Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | CHARLES PEETERS, MICHAEL SEWELL, MARI TIMM-REICHEL, DIRECTORS, ARE EMPLOYEES OF SAME COMPANY, COLDWELL BANKER THE REAL ESTATE GROUP. PEETERS IS EMPLOYEE: PRESIDENT R.E. DIVISION (CO. CORPORATE OFFICER); OTHERS ARE MANAGERS. DIANE CAMPSHURE WALCZYK IS BROKER OF RESOURCE ONE REAL ESTATE; BARB YAEGER IS AGENT OF THAT COMPANY. SCOTT SWICK AND SCOTT SALAN ARE PARTNERS IN SCHMITT TITLE CO. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATIONS MEMBERS ELECT THE DIRECTORS OF THE GOVERNING BODY. THE DIRECTORS ELECT THEIR OFFICERS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOD CANNOT INCUR ANY OBLIGATION IN EXCESS OF $100.00 OVER THE AVAILABLE FUNDS ON HAND WITHOUT AUTHORIZATION BY VOTE OF A MAJORITY OF THE MEMBERS AT WHICH A QUORUM IS PRESENT FOR THE TRANSACTION OF BUSINESS. WITHIN 30 DAYS FROM THE DATE OF PUBLICATION OF ANY BOARD APPROVED AMENDMENTS TO THE BYLAWS NOT REQUIRED BY THE NATIONAL ASSOCIATION OF REALTORS, IF A PETITION IS SIGNED BY 5% OF THE MEMBERS ELIGIBLE TO VOTE, THEN THE AMENDMENT(S) IN QUESTION SHALL BE SUBMITTED TO THE MEMBERS FOR A VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION OF THE FINAL RETURN. THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 AND REPORTS, AS NEEDED, TO THE BOARD WITH ANY ISSUES. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS DISTRIBUTED TO DIRECTORS ANNUALLY AT THE FIRST MEETING & NOTICE GIVEN. IF THERE'S A PARTICULAR ISSUE UNDER CONSIDERATION WHERE A POTENTIAL CONFLICT MAY ARISE, IT IS ALSO TO BE RAISED AT THAT TIME. |
| FORM 990, PART VI, SECTION B, LINE 15 | REVIEWED CHAMBER SURVEYS, ASSOCIATION MANAGEMENT INDUSTRY SURVEYS, AS WELL AS OTHER SIMILAR ORGANIZATIONS IN THE STATE AND NATIONALLY. COMPENSATION DECISIONS ARE MADE BY INDIVIDUALS THAT DO NOT HAVE ANY CONFLICT OF INTEREST IN THE DECISION BEING MADE. ALL COMPENSATION DECISIONS ARE SUBSTANTIATED WHEN THERE IS A CHANGE IN COMPENSATION. TOP MANAGEMENT OFFICIAL'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS & CONFLICT OF INTEREST POLICY ARE POSTED ON THE ASSOCIATION'S WEBSITE AND DISTRIBUTED TO DIRECTORS EACH YEAR. FINANCIAL STATEMENTS AVAILABLE ON REQUEST UNLESS COMPETITIVE SENSITIVITY WARRANTS OTHERWISE. |
| FORM 990, PART XI, LINE 9: | EQUITY IN EARNINGS OF SUBSIDIARY 143,846. ADMINISTRATIVE SERVICE CHARGES -412,822. |
| FORM 990, PART XII, LINE 2C | THERE WERE NO CHANGES TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR. |
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