Texas Retired Teachers Association

“During the fiscal year the association amended its bylaws to: - change the title of first vice-president and second vice-president to president-elect and vice-president. - change the name of membership/volunteer service committee to membership/community involvment committee.”

“The association has members.”

“Certified members of trta (i.e., delegates) from the local chapters elect 5 officers at the house of delegates. These 5 positions form the executive committee. The president of the board of directors appoints one position. The local chapters elect district presidents. The 20 district presidents elect 3 members amongst themselves as board members. The election is held at the annual district president leadership conference. Total voting members of the board equals 9.”

“The house of delegates monitors the governing board for compliance to the bylaws and must approve amendments to the bylaws.”

“The form 990 is reviewed by the executive committee with the preparing cpa. An updated copy is presented to the board of directors for review before filing with the irs.”

“Compliance with the conflict of interest policy is monitored and enforced at the board meetings.”

“The board of directors conducts an annual review of the executive director. During the review, the board considers any salary adjustments that may not already be outlined in the executive director's employment contract. The board uses various salary surveys from texas and around the nation, including those involving salaries of active school administrators, as well as the salary survey from the association of retired executives. All deliberations and decisions of this process are contemoraneously documented.”

“The bylaws can be found on the organization's website. Audited financial statements are available upon written request to the executive director.”

“Book to tax conversion 8,390 local chapters consolidating adjustment 46,190 total 54,580”