Iowa Construction Career Institute

“Master builders inc, a related organization, provides management services to the organization.”

“Iowa construction career institute members are professionals in the construction industry. All members have the right to vote on the governing board.”

“The members elect the governing board at the annual meeting.”

“The members make up the committees and task forces, and all members have the right to vote on the governing board. Our members develop policy, programs and services on a wide variety of issues and subjects.”

“A copy of the form 990 is presented to the board of directors by the president prior to filing with the irs.”

“Persons covered by the conflict of interest policy will annually disclose or update the chairman of the board of directors on a form provided by iowa construction career institute (icci) their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. For each interest disclosed to the chairman of the board of directors, the chairman will determine whether to: (a) take no action; (b) assume full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recuse themselves from participation in related discussions or decisions within icci; or (d) ask the person to resign from his or her participation in icci or, if the person refuses to resign, become subject to possible removal in accordance with icci removal procedures.”

“Form 990 part vi section b line 15: compensation is paid by master builders of iowa. The policy on the process for determining compensation of master builders of iowa applies to the compensation of the chief executive officer and other officers or key employees of master builders of iowa that provide services to icci. The process includes 1) review and approval by the board of directors or compensation committee of the master builders of iowa; 2) use of data for comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations; and 3) contemporaneous documentation and recordkeeping.”

“All governing documents and form 990's are made available upon request at the office of master builders of iowa.”

“Volunteers serve on icci's education committee.”

“Although the organization does not receive stand alone gaap financial statements, it does receive on an annual basis from independent auditors, consolidated entity gaap financial statements for the organization and its affiliates.”