Black Hills Home Builders Assn Inc

“The organization has members. The members consist of individuals and companies that are involved in the home construction industry.”

“Elections are held annually and most positions are a three-year term, with the exception of president, 1st vice president, 2nd vice president. The election process is started by the nominating committee in july or august, which is comprised of past presidents and the executive board or officers of the board, which are the treasurer, secretary, president, past president, 1st vice president and 2nd vice president. After a slate of candidates is received, a slate is posted to the membership in their september newsletter. Elections are held in october at the monthly membership meeting, of which all members are invited to attend. At that meeting nominations for open positions can also be made from the floor. If the nominations made from the floor receive a majority vote, they are added to the ballot and elections take place that night. Those elected positions take their place on the board on january 1st. This is the case for all positions except secretary and treasurer, which are elected from the board and by the board at the january board meeting. These two positions are also elected annually from the board and by the board.”

“Black hills home builders association officers meet with the tax preparer and they review and discuss the contents of the 990 form. The 990 form is not presented to all 26 voting members prior to being filed.”

“Any potential conflict of interest that could result in a direct or indirect financial or personal benefit to a director, officer or staff member must be disclosed in good faith or be known to the board of directors or committee authorizing a contract or other transaction. All questions as to whether a conflict of interest exists are resolved by a vote of the board of directors in which the interested individual may not vote. It is left up to the individual to disclose to the board any conflict of interest and he or she must abstain from voting on the transaction related to that conflict. A copy of this policy is provided to each officer, director and association employee annually.”

“The board reviews the compensation of the executive director on an annual basis and approves any compensation increases or bonuses. They do not review compariability data but believe that salaries/wages paid are on par with industry norms. The organization answered "no" to question 15b because the executive director is the only "key" employee or officer receiving compensation.”

“Governing documents are available to the public upon request.”

“To serve as an advocate for those involved in the building industry and to focus on creating an environment that provides the opportunity of home ownership for all. Membership dues are also used to disseminate information on industry standards and regulations.”

“Volunteers aid with the direct events - i.e. The home show, the home improvement show, the golf tournament and the parade of homes.”