Natl Rural Econ Developers Assoc

“A management company is hired by the board to manage the daily operations of the organization.”

“Definition of membership: regular membership: any person employed by an organization defined as a local or regional non-for-profit economic development organization, rural utility as defined, association, or government agency, educational institutions, and economic development related vendors such as consultants, development companies, real estate services, financial institutions, law firms, accounting firms and site consultants, construction companies, real estate development, and retired employees of said organizations. Rural utilities shall be defined as organizations that borrow monies or are eligible to borrow monies from (1) rural utility service, (2) national rural utilities cooperative finance corporation, (3) cobank or (4) rural water districts. Categories of membershipindividual member: those individuals who qualify for membership as defined in section 1. May qualify to be individual members and shall be entitled to all the rights and privileges of membership, including, but not limited to, voting, the right to vote and the right to hold office. Honorary member: a past president or founder of the association. Dues and annual conference registrations are complimentary for honorary members. Honorary members shall be selected and approved by the board of directors as needed. Student member: an individual enrolled at a college, university, community college or other educational institution full-time (12+ credit hours) at the undergraduate (or graduate level) in an economic development or related degree program. Qualify to be an affiliate limited member in one of the two sub-categories: 1. An organization made up of primarily local, community-based economic developers and/or government officials. 2. An organization made up of primarily staff and/or directors of rural utilities. Voting members: individual members are eligible to vote on actions of the association.voting members: individual members are eligible to vote on actions of the association. Nonnvoting members: honorary, student, and affiliate limited members are not eligible to vote on the actions of the association and are not eligible for election to any elected position to the board of directors.”

“Directors are elected at-large by the memebrship”

“The executive board reviews the form 990 before filing.”

“Name of the person as identified on the membership application. Rural utilities shall be defined as (1) cooperative rural utilities, (2) rural local exchange carriers as defined in the u.s. Telecommunications act of 1996 or (3) organizations that borrow monies or are eligible to borrow monies from the (1a) rural utilities service, (2b) national rural utilities cooperative finance corporation, or (3c) cobank. The membership shall be in the name of the person as identified on the membership application. - affiliate limited member: any regional organization that consists of separate development organizations such as regional economic development groups, regional marketing groups, regional corridors, regional utility groups and councils of government.”

“Board members sign a declaration annually disclosing any known conflicts.”

“Board members are not compensated for their service.”

“All documents are avaiable upon request.”