CCIM Institute

“Except as to actions specifically stated in these Bylaws or by law to require approval of or to be taken by the Board of Directors, the Executive Committee shall have all of the power of the Board of Directors between meetings of the Board of Directors; provided, however, that the following powers shall be expressly reserved to the Board of Directors: (a) the election, appointment or removal of any officer or committee member, other than the appointment or removal of the Executive Vice President; (b) any action with respect to which a Supermajority Vote of the Board of Directors is required pursuant to Article V, Section 9; (c) the adoption, modification or amendment of the Governing Policies; (d) any action inconsistent with the Articles of Incorporation, these Bylaws and/or the Governing Policies or any standing resolution or direction of the Board of Directors; (e) the approval or modification of the education and designation requirements for candidates and designees under Article V, Section 2; (f) any change or modification to tuition fees involving more than fifteen (15%) percent of such tuition fees; and (g) the amendment of these Bylaws or the Articles of Incorporation. The Executive Committee shall report its actions as appropriate to the Board of Directors. The Executive Committee shall be responsible for oversight of the performance of the Management Team as described in the duties and responsibilities of each position on the Management Team. The Executive Committee shall report its actions and findings as appropriate to the Board of Directors.”

“Charles (Mac) McClure and Susan McClure have a family relationship. Michael Shelton and Cynthia Shelton have a family relationship.”

“The Bylaws were updated to clarify the oversight and reporting on the goals of the organization's strategic plan.”

“The Institute shall have two classes of members, voting and non-voting members. Except as otherwise expressly set forth in the Bylaws, the categories of membership within each class of members and the rights and responsibilities with respect to each such category shall be as set forth in the Governing Policies.”

“Voting members shall elect each year sixteen Directors to serve three year terms to succeed those whose terms expire. The election of Directors shall be held at the annual meeting of the members. The election shall be by written secret ballot and shall be governed by such rules and regulations as the Board of Directors may adopt for such purposes. Each voting member shall be entitled to one vote for each position open for election. The sixteen nominees receiving the highest number of votes shall be elected. In the event of a tie, a new ballot shall be held for those tied.”

“The completed Form 990 is reviewed by the executive vice president, the management team and the audit committee before it is filed with the IRS.”

“All volunteers (members of the Board of Directors, committee chairs/members, regional officers, chapter leaders, CCIM instructors, task force members, and elected leaders), employees and independent contractors must submit a signed Institute Conflict of Interest Disclosure. Volunteers, employees and independent contractors who fail to agree and adhere to the terms and conditions of the Institute's Conflict of Interest Policy and Standards of Conduct for Volunteers and Employees shall not be eligible to serve in the foregoing positions.”

“Compensation for CCIM Institute CEO's salary is determined by the CCIM leadership team and compensation surveys in the association field. The human resource department researches industry standards for the position to determine a classification and salary range. All CCIM institute employees are under the direction of the CEO. The CEO is under the direction of the board of directors. The CEO relies on the opinion of the leadership team to develop an employment contract which outlines the compensation package.”

“The form 990 and 990-T are available to the public for inspection at the corporate headquarters of the institute. Additionally, governing documents, conflict of interest policy and financial statements are also available at the corporate headquarters.”

“The following board members received compensation for instructing CCIM Institute courses, developing curriculum material, and/or operations consulting: Barbara M. Crane $457 Peter J. Barnett $13,000 Lydia P. Bennett $12,900 Joseph A. Fisher $41,445 Eric E. Hillenbrand $11,800 Richard E. Juge $7,000 Joseph Larkin $43,916 Steve Moreira $16,500 William H. Moss $6,708 Mark J. Polon $36,250 Steven R. Price $5,250 Mark Van Ark $98,370”

“Ccim institute's ("institute"ccim") mission is: - to enhance the professional competence of those engaged in the commercial-investment real estate specialty through development, promotion, and administration of educational courses, seminars, and publications. - to assimilate information, techniques and procedures relating to commercial-investment real estate, and to share such information, techniques and procedures through the institute's programs, products and services. - to recruit, train, and administer faculty and others necessary to carry out the educational program. - to establish criteria for awarding the designation of the institute and criteria for admission to candidacy and promulgate and enforce the highest standards of practice within its specialty.”