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RIVER CHARTER SCHOOLS: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
RIVER CHARTER SCHOOLS (EIN 68-0628793)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-15
IRS object ID
201201369349302245
Schema version
2010v3.7
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-05-15T10:56:56-05:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1FEDDERSEN & COMPANY LLP CPA'SBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line15700 CORSA AVE SUITE 100AddressLine1
CityWESTLAKE VILLAGECity
StateCAState
ZIP Code913624056ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN680628793EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FRIENDS OF CLARKSBURG SCHOOLSBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFRIENameControl
Phone9167441200Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 303AddressLine1
CityCLARKSBURGCity
StateCAState
ZIP Code95612ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMR STEPHEN LEWISName
TitleEXECUTIVE DIRECTORTitle
Phone9167441200Phone
Date Signed2012-04-30DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJOY BULLERName
Phone8187074111Phone
Date Prepared2012-04-30DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMR STEPHEN LEWISNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO BOX 303AddressLine1
CityCLARKSBURGCity
StateCAState
ZIP Code95612ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1572392GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.FRIENDSOFCLARKSBURGSCHOOLS.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2006YearFormation
State Legal DomicileCAStateLegalDomicile
Activity Or Mission DescriptionA NONPROFIT GROUP OF PARENTS, TEACHERS AND CONCERNED CLARKSBURG, COURTLAND, AND WALNUT GROVE CITIZENS WHO ARE DEDICATED TO MAINTAINING A QUALITY EDUCATIONAL ENVIRONMENT. ITS MISSION IS TO HELP ITS STUDENTS ACHIEVE ACADEMIC SUCCESS, WHILE PRESERVING THE UNIQUE QUALITIES OF THE RIVER DELTA UNIFIED SCHOOL DISTRICT'S NORTHERN COMMUNITIES.ActivityOrMissionDescription
Nbr Voting Members Governing Body10NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees37TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year1242386ContributionsGrantsPriorYear
Contributions Grants Current Year1572392ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year1242386TotalRevenuePriorYear
Total Revenue Current Year1572392TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year818330SalariesEtcPriorYear
Salaries Etc Current Year1006457SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year443808OtherExpensePriorYear
Other Expenses Current Year480446OtherExpensesCurrentYear
Total Expenses Prior Year1262138TotalExpensesPriorYear
Total Expenses Current Year1486903TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-19752RevenuesLessExpensesPriorYear
Revenues Less Expenses CY85489RevenuesLessExpensesCY
Total Assets BOY1215221TotalAssetsBOY
Total Assets EOY1725482TotalAssetsEOY
Total Liabilities BOY1217187TotalLiabilitiesBOY
Total Liabilities EOY1641959TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-1966NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY83523NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionA NONPROFIT GROUP OF PARENTS, TEACHERS AND CONCERNED CLARKSBURG, COURTLAND, AND WALNUT GROVE CITIZENS WHO ARE DEDICATED TO MAINTAINING A QUALITY EDUCATIONAL ENVIRONMENT. ITS MISSION IS TO HELP ITS STUDENTS ACHIEVE ACADEMIC SUCCESS, WHILE PRESERVING THE UNIQUE QUALITIES OF THE RIVER DELTA UNIFIED SCHOOL DISTRICT'S NORTHERN COMMUNITIES.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1125606Expense
DescriptionOPERATION OF DELTA ELEMENTARY CHARTER SCHOOL FOR STUDENTS IN THE COMMUNITY.Description
Total Program Service Expense1125606TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10965NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees37NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members10NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1DELTA MANAGED SOLUTIONS LLCBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9164521440TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11451 RIVER PARK DRIVE SUITE 180AddressLine1
CitySACRAMENTOCity
StateCAState
ZIP Code95815ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
KATHI GOMES
TEACHER MEMB40.00X4775706532
ALEJANDRA RAMOS
TEACHER MEMB40.00X3989308738
DON CLARK
MEMBER2.00X000
JIM LOCKHART
MEMBER2.00X000
DON FENOCCHIO
MEMBER2.00X000
JODY BOGLE VANDEPOL
MEMBER2.00X000
STEPHEN LEWIS
EXECUTIVE DI40.00105875023075X
DOMINIC DIMARE
PRESIDENT3.00000X
ANDY WALLACE
CFO3.00000X
ROSALIA FERNANDEZ-MERWIN
SECRETARY3.00000X
JEFF GEISLER
ASST. SECRET2.00000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org193525TotalReportableCompFromOrg
Total Other Compensation38345TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Government Grants1555392GovernmentGrants
All Other Contributions17000AllOtherContributions
Total Contributions1572392TotalContributions

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1572392TotalRevenueColumn

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total231870Total
Program Services231870ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total570641Total
Program Services463604ProgramServices
Management And General107037ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total73322Total
Program Services73322ProgramServices

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total130624Total
Program Services95812ProgramServices
Management And General34812ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total5856Total
Management And General5856ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total11080Total
Management And General11080ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total54913Total
Program Services54913ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total150Total
Management And General150ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total317Total
Program Services317ProgramServices

Occupancy Occupancy

FieldValueIRS element (for citing)
Total11999Total
Program Services11999ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total3474Total
Program Services3474ProgramServices

Interest Interest

FieldValueIRS element (for citing)
Total72766Total
Management And General72766ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total54509Total
Management And General54509ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total4219Total
Management And General4219ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
BOOKS AND SUPPLIES913583857652782
SPECIAL ED ENCROACHMENT8895088950
CONTRACTED SERVICES2796827968
RENTALS, LEASES AND REPAI13847106003247
TELEPHONE1334513345

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total25695Total
Program Services10856ProgramServices
Management And General14839ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1486903Total
Program Services1125606ProgramServices
Management And General361297ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY41484BOY
EOY403955EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY260704BOY
EOY432107EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
EOY30897EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis1041138LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec182615LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY913033BOY
EOY858523EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1215221BOY
EOY1725482EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY194217BOY
EOY118657EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY974314BOY
EOY1469125EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY48656BOY
EOY54177EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1217187BOY
EOY1641959EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-1966BOY
EOY83523EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-1966BOY
EOY83523EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1215221BOY
EOY1725482EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses85489ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Orgs Legal ControlfalseDisclosedOrgsLegalControl
Disclosed For Charitable PurposesfalseDisclosedForCharitablePurposes
Written Policy MonitoringfalseWrittenPolicyMonitoring
Sect170h Requirements SatisfiedfalseSect170hRequirementsSatisfied
Solicited Assets For SalefalseSolicitedAssetsForSale
Agent Trustee EtcfalseAgentTrusteeEtc
Included On FSfalseIncludedOnFS
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1015767OtherCostOrOtherBasis
Depreciation168027Depreciation
Book Value847740BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis25371OtherCostOrOtherBasis
Depreciation14588Depreciation
Book Value10783BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings858523TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionACCRUED PAYROLL LIABILITIESDescription
Amount$54,177Amount
FieldValueIRS element (for citing)
Total Of Amounts54177TotalOfAmounts
Total Revenue1572392TotalRevenue
Total Expenses1486903TotalExpenses
Excess Or Deficit For Year85489ExcessOrDeficitForYear
Excess Or Deficit Per FS85489ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt1572392TotRevenueEtcAuditedFinclStmt
Revenue Subtotal1572392RevenueSubtotal
Total Revenue Per Form9901572392TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1486903TotExpensesEtcAuditedFinclStmt
Expenses Subtotal1486903ExpensesSubtotal
Total Expenses Per Form9901486903TotalExpensesPerForm990

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedtrueGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

FieldValueIRS element (for citing)
IdentifierFINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATIONIdentifier
Return ReferenceSCHEDULE E LINE 6ReturnReference
ExplanationAS A PUBLIC SCHOOL THE SCHOOL RECEIVES SUBSTANTIALLY ALL REVENUES FROM GOVERNMENTAL AGENCIESExplanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ORGANIZATION'S MISSIONFORM 990 - ORGANIZATION'S MISSIONA NONPROFIT GROUP OF PARENTS, TEACHERS AND CONCERNED CLARKSBURG, COURTLAND, AND WALNUT GROVE CITIZENS WHO ARE DEDICATED TO MAINTAINING A QUALITY EDUCATIONAL ENVIRONMENT. ITS MISSION IS TO HELP ITS STUDENTS ACHIEVE ACADEMIC SUCCESS, WHILE PRESERVING THE UNIQUE QUALITIES OF THE RIVER DELTA UNIFIED SCHOOL DISTRICT'S NORTHERN COMMUNITIES.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
ENFORCEMENT OF CONFLICTS POLICYFORM 990, PAGE 6, PART VI, LINE 12CALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. THE BOARD WILL REVIEW ALL CONFLICTS. IF ANY ARE PRESENTED, THE EMPLOYEE/BOARD MEMBER WILL BE PROHIBITED TO PARTICIPATE IN THE BOARDS DELIBERATIONS AND DECISIONS IN THE TRANSACTION(S).
COMPENSATION PROCESS FOR TOP OFFICIALFORM 990, PAGE 6, PART VI, LINE 15ATHE INITIAL SALARIES AND ANY UPDATED SALARY AMOUNTS FOR OUR MANAGEMENT PERSONNEL ARE DETERMINED WITH THE ASSISTANCE OF OUR INDEPENDENT ADMINISTRATIVE SERVICES PROVIDER, WHO ASSISTS US IN ANALYZING COMPETITIVE AREA SALARIES. ALL MANAGEMENT SALARIES ARE BOARD-APPROVED. THE LAST YEAR THIS WAS UNDERTAKEN IS THE CURRENT 2010-11 FISCAL YEAR.
COMPENSATION PROCESS FOR OFFICERSFORM 990, PAGE 6, PART VI, LINE 15BTHE INITIAL SALARIES AND ANY UPDATED SALARY AMOUNTS FOR OUR MANAGEMENT PERSONNEL ARE DETERMINED WITH THE ASSISTANCE OF OUR INDEPENDENT ADMINISTRATIVE SERVICES PROVIDER, WHO ASSISTS US IN ANALYZING COMPETITIVE AREA SALARIES. ALL MANAGEMENT SALARIES ARE BOARD-APPROVED. THE LAST YEAR THIS WAS UNDERTAKEN IS THE CURRENT 2010-11 FISCAL YEAR.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION PROVIDES DOCUMENTATION UPON REQUEST.