Florida Surplus Lines Association Inc

“The association uses a management company experienced in association management. The management company assists in financial decisions and the organization's operating activities but all significant decisions are approved by the board of directors.”

“The association has two categories of membership: voting and non-voting. Voting members are any person, firm, or corporation engaged in an insurance agency business, the organization of which includes at least one individual licensed as a surplus lines agent pursuant to the florida surplus lines law, section 626.913-626.937, f.s., and has a permanent last revised 7/24/10, 8/2/2018 office located within the state of florida. Non-voting members include non-residents, insurance companies, industry associates, life members, or honorary members.”

“Voting members elect members of the governing body at the annual meeting. A nominating committee selected by the president at the request of the board is charged with proposing a slate of directors to be elected at the annual meeting. Any member of the association may propose another member for nomination as a director by doing so in writing to the nominating committee at least sixty (60) days prior to the date of election. Election of officers and directors shall be by majority vote of members present in person at the annual meeting.”

“The governing body of this association shall be the board of directors. The board of directors shall have supervision, control, and direction of the affairs of the association, its committees and publications; shall determine its policies or changes therein; shall actively prosecute its objectives and supervise the disbursement of its funds. The board may adopt such rules and regulations for the conduct of its business as shall be deemed advisable. The board of directors may employ a salaried or contracted staff head who shall have the title of executive director, whose term and conditions of agreement or employment shall be specified by the board of directors in a written agreement. The executive director shall be the chief executive of the association responsible for all management functions and shall manage and direct all activities of the association as prescribed by the membership and the board of directors and shall be responsible to the board of directors to carry out the policies of the association as set by the membership and the board of directors. The executive director shall define the duties of the staff, supervise their performance, establish their titles and delegate their responsibilities of management as shall, in the executive director's judgment, be in the best interests of the association.”

“The organization has provided a complete copy of this form 990 and it has been reviewed by the organization's attorney, treasurer, president, and executive director.”

“The association's website (www.myfsla.com) provides links to more than a dozen sites, posts its bylaws, and provides all contact information for officers and directors who can answer or make available any necessary information requested by the general public.”

“Temporarily restricted net assets 57,500.”