2011-01-13T17:10:26-05:00 2010-05-31 KPMG LLP 345 Park Avenue New York NY 101540102 990 2009-06-01 131776434 Consumers Union of US Inc CONS 9143782000 101 TRUMAN AVENUE YONKERS NY 107031057 JAMES A GUEST 2011-01-10 2127589700 2009 2016-02-24 21:20:13Z JAMES A GUEST 101 TRUMAN AVENUE YONKERS NY 107031057 713378176 false X WWW.CONSUMERREPORTS.ORG X 1936 NY TO WORK FOR A FAIR, JUST, AND SAFE MARKETPLACE FOR ALL CONSUMERS AND TO EMPOWER CONSUMERS TO PROTECT THEMSELVES. . 17 17 668 17 363513 125396 18756084 17433629 225742828 220965783 7830685 6105441 670126 70043 252999723 244574896 642500 866098 0 0 82888169 84910015 610102 154449 9389056 161882190 157732303 246022961 243662865 6976762 912031 302962362 319141134 244480979 251660099 58481383 67481035 TO WORK FOR A FAIR, JUST, AND SAFE MARKETPLACE FOR ALL CONSUMERS AND TO EMPOWER CONSUMERS TO PROTECT THEMSELVES. 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SEE SCHEDULE O FOR ADDITIONAL INFORMATION. 208951009 true false false true false false false false false true false true false false true true false true false false false true false true true false false false false false false false false false false true false false false true true true false false true 362 0 true 668 true true true true CA false false false true true false false false 17 17 false false false false false false false true true false true true true true true true true true true true false 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 TX UT VA WA WV WI X X MS CONNIE TUCKER 9143782000 101 TRUMAN AVENUE YONKERS NY 107031057 DIANE ARCHER 1.0 X 0 0 0 ROBERT E BAENSCH 1.0 X 0 0 0 WALTER BRISTOL 1.0 X 0 0 0 LAURENCE BUNIN 1.0 X 0 0 0 CLARENCE DITLOW 1.0 X 0 0 0 JEAN ANN FOX MS MPA 1.0 X 0 0 0 BARBARA FRIEDMAN 1.0 X 0 0 0 KAREN HEIN MD 1.0 X 0 0 0 STEVEN R HILL 1.0 X 0 0 0 CAROL IZUMI 1.0 X 0 0 0 CRAIG NEWMARK 1.0 X 0 0 0 ED MIERZWINSK 1.0 X 0 0 0 TERESA MORAN SCHWARTZ 1.0 X 0 0 0 NORMAN I SILBER 1.0 X 0 0 0 THOMAS C VOICE 1.0 X 0 0 0 THOMAS WATHEN 1.0 X 0 0 0 MARCIA ARONOFF 1.0 X 0 0 0 JAMES A GUEST 35.0 X 577348 0 61942 JOHN SATEJA 35.0 X 428793 0 62934 RICHARD GANNON 35.0 X 368754 0 58338 JEROLD STEINBRINK 35.0 X 314874 0 49747 LIAM MCCORMACK 35.0 X 258498 0 34156 MICHAEL D'ALESSANDRO 35.0 X 258400 0 47991 CHRISTOPHER MEYER 35.0 X 246478 0 47389 RAHUL BELANI 35.0 X 339056 0 50862 JAMIE DARNOW 35.0 X 279499 0 42907 EILEEN HERSHENOV 35.0 X 303209 0 52744 KEVIN MCKEAN 35.0 X 309576 0 53533 PAIGE AMIDON 35.0 X 254245 0 91573 EUGENE KIMMELMAN 35.0 X 267496 0 29886 4206226 0 684002 279 true true false GOOGLE INC 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043 SEARCH ENGINE MARKET 9029621 COMMUNICATION DATA SERVICES 1901 BELL AVENUE DES MOINES IA 50315 FULFILLMENT SERVICES 7318785 QUEBECOR WORLD INC 3101 MCCALL DRIVE ATLANTA GA 303402899 PRINTING 4289614 HEALTH NET PO BOX 31965 HARTFORD CT 06150 HEALTHCARE 2906827 ACXIOM CORPORATION 301 INDUSTRIAL BLVD CONWAY AR 72032 FULFILLMENT SERVICES 2501274 165 17433629 81390 17433629 SUBSCRIPTIONS, NEWSSTAND, & OTHER SALES 511120 133053338 133053338 ONLINE SUBSCRIPTION SALES 519130 87620632 87257119 363513 TESTING REVENUE 541380 291813 291813 220965783 4602500 4602500 0 1257640 1257640 470306221 468803280 1502941 1502941 1502941 0 0 0 MANAGEMENT/EXEMPT PENSION PLAN 900099 -1187597 -1187597 -1187597 244574896 220602270 363513 6175484 761672 761672 0 104426 104426 0 2319992 814773 1471352 33867 0 59110883 49402385 8361619 1346879 7826451 6397794 1252746 175911 10787584 8818397 1726721 242466 4865105 3977019 778736 109350 0 714110 621268 78180 14662 567091 12229 554862 1235546 1235546 154449 154449 348315 348315 8372877 6858049 1350467 164361 30603770 30153443 36920 413407 1281210 798112 466725 16373 1043450 190384 853066 361953 361953 3075030 2513530 492312 69188 1210896 997329 186639 26928 0 357052 144211 206750 6091 1271374 1271374 0 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94480 1198796932 4246194 5719315 7537305 6574790 4602500 28680104 0 0 0 0 125396 125396 4246194 5719315 7537305 6574790 4727896 28805500 1283586 585574 507806 670126 -1187597 1859495 224218058 246274191 264414792 251743828 242905538 1229556407 0.97498 0.97480 0.02343 0.02250 X 1000000 1000000 2000000 3000000 521774 514111 1035885 250000 250000 500000 750000 234155 179296 413451 true true true 774569 true 361493 true 807702 true 68000 true 474104 true 227888 false 2713756 false 11935255 11935255 65040370 27197051 37843319 332697 135211 197486 31319956 27630795 3689161 39988373 30508357 9480016 63145237 0 CHARITABLE GIFT ANNUITY 6273980 OTHER LIABILITY 525430 DEFERRED RENT 154141 PENSION LIABILITY 26084469 LIABILITY DERIVATIVE INSTRUMENT 4448119 LIFETIME SUBSCRIBER LIABILITY 1533000 CRUT LIABILITY 1354149 40373288 244574896 243662865 912031 16742000 -8564031 8177969 9090000 252654715 16742000 340226 17082226 235572489 348315 8654092 9002407 244574896 243564150 249600 249600 243314550 348315 348315 243662865 FIN 48 SCHEDULE D, PART X EFFECTIVE JUNE I, 2007, CU ADOPTED PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD INTERPRETATION (FASB) NO.48 (FIN 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FIN 48 ADDRESSES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIN 48 ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE ADOPTION OF THIS ACCOUNTING STANDARD DID NOT HAVE ANY IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED MAY 31, 2010. RECONCILIATION OF CHANGE IN NET ASSETS SCHEDULE D, PART XI, LINE 8 UNREALIZED LOSS INTEREST RATE SWAP .................. (237,863) PENSION RELATED CHANGES ............................. (8,298,089) CHANGE IN VALUE SPLIT INTEREST AGREEMENT ............ (197,291) CHANGE RESTRICTED BEQUEST REVENUE ................... 79,151 REVENUE OF RELATED ENTITY - CONSUMERS UNION ACTION FUND, INC. ................... 339,999 EXPENSES OF RELATED ENTITY - CONSUMERS UNION ACTION FUND, INC. ................... (248,981) EXPENSES OF RELATED ENTITY - TRUMAN AVENUE FOUNDATION, INC........................ (560) ROUNDING ........................................... (397) ============ TOTAL............................................... $ (8,564,031) RECONCILIATION OF REVENUE SCHEDULE D, PART XII PART XII, LINE 2D REVENUE OF RELATED ENTITY - CONSUMERS UNION ACTION FUND, INC. ...................$ 339,999 ROUNDING 227 ============== TOTAL............................................... $ 340,226 PART XII, LINE 4B - OTHER UNREALIZED LOSS ON INTEREST RATE SWAP ................$ 237,863 PENSION RELATED CHANGES ..............................$ 8,298,089 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS .........$ 197,291 CHANGE - CONTRIBUTION OF REVENUE - BEQUEST ...........$ (79,151) ================ TOTAL ...............................................$ 8,654,092 RECONCILIATION OF EXPENSES SCHEDULE D, PART XIII, LINE 2D EXPENSES OF RELATED ENTITY - CONSUMERS UNION ACTION FUND, INC. ...................$ 248,981 EXPENSES OF RELATED ENTITY - TRUMAN AVENUE FOUNDATION, INC........................ 560 ROUNDING 59 ========== TOTAL................................................$ 249,600 true Europe (Including Iceland and Greenland) Program Services Publication and inform 1438666 Europe (Including Iceland and Greenland) Grantmaking 104426 North America Program Services Publication and inform 1081677 2624769 Europe/Iceland/Greenland GENERAL SUPPORT 104426 WIRE 0 1 MONITORING GRANT FUNDS SCHEDULE F, PART 1, LINE 2 GRANTEES ARE REQUIRED TO SUBMIT INTERIM FINANCIAL REPORTS AS WELL AS A FINAL ACCOUNTING OF ALL GRANT RELATED EXPENDITURES, DELIVERABLES AND 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 true OUTREACH ASSOCIATES TELE MARKETING false 464754 154449 310305 464754 154449 310305 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI true CONSUMER FEDERATION OF AMERICA 1424 16TH STREET NW SUITE 604 WASHINGTON DC 20036 520880625 501(C)(3) 65000 SUPPORT STATE AND LOCAL GRANTS FOR CONSUMER ORGANIZATION DEVELOPMENT PROGRAM CONSUMER FEDERATION OF AMERICA 1424 16TH STREET NW SUITE 604 WASHINGTON DC 20036 520880625 501(C)(3) 30000 GENERAL OPERATING SUPPORT FOR STATE AND LOCAL CONSUMER ORGANIZATION DEVELOPMENT PROGRAM. CONSUMER FEDERATION OF AMERICA 1424 16TH STREET NW SUITE 604 WASHINGTON DC 20036 520880625 501(C)(3) 25000 SUPPORT FOR TRAVEL AND CONFERENCE COST FOR STATE AND LOCAL ROUNDTABLE MEETING AT ANNUAL CONSUMER ASSEMBLY CONFERENCE. USPIRG EDUCATION FUND 218 D STREET SE 2ND FLOOR WASHINGTON DC 20003 042790740 501(C)(3) 25000 GENERAL OPERATING SUPPORT FOR NATIONAL CONSUMER BACK-UP CENTER. IDENTITY THEFT ACTION COUNCIL OF NEBRASKA 16422 AMES AVENUE OMAHA SUITE 650 OMAHA NE 68116 161774332 501(C)(3) 10000 SUPPORT FOR AN ADVOCACY AND PUBLIC EDUCATION WORK REGARDING IDENTITY THEFT AND FINANCIAL PRIVACY ISSUES. COMMUNITY CATALYST INC 30 WINTER STREET SUITE 10004 BOSTON MA 02108 043355127 501(C)(3) 264258 SUPPORT THE ACCOUNTABILITY OF HEALTHCARE CONVERSON FOUNDATION. CALIFORNIA PAN-ETHNIC HEALTH NETWORK 654 THIRTEENTH STREET OAKLAND CA 94612 943306223 501(C)(3) 94324 SUPPORT HEALTH COALITION. HEALTH ACCESS FOUNDATION 414 13TH STREET SUITE 450 OAKLAND CA 94612 930957949 501(C)(3) 212500 SUPPORT FOR HEALTHCARE COALITION. 14 0 CRITERIA FOR SELECTING PROJECTS FOR FUNDING SCHEDULE I, PART I, LINE 2 THE CRITERIA FOR SELECTING PROJECTS FOR FUNDING THROUGH THE COLSTON E. WARNE SMALL GRANTS PROGRAM INCLUDE THE FOLLOWING: 1. 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. 2. 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. 3. 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. 4. 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. 5. WE ARE ESPECIALLY INTERESTED IN PROJECTS THAT PROVIDE DIRECT BENEFITS TO LOW-INCOME AND MINORITY CONSUMERS. 6. WHERE POSSIBLE, PROJECTS SHOULD OBTAIN MATCHING FUNDS AND/OR LEVERAGE IN-KIND RESOURCES FROM OTHER SOURCES. 7. 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. 8. 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] X X X X X true true false false false false false false false JAMES A GUEST 467005 0 104750 0 5593 0 19722 0 42220 0 639290 0 0 JOHN SATEJA 411899 0 15000 0 1894 0 16591 0 46343 0 491727 0 0 RICHARD GANNON 361367 0 0 0 7387 0 11995 0 46343 0 427092 0 0 RAHUL BELANI 321245 0 3340 0 14471 0 4519 0 46343 0 389918 0 0 JAMIE DARNOW 278028 0 0 0 1471 0 0 0 42907 0 322406 0 0 EILEEN HERSHENOV 296929 0 0 0 6280 0 6401 0 46343 0 355953 0 0 KEVIN MCKEAN 307235 0 0 0 2341 0 7190 0 46343 0 363109 0 0 JEROLD STEINBRINK 313349 0 0 0 1525 0 6204 0 43543 0 364621 0 0 LIAM MCCORMACK 257966 0 0 0 532 0 0 0 34156 0 292654 0 0 MICHAEL D'ALESSANDRO 257740 0 0 0 660 0 2245 0 45746 0 306391 0 0 CHRISTOPHER MEYER 245662 0 0 0 816 0 1046 0 46343 0 293867 0 0 EUGENE KIMMELMAN 64332 0 0 0 203164 0 0 0 29886 0 297382 0 0 PAIGE AMIDON 252232 0 1000 0 1013 0 16500 0 75073 0 345818 0 0 0 SEVERANCE PAYMENTS AND UNQUALIFIED PLAN BENEFITS SEVERANCE PAYMENTS - GENE KIMMELMAN - $146,193 PARTICIPATION IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN - DEFERRED COMPENSATION JAMES GUEST - $19,722 JOHN SATEJA - $16,591 RICHARD GANNON - $11,995 RAHUL BELANI - $4,519 EILEEN HERSHENOV - $6,401 KEVIN MCKEAN - $7,190 JEROLD STEINBRINK - $6,204 MICHAEL D'ALESSANDRO - $2,245 CHRISTOPHER MEYER - $1,042 PAIGE AMIDON - $16,500 CITY OF YONKERS INDUSTRIAL DEVEL AGENCY 131776434 986083BN2 2005-12-22 47300000 MULTI-MODAL CIVIC FACILITY REV false false 47300000 0 0 0 2254188 0 10000000 2006 true false true true false false false false false 0.00000 0.00000 0.00000 true false true true MORGAN STANLEY 30.5 false false false X 11 81390 FAIR MARKET VALUE false true true USE OF THIRD PARTIES SCHEDULE M, LINE 32B CONSUMERS UNION UTILIZES A BROKER TO SELL PUBLIC SECURITIES OBTAINED THROUGH NON-CASH CONTRIBUTIONS. CU ALSO USES REAL ESTATE AGENTS TO ASSIST IN THE SALE OF ANY REAL PROPERTY DONATED. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4 CONSUMER 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 5/31/10 INCLUDE CONSUMER REPORTS 3,873,401; CONSUMER REPORTS ON HEALTH 601,502; CR ONLINE 3,242,994; CONSUMER REPORTS MONEY ADVISER 208,200; AUTO PREMIUM 43,014; SHOP SMART 151,480 AND CONSUMER REPORTS MEDICAL GUIDE 122,534. 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 CONSUMER 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 EVALUATE HOW THE PRODUCTS PERFORM AND ADVISE CONSUMERS ON THE EXTENT TO WHICH THEY ARE CONVENIENT, SAFE, AND ECONOMICAL. DURING THE FISCAL YEAR ENDED 5/31/10, CONSUMERS UNION OF US INC. CONDUCTED TESTS ON MORE THAN 3,000 SAMPLES OF VARIOUS CONSUMER PRODUCTS, MAKING USE OF 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 HEALTH AND EVIDENCED BASED MEDICINE 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), SPANISH LANGUAGE CONSUMER EDUCATIONAL 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 ACCOMPLISHMENT INCLUDE: A) HEALTH INFORMATION - CONSUMERS UNION'S HEALTH RATING CENTER (HTTP://WWW.CONSUMERREPORTS.ORG/HEALTH/HOME.HTM) CONTINUES TO EXPAND ITS RATINGS OF HOSPITAL AND TREATMENTS TO PROVIDE THE BEST COMPARATIVE DATA ON HEALTHCARE. THE CENTER PARTNERED WITH THE SOCIETY FOR THORACIC SURGEONS TO RELEASE CLINICAL QUALITY MEASURES AND IS EXPLORING FURTHER OPPORTUNITIES TO PARTNER WITH OUTSIDE ORGANIZATIONS TO DEVELOP AND DISSEMINATE DATA WITH THE INTENT OF PROVIDING CONSUMERS IMPORTANT INFORMATION AND USING THE MEASURES TO IMPROVE THE QUALITY OF CARE. - BEST BUY DRUGS (BBD) CONSUMERS UNION PUBLISHED TWO NEW BEST BUY DRUGS REPORTS, ANTI-NAUSEA & MUSCLE RELAXANTS. CU ALSO PUBLISHED AN UPDATE TO THE STATIN'S REPORT AND PUBLISHED ARTICLES ON DRUG SAFETY AND OFF-LABEL USE. BBD IS DEVELOPING NEW PARTNERSHIPS IN AN EFFORT TO REACH A WIDER RANGE OF SPECIAL NEEDS AUDIENCES SUCH AS SENIOR AND SPANISH SPEAKING AUDIENCES. B) SAFETY - THE SCHOOL SAFETY ALERT PROGRAM THE SCHOOL SAFETY ALERT PROGRAM ALERTS PARENTS, SCHOOL ADMINISTRATORS, AND EDUCATORS IMMEDIATELY TO IMMINENT DANGERS AND ALLOWS THEM TO REMOVE POTENTIALLY DANGEROUS, EVEN LETHAL PRODUCTS FROM THEIR HOMES AND SCHOOLS. CONSUMERS UNION HOSTS A LANDING PAGE (HTTP://BLOGS.CONSUMERREPORT.ORG/SAFETYALERTS/ABOUT.HTML) WITH DAILY RECALL UPDATES THAT SCHOOLS, PARENTS, TEACHERS AND CAREGIVERS CAN ALSO RECEIVE THROUGH MOBILE AND WEB ALERTS. TO FURTHER THE REACH OF THE SCHOOL SAFETY ALERT PROGRAM, CONSUMERS UNION, ALONG WITH THE NATIONAL PTA AND THE NATIONAL SCHOOL BOARDS ASSOCIATION, CONVENED A NUMBER OF ORGANIZATIONS REPRESENTING SCHOOL ADMINISTRATORS, EDUCATORS, HEALTH OFFICIALS AND SCHOOL-BASED VOLUNTEER ORGANIZATIONS TO FORM A NATIONAL SCHOOL SAFETY COALITION. - SAFE MARKETPLACE PROGRAM DISSEMINATES IMPORTANT SAFETY INFORMATION VIA HIGH-TECH VIDEO AT POINT-OF-SALE IN-STORE VIDEOS, KIOSKS, AND WEBSITES. RETAILER LOCATIONS CURRENTLY INCLUDE: WAL-MART, COSTCO, SAM'S CLUB, BJ'S, MEIJER, FRED MEYERS, FRY'S, ALBERTSON'S, SHAW'S, SHOPRITE ACME, PATHMARK, JEWEL-OSCO (AND WE ARE WORKING TO INCLUDE ADDITIONAL RETAILER LOCATIONS). WEBSITE ONLY: TOYS "R" US. C) PROJECTS EITHER DISCONTINUED OR BEING PHASED OUT - THE CONSUMER REPORTS CLASSROOM PROGRAM OFFERS DISCOUNTED SUBSCRIPTIONS FOR STUDENTS IN CLASS SETS OF 20 OR MORE, ACCOMPANIED BY A FREE SUBSCRIPTION FOR TEACHERS, A FREE TEACHING GUIDE AND ANNUAL BUYING GUIDE, AVAILABLE THROUGH WWW.CONSUMERREPORTS.ORG/CLASSROOM. (PROJECT ENDED; HOWEVER, THE TEACHER'S GUIDE IS STILL AVAILABLE). - CONSUMER REPORTS WEB WATCH (CONSUMERWEBWATCH.ORG), (DISCONTINUED; SITE STILL AVAILABLE TO PUBLIC). - EDUCATION OUTREACH PARTNERSHIPS: 1) DIGITAL TELEVISION CONVERSION: (PROJECT ENDED WITH COMPLETION OF DIGITAL). 2) LITERACY VOLUNTEERS OF AMERICA: (PROJECT ENDED). 3) NEW READER PRESS: SYNDICATED SELECT CONSUMER REPORTS CONTENT FOR "NEWS FOR YOU". (PROJECT ENDED IN SPRING 2009). 4) AD COUNCIL: (PROJECT ENDED). GRANTS: CONSUMERS UNION OF US INC. MAKES GRANTS TO OTHER NONPROFIT ORGANIZATIONS THAT CONDUCT ACTIVITIES THAT ARE SIMILAR AND RELATED TO CONSUMERS UNION OF US INC. EXEMPT PURPOSES. DURING THE FISCAL YEAR END 5/31/10, CONSUMERS UNION OF US INC. MADE 20 SUCH GRANTS. 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, 2010, WHICH WAS PREPARED IN ACCORDANCE WITH GAAP. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 10 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 KPMG IN COORDINATION WITH CU FINANCE MANAGEMENT, IT IS REVIEWED BY THE CONTROLLER AND CFO BEFORE IT IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. A COMPLETE COPY OF THE FORM 990, AS IT WILL BE FILED WITH THE IRS, IS 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. 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