Carpenters Joint Apprenticeship & Training Program Building Corporation

“The building corporation's membership consists of the members of the board of trustees of carpenters and joiners apprenticeship and journeyman training trust fund (the fund) through its duly appointed board of trustees. A member's term of membership in the building corporation coincides with his/her tenure as a trustee of the fund. Appointment or withdrawal as a trustee of the fund shall operate as an appointment or withdrawal as a member of the building corporation without the necessity of additional action or authorization.”

“The building corporation's membership consists of the board of trustees of carpenters and joiners apprenticeship and journeyman training trust fund, who are appointed in accordance with the building corporation's by-laws. The board of directors consists of fourteen trustees. The union may appoint seven directors and designate up to seven alternate directors. Associated general contractors of minnesota and carpentry contractors association may each appoint two directors and two alternate directors. Independent millwright contractors association, des moines construction council and allied construction employers association may each appoint one director and one alternate director.”

“There are no committees with the authority to act on behalf of the governing body.”

“Form 990 is provided to the executive director and entire board of directors for review and approval prior to filing.”

“In order to avoid actual or apparent conflicts of interest, the building corporation has a conflict of interest policy. The policy cover the members of the board of directors. The directors are responsible for monitoring and communicating any potential conflicts of interest to the chairman and secretary of the board of directors. The chairman and secretary, in consultation with fund counsel and the reporting director, will work to resolve any potential or actual conflicts of interest in accordance with the provisions of the conflict of interest policy and federal law. If a conflict of interest exists, the director's recusal from deliberating and voting upon the matter under which the conflict arises shall be sufficient to resolve that conflict appropriately. If a conflict of interest arises, a report of all steps taken to resolve the conflict will be prepared and presented to the entire board of directors, and shall then be maintained in the corporation's permanent files. The directors are required to sign an annual certification of compliance with the conflict of interest policy.”

“The building corporation makes its governing documents, conflict of interest policy and financial statements available upon request at the training fund office in st. Paul, mn.”