Historical Construction Equipment Association

“Form 990, part vi, section a, line 6- business memberships are $500 per year and individual memberships are available for students ($17.50), regular ($45.00), non-us ($65.00) and life ($1,000). Membershps are open to the public.”

“Form 990, part vi, section a, line 7a- members annually vote on the election of the board of directors. The board of directors are nominated by a member committee.”

“Form 990, part vi,section a, line 8a- meetings of the board of directors are contemporaneously documented by written minutes which are distributed to the board monthly and are formally approved at the following meeting. The board of directors meet three times per year.”

“Form 990, part vi, section a, line 8b- each committee keeps written mintues of its meeting and submits monthly to the board. Any actions are recorded in the monthly board minutes as described in 8a.”

“Form 990 part vi, section b, line 10a- local chapter are affiliated with hcea, but hcea does not have any legal or financial responsibilities for these organizations.”

“Form 990, part vi, section b, line 11a- a copy of the form 990 is provided to the board of directors and management.”

“Form 990, part vi, section b, line 12c- board members review and sign a conflict of interest statement. The statements are explained at board meetings and any items discussed by the board.”

“Form 990, part vi,section b, line 15a- the board of directors reviews, annually approves and reviews all employee compensation.”

“Form 990, vi, section b line 10b- hcea provides interested chapters with a written set of guidelines for operating a local chapter, but does not oversee any aspect of the local chapter operations. Form 990, part vi, section a line 1b- three of the organizations employees are members and are not independent. Form 990, part vi, section c, line 19- the form 990, 1023, board minutes and any governing documents are available by request at the hcea office.”

“Form 990, part iii line 4d:- (grants- $1000)education awards are available annually to hcea members and their immediate family members to attend an accredited college or univeristy engineering program ( revenue-$0 )”