Carbon Builders Association

“The organization is established for the purpose of its membership. The membership is made up of active members of the construction trade industry and other non-construction industry members such as professionals and material suppliers. All members pay annual associate dues.”

“The organization has established elections every year. The elections are held for the purpose of electing current officers. The general membership has voting privileges.”

“The accountng firm completes the annual form 990. This information is reviewed with the governing board for approval. Upon approval the form 990 is submitted to the internal revenue service.”

“Members of the board of directors, volunteers, and key employees are required to sign and acknowledge any conflict of interest associated with the organization. These members are required to render an original conflict of interest disclosure form to the organization upon active participation with the organization. This conflict of interest policy is reviewed annually and is strictly enforced.”

“The wages that are paid for the administrative secretary are based upon the approved by-laws of the organization. The yearly incurred wages are approved by the board of directors.”

“The general membership has access to all financial information. If requested by the general membership, the information is made available to them either by personal inspection or copies of the desired information.”

“There is and adjustment to part xi, line 8, in the amount of $2,432. This is prior period adjustment to reflect a correction to adjust tax net assets to agree to book net assets.”

“Accounts Payable & Accrued Expenses”

“NOTE PAYABLE”

“DONATIONS 108.”