Electronics Representatives Association

“The executive committee is given the authority to make decisions in emergency situations by phone contact when required; they will make routine operating decisions. They will also decide which items should be brought to the attention of the whole board of directors.”

“The organization has members whose businesses are independent sales firms of electronic components and products, or participating distributors or manufacturers in electronics. The firms becomes members by paying annual dues. They are members as long, and only as long as they pay dues. There are no shareholders.”

“Members can join as long as they estasblish that they are in electornics. Members elect the board of direcotors based upon their geographic area, and the board, in turn elects the officers.”

“Members vote on changes to the by-laws of the organization. Of course, they also vote to elect board members, one from each local chapter accross the u.s.”

“Local chapters are independent organizations with their own officers and boards of directors. They file their own tax forms and are financially independent. They are required to maintain by-laws consistent with the national organization and in some cases, at the request of the local chapters, the national organization has performed some administrative functions such as billing and collecting annual dues. Reasonable fees are charged to the chapters for this service.”

“The cfo reviews the 990s before filing and is responsible for signing the return.”

“The exercutive committee determines the pay of the ceo. While the ceo is a member of the executive committee, he does not have a vote, and is excluded from any conference regarding his pay. The executive committee and the board of directors are not paid. Tghey are reimbursed for meeting expenses.”

“UPON REQUEST.”

“Administrative functions - salaries, rent, insurance,etc. Income is derived from membership dues (270,791) and other income.”