2025-04-14T17:02:23-05:00 2024-09-30 630721243 BORLAND BENEFIELD PC 800 SHADES CREEK PARKWAY STE 875 BIRMINGHAM AL 35209 990 2023-10-01 630288847 LAKESHORE FOUNDATION LAKE 2053137413 4000 RIDGEWAY DRIVE BIRMINGHAM AL 35209 JOHN D KEMP PRESIDENT 2053137413 2025-04-14 1 0 CLIF DANIEL CPA P01366450 2058027212 2025-04-01 2023 2025-03-06 01:10:19Z JOHN D KEMP 4000 RIDGEWAY DRIVE BIRMINGHAM AL 35209 47551386 0 X WWW.LAKESHORE.ORG X 1923 AL TO PROVIDE OPPORTUNITY FOR INDIVIDUALS WITH DISABILITY TO LIVE A HEALTHY LIFESTYLE THROUGH PHYSICAL ACTIVITY, RESEARCH, ADVOCACY AND HEALTH PROMOTION. 27 27 130 347 0 0 4925309 2639124 775276 977722 671347 3222221 4260222 4219814 10632154 11058881 0 461708 0 0 6433648 6660098 212500 0 821070 5612998 5606864 12259146 12728670 -1626992 -1669789 95240008 101457628 11396715 9691187 83843293 91766441 X TO PROVIDE OPPORTUNITY FOR INDIVIDUALS WITH DISABILITY TO LIVE A HEALTHY LIFESTYLE THROUGH PHYSICAL ACTIVITY, RESEARCH, ADVOCACY AND HEALTH PROMOTION. 0 0 2731637 478664 FITNESS, PERSONAL TRAINING AND AQUATICS - LAKESHORE FOUNDATION OFFERS MORE THAN 60 FITNESS AND AQUATICS CLASSES SPECIFICALLY DESIGNED FOR PERSONS WITH A WIDE RANGE OF PHYSICAL DISABILITIES AND CHRONIC HEALTH CONDITIONS SEEKING A LIFELONG PATH TO WELLNESS. LAKESHORE ALSO PROVIDES AN OPPORTUNITY FOR SELF-DIRECTED, INDIVIDUAL FITNESS AND AQUATICS WORKOUTS, AS WELL AS FEE-BASED PERSONAL TRAINING SERVICES. LAKESHORE LIFE, A COMPREHENSIVE HEALTH PROMOTION INITIATIVE, INCLUDES NUTRITION EDUCATION AND EMPOWERS INDIVIDUALS TO TAKE PERSONAL OWNERSHIP OF HEALTH AND WELLNESS CHOICES. VIRTUAL PROGRAMS ARE ALSO BEING OFFERED TO COMMUNITY CENTERS ALLOWING A BROADER AUDIENCE TO ACCESS VALUABLE WELLNESS PROGRAMS. 4321059 327683 257174 RECREATION, ATHLETICS, MILITARY AND TRAINING SITE PROGRAMS - LAKESHORE FOUNDATION OFFERS YEAR-ROUND ACTIVITIES FOR CHILDREN AND ADULTS WITH PHYSICAL DISABILITIES INCLUDING RECREATIONAL PROGRAMS, ATHLETIC TEAMS AND LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL ATHLETIC EVENTS THAT PROVIDE AN OUTLET FOR COMPETITIVE DRIVE AND CONTRIBUTE TO PARTICIPANTS' HEALTH AND WELL-BEING. THIS INCLUDES HIGH PERFORMANCE CAMPS FOR USA WHEELCHAIR RUGBY, BOCCIA UNITED STATES, USA WHEELCHAIR BASKETBALL, PARALYZED VETERANS OF AMERICA, WOUNDED WARRIOR PROJECT, AND LOCAL CHILDREN'S SUMMER CAMPS. OUR WORK WITH VETERANS ALSO INCLUDES HEALTH AND WELLNESS OPTIONS FOR ALL LOCAL ALABAMA VETERANS AND THEIR FAMILIES, MORE THAN ONE THOUSAND OF WHOM HAVE BEGUN PARTICIPATING. 1217917 134025 35312 SPORTS SCIENCE AND PERFORMANCE CENTER - LAKESHORE FOUNDATION ESTABLISHED A NEW PROGRAM CALLED SPORTS SCIENCE AND PERFORMANCE CENTER DURING ITS FISCAL YEAR 2023. THIS NEW PROGRAM BEGUN OFFERING SERVICES TO GREATER PUBLIC IN JANUARY OF 2024. THROUGHOUT FISCAL YEAR 2024, THE FOUNDATION CONTINUED TO EXPAND THE PROGRAM, FURTHER DEVELOPING ITS SERVICE OFFERINGS. THE PROGRAM IS DESIGNED TO PROVIDE A DIVERSE RANGE OF IN-PERSON AND VIRTUAL SPORTS PERFORMANCE SERVICES TO DISABLED ATHLETES, ADVANCE SPORTS SCIENCE RESEARCH AND PAVE A PATHWAY FOR EMERGING AND ELITE ATHLETES WITH DISABILITIES TO ACHIEVE SPORTING SUCCESS AND A LIFETIME OF HEALTH. FURTHERMORE, LAKESHORE IS ABLE TO PROVIDE SPECIALIZED SERVICES LIKE SPORT SPECIFIC TESTING, PERSONALIZED NUTRITION, EQUIPMENT MODIFICATION AND MENTORSHIP THAT TARGET THE NEEDS OF DISABLED ATHLETES AND COACHES AND CLOSE THE GAP IN SPORTS EQUITY. 510190 16357 ADVOCACY AND POLICY - LAKESHORE FOUNDATION WORKS TO REDUCE HEALTH DISPARITIES AND SUPPORTS THE ACHIEVEMENT OF OPTIMAL HEALTH BY PEOPLE WITH PHYSICAL DISABILITY AND CHRONIC HEALTH CONDITIONS BY ENSURING PEOPLE WITH DISABILITY GAIN ACCESS TO HEALTH PROMOTING RESOURCES AND RECEIVE THE RIGHT SUPPORT AND SERVICES, AT THE RIGHT TIME, IN THE RIGHT SETTING. LAKESHORE'S COMMUNITY HEALTH EFFORTS LOCALLY, NATIONALLY AND GLOBALLY ADDRESS BARRIERS THAT PREVENT PEOPLE WITH DISABILITIES FROM MAXIMUM PARTICIPATION IN SOCIETY. 1071636 203934 RESEARCH AND COMMUNITY HEALTH - LAKESHORE CONDUCTS APPLIED RESEARCH AND PROGRAM EVALUATION ON THE EFFECTIVENESS OF PHYSICAL ACTIVITY PROGRAMS IN PROMOTING HEALTH AND QUALITY OF LIFE, IMPROVING FUNCTIONAL INDEPENDENCE, AND PREVENTING SECONDARY CONDITIONS IN PEOPLE WITH PHYSICAL DISABILITIES. OUR RESEARCH ACTIVITIES INCLUDE PHYSIOLOGICAL TESTING, QUALITATIVE STUDIES, AND PROGRAM EVALUATION. RESEARCH IDENTIFIES WAYS TO IMPROVE HEALTH RELATED QUALITY OF LIFE, REDUCE SECONDARY HEALTH CONDITIONS, AND INCREASE COMMUNITY PARTICIPATION. INNOVATIVE TECHNOLOGY IS ALSO BEING UTILIZED TO IMPROVE ACCESS TO FITNESS. THROUGH PROFESSIONAL PUBLICATIONS, CONFERENCES AND COLLABORATIVE EFFORTS, EVIDENCE-BASED PROGRAMS AND MODELS IN PHYSICAL ACTIVITY FOR PEOPLE WITH PHYSICAL DISABILITY ARE SHARED WORLDWIDE. 1581826 220291 9852439 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 84 0 1 130 1 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CATHY C MILLER 2053137413 4000 RIDGEWAY DRIVE BIRMINGHAM AL 35209 GRAHAM SISSON JR DIRECTOR AND CHAIRMAN 0.77 0.20 X X 0 0 0 WILLIAM BILL HORTON DIRECTOR AND VICE CHAIR 0.77 0.20 X X 0 0 0 ROBERT M COUCH DIRECTOR AND TREASURER 0.77 0.20 X X 0 0 0 FRANK H LONG JR DIRECTOR AND SECRETARY 0.77 0.10 X X 0 0 0 WILLIAM P ACKER III DIRECTOR 0.38 X 0 0 0 WALTER M BEALE JR DIRECTOR AND CHAIR 0.58 0.20 X 0 0 0 ROBERT O BURTON DIRECTOR 0.38 X 0 0 0 JAY BRANDRUP DIRECTOR 0.38 X 0 0 0 WD FOSTER DIRECTOR AND CHAIR 0.58 0.10 X 0 0 0 BRENDA M HACKNEY DIRECTOR 0.38 0.10 X 0 0 0 WILLIAM K HANCOCK DIRECTOR 0.38 X 0 0 0 GREG JOHNSTON DIRECTOR 0.38 0.10 X 0 0 0 CATHERINE SLOSS JONES DIRECTOR 0.38 X 0 0 0 MICHAEL A KAMBER DIRECTOR 0.38 X 0 0 0 DAVE KEENAN DIRECTOR 0.38 X 0 0 0 BRAD KENNEDY DIRECTOR 0.38 X 0 0 0 ROBERT D MCKENNA DIRECTOR 0.38 X 0 0 0 MARK S MCCOLL DIRECTOR 0.38 X 0 0 0 DR VUE QC NGUYEN DIRECTOR 0.38 X 0 0 0 MICHAEL L PATTERSON DIRECTOR AND CHAIR 0.58 0.10 X 0 0 0 N LEE S PRICE MAJ GEN RET DIRECTOR 0.38 X 0 0 0 ANN M PURDY DIRECTOR 0.38 X 0 0 0 DON A SCIVLEY DIRECTOR AND CHAIR 0.58 0.10 X 0 0 0 TOM SHUFFLEBARGER DIRECTOR 0.38 0.10 X 0 0 0 ALLISON STEPHENS DIRECTOR 0.38 0.20 X 0 0 0 ANDRE J TAYLOR DIRECTOR 0.38 0.10 X 0 0 0 JOEL T WELKER DIRECTOR AND CHAIR 0.58 0.20 X 0 0 0 JOHN KEMP PRESIDENT 40.00 X 342660 0 24357 CATHY MILLER CHIEF OPERATING AND FINANCIAL OFFICER 40.00 X 241904 0 21206 JEN ALLRED CHIEF PROGRAM OFFICER AND SPECIAL PROJECTS 40.00 X 196139 0 15364 AMY RAUWORTH CHIEF RESEARCH AND INNOVATION OFFICER 40.00 X 181397 0 19201 DEBBIE SMITH DIRECTOR OF HUMAN RESOURCES 40.00 X 129037 0 5325 KORHAN ALTIPARMAK CONTROLLER 40.00 X 112361 0 5355 CAROL KUTIK DIRECTOR OF FITNESS AND HEALTH PROMOTION 40.00 X 104673 0 4275 1308171 0 95083 7 0 1 0 HOAR CONSTRUCTION LLC 2 METROPLEX DR 400 BIRMINGHAM AL 35209 CONSTRUCTION 754681 COMMUNITY COUNSELING SERVICES CO LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 FUNDRAISING SERVICES 210460 2 326015 904210 1408899 27783 2639124 MEMBERSHIP DUES 713940 712238 712238 COMMUNITY HEALTH 713940 176446 176446 ATHLETIC EVENTS 713940 22275 22275 ADVOCACY AND POLICY 713940 16357 16357 SPORTS SCIENCE & PERFRMANCE 713940 7824 7824 42582 42582 977722 485611 485611 4769601 424737 4344864 4344864 4344864 38661688 35924187 891 2737501 -891 2736610 2736610 0 326015 138769 -138769 -138769 4567 3921 646 646 OTHER 900099 6398 6398 VENDING REVENUE 900099 2387 2387 CREDIT CARD REBATE 900099 2270 2270 2018 2018 13073 11058881 991441 0 7428316 461708 461708 1686158 651782 846880 187496 3947728 3199322 452177 296229 112795 92668 7868 12259 543901 381521 115461 46919 369516 254545 83236 31735 75644 75644 27000 27000 63333 38333 25000 134368 134368 994906 832340 84742 77824 164645 120768 14408 29469 178316 111332 60615 6369 181528 94815 50389 36324 739036 723086 6846 9104 444874 397744 37738 9392 79602 63138 8714 7750 211603 205795 2481 3327 1602443 1558456 18789 25198 260001 252863 3049 4089 REPAIRS AND MAINTENANCE 232483 226132 2716 3635 MINOR EQUIPMENT 108347 83065 20563 4719 MAINTENANCE CONTRACTS 63011 61281 739 991 OTHER 42625 38675 725 3225 3099 3070 13 16 12728670 9852439 2055161 821070 300 300 1957672 1498974 78438 610419 297998 79638 10907 6788 640338 832080 73117875 39356349 34893471 33761526 2596072 2613222 54719110 62013217 45702 41464 95240008 101457628 1566226 1668719 122845 99118 9670604 7895877 17540 15473 19500 12000 11396715 9691187 X 83259789 90585098 583504 1181343 83843293 91766441 95240008 101457628 -1669789 9592937 0 X X 0 1 X 1 0 X 5437471 3671414 5084924 4925309 2639124 21758242 5437471 3671414 5084924 4925309 2639124 21758242 3411359 18346883 4620826 4682212 4909464 5112217 5255212 24579931 53389 6288 7242 13890 13072 93881 46432054 0.39510 0.41150 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 4,389. 2020 AMOUNT: $ 3,325. 2021 AMOUNT: $ 5,727. 2022 AMOUNT: $ 13,890. 2023 AMOUNT: $ 13,072. OTHER INCOME FROM GIFTS FOR BENEFITS RECD - PROCEEDS FROM INSURANCE SETTLEMENTS - 2019 AMOUNT: $ 49,000. 2020 AMOUNT: $ 2,963. 2021 AMOUNT: $ 1,515. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 65139 65139 0 PART II-B, LINE 1, LOBBYING ACTIVITIES CONTRACTED SERVICES - AAHD: $1,806 CONTRACTED SERVICES - $63,333 5344977 822434 22889 1318430 4871870 6283089 360447 23580 1322139 5344977 6879952 95596 15937 708396 6283089 7497285 232779 7887 857999 6879952 10383086 308851 16700 3211352 7497285 0.76000 0.02000 0.22000 0 0 16176 195000 211176 9581401 35476797 22958977 22099221 4287093 5583979 4855257 5015815 6483373 3404094 9005420 882047 1020889 7069073 2536695 5553267 33761526 OTHER ALTERNATIVE INV 10288925 F POOLED FUNDS 7227263 F EQUITY FUNDS 44497029 F 62013217 INVESTMENT MANAGER FEES 12000 12000 X PART V, LINE 4: CAPITAL PROJECTS - $37 PROGRAM EXPENSES - $1,055,599 PERMANENT ENDOWNMENT FOR SCHOLARSHIPS - $125,708 BOARD DESIGNATED FUNDS FOR RESEARCH ACTIVITIES - $3,690,526 PART X, LINE 2: THE LAKESHORE FOUNDATION, LAKESHORE SUPPORT ORGANIZATION, AND LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING STANDARDS CODIFICATION (ASC). THE LAKESHORE FOUNDATION, LAKESHORE SUPPORT ORGANIZATION, AND LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION HAVE DETERMINED THAT THEY DO NOT HAVE ANY TAX POSITIONS AT SEPTEMBER 30, 2024, THAT THEY WOULD BE UNABLE TO SUBSTANTIATE. TAX RETURNS FOR THE LAKESHORE FOUNDATION, LAKESHORE SUPPORT ORGANIZATION, AND LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION WERE FILED THROUGH THE FISCAL YEAR ENDED SEPTEMBER 30, 2024. TAX RETURNS FOR THE LAKESHORE FOUNDATION AND THE LAKESHORE SUPPORT ORGANIZATION FOR THE FISCAL YEAR 2020 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION. THE TAX RETURN FOR LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION FOR FISCAL YEAR 2023 (FIRST YEAR FILED) AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION. X X X X X X X 0 AL SPRING SWING GOLF TOURNAMENT 114731 114731 0 10967 26154 2774 11375 9082 COC 211284 211284 7495 28663 26681 5150 10428 326015 326015 18462 54817 29455 16525 19510 138769 -138769 1 LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION 4000 RIDGEWAY DRIVE BIRMINGHAM AL 35209 327683 0 TO SUPPORT ACTIVITIES & PROGRAMS RANCHO RESEARCH INSTITUTE PO BOX 3500 DOWNEY CA 90242 40000 0 RECIPIENT OF SSPC GRANT UNIVERSITY OF DELAWARE 30 LOVETT AVENUE 116 STUDENT SERVICES BUILDING NEWARK DE 19716 10000 0 RECIPIENT OF SSPC GRANT USOPC ONE OLYMPIC PLAZA COLORADO SPRINGS CO 80909 39820 0 RECIPIENT OF SSPC GRANT UNIVERSITY OF ALABAMA 318 ROSE ADMINISTRATION BOX 870135 TUSCALOOSA AL 35487 44205 0 RECIPIENT OF SSPC GRANT 4 PART I, LINE 2: CONTRIBUTIONS FROM LAKESHORE FOUNDATION TO LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION: THE LAKESHORE FOUNDATION IS THE SOLE MEMBER ("MEMBER") OF THE LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION (LNASO). AS THE MEMBER, LAKESHORE FOUNDATION HOLDS THE AUTHORITY TO APPOINT THE MEMBERS OF THE GOVERNANCE COMMITTEE OF LNASO. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR SELECTING INDIVIDUALS TO SERVE ON THE BOARD OF LNASO. THE UTILIZATION OF GRANTS PROVIDED TO LNASO BY LAKESHORE FOUNDATION IS MONITORED THROUGH PERIODIC MEETINGS OF THE BOARD OF DIRECTORS OF LNASO. DURING THESE MEETINGS, THE TREASURER OF THE BOARD, WHO ALSO SERVES AS THE CHIEF OPERATING AND FINANCIAL OFFICER OF LAKESHORE FOUNDATION, PRESENTS THE MOST RECENT FINANCIAL STATEMENTS OF LNASO. PROCEDURES TO MONITOR THE SPORTS SCIENCE AND PERFORMANCE RESEARCH (SSPR): THE GRANT AWARD FOR THE SPORTS SCIENCE AND PERFORMANCE RESEARCH (SSPR) PROJECT IS MONITORED THROUGH A COMPREHENSIVE PROCESS OUTLINED IN THE CONTRACT AGREEMENT AND UTILIZES THE FINAL REPORT AND BUDGET TEMPLATE. THE MONITORING PROCESS INCLUDES AN INTERIM MEETING AND SUBMISSION OF A FINAL PROGRESS AND EXPENDITURE REPORTS, WHICH ARE ESSENTIAL FOR TRACKING THE PROJECT'S ADVANCEMENT AND FINANCIAL MANAGEMENT. THE FINAL REPORT PROVIDES DETAILED DESCRIPTIONS OF THE PROJECT'S PROGRESS, COMPARING ACTUAL ACCOMPLISHMENTS WITH PROPOSED GOALS, AND ADDRESSING ANY ISSUES ENCOUNTERED. THE BUDGET TEMPLATE ENSURES TRANSPARENCY IN FINANCIAL ALLOCATIONS, DETAILING PERSONNEL COSTS, TRAVEL, SUPPLIES, AND OTHER EXPENSES. THE CONTRACT AGREEMENT STIPULATES THE REQUIREMENTS FOR USING GRANT FUNDS, REPORTING DEADLINES, AND CONDITIONS FOR MODIFICATIONS OR EXTENSIONS. IT ALSO INCLUDES PROVISIONS FOR FINANCIAL REVIEWS, AUDITS, AND EVALUATIONS BY THE LAKESHORE FOUNDATION TO ENSURE COMPLIANCE AND PROPER USE OF FUNDS. ADDITIONALLY, AN INTERIM MEETING IS CONDUCTED FOR THE GRANTEE TO REPORT PROGRESS, FURTHER ENSURING THAT THE PROJECT STAYS ON TRACK AND ANY NECESSARY ADJUSTMENTS CAN BE MADE IN A TIMELY MANNER. X X X X X 0 0 0 0 0 0 0 0 0 JOHN KEMP PRESIDENT 287365 0 43233 0 12062 0 13200 0 12274 0 368134 0 0 0 CATHY MILLER CHIEF OPERATING AND FINANCIAL OFFICE 230936 0 250 0 10718 0 9504 0 12914 0 264322 0 0 0 JEN ALLRED CHIEF PROGRAM OFFICER AND SPECIAL PR 186635 0 250 0 9254 0 7721 0 8856 0 212716 0 0 0 AMY RAUWORTH CHIEF RESEARCH AND INNOVATION OFFICE 174248 0 250 0 6899 0 7499 0 12914 0 201810 0 0 0 A THE MEDICAL CLINIC BOARD OF THE CITY OF HOMEWOOD 636001295 2013-11-01 5867500 REFUNDING SERIES 2005 BONDS THROUGH ISSUANCE OF SERIES 2013 BOND 0 0 0 B THE MEDICAL CLINIC BOARD OF THE CITY OF HOMEWOOD 636001295 2017-12-18 13390500 REFUNDING SERIES 2009 BONDS AND FINANCING CAPITAL IMPROVEMENTS 0 0 0 A 5764477 5867500 67500 5800000 2001 1 0 1 1 B 5565470 13390500 96533 9958583 2019 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 DANIEL KAMBER CHILD OF BOARD MEMBER 44548 SALARY AND BENEFITS 0 X EQUIPMENT FOR PROGRAMS 3 17763 ADJUSTED COST PER DO X ADVERTISING, VOUCHERS, SUPPLIES FOR EVENTS 2 10020 ADJUSTED COST PER DO 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT, CHIEF OPERATING AND FINANCIAL OFFICER AND CONTROLLER REVIEW THE RETURN FOR COMPLETENESS AND CORRECTNESS. THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW BEFORE THE RETURN IS FILED. LAKESHORE FOUNDATION'S AUDITED FINANCIAL STATEMENTS AND THE FORM 990 TAX RETURN ARE AVAILABLE FOR PUBLIC VIEW ON ITS WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD MEMBERS SIGN THE DISCLOSURE STATEMENT. ACCORDING TO BOARD POLICIES, IF A CONFLICT OF INTEREST IS NOTED, THE BOARD WILL EXAMINE THE UNDERLYING TRANSACTION TO DETERMINE WHETHER IT IS FAIR, REASONABLE AND IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS BASED ON THE RESULTS OF AN OUTSIDE COMPENSATION REVIEW. ANNUALLY, THE PRESIDENT PRESENTS THE FOUNDATION'S ACCOMPLISHMENT OF GOALS TO THE COMPENSATION COMMITTEE AND CHAIRMAN OF THE BOARD WHO DEVELOP A RECOMMENDATION RELATED TO COMPENSATION. SUBSEQUENT TO THE MEETING OF THE COMPENSATION COMMITTEE, THE RECOMMENDATION IS PRESENTED TO THE EXECUTIVE COMMITTEE FOR THEIR REVIEW AND APPROVAL. A COMPENSATION REVIEW IS PERFORMED EVERY THREE YEARS BY AN OUTSIDE CONSULTANT. THE REVIEW IS BASED ON INFORMATION FROM A NUMBER OF COMPENSATION SURVEYS AND FORM 990'S OF SIMILAR ORGANIZATIONS. FOR EMPLOYEES REPORTING TO THE PRESIDENT, THE PRESIDENT RECOMMENDS THEIR MERIT INCREASE BASED ON COMPLETION OF A PERFORMANCE REVIEW AND GOALS ESTABLISHED AT THE BEGINNING OF THE YEAR. THEIR COMPENSATION IS ALSO BASED ON THE RESULTS OF AN OUTSIDE COMPENSATION REVIEW. THE OVERALL SALARY BUDGET IS APPROVED BY THE COMPENSATION COMMITTEE AND BOARD DURING THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 ALL WRITTEN REQUESTS TO REVIEW THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ACTED UPON ON A CASE BY CASE BASIS. PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITIES FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE AUDIT. STATEMENT OF SUPPORT BECAUSE LAKESHORE'S INVESTMENT AND RENTAL INCOME COVERS ALL MANAGEMENT AND GENERAL AND FUNDRAISING EXPENSES, ALL CONTRIBUTIONS DIRECTLY SUPPORT PROGRAM EXPENSES. LAKESHORE SUPPORT ORGANIZATION 4000 RIDGEWAY DRIVE BIRMINGHAM AL 35209 260731767 SUPPORT LAKESHORE FOUNDATION THROUGH INVESTMENT ACTIVITY AL 501(C)(3) LINE 12A, I LAKESHORE FOUNDATION 1 LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION 4000 RIDGEWAY DRIVE BIRMINGHAM AL 35209 884336392 NATIONAL GOVERNING BODY FOR WHEELCHAIR RUGBY AND BOCCIA AL 501(C)(3) LINE 7 LAKESHORE FOUNDATION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAKESHORE NATIONAL ADAPTED SPORTS ORGANIZATION B 327683 CASH CONTRIBUTED