| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1 | THE ASSOCIATION SERVES TO PROMOTE, DEVELOP, AND SUPPORT COMMERCIAL AND RESIDENTIAL REAL ESTATE ACTIVITIES THAT BENEFIT THOSE WHO LIVE, WORK, AND DO BUSINESS IN THE DISTRICT OF COLUMBIA. |
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | THE ASSOCIATION IS A TRADE ORGANIZATION COMPRISED OF INDIVIDUALS AND BUSINESSES FROM FIELDS RELATED TO THE COMMERCIAL AND RESIDENTIAL BUILDING INDUSTRY WITHIN ITS JURISDICTION FOR THE BENEFIT OF THE INDUSTRY AS A WHOLE. THE ASSOCIATION SERVES TO PROMOTE, DEVELOP, AND SUPPORT COMMERCIAL AND RESIDENTIAL REAL ESTATE ACTIVITIES THAT BENEFIT THOSE WHO LIVE, WORK, AND DO BUSINESS IN THE DISTRICT OF COLUMBIA. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION HAS TWO TYPES OF MEMBERS, DEVELOPMENT AND ASSOCIATE. A DEVELOPMENT MEMBER IS A PERSON, FIRM, OR CORPORATION THAT IS, OR HAS BEEN, IN THE BUSINESS OF COMMERCIAL OR RESIDENTIAL REAL ESTATE DEVELOPMENT, CONSTRUCTION, LAND DEVELOPMENT, ASSET MANAGEMENT, GENERAL CONTRACTOR, OR COMMERCIAL OR MULTI-FAMILY RESIDENTIAL PROPERTY OWNER. AN ASSOCIATE MEMBER IS A PERSON, FIRM, OR CORPORATION ENGAGED IN ANY ALLIED TRADE, INDUSTRY, OR PROFESSION, INCLUDING WITHOUT LIMITATION APPRAISERS, ARCHITECTS, ENGINEERS, ATTORNEYS, ACCOUNTANTS, BANKERS, INSURANCE BROKERS, MARKETING AND OTHER CONSULTANTS, PROPERTY MANAGERS, AND SUPPLIERS. BOTH TYPES OF MEMBERS ARE ENTITLED TO THE FULL BENEFITS, SERVICES, AND PRIVILEGES OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE ASSOCIATION ELECT THE MEMBERS OF THE GOVERNING BODY AT AN ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FORM 990 IS REVIEWED AND APPROVED BY BOARD MEMBERS AT THE ASSOCIATION'S EXECUTIVE COMMITTEE MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | IT IS MANDATORY THAT EACH DIRECTOR, OFFICER, MEMBER OF THE EXECUTIVE COMMITTEE OR OTHER COMMITTEE WITH BOARD-DELEGATED POWER, AND THE ASSOCIATION'S STAFF MEMBERS SIGN AN ANNUAL DISCLOSURE OF THE CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE ASSOCIATION'S CEO AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE ASSOCIATION'S COMPENSATION COMMITTEE, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THE REVIEW AND APPROVAL PROCESS. THE COMPENSATION OF THE ASSOCIATION'S CEO AND KEY EMPLOYEES IS REVIEWED AND APPROVED USING COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | |
| Software Version: |