Valley Home Builders Association of Wisconsin Inc

“The organization has four types of members: builder: any individual who operates or is employed by a firm, partnership, corporation, or other recognized business entity in the business of building, remodeling or land development, holds current credentials required by the state of wisconsin to obtain building permits and meets the membership requirements as prescribed in the association policy manual, shall be eligible to be a builder member. Industry partner: any individual who operates or is employed by a firm, partnership, corporation, or other recognized business entity who wishes to join the association and does not meet the definition outlined for builder member, and is not inconsistent with the objectives of this association and meets the membership requirements as prescribed in the association policy manual, shall be eligible to be an industry partner member. Additional employee: any individual who is an employee of a firm represented by a builder or industry partner as defined in article iv, section 1, (a) or (b) of these bylaws and meets the membership requirements as prescribed in the association policy manual, shall be eligible to be an additional employee member. Honorary: any individual who distinguishes himself or herself by meritorious service to the association, and who is no longer engaged in the activities of the other membership categories (as defined in article iv, section 1, (a), (b) or (c), may be elected by a 2/3 vote of the board of directors to be an honorary member.”

“Members of valley home builders association of wi, inc. (hba fox cities) annually elect the board of directors.”

“Any changes to the bylaws are subject to approval by members.”

“No committee has the authority to act on behalf of the board of directors.”

“The chief executive officer reviews the form 990 before filing and the organization provides the form 990 to members of its governing body upon request.”

“On an annual basis, each member of the board of directors is provided a copy of the conflict of interest policy and is required to complete and sign the acknowledgement and disclosure form. The board of directors recognizes that conflicts of interest are not uncommon, and that not all conflicts of interest are necessarily harmful to hba fox cities. However, the board requires full disclosure of all actual and potential conflicts of interest. Each covered official shall disclose any and all facts that may be construed as a conflict of interest, both through an annual disclosure process and whenever such actual or potential conflict occurs. The board of directors will determine whether or not a conflict of interest exists, and whether or not such conflict materially and adversely affects the interests of hba fox cities. A covered official whose potential conflict is under review may not debate, vote, or otherwise participate in such determination. If the board of directors determines that an actual or potential conflict of interest does exist, the board shall also determine an appropriate remedy. Such remedy may include, for example, the recusal of the conflicted covered official from participating in certain matters pending before the board or other hba fox cities body. Additionally, board members in-attendance at each board meeting are required to sign a conflict of interest statement on the sign-in sheet.”

“In reviewing and approving the compensation of the ceo, executive director or top management official, the executive committee (any executive committee member with a conflict of interest in respect to the compensation agreement will not participate in determining compensation) conducts a formal meeting and: 1) uses comparability data from information obtained from the irs form 990 filings of similar organizations as well as local organizations. 2) upon hire, produces a written detailed compensation package signed and dated by two members of the executive committee and employee. 3) reviews annual budget and approves overall compensation.”

“The association's governing documents and conflict of interest policy is available to the public upon request.”