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 3 | FCIA CONTRACTS WITH A MANAGEMENT COMPANY TO PROVIDE OFFICE FACILITIES, MANAGEMENT, ACCOUNTING, STAFFING, AND SUPPORT SERVICES. THE ASSOCIATION'S MANAGEMENT FEE IS COMPARED TO DATA FROM FORM 990'S OF OTHER ORGANIZATIONS AND IS APPROVED DURING THE BUDGETING PROCESS. THE ASSOCIATION CONTRACTED WITH THE MCHUGH COMPANY TO PROVIDE MANAGEMENT SERVICES IN 2019. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION HAS THREE CLASSES OF MEMBERSHIP: CONTRACTORS, MANUFACTURERS, AND ASSOCIATE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE CONTRACTOR MEMBERS ARE ABLE TO ELECT ALL MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | SOME DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY CONTRACTOR MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS INSPECTED AND SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE ASSOCIATION BUT IS NOT PRESENTED TO THE FULL GOVERNING BODY PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | NEW BOARD MEMBERS ARE ASKED TO REVIEW AND ACCEPT THE CONFLICT OF INTEREST POLICY. ALL BOARD MEMBERS ARE ASKED TO UPDATE THEIR DISCLOSURE OF CONFLICTS AT LEAST ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | FCIA HAS NO EMPLOYEES AS ALL STAFF FUNCTIONS ARE OUTSOURCED TO AN ASSOCIATION MANAGEMENT COMPANY. THE ASSOCIATION MANAGEMENT COMPANY COMPETITIVELY COMPENSATES ALL STAFF AND EVALUATES COMPENSATION BASED UPON SURVEYS AND REVIEWS OF INDUSTRY BENCHMARK DATA. THE ASSOCIATION'S GOVERNING BODY DETERMINES AND APPROVES COMPENSATION OF THE MANAGEMENT COMPANY. FCIA HAS NO EMPLOYEES AND OFFICERS ARE NOT COMPENSATED. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE ASSOCIATION ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | OTHER CONSULTANT FEES 74,215. |
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