2013-11-14T12:46:07-06:00 2012-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2012-01-01 530183246 ASSOCIATION OF PUBLIC AND LAND-GRANT UNIVERSITIES ASSO 2024786040 1307 NEW YORK AVENUE NW NO 400 WASHINGTON DC 200054722 EMILY VAN LOON 2024786040 2013-11-14 1 FREDERICK LONGWOOD P00439715 2022932200 2012 2016-02-25 16:41:14Z APLU PETER MCPHERSON 1307 NEW YORK AVENUE NW NO 400 WASHINGTON DC 200054722 15778486 0 X WWW.APLU.ORG X 1887 DC A.P.L.U.'S OVERRIDING MISSION IS TO SUPPORT HIGH-QUALITY PUBLIC HIGHER EDUCATION. 26 26 55 5 0 0 2188732 3047561 12241968 12540294 79095 186157 6804 4206 14516599 15778218 2737000 2901411 0 0 6442878 6817594 0 0 0 5433575 5772849 14613453 15491854 -96854 286364 14693777 14492050 4973121 4206131 9720656 10285919 X A.P.L.U. IS DEDICATED TO ADVANCING RESEARCH, LEARNING AND ENGAGEMENT. THE ASSOCIATION'S OVERRIDING MISSION IS TO SUPPORT HIGH-QUALITY PUBLIC HIGHER EDUCATION AND ITS MEMBER INSTITUTIONS AS THEY PERFORM THEIR TEACHING, RESEARCH, AND PUBLIC SERVICE ROLES. A.P.L.U. PROVIDES A FORUM FOR THE DISCUSSION AND DEVELOPMENT OF POLICIES AFFECTING HIGHER EDUCATION AND THE PUBLIC INTEREST. 0 0 5453609 2541693 5433911 THE COMMISSION ON FOOD, ENVIRONMENT, AND RENEWABLE RESOURCES (CFERR) FOCUSES ON CROSS-CUTTING ISSUES RELATED TO AGRICULTURE, FORESTRY, HUMAN SCIENCES, NATURAL RESOURCES, ECOLOGICAL SCIENCES, OCEANS AND ATMOSPHERE, AND VETERINARY MEDICINE IN THE FUNCTIONAL AREAS OF RESEARCH, EXTENSION, AND ACADEMIC PROGRAMS. THE COMMISSION SEEKS TO FORMULATE AND IMPLEMENT AN INTEGRATED FEDERAL RELATIONS PROGRAM AND FORMULATE CONGRESSIONAL BUDGET RECOMMENDATIONS IN HIGH-PRIORITY AREAS OF NATIONAL CONCERN. 1539077 1126093 THE APLU INTERNATIONAL PROGRAMS (IP) SERVES TO ENSURE THAT INTERNATIONAL ACTIVITIES ARE EFFECTIVELY INTEGRATED INTO THE EDUCATION, RESEARCH AND ENGAGEMENT OF OUR MEMBER INSTITUTIONS. WE WORK WITH OUR INSTITUTIONS TO DEVELOP OPPORTUNITIES FOR EFFECTIVE AND INCREASED ENGAGEMENT INTERNATIONALLY. WE FACILITATE OPPORTUNITIES FOR US PUBLIC AND LAND-GRANT UNIVERSITIES, AMONG THE WORLD'S BEST, TO EXPAND THE VISION OF OUR STUDENTS TO MAKE THEM MORE GLOBALLY COMPETENT, TO CONDUCT INTERNATIONAL RESEARCH TO SOLVE GLOBAL PROBLEMS AND TO BUILD THE CAPACITY OF PEOPLE AND INSTITUTIONS IN LOW INCOME COUNTRIES TO REDUCE POVERTY AND HUNGER. OUR AFRICA US HIGHER EDUCATION INITIATIVE HAS A SPECIAL FOCUS ON TO DEVELOP HUMAN AND INSTITUTIONAL CAPACITY THROUGH PARTNERSHIPS BETWEEN US AND AFRICAN INSTITUTIONS OF HIGHER EDUCATION. QUALITY HIGHER EDUCATION IS FUNDAMENTAL TO ECONOMIC AND SOCIAL DEVELOPMENT AND IN MANY PLACES CRITICAL FOR NATIONAL STABILITY. 1331792 744539 THE OFFICE OF RESEARCH & SCIENCE POLICY'S MAJOR INITIATIVE IS THE SCIENCE AND MATHEMATICS TEACHER IMPERATIVE (SMTI), A LONG-TERM EFFORT TO ADDRESS THE SHORTAGE OF WELL QUALIFIED SCIENCE AND MATH TEACHERS. WHILE MANY INSTITUTIONS CAN AND SHOULD HELP ADDRESS THIS CRITICAL NATIONAL NEED, IT IS PARTICULARLY IMPORTANT FOR APLU-MEMBER INSTITUTIONS, WITH THEIR HEAVY ENGAGEMENT IN RESEARCH AND EDUCATION IN STEM DISCIPLINES, TO ACCEPT LEADERSHIP TO PRODUCE MORE AND BETTER MATH AND SCIENCE TEACHERS. 5435515 359718 2763703 CONGRESSIONAL & GOVERNMENTAL AFFAIRS, PUBLIC AFFAIRS, AND ACCESS AND ADVANCEMENT OF MINORITY & BLACK UNIVERSITIES, VOLUNTARY SYSTEM OF ACCOUNTABILITY (VSA) 5435515 359718 2763703 13759993 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 68 0 1 55 1 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X THE ASSOCIATION 2024786040 1307 NEW YORK AVENUE NW STE 400 WASHINGTON DC 20005 DR GENE D BLOCK 1.00 0.00 X X 0 0 0 DR MARY E SIAS 1.00 0.00 X X 0 0 0 DR SALLY MASON 1.00 0.00 X X 0 0 0 DR CAROL Z GARRISON 1.00 0.00 X 0 0 0 DR CAROLYN MAHONEY 1.00 0.00 X 0 0 0 DR CHARLES R BANTZ 1.00 0.00 X 0 0 0 DR CRAIG D WEIDEMANN 1.00 0.00 X 0 0 0 DR DEBRA G ROBINSON 1.00 0.00 X 0 0 0 DR DIANA NATALICIO 1.00 0.00 X 0 0 0 DR J BERNARD MACHEN 1.00 0.00 X 0 0 0 DR JUDY L GENSHAFT 1.00 0.00 X 0 0 0 DR MRC GREENWOOD 1.00 0.00 X 0 0 0 DR MICHAEL A MCROBBIE 1.00 0.00 X 0 0 0 DR NANCY A MARLIN 1.00 0.00 X 0 0 0 DR PHILIP DISTEFANO 1.00 0.00 X 0 0 0 DR RANDA S SAFADY 1.00 0.00 X 0 0 0 NATALIE KRAWITZ 1.00 0.00 X 0 0 0 DR STAN L ALBRECHT 1.00 0.00 X 0 0 0 NANCY BALLARD 1.00 0.00 X 0 0 0 DR JIMMY G CHEEK 1.00 0.00 X 0 0 0 DR JAMES MILLIKEN 1.00 0.00 X 0 0 0 DR J KEITH MOTLEY 1.00 0.00 X 0 0 0 DR GILBERT L ROCHON 1.00 0.00 X 0 0 0 DR LESLIE P TOLBERT 1.00 0.00 X 0 0 0 DR WILLIAM WOODSON 1.00 0.00 X 0 0 0 MELVIN PETER MCPHERSON 40.00 0.00 X 599490 0 53214 JEAN MIDDLETON 40.00 0.00 X 117074 0 17537 EMILY VAN LOON 40.00 0.00 X 132407 0 25415 MICHAEL TANNER 40.00 0.00 X 334881 0 25000 IAN MAW 40.00 0.00 X 280159 0 25000 HOWARD GOBSTEIN 40.00 0.00 X 193795 0 27767 MALCOLM BUTLER 40.00 0.00 X 187582 0 17340 JENNIFER POULAKIDAS 40.00 0.00 X 177468 0 22608 JAMES TURNER 40.00 0.00 X 182805 0 17686 MONAQUE DEMMENT 40.00 0.00 X 164451 0 15810 JANE SCHUCHARDT 40.00 0.00 X 162017 0 20400 CHRISTINE KELLER 40.00 0.00 X 144436 0 20059 MARK VARNER 40.00 0.00 X 136102 0 14000 2812667 0 301836 19 0 1 0 CORNERSTONE GOVERNMENT AFFAIRS LLC 300 INDEPENDENCE AVE SE WASHINGTON DC 20003 CONSULTING 784997 NATIONAL STRATEGIES LLC 1400 EYE STREET NW WASHINGTON DC 20005 CONSULTING 219165 JENNIFER DANEK 1905 35TH ST N SEATTLE WA 98103 CONSULTING 116666 THE THIRD MILE GROUP LLC 1276 SOUTH FILLMORE STREET DENVER CO 80210 CONSULTING 105469 4 1309209 1738352 3047561 MEMBERSHIP DUES 900099 11241652 11241652 MEETINGS & SEMINARS 900099 1298642 1298642 12540294 75324 75324 110841 260 0 268 110841 -8 110833 110833 MISCELLANEOUS 900099 4206 4206 4206 15778218 12540294 0 190363 X 2901411 2901411 2259425 1856575 402850 3554132 2918026 636106 297556 249227 48329 375087 300477 74610 331394 276134 55260 29136 11159 17977 53445 53445 2072694 2011364 61330 388402 127328 261074 221426 69337 152089 92868 92868 622106 617282 4824 1412885 1404540 8345 72382 72382 148775 148775 53464 3692 49772 BAD DEBT 220563 120915 99648 DUES & SUBSCRIPTIONS 137702 120626 17076 SUBCONTRACTS 133590 133590 BANK & CREDIT CARD CHAR 66198 44174 22024 47213 594136 -546923 15491854 13759993 1731861 0 57894 232314 86996 0 437661 311716 458360 356209 167904 108289 5504586 2039290 3544868 3465296 9833243 9865210 106851 153016 14693777 14492050 739239 632248 1074531 165673 738143 2793567 0 2714122 200111 121618 4973121 4206131 X 8150757 8675377 69899 110542 1500000 1500000 9720656 10285919 14693777 14492050 X 286364 269614 9285 X X 0 1 X 1 1 1 X 11862739 11939703 12530232 13278708 14289213 63900595 11862739 11939703 12530232 13278708 14289213 63900595 63900595 191079 -4219 57473 79095 75324 398752 43719 4743 84362 6216 4206 143246 64442593 5749619 0.99160 0.97970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11274 364533 375807 15116047 15491854 924593 231148 0 0 797187 813655 917822 924593 3453257 5179886 374895 365954 371496 375807 1488152 199297 203414 229456 231148 863315 1294973 7666 11011 11231 11274 41182 1569899 110786 70143 1610542 1563313 50829 44243 1569899 1531430 29208 2675 1563313 1519581 11849 1531430 1520429 1488 2336 1519581 0.00000 0.93140 0.06860 0 0 1331256 1331256 3115486 1120094 1995392 190227 185270 4957 867617 733926 133691 3465296 INVESTMENTS- SECURITIES 9865210 F 9865210 OTHER LIABILITIES 121618 121618 X 16057117 269614 9285 278899 15778218 0 15778218 15491854 0 15491854 0 15491854 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF FUNDS GRANTED BY THE W.K. KELLOGG ASSOCIATION FOR RECOGNIZING AND REWARDING PUBLIC UNIVERSITY FACULTY AND EXTERNAL PARTNERS FOR OUTSTANDING PARTNERSHIPS THAT EMBRACE PUBLIC UNIVERSITY ENGAGEMENT WITH THEIR CONSTITUENTS. THE ENDOWMENT IS DONOR-RESTRICTED TO BE HELD IN PERPETUITY TO GENERATE RETURNS TO PROVIDE FOR TWO ANNUAL SETS OF AWARDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND THEREFORE, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AT A MINIMUM, THE DECEMBER 31, 2009 THROUGH 2012 TAX YEARS ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP 9,285. 0 UNIVERSITY OF NEBRASKA ATTN DAN C COTTON 104 ACB PO BOX 830918 LINCOLN NE 68516 470049123 2400000 EXTENSION PROJECT SOUTH DAKOTA STATE UNIVERSITY ADMINISTRATION 200 BROOKINGS SD 57007 466000364 501(C)(3) 120000 EXTENSION PROJECT REGENTS OF THE UNIVERSITY OF MINNESOTA PO BOX 1450 MINNEAPOLIS MN 55485 50000 PROGRAM SUPPORT THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS PO BOX 20787 SPRINGFIELD IL 62708 50000 PROGRAM SUPPORT ALABAMA A&M UNIVERSITY PO BOX 639 NORMAL AL 35762 50000 PROGRAM SUPPORT CALIFORNIA STATE UNIVERSITY FRESNO FOUNDATION 5200 N CAMPUS DRIVE FRESNO CA 93740 50000 PROGRAM SUPPORT UNIVERSITY OF MARYLAND 1101 MAIN ADMINISTRATION BUILDING COLLEGE PARK MD 20742 43554 ENERGY CURRICULUM PROGRAM SUPPORT HIGHER EDUCATION RESEARCH INSTITUTE (UCLA) 3005 MOORE HALL LOS ANGELES CA 90095 30000 PROGRAM SUPPORT TEXAS AGRILIFE EXTENSION SERVICE 600 JOHN KIMBROUGH BOULEVARD SUITE 509 COLLEGE STATION TX 77843 746000537 501(C)(5) 21000 EXTENSION PROJECT AMERICAN ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES 1307 NEW YORK AVENUE WASHINGTON DC 20005 520747578 501(C)(3) 20000 PROGRAM SUPPORT ENVIRONMENTAL AMD ENERGY STUDY INSTITUTE 1112 16TH STREET NW 300 WASHINGTON DC 20036 501(C)(3) 19750 ENERGY CURRICULUM PROGRAM SUPPORT AMERICAN ASSOCIATION OF COMMUNITY COLLEGES ONE DUPONT CIRCLE NW 140 WASHINGTON DC 20036 530196569 501(C)(3) 14400 ACADEMIC CURRICULUM PROJECT KANSAS STATE UNIVERSITY 113 WATERS HALL MANHATTAN KS 66506 7000 PROGRAM SUPPORT 15 1 X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 MELVIN PETER MCPHERSON 426250 0 90000 0 83240 0 42000 0 12870 0 654360 0 0 0 EMILY VAN LOON 129272 0 2000 0 1135 0 13500 0 14711 0 160618 0 0 0 MICHAEL TANNER 323944 0 7000 0 3937 0 25000 0 2196 0 362077 0 0 0 IAN MAW 260736 0 13037 0 6386 0 25000 0 1656 0 306815 0 0 0 HOWARD GOBSTEIN 184749 0 7000 0 2046 0 19073 0 13111 0 225979 0 0 0 MALCOLM BUTLER 173400 0 10000 0 4182 0 17340 0 4452 0 209374 0 0 0 JENNIFER POULAKIDAS 175012 0 2000 0 456 0 17820 0 9165 0 204453 0 0 0 JAMES TURNER 176868 0 2000 0 3937 0 17686 0 4328 0 204819 0 0 0 MONAQUE DEMMENT 158100 0 2500 0 3851 0 15810 0 4289 0 184550 0 0 0 JANE SCHUCHARDT 160000 0 0 0 2017 0 16400 0 8256 0 186673 0 0 0 CHRISTINE KELLER 142004 0 2000 0 432 0 14467 0 8126 0 167029 0 0 0 MARK VARNER 134148 0 1000 0 954 0 13500 0 4163 0 153765 0 0 0 PART I, LINE 1A PER THE EMPLOYMENT AGREEMENT OF PETER MCPHERSON, A HOUSING ALLOWANCE OF $5,000 A MONTH IS PROVIDED TO HELP COVER HOUSING COSTS EXPENDED TO LIVE IN THE WASHINGTON, DC METROPOLITAN AREA. PART I, LINE 1B REIMBURSEMENT AND PROVISION OF THE EXPENSES LISTED IN SCHEDULE J, PART 1, LINE 1A IS DETERMINED BY THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE AS A PART OF THEIR DELIBERATIONS ON AN OVERALL PACKAGE FOR THE ASSOCIATION'S PRESIDENT. AS SUCH, NO FORMAL POLICY EXISTS THAT MANDATES WHICH, IF ANY, OF THESE EXPENSES ARE REQUIRED TO BE INCLUDED. THE COMMITTEE DOES CONSIDER THE COMPENSATION PACKAGES PROVIDED TO THE OTHER ASSOCIATIONS THAT COMPRISE THE "SIX," A GROUPING OF THE SIX MOST SIGNIFICANT ASSOCIATIONS FOR HIGHER EDUCATION OF WHICH APLU IS ONE. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION SHALL HAVE ONE CLASS OF MEMBERS, UNLESS OTHERWISE DETERMINED BY THE BOARD. MEMBERS SHALL NOT HAVE THE RIGHT TO VOTE, EXCEPT AS PART OF THEIR MEMBERSHIP ON ASSOCIATION BOARDS, COMMISSIONS, COMMITTEES AND COUNCILS DESCRIBED BELOW. ALL MEMBERS OF THE ASSOCIATION SHALL CONSIST OF INSTITUTIONS OF HIGHER EDUCATION, EACH OF WHICH QUALIFIES UNDER SECTION 115(A) OF THE INTERNAL REVENUE CODE OF 1986, OR IS EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) OF SUCH CODES AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF SUCH CODE, AND IS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1), (2), OR (3) OF SUCH CODES (OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW), AND WHICH MEET THE FOLLOWING ADDITIONAL CRITERIA: 1. AUTOMATIC MEMBERSHIP PUBLIC UNIVERSITIES OR COLLEGES THAT MEET AT LEAST ONE OF THE FOLLOWING THREE CRITERIA ARE QUALIFIED FOR A.P.L.U. MEMBERSHIP WITHOUT FORMAL ACTION BY THE BOARD OF DIRECTORS (A) INSTITUTION IS A LAND GRANT INSTITUTION (1862, 1890, 1994) (B) INSTITUTION IS CLASSIFIED IN ONE OF TWO BASIC CLASSIFICATION CATEGORIES FROM THE 2005 CARNEGIE CLASSIFICATION OF INSTRUCTIONAL PROGRAMS (SOURCE: 2005 CARNEGIE EDITION). RESEARCH (VERY HIGH) RESEARCH (HIGH) (C) INSTITUTION IS A CURRENT A.P.L.U. MEMBER IN GOOD STANDING. 2. PRESUMPTIVE MEMBERSHIP INSTITUTIONS THAT DO NOT MEET THE CRITERIA ABOVE MAY QUALIFY FOR MEMBERSHIP BY MEETING THE RESEARCH CRITERIA BELOW (A) AND TWO OF THE THREE ADDITIONAL CRITERIA (B, C, OR D). INSTITUTIONS WILL THEN BE CONSIDERED FOR MEMBERSHIP BY THE A.P.L.U. BOARD OF DIRECTORS AND MUST BE APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 BOTH THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE DISTRIBUTED ELECTRONICALLY TO THE APLU AUDIT COMMITTEE MEMBERSHIP FOR REVIEW AND APPROVAL. DURING THE DISTRIBUTION PROCESS, THE BOARD OF DIRECTORS ARE COPIED ON THE CORRESPONDENCE. AS REQUIRED, CONFERENCE CALLS ARE MADE WITH THE AUDIT COMMITTEE TO DISCUSS ANY QUESTIONS ON THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CHIEF FINANCIAL OFFICER IS THE PRIMARY OFFICER RESPONSIBLE FOR MONITORING FOR POTENTIAL CONFLICT OF INTEREST TRANSACTIONS. MONITORING INCLUDES RELIANCE ON APLU EMPLOYEES FOR REPORTING MATTERS OF CONCERN. ALL APLU STAFF, REGARDLESS OF POSITION, ARE COVERED UNDER THE POLICY. IN THE CASE OF THE PRESIDENT, IF SATISFACTORY CONCLUSION CANNOT BE REACHED BY THE CFO, THEN THE CFO IS EMPOWERED TO REFER THE MATTER TO THE CHAIR OF THE BOARD OF DIRECTORS. IN ALL OTHER CASES, THE PRESIDENT IS THE ULTIMATE AUTHORITY FOR DETERMINING DISCIPLINARY AND CORRECTIVE ACTIONS FOR CONFLICT OF INTERESTS NOT RESOLVED BY THE CFO. TO DATE, APLU HAS NOT HAD A CONFLICT OF INTEREST TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE APLU BOARD OF DIRECTORS SETS THE CEO COMPENSATION DURING ITS NOVEMBER MEETING. PRIOR TO THE MEETING, COMPARABILITY DATA IS PROVIDED TO THEM BY THE APLU CHIEF FINANCIAL OFFICER. THE COMPARABILITY DATA IS AT THE DETAIL LEVEL AND ENCOMPASSES THE COMPENSATION PROVIDED TO THE CEOS OF THE SIX LEADING ASSOCIATIONS FOR HIGHER EDUCATION. ALSO MADE AVAILABLE ARE THE RESULTS FROM VARIOUS SURVEYS ON CEO SALARIES SUCH AS WASHINGTON AREA EXECUTIVE SECRETARIAT AND THE HUMAN RESOURCE ASSOCIATION OF THE NATIONAL CAPITAL AREA'S ANNUAL "COMPENSATION SURVEY REPORT." FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER FEES FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - OTHER: PROGRAM SERVICE EXPENSES 36,853. MANAGEMENT AND GENERAL EXPENSES 60,340. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97,193. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 189. MANAGEMENT AND GENERAL EXPENSES 990. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,179. CONSULTANTS: PROGRAM SERVICE EXPENSES 1,974,322. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,974,322. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 9,285. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR.