Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4C | EDUCATION: THE CHAPTER OFFERS A VARIETY OF EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR FOR PROPERTY MANAGERS, HOMEOWNERS AND FOR MIXED AUDIENCES OF PROPERTY MANAGERS AND HOMEOWNERS. THE CHAPTER ALSO OFFERS WEBINAR EDUCATION PROGRAMS. CHAPTER EDUCATIONAL PROGRAM OFFERINGS INCLUDE THE DEDICATED COMMUNITY ASSOCIATION LEADER(DCAL) PROGRAM, THE LEGAL FORUM AND CMCA REVIEW PROGRAMS. THE DCAL PROGRAM WAS CREATED TO RECOGNIZE COMMUNITY ASSOCIATION VOLUNTEER LEADERS FOR THEIR COMMITMENT TO EDUCATION AND PROMOTION OF POSITIVE LIVING WITHIN THE COMMON INTEREST COMMUNITIES IN WHICH THEY SERVE. DCAL COURSES EDUCATE COMMUNITY ASSOCIATION VOLUNTEERS IN THE DAILY OPERATIONS AND ISSUES THEY MUST FACE WITHIN AN ASSOCIATION AS WELL AS FEDERAL, STATE AND LOCAL LEGISLATION. THE LEGAL FORUM IS AN ANNUAL EDUCATION EVENT SPECIFICALLY DEDICATED TO LEGAL TOPICS AND LEGAL ISSUES RELATED TO COMMUNITY ASSOCIATION LIVING. THE EDUCATION SESSIONS ARE TAUGHT BY PARTICIPATING ATTORNEYS WHO ALSO HAVE THE OPPORTUNITY TO TAKE PART IN TWO PANEL DISCUSSIONS AND A Q&A SESSION. THE CMCA REVIEW IS A TEST REVIEW COURSE FOR PROPERTY MANAGERS PREPARING TO TAKE THE CMCA TEST. PROPERTY MANAGERS MUST PASS THE CMCA TEST IN ORDER TO EARN THE CERTIFIED MANAGER OF COMMUNITY ASSOCIATIONS DESIGNATION. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THERE ARE FOUR CLASSES OF MEMBERSHIP: 1.) COMMUNITY ASSOCIATION VOLUNTEERS - ALL INDIVIDUALS RESIDING IN A COMMUNITY ASSOCIATION ARE ELIGIBLE FOR MEMBERSHIP AS A COMMUNITY ASSOCIATION VOLUNTEER, INCLUDING, WITHOUT LIMITATION, INDIVIDUALS LIVING IN COMMUNITY ASSOCIATIONS WHO HAVE A VOLUNTEER ROLE WITHIN THEIR COMMUNITY ASSOCIATION. 2.) COMMUNITY MANAGERS - THIS CLASS OF MEMBERS CONSISTS OF PROFESSIONAL MANAGERS OF ALL TYPES OF ASSOCIATION-GOVERNED COMMUNITIES. 3.) BUSINESS PARTNERS - THIS CLASS OF MEMBERS CONSISTS OF PROFESSIONALS AND OTHER PROVIDERS OF PRODUCTS, SERVICES, SUPPORT, AND COUNSEL TO ASSOCIATION-GOVERNED COMMUNITIES, INCLUDING DEVELOPERS OF SUCH COMMUNITIES. 4.) MANAGEMENT COMPANIES - THIS CLASS OF MEMBERS CONSISTS OF COMMUNITY ASSOCIATION MANAGEMENT COMPANIES. EACH MANAGEMENT COMPANY MEMBERSHIP SHALL INCLUDE AN INDIVIDUAL MEMBERSHIP TO BE HELD BY THE CEO OR EQUIVALENT OF THE MANAGEMENT COMPANY. EACH MEMBER IN GOOD STANDING IS ENTITLED TO CAST ONE VOTE ON ANY AND ALL MATTERS REQUIRED TO BE VOTED UPON BY MEMBERS AND SHALL HAVE SUCH RIGHTS, PRIVILEGES AND RESPONSIBILITIES AS THE BOARD OF TRUSTEES SHALL DETERMINE FROM TIME TO TIME. |
| FORM 990, PAGE 6, PART VI, LINE 7A | ALL MEMBERS IN GOOD STANDING ARE ELIGIBLE FOR NOMINATION TO SERVE AS A DIRECTOR. THE OFFICES OF THE CHAPTER, WITH THE EXCEPTION OF THE PRESIDENT, SHALL BE ELECTED FROM AMONG THE DIRECTORS EACH YEAR BY A MAJORITY VOTE OF THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FINANCE COMMITTEE REVIEWS THE TAX RETURN BEFORE IT IS FILED, ALONG WITH THE REVIEWED FINANCIAL STATEMENTS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | A DIRECTOR SHALL NOT VOTE UPON MATTERS THAT AFFECT HIS OR HER OWN PERSONAL OR BUSINESS INTERESTS. THESE POLICIES ARE SCRUTINIZED BY THE BOARD OF DIRECTORS AND ANY AND ALL TRANSACTIONS THAT INVOLVED A DIRECTOR ARE REVIEWED TO DETERMINE FAIRNESS TO ALL PARTIES AFFECTED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS APPROVE COMPENSATION FOR ALL EMPLOYEES. COMPENSATION IS BASED UPON COMPARABILITY DATA ON LIKE SIZED ORGANIZATIONS AND GEOGRAPHIC LOCATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS APPROVE COMPENSATION FOR ALL EMPLOYEES. COMPENSATION IS BASED UPON COMPARABILITY DATA ON LIKE SIZED ORGANIZATIONS AND GEOGRAPHIC LOCATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST |
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