Sheet Metal and Air Conditioning Contractors of San Diego Industry Fund

“There shall be one class of members in this corporation. All companies engaged in the sheet metal and/or hvac business who are subject to the terms and conditions of a collective bargaining agreement between the sheet metal and air conditioning contractors national association of san diego, inc. And sheet metal workers international association, local no. 206, or between any other employer and sheet metal workers international association local no. 206, who contribute to this corporation in accordance with the terms of such collective bargaining agreements, shall be members of this corporation. Each member shall be entitled to one vote.”

“Members vote at the annual meeting.”

“Form 990 is prepared by organization's external c.p.a. And presented to the board of directors for review and approval before filing.”

“Each new responsible person shall be required to review a copy of this policy and to acknowledge in writing that he or she has done so. Each responsible person shall annually complete a disclosure form identifying any relationships, positions, or circumstances in which the responsible person is involved that he or she believe could contribute to a conflict of interest arising. Such relationships, positions, or circumstances might include service as a director of or consultant to a not-for-profit organization, or ownership of a business that might provide goods or services to smacna industry fund. Any such information regarding business interests or a responsible person or a family member shall be treated as confidential and shall generally be made available only to the administrator, the chair, and any committee appointed to address conflicts of interest, except to the extent additional disclosure is necessary in connection with the implementation of this policy.”

“Upon written request, the fund shall make its governing documents, conflict of interest policy and financial statements available for public review at a mutually convenient time.”

“The board of directors assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from prior years.”