Texo Abc Agc Inc

“Classes of members or stockholders: the membership of the organization consists of contractor members, subscriber members, industry members, visiting members, honorary members, and life members. Contractor member firms, general contractors or specialty contractors who meet the qualifications of membership and elect to pay volume dues, are the only voting members of the association and are the only members allowed to hold office. Subscriber members, specialty contractors who meet the qualifications of membership and elect not to pay volume dues, receive all association publications and construction information services. They may not vote or hold office, and may participate only in association activities approved by the board of directors. Industry members, firms other than contractor members or subscriber members which supply material or equipment to a construction project or provide services to the construction industry within specified categories or are consumers of construction services, have voting privileges limited to the election of their representatives to the board of directors. They may not hold office in the association. Visiting members hold an active contractor level membership and are in good standing with another abc or agc chapter. Visiting members are entitled to the privileges of contractor members. Honorary members, persons honored for the performance of distinguished service to the association or the construction industry by unanimous vote of the board of directors, are entitled to the privileges of membership as an individual, without payment of dues, except for the right to vote or hold office. Life members, former officers and directors of the association who are retired from the construction business and elected to life membership by the board of directors, are entitled to the privileges of membership as an individual, but shall not have the right to vote or hold office.”

“Members or stockholders who can elect members of the governing body: the board of directors is elected annually by a vote of the membership.”

“Decisions of governing body subject to approval by members or stockholders: decisions regarding the status of the organization must be approved by a vote of the membership.”

“Process to review the form 990: the organization engages an outside accounting firm to prepare form 990. Once prepared, the organization's internal accountant and president/ceo review the return prior to filing.”

“Review of ceo or top mgmt official compensation: compensation of the president and ceo are reviewed annually by the executive committee consisting of members independent of all conflicts of interest. They review comparability data and use contemporaneous documentation for records of their decisions.”

“Review of other officer or key employees compensation: compensation of key employees are reviewed annually by the executive committee consisting of members independent of all conflicts of interest. They review comparability data and use contemporaneous documentation for records of their decisions.”

“Availability of documents: the organization makes its governing documents, conflict of interest policy, and financial statements available upon request or in person.”

“Delegation of authority: an executive committee shall be established which will consist of the chairperson of the board, the chairperson elect, the vice chairperson, the secretary, the immediate past chairperson of the board, and the president/ceo who shall serve as an ex-officio member. The executive committee shall oversee the various daily functions of the association or perform other duties as directed by the board of directors.”

“Process for monitoring compliance with conflict of interest policy: the organization requires the members of the baord to disclose and their respective companies that could improperly benefit themselves or the company they represent. The board makes reasonable efforts to ensure that board members comply with this policy.”