Home Ventilating Institute Inc

“The organization's membership has two categories - regular membership: any business that is engaged in marketing and selling complete residential ventilation products in the u.s. And/or canada and has control over the design or manufacture of these products; and associate membership: any business that is a supplier of services or products to a regular member but does not meet the criteria for regular membership.”

“Board members are elected from the membership of the organization by a majority vote of the voting members present at the election. Board officer positions and members-at-large position nominations are the responsibility of the nominating committee.”

“The membership approves the following: the annual budget for the organization, changes to dues and fees, special assessments, changes to the bylaws, and changes to the organization's procedural publications which govern the organization's certification, verification and challenge programs.”

“The organization's vice chair/treasurer will review and approve the form 990 before filing. The executive director will review the form 990 prior to the vice chair/treasurer's review. The form 990 will be shared with the entire board of directors, though it may not occur until after the form has been filed.”

“The organization has a conflict of interest policy that addresses the consideration of potential conflicts of interest by the board of directors, committee members, volunteers, key employees, and their relatives. As per the policy, board and committee members must make disclosure of any potential conflicts of interest. If the board determines that there are any conflicts of interest, then the involved individual must thereafter refrain from discussing or voting on the particular transaction in which he or she has an interest, or otherwise attempting to exert any influence contrary to the betterment of hvi or its components to affect a decision to participate or not participate in such transaction. On an annual basis, all board members are required to sign off on an annual conflict of interest form, either stating any known conflicts, or stating that there are none.”

“The personnel committee determines a reasonable and appropriate salary for the executive director/ceo of the organization. The organization also has a written employment contract with the executive director/ceo. The executive director/ceo determines salaries for all other employees of the organization within the budget as approved by the membership.”

“The organization generally makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Officers compensation on form 990 part vii line 1c does not match officer compensation on form 990 part ix line 5. Home ventilating institute, inc. Issues the w-2s and pays all of the wages to employees but allocates employees time spent working on healthy air research and certification authority, inc. And the related wages to that related organization.”

“This process has not changed from the prior year.”