Minnesota Retailers Association

“The executive committee consists of members of the board of directors, including the chair of the association. The executive committee may act for and in the name of the board of directors between meetings of the board of directors. The executive committee reports to the board of directors on the committee's actions by sending minutes of the committee's meetings to all members of the board of directors.”

“Any person, firm, partnership, corporation or association engaged in the business of retailing in the state of minnesota is eligible to become an active member of the association by written application. Membership will be granted for any applicant unless a majority of the board of directors votes to the contrary. Persons, firms, partnerships or corporations in an industry group such as banks, newspapers, radio or television stations and credit bureaus that have a vested interest in the success of the retail business may be established as a separate category of associate members. A person, firm, partnership or corporation who has performed an extraordinary service or services on behalf of retail business may be established as a separate category of associate members.”

“A copy of the form 990 is circulated to all board members for review before filing with the irs.”

“The president is responsible for reviewing an annual conflict of interest statement and reporting conflicts to the board.”

“The president's compensation is reviewed and approved by a few independent members of the board of directors. The president's last performance and salary review was done mid-year 2019, with executive committee approval. The president determines the compensation for all other employees. That is completed annually as an end of the year performance review.”

“The association's governing documents are available upon request. The association's conflict of interest statement and financial statements are not made available for public inspection.”

“Uncollectible pledges or dues -42,925.”