Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company | Management company handles day-to-day administrative responsibilities of Organization, including website management, member recruiting and management,banking, accounts payable & receivable, advertising, communications, coordination of all association functions and activities. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | Membership categories include agents, underwriters, associate company, title examiners, individuals and emeritus. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | Members of Association elect Board of Directors and Officers, who govern the Association. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Bylaws amendments. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | A draft of the Form 990 will be provided to the Board to review and approve via formal vote. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Annually, each board member is required to sign a statement that they have no conflicts of interest, or if they have a conflict of interest, they are required to describe the conflict in writing to the Board. At each meeting, Board members are reminded of the Association's anti-trust guidelines. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | In determining compensation for Executive Director, Association reviewed comparable industry contract fees for other State land title associations, and received quotes from other management companies. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Available upon request. |
| Software ID: | 18007218 |
| Software Version: | 2018v3.1 |