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 7A | THE NOMINATING COMMITTEE (WHICH IS COMPRISED OF PAST PRESIDENTS, OFFICERS AND GENERAL CONTRACTOR MEMBERS IN GOOD-STANDING) PRESENTS NOMINATIONS FOR POTENTIAL BOARD MEMBERS TO MEMBERS DURING AGC'S ANNUAL MEETING, AT WHICH TIME MEMBERS PLACE THEIR VOTE. |
| FORM 990, PART VI, SECTION A, LINE 7B | CHANGES TO THE BYLAWS MUST BE APPROVED BY THE MEMBERS BEFORE BEING FILED WITH THE APPLICABLE GOVERNMENTAL AGENCY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE TREASURER REVIEWED AN ELECTRONIC COPY OF THE RETURN. ONCE APPROVED, THIS ELECTRONIC COPY WAS FORWARDED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL. WHEN A MEMBER HAS NO COMMENTS, THEY ARE DEEMED TO BE IN AGREEMENT WITH THE RETURN AS PRESENTED. |
| FORM 990, PART VI, SECTION B, LINE 12C | INQUIRIES ARE MADE WITH THE BOARD ON A REGULAR BASIS. ANNUALLY, THE BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE POLICY AFTER RECEIVING A BRIEF UPDATE REGARDING THE POLICY AND EXAMPLES OF WHAT TYPES OF TRANSACTIONS MAY CREATE A CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD HAD A SALARY SURVEY WHICH STUDIED OTHER AGC CHAPTERS' SALARIES TO ESTABLISH AND VOTE ON ANY INCREASE TO EXECUTIVE AND OVERALL STAFF SALARIES. THIS INCREASE IS PROPOSED BY THE OFFICER CORPS TO THE BOARD AND INCLUDED IN THE ANNUAL BUDGET. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAINS/LOSSES -1,357,753. |
| PART XII- FINANCIAL STATEMENTS AND REPORTING | THE OFFICERS ARE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANTS. |
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