2024-08-07T12:40:07-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 1188 PADRE DRIVE STE 101 SALINAS CA 93901 990 2022-10-01 770555859 RANCHO CIELO INC RANC 8314443533 PO BOX 6948 SALINAS CA 93912 CHRIS DEVERS CEO 8314443533 2024-08-05 1 1 AUTUMN ROSSI P01404602 8317596300 2024-07-24 2022 2024-08-08 14:25:15Z CHRIS DEVERS PO BOX 6948 SALINAS CA 93912 8126073 0 X WWW.RANCHOCIELOYC.ORG X 2000 CA TO PARTNER WITH OUR COMMUNITY TO PROVIDE A SAFE CAMPUS TO DELIVER PROGRAMS AND SERVICES THAT INSPIRE AT RISK YOUTH TO LEARN NEW SKILLS, GAIN SELF-ESTEEM AND CONFIDENCE. 21 21 82 350 10243 8243 3929915 4927189 259052 296751 68887 202458 691215 989219 4949069 6415617 27100 1250 0 0 2337548 3294041 0 0 612840 1931272 2376419 4295920 5671710 653149 743907 19341540 20506232 392362 756026 18949178 19750206 X TO PARTNER WITH OUR COMMUNITY TO PROVIDE A SAFE CAMPUS TO DELIVER PROGRAMS AND SERVICES THAT INSPIRE AT RISK YOUTH TO LEARN NEW SKILLS, GAIN SELF-ESTEEM AND CONFIDENCE. 0 0 867807 167256 DRUMMOND CULINARY ACADEMYEXECUTIVE CHEF TAKES THE STUDENTS THROUGH A NATIONALLY-RECOGNIZED CULINARY ARTS CURRICULUM, INCLUDING SAFE FOOD HANDLERS CERTIFICATION. THE TEN-MONTH PROGRAM, SPLIT BETWEEN THE KITCHEN AND THE JOHN MUIR CHARTER HIGH SCHOOL ACADEMIC CLASSROOM, RESULTS IN A CULINARY CERTIFICATE AND A HIGH SCHOOL DIPLOMA. STUDENTS WILL COMPLETE A 200 HOUR EXTERNSHIP PROGRAM WORKING WITH LOCAL RESTAURANTS TO GAIN ADDITIONAL EMPLOYMENT EXPERIENCE. THE PROGRAM OFFERS JOB READINESS TRAINING, AS WELL AS PLACEMENT AND REFERRAL SERVICES FOR GRADUATES. 768745 CONSTRUCTION & SUSTAINABLE DESIGN ACADEMY IN THE CONSTRUCTION & SUSTAINABLE DESIGN ACADEMY, STUDENTS ACHIEVE NATIONALLY RECOGNIZED CONSTRUCTION CERTIFICATES WHILE GAINING HANDS-ON EXPERIENCE IN BUILDING SMALL, SUSTAINABLE HOMES. A HIGH SCHOOL DIPLOMA IS GAINED THRU PARTNERSHIP WITH JOHN MUIR CHARTER SCHOOLS. JOB READINESS, JOB REFERRAL AND PLACEMENT ARE ALSO PART OF THE PROGRAM. 730746 1250 1253 AG TECHNOLOGY & MECHANTRONICS AND OTHER PROGRAMSRANCHO CIELO'S AG TECHNOLOGY & MECHATRONICS PROGRAM INTRODUCES ELECTRO-MECHANICAL FUNDAMENTALS, APPLICATIONS, AND TECHNOLOGIES IN MODERN AGRICULTURAL PRODUCTION. A HIGH SCHOOL DIPLOMA IS GAINED THRU PARTNERSHIP WITH JOHN MUIR CHARTER SCHOOLS. JOB READINESS, JOB REFERRAL AND PLACEMENT ARE ALSO PART OF THE PROGRAMS. 685038 128242 YOUTH CORPSA CREW-BASED EMPLOYMENT PROGRAM FOR YOUNG PEOPLE 18-24 WHO HAVE TRADITIONALLY BEEN CONSIDERED THE "HARDEST TO EMPLOY." DEPENDABILITY, TEAMWORK, RESPECT, PUNCTUALITY AND OTHER JOB RETENTION SKILLS ARE A KEY PART OF THIS JOB READINESS EMPLOYMENT PROGRAM. OUR CREWS LEARN THROUGH THEIR INVOLVEMENT IN A VARIETY OF CONSTRUCTION PROJECTS THAT TEACH EVERYTHING FROM WORK ETHICS TO COMPLEX CONSTRUCTION SKILLS. THEY ARE EMPLOYED BY RANCHO CIELO DURING THEIR TENURE IN THE YOUTH CORPS. THIS PROGRAM IS CRITICAL TO THE CULTURAL CHANGE WE ARE TRYING TO AFFECT, PROVIDING YOUTH WITH POSITIVE OPPORTUNITIES TO LEARN NEW SKILLS AND SELF-SUFFICIENCY. 551040 AUTO & DIESEL REPAIRTHROUGH RANCHO CIELO'S AUTO & DIESEL REPAIR PROGRAM, STUDENTS DEVELOP AUTOMOTIVE KNOWLEDGE AND A BASIC LEVEL OF TRAINING IN THE SAFETY, SERVICING, AND MAINTENANCE OF GAS AND DIESEL ENGINE VEHICLES. ADDITIONALLY, STUDENTS BENEFIT FROM AN INTEGRATED CLASSIC CAR RESTORATION PROGRAM, WHICH PROVIDES AN OVERVIEW OF IGNITION AND ELECTRICAL SYSTEMS, BODY AND FENDER REPAIR AND PAINTING. A HIGH SCHOOL DIPLOMA IS GAINED THRU PARTNERSHIP WITH JOHN MUIR CHARTER SCHOOLS. JOB READINESS, JOB REFERRAL AND PLACEMENT ARE ALSO PART OF THE PROGRAM. 582407 WELDING & FABRICATIONIN RANCHO CIELO'S WELDING & FABRICATION PROGRAM, STUDENTS ATTAIN MASTERY IN A VARIETY OF WELDING METHODS, PREPARING THEM FOR ENTRY-LEVEL OCCUPATIONS IN THE WELDING INDUSTRY WHICH CAN OPEN DOORS IN A VARIETY OF RELATED INDUSTRIES AND CAREERS. A HIGH SCHOOL DIPLOMA IS GAINED THRU PARTNERSHIP WITH JOHN MUIR CHARTER SCHOOLS. JOB READINESS, JOB REFERRAL AND PLACEMENT ARE ALSO PART OF THE PROGRAM. 1818485 128242 4185783 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 68 0 1 82 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X SUZANNE ERDBACHER 8314443529 710 OLD STAGE RD SALINAS CA 93908 SUZANNE ERDBACHER CFO 40.00 X 119520 0 16261 CHRIS DEVERS CEO 40.00 X 130506 0 10609 SUSAN BLACK CHAIRMAN 1.00 X X 0 0 0 JESSE LOPEZ VICE CHAIRMAN 1.00 X X 0 0 0 MIKE ZIMMERMAN TREASURER 1.00 X X 0 0 0 LORRI KOSTER SECRETARY 1.00 X X 0 0 0 LUIS ALVAREZ DIRECTOR 1.00 X 0 0 0 GREGORY AHN DIRECTOR 1.00 X 0 0 0 JEFF COOK DIRECTOR 1.00 X 0 0 0 DON CHAPIN DIRECTOR 1.00 X 0 0 0 JANINE CHICOURRAT DIRECTOR 1.00 X 0 0 0 JORGE QUEZADA DIRECTOR 1.00 X 0 0 0 SAL GUTIERREZ DIRECTOR 1.00 X 0 0 0 DR SHYAM KAMATH DIRECTOR 1.00 X 0 0 0 MIKE AVILA DIRECTOR 1.00 X 0 0 0 BILL HAYWARD DIRECTOR 1.00 X 0 0 0 JAMIE KITZ DIRECTOR 1.00 X 0 0 0 LANCE BUCKELDEE DIRECTOR 1.00 X 0 0 0 JACQUELINE CRUZ DIRECTOR 1.00 X 0 0 0 CLEMENT MILLER DIRECTOR 1.00 X 0 0 0 WALT DUFLOCK DIRECTOR 1.00 X 0 0 0 JOHN PHILLIPS DIRECTOR 1.00 X 0 0 0 PATRICK AMARIS DIRECTOR 1.00 X 0 0 0 250026 0 26870 2 0 0 0 0 737783 978948 3210458 22111 4927189 CULINARY ACADEMY 611600 167256 167256 YOUTH CORPS 611600 128242 128242 BEE PROGRAM 611600 1253 1253 296751 81162 81162 508430 0 508430 508430 508430 1724000 1602704 121296 121296 121296 489497 737783 107752 381745 381745 MISCELLANEOUS INCOME 611600 99044 10243 88801 99044 6415617 296751 10243 1181434 1250 1250 324294 89028 190751 44515 2440499 1846078 328551 265870 33555 24521 680 8354 265236 199937 34196 31103 230457 172645 31165 26647 43415 143 43272 39165 39165 14739 14739 372268 229973 27836 114459 119089 49204 44486 25399 449686 402333 30076 17277 12203 11651 90 462 531299 510829 19798 672 116395 87113 26840 2442 PROGRAM COSTS 313875 308473 1447 3955 SUPPLIES 122927 112513 9144 1270 PUBLIC RELATIONS 82100 41934 18134 22032 VEHICLE EXPENSES 77496 77471 25 81762 20687 12692 48383 5671710 4185783 873087 612840 3588011 74503 890728 186213 640845 379242 180972 12146 7998 18852 647 16254163 3406167 11927472 12847996 696804 2827408 2532800 3035135 19341540 20506232 314310 683832 78052 72194 392362 756026 X 16088985 16560384 2860193 3189822 18949178 19750206 19341540 20506232 743907 57121 0 X X 0 1 X 1 0 X 2900228 3171587 3374905 3929915 4927189 18303824 135840 135840 135840 135840 135840 679200 3036068 3307427 3510745 4065755 5063029 18983024 6155 18976869 243585 264393 347170 398952 589592 1843692 191795 114728 249666 338787 470546 1365522 22192238 1338822 0.85510 0.85470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 834539 301364 74506 0 0 1210409 742407 274120 -158887 14420 8681 834539 246108 423154 87688 9395 5148 742407 241792 14768 7836 2616 246108 175500 56950 11637 2295 241792 0.00000 1.00000 0.00000 1 0 12644728 2053786 10590942 1624450 842397 782053 453868 233455 220413 1531117 276529 1254588 12847996 INVESTMENTS 2827408 C 2827408 PROMISE TO GIVE LAND LEASE 1647429 INVESTMENT AT COMMUNITY FOUNDATION 1387706 3035135 SECURITY DEPOSITS 24371 ACCRUED SCHOLARSHIPS 47823 72194 X 6607558 57121 41807 98928 6508630 14739 -107752 -93013 6415617 5806530 41807 107752 149559 5656971 14739 14739 5671710 PART V, LINE 4: THE ENDOWMENT FUND HAS BEEN ESTABLISHED TO PROVIDE OPERATIONAL SUPPORT TO THE ORGANIZATION. PART X, LINE 2: AS A TAX-EXEMPT NONPROFIT ORGANIZATION, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND FROM STATE FRANCHISE TAX UNDER CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D) BUT IS SUBJECT TO TAXES ON UNRELATED BUSINESS INCOME WHEN EARNED. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -107,752. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 107,752. VEGGIE BOX/BBQ 494810 280565 214245 8998 1250 CULINARY GALA 425905 257295 168610 7249 938 8353 3235 3 306565 199923 106642 1300 4088 9714 29530 33097 1227280 737783 489497 1300 11337 19650 37883 37582 107752 381745 ALVAREZ TECHNOLOGY GROUP BOARD MEMBER 8539 COMPUTER SERVICES 0 AVILA CONSTRUCTION CO BOARD MEMBER 29357 CONSTRUCTION 0 SUSAN BLACK BOARD MEMBER 200 GIFT CERTIFICATE PURCHASE 0 JANINE CHICOURRAT BOARD MEMBER 100 GIFT CERTIFICATE PURCHASE 0 DON CHAPIN COMPANY BOARD MEMBER 9635 CONSTRUCTION 0 HARTNELL COLLEGE BOARD MEMBER 2500 PARTY IN THE LIBRARY 0 HAYWARD LUMBER CO BOARD MEMBER 106953 CONSTRUCTION MATERIALS 0 PORTOLA HOTEL AND SPA BOARD MEMBER 9348 ACCOMODATIONS 0 MICHAEL & MICHELLE ZIMMERMAN BOARD MEMBER 100 GIFT CERTIFICATE PURCHASE 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY CREATE OR THE CHAIR MAY APPOINT ONE OR MORE COMMITTEES. THE COMMITTEE SHALL BE COMPRISED OF NO FEWER THAN TWO DIRECTORS AND IS TO SERVE AT THE PLEASURE OF THE BOARD OF DIRECTORS OR CHAIR OF THE BOARD. APPOINTMENTS TO SUCH COMMITTEES SHALL BE BY THE CHAIR OF THE BOARD. ONE OR MORE DIRECTORS MAY BE APPOINTED AS ALTERNATE MEMBERS OF ANY SUCH COMMITTEE, WHO MAY REPLACE ANY ABSENT MEMBER AT ANY MEETING OF THE COMMITTEE. THE CHAIR OF THE BOARD IS AN EX OFFICIO MEMBER OF ALL COMMITTEES, AND MAY ATTEND ANY COMMITTEE MEETINGS IN THAT CAPACITY. NO COMMITTEE MAY DO ANY OF THE FOLLOWING: (A) TAKE ANY FINAL ACTION ON ANY MATTER THAT, UNDER THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW, REQUIRES THE APPROVAL OF THE MEMBERS OR APPROVAL OF A MAJORITY OF MEMBERS OF A NONPROFIT PUBLIC BENEFIT CORPORATION (NOTWITHSTANDING THAT THIS CORPORATION HAS NO MEMBERS); (B) ELECT DIRECTORS OR FILL VACANCIES ON THE BOARD OF DIRECTORS; (C) FIX COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OF DIRECTORS OR ANY COMMITTEE OF THE BOARD OF DIRECTORS; (D) AMEND OR REPEAL BYLAWS OR ADOPT NEW BYLAWS; (E) AMEND OR REPEAL ANY RESOLUTION OR ACTION TAKEN BY THE BOARD OF DIRECTORS THAT BY ITS EXPRESS TENNS IS NOT SO AMENDABLE OR REPEALABLE; (F) CREATE ANY OTHER COMMITTEES OF THE BOARD OF DIRECTORS OR APPOINT THE MEMBERS OF COMMITTEES OF THE BOARD OF DIRECTORS, INCLUDING ANY APPOINTMENTS TO FILL VACANCIES ON COMMITTEES OF THE BOARD OF DIRECTORS; (G) EXPEND CORPORATE FUNDS TO SUPPORT A NOMINEE FOR DIRECTOR; OR, (H) APPROVAL OF ANY CONTRACT OR TRANSACTION IN WHICH ONE OR MORE DIRECTORS HAS A DIRECT OR INDIRECT MATERIAL FINANCIAL INTEREST, EXCEPT AS PERMITTED UNDER SECTION 5233(D)(3) OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW AND THE CORPORATION'S CONFLICT OF INTEREST POLICY. MEETINGS AND ACTIONS OF COMMITTEES OF THE BOARD OF DIRECTORS SHALL BE GOVERNED BY, HELD AND TAKEN UNDER THE PROVISIONS OF ARTICLE IV OF THE BYLAWS APPLICABLE TO MEETINGS AND ACTIONS OF THE BOARD OF DIRECTORS; EXCEPT THAT THE CALLING OF SPECIAL MEETINGS OF COMMITTEES CAN BE SET EITHER BY BOARD RESOLUTION OR THE RESOLUTION OF THE COMMITTEE. THE TIME AND PLACE FOR MEETINGS OF COMMITTEES SHALL BE AT THE PRINCIPAL OFFICE OF THE CORPORATION, UNLESS OTHERWISE APPROVED BY THE BOARD OF DIRECTORS OR THE COMMITTEE. THE BOARD MAY ADOPT RULES FOR THE GOVERNANCE OF ANY COMMITTEE AS ARE CONSISTENT WITH THESE BYLAWS. IF THE BOARD OF DIRECTORS HAS NOT ADOPTED RULES, THE COMMITTEE MAY DO SO. THE CHAIR OF EACH COMMITTEE SHALL CAUSE TO BE KEPT ADEQUATE MINUTES OF COMMITTEE PROCEEDINGS AND PROVIDE COPIES OF SUCH MINUTES TO THE MEMBERS OF THE BOARD OF DIRECTORS IN A TIMELY FASHION AND REGULARLY REPORT TO THE BOARD OF DIRECTORS ON THE ACTIONS TAKEN BY SUCH COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE ANNUAL FORM 990 IS REVIEWED BY THE TREASURER AND THE FINANCE COMMITTEE OF THE ORGANIZATION AS DIRECTED BY THE BOARD OF DIRECTORS IN ACCORDANCE WITH POLICY, BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON SHALL MEAN ANY DIRECTOR, OFFICER, KEY EMPLOYEE OR ANY COMMITTEE MEMBER REGARDLESS OF WHETHER SUCH PERSON IS A DIRECTOR, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN A CONTEMPLATED TRANSACTION OR ARRANGEMENT. A CONFLICT OF INTEREST MAY EXIST WHEN AN INTERESTED PERSON HAS, DIRECTLY OR INDIRECTLY, A FINANCIAL INTEREST IN ANY TRANSACTION OR ARRANGEMENT UNDER CONSIDERATION BY ANY OFFICER, THE BOARD OR ANY COMMITTEE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST FULLY DISCLOSE ALL MATERIAL FACTS RELATED TO THE RELATIONSHIPS AND/OR FINANCIAL OR OTHER INTERESTS THAT GIVE RISE TO THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE MADE TO THE BOARD, THE EXECUTIVE COMMITTEE OR ANY OFFICER(S) CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A DIRECTOR, OFFICER, KEY EMPLOYEE OR COMMITTEE MEMBER BECOMES AWARE OF ANY POTENTIAL CONFLICT OF INTEREST RELATED TO ANOTHER DIRECTOR, OFFICER, KEY EMPLOYEE OR COMMITTEE MEMBER, HE OR SHE SHALL BRING IT TO THE ATTENTION OF THE CHAIRPERSON OF THE BOARD OR THE EXECUTIVE COMMITTEE IMMEDIATELY. THE BOARD OR EXECUTIVE COMMITTEE (SUBJECT TO SUBSEQUENT BOARD RATIFICATION) MAY DETERMINE THAT THE FINANCIAL OR OTHER INTEREST IS NOT MATERIAL AND THAT, THEREFORE, THERE IS NO ACTUAL OR POTENTIAL CONFLICT OF INTEREST. IF THE BOARD OR THE EXECUTIVE COMMITTEE (SUBJECT TO SUBSEQUENT BOARD RATIFICATION) DETERMINES THAT THERE IS NO ACTUAL OR POTENTIAL CONFLICT OF INTEREST, NO VOTE OF THE BOARD OR THE EXECUTIVE COMMITTEE SHALL BE REQUIRED TO PROCEED WITH THE TRANSACTION OR ARRANGEMENT. IF THE BOARD OR THE EXECUTIVE COMMITTEE DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS, THE BOARD OR THE EXECUTIVE COMMITTEE (SUBJECT TO SUBSEQUENT RATIFICATION BY THE BOARD) MAY AUTHORIZE OR APPROVE THE TRANSACTION OR ARRANGEMENT PURSUANT TO THE PROCEDURES SET FORTH IN SECTION 4 OF THE CONFLICT OF INTEREST POLICY. IF THE EXECUTIVE COMMITTEE MAKES A DETERMINATION THAT NO ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS IN CONNECTION WITH A PROPOSED TRANSACTION OR ARRANGEMENT SUCH FINDING SHALL BE REVIEWED AND, IF APPROPRIATE, RATIFIED BY THE BOARD AT ITS NEXT MEETING. PROCEDURES FOR ADDRESSING A CONFLICT OF INTEREST: IF THE BOARD OR EXECUTIVE COMMITTEE DETERMINES THAT THERE IS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE BOARD OR EXECUTIVE COMMITTEE SHALL PROCEED AS FOLLOWS: A. THE INTERESTED PERSON(S) SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT, PROVIDED THAT SUCH INTERESTED PERSON(S) SHALL BE GIVEN THE OPPORTUNITY TO ADDRESS THE MEETING WITH RESPECT TO THE TRANSACTION OR ARRANGEMENT BEFORE LEAVING THE MEETING. B. THE BOARD OR EXECUTIVE COMMITTEE MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT BEFORE VOTING ON SUCH TRANSACTION OR ARRANGEMENT. C. THE BOARD, ACTING IN GOOD FAITH, MAY AUTHORIZE OR APPROVE THE TRANSACTION OR ARRANGEMENT BY VOTE OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE WITHOUT COUNTING THE VOTE OF ANY DIRECTOR WHO HAS A MATERIAL FINANCIAL INTEREST IN THE TRANSACTION OR ARRANGEMENT (ALTHOUGH SUCH DIRECTOR(S) MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM) AFTER DETERMINING THE FOLLOWING: I. THAT THE BOARD HAS KNOWLEDGE OF ALL MATERIAL FACTS CONCERNING THE TRANSACTION OR ARRANGEMENT AND THE FINANCIAL INTEREST OF ANY INTERESTED PERSON IN SUCH TRANSACTION OR ARRANGEMENT; II. THAT THE BOARD IS ACTING IN GOOD FAITH; III. THAT THE CORPORATION IS ENTERING INTO THE TRANSACTION FOR ITS OWN BENEFIT; IV. THAT THE TRANSACTION IS (OR WAS) FAIR AND REASONABLE TO THE CORPORATION AT THE TIME THE CORPORATION WILL (OR DID) ENTER INTO IT; AND, V. THAT, AFTER REASONABLE INVESTIGATION UNDER THE CIRCUMSTANCES, THE CORPORATION CANNOT OBTAIN A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES FROM A PERSON OR ENTITY THAT DOES NOT HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. D. IF IT IS NOT REASONABLY PRACTICABLE TO OBTAIN APPROVAL OF THE BOARD PRIOR TO ENTERING INTO A TRANSACTION OR ARRANGEMENT, THE EXECUTIVE COMMITTEE, ACTING IN GOOD FAITH, MAY AUTHORIZE OR APPROVE THE TRANSACTION OR ARRANGEMENT PRIOR TO ITS CONSUMMATION IF THE TOTAL VALUE OF SUCH TRANSACTION OR ARRANGEMENT IS $25,000 OR LESS, BY VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS ON THE EXECUTIVE COMMITTEE AFTER MAKING THE DETERMINATIONS SET FORTH IN SUBPARAGRAPHS I. THROUGH V. OF SUBSECTION 4.C. ABOVE; PROVIDED THAT THE BOARD RATIFIES THE TRANSACTION OR ARRANGEMENT AT ITS NEXT MEETING PURSUANT TO THE PROCEDURES SET FORTH IN SUBSECTION 4.C. ABOVE. FORM 990, PART VI, SECTION B, LINE 15 AS REQUIRED BY GOVERNMENT CODE 12586(G), THE BOARD OF DIRECTORS (OR AN AUTHORIZED COMMITTEE OF THE BOARD OF DIRECTORS) SHALL APPROVE THE COMPENSATION, INCLUDING BENEFITS, PAID TO THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER (AND ANY OFFICER WITH COMPARABLE DUTIES) TO ENSURE THAT SUCH COMPENSATION IS JUST AND REASONABLE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THOSE INTERESTED CAN CONTACT THE ORGANIZATION FOR THIS INFORMATION. THE ANNUAL 990 RETURN IS ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.