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 | MEMBERSHIP. BOMA/GLA SHALL HAVE THE FOLLOWING MEMBERS:- PRINCIPAL MEMBERS. "PRINCIPAL MEMBERS" ARE OWNERS AND/OR MANAGERS OF ANYCOMMERCIAL, INDUSTRIAL, INSTITUTIONAL, MULTI-FAMILY, RETAIL OR MIXED-USEREAL ESTATE FACILITY; PROVIDED, HOWEVER, THAT EACH BUILDING OR FACILITYSHALL QUALIFY AND JOIN THE ASSOCIATION AS A PRINCIPAL MEMBER (I.E.,MEMBERSHIP IS FACILITY-BY-FACILITY, NOT BY OWNER AND/OR MANAGEMENT COMPANY,SO ANY ONE OWNER OR MANAGEMENT COMPANY MAY HAVE AS MANY MEMBERSHIPS AS THENUMBER OF FACILITIES THAT THEY OWN OR MANAGE). EACH PRINCIPAL MEMBER SHALLDESIGNATE ONE MEMBER REPRESENTATIVE PER MEMBERSHIP.- CORPORATE MEMBERS. "CORPORATE MEMBERS" ARE PRINCIPAL MEMBERS WHO OWNMORE THAN TEN (10) FACILITIES, AND MAY BE ELIGIBLE FOR PREFERENTIAL DUESAND VOTING RIGHTS APPROVED FROM TIME-TO-TIME BY A MAJORITY OF THE BOARD OFDIRECTORS PRESENT AT ANY REGULAR OR SPECIAL MEETING OF THE BOARD OFDIRECTORS FOR WHICH THERE IS A QUORUM. EACH CORPORATE MEMBER MAY DESIGNATEUP TO FIVE (5) MEMBER REPRESENTATIVES PER CORPORATE MEMBERSHIP.- PROFESSIONAL MEMBERS. "PROFESSIONAL MEMBERS" ARE FIRMS ENGAGED INPROPERTY/ASSET MANAGEMENT, ACCOUNTING, APPRAISAL, ARCHITECTURE, BROKERAGE,CONSULTING, DESIGN, DEVELOPMENT, ENGINEERING, FINANCE AND LAW IN AND FORTHE REAL ESTATE INDUSTRY. EACH PROFESSIONAL MEMBER SHALL DESIGNATE ONEMEMBER REPRESENTATIVE PER MEMBERSHIP.- ASSOCIATE MEMBERS. "ASSOCIATE MEMBERS" ARE FIRMS WHO PROVIDE PRODUCTSAND SERVICES IN AND FOR THE REAL ESTATE INDUSTRY. EACH ASSOCIATE MEMBERSHALL DESIGNATE ONE MEMBER REPRESENTATIVE PER MEMBERSHIP.- CORPORATE ASSOCIATE MEMBERS. "CORPORATE ASSOCIATE MEMBERS" ARE ASSOCIATEMEMBER FIRMS WHO PROVIDE PRODUCTS AND SERVICES IN AND FOR THE REAL ESTATEINDUSTRY HAVING ONE OR MORE SUBSIDIARY COMPANIES UNDER THE PARENTCORPORATIONb |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE ORGANIZATION SUBMITS THE 990 TO THE FINANCE COMMITTEE BEFORE FILING FORREVIEW. THE FINANCE COMMITTEE IS MADE OF OFFICERS OF THE BOARD ANDTHEREFORE THE PART OF THE GOVERNING APPROVAL. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | A CONFLICT OF INTEREST POLICY IS REQUIRED BY EACH BOARD MEMBER TO BE SIGNEDTHE POLICIES OF THE ORGANIZATION ARE DISCUSSED.THE EACH YEAR. DURING THE BOARD ORIENTATION IN THE BEGINNING OF EACH NEW YEAR,COMPENSATION COMMITTEE MEETS ON A YEARLY BASIS TO REVIEW AND APPROVETHE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. COMPARABLE SALARY SURVEYSARE REVIEWED TO BENCHMARK THE COMPENSATION OF EACH POSITION. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | No documents available to the public. |
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |