Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Client Note 1 | Client Note 1 - STATEMENT IFORM 990T, PART IV, LINE 41 PROXY TAX 1. TOTAL DUES, ASSESSMENTS, ETC. RECEIVED $ 251,794 2. LOBBYING EXPENSES PAID OR INCURRED 4,500 3. LESSER OF LINES 1 OR 2 4,500 4. TOTAL NON-DEDUCTIBLE AMOUNT OF DUES NOTICES 0 5. TAXABLE AMOUNT OF LOBBYING EXPENSES (LINE 3 MINUS LINE 4) 4,500 6. PROXY TAX RATE 21% --------- 7. PROXY TAX (MULTIPLY LINE 5 BY LINE 6) $ 945 ========== |
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: SPONSOR BUILDING TRADE RELATED SEMINARS FOR THE BETTERMENT OF OUR MEMBERS. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | THE ORGANIZATION IS MADE UP OF BOARD MEMBERS THAT SERVE FOR A TWO YEAR TIME PERIOD ON STAGGERED TERMS. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | THE BOARD MEMBERS HAVE AUTHORITY TO ELECT NEW BOARD MEMBERS, OR TO ELECT MEMBERS TO SERVE IN VARIOUS CAPACITIES SUCH AS COMMITTEE MEMBERS. THESE ARE NON-RENUMERATED POSITIONS. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | THE BOARD CONDUCTS BUSINESS AND MAKES DECISIONS BASED ON A MAJORITY VOTE OF THE BOARD MEMBERS. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE GOVERNING BOARD REVIEWS AND APPROVES THE PREPARATION AND FILING OF THE 990 RETURN. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE BOARD REGULARLY REVIEWS AND DISCUSSES ISSUES THAT ARE POTENTIAL CONFLICTS OF INTEREST AND VOTES ON APPROPRIATE ACTION TO BE TAKEN. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | THE POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT INCLUDES THE FOLLOWING: 1) REVIEW AND APPROVAL BY THE GOVERNING BOARD OF THE ORGANIZATION; 2) USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS; 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEING WITH RESPECT TO THE DELIBERATION AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | THE POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION INCLUDES THE FOLLOWING: 1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION; 2) USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS; 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEING WITH RESPECT TO THE DELIBERATION AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | 18007218 |
| Software Version: | 2018v3.1 |