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 4 | THE ORGANIZATION HAS MADE THE FOLLOWING SIGNIFICANT CHANGES TO ITS BYLAWS: THE ORGANIZATION HAS CHANGED THE NUMBER OF BOARD MEMBERS THAT CONSTITUTE A QUORUM; IT HAS RE-DEFINED THE OFFICERS OF THE ASSOCIATION; HAS ADDED AS OFFICERS, THE FISCAL POLICY REPRESENTATIVES; AND HAS ADDED THE FISCAL POLICY REPRESENTATIVES TO THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE REGULAR MEMBERS OF THE COMPANY SHALL BE THE REPRESENTATIVE OR REPRESENTATIVES DESIGNATED BY THE RESPECTIVE STATE CONTRACTOR LICENSING AGENCY. SHOULD A STATE HAVE MORE THAN ONE STATE CONTRACTOR LICENSING AGENCY, THEN IT SHALL BE THE REPRESENTATIVE OR REPRESENTATIVES DESIGNATED BY EACH RESPECTIVE STATE CONTRACTOR LICENSING AGENCY. EACH STATE LICENSING AGENCY SHALL HAVE ONLY ONE VOTE FOR AND ONE AVAILABLE POSITION ON THE BOARD OF DIRECTORS. EACH MEMBER AGENCY MAY ELECT TO HAVE ONE MEMBER SERVE ON THE BOARD OF DIRECTORS. THE VOTING MEMBERS WILL RATIFY ALL PROPOSED BOARD OF DIRECTORS MEMBERS, UNLESS FOR CAUSE. SUCH CAUSE MUST BE FULLY AND PUBLICLY EXPLAINED TO THE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH STATE LICENSING AGENCY SHALL HAVE ONLY ONE VOTE FOR AND ONE AVAILABLE POSITION ON THE BOARD OF DIRECTORS. EACH MEMBER AGENCY MAY ELECT TO HAVE ONE MEMBER SERVE ON THE BOARD OF DIRECTORS. THE VOTING MEMBERS WILL RATIFY ALL PROPOSED BOARD OF DIRECTORS MEMBERS, UNLESS FOR CAUSE. SUCH CAUSE MUST BE FULLY AND PUBLICLY EXPLAINED THE MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | WE ARE A TRADE ASSOCIATION AND AS SUCH HAVE STATE, BUSINESS AND CONTRACTOR MEMBERS. ONLY STATE MEMBERS MAY SERVE ON THE BOARD OF DIRECTORS - ONE VOTE/ONE DIRECTOR PER STATE AGENCY |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY ALL MEMBERS OF THE EXECUTIVE COMMITTEE. THE RETURN, ALONG WITH THE RECOMMENDATIONS FROM THIS COMMITTEE, ARE REVIEWED BY THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE PURPOSE OF THIS DISCLOSURE POLICY IS TO PROTECT THE INTERESTS OF THE NATIONAL ASSOCIATION OF STATE CONTRACTORS' LICENSING AGENCIES WHEN THE CORPORATION IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF A MEMBER OF THE BOARD OF DIRECTORS OF THE CORPORATION OR A PERSON THAT MAY BE A "DISQUALIFIED PERSON". IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD AND COMMITTEES WITH BOARD-DELEGATED POWERS TO CONSIDER THE PROPOSED TRANSACTION OR ARRANGEMENT. A BOARD MEMBER MUST ALSO DISCLOSE ANY INFORMATION REGARDING ACTIVITIES THAT THE BOARD MEMBER KNOWS, OR REASONABLY SHOULD KNOW, CONSTITUTE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AFTER DISCLOSURE AND AFTER DISCUSSING SUCH ISSUE WITH THE INTERESTED PERSON OR SUBJECT PERSON, THE INTERESTED PERSON OR SUBJECT PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING AND THE DISINTERESTED BOARD OR COMMITTEE MEMBERS SHALL DISCUSS AND VOTE TO DETERMINE WHETHER A CONFLICT OF INTEREST, BREACH OF FIDUCIARY DUTY, BREACH OF CONTRACT, OR OTHER VIOLATION EXISTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY REVIEWING COMPARABILITY DATA AND THROUGH A VOTE OF THE BOARD OF DIRECTORS. COMPENSATION DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. DATE OF LAST REVIEW: AUGUST 27, 2018. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS CONSTITUTION AND BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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