Associated Builders and Contractors Inc

“The organization has the following types of members. Full member: a business, person, firm or corporation which remits abc national and chapter dues to the new jersey chapter life member: an individual who is retired from an active role in the industry and who wishes to continue to participate in furthering the objectives, purposes and programs of the association. Candidates for life membership must have contributed significantly to the association and must be recommended by the chapter board of directors and designated a life member by the abc national board of directors. Sustaining member: an association, foundation or other non-profit group which desires abc membership and contributes money to help further the objectives, purposes and programs of the association. Multiple chapter member: a full member of another abc chapter which joins abc of new jersey where it remits only the other chapter portion of the business's total dues obligation within the proper dues category. Chapter-only dues for contractors and construction management business shall be based upon the gross annual dollar amount of construction the business performs and/or coordinates within the chapter boundaries. Abc national services will be available to the business through those chapters to which the member remits abc national dues. All members may nominate board members and participate in the election of board members.”

“All members may nominate board members and participate in the election of board members.”

“First the treasurer reviews the form 990. Then the form is distributed to the entire board electronically for their review. The board responds with comments. The form is approved, finalized, and filed with the irs upon confirmation of all board members.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring officers, directors, and the president to annually execute a disclosure form and policy sign off.”

“Selected board members review the executive director's job description, deliverables, and execution annually. In determining the executive director's compensation the board references abc national's salary reports and the market rate. Also taken into consideration are the individual's work experience and industry knowledge. The process is documented in the executive director's employee folder. During 2019 the organization hired a new executive director. A committee, consisting of three members of the governing board, conducted the hiring process. There are no other compensated officers or key employees.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”