2015-12-04T15:23:08-06:00 2015-05-31 161131146 BONADIO & CO LLP 171 SULLYS TRAIL SUITE 201 PITTSFORD NY 14534 990 2014-06-01 135678837 NYSARC INC NYSA 5184398311 393 DELAWARE AVENUE DELMAR NY 12054 STEVEN KROLL EXECUTIVE DIRECTOR 5184398311 2015-12-04 1 MARK L WATERSTRAM P00117271 5853811000 2014 2016-04-25 22:37:26Z STEVEN KROLL 393 DELAWARE AVENUE DELMAR NY 12054 9385528 0 1256 X WWW.NYSARC.ORG X 1949 NY NYSARC WAS FOUNDED IN 1949 TO MEET A CRITICAL MISSION - TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES. 145 145 98 145 0 0 1891 444 8928267 6104762 68720 76318 0 2632230 8998878 8813754 23250 13500 0 0 6239148 6265489 0 0 0 2553093 2437068 8815491 8716057 183387 97697 9596131 9932331 4893459 5029590 4702672 4902741 X TO IMPROVE THE QUALITY OF LIFE FOR PERSONS WITH DEVELOPMENTAL DISABILITIES IN EVERY MANNER POSSIBLE. 0 0 4868341 6091762 NYSARC OFFERS A FULL RANGE OF TRUST SERVICES, ADMINISTRATION OF POOLED TRUSTS, AS WELL AS FIRST- AND THIRD-PARTY INDIVIDUAL TRUSTS, ALL OF WHICH ARE DESIGNED TO MEET THE NEEDS OF PEOPLE WITH ANY TYPE OF DISABILITY. ALL QUALIFY AS SUPPLEMENTAL NEEDS TRUSTS. A SUPPLEMENTAL NEEDS TRUST IS A WAY TO SET ASIDE FUNDS TO ENHANCE THE QUALITY OF LIFE OF AN INDIVIDUAL WITH SPECIAL NEEDS WITHOUT RISKING THAT PERSON'S BENEFITS UNDER VARIOUS GOVERNMENT PROGRAMS. 629112 THE PROVISION OF EDUCATION, TRAINING, REHABILITATION AND RESEARCH FOR INDIVIDUALS WITH INTELLECTUAL AND OTHER DISABILITIES. AS A LEADING ADVOCATE FOR PERSONS WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES, THE ORGANIZATION PROVIDES SUPPORT, INFORMATION, DIRECTION AND OTHER SERVICES. 458029 13500 13000 THE ORGANIZATION PROVIDES TRAINING, FINANCIAL SUPPORT AND TECHNICAL LEGAL ASSISTANCE THROUGH A STATEWIDE GUARDIANSHIP PROGRAM. THE PROGRAM IS ADMINISTERED THROUGH NYSARC'S STATE OFFICE AND SERVES INDIVIDUALS WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES. 190331 LEGISLATIVE ADVOCACY FOR THOSE WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES. 190331 6145813 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 98 1 0 0 0 0 0 0 0 0 0 0 X 145 145 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 NY X X JOHN SHERMAN 5184398311 393 DELAWARE AVENUE DELMAR NY 12054 LAURA KENNEDY PRESIDENT 1.00 X X 0 0 0 PATRICIA CAMPANELLA SR VICE PRESIDENT, PR CENTRAL 1.00 X X 0 0 0 MARY SKILLAN VICE PRESIDENT, NORTHEAST 1.00 X X 0 0 0 JOSEPH M BOGNANNO VICE PRESIDENT, WESTERN 1.00 X X 0 0 0 SAUNDRA M GUMEROVE VICE PRESIDENT, SOUTHEAST 1.00 X X 0 0 0 MARYANN BRUNER SECRETARY 1.00 X X 0 0 0 LORI MARTINDALE TREASURER 1.00 X X 0 0 0 KENNETH WALKER ASSISTANT TREASURER 1.00 X X 0 0 0 ANGELO DEFELIPPO III MEMBER AT LARGE 1.00 X 0 0 0 ARTHUR STILWELL MEMBER AT LARGE 1.00 X 0 0 0 DR JOHN KOWALCZYK MEMBER AT LARGE 1.00 X 0 0 0 MARY ELLEN MURPHY MEMBER AT LARGE 1.00 X 0 0 0 MARK METZGER MEMBER AT LARGE 1.00 X 0 0 0 DIAN CIFUNI MEMBER AT LARGE 1.00 X 0 0 0 JOHN A SCHUPPENHAUER MEMBER AT LARGE; IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 THOMAS J TALBETT JR BOARD MEMBER 1.00 X 0 0 0 DEBRAH THOMPSON BOARD MEMBER 1.00 X 0 0 0 JERRY ISAACS BOARD MEMBER 1.00 X 0 0 0 AL TURK BOARD MEMBER 1.00 X 0 0 0 IDA RIOS BOARD MEMBER 1.00 X 0 0 0 JAMES HAYES BOARD MEMBER 1.00 X 0 0 0 ELLEN FELDMAN BOARD MEMBER 1.00 X 0 0 0 RAPHAEL SMITH BOARD MEMBER 1.00 X 0 0 0 DR TODD JACOBSON BOARD MEMBER 1.00 X 0 0 0 MICHAEL METZGER BOARD MEMBER 1.00 X 0 0 0 BARBARA STEWART BOARD MEMBER 1.00 X 0 0 0 SUSAN POST BOARD MEMBER 1.00 X 0 0 0 RICHARD SISSON BOARD MEMBER 1.00 X 0 0 0 KIM PARKER BOARD MEMBER 1.00 X 0 0 0 JILL ABDALLAH BOARD MEMBER 1.00 X 0 0 0 DR JAMES ASHE BOARD MEMBER 1.00 X 0 0 0 GILBERT DUKEN BOARD MEMBER 1.00 X 0 0 0 MERRILEE HAMLIN BOARD MEMBER 1.00 X 0 0 0 CYNTHIA LACKI BOARD MEMBER 1.00 X 0 0 0 MARY ANNE VANDENBURGH BOARD MEMBER 1.00 X 0 0 0 DOROTHY WHEELER BOARD MEMBER 1.00 X 0 0 0 ROSE MARY CELLA BOARD MEMBER 1.00 X 0 0 0 DONALD GEER BOARD MEMBER 1.00 X 0 0 0 JAMES WARREN BOARD MEMBER 1.00 X 0 0 0 RUTH VITALE BOARD MEMBER 1.00 X 0 0 0 DAWN DESMOND BOARD MEMBER 1.00 X 0 0 0 BRIAN ATTEA ESQ BOARD MEMBER 1.00 X 0 0 0 SHANNON PATCH BOARD MEMBER 1.00 X 0 0 0 WENDY BEEMAN BOARD MEMBER 1.00 X 0 0 0 SHELLEY WINTERS BOARD MEMBER 1.00 X 0 0 0 DMITRY FELD BOARD MEMBER 1.00 X 0 0 0 ROBERT KLEPPANG BOARD MEMBER 1.00 X 0 0 0 RINALDO ESPOSITO BOARD MEMBER 1.00 X 0 0 0 DAVE MILLER BOARD MEMBER 1.00 X 0 0 0 JUDY SCHELLE BOARD MEMBER 1.00 X 0 0 0 JEAN SCHULTZ BOARD MEMBER 1.00 X 0 0 0 DEBRAH FISCHER BOARD MEMBER 1.00 X 0 0 0 CANDIE POCOCK BOARD MEMBER 1.00 X 0 0 0 STEPHANIE DYER BOARD MEMBER 1.00 X 0 0 0 RONALD GEORGE BOARD MEMBER 1.00 X 0 0 0 DAVID LISCOMB BOARD MEMBER 1.00 X 0 0 0 JOANNE RHODE BOARD MEMBER 1.00 X 0 0 0 CHERYL ENGLERT BOARD MEMBER 1.00 X 0 0 0 MARCY VANZANDT BOARD MEMBER 1.00 X 0 0 0 RANDY SCHAAL ESQ BOARD MEMBER 1.00 X 0 0 0 CHUCK STEVENS BOARD MEMBER 1.00 X 0 0 0 SARAH BEISHEIM BOARD MEMBER 1.00 X 0 0 0 MARY BETH IRISH BOARD MEMBER 1.00 X 0 0 0 JOEL KAPLAN BOARD MEMBER 1.00 X 0 0 0 SALLY ROMANO BOARD MEMBER 1.00 X 0 0 0 RADY BRUELL BOARD MEMBER 1.00 X 0 0 0 PAUL A GIORDANO BOARD MEMBER 1.00 X 0 0 0 HALLIE GREENE BOARD MEMBER 1.00 X 0 0 0 HOWARD JURIST BOARD MEMBER 1.00 X 0 0 0 HARRIET TRAVERSA BOARD MEMBER 1.00 X 0 0 0 DR MELVIN GERTNER BOARD MEMBER 1.00 X 0 0 0 ANNE GORDAN BOARD MEMBER 1.00 X 0 0 0 EDWARD LEAHY BOARD MEMBER 1.00 X 0 0 0 NANCY PETRINO BOARD MEMBER 1.00 X 0 0 0 SHARYN VAN REEPINGHEN BOARD MEMBER 1.00 X 0 0 0 DONALD SMITH BOARD MEMBER 1.00 X 0 0 0 JOANNA GRECO BOARD MEMBER 1.00 X 0 0 0 DAVID MATHIS BOARD MEMBER 1.00 X 0 0 0 DEBORAH MCGRATH BOARD MEMBER 1.00 X 0 0 0 ZAIDA MORELL BOARD MEMBER 1.00 X 0 0 0 RUTH RIDGWAY BOARD MEMBER 1.00 X 0 0 0 JAMES CANNON BOARD MEMBER 1.00 X 0 0 0 JOYCE CARMEN BOARD MEMBER 1.00 X 0 0 0 GORDON EYER BOARD MEMBER 1.00 X 0 0 0 DEBORAH WILBUR BOARD MEMBER 1.00 X 0 0 0 JOANNE GRANT BOARD MEMBER 1.00 X 0 0 0 REV KEN DEGNAN BOARD MEMBER 1.00 X 0 0 0 MARLENE HILL BOARD MEMBER 1.00 X 0 0 0 MARY ANN BARBARINO BOARD MEMBER 1.00 X 0 0 0 RICHARD RIMA BOARD MEMBER 1.00 X 0 0 0 JOSEPH BRILL BOARD MEMBER 1.00 X 0 0 0 WALTER HOGAN BOARD MEMBER 1.00 X 0 0 0 LAURA DODGE BOARD MEMBER 1.00 X 0 0 0 SUSAN LUCAS BOARD MEMBER 1.00 X 0 0 0 HEATHER STRICKLAND BOARD MEMBER 1.00 X 0 0 0 DIANE DEARBORN BOARD MEMBER 1.00 X 0 0 0 EDIE HALL BOARD MEMBER 1.00 X 0 0 0 SONIA CRANNAGE ESQ BOARD MEMBER 1.00 X 0 0 0 KAREN FEINSTEIN BOARD MEMBER 1.00 X 0 0 0 EDWARD RAUSH BOARD MEMBER 1.00 X 0 0 0 RICHARD SIROTA BOARD MEMBER 1.00 X 0 0 0 GISELA SCHMIDT BOARD MEMBER 1.00 X 0 0 0 AUDREY TARANTINO BOARD MEMBER 1.00 X 0 0 0 ROBERT CLEMENTE BOARD MEMBER 1.00 X 0 0 0 BARBARA ROESER BOARD MEMBER 1.00 X 0 0 0 ANNE TOWNSEND BOARD MEMBER 1.00 X 0 0 0 ROBERT BARNETT BOARD MEMBER 1.00 X 0 0 0 ROBERT DESIO BOARD MEMBER 1.00 X 0 0 0 DR LAWRENCE FEIN BOARD MEMBER 1.00 X 0 0 0 DAVID WICKERHAM BOARD MEMBER 1.00 X 0 0 0 BARBARA KANIA BOARD MEMBER 1.00 X 0 0 0 JOHN DESANTO BOARD MEMBER 1.00 X 0 0 0 GREG HURD BOARD MEMBER 1.00 X 0 0 0 HAROLD HOFFMEIER JR BOARD MEMBER 1.00 X 0 0 0 MARCIA KASPRZYK BOARD MEMBER 1.00 X 0 0 0 ROSE PALMIERI BOARD MEMBER 1.00 X 0 0 0 JOHN E BECKER II BOARD MEMBER 1.00 X 0 0 0 PAUL GREENFIELD BOARD MEMBER 1.00 X 0 0 0 MISCHELLE SHATTUCK BOARD MEMBER 1.00 X 0 0 0 JOSEPH DEL BROCCOLO BOARD MEMBER 1.00 X 0 0 0 FRANCES DEMPSEY BOARD MEMBER 1.00 X 0 0 0 JOHN MACH BOARD MEMBER 1.00 X 0 0 0 JAMES MCENEANEY BOARD MEMBER 1.00 X 0 0 0 FRED K SALZBERG BOARD MEMBER 1.00 X 0 0 0 IRENE KIRTACK BOARD MEMBER 1.00 X 0 0 0 STEVEN DROBYSH BOARD MEMBER 1.00 X 0 0 0 ROBERT BOENING BOARD MEMBER 1.00 X 0 0 0 SCOTT LANG BOARD MEMBER 1.00 X 0 0 0 DR SEVERIN CARLSON BOARD MEMBER 1.00 X 0 0 0 NICHOLAS LANZA BOARD MEMBER 1.00 X 0 0 0 DANIEL MARTINDALE BOARD MEMBER 1.00 X 0 0 0 ANNE MARIE LOCKHART BOARD MEMBER 1.00 X 0 0 0 SHARON BOYD BOARD MEMBER 1.00 X 0 0 0 CAROL KENYON BOARD MEMBER 1.00 X 0 0 0 NELVA TUREK BOARD MEMBER 1.00 X 0 0 0 ANTHONY ASSALONE BOARD MEMBER 1.00 X 0 0 0 SHERYL R FRISHMAN BOARD MEMBER 1.00 X 0 0 0 BERNIE KROOKS BOARD MEMBER 1.00 X 0 0 0 STACEY OSBORNE BOARD MEMBER 1.00 X 0 0 0 ABBY REUBEN BOARD MEMBER 1.00 X 0 0 0 ROSA RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 ELLEN OWNENS BOARD MEMBER 1.00 X 0 0 0 JAMES BLACKBURN BOARD MEMBER 1.00 X 0 0 0 GREG BOOTH BOARD MEMBER 1.00 X 0 0 0 MARC N BRANDT EXECUTIVE DIRECTOR 40.00 X 245210 0 71619 JOHN SHERMAN CHIEF FINANCIAL OFFICER 40.00 X 143608 0 52502 BEN GOLDEN ASSOCIATE ED, GOV'T AFFAIR 40.00 X 125896 0 53126 JOHN KEMMER ASSOCIATE ED, PROGRAM SVCS 40.00 X 122580 0 25159 HEIDI FLATT CHIEF OPERATING OFFICER-TR 40.00 X 132760 0 32145 TANIA SEABURG SENIOR ASSOCIATE ED FOR AD 40.00 X 128022 0 26732 BRIAN CREGIN ASSISTANT CFO 40.00 X 122788 0 30209 1020864 0 291492 11 0 1 0 MA WALLINGFORD 6 BARTES CT LOUDONVILLE NY 12211 CONSULTING 496225 BRITISH AMERICAN 19 BRITISH AMERICAN BLVD LATHAM NY 12110 RENT 320464 MANATT PHELPS & PHILLIPS LLP 11355 W OLYMPIC BLVD LOS ANGELES CA 90064 LEGAL 268090 3 444 444 FIDUCIARY FEES 900099 6104762 6104762 6104762 76318 76318 571774 571774 0 ADMINISTRATIVE CHARGES 900099 2472707 2472707 PUBLICATION AND REGISTRATION FEES 900099 81947 81947 OTHER REVENUE 900099 77576 77576 2632230 8813754 6104762 0 2708548 13500 13500 512939 512939 4286414 3403296 883118 378176 343666 34510 687396 570858 116538 400564 288794 111770 67302 46342 20960 49250 33700 15550 180890 70214 110676 144785 99775 45010 491928 423075 68853 436835 380384 56451 81750 40056 41694 137182 14871 122311 3645 2296 1349 88179 57664 30515 COMMITTEES, BOARD OF GO 287778 4024 283754 POSTAGE 230516 218090 12426 TELEPHONE 102624 48820 53804 EQUIPMENT, RENT AND MAI 90824 62199 28625 43580 24189 19391 8716057 6145813 2570244 0 400 400 211294 1050075 67690 69061 2170667 1913796 327354 256871 3710993 3858524 5278400 4697400 9596131 9932331 614462 704484 9958 16790 236774 186679 4032265 4121637 4893459 5029590 X 4698390 4899204 4282 3537 4702672 4902741 9596131 9932331 97697 102372 0 X X 0 1 X 1 0 X 202083 121172 99034 1891 444 424624 7063203 7867359 8609357 8928267 6104762 38572948 2632230 2632230 7265286 7988531 8708391 8930158 8737436 41629802 0 0 0 41629802 40752 53328 69277 69144 76318 308819 40752 53328 69277 69144 76318 308819 7306038 8041859 8777668 8999302 8813754 41938621 0.99260 0.99340 0.00740 0.00660 X 0 1 0 0 0 0 1 137005 0 1 53326 190331 0 PART II-B, LINE 1: NYSARC ADVOCATES, ON BEHALF OF PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, THROUGH MEETINGS, CALLS AND CORRESPONDANCE WITH VARIOUS REGULATORY ENTITIES (OPWDD, OMH, SED), ELECTED OFFICIALS AND THEIR STAFF MEMBERS (NYS GOVERNOR'S OFFICE, NYS SENATE AND ASSEMBLY MEMBERS AS WELL AS LEGISLATIVE COMMITTEES). ADVOCACY IS FOCUSED ON A VARIETY OF TOPICS IMPACTING THE LIVES OF PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. 39169 39169 79368 79368 0 485720 479203 6517 1534173 1329704 204469 32237 25521 6716 256871 DEPOSITS 12054 DUE FROM NYSARC TRUST 29387 INTEREST AND OTHER RECEIVABLES 254336 PRIVATE PLACEMENT BOND DEPOSITS 821817 CHARITABLE GIFT ANNUITY RESERVE FUND 404439 CHARITABLE REMAINDER UNITRUST 388094 DEBT SERVICE RESERVE FUND 1370406 DUE FROM CHAPTERS 491467 MANAGED CARE PHASE II CHAPTER FUNDS 692593 WORKER'S COMPENSATION EXCESS LOSS FUND 232807 4697400 PRIVATE PLACEMENT BOND DEPOSITS 821817 CHARITABLE GIFT ANNUITY LIABILITY 124453 CHARITABLE REMAINDER UNITRUST 388094 DEBT SERVICE RESERVE DUE CHAPTERS 1370406 NOTE PAYABLE FOR MANAGED CARE ORGANIZATION 491467 MANAGED CARE PHASE II CHAPTER LIABILITY 692593 WORKER'S COMPENSATION EXCESS LOSS FUND LIABILITY 232807 4121637 8916126 102372 102372 8813754 0 8813754 8716057 0 8716057 0 8716057 1 SCHOLARSHIPS 9 13500 PART I, LINE 2: VARIOUS SCHOLARSHIPS ARE AWARDED TO STUDENTS ENROLLED FULL-TIME IN ANY YEAR OF THEIR COLLEGE, TRAINING IN A FIELD RELATED TO INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES IN NEW YORK STATE. X X X 0 0 0 0 0 0 0 0 0 MARC N BRANDT EXECUTIVE DIRECTOR 245210 0 0 0 0 0 52000 0 19619 0 316829 0 0 0 JOHN SHERMAN CHIEF FINANCIAL OFFICER 143608 0 0 0 0 0 38269 0 14233 0 196110 0 0 0 BEN GOLDEN ASSOCIATE ED, GOV'T AFFAIR 125896 0 0 0 0 0 33842 0 19284 0 179022 0 0 0 HEIDI FLATT CHIEF OPERATING OFFICER-TR 132760 0 0 0 0 0 12686 0 19459 0 164905 0 0 0 TANIA SEABURG SENIOR ASSOCIATE ED FOR AD 128022 0 0 0 0 0 7317 0 19415 0 154754 0 0 0 BRIAN CREGIN ASSISTANT CFO 122788 0 0 0 0 0 10828 0 19381 0 152997 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NYSARC, INC. IS A UNITARY CORPORATION CONSISTING OF ITS 54 CHAPTERS. THE CORPORATION AND CHAPTER'S GOVERNING BODY IS THE BOARD OF GOVERNORS REPRESENTING THE INDIVIDUAL MEMBERSHIP IN EACH CHAPTER'S JURISDICTION. EACH CHAPTER HAS FROM 1-6 GOVERNORS BASED ON MEMBERSHIP. THE CORPORATION THROUGH ITS BYLAWS DELEGATES DAY-TO-DAY OPERATING AUTHORITY TO THE CHAPTERS' BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS (SEE PART VI, LINE 7A BELOW) COMPRISES THE CORPORATION'S ELECTED OFFICERS AND EXERCISES ALL POWERS OF THE BOARD OF GOVERNORS BETWEEN PLENARY MEETINGS OF THE GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7A THE DELEGATE ASSEMBLY, WHICH REPRESENTS NYSARC'S 100,000 MEMBERS, ELECTS THE CORPORATION PRESIDENT, SECRETARY, TREASURER AND ASSISTANT TREASURER TO 1-YEAR TERMS. DELEGATES ELECT REGIONAL VICE PRESIDENTS TO 1-YEAR TERMS FROM THEIR RESPECTIVE REGIONS. THE BOARD OF GOVERNORS ELECTS ONE SENIOR VICE-PRESIDENT. FORM 990, PART VI, SECTION A, LINE 7B CHAPTER BYLAW AMENDMENTS ARE SUBJECT TO BOARD OF GOVERNOR APPROVAL. ANY ACTION OF THE BOARD OF GOVERNORS MAY BE REVIEWED AT THE SUCCEEDING DELEGATE ASSEMBLY. NO ACTION OF THE GOVERNORS THAT AFFECTS THE IRREVOCABLE RIGHTS OF THIRD PARTIES MAY BE RESCINDED. CORPORATE BYLAW AMENDMENTS ARE SUBJECT TO APPROVAL BY A MAJORITY OF CHAPTERS. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF GOVERNORS DOES NOT REVIEW CHAPTERS' FORM 990S BEFORE THEY ARE FILED. EACH CHAPTER SUBMITS A COPY OF ITS FORM 990 TO THE CORPORATION'S BOARD OF GOVERNORS WHEN THE FORM IS FILED BY THE CHAPTER. NYSARC'S 990 IS REVIEWED BY MEMBERS OF THE EXECUTIVE COMMITTEE AND COPIES ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL BUDGET IS REVIEWED AND RECOMMENDED BY BUDGET AND FINANCE COMMITTEE, THEN SUBMITTED TO BOARD OF GOVERNORS. ALL EXECUTIVE STAFF SALARIES ARE LISTED AND APPROVED BY FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 BY WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTION AND OVERSIGHT OF THE AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.