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 | MASTER BUILDERS INC, A RELATED ORGANIZATION, PROVIDES MANAGEMENT SERVICES TO THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 6 | CONSTRUCTION UPDATE PLAN ROOM NETWORK IS AN ASSOCIATION WHOSE MEMBERS ARE PROFESSIONALS IN THE CONSTRUCTION INDUSTRY. ALL MEMBERS HAVE THE RIGHT TO VOTE ON THE GOVERNING BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS ELECT THE GOVERNING BOARD AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS MAKE UP THE COMMITTEES AND TASK FORCES, AND ALL MEMBERS HAVE THE RIGHT TO VOTE ON THE GOVERNING BOARD. OUR MEMBERS DEVELOP POLICY, PROGRAMS AND SERVICES ON A WIDE VARIETY OF ISSUES AND SUBJECTS. ALONG WITH THE MEMBERS, A PROFESSIONAL STAFF WORKS FOR THE ASSOCIATION AND CARRIES OUT THE POLICIES AND PROGRAMS DEVELOPED BY COMMITTEES AND TASK FORCES, ALL OF WHICH IS OVERSEEN BY A BOARD OF DIRECTORS AND ASSOCIATE COUNCIL. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS BY THE PRESIDENT PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | PERSONS COVERED BY THE CONFLICT OF INTEREST POLICY WILL ANNUALLY DISCLOSE OR UPDATE THE CHAIRMAN OF THE BOARD OF DIRECTORS ON A FORM PROVIDED BY CONSTRUCTION UPDATE PLAN ROOM NETWORK (CUPRN) THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS. FOR EACH INTEREST DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSUME FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE THEMSELVES FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN CUPRN; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER PARTICIPATION IN CUPRN OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH CUPRN REMOVAL PROCEDURES. |
| FORM 990, PART VI, SECTION B, LINE 15 | FORM 990 PART VI SECTION B LINE 15: COMPENSATION IS PAID BY MASTER BUILDERS OF IOWA. THE POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF MASTER BUILDERS OF IOWA APPLIES TO THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER AND OTHER OFFICERS OR KEY EMPLOYEES OF MASTER BUILDERS OF IOWA THAT PROVIDE SERVICES TO CUPRN. THE PROCESS INCLUDES 1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE MASTER BUILDERS OF IOWA; 2) USE OF DATA FOR COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS; AND 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS AND FORM 990'S ARE MADE AVAILABLE UPON REQUEST AT THE OFFICE OF MASTER BUILDERS OF IOWA, AN AFFILIATED ORGANIZATION. |
| FORM 990, PAGE 1, LINE 6: | THESE VOLUNTEERS SERVE ON COMMITTEES, THE ASSOCIATE COUNCIL, AND BOARD OF DIRECTORS THROUGHOUT THE YEAR. THE NUMEROUS COMMITTEES ARE RESPONSIBLE FOR GENERATING SERVICES, NEW IDEAS, AND POLICIES THAT REFLECT THE NEEDS OF AN EVER CHANGING INDUSTRY AND OUR COLLECTIVE MEMBERSHIP. THE ASSOCIATE COUNCIL AND THE BOARD OF DIRECTORS OVERSEE THE PLACEMENT OF POLICIES AND THE ASSOCIATION IS RUN IN A MANNER THAT IS BENEFICIAL FOR THE MEMBERS. |
| FORM 990, PART XI, LINE 2B: | ALTHOUGH THE ORGANIZATION DOES NOT RECEIVE STAND ALONE GAAP FINANCIAL STATEMENTS, IT DOES RECEIVE ON AN ANNUAL BASIS FROM INDEPENDENT AUDITORS, CONSOLIDATED ENTITY GAAP FINANCIAL STATEMENTS FOR THE ORGANIZATION AND ITS AFFILIATES. |
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