Sheet Metal Air Conditioning and Roofing Contractors' of Mn Inc

“The organization's members are corporations, companies, firms and individuals engaged in any or all phases of sheet metal, roofing, and/or related industries that have established places of business, that have employees actually performing such services, that agree to comply with the conditions and requirements of membership, and that are signatory to the current applicable collective bargaining agreement with sheet metal workers local no. 10, roofing local no. 96 and/or u.a. Local no. 300. This includes (1) the design, manufacture, installation, service, and/or repair of environmental systems, including ventilating, air conditioning, heating, air handling, and metal fabricating; (2) installation, service, and/or repair of roofing systems, including architectural sheet metal; and (3) the installation, service and repair of related systems such as, but not limited to, plumbing and piping systems.”

“The organization's directors are elected by the members. Five directors are elected by the metro area members - one from the ten largest commercial/industrial sheet metal companies; one from all commercial/industrial sheet metal companies; one from roofing and architectural sheet metal companies; one from residential sheet metal companies; and one from specialty and manufacturing sheet metal companies. The central minnesota, iron range, duluth, southern minnesota, and north dakota & south dakota divisions each elect one director.”

“Any amendments, alterations, repeals, or additions to the articles of incorporation require a 2/3-vote of approval by the members.”

“The organization does not have any committees that have the authority to act on the behalf of the governing body.”

“Before the form 990 was filed with the irs, it was reviewed by the ceo and presented to the board of directors.”

“The board of directors discuss, review and approve salaries for all smarca employees at the january board meeting. Any salary increases go into effect on february 1 of that year. There are no performance indicators that determine salary amounts. Accordingly, salaries are determined at the board's discretion.”

“The association makes its governing documents and financial statements available to the public upon request, in person at the association's office. The association does not currently have a conflict of interest policy.”

“The organization's consolidated financial statements were prepared on the modified cash basis of accounting. This basis differs from the generally accepted accounting principles primarily because the consolidated organization recognizes certain revenues and related assets when received rather than when earned and recognizes certain expenses when paid rather than when the obligation was incurred.”