Recreational Off-Highway Vehicle

“Members are comprised of individuals who pay dues.”

“Each member in good standing, who pays dues, may designate one representative as a director. In the event there are more than seven members in good standing, then the four members with the largest share of retail sales of the north american market over the prior three calendar years shall each have the right to designate one full-time member as a director. Each of the remaining three director positions shall be filled by a full-time employees of any of the other members of the association and shall be elected by a vote of all members of the association.”

“All amendments to the bylaws are presented to and must be approved by the association's members.”

“A draft copy of form 990 is provided to management for review and comments; a draft of the entire return is provided to the board prior to filing of the tax return.”

“CONFLICT OF INTEREST POLICY: You are expected to avoid any activity, agreement, business investment or interest, or other situation which could appear that you are improperly benefitting from your employment with the Associations. This includes the use of your relationship with the Associations for personal profit or advantage, either directly or indirectly, such as the taking of money, merchandise or services from a vendor or member for personal gain. Good judgment will prevent the possibility of a conflict of interest from arising. However, if you engage or plan to engage in any activity or transaction which might cause an actual or perceived conflict of interest, you must disclose the situation in advance to your supervisor. Please consult Human Resources if you have any questions regarding this policy. The President, a Vice President or the Board must be consulted before the hiring of associates, contracting for services, or purchasing from suppliers that are related to, or financially associated with, an associate.”

“Annually, outside legal counsel convenes a meeting of the compensation commiteee (comprised of three or more elected board members) to review, approve, and document the president's compensation. The review process includes, but is not limited to, analysis of compensation levels for other industry leaders, american research corporation, financial results and stewardship, and accomplishments related to the organization's strategic plans. In addition, the compensation committee reviews the proposed compensation of the other officers and key employees of the organization.”

“The association makes available for public inspection a copy of its exemption application and its annual returns for the preceding three years to anyone who requests to see them in person or in writing. The documents are available during regular business hours at the organization's office. A copy is generally furnished on the same day when the request is made in person or within 30 days of receiving a written request.”

“Recreational off-highway vehicle association shares common personnel with the following organizations exempt under irs code section 501(c): motorcycle safety foundation, inc. Motorcycle industry council, inc. Specialty vehicle institute of america the right rider access fund, inc. National motorcycle safety fund to minimize overhead and administrative expenses for the organizations, these positions are required to perform certain administrative functions for all of the organizations. The duties and responsibilities are set forth in separate agreements between the organizations. To the extent necessary or required by the agreements, the association is rembursed for the costs associated with the services provided on behalf of the other organizations.”

“Other professional fees 2,165. Consultants 112,308. Contractor 24,981. Ridercoach/instructor/driver 95,803.”

“The audit oversight process has not changed from the prior year.”