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 6: Explanation of Classes of Members or Shareholder | THE ORGANIZATION HAS MEMBERS. The organization's MEMBERS ARE REPRESENTATIVE OF ALL FACETS OF THE HOME BUILDING INDUSTRY - BUILDERS, DEVELOPERS, AND OTHER ALLIED TRADES AND PROFESSIONS. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | The orgainization's MEMBERS ELECT THE BOARD OF DIRECTORS ON AN ANNUAL BASIS BY BALLOT. MEMBERS CAN VOLUNTEER TO SERVE ON WORKING COMMITTEES. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | THE organization's 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 annual return of organization exempt from income tax FORM 990 is PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. |
| 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 CHIEF EXECUTIVE OFFICER 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 ORGANIZATION; 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 ORGANIZATION; 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, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS. |
| Software ID: | 18007218 |
| Software Version: | 2018v3.1 |