2025-11-17T21:11:39-06:00 2024-12-31 135565207 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 990 2024-01-01 990073533 YOUNG MEN'S CHRISTIAN ASSOCIATION OF HONOLULU YOUN 8085313558 1441 PALI HIGHWAY HONOLULU HI 96813 BELINDA JOHNSON VP OF FINANCE 8085313558 2025-11-17 1 0 CANDACE C CHING P01698370 8085402800 2025-11-14 2024 2025-03-06 01:10:19Z BELINDA JOHNSON 1441 PALI HIGHWAY HONOLULU HI 96813 45323164 0 X WWW.YMCAHONOLULU.ORG X 1869 HI STRENGTHENING COMMUNITIES THROUGH YOUTH DEV, HEALTHY LIVING, & SOCIAL RESP PROGMS/SVCS. 39 39 1229 431 0 0 8375979 21141730 19553513 20604320 1281944 1258091 419402 444832 29630838 43448973 85037 81216 0 0 17623835 21654048 142788 140460 1481099 11995833 12704457 29847493 34580181 -216655 8868792 67432742 79062614 4805112 4411968 62627630 74650646 X STRENGTHENING COMMUNITIES IS THE Y'S CAUSE THROUGH PROGRAMS AND SERVICES FOCUSED ON YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. 0 0 16757969 5763 10229548 PROGRAMS FOR YOUTH DEVELOPMENT:THE YMCA OF HONOLULU IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE ALL YOUNG PEOPLE DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. WE HELP THEM CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND ACADEMIC SUCCESS. OUR PROGRAMS - INCLUDING PRESCHOOL, AFTER-SCHOOL, SCHOOL BREAK AND SUMMER CHILDCARE, AND TEEN PROGRAMS - OFFER EXPERIENCES THAT FOSTER COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. IN 2024, WE PROVIDED $629,112 IN PROGRAM FEE WAIVERS, MAKING PARTICIPATION POSSIBLE FOR MANY IN OUR COMMUNITY. OVERALL, THE YMCA OF HONOLULU REACHED MORE THAN 10,418 CHILDREN AND TEENS THROUGH YOUTH DEVELOPMENT PROGRAMS. 8490544 0 8964943 PROGRAMS THAT PROMOTE HEALTHY LIVING:THE YMCA OF HONOLULU IS A LEADING VOICE FOR HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, CONNECT KUPUNA WITH OPPORTUNITIES FOR SOCIALIZATION AND WELLNESS, ENCOURAGE HEALTHY LIFESTYLES, AND FOSTER COMMUNITY CONNECTIONS THROUGH FITNESS, SPORTS, RECREATION, AND SHARED INTERESTS. IN 2024, 22,172 PEOPLE IN OUR COMMUNITY RECEIVED THE SUPPORT, GUIDANCE, AND RESOURCES NEEDED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. THIS WORK IS CRITICAL AS OUR NATION FACES AN OBESITY CRISIS, FAMILIES NAVIGATE WORK-LIFE BALANCE CHALLENGES, AND INDIVIDUALS SEEK PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE, AND OPEN TO PEOPLE OF ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. CONTINUED ON SCHEDULE OIN 2024, WE PROVIDED $242,033 IN MEMBERSHIP FEE REDUCTIONS TO INDIVIDUALS WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION. 4737049 75453 1409829 PROGRAMS THAT STRENGTHEN SOCIAL RESPONSIBILITY:THE YMCA OF HONOLULU BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. FOR MORE THAN 157 YEARS, WE HAVE LISTENED AND RESPONDED TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS. OUR ADOLESCENT DRUG TREATMENT AND INTERVENTION SERVICES WORK TO REDUCE SUBSTANCE ABUSE, BUILD SELF-RESPECT, IMPROVE SCHOOL SUCCESS, STRENGTHEN FAMILY AND PEER RELATIONSHIPS, AND HELP YOUTH SECURE EMPLOYMENT. OUR AFTER-SCHOOL, OUT-OF-SCHOOL PREVENTION, AND YOUTH MENTORING PROGRAMS PROVIDE SAFE, SUPERVISED ENVIRONMENTS WHERE YOUNG PEOPLE CAN ENGAGE IN POSITIVE ACTIVITIES AS ALTERNATIVES TO VIOLENCE, GANG INVOLVEMENT, AND DRUG USE. CONTINUED ON SCHEDULE OTHESE PROGRAMS INCLUDE LEADERSHIP DEVELOPMENT, COUNSELING, HOMEWORK ASSISTANCE, SUBSTANCE ABUSE EDUCATION, CAMPING, SPORTS, RECREATION, AND MENTAL AND PHYSICAL WELLNESS ACTIVITIES. TOGETHER, THESE SERVICES DELIVER TRAINING, RESOURCES, AND SUPPORT THAT CREATE CHANGE, BRIDGE GAPS, AND REMOVE BARRIERS. IN 2024, WE ENGAGED 1,605 ADOLESCENTS AND YOUTH IN OUTREACH PROGRAMS AIMED AT STRENGTHENING OUR COMMUNITY AND PAVING THE WAY FOR FUTURE GENERATIONS TO THRIVE. 29985562 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 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 50 0 1 1229 1 0 0 0 0 0 0 0 0 0 0 0 0 X 39 39 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 HI X X DWAYNE MASUTANI 8085415490 1441 PALI HIGHWAY HONOLULU HI 96813 GREGORY WAIBEL PRESIDENT/CEO 40.00 0.00 X 377574 0 43248 KERRI VAN DUYNE VP OF DEVELOPMENT 40.00 0.00 X 163359 0 27726 JENNIFER TOWNSEND VP OF YOUTH DEVELOPMENT 40.00 0.00 X 144899 0 25823 BELINDA JOHNSON VP OF FINANCE 40.00 0.00 X 151672 0 17930 LEIGH ANN LANDRETH VP OF MEMBERSHIP HEALTHY 40.00 0.00 X 144331 0 24217 LISA ONTAI VP OF MARKETING AND MISSION 40.00 0.00 X 140601 0 24051 ANDREW HOOD EXECUTIVE DIRECTOR 40.00 0.00 X 115995 0 20785 SHERWIN DUQUEZ FACILITIES DIRECTOR 40.00 0.00 X 113625 0 20582 DWAYNE MASUTANI CONTROLLER 40.00 0.00 X 120249 0 6648 WENDY TARAMASCO DIRECTOR OF IT 40.00 0.00 X 105192 0 21422 KYLE ISHIZAKA EXECUTIVE DIRECTOR 40.00 0.00 X 101467 0 21370 KEVIN PATTERSON VP OF PEOPLE & CULTURE (SINCE 6/2024) 40.00 0.00 X 69830 0 0 NEILSON PERSAUD VP OF HUMAN RESOURCES (THRU 6/2024) 40.00 0.00 X 65417 0 3324 MICHAEL DOSS CHIEF OPERATING OFFICER (THRU 1/2024) 40.00 0.00 X 33810 0 554 STEVEN C AI VICE CHAIR 2.00 0.00 X X 0 0 0 CLAUDIA CRIST TREASURER 2.00 0.00 X X 0 0 0 LINDA GEE SECRETARY 2.00 0.00 X X 0 0 0 ANDREW ROSEN CHAIRMAN 3.00 0.00 X X 0 0 0 PAULA AKANA BOARD MEMBER 1.00 0.00 X 0 0 0 JAY ANA BOARD MEMBER (THRU 8/2024) 1.00 0.00 X 0 0 0 BENJAMIN ANCHETA BOARD MEMBER 1.00 0.00 X 0 0 0 JAN BOIVIN BOARD MEMBER 1.00 0.00 X 0 0 0 TAMMI BONGOLL BOARD MEMBER (THRU 8/28/24) 1.00 0.00 X 0 0 0 MARK BRATTON BOARD MEMBER 1.00 0.00 X 0 0 0 DR PAUL J CARRY BOARD MEMBER 1.00 0.00 X 0 0 0 COLTON CHING BOARD MEMBER (THRU 5/31/24) 1.00 0.00 X 0 0 0 CRAIG CHONG BOARD MEMBER 1.00 0.00 X 0 0 0 DR MICHAEL J CHUN BOARD MEMBER 1.00 0.00 X 0 0 0 ADELIA CHUNG BOARD MEMBER 1.00 0.00 X 0 0 0 DANIEL CODY BOARD MEMBER 1.00 0.00 X 0 0 0 JOAN FUJITA BOARD MEMBER 1.00 0.00 X 0 0 0 LISA FURUTA BOARD MEMBER 1.00 0.00 X 0 0 0 WAYNE HAMANO BOARD MEMBER (THRU 12/31/24) 1.00 0.00 X 0 0 0 JEFFREY S HARRIS BOARD MEMBER 1.00 0.00 X 0 0 0 GREG HESTER BOARD MEMBER 1.00 0.00 X 0 0 0 LORI KAHIKINA BOARD MEMBER (SINCE 8/28/24) 1.00 0.00 X 0 0 0 KEKOA KALUHIWA BOARD MEMBER (THRU 3/5/24) 1.00 0.00 X 0 0 0 BRETT KATAYAMA BOARD MEMBER 1.00 0.00 X 0 0 0 DEXTER KUBOTA BOARD MEMBER (SINCE 8/28/24) 1.00 0.00 X 0 0 0 EMILY OSHIMA LEE BOARD MEMBER 1.00 0.00 X 0 0 0 RYAN LEE BOARD MEMBER 1.00 0.00 X 0 0 0 JEN-L W LYMAN BOARD MEMBER 1.00 0.00 X 0 0 0 ARNOLD MARTINES BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW MEADE BOARD MEMBER 1.00 0.00 X 0 0 0 ROBIN E S MIYAMOTO BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICIA MIYASHIRO BOARD MEMBER (SINCE 7/1/24) 1.00 0.00 X 0 0 0 KURT MURAO BOARD MEMBER (THRU 5/31/24) 1.00 0.00 X 0 0 0 KURT MURATA BOARD MEMBER 1.00 0.00 X 0 0 0 SANFORD MURATA BOARD MEMBER 1.00 0.00 X 0 0 0 KU'UHAKU PARK BOARD MEMBER (SINCE 6/23/24) 1.00 0.00 X 0 0 0 STACY PHILIPPOU BOARD MEMBER 1.00 0.00 X 0 0 0 JESSE RICH BOARD MEMBER (SINCE 8/28/24) 1.00 0.00 X 0 0 0 FREDERICK ROHLFING BOARD MEMBER 1.00 0.00 X 0 0 0 STEVETTE SANTIAGO BOARD MEMBER (SINCE 7/1/24) 1.00 0.00 X 0 0 0 SUZIE SCHULBERG BOARD MEMBER (SINCE 7/1/24) 1.00 0.00 X 0 0 0 BOBBY SENAHA BOARD MEMBER (THRU 5/31/24) 1.00 0.00 X 0 0 0 SHANA TONG BOARD MEMBER 1.00 0.00 X 0 0 0 LANCE WILHELM BOARD MEMBER 1.00 0.00 X 0 0 0 JIM YATES BOARD MEMBER (THRU 8/28/24) 1.00 0.00 X 0 0 0 TERENCE YOUNG BOARD MEMBER 1.00 0.00 X 0 0 0 1848021 0 257680 0 0 1 0 ROBERTO LANDSCAPING & MAINTENANCE LLC 94-1000 PUIA STREET HONOLULU HI 96817 LANDSCAPING 253093 LIFELINE FIRE & SECURITY INC 2045 LAUWILIWILI ST STE 901 KAPOLEI HI 96707 SECURITY SYSTEMS 241107 KPMG LLP 1003 BISHOP STREET SUITE 2210 HONOLULU HI 96813 AUDITING AND TAX 226352 ABBEY CARPET & FLOOR OF HAWAII 560 N NIMITZ HWY 106 HONOLULU HI 96817 FLOORING 206253 CONCEPT IMAGINEERING 1003 BISHOP STREET SUITE 2700 HONOLULU HI 96817 TECHNOLOGY SERVICES 203489 10 6905 10415983 10718842 82564 21141730 YOUTH DEVELOPMENT PROGRAMS 900099 10229548 10229548 HEALTHY LIVING PROGRAMS 900099 8964943 8964943 SOCIAL RESPONSIBILITY PROGRAMS 900099 1409829 1409829 20604320 939215 939215 333163 40551 292612 292612 292612 2139989 1751052 70061 388937 -70061 318876 318876 53893 12527 41366 41366 5292 0 5292 5292 A+ SUPPLIES 900099 80000 80000 OTHER REVENUE 900099 12824 12824 BANK REBATES 900099 12738 12738 105562 43448973 20604320 0 1702923 2739 2739 78477 78477 1458366 998157 232003 228206 16635094 16022409 111076 501609 922201 881304 1568 39329 945159 909738 21875 13546 1693228 1599069 30019 64140 67722 9410 58312 252530 100754 151776 50262 50262 140460 140460 44342 44342 1257152 963779 252782 40591 450703 415281 10407 25015 3497617 2585044 864624 47949 3285317 2629882 507576 147859 510294 451040 58664 590 355232 161683 146635 46914 185 185 522775 316841 205934 1958155 1531858 330129 96168 276737 269283 6350 1104 BAD DEBT 85362 85362 OTHER 55142 38642 16147 353 MEMBERSHIP DUES 22808 7865 13039 1904 RECRUITMENT SERVICES 12122 12122 34580181 29985562 3113520 1481099 10679 10100 1840388 2791374 0 0 2744889 10214186 0 0 0 0 0 0 38470 36472 316479 418376 65327694 31681972 34480691 33645722 27882491 31876352 0 0 0 0 0 0 118655 70032 67432742 79062614 2633812 3343070 0 0 2042837 990048 0 0 0 0 0 0 0 0 0 0 128463 78850 4805112 4411968 X 55174765 56318888 7452865 18331758 62627630 74650646 67432742 79062614 8868792 3154224 0 X 0 1 X 1 1 1 X 9814308 10150159 10595514 8375979 21141730 60077690 9814308 10150159 10595514 8375979 21141730 60077690 4178022 55899668 640893 777897 416193 1055762 1272378 4163123 468938 43253 94359 220813 164747 992110 65232923 76972240 0.85690 0.90280 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EMPLOYEE RETENTION CREDIT - 2020 AMOUNT: $ 382,120. INVENTORY SALES - 2020 AMOUNT: $ 14,155. 2021 AMOUNT: $ 16,247. 2022 AMOUNT: $ 23,524. 2023 AMOUNT: $ 8,235. 2024 AMOUNT: $ 5,292. OTHER - 2021 AMOUNT: $ 11,858. 2022 AMOUNT: $ 25,239. 2023 AMOUNT: $ 190,127. 2024 AMOUNT: $ 105,562. SPECIAL EVENT REVENUE - 2020 AMOUNT: $ 72,663. 2021 AMOUNT: $ 15,148. 2022 AMOUNT: $ 45,596. 2023 AMOUNT: $ 22,451. 2024 AMOUNT: $ 53,893. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 50262 0 0 50262 0 SCHEDULE C, PART II-B, LINE 1G THE ASSOCIATION MET WITH STATE LEGISLATORS TO ENCOURAGE THEM TO PASS THE ASSOCIATION'S GRANT IN AID REQUEST AND RESOLUTION. 6626780 66522 900436 199237 7394501 6726568 5360 1029280 1134428 6626780 7007700 1098909 -1156213 223828 6726568 6328454 51626 828588 200968 7007700 5667385 165141 687240 191312 6328454 0.53200 0.46800 0 0 5557770 5557770 50442459 26141189 24301270 2403315 1331448 1071867 5898006 4209335 1688671 1026144 1026144 33645722 OPERATING LEASE LIABILITIES 70032 LIABILITY UNDER SPLIT-INTEREST 8818 78850 X 46603197 3154224 3154224 43448973 0 43448973 34580181 0 34580181 0 34580181 PART V, LINE 4: FORM 990, SCHEDULE D, PART V, LINE 4 THE CORPUS IS TO BE MAINTAINED IN PERPETUITY WITH THE EARNINGS ON THE ENDOWMENT FUNDS, WHICH WILL BE USED TO SUPPORT YMCA OF HONOLULU PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG FAMILIES, LEADERSHIP SKILLS, VALUE DEVELOPMENT, INTERNATIONAL UNDERSTANDING, AND COMMUNITY DEVELOPMENT. PART X, LINE 2: FORM 990, SCHEDULE D, PART X, LINE 2 THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS GENERALLY NOT SUBJECT TO FEDERAL INCOME TAXES. HOWEVER, THE ASSOCIATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSES OF WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED, AS IT IS THE OPINION OF MANAGEMENT THAT NET INCOME FROM ANY UNRELATED TRADE OR BUSINESS, IF ANY, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL TAX AUTHORITIES FOR YEAR BEFORE 2021 AND STATE TAX AUTHORITIES FOR YEARS BEFORE 2021. X X X X X X X 1 DONOR BY DESIGN GROUP LLC PO BOX 7106 CAROL STREAM IL 60197 CAP CAMPGN 0 0 102768 0 THE FUND DEVELOPMENT GROUP 4348 WAIALAE AVE SUITE 282 HONOLULU HI 96816 CAP CAMPGN 0 0 37692 0 140460 HI ANNUAL SUPPORT 48079 48079 4295 48079 48079 4295 4295 43784 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE PROFESSIONAL FUNDRAISERS LISTED ON PART I LINE 2B, PROVIDED CONSULTING SERVICES TO ASSIST THE YMCA OF HONOLULU IN ITS FUNDRAISING EFFORTS, AND ARE NOT ATTRIBUTED TO ANY SPECIFIC CHARITABLE CONTRIBUTIONS RAISED. 1 COLLEGE TUITION SCHOLARSHIPS TO EMPLOYEES 25 72714 N/A N/A PROGRAM & MEMBERSHIP FINANCIAL ASSISTANCE FOR QUALIFIED FAMILIES 1395 5763 N/A N/A PART I, LINE 2: THE ORGANIZATION MONITORS MONTHLY, ITS GRANTS AND ASSISTANCE GIVEN TO INDIVIDUALS THROUGH ITS APPLICATION PROCESS AND THE TRACKING OF ITS EXPENSES TO THE GRANT REVENUE AVAILABLE FOR THE TYPE OF ASSISTANCE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 GREGORY WAIBEL PRESIDENT/CEO 291659 0 85915 0 0 0 36600 0 6648 0 420822 0 0 0 KERRI VAN DUYNE VP OF DEVELOPMENT 160659 0 2700 0 0 0 20718 0 7008 0 191085 0 0 0 JENNIFER TOWNSEND VP OF YOUTH DEVELOPMENT 144899 0 0 0 0 0 18815 0 7008 0 170722 0 0 0 BELINDA JOHNSON VP OF FINANCE 141175 0 10497 0 0 0 10922 0 7008 0 169602 0 0 0 LEIGH ANN LANDRETH VP OF MEMBERSHIP HEALTHY 142981 0 1350 0 0 0 17569 0 6648 0 168548 0 0 0 LISA ONTAI VP OF MARKETING AND MISSION 119597 0 21004 0 0 0 17403 0 6648 0 164652 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES - PROVIDED TO GREGORY WAIBEL. THIS IS NOT INCLUDED IN COMPENSATION AS THE MEMBERSHIP IS USED PRIMARILY FOR BUSINESS PURPOSES AS EXPENSES ARE SUBJECT TO THE ORGANIZATION'S ACCOUNTABLE PLAN REIMBURSEMENT PROCEDURES. X 6536 RETAIL VALUE X 10 76027 AVG MARKET VALUE 0 0 1 1 PART I, LINE 32B: CONTRIBUTION OF STOCK IS HANDLED BY CKW, INVESTMENT MANAGER. THE DONOR SENDS THEIR STOCK DONATION DIRECTLY TO CKW WHO THEN TURNS AROUND AND SELLS IT WITHIN ONE BUSINESS DAY. CKW THEN WIRES THE NET PROCEEDS TO OUR BANK ACCOUNT. WE DO NOT USE ANY OTHER THIRD PARTIES TO SOLICIT, PROCESS, OR SELL NONCASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS DELEGATES ITS AUTHORITY TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS MADE UP OF 13 MEMBERS OF THE BOARD OF DIRECTORS, NO OUTSIDE MEMBERS, AND CAN ACT ON BEHALF OF THE BOARD, E.G. ALL POWERS OF THE BOARD, IN MONTHS THAT THE BOARD DOES NOT MEET. FORM 990, PART VI, SECTION A, LINE 2 STEVEN AI, PRESIDENT & CEO OF CITY MILL, AND JIM YATES, BOARD MEMBER OF CITY MILL, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE & THE EXECUTIVE COMMITTEE, WHO ACTS ON BEHALF OF THE BOARD OF DIRECTORS IN MONTHS THAT THE BOARD DOES NOT MEET, REVIEWED AND APPROVED FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. A COPY OF FORM 990, AS FILED WITH THE INTERNAL REVENUE SERVICE, WILL BE PROVIDED TO EACH AND EVERY FINANCE COMMITTEE MEMBER & BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CFO IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS. PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT SHE: (1) HAS RECEIVED A COPY OF THE CONFLICTS OR INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICTS OF INTEREST QUESTIONNAIRE. IF IT IS DETERMINED THAT AN OFFICER, DIRECTOR OR KEY EMPLOYEE HAS A CONFLICT OF INTEREST, THE PERSON IS ASKED TO LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. THE BOARD OF DIRECTORS DISCUSSES THE ARRANGEMENT AND ITS ALTERNATIVES. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS DETERMINES BY A MAJORITY VOTE OF DISINTERESTED MEMBERS THAT THE ARRANGEMENT IS IN THE Y'S BEST INTEREST, IS FAIR AND REASONABLE TO THE Y AND WHETHER TO ENTER THE ARRANGEMENT. THE MINUTES OF THE BOARD CONTAINS THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A CONFLICT OF INTEREST AND THE NATURE OF THE CONFLICT OF INTEREST. THE MINUTES OF THE BOARD ALSO CONTAIN THE NAMES OF THE PERSONS WHO WERE PRESENT FOR THE DISCUSSION AND THE VOTE RELATING TO THE ARRANGEMENT, THE CONTENT OF THE DISCUSSION (INCLUDING ANY ACTION TAKEN TO DETERMINE WHETHER THE CONFLICT OF INTEREST WAS IN THE Y'S BEST INTEREST AND ANY ALTERNATIVES TO THE PROPOSED ARRANGEMENT), AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15 THE YMCA OF HONOLULU'S BOARD OF DIRECTOR COMPENSATION COMMITTEE (THE "COMMITTEE") IS COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, AND IS ACCOUNTABLE FOR SETTING A REASONABLE COMPENSATION FOR THE CEO. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND INCENTIVE COMPENSATION CRITERIA FOR THE CEO. THE ASSOCIATION'S WRITTEN RECORDS INCLUDE: (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF ANY COMPARABLE DATA USED. APPROPRIATE COMPARABILITY DATA FOR BOTH THE FIXED AND INCENTIVE COMPENSATION IS OBTAINED FROM THE FOLLOWING: (1) VIA THE YMCA-USA, THE NATIONAL ORGANIZATION THAT CHARTERS ALL YMCA ORGANIZATIONS ACROSS THE USA, AND (2) VIA SURVEYS OF LOCAL BASED, SIMILAR SIZED COMPANIES, BOTH FOR-PROFIT AND NOT-FOR-PROFIT, WITH SIMILAR RESPONSIBILITIES. COMPARABILITY DATA USED IS DRAWN FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN HAWAII AND ON THE MAINLAND. THE COMMITTEE ALSO OBTAINS A WRITTEN OPINION ON THE APPROPRIATENESS OF THE CEO'S FIXED & INCENTIVE COMPENSATION FROM THE HUMAN RESOURCES COMMITTEE, AND DEVELOPS A RECOMMENDATION THAT IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MET IN 2024 TO DETERMINE THE AMOUNT OF FIXED & INCENTIVE COMPENSATION, IF ANY, TO PAY THE CEO BASED OFF OF THE 2024 PERFORMANCE GOALS AND EVALUATIONS. THE MINUTES OF THE MEETINGS TO DETERMINE COMPENSATION INCLUDE A LIST OF MEMBERS PRESENT, THE ACTIONS APPROVED BY THE BOARD OF DIRECTORS, AND A DESCRIPTION OF THE COMPARABILITY DATA USED. THE BOARD OF DIRECTORS HAS APPOINTED THE CEO IN CHARGE OF SETTING REASONABLE COMPENSATION PACKAGES FOR ITS OTHER SENIOR STAFF WHO ARE ALSO OFFICERS OR KEY EMPLOYEES OF THE YOUNG MEN'S CHRISTIAN ASSOCIATION CEO IN CONJUNCTION WITH THE HR DIRECTOR, AND CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, DEVELOPS THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND INCENTIVE COMPENSATION CRITERIA FOR YMCA'S EMPLOYEES. THE ASSOCIATION'S WRITTEN RECORDS INCLUDE: (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF ANY COMPARABLE DATA RELIED UPON BY THE CEO & HR DIRECTOR. APPROPRIATE COMPARABILITY DATA IS OBTAINED VIA THE YMCA-USA, THE NATIONAL ORGANIZATION THAT CHARTERS ALL YMCA ORGANIZATIONS ACROSS THE USA. COMPARABILITY DATA USED IS DRAWN FROM SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN HAWAII AND ON THE MAINLAND. THIS ANALYSIS FOR KEY EMPLOYEE COMPENSATION WAS LAST PERFORMED IN OCTOBER 2024. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND PRIOR YEARS' FORM 990 AVAILABLE ON ITS WEBSITE.