Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| PART VI, SECTION A, LINE 6 - MEMBERS OR STOCKHOLDERS | MEMBERSHIP CONSISTS OF COMPANIES INVOLVED IN COMMERCIAL BUILDING CONSTRUCTION. THE COMPANIES ARE CLASSIFIED AS EITHER GENERAL CONTRACTOR MEMBERS OR ASSOCIATE MEMBERS. ASSOCIATE MEMBERS CAN BE A SUPPLIER, SPECIALTY CONTRACTOR, SERVICE PROVIDER, OR ARCHITECT/ENGINEERING COMPANY. |
| PART VI, SECTION A, LINE 7A - POWER OF APPOINTING OTHER MEMBERS | THE BOARD OF DIRECTORS (BOARD) APPOINTS A NOMINATING COMMITTEE TO SELECT A MEMBER, OR MEMBERS, WHEN THERE IS A VACANCY ON THE UPCOMING YEAR'S BOARD. THERE IS ALWAYS AT LEAST ONE VACANCY TO THE UPCOMING BOARD AS THE IMMEDIATE PAST PRESIDENT ON THE CURRENT YEAR'S BOARD WILL NO LONGER SERVE AS A BOARD MEMBER. |
| PART VI, SECTION A, LINE 7B - MEMBERSHIP GOVERNANCE DECISIONS | MEMBERSHIP HAS THE ABILITY TO APPROVE OR NOT APPROVE THE NOMINATING COMMITTEE'S SELECTION OF THE UPCOMING YEARS BOARD OF DIRECTORS. |
| PART VI, SECTION B, LINE 11B - PROCESS TO REVIEW THE FORM 990 | THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS BY EMAIL AND IS REVIEWED BY THE CONTROLLER AND THE EXECUTIVE VICE PRESIDENT. ANY DISAGREEMENT WITH THE INFORMATION CONTAINED IN THE FORM 990 CAN BE MADE BY THOSE WHO HAVE BEEN GIVEN OPPORTUNITY TO REVIEW. |
| PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY | PERSONS COVERED BY THIS POLICY WILL ANNUALLY DISCLOSE OR UPDATE TO THE PRESIDENT OF THE BOARD OF DIRECTORS, ON A FORM PROVIDED BY THE ORGANIZATION, THEIR CIRCUMSTANCES THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE ORGANIZATION'S CHIEF EMPLOYED EXECUTIVE AND CHIEF EMPLOYED FINANCE EXECUTIVE WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE PRESIDENT OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURED. |
| PART VI, SECTION B, LINE 15A - TOP MGMT. COMPENSATION REVIEW | THE REVIEW OF COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT IS DONE ANNUALLY BY THE BOARD OF DIRECTORS CONCURRENTLY WITH ADOPTION OF THE UPCOMING YEAR'S ANNUAL BUDGET. THIS REVIEW IS DOCUMENTED IN THE MEETING MINUTES. |
| PART VI, SECTION B, LINE 15B - OTHER COMPENSATION REVIEW | THE COMPENSATION REVIEW IS PERFORMED ANNUALLY BY THE BOARD OF DIRECTORS. THIS REVIEW IS DOCUMENTED IN THE MEETING MINUTES. |
| PART VI, SECTION C, LINE 19 - HOW DOCUMENTS ARE MADE AVAILABLE | THE ORGANIZATION MAKES ALL RETURNS AND ANY OTHER GOVERNING POLICIES AVAILABLE UPON REQUEST. A REQUEST TO INSPECT ASSOCIATION RECORD(S) MUST BE SUBMITTED FOR APPROVAL TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS CONSIDERS SUCH REQUEST(S) TO INSPECT ASSOCIATION RECORDS ON A CASE BY CASE BASIS. |
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