Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINES 6 AND 7. THE ASSOCIATION IS FORMED AND ORGANIZED AS A NON-PROFIT ASSOCIATION AND SHALL NOT BE INCORPORATED FOR THE PURPOSE OF MAKING A PROFIT OR GAIN FOR THE INDIVIDUAL MEMBERS OF SAID CORPORATION. MEMBERS CONSIST OF REGULAR MEMBERS WHICH ARE ANY FIRM WHOSE PRIMARY BUSINESS IS THE CONSTRUCTION OF ROADS, BRIDGES, BUILDINGS AND UNDERGROUND CONSTRUCTION, AND ASSOCIATE MEMBERS WHICH ARE ANY FIRM DOING BUSINESS WITH REGULAR MEMBERS AS DEFINED ABOVE AND IN THE ASSOCIATION'S BY-LAWS. THE MEMBERS' RIGHTS CONSIST OF ELECTING SEVEN REGULAR MEMBERS AND TWO ASSOCIATE MEMBERS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11: THE FORM 990 AND SUPPORTING SCHEDULES ARE EMAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING FORM 990 WITH IRS. ALL BOARD MEMBERS ARE SUPPLIED WITH A CHECKLIST TO ASSIST IN THEIR REVIEW OF THE FORM 990. THE TAX RETURN PREPARER IS AVAILABLE TO ANSWER ANY QUESTIONS FROM THE GOVERNING BOARD PRIOR TO FILING THE FORM 990. PART VI, SECTION B, LINE 15: THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE GOVERNING BOARD. SALARY IS COMPARABLE TO THE AMOUNT PAID TO OTHER CEO'S OF SOUTH FLORIDA NOT-FOR-PROFITS WITH SIMILAR ANNUAL BUDGETS AND NUMBER OF MEMBERS. THIS INFORMATION CAN BE FOUND IN THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES' ASSOCATION COMPENSATION & BENEFITS STUDY. ALL REVIEW AND APPROVAL PROCEEDINGS IS CONTEMPORANEOUSLY SUBSTANTIATED BY THE GOVERNING BOARD IN THE ORGANIZATION'S MINUTES MAINTAINED IN WRITING FOR EACH MEETING HELD. PART VI, SECTION C, LINE 19: THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE BY PROVIDING VIEWING TIMES UPON REQUEST AT THE ASSOCIATION'S OFFICE DURING REGULAR OFFICE HOURS. PART VI, SECTION B, LINE 12: THE ORGANIZATON RECENTLY ADOPTED A CONFLICT OF INTEREST POLICY AND IT IS IN COMPLIANCE EFFECTIVE JAN 2013. IT IS MONITORED AND ENFORCED BY REQUIRING EACH OFFICER AND DIRECTOR AND KEY EMPLOYEE TO SIGN A STATEMENT AFFIRMING RECEIPT OF COPY OF POLICY, THAT THEY HAVE READ AND UNDERSTAND IT AND THAT THEY AGREE TO COMPLY WITH THE POLICY. THE EXEC DIRECTOR PERIODICALLY REVIEWS THESE TO BE SURE THEY STAY IN COMPLIANCE. CLOSE KNOWLEDGE OF EACH BOARD MEMBER ENABLES THE ORGANIZATION TO BE ASSURED OF COMPLIANCE. RENEWAL OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY WILL TAKE PLACE ANNUALLY. |
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