Forest Resources Association Inc

“Members are broken down into classes based on the specific type of wood products or services which they provide. Members from each of the six main membership classes have the right to designate representatives to participate on regional or national committees and for nomination to board service.”

“Members from each of the six main membership classes designate representatives to participate on regional or national committees and for nomination to board service. The member company then chooses an individual to serve on the Board of Directors. The Board of Directors then vote to allow the member representative to join the Board of Directors.”

“The Form 990 is reviewed by the President. A copy is then provided to all members of the Board of Directors. Board members are given a period of time to review the Form 990 and respond with any questions as needed. Once the period of review has ended, the President signs and mails the return.”

“Officers and directors are required to sign an acknowledgement each year that they have received the conflict of interest policy. Each officer and director is asked to notify the Board of any conflicts of interest. Officers and directors abstain from any approval of salaries or other forms of compensation for themselves.”

“Compensation to officers and directors is evaluated on an annual basis by the Board of Directors' Compensation Committee. Compensation is based upon the level of skill required for the position, comparison of compensation to similar positions in the non-profit industry, and an evaluation of the individual's achievements during the year. Determination of the compensation is documented by the Compensation Committee.”

“The Organization's audited financial statements and Federal Form 990 are made available to the public upon request.”

“The Organization's Audit Committee is responsible for oversight of the audit, including selection of the independent accountant. The process is consistent with previous years.”