COMMUNITY ACTION PARTNERSHIP OF ORANGE COUNTY 6b

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80 percent or more of its annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 CFR Part 170.320 (and sub -awards); and $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts), and Federal financial assistance subject to the Transparency Act (and sub - awards); and The public does not have access to information about the compensation of the executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. Part 78m(a), 78o(d)) or section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at http://www.see.gov/answers/execomp.htm). You must report sub -recipient executive total compensation to the grantee by the end of the month following the month during which you make the sub -award. For example, If a sub -award is obligated on any date during the month of October of a given year (i.e., between October 1st and 31st), you must report any required compensation information of the sub -recipient by November 30th of that year. Definitions: Entity means all of the following, as defined in 2 CFR Part 25 (Appendix A, Paragraph (C)(3)): o Governmental organization, which is a State, local government, or Indian tribe; o Foreign public entity; o Domestic or foreign non-profit organization; o Domestic or foreign for-profit organization; o Federal agency, but only as a sub -recipient under an award or sub -award to a non -Federal entity. • Executive means officers, managing partners, or any other employees in management positions. • Sub -award: a legal instrument to provide support to an eligible sub -recipient for the performance of any portion of the substantive project or program for which the grantee received this award. The term does not include the grantees procurement of property and services needed to carry out the project or program (for further explanation, see 45 CFR Part 75). A sub -award may be provided through any legal agreement, including an agreement that the grantee or a sub -recipient considers a contract. • Sub -recipient means an entity that receives a sub -award from you (the grantee) under this award; and is accountable to the grantee for the use of the Federal funds provided by the sub -award. Total compensation means the cash and non-cash dollar value earned by the executive during the grantee's or sub -recipient's preceding fiscal year and includes the following (for more information see 17 CFR Part 229.402(c)(2)): o Salary and bonus o Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments. o Earnings for services under non -equity incentive plans. This does not include group life, health, hospitalization or medical reimbursement plans that do not discriminate in favor of executives, and are available generally to all salaried employees. o Change in pension value. This is the change in present value of defined benefit and actuarial pension plans. o Above -market earnings on deferred compensation which is not tax -qualified. o Other compensation, if the aggregate value of all such other compensation (e.g. severance, termination payments, value of life insurance paid on behalf of the employee, perquisites or property) for the executive exceeds $10,000.