2012-05-10T14:56:51-05:00 2011-09-30 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2010-10-01 520892064 UNIVERSITIES SPACE RESEARCH ASSOCIATION UNIV 4107302656 10211 WINCOPIN CIRCLE NO 500 COLUMBIA MD 210443432 KARIN HILSER 4107302656 2012-05-08 1 LORI S BURGHAUSER 4104031500 2012-05-08 2010 2016-02-24 21:20:13Z KARIN HILSER 10211 WINCOPIN CIRCLE NO 500 COLUMBIA MD 210443432 76616779 0 X WWW.USRA.EDU X 1969 DC TO PROVIDE A COLLABORATIVE MEMBERSHIP ORGANIZATION WHERE UNIVERSITIES AND OTHER RESEARCH ORGANIZATIONS MAY COOPERATE EFFECTIVELY WITH EACH OTHER, WITH THE UNITED STATES GOVERNMENT, AND OTHER ENTITIES TO DEVELOP KNOWLEDGE ASSOCIATED WITH SPACE SCIENCE AND TECHNOLOGY. 15 14 505 0 0 0 25727 76304148 66563042 0 25599 40621 0 0 66614368 76344769 6259378 8323133 0 0 36160729 41563597 0 0 0 22711226 25056110 65131333 74942840 1483035 1401929 24657413 29266956 8092981 11358424 16564432 17908532 X TO PROVIDE A COLLABORATIVE MEMBERSHIP ORGANIZATION WHERE UNIVERSITIES AND OTHER RESEARCH ORGANIZATIONS MAY COOPERATE EFFECTIVELY WITH EACH OTHER, WITH THE UNITED STATE GOVERNMENT, AND OTHER ENTITIES TO DEVELOP KNOWLEDGE ASSOCIATED WITH SPACE SCIENCE AND TECHNOLOGY. 1 0 18594044 5000 STRATOSPHERIC OBSERVATORY FOR INFRARED ASTRONOMY (SOFIA): THE SOFIA IS AN AIRBORNE OBSERVATORY THAT WILL STUDY THE UNIVERSE IN THE INFRARED SPECTRUM. BESIDES THIS CONTRIBUTION TO SCIENCE PROGRESS, SOFIA WILL BE A MAJOR FACTOR IN THE DEVELOPMENT OF OBSERVATIONAL TECHNIQUES, OF NEW INSTRUMENTATIONS, AND IN THE EDUCATION OF YOUNG SCIENTISTS AND TEACHERS IN THE DISCIPLINE OF INFRARED ASTRONOMY. SOFIA IS EXPECTED TO FLY INTO THE STRATOSPHERE, OPEN THE TELESCOPE CAVITY DOOR, AND POINT ITS TELESCOPE AT THE HEAVENS THREE OR FOUR NIGHTS A WEEK FOR AT LEAST TWENTY YEARS. 9456062 211961 LUNAR & PLANETARY INSTITUTE (LPI): SUPPORTS NASA'S RESEARCH IN LUNAR, PLANETARY, AND RELATED SCIENTIFIC FIELDS. THE INSTITUTE IS A CENTER FOR LUNAR AND PLANETARY SCIENCE, CONDUCTING RESEARCH STUDIES ON THE FORMATION, EVOLUTION, AND CURRENT STATE OF THE MOON, PLANETS, COMETS, ASTEROIDS, PLANETARY SATELLITES, COSMIC DUST, AND OUR SOLAR SYSTEM AS A WHOLE THROUGH ANALYSIS OF DATA AND SAMPLES OBTAINED THROUGH NASA'S LONG HISTORY OF MISSIONS AND EXPLORATION, SERVICE TO NASA AND THE PLANETARY SCIENCE COMMUNITY. THE INSTITUTE COORDINATES SCIENTIFIC MEETINGS ON LUNAR AND PLANETARY TOPICS, AND DISSEMINATES SCIENTIFIC INFORMATION THROUGH TECHNICAL JOURNALS AND CONFERENCES, INCLUDING AN ABSTRACT DATABASE OF MORE THAN 25,000 PRESENTATIONS MADE BY SCIENTISTS AT LPI-SPONSORED MEETINGS. THE INSTITUTE ALSO CURATES AN EXTENSIVE COLLECTION OF LUNAR AND PLANETARY DATA THAT IS ACCESSIBLE ONLINE. 7953916 245796 DIVISION OF SPACE LIFE SCIENCES (DSLS): THE DSLS SUPPORTS NASA IN ALL AREAS OF LIFE SCIENCES RESEARCH AND MANAGEMENT IN FURTHERANCE OF NASA'S VISION FOR SPACE EXPLORATION, TO SEND ASTRONAUTS TO THE MOON, MARS, AND BEYOND. DSLS SCIENTISTS EXAMINE THE EFFECTS OF MICROGRAVITY AND RADIATION IN BLOOD, BONE, LUNG, MUSCLE, AND NEURAL CELLS. THEY PARTICIPATE IN HUMAN BED REST STUDIES, A MICROGRAVITY ANALOGUE, TO DEVELOP COUNTERMEASURES TO PROTECT ASTRONAUTS AGAINST THE ADVERSE EFFECTS OF MICROGRAVITY ON VARIOUS PHYSIOLOGICAL SYSTEMS. 4816334 0 NATIONAL SPACE SCIENCE AND TECHNOLOGY CENTER (NSSTC): THE DIVISION OF EARTH SCIENCES SUPPORTS NASA'S RESEARCH TO SEEK A BETTER UNDERSTANDING OF THE GLOBAL HYDROLOGIC CYCLE AND ITS INTERACTION WITH CLIMATE VARIABILITY. USRA IS ASSISTING WITH THE INTEGRATION OF RESEARCH PROGRAMS WITH THE EDUCATIONAL NEEDS OF CLIMATE AND GLOBAL CHANGE SCIENCE CURRICULA AT THE COLLEGE AND PRE-COLLEGE LEVELS TO COMMUNICATE THE IMPORTANCE AND CHALLENGES RELATING TO THE INTERACTIONS OF THE HYDROLOGIC CYCLE WITH CLIMATE AND CLIMATE VARIABILITY. 1619755 0 RESEARCH INSTITUTE FOR ADVANCED COMPUTER SCIENCE (RIACS): THE RIACS IS FOCUSED ON DEVELOPING THE NEXT GENERATION ENABLING TECHNOLOGIES THAT WILL FACILITATE BOTH HUMAN AND ROBOTIC SPACE EXPLORATION. SINCE ITS INCEPTION IN 1983, THE INSTITUTE HAS CONDUCTED BASIC AND APPLIED COMPUTER SCIENCE RESEARCH ACROSS A VARIETY OF AEROSPACE-RELATED DISCIPLINES, INCLUDING SUPERCOMPUTING, COMPUTATIONAL FLUID DYNAMICS, COMPUTATIONAL CHEMISTRY, HIGH-PERFORMANCE NETWORKING, AND ARTIFICIAL INTELLIGENCE. 3578764 9500 CENTER FOR RESEARCH AND EXPLORATION IN SPACE AND SCIENCE TECHNOLOGY (CRESST): SUPPORTS THE RESEARCH EFFORTS FOR NASA AND THE NRL IN VARIOUS ASTRONOMY AND SPACE PHYSICS DISCIPLINES INCLUDING X-RAY ASTRONOMY, GAMMA-RAY ASTRONOMY, AND COSMIC-RAY ASTROPHYSICS. 1355176 143235 CENTER FOR SPACE NUCLEAR RESEARCH (CSNR): THE CSNR IS OPERATED BY USRA IN COLLABORATION WITH THE IDAHO NATIONAL LABORATORY (INL). THE CSNR IS A FOCUS FOR ENGAGING UNIVERSITY SCIENTISTS IN RESEARCH AND DEVELOPMENT OF ADVANCED SPACE NUCLEAR SYSTEMS, INCLUDING SPACE POWER AND PROPULSION SYSTEMS AND RADIOISOTOPE POWER GENERATORS. 4162651 3730524 UNDERGRADUATE STUDENT RESEARCH PROGRAM (USRP): USRP IS AN INTERNSHIP PROGRAM THAT OFFERS NASA RESEARCH AND DEVELOPMENT OPPORTUNITIES. USRP OFFERS INTERNSHIPS IN ENGINEERING, SCIENCE, AND MATHEMATICS THAT GIVE STUDENTS THE ULTIMATE STEM WORKFORCE PREPARATORY EXPERIENCE. THE USRP PROGRAM CONSISTS OF A 10-15 WEEK RESEARCH EXPERIENCE AT A PARTICIPATING NASA CENTER UNDER THE SUPERVISION OF A NASA TECHNICAL MENTOR. 4092667 0 EXPLORATION SYSTEMS TECHNOLOGY RESEARCH SUPPORTS RESEARCH FOR NASA GLENN RESEARCH CENTER'S EXPLORATION SYSTEMS (NCSER): TECHNOLOGY DEVELOPMENT PROGRAMS AND PROVIDES SUPPORT FOR ISS MICROGRAVITY RESEARCH. THIS PROGRAM INVOLVES THE DEVELOPMENT OF ENABLING TECHNOLOGIES FOR SPACE EXPLORATION WITH EMPHASIS ON REDUCED GRAVITY APPLICATIONS OF FLUIDS SYSTEMS AND FIRE SAFETY AND PERFORMS CRITICAL PATH RESEARCH IN FLUIDS AND COMBUSTION IN SUPPORT OF NASA'S SPACE EXPLORATION PROGRAM AND RELATED NATIONAL INITIATIVES. 7331684 3952503 EDUCATION PROGRAMS (EAP & EPO): THE EDUCATION PROGRAM'S OFFICE PRIMARILY SUPPORTS NASA'S EFFORTS TO EXPAND EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN AEROSPACE ENGINEERING AND THE SPACE SCIENCES, AS WELL AS ENCOURAGING YOUNG STUDENTS TO STAY IN SCHOOL AND PURSUE CAREERS IN SCIENCE, ENGINEERING, AND BUSINESS. 6543275 24614 GESTAR STANDS FOR GODDARD EARTH SCIENCES TECHNOLOGY AND RESEARCH. ITS SCOPE CUTS ACROSS EARTH SCIENCE DISCIPLINES AND INCLUDES ATMOSPHERIC STUDIES, HYDROLOGY, OCEAN AND CLIMATE RESEARCH. TO FACILITATE EXPERIMENTAL, ANALYTICAL AND THEORETICAL RESEARCH IN SUPPORT OF NASA'S STRATEGIC EARTH AND SPACE SCIENCE OBJECTIVES. 14916 0 OTHER USRA MANAGES VARIOUS EFFORTS UNDER A VARIETY OF RELATIVELY SMALL CONTRACTS AND OTHER AGREEMENTS IN SUPPORT OF SCIENTIFIC AND EDUCATION PROJECTS. 33515222 7860376 69519244 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 636 0 505 1 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X KARIN HILSER 4107406232 10211 WINCOPIN CIRCLE SUITE 500 COLUMBIA MD 21044 DR PETER BANKS 6.00 X X 12913 0 0 MR MK JEPPESEN 4.00 X X 22200 0 0 DR FREDERICK TARANTINO 40.00 X X 594153 0 88762 DR STEFI BAUM 3.00 X 12500 0 0 DR MICHAEL DRAKE 3.00 X 10000 0 0 DR IVETTE FALTO-HECK 3.00 X 13000 0 0 VICE ADMIRAL DAVID FROST 3.00 X 12500 0 0 DR JOHN D FIX 3.00 X 19250 0 0 MARY MUSGRAVE 3.00 X 10200 0 0 DR WESLEY HARRIS 3.00 X 17200 0 0 DR STEVEN KAHN 3.00 X 11150 0 0 DR SCOTT PACE 3.00 X 13500 0 0 DR ERIC SHEPPARD 3.00 X 11500 0 0 DR ALAN WELLS 3.00 X 12250 0 0 DR JAN VAN PROOYEN 3.00 X 9700 0 0 DR THOMAS ZURBUCHEN 3.00 X 15450 0 0 STEVEN BENSON 1.00 X 19300 0 0 KARIN HILSER 40.00 X 195946 0 24100 ERICK YOUNG 40.00 X 299080 0 38833 STEPHEN J MACKWELL 40.00 X 277085 0 38843 SCOTT WILLIAMSON 40.00 X 238367 0 18309 DONALD KNIFFEN 40.00 X 236525 0 22471 HELEN HALL 40.00 X 352039 0 30403 DAVID BELL 40.00 X 255961 0 38049 ADRIAN LEBLANC 40.00 X 231700 0 27320 ERIC BECKLIN 40.00 X 229951 0 21172 ALAN MARCHANT 40.00 X 227687 0 35006 3361107 0 383268 73 0 1 0 CA INSTITUTE OF TECHNOLOGY 1200 E CA PASADENA CA 91125 SCIENTIFIC SUPPPORT SERVICES 1560474 CORNELL UNIVERSITY PO BOX 22 ITHACA NY 14851 SCIENTIFIC SUPPPORT SERVICES 1406215 CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE CLEVELAND OH 44106 SCIENTIFIC SUPPPORT SERVICES 1097393 UNIVERSITY OF CHICAGO 1225 E 60TH STREET CHICAGO IL 60637 SCIENTIFIC SUPPPORT SERVICES 899743 SETI INSTITUTE 515 N WHISMAN RD MOUNTAIN VIEW CA 94043 SCIENTIFIC SUPPPORT SERVICES 871156 11 76284148 20000 76304148 20143 20143 292488 272010 20478 20478 20478 76344769 0 0 40621 8323133 8323133 6002724 3680228 2322496 27469203 27036732 432471 1915256 1898774 16482 3995620 3932714 62906 2180794 2023844 156950 123203 123203 95363 95363 134639 134639 15613625 14530487 1083138 1344188 1122134 222054 482329 482329 896160 545098 351062 2552946 2377312 175634 1217762 1079643 138119 463541 463541 130173 130173 PARTICIPANT SUPPORT COS 1299704 1299704 BID AND PROPOSAL 423541 423541 MISCELLANEOUS 208115 99036 109079 EQUIPMENT 70821 70821 74942840 69519244 5423596 0 7850920 11909189 5546420 4561181 5356844 6070996 55000 0 624311 773109 8818346 4509281 3679409 4309065 1544509 1643416 24657413 29266956 7522979 11358424 570002 8092981 11358424 X 16431267 17800476 133165 108056 16564432 17908532 24657413 29266956 X 1401929 -57829 X X 0 1 1 X 1 1 X 84878085 60811823 62909715 66588769 76304148 351492540 84878085 60811823 62909715 66588769 76304148 351492540 0 0 0 351492540 498021 247526 53847 34701 20143 854238 498021 247526 53847 34701 20143 854238 40390 102665 21965 165020 85416496 61162014 62985527 66623470 76324291 352511798 0.99710 0.99620 0.00240 0.00310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 134639 134639 74808201 74942840 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 226500 163835 136616 134639 661590 250000 250000 250000 250000 1000000 1500000 1103311 1103311 4179293 2811774 1367519 176361 6527 169834 3359381 1690980 1668401 4309065 76344769 74942840 1401929 -57829 -57829 1344100 76344769 0 76344769 0 76344769 75000669 57829 57829 74942840 0 74942840 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES FOR THE YEARS 2007 THROUGH 2011. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURE AS A COMPONENT OF INCOME TAX EXPENSE. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF SEPTEMBER 30, 2011 AND 2010. PART XIII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INVESTMENTS 57,829. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SCIENTIFIC RESEARCH 59129 SOUTH AMERICA 0 0 PROGRAM SERVICES SCIENTIFIC RESEARCH 4550 0 0 0 0 0 0 63679 0 63679 0 0 0 0 0 0 1 THOMAS R MCGETCHIN MEMORIAL SCHOLARSHIP 1 1000 JAMES B WILLETT EDUCATIONAL MEMORIAL SCHOLARSHIP 1 1000 THE USRA EDUCATION SCHOLARSHIP 1 1000 JOHN R SEVIER MEMORIAL SCHOLARSHIP 1 1000 STIPENDS FOR PROGRAM ACTIVITIES 2917 8319133 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ASSOCIATION DISTRIBUTES SCHOLARSHIPS AND AWARDS TO STUDENTS WHO MEET THE CRITERIA SET OUT IN THE PROGRAM. THERE IS NO ADDITIONAL MONITORING REQUIRED. X X X X 1 1 X X X X X 0 1 0 1 0 0 0 0 0 DR FREDERICK TARANTINO 357153 0 215000 0 22000 0 74500 0 14262 0 682915 0 0 0 KARIN HILSER 144821 0 38200 0 12925 0 17470 0 6630 0 220046 0 0 0 ERICK YOUNG 242734 0 35000 0 21346 0 24490 0 14343 0 337913 0 0 0 STEPHEN J MACKWELL 201517 0 55000 0 20568 0 24500 0 14343 0 315928 0 0 0 SCOTT WILLIAMSON 152114 0 75000 0 11253 0 16669 0 1640 0 256676 0 0 0 DONALD KNIFFEN 170005 0 44635 0 21885 0 21113 0 1358 0 258996 0 0 0 HELEN HALL 232397 0 22000 0 97642 0 23773 0 6630 0 382442 0 0 0 DAVID BELL 196918 0 48400 0 10643 0 23706 0 14343 0 294010 0 0 0 ADRIAN LEBLANC 174729 0 35200 0 21771 0 21194 0 6126 0 259020 0 0 0 ERIC BECKLIN 181451 0 27000 0 21500 0 20535 0 637 0 251123 0 0 0 ALAN MARCHANT 163730 0 55000 0 8957 0 20663 0 14343 0 262693 0 0 0 PART I, LINE 1A WHEN EMPLOYEES HAVE TEMPORARY DUTY ASSIGNMENTS AWAY FROM THEIR PRIMARY RESIDENCES, THE ASSOCIATION PROVIDES A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE AS WELL AS TRAVEL FOR COMPANIONS. THESE COSTS ARE REIMBURSED TO THE EMPLOYEE AT AN AMOUNT THAT IS GROSSED-UP TO COVER THE INCREASED TAX BURDEN. THE ASSOCIATION THEN WITHHOLDS THE APPROPRIATE LEVEL OF TAX AND INCLUDES IT IN THE EMPLOYEE'S TAXABLE INCOME. PART I, LINE 4B THE ASSOCIATION PROVIDES A NONQUALIFIED DEFERRED COMPENSATION PLAN (457F) FOR ITS PRESIDENT. A CONTRIBUTION FOR THE PRESIDENT WAS MADE BY THE ASSOCIATION TO THIS PLAN DURING THE CALENDAR YEAR 2010 IN THE AMOUNT OF $50,000. PART I, LINE 5 THE ASSOCIATION PROVIDES TO THE PRESIDENT INCENTIVE COMPENSATION BASED ON THE REVENUE OF THE ORGANIZATION. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 THE ASSOCIATION IMPLEMENTED GESTAR ON MAY 1, 2011. GESTAR STANDS FOR GODDARD EARTH SCIENCES TECHNOLOGY AND RESEARCH. ITS SCOPE CUTS ACROSS EARTH SCIENCE DISCIPLINES AND INCLUDES ATMOSPHERIC STUDIES, HYDROLOGY, OCEAN AND CLIMATE RESEARCH. TO FACILITATE EXPERIMENTAL, ANALYTICAL AND THEORETICAL RESEARCH IN SUPPORT OF NASA'S STRATEGIC EARTH AND SPACE SCIENCE OBJECTIVES. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION ADOPTED AMENDED ARTICLES OF INCORPORATION. ARTICLE THIRD WAS AMENDED TO READ AS FOLLOWS: THIRD: THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE: (A) TO CONSTITUTE AN ENTITY BY MEANS OF WHICH UNIVERSITIES AND OTHER RESEARCH ORGANIZATIONS MAY COOPERATE WITH ONE ANOTHER, WITH THE GOVERNMENTS OF THE UNITED STATES AND OTHER NATIONS, AND WITH OTHER ORGANIZATIONS TOWARD THE DEVELOPMENT AND APPLICATION OF SPACE-RELATED SCIENCE, TECHNOLOGY AND ENGINEERING. (B) TO DEVELOP AND MANAGE PROGRAMS AND FACILITIES, AND PROVIDE OTHER SERVICES AS REQUIRED UNDER CONTRACT, OR OTHERWISE, WITH THE GOVERNMENTS OF THE UNITED STATES AND OTHER NATIONS, AND OTHER ORGANIZATIONS FOR SPACE-RELATED EDUCATION, RESEARCH, DEVELOPMENT, AND OPERATIONS. THE CORPORATION SHALL ONLY ENGAGE IN ACTIVITES WHICH ARE IN FURTHERANCE OF ONE OR MORE TAX EXEMPT PURPOSES, EXCEPT IT MAY ENGAGE IN LIMITED UNRELATED ACTIVITIES PROVIDED THE SAME DO NOT REPRESENT MORE THAN AN INSUBSTANTIAL PORTION OF ITS ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 6 USRA HAS MEMBERS THAT ARE COMPRISED OF THE MEMBER UNIVERSITIES. FORM 990, PART VI, SECTION A, LINE 7A A COUNCIL, WHICH IS COMPOSED OF A REPRESENTATIVE FROM EACH MEMBER INSTITUTION, OVERSEES THE BOARD OF TRUSTEES AND IS RESPONSIBLE FOR VOTING FOR MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF TRUSTEES, WHICH IS COMPOSED OF REPRESENTATIVES ELECTED FROM MEMBER INSTITUTIONS AND AT LARGE MEMBERS INCLUDING A QUALIFIED FINANCIAL EXPERT, ARE DELEGATED ALL AUTHORITIES FROM THE MEMBERS EXCEPT MODIFYING BY-LAWS AND ELECTING NEW TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS REVIEWED WITH THE AUDIT COMMITTEE AND PROVIDED TO THE GOVERNING BODY BEFORE SUBMISSION. THE DOCUMENT IS POSTED ON A PASSWORD-PROTECTED INTERNAL WEB PAGE FOR BOARD REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH BOARD OF TRUSTEES MEETING, THE BOARD REVIEWS USRA'S CONFLICT OF INTEREST POLICY AND EACH TRUSTEE PRESENT SUBMITS A CONFLICT OF INTEREST DISCLOSURE FORM. THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE COMPENSATION CONSULTANT IS HIRED TO COMPARE THE COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES TO NATIONAL, NOT-FOR-PROFIT SURVEY DATA PROVIDED BY WATSON AND WYATT. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -57,829. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USRA VOLUNTARY EMPLOYEE BENEFITS ASSOCIATION (VEBA) 10211 WINCOPIN CIRCLE COLUMBIA MD 21045 526853833 POST-RETIREMENT MEDICAL BENEFITS TO ELIGIBLE EMPLOYEES MD 501(C)9 N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 VEBA FUNDING FOR 10110 - 93011 Q 408244 FMV