Worcester Property Owners Association Inc

“The organization has one class of members who must pay dues, fees or assessments established by the board of directors. Membership shall consist of persons who own or provide services to those who own rental housing in massachusetts.”

“The board of directors shall be elected by the members entitled to vote at the annual business meeting of the members.”

“Twenty-five percent or more of the organization's members having the right to vote may call a special meeting of the members for any lawful purpose at any time. Approval by the members of any of the following proposals is valid only if the notice or written waiver of notice state the general nature of the proposal or proposals: a) removing an officer or director, unless proposed by the board of directors b) amending the articles of incorporation of the bylaws, unless proposed by the board of directors c) electing to merge the corporation with another entity, electing to dispose of all or substantially all of the corporation's assets, and electing to wind up and dissolve the corporation”

“The 990 is reviewed and approved by the organization's executive director and the board of directors before it is filed.”

“In the director volunteer offer letter, directors assent to avoid conflict of interest. In one chapter where board of advisor members had business relationships among one another that ultimately distracted from the business of the association, that advisory board was disbanded.”

“Although not reportable on w-2/1099, the executive director is compensated indirectly pursuant to a commission-only sales and marketing agreement dated january 8, 2014 between masslandlords, inc. And beacon merrimack, inc., which files and 1120-s. Beacon merrimack commissions for 2021 totaled $79,680, of which $17,970 were paid and $61,710 were added to accounts payable and accrued expenses consistent with the deferred payment terms of the agreement. Key employees receive compensation as offered in their original job posting after completing various technical and soft skills screens. All jobs are posted to public websites without circulation to members, volunteers, or other staff.”

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