQUIRED BY THE IRS. IN REVIEWING THE INFORMATION FOR 2018, THE ALLIANCE DETERMINED THAT THERE WERE NO REPORTABLE BUSINESS RELATIONSHIPS REQUIRED TO BE DISCLOSED IN THE FORM 990.