Connecticut Association Of

“The bod elects leadership (president, president elect, treasurer, etc.), approves the annual budget, changes to the bylaws and changes to the investment policy statement. The executive committee is empowered to act on behalf of the bod between meetings (except as prohibited), employ or dismiss the ceo, retain legal and professional counsel and expend a sum of $100,000 or less for any one expense from the reserve or operating accounts. The executive committee is composed of the president, president-elect, treasurer, immediate past president and first vice president (collectively the leadership team), regional vice presidents, division vice presidents, vice presidents at large and treasurer of the association, up to five additional appointees with voting rights recommended by the leadership team and approved by the executive committee, and a liaison to the local associations and a committee advisor both of whom are non-voting members. It is empowered to act on behalf of the bod between meetings (except as prohibited), employ or dismiss the ceo, retain legal and professional counsel and expend a sum of $100,000 or less for any one expense from the reserve or operating accounts.”

“Ronald bouffard, patricia deperry, kathy hamilton, terrence sheehan and allan smith are with bhhs new england properties; megan athnos, bryan tunney and catharine vantornhout are with brown harris stevens ct, llc; lorrie maiorano and stanley martone are with calcagni real estate; donna karnes, lucas nash and thomas shrum are with century 21; kathleen granath, carl lantz, joseph malone, steven miller, christopher mira and patricia walker are with coldwell banker; daniel contino and alexandria kebalo are with exp realty of ct; gene and linda fercodini are married and with fercodini properties; michael barbaro, david gallitto, joel grossman and stephanie paul are with huntsman, meade & partners; dawn grabover and kimberly tapscott are with keller williams; robert morey and matt streaman are with re/max in newtown; catherine gonyo and marilyn lusher are with re/max in waterford; kenneth d'arinzo, alberto lazaroand paul plonsky are with realty one; thomas clancy and nikki travaglino are with william pitt sotheby's; maura alarcon, tammy felenstein, ann gerschefski and maria hagan are with william raveis”

“Bylaws were changed to remove term limits for the treasurer, expand eligibility qualifications and/or clarify duties for some leadership positions; and reduced amount of notice required for a bylaws amendment.”

“The organization has approximately 19,200 members; 83 members elect the leadership of the board.”

“83 members elect the leadership of the board. The executive committee may appoint up to five members with voting rights to the committee who are not elected by the bod.”

“The executive committee is empowered to act on behalf of the bod between meetings (except as prohibited), employ or dismiss the ceo, retain legal and professional counsel and expend a sum of $100,000 or less for any one expense from the reserve or operating accounts.”

“The form 990 is reviewed by the finance committee prior to filing. It is not provided to the entire governing body.”

“The conflict of interest policy is part of the governing documents provided to the executive committee and directors, introduced at the first board of directors meeting annually and is part of the new director orientation process.”

“For the ceo compensation determination, the president reviews comparability data, negotiates salary with the ceo and salary and/or bonuses are authorized by the leadership team in compliance with the budget (which has been approved by the board of directors). For other staff compensation determination, the ceo reviews comparability data and determines salary is in compliance with the budget (which has been approved by the board of directors).”

“Governing documents and conflict of interest policy are posted on organization's website. Financial statements upon request.”

“Change in value of intangible assets 56,365.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”