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LINE 1B - PAID STAFF OR MANAGEMENT: PLEASE SEE BELOW ACTIVITIES, AS STAFF AND MANAGEMENT ARE INCLUDED IN THOSE ACTIVITIES AND TOTALS LINE 1D - MAILING TO MEMBERS, LEGISLATORS, OR THE PUBLIC: ACTION ALERTS TO THE PUBLIC. LINE 1E - PUBLICATIONS, OR PUBLISHED OR BROADCAST STATEMENTS: LOBBYING MESSAGES REGARDING LEGISLATION THAT APPEAR IN CONSUMER REPORTS AND ITS OTHER PUBLICATIONS. LINE 1F - GRANTS TO OTHER ORGANIZATIONS FOR LOBBYING PURPOSES: GRANTS TO NON-PROFIT ORGANIZATIONS ON THE GROUND IN STATES WHERE WE ARE WORKING. LINE 1G - DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR LEGISLATIVE BODY: LETTERS, FACE-TO-FACE COMMUNICATIONS, EMAILS, TELEPHONE CALLS WITH STATE AND FEDERAL LEGISLATORS, INCLUDING PREPARATION AND TRAVEL TIME, LEGISLATIVE TESTIMONY. LINE 1H - RALLIES, DEMONSTRATIONS, SEMINARS, CONVENTIONS, SPEECHES, LECTURES, OR ANY SIMILAR MEANS: SPEECHES, RALLIES, CONFERENCES WHERE CU STAFF SUPPORTS OR OPPOSES STATE AND FEDERAL LEGISLATION PUBLICLY. 11935255 11935255 65177318 32147052 33030266 231590 130656 100934 13413869 10423859 2990010 46479652 35153223 11326429 59382894 22378 CHARITABLE GIFT ANNUITY 9578736 OTHER LIABILITY 189779 DEFERRED RENT 117715 PENSION LIABILITY 28334956 LIABILITY DERIVATIVE INSTRUMEN 6419894 LIFETIME SUBSCRIBER LIABILITY 1619000 CRUT LIABILITY 1253836 47536294 313710000 32841152 22072568 54913720 258796280 495212 233 495445 259291725 255088000 28470 28470 255059530 495212 667 495879 255555409 RECONCILIATION OF REVENUE SCHEDULE D, PART XI, LINE 2D CONSUMERS UNION ACTION FUND, INC. ................$ 34,481 UNREALIZED GAIN ON INTEREST RATE SWAP ............$ 2,516,120 PENSION RELATED CHANGES ..........................$ 19,465,502 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT ......$ 56,465 ----------- TOTAL ............................................$ 22,072,568 =========== PART XI, LINE 4B - OTHER ROUNDING ...............................................$ 233 === RECONCILIATION OF EXPENSES SCHEDULE D, PART XII, LINE 2B EXPENSES OR RELATED ENTITY - CONSUMERS UNION ACTION FUND, INC. ...................$ 28,445 EXPENSES OF RELATED ENTITY - TRUMAN AVENUE FOUNDATION, INC .......................$ 25 ------- TOTAL ...............................................$ 28,470 ======= PART XII, LINE 4B - OTHER ROUNDING ............................................$ 667 ======= true Europe (Including Iceland and Greenland) Grantmaking Publication and inform 45000 Europe (Including Iceland and Greenland) Program Services Publication Info 1546940 North America Program Services Publication Info 1473215 3065155 3065155 Europe (Including Iceland and Greenland) GENERAL SUPPORT 45000 WIRE ACCRUAL 1 0 Al Consumidor, A.C North America false false false false false false MONITORING GRANT FUNDS SCHEDULE F, PART 1, LINE 2 Grantees are required to submit program and financial reports at the conclusion of the project, including a list of grant-related expenditures, and a summary of deliverables and project results. The timing of the reports is determined according to a schedule contained in an executed sub-grant agreement between CU and the grantee. PART I, LINE 3, COLUMN (F) AND PART II, LINE 1 THE ACCRUAL METHOD OF ACCOUNTING WAS USED IN PART I, LINE 3, COLUMN (F) AND PART II, LINE 1. X X X X true Donor Services Group ATTN LISA DRANE 6715 SUNSET BOULEVARD LOS ANGELES CA 90028 TELE MARKETING false 184156 112969 71187 184156 112969 71187 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI true Asian & Pacific Islander American Health Reform 450 Sutter Street Suite 600 San Francisco CA 94108 943030866 501(C)(3) 10000 Support work on health system reform. CONSUMER ORGANIZATION DEVELOPMENT PROGRAM. TIDES CENTER PRESIDIO BLDG 1014 TOMEY AVE AT LINCOLN BLVD SAN FRANCISCO CA 94129 943213100 501(C)(3) 10000 State and local grants program for US consumer org AND LOCAL ROUNDTABLE MEETING AT ANNUAL CONSUMER ASSEMBLY CONFERENCE. Consumer Federation of America 1424 16th Strret NW Suite 604 SUITE 650 Washington DC 20036 161774332 501(C)(3) 35000 State and local grants program for US consumer org REGARDING IDENTITY THEFT AND FINANCIAL PRIVACY ISSUES. CALIFORNIA PAN-ETHNIC HEALTH NETWORK 654 THIRTEENTH STREET OAKLAND CA 94612 520880625 501(C)(3) 223000 SUPPORT HEALTH COALITION. HEALTH ACCESS FOUNDATION 414 13TH STREET SUITE 450 OAKLAND CA 94612 131945149 501(C)(3) 190469 SUPPORT FOR HEALTHCARE COALITION. 5 CRITERIA FOR SELECTING PROJECTS FOR FUNDING SCHEDULE I, PART I, LINE 1 The criteria for selecting projects for funding through the Colston E. Warne small grants program including the following: - The projects should be consistent with CU's mission to provide information and advice to consumers on goods, services, health and personal finance; and to initiate and cooperate with individual and group efforts to maintain and enhance the quality of life for consumers. - The projects should be high impact projects that provide a significant return for the amount of money invested. They should be result-oriented, and have tangible goals and objectives. - The organization sponsoring the project should have a clear plan for developing alternate sources of funding, so that the project can become self-supporting and continue when the grant period ends. - If possible, the projects should be replicable, and provide a model for organizing and advocacy on other consumer and public interest issues, or in other locations. - We are especially interested in projects that provide direct benefits to low-income and minority consumers. - Where possible, projects should obtain matching funds and /or leverage in-kind resources from other sources. - The projects should make sense in the context of the needs and opportunities of the overall consumer movement. They should contribute to capacity-building of organizations, and help sustain the consumer movement. - CU's purposes must be measured in terms of the benefits indirectly realized by thousands of consumers who are better informed or better served as a consequence of the work which the money supports. " (Consumer Reports, March, 1958, P. 163) " - Because our funds are limited, our operating strategy is to identify prospective grantees and invite them to apply. Almost all grants are awarded to pre-selected organizations. MONITORING GRANT FUNDS SCHEDULE I, PART II Grantees are required to submit program and financial reports at the conclusion of the project, including a list of grant-related expenditures, and a summary of deliverables and project results. The timing of the reports is determined according to a schedule contained in an executed sub-grant agreement between CU and the grantee. X X X X X true true false false false false false true false JAMES A GUEST 552960 0 0 0 28093 0 42000 0 35984 0 659037 0 0 0 LAURENCE BUNIN 407325 0 50863 0 1800 0 22454 0 10692 0 493134 0 0 0 RICHARD GANNON 380908 0 7500 0 9898 0 38527 0 34364 0 471197 0 0 0 KEVIN MCKEAN 235645 0 0 0 133482 0 28242 0 33575 0 430944 0 0 0 RAHUL BELANI 342191 0 8500 0 12941 0 34267 0 30984 0 428883 0 0 0 LIAM MCCORMACK 323465 0 7500 0 3065 0 29294 0 30984 0 394308 0 0 0 EILEEN HERSHENOV 305857 0 5000 0 8668 0 32131 0 40983 0 392639 0 0 0 PAIGE AMIDON LITMAN 260973 0 5000 0 47468 0 26401 0 30984 0 370826 0 0 0 DAVID CHAMPION 158363 0 0 0 152934 0 16036 0 30358 0 357691 0 0 0 SHERRY BROWN 97577 0 0 0 215376 0 10169 0 33026 0 356148 0 0 0 MICHAEL D'ALESSANDRO 268809 0 4000 0 7882 0 27506 0 30149 0 338346 0 0 0 LINDA TEPEDINO 272310 0 4000 0 2545 0 26712 0 31578 0 337145 0 0 0 CHRISTOPHER MEYER 260629 0 5000 0 2883 0 26511 0 32544 0 327567 0 0 0 JOHN SATEJA 0 0 0 0 215738 0 17000 0 0 0 232738 0 1416 0 SEVERANCE PAYMENTS AND UNQUALIFIED PLAN BENEFITS SEVERANCE PAYMENTS: KEVIN MCKEAN - $102,500 DAVID CHAMPION - $136,977 SHERRY BROWN - $140,895 JOHN SATEJA - $214,322 PARTICIPATION IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN - DEFERRED COMPENSATION JAMES GUEST - $17,000 RICHARD GANON - $13,527 KEVIN MCKEAN - $7,617 EILEEN HERSHENOV - $7,131 PAIGE AMIDON LITMAN - $1,401 LIAM MCCORMACK - $4,294 MICHAEL D'ALESSANDRO - $2,506 LINDA TEPEDINO - $1,712 CHRISTOPHER MEYER - $1,511 RAHUL BELANI - $9,267 JOHN SATEJA - $17,000 PART I, LINE 7 Sched. J Column B (ii) Bonus & Incentive Compensation Contractual Discretionary Bonus (Merit) LAURENCE BUNIN $50,863 $50,863 $0 RICHARD GANNON $7,500 $7,500 EILEEN HERSHENOV $5,000 $5,000 PAIGE AMIDON LITMAN $5,000 $5,000 LIAM MCCORMACK $7,500 $7,500 MICHAEL D'ALSSANDRO $4,000 $4,000 LINDA TEPEDINO $4,000 $4,000 CHRISTOPHER MEYER $5,000 $5,000 RAHUL BELANI $8,500 $8,500 A CITY OF YONKERS INDUSTRIAL DEVELOPMENT AGENCY 131776434 986083BN2 2005-12-22 47300000 MULTI-MODAL CIVIC FACILITY REVENUE false false false A 0 0 47449398 0 0 0 2254188 0 0 10000000 0 0 2006 true false true true A false false false false 0 false false false A false true true MORGAN STANLEY 30.5 false false false 0 false false A false X 5 54267 FAIR MARKET VALUE false true false STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4 CONSUMERS INFORMATION: CONSUMERS UNION OF US INC. PUBLISHES AND DISSEMINATES INFORMATION AND ADVICE TO CONSUMERS REGARDING TOPICS SUCH AS CONSUMER GOODS, SERVICES, HEALTH AND PERSONAL FINANCE. THE NUMBER OF PAID SUBSCRIBERS FOR EACH AS OF 5/31/13 INCLUDE CONSUMER REPORTS MAGAZINE 3,819,734; CONSUMER REPORTS ON HEALTH 644,319; CR ONLINE 3,238,623; CONSUMER REPORTS MONEY ADVISER 157,414; AUTO PREMIUM 127,222; AND SHOP SMART 307,860. CONSUMERS UNION OF US INC. DOES NOT ACCEPT OUTSIDE ADVERTISING IN ANY OF ITS PUBLICATIONS. IN ADDITION, CONSUMERS UNION OF US INC. DISSEMINATES CONSUMER INFORMATION THROUGH OTHER PRINT, RADIO, TELEVISION, ELECTRONIC PUBLISHING AND INTERACTIVE MEDIA. Product Information: Consumers Union of US Inc. conducts independent and impartial tests and analyses on a wide range of consumer products and services, such as electronics, appliances, household products, insurance, recreational goods, and cars. The tests and surveys evaluate how the products and services perform and advise consumers on the extent to which they are convenient, safe, and economical. During the fiscal year ended 5/31/13, Consumers Union of US Inc. conducted tests and evaluations on more than 3500 models of various consumer products, making use of about 50 laboratories and its auto track. The information gathered as result of these tests is disseminated to the general public as described above. EDUCATION PROGRAMS: CONSUMERS UNION IS TRANSITIONING TOWARD A MORE FOCUSED EFFORT TO EDUCATE CONSUMERS IN THE CRITICAL AREAS OF HEALTH AND SAFETY. NEW INITIATIVES INCLUDE PROGRAMS INTENDED TO PROVIDE BETTER COMPARATIVE, EVIDENCE-BASED MEDICAL INFORMATION AS WELL AS PROGRAMS DESIGNED TO ALERT CONSUMERS TO THE RISKS ASSOCIATED WITH DANGEROUS PRODUCTS. IN ADDITION, CONSUMERS UNION PROVIDES SUBSTANTIAL FREE CONSUMER EDUCATION INFORMATION AS A PUBLIC SERVICE THROUGH OUR EDUCATIONAL WEB SITES AND THROUGH AN EXPANDING USE OF SOCIAL NETWORKING SITES AND BLOGS. CONSUMERS UNION EDUCATIONAL WEBSITES INCLUDE: THE CONSUMERS UNION ADVOCACY WEB SITE (CONSUMERSUNION.ORG), CONSUMER REPORTS BEST BUY DRUGS (CRBESTBUYDRUGS.ORG), CONSUMER HEALTH CHOICES (CONSUMERHEALTHCHOICES.ORG) SPANISH LANGUAGE CONSUMER EDUCATION MATERIALS, AT (CONSUMERSUNION.ORG/ESPANOL), (HTTP://ESPANOL.CONSUMERREPORTS.ORG /CUESPANOL) CONSUMER REPORTS GREENER CHOICES (GREENERCHOICES.ORG), AND ECO-LABELS, AN ONLINE GUIDE TO ENVIRONMENTAL LABELS (ECO-LABELS.ORG). SPECIFIC ACCOMPLISHMENTS INCLUDE: HEALTH INFORMATION: . CONSUMERS UNION'S HEALTH RATINGS CENTER (HTTP://WWW.CONSUMERREPORTS.ORG/HEALTH/HOME.HTM) CONTINUES TO EXPAND ITS RATINGS OF HOSPITALS, DOCTORS, HEALTH INSURANCE, DRUGS AND TREATMENTS TO PROVIDE THE BEST COMPARATIVE DATA ON HEALTH CARE. THE CENTER PARTNERED WITH THE SOCIETY FOR THORACIC SURGEONS TO RELEASE CLINICAL QUALITY MEASURES AND IS EXPLORING FURTHER OPPORTUNITIES TO PARTNER WITH REGIONAL HEALTH IMPROVEMENT COLLABORATIVE TO DEVELOP AND DISSEMINATE DATA WITH THE INTENT OF PROVIDING CONSUMERS IMPORTANT INFORMATION AND USING THE MEASURES TO IMPROVE THE QUALITY OF CARE. THE RATINGS CENTER HAS RECENTLY PARTNERED WITH THE ABIM FOUNDATION IN A CAMPAIGN CALLED CHOOSING WISELY TO EDUCATE PHYSICIANS AND CONSUMERS ABOUT TESTS AND TREATMENTS THAT ARE COMMONLY OVERUSED. IT HAS ALSO PARTNERED WITH THE AMERICAN COLLEGE OF PHYSICIANS IN A CAMPAIGN CALLED HIGH VALUE CARE THAT COMMUNICATES ABOUT HIGH-VALUE, COST-CONSCIOUS HEALTH CHOICES. BOTH CHOOSING WISELY AND HIGH VALUE CARE RESOURCES ARE DISSEMINATED THROUGH CR'S HEALTH IMPACT PARTNER NETWORK. . BEST BUY DRUGS (BBD) CONSUMER REPORTS RECENTLY PUBLISHED SEVERAL UPDATED BEST BUY DRUGS REPORTS, INCLUDING ONE ON DRUGS TO TREAT DIABETES; ANOTHER ON ANTIPLATELETS TO HELP AVOID HEART ATTACK, AND STROKES, AND ONE ON USING ANTICONVULSANT MEDICATION TO TREAT FIBROMYALGIA, IN ADDITION TO ARTICLES ON DRUG SAFETY AND "OFF-LABEL" USE. BBD IS DEVELOPING NEW PARTNERSHIPS IN AN EFFORT TO REACH WIDER RANGE OF CONSUMER AUDIENCES - FOR EXAMPLE, VIA PARTNERSHIPS WITH COMMUNITY PHARMACISTS, AND ANOTHER WITH LARGE-SCALE RETAIL STORES. ALL BBD REPORTS ARE TRANSLATED INTO SPANISH. . CONSUMERS UNION AFFORDABLE HEALTH CARE ACT GUIDE CONSUMERS UNION'S HEALTH REFORM TEAM HAS PLAYED A UNIQUE ROLE IN EDUCATING CONSUMERS REGARDING WHAT THEY NEED TO KNOW ABOUT THE NEW HEALTH LAW, THE AFFORDABLE CARE ACT. SINCE THE LAW'S PASSAGE WE HAVE PRODUCED FOUR SEPARATE GUIDES TO THE CHANGES MADE BY THE LAW, EXPLAINING THEM IN A CONSUMER-FRIENDLY, EASY-TO-UNDERSTAND MANNER. TO DATE WE'VE DISTRIBUTED OVER 1.25 MILLION HARD COPIES OF THE VARIOUS PUBLICATIONS AND SHARED THE INFORMATION ONLINE. HTTP://YOURHEALTHSECURITY.ORG/THE_NEW_LAW. THE GUIDES ARE ALSO AVAILABLE IN SPANISH. SAFETY: THE CONSUMER REPORTS NATIONAL SCHOOL SAFETY COALITION IS A PARTNERSHIP AMONG EDUCATORS, NONPROFITS, GOVERNMENT AGENCIES, AND CAREGIVERS WHO HAVE COME TOGETHER TO SHARE INFORMATION AND FOSTER COLLABORATION TO IMPROVE CHILDREN'S HEALTH AND SAFETY. THE NATIONAL SCHOOL SAFETY COALITION'S MISSION IS TO SHARE ACCESSIBLE AND EASY-TO-UNDERSTAND INFORMATION ABOUT EXISTING AND EMERGING HAZARDS INVOLVING SCHOOL-AGE CHILDREN AND THROUGH INFORMATION-SHARING AND OTHER ACTIVITIES, TO HELP MINIMIZE THESE RISKS. IT SEEKS TO FOSTER COLLABORATION AMONG MEMBERS AND TO ADVANCE IMPROVEMENTS IN CHILDREN'S HEALTH AND SAFETY ON SHARED GOALS. CONSOLIDATED FINANCIAL STATEMENTS PART IV, LINE 12 CONSUMERS UNION OF UNITED STATES, INC. IS AUDITED IN COMBINATION WITH ITS RELATED ORGANIZATIONS: CONSUMERS UNION ACTION FUND, INC. [EIN: 20-4780406] AND TRUMAN AVENUE FOUNDATION, INC. [EIN: 20-5665599], ALTHOUGH SEPARATE AUDITED FINANCIAL STATEMENTS ARE NOT ISSUED FOR CONSUMERS UNION OF UNITED STATES, INC., A CONSOLIDATED AUDITED FINANCIAL STATEMENT WAS ISSUED FOR THE FISCAL YEAR ENDED MAY 31, 2013, WHICH WAS PREPARED IN ACCORDANCE WITH GAAP. FORM 990 REVIEW PROCESS PART VI, LINE 11 The 990 is prepared utilizing the assistance of our independent financial auditor, KPMG. The related services from KPMG are approved by the audit committee as part of the audit approval process. After the 990 is prepared by CU finance department with coordination with KPMG, it is reviewed by controller and CFO before it is reviewed and approved by the audit committee. A copy of the 990 is then provided to the board of directors prior to its filing. CONFLICT OF INTEREST COMPLIANCE PROCESS FORM 990, PART VI, LINE 12C CONSUMERS UNION'S BOARD OF DIRECTORS AND STAFF MEMBERS ARE REQUIRED TO FILL OUT AND SIGN A DISCLOSURE OF INTEREST STATEMENT AND ATTESTATION OF COMPLIANCE EACH YEAR. BOARD MEMBERS' FORMS ARE REVIEWED BY A COMMITTEE OF THE BOARD; STAFF MEMBERS' FORMS ARE REVIEWED BY AN OUTSIDE INDEPENDENT REVIEWER, AND, IF CONFLICTS CANNOT BE RESOLVED, BY A STAFF CONFLICT OF INTEREST COMMITTEE. PROCESS FOR DETERMINING EXECUTIVE COMPENSATION FORM 990, PART VI, LINE 15 CU'S EXECUTIVE COMPENSATION PROGRAM IS DESIGNED TO ATTRACT, ENGAGE, AND RETAIN HIGHLY TALENTED AND DEDICATED INDIVIDUALS WHO POSSESS THE PREREQUISITE SKILLS AND DEMONSTRATED PERFORMANCE NECESSARY TO FULFILL ITS MISSION. THE PROGRAM IS STRUCTURED TO PROVIDE TOTAL COMPENSATION DIRECT AND INDIRECT THAT SUPPORTS THE ACHIEVEMENT OF CU'S STRATEGIC AND OPERATING GOALS AND IS REASONABLY COMPETITIVE TO WHAT IS OFFERED BY COMPARABLE ORGANIZATIONS. CU ESTABLISHED AND MAINTAINS AN EXECUTIVE COMPENSATION PROGRAM THAT QUALIFIES FOR A REBUTTABLE PRESUMPTION OF REASONABLENESS AND PERIODICALLY REVIEWS ITS EXECUTIVE COMPENSATION TO ENSURE ONGOING ALIGNMENT WITH ITS STRATEGIC DIRECTION AND FINANCIAL LIMITS. TO ENSURE ITS EXECUTIVE COMPENSATION IS CONSISTENT WITH THIS COMPENSATION PHILOSOPHY, CU: - CLEARLY IDENTIFIES A SURVEY PEER GROUP AND PROTOCOL FOR BENCHMARKING AND DETERMINING THE REASONABLENESS OF TOTAL COMPENSATION IN RELATION TO MARKET NORMS FOR SIMILAR EXECUTIVE POSITIONS; - ENGAGES AN INDEPENDENT AND QUALIFIED COMPENSATION CONSULTANT TO PERIODICALLY COMPILE AND ANALYZE COMPETITIVE MARKET COMPENSATION FOR SIMILAR EXECUTIVES IN ORGANIZATIONS COMPARABLE TO CU; - PROVIDES REASONABLY COMPETITIVE TOTAL COMPENSATION CONSISTENT WITH MARKET NORMS AND PERFORMANCE RESULTS IN ANY GIVEN YEAR; AND - PERIODICALLY EVALUATES AND REALIGNS PERFORMANCE MEASURES TO CONFORM TO CHANGING STRATEGIC GOALS AND OTHER BUSINESS NEEDS. ENSURES THAT THE EXECUTIVE COMPENSATION PROGRAM IS CONSISTENT WITH CU'S MISSION AND TAX-EXEMPT STATUS AND THAT COMPENSATION IS BOTH COMPETITIVE AND REASONABLE IS A SHARED RESPONSIBILITY OF THE BOARD OF DIRECTORS ("THE BOARD"), ITS COMPENSATION AND HUMAN RESOURCES COMMITTEE ("THE COMMITTEE"), AND CU'S PRESIDENT. THE COMMITTEE IS MADE UP OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS WHO DO NOT HAVE ANY CONFLICT OF INTEREST WITH REGARD TO EXECUTIVE COMPENSATION. THE BASIS FOR THE DECISIONS MADE BY THE COMMITTEE ARE DOCUMENTED IN THE MINUTES OF EACH COMMITTEE MEETING. PUBLIC AVAILABILITY OF FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS FORM 990, PART VI, LINE 19 CONSUMERS UNION'S ANNUAL FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON ITS WEBSITE, WWW.CONSUMERREPORTS.ORG. OUR GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY FORM 990, PART VI, SECTION B, LINE 14 THE BOARD APPROVED A RECORD MANAGEMENT POLICY IN OCTOBER 2011. THE EXISTING WRITTEN RECORDS RETENTION AND DESTRUCTION POLICY WAS UPDATED AND APPROVED. MEMBERS, STOCKHOLDERS FORM 990, PART VI, LINE 7A CONUSMERS UNION IS A NEW YORK STATE NOT-FOR-PROFIT MEMBERSHIP CORPORATION. THE MEMBERS ARE ANY INDIVIDUAL WITH A PAID ANNUAL SUBSCRIPTION TO CONSUMER REPORTS OR CONSUMERREPORTS.ORG., WHO DOES ONE OF THE FOLLOWING: (1) GIVES NOTICE OF ACCEPTANCE OF MEMBERSHIP; (2) SENDS IN A NOMINATION FOR THE BOARD OF DIRECTORS; OR (3) RETURNS TO CU, THE BALLOT TRANSMITTED IN INCOMMECTINO WITH THE ANNUAL ELECTION OF DIRECTORS. POWERS OF MEMBERS: 1. MEMBERS CAN ELECT THE BOARD OF DIRECTORS; 2. THE ANNUAL REPORT OF CONSUMER REPORTS MUST BE PRESENTED TO MEMBERS; 3. THE MEMBERS MUST MEET AT LEAST ANNUALLY; 4. BY-LAWS OF THE ORGANIZATION MAY BE ADOPTED, AMENDED, OR REPEALED BY MEMBERS; 5. MEMBERS MAY DEMAND TO CALL A SPECIAL MEETING IF AT LEAST 10% OF THE MEMBERS CALL FOR A MEETING WITHIN TWO TO THREE MONTHS IN THE FUTURE. OTHER CHANGES IN NET ASSETS OR FUND BALANCE PART XI, LINE 9 UNREALIZED GAIN INTEREST RATE SWAP 2,516,120 PENSION RELATED CHANGES 19,465,502 CHANGE IN VALUE SPLIT INTEREST AGREEMENT 56,465 ROUNDING 328 ----------- OTHER CHANGES IN NET ASSETS OR FUND BALANCES 22,038,415 =========== CONSUMER MEDIA LLC 101 Truman Ave Yonkers NY 10703 263886493 EDUCATION DE 237 39017 CU CONSUMERS UNION ACTION FUND 101 TRUMAN AVENUE YONKERS NY 10703 204780406 LOBBYING DE 501(C)(4) N/A CU true THE TRUMAN AVENUE FOUNDATION INC 101 TRUMAN AVENUE YONKERS NY 10703 205665599 R/E HOLDING DE 501(C)(3) 11 - I CU true CHARITABLE REMAINDER TRUST (5) Annuity NY NA Trust true false false false false false false false false false false false false false true true false false false false