2024-11-14T22:58:59-05:00 2024-06-30 205788602 GLASER AND COMPANY LLC 1859 SUMMERVILLE AVE STE 800 CHARLESTON SC 29405 990 2023-07-01 570439524 THE PRESERVATION SOCIETY OF CHARLESTON INC PRES 8437224630 147 KING STREET CHARLESTON SC 29401 BRIAN TURNER PRESIDENT AND CEO 8437224630 2024-11-14 false ERIK M GLASER CPA P00724565 8438490179 2024-11-14 2023 2024-10-15 13:58:12Z BRIAN TURNER 147 KING STREET CHARLESTON SC 29401 9694374 false X WWW.PRESERVATIONSOCIETY.ORG X 1920 SC THE PRESERVATION SOCIETY OF CHARLESTON IS DEDICATED TO THE PRESERVATION AND ENJOYMENT OF CHARLESTON'S DISTINCT CHARACTER, QUALITY OF LIFE AND DIVERSE NEIGHBORHOODS. 21 21 32 165 0 1069723 1232107 308685 235313 -359221 335574 1105359 1027685 2124546 2830679 0 0 1371615 1480960 0 395380 932351 986757 2303966 2467717 -179420 362962 10131018 11042958 123078 87500 10007940 10955458 X THE PRESERVATION SOCIETY OF CHARLESTON IS DEDICATED TO THE PRESERVATION AND ENJOYMENT OF CHARLESTON'S DISTINCT CHARACTER, QUALITY OF LIFE AND DIVERSE NEIGHBORHOODS. false false 1211533 235313 ADVOCACY THE PRESERVATION SOCIETY OF CHARLESTON (PSC) WORKS TO PROTECT CHARLESTON'S HISTORIC BUILDINGS, CULTURAL RESOURCES AND COMMUNITIES BY PROMOTING BETTER DEVELOPMENT PRACTICES, FLOOD MITIGATION, AND TOURISM MANAGEMENT. WE SUPPORT A MORE LIVABLE, SUSTAINABLE FUTURE FOR CHARLESTON THROUGH ADVOCACY, EDUCATION, AND COMMUNITY ENGAGEMENT. THE PSC IS IN A UNIQUE POSITION TO ANALYZE AND EXPLAIN THE CONNECTIONS BETWEEN PLANNING AND ZONING DECISIONS AND THE QUALITY OF LIFE FOR PEOPLE WHO LIVE AND WORK IN CHARLESTON. THROUGH REGULAR COMMUNICATION (BOTH ELECTRONIC AND PRINT) AND AN INFORMATIVE AND VERSATILE WEBSITE, THE PSC ALERTS CITIZENS TO THE ISSUES, ENCOURAGING THEM TO ENGAGE WITH THEIR PUBLIC (CONT. ON SCH O) 601679 RETAIL SHOP THE RETAIL OPERATION OF THE SOCIETY IS COMPRISED OF A BRICKS-AND-MORTAR SHOP AND GROWING ONLINE PRESENCE AND IS STAFFED BY A GROUP OF GIFTED EMPLOYEES. THE SHOP FEATURES THE WORK OF LOCAL "MAKERS" FROM FEATHER BRACKISH BOW TIES TO A LINE OF LOCALLY CRAFTED HANDBAGS. MORE THAN EVER ALIGNED WITH THE PSC'S MISSION OF ADVOCATING FOR WHAT IS TRULY AUTHENTIC AND REAL IN CHARLESTON, THE RETAIL OPERATION BOTH STABILIZES THE ORGANIZATION'S CASH FLOW AND FURTHERS ITS WORK, ENROLLING NEW MEMBERS AND EDUCATING THE PUBLIC ABOUT THE PSC'S MISSION. (CONT. ON SCH. 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FURTHER, THE SOCIETY HAS ESTABLISHED FOUR DONOR RESTRICTED ENDOWMENTS FOR ADVOCACY AND CIVIC ENGAGEMENT, THE ELIZABETH CAHILL LECTURE SERIES ENDOWMENT, AND TWO GENERAL OPERATIONS ENDOWMENTS. SCHEDULE D, PAGE 4, PART XII, LINE 2D BAD DEBT EXPENSE 30,410 X X X false false false false false false false false false BRIAN TURNER PRESIDENT AND CEO 151346 1500 6986 16506 176338 X 1 57538 X 1 5130 false false false FORM 990, PAGE 1, PART I, LINE 6 THE PRESERVATION SOCIETY OF CHARLESTON, FOUNDED IN 1920, WAS THE NATION'S FIRST GRASSROOTS HISTORIC PRESERVATION ORGANIZATION. FOR OVER A CENTURY, PASSIONATE AND DEDICATED CITIZENS HAVE BEEN VOLUNTEERING THEIR TIME AND EXPERTISE TO HELP ADVANCE THE PSC'S MISSION TO PRESERVE CHARLESTON'S DISTINCT CHARACTER, QUALITY OF LIFE, AND DIVERSE NEIGHBORHOODS. BENEFITS: JOIN A COMMUNITY OF LIKE-MINDED VOLUNTEERS THAT ARE PASSIONATE ABOUT CHARLESTON'S HISTORY, ARCHITECTURE, LANDSCAPES, AND CULTURE. ENHANCE YOUR INTERPRETATION SKILLS AND LEARN MORE ABOUT PRESERVATION IN CHARLESTON. GET A BEHIND-THE-SCENES LOOK AT PRIVATE, HISTORIC HOUSES AND GARDENS ON TOUR. RECEIVE 2 VIP TICKETS TO ANY SATURDAY HOUSE & GARDEN TOURS IN 2023-2024. INVITATION TO ANNUAL VOLUNTEER APPRECIATION PARTY. REQUIREMENTS: APPLICANTS MUST BE A CURRENT MEMBER OF THE PRESERVATION SOCIETY OF CHARLESTON AND MUST BE 18 YEARS OR OLDER. ALL VOLUNTEERS MUST COMPLETE A SERIES OF TRAINING VIDEOS AND ORIENTATION MEETINGS. PHYSICAL REQUIREMENTS INCLUDE STANDING/WALKING OUTSIDE FOR SEVERAL HOURS AT A TIME. FORM 990, PART III CONTINUNED FROM PAGE 2, PART III, LINE 4A OFFICIALS, AND TO HAVE A VOICE IN THE PUBLIC PROCESS. ADDITIONAL ASPECTS OF OUR ADVOCACY WORK INCLUDE: SUSTAINABLE GROWTH AND DEVELOPEMENT BY DESIGN WITH INTENSE PRESSURE FOR NEW, LARGE-SCALE DEVELOPMENT IS IMPACTING EVERY MAJOR CITY IN AMERICA, AND CHARLESTON IS NO EXCEPTION. THE RAPID CHARLESTON POPULATION GROWTH REQUIRES ADDED VIGILANCE TO PROMOTE SUSTAINABLE DEVELOPMENT PATTERNS AND PRESERVATION OF THE CITYS UNIQUE ARCHITECTURAL CHARACTER. THE COMMUNITY MUST WORK TOGETHER TO ENSURE CHARLESTON DOESNT BECOME ANYWHERE, USA. CHARLESTON HAS LONG BEEN A PIONEER IN HISTORIC PRESERVATION. IN 1931, URGED BY THE PSC, THE CITY PASSED THE NATIONS FIRST ZONING ORDINANCE TO PROTECT HISTORIC BUILDINGS. FOR NEARLY A CENTURY, OUR BOARD OF ARCHITECTURAL REVIEW HAS BEEN A MODEL FOR CITIES AROUND THE COUNTRY, TASKED WITH REVIEWING APPLICATIONS FOR DEMOLITIONS, ALTERATIONS, AND NEW CONSTRUCTION WITHIN AN AREA COVERING OVER 1,000 ACRES. YET, CHARLESTONS DESIRABILITY IN THE MODERN ERA HAS WROUGHT MAJOR NEW CHALLENGES. CITY BOARDS AND COMMISSIONS TASKED WITH MANAGING GROWTH ARE INUNDATED WITH REQUESTS THAT ARE EVER-INCREASING IN SIZE AND COMPLEXITY. IN THE LAST SEVERAL YEARS, THERE HAS BEEN A NOTED UPTICK IN PROPOSALS THAT ARE INCOMPATIBLE WITH ENVIRONMENTAL REALITIES AND THE CHARACTER CHARLESTON HAS FOUGHT TO SUSTAIN FOR OVER 100 YEARS. THE PSCS VISION FOR GROWTH PUTS THE RESPONSIBILITY ON DEVELOPERS TO DEMONSTRATE HOW THEIR PROJECT CONTRIBUTES TO OUR UNIQUE HISTORIC CITY. THE FOCUS OF OUR LAND-USE POLICIES MUST BE ON CREATING A CITY THAT WORKS FOR PEOPLE, EMBRACING HUMANISTIC AND RESILIENT DESIGN, NOT SIMPLY WHATEVER WILL MOST PROFITABLY EXPAND THE TAX BASE. FLOODING CHARLESTONS CONNECTION TO THE SEA IS INTEGRAL TO ITS IDENTITY. YET WATER IS A BLESSING AND A CURSE FOR OUR BUILT ENVIRONMENT. WE MUST ADDRESS A COMPLEX SUITE OF FLOODING CHALLENGES THAT THREATEN OUR HISTORIC CITY INCLUDING STORM SURGES, KING TIDES, AND GROUNDWATER INUNDATION. SUCCESSFUL MANAGEMENT OF FLOODING IN CHARLESTON REQUIRES US TO CONTINUOUSLY PRESS OUR PUBLIC OFFICIALS TO MANAGE GROWTH WISELY AND INVEST IN CRITICAL INFRASTRUCTURE TO PROTECT LIFE AND PROPERTY. IN THE LAST SEVERAL YEARS, THE IMPACTS TO OUR ALREADY FLOOD-PRONE CITY HAVE BEEN NOTICEABLY ACCENTUATED BY THE RAPID GROWTH OF OUR BUILT ENVIRONMENT AND SEA-LEVEL RISE. TIME IS OF THE ESSENCE TO ENSURE THAT THE CITYS GROWTH DOES NOT COMPROMISE ITS RESILIENCE. THE PSC IS COMMITTED TO FINDING SOLUTIONS THAT BEST SAFEGUARD OUR COMMUNITY AND THE HERITAGE IT STEWARDS FROM INCREASING FLOOD EVENTS AND CLIMATE CHANGE. CHARLESTONS DISTINCT CHARACTER, QUALITY OF LIFE, AND DIVERSE NEIGHBORHOODS ARE ALL AT RISK IF WE AVOID THE CONTINUOUS NEED FOR COMPREHENSIVE FLOOD RISK MITIGATION. TOURISM MANAGEMENT THE PRESERVATION SOCIETY IS A COMMITTED ADVOCATE FOR SUSTAINABLE TOURISM. THE CITY WAS A PIONEER WHEN IT ADOPTED THE NATIONS FIRST LOCAL TOURISM MANAGEMENT PLAN IN 1978, BUT IN RECENT YEARS HAS MISSED OPPORTUNITIES TO MODERNIZE ITS POLICIES AND PROGRAMS. KEY CURRENT ISSUES IN CHARLESTON TOURISM THAT MUST BE ADDRESSED INCLUDE HOUSING AFFORDABILITY, THE LOSS OF NEIGHBORHOOD BUSINESSES, AND INCREASING CONGESTION. TOURISM IS NOT NEW TO CHARLESTON. VISITATION TO HISTORIC BUILDINGS WAS AN IMPORTANT ECONOMIC DRIVER OF EARLY HISTORIC PRESERVATION EFFORTS IN THE 1920S. AND, AS THE CITY QUICKLY LEARNED, OVER-TOURISM CAN HAVE HARMFUL CONSEQUENCES. WHEN TOURISTS BEGAN WHISKING AWAY THE DECORATIVE ELEMENTS ADORNING THE CITYS HISTORIC DWELLINGS, THE PRESERVATION SOCIETY RESPONDED BY PRESSING FOR STRONGER CITY OVERSIGHT AND LATER ADOPTED AN INFORMAL MOTTO: GUT FISH, NOT HOUSES. IRONICALLY, THE DESTINATION MARKETING FOR CHARLESTON TODAY HEAVILY FEATURES THE ICONIC SITES THAT EARLIER GENERATIONS HAD THE FORESIGHT TO PRESERVE. RAINBOW ROW, ONCE A DILAPIDATED SET OF ROWHOUSES, GRACES SOCIAL MEDIA FEEDS ALL OVER THE WORLD. TRAVELERS ARE UNDOUBTEDLY LURED BY THE CITYS ARCHITECTURAL BEAUTY THAT PRESERVATIONISTS HAVE WORKED TO DEFEND. BUT, AT A POINT, THE ATTENTION CAN STRAIN OUR CITY AND DIMINISH THE VALUES THAT MAKE IT SO UNIQUE. WE FACE A SIGNIFICANT HOUSING SHORTAGE AT A TIME WHEN MARKET PRESSURE FOR HOTELS AND SHORT-TERM RENTALS IS SOARING. NEIGHBORHOOD-SERVING BUSINESSES ARE BEING PUSHED OUT BY HIGH-END SHOPS AND RESTAURANTS THAT CATER TO TOURISTS. AND THE QUALITY OF THE VISITOR EXPERIENCE IS AT RISK WHEN WE ROMANTICIZE AND INACCURATELY CHARACTERIZE THE CITYS PAST. PRESERVING THE CITY OF CHARLESTON AS A LIVING CITY PRESERVATION TODAY IS ABOUT HONORING THE LIVING CITY - ONE THAT EVOLVES TO SUPPORT THE NEEDS OF THE PEOPLE WHO LIVE AND WORK HERE, WHILE MAINTAINING THE ELEMENTS THAT MAKE IS SPECIAL. AS PRESERVATIONISTS, THE PSC SERVES AS A THOUGHT-LEADER AND COMMUNITY ORGANIZER, ENSURING THAT THE LESSONS OF THE PAST INFORM THE FUTURE OF OUR CITY. SOME OF OUR PRESERVATION INITIATIVES AND PROJECTS ARE AS FOLLOWS: THE CAROLOPOLIS AWARDS - OUR SIGNATURE AWARDS PROGRAM PROMOTES EXCELLENCE IN HISTORIC PRESERVATION THROUGH RECOGNITION OF EXCEPTIONAL PROJECTS THAT PROTECT THE HISTORIC RESOURCES OF CHARLESTON AND THE LOWCOUNTRY. AFTER MORE THAN 1,500 AWARDS GIVEN, THE CAROLOPOLIS AWARD HAS BECOME AS MUCH A PART OF THE FABRIC OF THE CITY AS THE BUILDINGS IT HONORS. ON FEBRUARY 29, 2024, THE PSC HOSTED THE 70TH CAROLOPOLIS AWARDS. THE PSC RECOGNIZED A DIVERSE GROUP OF 12 WINNING PROJECTS. RESILIENCE GUIDANCE FOR CHARLESTON - IS AN INITIATIVE OF THE PSC TO EMPOWER RESIDENTS TO PURSUE ADAPTATIONS THAT ENHANCE THEIR PROPERTYS RESILIENCE TO CHANGING ENVIRONMENTAL CONDITIONS. THIS RESOURCE IS THE FIRST OF ITS KIND FOR CHARLESTON AND WAS DEVELOPED OVER THE COURSE OF A YEAR IN PARTNERSHIP WITH THE CITY OF CHARLESTON. GUIDED BY A NATIONALLY-RECOGNIZED DESIGN FIRM, AND ROBUST COMMUNITY FEEDBACK ON EXPERIENCES, ATTITUDES, AND PRIORITIES TO ADDRESS THREAT IMPACTS, THE GUIDANCE PROVIDES ACCESSIBLE, EFFECTIVE RECOMMENDATIONS FOR ENHANCING THE RESILIENCE OF EXISTING PROPERTIES AND PROVIDE RESIDENTS THE TOOLS THEY NEED TO NAVIGATE THE CITY APPROVAL PROCESS. OFFICIALLY LAUNCHED IN SUMMER 2024, THE RESILIENCE GUIDANCE FOR CHARLESTON IS ORGANIZED BY SPECIFIC BUILDING AND SITE COMPONENTS AND PROVIDES READERS WITH INFORMATION TO QUICKLY IDENTIFY AREAS OF IMPROVEMENT, RELATIVE COSTS, LEVEL OF NECESSARY PROFESSIONAL ASSISTANCE, AND LOCAL PERMIT REVIEW REQUIREMENTS. UNION PIER REDEVELOPMENT - UNION PIER, A 70-ACRE SITE IN THE CITY OF CHARLESTON, HAS FUNCTIONED AS A WORKING WATERFRONT FOR CENTURIES. IN 2020, THE SOUTH CAROLINA STATE PORTS AUTHORITY (SPA) CONTRACTED WITH A REAL ESTATE DEVELOPMENT COMPANY TO PREPARE THE PROPERTY FOR SALE. THE QUICKLY- DEVELOPING PROJECT LED THE PSC TO SET FORWARD KEY PRINCIPLES FOR REDEVELOPMENT AND EXPLORE THE HISTORY OF THE SITE TO BETTER UNDERSTAND ITS EVOLUTION AND CULTURAL SIGNIFICANCE. THE PSC HAS BEEN WORKING FOR MONTHS DURING 2024 TO ENSURE THE PUBLICS VOICE IS HEARD IN THIS PROCESS. A PREVIOUS PROPOSAL HAD FAILED TO RESPOND TO COMMUNITY CONCERNS, INCLUDING THE SIZE AND SCALE OF THE BUILT ENVIRONMENT AND INSUFFICIENT RESILIENCE MEASURES THAT SHOULD BE THE PRIMARY FOCUS OF NEW WATERFRONT DEVELOPMENT. NOW, NEW OWNERSHIP HAS A MUCH MORE SYMPATHETIC APPROACH AND THE PSC IS A KEY COMMUNITY PARTNER TO ENSURE COMPATIBLE DEVELOPMENT. CHARLESTON'S JUSTICE JOURNEY (CJJ) - THE IS A PROJECT OF THE PSC THAT RECOGNIZES SITES SIGNIFICANT TO AFRICAN AMERICAN HISTORY AND THE ONGOING JOURNEY TOWARD RACIAL EQUALITY IN CHARLESTON AND THE LOWCOUNTRY. THIS ONLINE RESEARCH AND MAPPING INITIATIVE IS A GROWING RESOURCE FOR DEEPENING OUR COLLECTIVE UNDERSTANDING OF PEOPLE, INSTITUTIONS, MOVEMENTS, AND EVENTS THAT SHAPED THE COURSE OF THE REGIONS CIVIL RIGHTS HISTORY. THROUGH THIS PROJECT, THE PSC IS PARTNERING WITH THE COMMUNITY TO ELEVATE THE FULL NARRATIVE OF CHARLESTONS HISTORY. MAPPING CHARLESTON'S BLACK BURIAL GROUNDS - THE MAPPING CHARLESTONS BLACK BURIAL GROUNDS PROJECT IS A COMMUNITY-LED INITIATIVE TO IDENTIFY THREATENED GRAVESITES IN THE CITY OF CHARLESTON, SOUTH CAROLINA. MADE POSSIBLE BY FUNDING FROM THE NATIONAL PARK SERVICE AFRICAN AMERICAN CIVIL RIGHTS GRANT PROGRAM, THE DIGITAL MAP AIMS TO INCREASE PUBLIC AWARENESS OF BLACK BURIAL GROUNDS TO STRENGTHEN PROTECTIONS FOR THESE SACRED SPACES AS CHARLESTON GROWS AND DEVELOPS. THE SCOPE OF THIS PROJECT IS LIMITED TO BURIAL LOCATIONS WITHIN THE CITY OF CHARLESTONS URBAN GROWTH BOUNDARY AND THE ASHLEY RIVER HISTORIC DISTRICT. THESE PROJECT BOUNDARIES WERE SELECTED TO SUPPORT MORE TRANSPARENT AND INFORMED LAND USE DECISION MAKING IN THE CITY OF CHARLESTON. A FIRST-OF- ITS-KIND RESOURCE, THIS MAP CAN BE REFERENCED BY RESIDENTS, DESCENDANTS, POLICY MAKERS, AND MEMBERS OF THE DEVELOPMENT COMMUNITY TO BETTER UNDERSTAND AND PROTECT GRAVESITES CITYWIDE. BLACK BUSINESSES OF CHARLESTON ORAL HISTORY PROJECT - THE HEARTBEAT OF CHARLESTON'S ECONOMY AND CULTURE HAS TRADITIONALLY BEEN LOCALLY-OWNED, NEIGHBORHOOD-SERVING BUSINESSES THAT PROVIDE ESSENTIAL GOODS, SERVICES, AND GATHERING SPACES. FORM 990, PAGE 6, PART VI, LINE 6 SUBJECT TO TERMS AND CONDITIONS ESTABLISHED BY THE PSC'S BOARD OF DIRECTORS, ANY PERSON(S), FIRM OR CORPORATION MAY BECOME A MEMBER OF THE SOCIETY UPON THE PAYMENT OF ANNUAL DUES TO THE SOCIETY. MEMBERSHIP SHALL BE FOR A TERM OF ONE YEAR BEGINNING WITH THE MONTH IN WHICH DUES ARE RECEIVED BY THE PSC. FORM 990, PAGE 6, PART VI, LINE 7A SUBJECT TO TERMS AND CONDITIONS ESTABLISHED BY THE PSC'S BOARD OF DIRECTORS, ANY PERSON(S), FIRM OR CORPORATION MAY BECOME A MEMBER OF THE SOCIETY UPON THE PAYMENT OF ANNUAL DUES TO THE SOCIETY. MEMBERSHIP SHALL BE FOR A TERM OF ONE YEAR BEGINNING WITH THE MONTH IN WHICH DUES ARE RECEIVED BY THE PSC. THE PSC'S BOARD OF DIRECTORS SHALL BE ELECTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF MEMBERS IN GOOD STANDING PRESENT AT THE ANNUAL MEETING HELD ON A DATE NOT LATER THAN FOUR MONTHS AFTER THE CLOSE OF THE FISCAL YEAR. FORM 990, PAGE 6, PART VI, LINE 7B EACH MEMBER SHALL BE ENTITLED TO VOTE ON ALL MATTERS BROUGHT BEFORE THE MEMBERSHIP, SUBJECT TO THE PROVISION THAT THE MEMBER IS CURRENT IN THE PAYMENT OF DUES AND SUBJECT TO THE FURTHER PROVISION THAT NO NEW OR REINSTATED MEMBERSHIP WILL BE ELIGIBLE TO VOTE ON MATTERS BROUGHT BEFORE ANY ANNUAL OR SPECIAL MEETING OF THE MEMBERSHIP IF SUCH MEMBER HAS JOINED FEWER THAN 45 DAYS BEFORE THE DATE OF ANY SUCH MEETING. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR A COMMENT AND REVIEW PERIOD OF 5 DAYS. UPON COMPLETION OF THIS PERIOD, AND ADDRESSING ANY COMMENTS OR QUESTIONS, THE FORM 990 IS EFILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS RECEIVE REGULAR UPDATES FROM STAFF REGARDING CHARLESTON DEVELOPMENT PROJECTS THAT DIRECTLY AFFECT THE MISSION AND WORK OF PSC, THEREBY ALERTING BOARD MEMBERS TO MONITOR ANY AREAS OF POTENTIAL PERSONAL CONFLICT. THE CHAIR OF THE BOARD AND THE CHAIRS OF BOARD COMMITTEES ARE WELL INFORMED ABOUT SUCH DEVELOPMENT PROJECTS AND THROUGH THE LEADERSHIP OF THE BOARD CHAIR REGULARLY REMINDS BOARD MEMBERS TO BE AWARE OF AND BRING FORTH POTENTIAL CONFLICTS. THE BOARD CHAIR AND EXECUTIVE COMMITTEE HAS DIRECT CONVERSATIONS WITH BOARD MEMBERS TO DISCUSS ANY POTENTIAL CONFLICTS AND IF SUCH POTENTIAL EXISTS, ENACT THE PROCEDURES OF COMPLIANCE AND ENFORCEMENT OUTLINED IN THE BOARD ADOPTED "PSC BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY" THAT ALL BOARD MEMBERS SIGN AS THEY JOIN THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A THE PSC'S FINANCE COMMITTEE HAS THE AUTHORITY TO WORK THROUGH THE PROCESS OF REVIEWS AND APPROVAL OF EXECUTIVE COMPENSATION. THE DECISION IS PRESENTED TO THE FINANCE COMMITTEE FOR APPROVAL OR RECOMMENDATION AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B THE DECISION IS PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL OR RECOMMENDATION. THE FINANCE COMMITTEE REVIEWS AND APPROVES ALL COMPENSATION AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST BY CONTACTING THE BUSINESS OFFICE OF THE PSC. FORM 990, PART XI, LINE 9 BAD DEBT EXPENSE -30,410