Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
WILDLIFE CONSERVATION SOCIETY
Employer identification number
13-1740011
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization?
................
11g(i)
(ii)
a family member of a person described in (i) above?
......................
11g(ii)
(iii)
a 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of support?
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
122,313,298
125,627,662
131,117,659
127,338,260
159,029,958
665,426,837
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3..
122,313,298
125,627,662
131,117,659
127,338,260
159,029,958
665,426,837
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
22,369,815
6
Public Support. Subtract line 5 from line 4.
643,057,022
Section B. Total Support
Calendar year(or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
7
Amounts from line 4..
122,313,298
125,627,662
131,117,659
127,338,260
159,029,958
665,426,837
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
22,743,627
-110,311,644
16,723,813
21,106,670
8,963,773
-40,773,761
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
18,822,355
24,254,152
29,151,370
24,927,702
30,113,246
127,268,825
11
Total support (Add lines 7 through 10).
751,921,901
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
51,157,154
13
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here..........................................
Section C. Computation of Public Support Percentage
14
Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f))
.........
14
85.520 %
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
85.380 %
16a
33 1/3% support test—2011.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
......................
b
33 1/3% support test—2010.
If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2011.
If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization
..................................................
b
10%-facts-and-circumstances test—2010.
If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported organization
..............................................
18
Private Foundation
If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions
...................................................
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public Support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2007
(b) 2008
(c) 2009
(d) 2010
(e) 2011
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13
Total support (Add lines 9, 10c, 11 and 12.).
14
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public Support Percentage for 2011 (line 8 column (f) divided by line 13 column (f))
.........
15
16
Public support percentage from 2010 Schedule A, Part III, line 15
...............
16
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2011 (line 10c column (f) divided by line 13 column (f))
......
17
18
Investment income percentage from 2010 Schedule A, Part III, line 17
.............
18
19a
33 1/3% support tests—2011.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
..........
b
33 1/3% support tests—2010.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
....
20
Private Foundation
If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 4
Part IV
Supplemental Information.
Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2011
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
WILDLIFE CONSERVATION SOCIETY
Employer identification number
13-1740011
Identifier
Return Reference
Explanation
ADDITIONAL INFORMATION
FORM 990
FORM 990 PART I LINE 1 - MISSION STATEMENT CONTINUED WILDLIFE PARKS, LED BY THE FLAGSHIP BRONX ZOO. TOGETHER THESE ACTIVITIES CHANGE ATTITUDES TOWARDS NATURE AND HELP PEOPLE IMAGINE WILDLIFE AND HUMANS LIVING IN HARMONY. WCS IS COMMITTED TO THIS MISSION BECAUSE IT IS ESSENTIAL TO THE INTEGRITY OF LIFE ON EARTH.
EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS
FORM 990, PAGE 1, PART I, LINE 6
WILDLIFE CONSERVATION SOCIETY HAS VOLUNTEERS IN ALL OF OUR NYC PARK FACILITIES. THESE INDIVIDUALS ASSIST IN OUR EDUCATION EFFORTS AS DOCENTS, OR MAY BE INSIDE AN EXHIBIT WITH A RARE ANIMAL OR ARTIFACT. THEY PROVIDE INFORMATION ON WCS'S ANIMAL COLLECTION TO OUR VISITORS. OUR FOZ (FRIENDS OF THE ZOO)VOLUNTEERS DONATE THEIR TIME FOR A TWO YEAR PERIOD WHILE THEY LEARN ABOUT OUR LIVING INSTITUTIONS, OUR GLOBAL PROGRAMS, ANIMAL HABITATS, AND EDUCATIONAL PROGRAMS. THEY ARE TRAINED BY WCS STAFF AND ARE ENCOURAGED TO ATTEND EDUCATIONAL CLASSES. VOLUNTEERS MAY ALSO BE INTERNS STUDYING: VETERINARY, EXHIBIT GRAPHICS AND DESIGN OR OTHER SPECIALITIES, USUALLY EARNING SCHOOL CREDIT OR SERVICE HOURS FOR THE TIME THEY ARE AT OUR FACILITIES. OUR NEW YORK AQUARIUM HAS VOLUNTEER DIVERS WHO ASSIST US IN MAINTAINING THE WATER QUALITY OF OUR EXHIBIT TANKS. THEY ARE EXPERIENCED DIVERS, WHO ACCUMULATE DIVE HOURS TOWARDS MAINTAINING THEIR DIVING CERTIFICATION. THE NUMBER OF VOLUNTEERS AT EACH FACILITY IS AS FOLLOWS: BRONX ZOO 158, NY AQUARIUM 283, CENTRAL PARK ZOO 150, PROSPECT PARK ZOO 132,AND QUEENS ZOO 51.
FIRST ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4A
TURTLE DIVERSITY, INCLUDING CAMBODIA, CHINA, MYANNAR, VIETNAM, COLUMBIA, ECUADOR AND GUATEMALA. 2.WCS HAS LED EFFORTS TO PROTECT THE BIODIVERSITY OF MADAGASCAR'S MAKIRA FOREST FOR MORE THAN A DECADE. WITH WCS PLANNING ASSISTANCE AT BOTH THE GOVERNMENT AND COMMUNITY LEVEL, THE MAKIRA NATURAL PARK BECAME THIS ISLAND NATION'S LARGEST PROTECTED AREA IN 2012. 3.WCS IS DEVELOPING AND WORKING WITH INTELLIGENCE NETWORKS (ENFORCEMENT AGENCIES AND CUSTOMS) AROUND OUR ELEPHANT SITES IN ASIA TO DETECT AND APPREHEND POACHERS AND ILLEGAL WILDLIFE TRADERS. WE ARE PARTNERING WITH THE AUTHORITIES TO ENSURE THAT THESE INDIVIDUALS ARE PROSECUTED IN COURT AND GIVEN APPROPRIATE SENTENCES. 4.WCS'S LONG-RUNNING COLLABORATION WITH THE GOVERNMENT OF THAILAND TO TRAIN AND DEPLOY PARK GUARDS IN THE COUNTRY'S MOST IMPORTANT RESERVE HAS LED TO SEVEN YEARS OF POPULATION STABILITY IN TIGERS AND OTHER WILDLIFE. 5.RESEARCHERS FROM WCS'S COLUMBIA PROGRAM ASSISTED IN CONFIRMING PRESENCE OF A CRITICALLY ENDANGERED SUBSPECIES OF BROWN SPIDER MONKEY IN SELVA DE FLORENCIA NATIONAL PARK. 6.CONSERVATIONISTS FROM WCS'S PERU PROGRAM DISCOVERED 365 PREVIOUSLY UNDOCUMENTED SPECIES IN BAHUAJA-SONENE NATIONAL PARK. 7.WORKING WITH THE REPUBLIC OF SOUTH SUDAN AND USAID, WCS HELPED TO INAUGURATE A NEW STATE-OF-THE-ART PARK HEADQUARTERS FOR BOMA NATIONAL PARK. 8.CONSERVATIONISTS WITH WCS'S AFGHANISTAN PROGRAM CAPTURED AND FIT TWO SNOW LEOPARDS WITH SATELLITE COLLARS, A FIRST FOR SNOW LEOPARD RESEARCH IN THE COUNTRY. 9. WORKING WITH THE CENTER FOR DISEASE CONTROL (CDC) AND OTHER PARTNERS, WCS HEALTH EXPERTS HELPED TO IDENTIFY ANIMAL-BORNE PATHOGENS IN ILLEGALLY IMPORTED WILDLIFE ENTERING THE UNITED STATES. 10.WORKING WITH GUATEMALA PARTNERS, WCS HELPED FACILITATE AN AGREEMENT TO SAFEGUARD SOME 80,000 ACRES OF INTACT FOREST IN THE HEART OF THE MAYA BIOSPHERE RESERVE.
SECOND ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4B
THERE ARE NOW TWO MALE AND SEVEN FEMALE BIRDS IN THE COLLECTION. 3. THE EDUCATION DEPARTMENT AT THE BRONX ZOO WAS NAMED THE WINNER OF THE 2012 EDCON AWARD FOR EXCELLENCE IN PROGRAMMING BY THE AMERICAN ASSOCIATION OF MUSEUMS (AAM) FOR ITS WILDLIFE CAREER LADDER PROGRAM FOR TEENS. THE EDCON AWARD FOR EXCELLENCE IN PROGRAMMING REOGNIZES EXEMPLARY CREATIVITY AND INNOVATION IN MUSEUM EDUCATIONAL PROGRAMMING. 4. THE BRONX ZOO LEAD FLAMINGO RESEARCHERS IN BANDING AND HEALTH ASSESSMENT PROJECT IN THE BAHAMAS. THE RESEARCHERS CORALLED A LARGE GROUP OF JUVENILE CARIBBEAN FLAMINGOS IN ORDER TO ATTACH LEG BANDS, RECORD BODY MEASUREMENTS, AND CONDUCT BRIEF HEALTH ASSESSMENTS. IN ALL 198 FALMINGOES WERE BANDED. THE BANDS WILL ENABLE RESEARCHERS TO IDENTIFY THESE BIRDS IN THE FUTURE AND TRACK MOVEMENTS AND MIGRATION TO DIFFERENT BREEDING COLONIES THROUGHOUT THE CARIBBEAN. 5. WCS CREATED THE ONLINE TEACHER ACADEMY IN 2007. THE PROGRAM INTRODUCE EDUCATORS TO LIFE SCIENCE CONTENT, TEACHING METHODS, AND NEW TECHNOLOGY WHILE USING RESOURCES LIKES ZOOS AND AQUARIUMS AS SERIOUS TOOLS FOR TEACHING SCIENCE. THROUGH PROFESSIONAL DEVELOPMENT, THE ONLINE TEACHERS ACADEMY MAKES A SIGNIFICANT IMPACT ON ENVIROMENTAL AND CONSERVATION EDUCATION IN THE CLASSROOM. THE WEB-BASED RESOURCE FOR TEACHER PROFESSIONAL DEVELOPMENT HAS ALREADY MADE A TREMENDOUS DIFFERENCE IN TEACHING EDUCATORS ABOUT CONSERVATION IN NEW YORK CITY, ACROSS THE COUNTRY AND AROUND THE GLOBE. 6. THERE WERE SEVERAL SIGNIFICANT BIRTHS AT THE BRONX ZOO THIS YEAR: A TRIO OF BLACK-NECKED SWAN CYGNETS WERE HATCHED IN SPRING 2012. THREE RARE SPECIES OF SPUR-WINGED CHICKS WERE HATCHED IN JUNE 2012. THE SPECIES IS RARE IN THE U.S. ZOOS; THERE ARE CURRENTLY ONLY 35 BIRDS IN 14 ASSOCIATION OF ZOOS AND AQUARIUMS (AZA) ACCREDITED FACILITIES. A COQUEREL'S SIFAKA AND COLLARED LEMUR WERE ALSO BORN AT THE BRONX ZOO. ALL LEMURS SPECIES ARE ENDEMIC TO THE ISLAND NATION OF MADAGASCAR. BOTH THE SIFAKA AND THE LEMUR ARE SEEING DRAMATIC DECLINES IN POPULATION DUE TO THE LOSS OF SUITABLE HABITAT AND THE INTERNATIONAL UNION FOR CONSERVATION OF NATURE (IUCN) HAS DESIGNATED THE SIFAKA AS AN ENDANGERED SPECIES AND THE COLLARED LEMUR AS VULNERABLE. THE NEW YORK AQUARIUM CONTINUES TO ADVANCE ITS AMBITIOUS EXHIBIT REDEVELOPMENT PROGRAM: 1.THE NEW YORK AQUARIUM OPENED A NEW SUMMER EXHIBIT, A-MAZE-ING WATER, AS PART OF THE WORLD OCEANS DAY. THE PROGRAM FEATURED WATER EXTREME JOURNEY, WHERE VISITORS TRAVELLED THROUGH A 1,500 SQUARE FOOT MAZE, LEARNING ABOUT THE ENVIROMENTAL THREATS THAT PLAGUE OUR WATERWAYS ALONG THE WAY TO AN OCEAN-THEMED DESTINATION. GUESTS ALSO LEARNT ABOUT THE AQUARIUM'S NEW YORK SEASCAPE, A CONSERVATION PROGRAM DESIGNED TO RESTORE HEALTHY POPULATIONS OF LOCAL MARINE SPECIES - MANY OF THEM THREATENED - AND TO PROTECT NEW YORK MARINE WATERS. 2. WCS LAUNCHED THE NEW YORK SEASCAPE, A LOCAL CONSERVATION PROGRAM PART OF WCS'S A SEA CHANGE INITIATIVE , A 10-YEAR PLAN TO REVITALIZE THE AQUARIUM AND IGNITE THE REBIRTH OF CONEY ISLAND. AN IMPORTANT COMPONENT TO A SEA CHANGE INCLUDES CONSTRUCTION OF A NEW EXHIBIT OCEAN WONDERS:SHARKS 3.SEVERAL NOTABLE ADDITIONS TO THE AQUARIUM'S COLLECTION WERE ADDED THIS YEAR. AN ORPHANED SOUTHERN SEA OTTER PUP FROM MONTEREY WAS ADDED TO THE AQUARIUM'S COLLECTION, BRINGING THE SEA OTTER NUMBERS TO THREE YOUNG MALES. THE FIRST BLACKFOOTED PENGUIN CHICK TO HATCH AT THE AQUARIUM IN THIRTY YEARS FULLY FLEDGED AND IS NOW ON EXHIBIT, AND THE AQUARIUM'S AQUARISTS HAD SUCCESFULLY PROPAGATED AN UNPRECENDENTED NUMBER OF POTBELLIED SEAHORSES AND THE LOCALLY THREATENED NORTHERN SEAHORSE.
THIRD ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4C
NOTABLY THE RENOVATION OF LIFE SUPPORT SYSTEM TO THE CPZ' PENGUIN EXHIBIT. 3.WILDLIFE CONSERVATION EDUCATION PROGRAMS CONTINUE TO EXPAND AT THE ALL THREE CITY ZOOS, VENTURING INTO AREAS OF URBAN ECOLOGY EDUCATION TO ADDRESS TOPICS OF CONSERVATION CONCERN IN THE NEW YORK METROPOLITAN AREA. 4.PROSPECT PARK ZOO RE-OPENED THE RENOVATED DISCOVERY CENTER FOR CHILDREN. THE REDESIGNED SPACE INCLUDES THE ADDITION OF SEVERAL NATURE-THEMED LEARNING AREAS FOR CHILDREN AND FAMILIES, CAMPSITE FOR READING NATURE BOOKS, PUPPETS AND COSTUMES FOR KIDS TO PEFORM THEIR OWN WILDLIFE PLAYS AND AN AREA WHERE KIDS CAN PLAY. 5. PPZ DEBUTED A NEW DINGO EXHIBIT IN SPRING 2012. THE AUSTRALIAN DINGOES (TWO MALES AND TWO FEMALES) ARE NEW SPECIES FOR THE ZOO AND A PERFECT ADDITION TO THE ZOO'S AUSTRALIAN WALKABOUT ON THE DISCOVERY TRAIL. THESE ARE THE FIRST DINGOES IN A NEW YORK CITY ZOO IN 40 YEARS. 6.THE QUEENS ZOO PRODUCED A TEXAS LONGHORN CALF IN SPRING 2012, BRINGING THE TOTAL TO THREE LONGHORNS AT THE QUEENS ZOO. 7.THE QUEENS ZOO ALSO WELCOMED FOUR NEW PRONGHORN ANTELOPE FAWNS - THREE FEMALES AND A MALE. THE PRONGHORN ANTELOPE IS THE LONE MEMBER OF THE FAMILY ANTILOCAPRIDAE. THEY ARE TRUE AMERICAN NATIVES THAT DO NOT OCCUR ANYWHERE ELSE IN THE WORLD.
ALL OTHER ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4D
NOAA REGIONAL PARTNERSHIP GRANT PROGRAM CONTINUED TO WORK WITH LOCAL NOT-FOR-PROFIT COMMUNITY BASED ORGANIZATIONS ON VARIOUS ENVIRONMENTAL PROGRAMS AND PROJECTS. THIS PROGRAM HAS BEEN INSTRUMENTAL IN BRINGING TOGETHER ORGANIZATIONS FROM THE SURROUNDING COMMUNITY TO ENHANCE THE WATER QUALITY OF THE BRONX RIVER AND OTHER LOCAL WATERWAYS.
WCS IS A NEW YORK NOT-FOR-PROFIT CORPORATION WITH VOTING AND NON-VOTING MEMBERS AND WITH NO STOCKHOLDERS. VOTING MEMBERS MAY VOTE TO ELECT TRUSTEES AND VOTE ON CERTAIN CORPORATE ACTIONS PURSUANT TO NEW YORK LAW GOVERNING NOT-FOR-PROFIT CORPORATIONS.
ELECTION OF MEMBERS AND THEIR RIGHTS
FORM 990, PAGE 6, PART VI, LINE 7A
SEE RESPONSE ABOVE REGARDING LINE 6
DECISIONS SUBJECT TO APPROVAL OF MEMBERS
FORM 990, PAGE 6, PART VI, LINE 7B
SEE RESPONSE ABOVE REGARDING LINE 6
POLICIES AND PROCEDURES GOVERNING CHAPTERS
FORM 990, PAGE 6, PART VI, LINE 10B
WCS HAS NO CHAPTERS. WCS HAS BRANCH OFFICES IN A NUMBER OF LOCATIONS. WCS HAS AFFILIATES. WCS HAS ADOPTED POLICIES AND PROCEDURES THAT ARE APPLICABLE TO ITS BRANCH OFFICES AND AFFILIATES.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
FORM 990, PAGE 6, PART VI, LINE 11B
WCS'S 990 IS PREPARED BY THE COMPTROLLER AND THE COMPTROLLER'S STAFF IN CONSULTATION WITH OTHER WCS OFFICERS AND STAFF AND WCS'S OUTSIDE AUDITORS. THE DRAFT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND BY WCS'S OUTSIDE AUDITORS. BEFORE FILING, THE DRAFT 990 IS REVIEWED BY THE AUDIT COMMITEE AND PROVIDED TO THE ENTIRE BOARD OF TRUSTEES BY POSTING ON A SECURE WEBSITE ACCESSIBLE TO ALL THE TRUSTEES.
ENFORCEMENT OF CONFLICTS POLICY
FORM 990, PAGE 6, PART VI, LINE 12C
WCS'S BOARD OF TRUSTEES HAS ADOPTED A WRITTEN CONFLICTS OF INTEREST POLICY APPLICABLE TO TRUSTEES AND OFFICERS AND ANOTHER WRITTEN CONFLICTS OF INTEREST POLICY APPLICABLE TO EMPLOYEES. UNDER THESE POLICIES, TRUSTEES, OFFICERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS AND POSSIBLE CONFLICTS WHENEVER THEY BECOME AWARE OF THEM. IN ADDITION, THE DISCLOSING INDIVIDUAL MAY NOT PARTICIPATE IN THE CONSIDERATION OR ACTION ON THE RELEVANT MATTER. ANNUALLY TRUSTEES AND OFFICERS AND CERTAIN MANAGEMENT EMPLOYEES ARE REQUIRED TO COMPLETE AND RETURN A STATEMENT AFFIRMING THEIR KNOWLEDGE OF THE POLICY AND THEIR COMMITMENT TO ABIDE BY IT, AND ALSO TO IDENTIFY KNOWN CONFLICTS AND POSSIBLE CONFLICTS. UNDER THE APPLICABLE POLICY ANY CONFLICT OR POSSIBLE CONFLICT IS TO BE DEALT WITH ON A CASE BY CASE BASIS, IN THE CASE OF EMPLOYEES, BY MANAGEMENT UNDER SUPERVISION OF THE AUDIT COMMITTEE, AND IN THE CASE OF TRUSTEES, BY THE AUDIT COMMITTEE.
COMPENSATION PROCESS FOR TOP OFFICIAL
FORM 990, PAGE 6, PART VI, LINE 15A
UNDER THE WCS BYLAWS, THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY AND AUTHORITY TO FIX THE COMPENSATION OF ALL CORPORATE OFFICERS. THAT COMMITTEE DECIDES THE FORM AND AMOUNT OF COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND SENIOR MANAGERS USING THE METHODS LISTED IN SCHEDULE J, PART I LINE 3. THE COMMITTEE IS COMPOSED OF PERSONS WITHOUT A CONFLICT WITH RESPECT TO ITS COMPENSATION DECISIONS. THE COMMITTEE RELIES ON APPROPRIATE DATA AS TO THE RESONABLENESS OF COMPENSATION AND DOCUMENTS THE BASIS FOR EACH DECISION AT THE TIME THE DECISION IS MADE.
COMPENSATION PROCESS FOR OFFICERS
FORM 990, PAGE 6, PART VI, LINE 15B
YES SEE ABOVE
STATES WHERE COPY OF RETURN IS FILED
FORM 990, PAGE 6, PART VI, LINE 17
ILLINOIS, INDIANA, KANSAS, KENTUCKY, MASSACHUSETTS, MARYLAND, MAINE, MICHIGAN, MINNESOTA, MONTANA, NORTH CAROLINA, NORTH DAKOTA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, TEXAS, UTAH, VIRGINIA, WASHINGTON, WISCONSIN, WEST VIRGINIA, WYOMING
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
FORM 990, PAGE 6, PART VI, LINE 19
OUR AUDITED FINANCIAL STATEMENTS, IRS 990, AND IRS 990T ARE POSTED AND AVAILABLE ON OUR WEBSITE. THE IRS 990 IS ALSO POSTED ON GUIDESTAR. DOCUMENTS ARE ALSO FURNISHED UPON REQUEST.
RELATED ORGANIZATIONS
FORM 990, PAGE 7, PART VII
INDIVIDUALS LISTED IN PART VII, COLUMN (A), DEVOTED THE FOLLOWING ESTIMATED HOURS PER WEEK TO RELATED ORGANIZATIONS. FOR ALL OTHER INDIVIDUALS LISTED IN PART VII, COLUMN (A), ZERO HOURS PER WEEK WERE DEVOTED TO RELATED ORGANIZATIONS. JOHN F. CALVELLI - 0.3 HRS/WK JOHN G. ROBINSON - 0.2 HRS/WK PATRICIA CALABRESE - 0.3 HRS/WK CHRISTOPHER J. MCKENZIE - 0.5 HRS/WK ROBERT CALAMO - 0.3 HRS/WK JOSHUA R. GINSBERG - 1.0 HRS/WK
OTHER CHANGES IN NET ASSETS EXPLANATION
FORM 990, PART XI, LINE 5
UNREALIZED INVESTMENT LOSS IN THE AMOUNT 18,995,354 AND NET LOSS FOR SUBIDIARY ACTIVITIES IN THE AMOUNT OF 9,209,163 ARE ON THE WCS FINANCIAL STATEMENT BUT IS NOT INCLUDED ON FORM 990 AS RECOGNIZED LOSS. INVESTMENT EXPENSES IN THE AMOUNT OF 2,541,786 IS INCLUDED IN WCS FINANCIAL STATEMENT, SHOWN NET OF INVESTMENT INCOME. THIS TRANSACTION IS INCLUDED IN FORM 990 AS INVESTMENT EXPENSE ON PART IX STATEMENT OF FUNCTIONAL EXPENSES, LINE ITEM 11F.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.