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 2 | TPM President Adam Molenda and TPM Director Rick Molenda are cousins. In addition to this, Dick Molenda is a past chairman and director and is the father of TPM Director Rick Molenda and uncle of TPM President Adam Molenda. Past TPM Chairman and Director Duane Vaagen is the father of past TPM Chairman and Director Russ Vaagen. |
| Form 990, Part VI, Section A, line 6 | Timber Products Manufacturers, Inc. (TPM) is an association of employers who are in the timber products industries located primarily throughout the states of Idaho, Montana, Oregon, Washington, and Wyoming. |
| Form 990, Part VI, Section A, line 7a | Directors are elected to a two-year term. Nominees are chosen from the membership by the TPM Executive Committee, existing Directors, TPM Members, or the TPM President. Nominees for Director are elected by a quorum of the Board of Directors. Elected Directors are appointed by the Chairman of the Board of Directors. |
| Form 990, Part VI, Section A, line 7b | A membership vote can be held to approve or disprove an action undertaken by the Board of Directors. |
| Form 990, Part VI, Section B, line 11b | The Form 990 was prepared under the guidance of the organization's president by the independent accounting firm SCHOEDEL & SCHOEDEL, Certified Public Accountants, PLLC. Draft copies of the organization's financial statements and Form 990 were first provided to the organization's president who reviewed the Form 990 for accuracy and completeness. Any questions, concerns, or issues raised by the president were addressed, and any necessary revisions were made to the Form 990. The revised Form 990 was then provided to the Board of Directors for its review and approval. Any additional questions, concerns, or issues raised by the Directors were addressed, and any necessary revisions were made to the Form 990. The final version of the Form 990 was reviewed and approved for filing by the Board of Directors. |
| Form 990, Part VI, Section B, line 12c | Annually, the Board of Directors reviews the conflict of interest policy. Each board member is then asked to disclose any possible conflicts. Additionally, all interested persons (directors, service providers, or any other person having responsibility for the management or administration of the organization's finances, investments, or other proprietary information) are under a continuing obligation to disclose any potential conflict of interest to the Board of Directors as soon as it is known or reasonably should be known. |
| Form 990, Part VI, Section B, line 15a | The executive committee establishes a compensation committee to review and recommend CEO compensation. Persons with conflicts of interest with respect to the compensation arrangement at issue are not allowed to be members of the compensation committee. The compensation committee reviews the duties and responsibilities of the CEO, reviews the accomplishments and challenges faced by the CEO, and reviews any available compensation information of CEOs of regional organizations that are similar in size and complexity. The compensation committee also considers the financial ability of the organization. The compensation committee then recommends to the Board of Directors a compensation package that is reasonable and fair considering all factors. The Board of Directors consider the compensation committees recommendation, reviews the supporting information, and approves a compensation package to be offered. Contemporaneous documentation of the compensation committee's and Board of Director's deliberations, recommendations, and approval are maintained in the records of the organization. Supporting documents are also maintained. |
| Form 990, Part VI, Section C, line 19 | Copies of Timber Products Manufacturers, Inc.'s governing documents, conflict of interest policy, financial statements, and Forms 990 and 990-T are available to the general public upon written request sent to the President of Timber Products Manufacturers, Inc. at 951 E Third Avenue, Spokane, WA 99202. |
| Form 990, Part XI, line 9: | Rounding 1. |
| Software ID: | |
| Software Version: |