Forest Resources Association Inc

“The Association has an Executive Committee which consists of the Chairman, Vice Chairmen, and six members, each of whom shall be representative of one of the six regions defined in Article VI of the Bylaws, and up to six members at large. In addition, past Chairmen of the Association, if continuing as full-time executives of member companies, may be elected members, ex officio, of the Executive Committee. The Executive Committee shall have and may exercise all of the powers of the Board of Directors between the meetings of the Board.”

“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 prior to filing the return with the IRS.”

“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 of the President 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 has no other compensated officers, directors or key employees.”

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

“Program Consulting 198,971. Policy Priorities 67,679. Professional Communications 23,697. Other professional services 6,228. Payroll services 10,461.”

“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.”