Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, line 6 | Classes of Member or Stockholders The Association has 5 classes of Members: Regular, Associate, Honorary, Trustee and Affiliate. The 18 Board of Directors is comprised of the President, Vice President, and 1st, 2nd, 3rd Vice President, Secretary, Treasurer, Executive Vice President and 10 Directors. |
| Form 990, Part VI, Section A, line 7a | Election of Members and Their Rights Regular members shall not be limited as to a number but shall be restricted to persons, firms or corporations that regulary conduct business in the state of Florida in the custom house broker or freight forwarder. In regards to matters of the association the regular member will have one vote. The other classes of members have not vote on association matters. |
| Form 990, Part VI, Section A, line 7b | Decisions Subject to Approval of Members Matter of the association are voted on by the Board of Directors. Changes to the bylaws are voted on by the general membership. |
| Form 990, Part VI, Section B, line 11b | Organization's Process to Review Form 990 No review was or will be conducted. |
| Form 990, Part VI, Section B, line 15a | Compensation Process for Top Official Executive Board Members oversee the annual salary review process. The review process is to be completed by the anniverssary date of the last salary review. The increase of salary is based on a percentage system with a minimum of 3% and a maximum of 10%. The percentage of increase is based on productivity and performance of the employee. |
| Form 990, Part VI, Section C, line 19 | Documents will be provided upon request |
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