National Demolition Association

“An executive committee may be designated by resolution, adopted by the board of directors, which shall consist of the duly elected officers and the immediate past president, which committee, to the extent provided in such resolution, shall have and exercise the authority of the board of directors in the management of the association; but the designation of such committee and the delegation thereto of authority shall not operate to relieve the board of directors, or any individual director, of any responsibility imposed upon it by law.”

“The national demolition association (nda) has entered into a management contract with smithbucklin corporation. Under the terms of this agreement, nda makes payments to smithbucklin which covers staff salaries, including executive director compensation, and other overhead expenses. Smithbucklin's performance under the agreement is monitored by the board of nda. For the year ended june 30, 2019, the association's management fees and fees paid to smithbucklin corporation totaled $1,162,636 and consisted of the following: management and headquarters/executive director $300,000; administrative services $242,640; event services $138,625; education and learning services $67,060; financial management and accounting services $32,782; information technology services $36,499; marketing and communications services $122,377; creative and design services $61,990; sales services $91,381; project printing and support $48,631; and promotional products and support $20,651.”

“The board is emailed a copy of the form 990 which is reviewed by the board members.”

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