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 1 | THE EXECUTIVE BOARD SHALL CONSIST OF THE PRESIDENT, BUILDER VICE PRESIDENT, ASSOCIATE VICE PRESIDENT, SECRETARY, TREASURER, IMMEDIATE PAST ASSOCIATE VICE PRESIDENT, IMMEDIATE PAST PRESIDENT AND THE REPRESENTATIVE OF THE PAST PRESIDENTS ADVISORY COUNCIL WHO SERVES ON THE BOARD. THE EXECUTIVE DIRECTOR OF THE ASSOCIATION SHALL BE A NON-VOTING MEMBER OF THE EXECUTIVE BOARD. THE EXECUTIVE BOARD SHALL CARRY OUT THE POLICIES OF THE BOARD OF DIRECTORS BETWEEN MEETINGS AND SUCH OTHER BUSINESS REFERRED BY THE BOARD OF DIRECTORS. THE EXECUTIVE BOARD IS RESPONSIBLE FOR OVERSIGHT AND IMPLEMENTATION OF THE POLICIES AND PROCEDURES ESTABLISHED BY THE BOARD OF DIRECTORS AND SHALL SERVE AS THE BUDGET/FINANCE COMMITTEE OF THE BOARD OF DIRECTORS AND IS RESPONSIBLE FOR FINANCIAL MANAGEMENT OVERSIGHT. |
| FORM 990, PART VI, SECTION A, LINE 4 | BATC AMENDED ITS BYLAWS IN 2013 AS FOLLOWS: UPDATED THE MEMBERSHIP APPLICATION PROCESS; REVISED ITS COMMITTEE STRUCTURE; UPDATED THE DUTIES OF PRESIDENT AND TREASURER IN ACCORDANCE WITH MINNESOTA STATUTES CHAPTER 317A, AND MOVED OTHER OFFICER DUTIES TO POLICY DOCUMENTS FROM THE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS BUILDER, DEVELOPER, REMODELER AND ASSOCIATE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT THE GOVERNING BODY. THE GOVERNING BOARD HOLDS MONTHLY MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 11 | A REVIEW OF THE FORM 990 IS CONDUCTED BY THE EXECUTIVE DIRECTOR AND THE ACCOUNTING MANAGER. EXECUTIVE BOARD TO BE CONSULTED IF NECESSARY PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS SIGNED AND RETURNED BY ALL OFFICERS, DIRECTORS, AND COMMITTEE MEMBERS AT THE BEGINNING OF EACH YEAR. PROCEDURES FOR DISCLOSING AND ADDRESSING CONFLICTS ARE DETAILED IN THE WRITTEN POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | PERIODIC INCREASES ARE SET BY THE EXECUTIVE BOARD COMPENSATION COMMITTEE. COMPENSATION IS REVIEWED ANNUALLY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE BOARD OF DIRECTORS SEE MONTHLY FINANCIAL STATEMENTS, WHICH ARE AVAILABLE TO THE ORGANIZATION'S MEMBERS UPON REQUEST. |
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