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 | DIRECTORS LLOYD THOMPSON AND NANCY SLOTTEN ARE FATHER / DAUGHTER. DIRECTORS DONN DIEDERICH AND PAUL DIEDERICH ARE BROTHERS AND HAVE A BUSINESS RELATIONSHIP. DIRECTORS TERRY BURKE AND HARLEY NESHEM HAVE A FAMILY AND BUSINESS RELATIONSHIP. DIRECTORS GREG MCCORMICK AND STEVE MCCORMICK HAVE A FAMILY AND BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION OF ELIGIBLE CONSTRUCTION CONTRACTORS IN THE STATE OF NORTH DAKOTA. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS HAVE THE RIGHT TO PROVIDE INPUT AND VOTE ON BYLAW AND OPERATIONAL CHANGES AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY ALL BOARD MEMBERS AND TOP MANAGEMENT MUST COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENT AND DISCLOSURE FORM. THE EXECUTIVE VICE PRESIDENT AND THE ENTIRE BOARD MONITOR COMPLIANCE. IF A CONFLICT ARISES, THE BOARD MEMBER MUST ABSTAIN FROM DISCUSSION AND VOTING ON THAT MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO: THE FISCAL AFFAIRS COMMITTEE REVIEWS THE EXECUTIVE VICE PRESDIDENT'S CURRENT LEVEL OF COMPENSATION AS THE STARTING POINT AND BASES ADJUSTMENTS ON BENCHMARKIN TO OTHER AGC CHAPTER COMPENSATION SURVEYS AND THE INDIVIDUAL'S PERFORMANCE. THE COMMITTEE REVIEWS THE RECOMMENDED STAFF COMPENSATION AND MAKES THIER RECOMMENDATIONS. A CONTRACT IS DRAWN UP WITH A WAGE RANGE OVER A 3 YEAR PERIOD AND THE COMMITTEE ANNUALLY APPROVES A SALARY WITHIN THE RANGE. THE PROCESS FOR COMPENSATION OF OTHER KEY EMPOLYEES IS THE EXECUTIVE VICE PRESIDENT USES THE CURRENT LEVEL OF STAFF COMPENSATION AS THE STARTING POINT AND BASES ADJUSTMENTS PRIMARILY ON BENCHMARKING TO OTHER AGC CHAPTER COMPENSATION SURVEYS AND THE INDIVIDUAL'S PERFORMANCE. THE FISCAL AFFAIRS COMMITTEE REVIEWS THE RECOMMENDED STAFF COMPENSATION AND MAKES THEIR RECOMMENDATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | AGC OF ND MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE -28,696. |
| FROM 990, PART XII, LINE 2(C) | FULL BOARD SELECTS INDEPENDENT AUDITOR AND MEETS WITH AUDITOR AT THE END OF THE AUDIT TO DISCUSS THE AUDITED FINANCIAL STATEMENTS. |
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