2024-05-09T06:15:35-05:00 2023-06-30 470698853 BLAND & ASSOCIATES 450 REGENCY PARKWAY OMAHA NE 68114 990 2022-07-01 911846837 METROPOLITAN ENTERTAINMENT & CONVENTION AUTHORITY METR 4023411500 455 N 10TH STREET OMAHA NE 68102 ROGER DIXON PRESIDENT/CEO 4023411500 2024-05-09 1 ROGER DIXON 999009999 0 MIKE MULLER P01798781 4023978822 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROGER DIXON 455 N 10TH STREET OMAHA NE 68102 164605242 0 X WWW.OMAHAMECA.COM X 1997 NE MECA'S MISSION IS TO RELIEVE THE BURDENS OF GOVERNMENT THROUGH MANAGEMENT AND OPERATION OF GOVERNMENT OWNED CONVENTION, SPORTS AND ENTERTAINMENT FACILITIES LOCATED IN OMAHA, NEBRASKA. MECA MANAGES AND OPERATES CHI HEALTH CENTER CENTER OMAHA, CHARLES SCHWAB FIELD OMAHA, AND THE RIVERFRONT. 5 5 803 0 0 0 6726482 4905314 38293683 49825753 155282 1312365 90897701 108561810 136073148 164605242 0 0 0 0 8933762 11163193 0 0 725048 124609067 149395558 133542829 160558751 2530319 4046491 161980538 147657024 116127773 97439945 45852765 50217079 X MECA'S MISSION IS TO RELIEVE THE BURDENS OF GOVERNMENT THROUGH MANAGEMENT AND OPERATION OF GOVERNMENT OWNED CONVENTION, SPORTS AND ENTERTAINMENT FACILITIES LOCATED IN OMAHA, NEBRASKA. MECA MANAGES AND OPERATES CHI HEALTH CENTER CENTER OMAHA, CHARLES SCHWAB FIELD OMAHA, AND THE RIVERFRONT. 0 0 152537972 158387563 SEE ATTACHED SUPPLEMENT TO SCHEDULE O DESCRIBING THE FINANCIAL HIGHLIGHTS OF THE ORGANIZATION'S PRIMARY PROGRAM SERVICES. 152537972 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 79 0 1 803 1 0 0 0 0 0 1 1 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 NE X ROGER A DIXON PRESIDENTCEO 4023411500 455 N 10TH STREET OMAHA NE 68102 DIANE DUREN CHAIRWOMAN 5.00 X X 0 0 0 JAY NODDLE VICE CHAIRMAN 5.00 X X 0 0 0 TOM KELLEY TREASURER 5.00 X 0 0 0 SUSIE BUFFETT SECRETARY 5.00 X X 0 0 0 TOM WARREN BOARD MEMBER 5.00 X 0 0 0 ROGER DIXON PRESIDENT/CEO 55.00 X 547945 0 36832 ROBERT FREEMAN ASSISTANT SECRETARY 5.00 X 0 0 0 TOM O'GORMAN VP CORPORATE SALES & 45.00 X 287463 0 35947 CLAIRE ALT VP HUMAN RESOURCES 45.00 X 150198 0 22895 KATHERINE BASSETT VP PARKS 45.00 X 165900 0 15506 KEVIN RAYMOND VP OPERATIONS & IT 45.00 X 248997 0 23974 DIANE MILLS CFO 45.00 X 218752 0 34751 1619255 0 169905 6 0 1 0 KIEWIT INFRASTRUCTURE CO 4004 S 60TH ST OMAHA NE 68117 CONSTRUCTION 107097282 LEVY PREMIUM FOOD SERVICES LP 980 NORTH MICHIGAN AVE CHICAGO IL 60611 FOOD SERVICE 8947831 KIEWIT BUILDING GROUP INC 4004 S 60TH ST OMAHA NE 68117 CONSTRUCTION 4018958 HDR ENGINEERING INC 1917 S 67TH OMAHA NE 68106 ENGINEERING 3308703 AGTAC SERVICES LLC 8501 S 78TH ST LINCOLN NE 68516 SECURITY 1448368 5 4905314 4905314 FOOD, BEVERAGE AND MERCHANDIS 713990 25233685 25233685 SPONSORSHIP INCOME/SUITES 713990 9262080 9262080 OTHER EVENT FEES 713990 5172033 5172033 AUDIO/VISUAL 713990 2890160 2890160 FACILITY FEES 713990 2497146 2497146 4770649 4770649 49825753 1312365 1312365 TRI-PARK REVENUE 900099 108561810 108561810 108561810 164605242 158387563 0 1312365 584777 584777 8756142 3604686 4784068 367388 110529 56242 48555 5732 1070848 544897 470415 55536 640897 272183 342806 25908 75169 75169 39373 39373 48200 48200 776433 530095 246338 63837 59625 4212 128676 128405 271 452310 301555 149604 1151 3792317 3792317 36403 32481 3922 24299 21627 2672 3071961 3071961 447212 415089 28731 3392 CONSTRUCTION EXPENSE - 103447109 103447109 CATERING SERVICE FEE 12901597 12901597 REVENUE SHARING - STADI 4199083 4199083 CONTRACT LABOR 3945241 3945241 15946338 15937812 8526 160558751 152537972 7295731 725048 17511093 15088373 69669609 68239162 27398823 10029416 1190862 1266771 63528267 42899436 17925789 20628831 28144053 32316731 140309 87740 161980538 147657024 22486443 27320174 4870959 5253623 88770371 64866148 116127773 97439945 X 0 0 19186690 19186690 26666075 31030389 45852765 50217079 161980538 147657024 4046491 317823 0 X 0 1 X 1 0 X 4713299 3075795 14696163 6726482 4905314 34117053 40168680 20864619 21001652 38293683 49825753 170154387 44881979 23940414 35697815 45020165 54731067 204271440 0 0 0 204271440 1033890 764831 150763 155282 1312365 3417131 1033890 764831 150763 155282 1312365 3417131 45915869 24705245 35848578 45175447 56043432 207688571 0.98350 0.98680 0.01650 0.01320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48200 48200 160510561 160558761 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 48000 46813 48000 48200 191013 250000 250000 250000 250000 1000000 1500000 10079196 10079196 0 34562087 17144801 17417286 16889435 14067795 2821640 1997549 1607644 389905 20628831 CORPORATE BONDS 6762205 F COMMERCIAL PAPER 1933780 F US TREASURY SECURITIES 23620746 F 32316731 RIVERFRONT CAPITAL RESERVE FUND 1916919 STADIUM CAPITAL RESERVE FUND 5695672 PROJECT ADVANCES - CONSTRUCTION & OPERATING 45329601 OTHER LIABILITIES 200772 CWS STADIUM FUND 11674204 LEASE LIABILITY 48980 64866148 X 164923065 317823 317823 164605242 0 164605242 160558751 0 160558751 0 160558751 PART X, LINE 2: MECA IS A TAX EXEMPT 501(C)(3) NONPROFIT CORPORATION. IN APRIL 2006, MECA RECEIVED A FAVORABLE RULING FROM THE INTERNAL REVENUE SERVICE (IRS) IN RESPONSE TO A PRIVATE LETTER RULING REQUEST IN JULY 2003. THE RULING FOUND THAT MECA IS LESSENING THE BURDENS OF THE CITY BY MANAGING THE OPERATIONS OF THE FACILITY. AS A RESULT OF THIS FINDING, THE IRS DETERMINED THAT THE REVENUES DERIVED FROM THE FACILITY'S OPERATIONS ARE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. MECA ALSO OPERATES IN ACCORDANCE WITH THE FINDINGS OF THIS RULING AS IT PERTAINS TO THE OPERATIONS OF CHARLES SCHWAB FIELD OMAHA. MECA FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IN THE U.S. FEDERAL AND STATE JURISDICTIONS. AS OF JUNE 30, 2023 AND 2022, MECA HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES TAX YEARS SUBSEQUENT TO 2019 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 ROGER DIXON PRESIDENT/CEO 330825 0 200000 0 17120 0 9150 0 27682 0 584777 0 0 0 TOM O'GORMAN VP CORPORATE SALES & 190929 0 96534 0 0 0 8284 0 27663 0 323410 0 0 0 CLAIRE ALT VP HUMAN RESOURCES 125198 0 25000 0 0 0 4203 0 18692 0 173093 0 0 0 KATHERINE BASSETT VP PARKS 130900 0 35000 0 0 0 4973 0 10533 0 181406 0 0 0 KEVIN RAYMOND VP OPERATIONS & IT 203497 0 45500 0 0 0 7131 0 16843 0 272971 0 0 0 DIANE MILLS CFO 168752 0 50000 0 0 0 6552 0 28199 0 253503 0 0 0 PART I, LINE 1A CLUB DUES WERE PAID ON BEHALF OF ROGER DIXON TO A GOLF COUNTRY CLUB. A PORTION OF THE AMOUNTS PAID WERE INCLUDED IN MR. DIXONS TAXABLE INCOME BASED ON PERCENTAGE OF PERSONAL USE. PART I, LINE 3 THE BOARD OF DIRECTORS HAS APPOINTED TWO MEMBERS TO THE INTERNAL GOVERNANCE COMMITTEE. THAT COMMITTEE REVIEWS AND APPROVES ALL COMPENSATION. COMPENSATION IS APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS. SUCH REVIEW, INCLUDING DELIBERATIONS AND DECISIONS REGARDING COMPENSATION, ARE DOCUMENTED. PART I, LINE 4B ROGER DIXON - $17,120 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR LEGAL SERVICES 0 SCHEDULE L, PART V - ADDITIONAL INFORMATION THE ORGANIZATION PAYS A SUBSTANTIAL CONTRIBUTOR FOR LEGAL SERVICES. FORM 990, PART III, LINE 4A - ADDITIONAL INFORMATION LIVE ENTERTAINMENT ENJOYED A RENAISSANCE AT THE CHI HEALTH CENTER OMAHA (CHIHCO) ARENA IN FISCAL 2023, AS A POST-PANDEMIC ARRAY OF PERFORMING ARTISTS MADE TOUR STOPS AT CHIHCO. THE LAST OF THE COVID-19 RESCHEDULED SHOWS, BOTH THE LUMINEERS AND MATCHBOX TWENTY, WERE FINALLY ABLE TO PLAY IN OMAHA, REPLACING THEIR ORIGINAL SHOWS POSTPONED FROM 2020. ANOTHER MARQUEE EVENT WAS LUKE COMBS "MIDDLE OF SOMEWHERE" TOUR, WHICH SOLD-OUT BACK-TO-BACK NIGHTS AT CHIHCO. OTHER TOP ENTERTAINERS DURING THE FISCAL YEAR INCLUDED POST MALONE, GRETA VAN FLEET, KANE BROWN, LIZZO AND BROOKS AND DUNN. SPORTS FANS TURNED OUT IN FULL FORCE AT CHIHCO TO WATCH THE 2022 NCAA WOMEN'S COLLEGE VOLLEYBALL CHAMPIONSHIP, FEI JUMPING DRESSAGE & VAULTING WORLD CUP AND CREIGHTON MEN'S BASKETBALL HOME GAMES. IN DECEMBER 2022, OMAHA NATIVE TERENCE "BUD" CRAWFORD DEFENDED HIS WBO WELTERWEIGHT CHAMPIONSHIP FOR THE 6TH TIME IN FRONT OF A HOME CROWD AT CHIHCO, THIS TIME AGAINST TOP CONTENDER DAVID AVANESYAN. CRAWFORD EMERGED VICTORIOUS, WINNING IN THE 6TH ROUND WITH A KNOCKOUT. THESE NOTABLE EVENTS, AMONG MANY OTHERS, HELPED THE ARENA WELCOME OVER 586,000 GUESTS DURING THE FISCAL YEAR. THE CHI HEALTH CENTER CONVENTION CENTER BUSINESS REMAINED STEADY IN FISCAL 2022-2023, WELCOMING OVER 256,000 GUESTS INTO MECA'S MEETING AND EXHIBITION SPACES. A TOTAL OF 234 EVENT DAYS CONSISTED OF 55 CITYWIDE EVENT DAYS, 22 CONSUMER SHOW EVENT DAYS AND 157 OTHER EVENT DAYS, INCLUDING DANCE COMPETITIONS, PRE-CONCERT VIP EVENTS AND EVEN THE LARGEST PLATED DINNER IN CHICHO HISTORY FOR THE NEBRASKA GOVERNOR'S INAUGURAL BALL. THE CONVENTION CENTER TEAM CONTINUES TO SECURE MULTI-YEAR, REPEAT BUSINESS AND PIQUE THE INTEREST OF MEETING PLANNERS BY SHOWCASING DOWNTOWN OMAHA'S LATEST ATTRACTIONS AND AMENITIES INCLUDING THE NEWLY OPENED PUBLIC PARKS AT THE RIVERFRONT. WHILE THE CONVENTION CENTER SPACE HAS REMAINED LARGELY THE SAME SINCE THE FACILITY OPENED ITS DOORS IN 2003, THE MECA TEAM IS CURRENTLY FUNDRAISING AND PRIVATELY DEVELOPING PLANS TO TENTATIVELY EXPAND THE CONVENTION CENTER. BY ADDING MORE BREAKOUT ROOMS, THE CONVENTION CENTER COULD ATTRACT AND ACCOMMODATE LARGER CITYWIDE CONVENTIONS AND ADDITIONAL CONCURRENT EVENTS. THIS IS PROJECTED TO NOT ONLY ENHANCE MECA'S REVENUES, BUT ALSO PROVIDE ECONOMIC BENEFIT FOR THE CITY OF OMAHA TO THE TUNE OF POTENTIALLY $1.2 BILLION. CHARLES SCHWAB FIELD OMAHA (CSFO) COMPLETED A HIGHLY SUCCESSFUL YEAR OF OPERATIONS WITH RECORD ATTENDANCE AND PROFITS FOR THE MEN'S COLLEGE WORLD SERIES (MCWS) IN JUNE, WHEN THE LSU TIGERS DEFEATED THE FLORIDA GATORS IN CHAMPIONSHIP GAME 3 TO WIN THE PROGRAM'S SEVENTH NATIONAL TITLE. ALONG WITH THE MCWS, CSFO ALSO HOSTED ALL HOME GAMES FOR THE CREIGHTON BLUEJAY'S BASEBALL TEAM AND ONCE AGAIN WELCOMED THE RETURN OF THE BIG TEN BASEBALL TOURNAMENT. CSFO DID NOT END ITS SUMMER WITH THE MCWS BUT WELCOMED TWO CONCERTS TO THE STADIUM AT THE START OF FISCAL 2023-2024, WITH A DEF LEPPARD AND MOTLEY CRUE CO-HEADLINING SHOW, FOLLOWED BY PINK AND BRANDI CARLILE JUST DAYS LATER. PINK'S SHOW SET RECORDS FOR THE HIGHEST ATTENDED CONCERT EVENT AND LARGEST DAY SINGLE DAY GROSS SALES AT CSFO. THESE WERE THE FIRST CONCERT EVENTS AT CSFO SINCE THE 2012 RED SKY MUSIC FESTIVAL, BUT THEY ARE NOT BELIEVED TO BE THE LAST. STADIUM OPERATIONS OUTSIDE OF THE MCWS ARE SHARED WITH THE CITY OF OMAHA, AMONG OTHER STADIUM PARTNERS. MECA IS RESPONSIBLE FOR THE FIRST $100,000 OF PROFITS OR LOSSES. FOR FISCAL 2022-2023 CSFO GENERATED A PROFIT OUTSIDE OF THE NCAA MEN'S COLLEGE WORLD SERIES OF $482,000, OF WHICH MECA RETAINED $100,000. THE REMAINING $382,000 WILL BE REMITTED TO THE CITY OF OMAHA UPON ISSUANCE OF THIS REPORT. MECA'S WHOLLY OWNED SUBSIDIARY, MECA TRI-PARK COMPLEX, LLC (BRANDED AS "THE RIVERFRONT"), COMPLETED ITS FIRST YEAR OF OPERATIONS IN GENE LEAHY MALL AT THE RIVERFRONT IN FISCAL 2022-2023. THE YEAR KICKED OFF WITH A FOUR-DAY GRAND OPENING CELEBRATION COMPLETE WITH FREE PROGRAMMING AND FAMILY FRIENDLY ACTIVITIES SUCH AS LIVE ENTERTAINMENT IN THE PARK'S PERFORMANCE PAVILION. THE RIVERFRONT'S FIRST CONCERT FEATURED BROADWAY STAR KRISTEN CHENOWETH BACKED BY THE OMAHA SYMPHONY, WITH DAY TWO BRINGING COUNTRY MUSIC SINGERS BRETT ELDREDGE AND LAUREN ALAINA TO DOWNTOWN OMAHA. THE FOLLOWING DAY, UNO THEATRE PUT ON A PRODUCTION OF FAME THE MUSICAL AND ON THE FOURTH OF JULY THE OMAHA SYMPHONY PERFORMED A SALUTE TO OUR MILITARY FOLLOWED BY A FIREWORKS SPECTACULAR. A GROWING LIST OF PROGRAM PARTNERS, SUCH AS THE OMAHA SYMPHONY, HELPED TO MAKE THE RIVERFRONT'S FIRST YEAR OF OPERATIONS AN OVERWHELMING SUCCESS, FACILITATING HUNDREDS OF ACTIVATIONS IN CONJUNCTION WITH THE PARK'S EVENTS TEAM. THESE ACTIVITIES INCLUDED CATEGORIES SUCH AS CULTURAL ARTS, EDUCATION, FAMILY, FITNESS, HOBBIES, NATURE, ANIMALS, GAMES AND MOVIE NIGHTS. A DEDICATED FOOD TRUCK LANE GAVE LOCAL ENTREPRENEURS THE OPPORTUNITY TO SHOWCASE THEIR WORK AND FEED HUNGRY PATRONS ON A WEEKLY BASIS, BUT ESPECIALLY DURING HIGH TRAFFIC EVENTS. DURING ITS FIRST-YEAR POST RENOVATION, GENE LEAHY MALL AT THE RIVERFRONT WELCOMED OVER ONE MILLION VISITORS BACK TO THIS HISTORIC DOWNTOWN LANDMARK. CONSTRUCTION IN THE REMAINING CONNECTED PARKS, HEARTLAND OF AMERICA PARK AND LEWIS & CLARK LANDING, APPROACHED SUBSTANTIAL COMPLETION DURING THE FISCAL YEAR AND REOPENED TO THE PUBLIC WITH A RIBBONCUTTING CEREMONY IN AUGUST 2023. THESE ADDITIONAL TWO PARKS ROUND OUT THE RIVERFRONT'S 72 TOTAL ACRES AND INTRODUCE PERMANENT AMENITIES SUCH AS A SKATE RIBBON, BOCCE COURTS, THE STUNNING FARNAM PIER, AN EVEN LARGER DESTINATION PLAYGROUND AND AN URBAN BEACH NEAR THE WATERFRONT. FISCAL 2022-2023 GENERATED RECORD-SETTING PROFITS FOR MECA BEFORE DEPRECIATION AND AMORTIZATION. THE AUTHORITY GENERATED $7.4 MILLION IN NET PROFIT BEFORE DEPRECIATION AND AMORTIZATION, AND $4.4 MILLION AFTER DEPRECIATION AND AMORTIZATION FOR CHIHCO. THE TABLE BELOW SUMMARIZES THE NET PROFIT GENERATED FOR CHIHCO OVER THE PAST FIVE YEARS. YEAR NET PROFIT DEPRECIATION NET (LOSS) BEFORE PROFIT AFTER DEPRECIATION DEPRECIATION 2023 $7,436,000 $3,072,000 $4,364,000 2022 $4,954,000 $2,782,000 $2,172,000 2021 $8,328,000 $2,990,000 $5,338,000 2020 $178,000 $2,890,000 ($2,712,000) 2019 $4,580,000 $2,924,000 $1,656,000 MECA'S PRUDENT MANAGEMENT OF EXCESS CASH HAS ALLOWED THE AUTHORITY TO BUILD CAPITAL RESERVES AND FUND NUMEROUS CAPITAL IMPROVEMENT PROJECTS THROUGH THE YEARS WITHOUT ADDITIONAL TAXPAYER EXPENSE. MECA RECEIVED A GRANT FROM THE NEBRASKA DEPARTMENT OF ECONOMIC DEVELOPMENT (NDED) IN FISCAL 2022-2023 OF CARES ACT FUNDS THROUGH A SHOVEL-READY CAPITAL IMPROVEMENT PROJECT GRANT PROGRAM. THIS NDED GRANT WAS SPECIFICALLY DESIGNED FOR CAPITAL PROJECTS THAT WERE IN PROGRESS DURING THE COVID-19 PANDEMIC THAT WERE PUT ON HOLD DURING A TIME OF ECONOMIC UNCERTAINTY. THESE GRANT RECEIPTS HAVE BEEN DESIGNATED BY MECA'S BOARD OF DIRECTORS BACK TO THE CHIHCO AND CSFO CAPITAL RESERVE FUNDS TO OFFSET EXPENDITURES INCURRED IN CURRENT AND PRIOR FISCAL YEARS FOR TRAFFIC SAFETY BARRIER INSTALLATION THROUGHOUT THE MECA CAMPUS. SEE NOTE A - CAPITAL IMPROVEMENT, REPAIR AND REPLACEMENT RESERVES OF THE NOTES TO FINANCIAL STATEMENTS" FOR A COMPLETE DISCUSSION OF HOW MECA'S CAPITAL RESERVES ARE FUNDED. FORM 990, PART VI, SECTION B, LINE 11B MECA PROVIDES EACH DIRECTOR A COPY OF THE THEN-CURRENT INSTRUCTIONS TO FORM 990 ON AN ANNUAL BASIS. PRIOR TO FILING A FINAL FORM 990 WITH THE IRS, MECA PROVIDES EACH DIRECTOR WITH A DRAFT OF THE FORM 990. MECA RESPONDS TO ANY QUESTIONS, SUGGESTIONS, AND RECOMMENDATIONS OF THE DIRECTORS AND MAKES ANY SUBSEQUENT REQUIRED CHANGES. FORM 990, PART VI, SECTION B, LINE 12C MECA PROVIDES EACH DIRECTOR A COPY OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. EACH DIRECTOR SIGNS A CERTIFICATE OF COMPLIANCE ACKNOWLEDGING THAT THEY HAVE RECEIVED AND READ THE POLICY AND THAT THEY ARE IN COMPLIANCE WITH THE POLICY. IN ADDITION EACH DIRECTOR IS REQUIRED TO DISCLOSE ANNUALLY THOSE RELATIONSHIPS THAT ARE REQUIRED TO BE REPORTED ON SCHEDULE L OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS APPOINTED TWO MEMBERS TO THE INTERNAL GOVERNANCE COMMITTEE. THAT COMMITTEE REVIEWS AND APPROVES ALL COMPENSATION. COMPENSATION IS APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS. SUCH REVIEW, INCLUDING DELIBERATIONS AND DECISIONS REGARDING COMPENSATION, ARE DOCUMENTED. THE BOARD OF DIRECTORS HAS APPOINTED TWO MEMBERS TO THE COMPENSATION COMMITTEE. THAT COMMITTEE REVIEWS AND APPROVES ALL COMPENSATION. COMPENSATION IS APPROVED USING DATA AS TO COMPARABLE POSITIONS. SUCH REVIEW, INCLUDING DELIBERATIONS AND DECISIONS REGARDING COMPENSATION, IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC IF THEY INCLUDE PRIOPRIETARY INFORMATION.