| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | CAI PROVIDES EDUCATION AND RESOURCES TO COMMUNITY ASSOCIATION BOARD MEMBERS AND OWNERS, PROFESSIONAL MANAGERS, ASSOCIATION MANAGEMENT COMPANIES AND OTHER BUSINESSES AND PROFESSIONALS WHO PROVIDE PRODUCTS AND SERVICES TO COMMUNITY ASSOCIATIONS. |
| FORM 990, PAGE 6, PART VI, LINE 6 | WE ARE A NONPROFIT ASSOCIATION WITH AN ELECTED BOARD OF DIRECTORS THAT SERVES AS THE GOVERNING BODY, AS WELL AS VARIOUS CLASSES OF MEMBERS (THE CLASSES CONSIST OF COMMUNITY ASSOCIATION VOLUNTEERS, COMMUNITY MANAGERS, BUSINESS PARTNERS, AND MANAGEMENT COMPANIES). THE BOARD OF DIRECTORS IS REQUIRED TO HAVE REPRESENTATION OF AT LEAST TWO COMMUNITY ASSOCIATION VOLUNTEERS, TWO COMMUNITY MANAGERS, AND TWO BUSINESS PARTNER MEMBERS, AS WELL AS THREE MEMBERS AT LARGE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS IS REQUIRED TO HAVE REPRESENTATION OF AT LEAST TWO COMMUNITY ASSOCIATION VOLUNTEERS, TWO COMMUNITY MANAGERS, AND TWO BUSINESS PARTNER MEMBERS, AS WELL AS THREE MEMBERS AT LARGE. EACH MEMBER IS ABLE TO VOTE FOR INDIVIDUALS NOMINATED TO THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE MEMBERS HAVE VOTING RIGHTS TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS; AND IN THAT WAY HAVE INPUT INTO THE ASSOCIATION'S ACTIVITIES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | PRIOR TO THE BOARD OF DIRECTORS RECEIVING A COPY OF THE FORM 990, THE ACCOUNTANT AND EXECUTIVE DIRECTOR CONDUCT A REVIEW OF THE DOCUMENT. THE MEMBERS OF THE BOARD OF DIRECTORS THEN RECEIVE A COPY OF THE COMPLETE 990 BEFORE IT IS FILED WITH THE IRS, THE E-FILE FORM IS SIGNED AND THE ACCOUNTANT IS INSTRUCTED TO FILE THE FORM 990 WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | OUR CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS AND STAFF. PERSONS COVERED BY THIS POLICY REVIEW IT ANNUALLY AND ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS TO THE PRESIDENT. THE PRESIDENT THEN FOLLOWS GUIDELINES IN THE POLICY TO DETERMINE THE NEXT STEPS INCLUDING, BUT NOT LIMITED TO, DISCLOSURE TO THE BOARD, RECUSAL FROM DISCUSSIONS AND/OR DECISIONS, AND RESIGNATION. IN ADDITION, THE STAFF MONITORS PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSES THEM TO THE PRESIDENT IN ORDER TO DEAL WTH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | COPIES OF GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION, BYLAWS, AND POLICIES), FORM 990 FILINGS, AND ANY OTHER LEGALLY REQUIRED DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION BY REQUEST IN PERSON AT THE ASSOCIATION OFFICE OR IN WRITING. |
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