Association of Progressive

“Dennis adams & david david - business relationship jonathan rose & adam sutton - business relationship”

“-regular membership is available to any rental dealer defined as any person, corporation, or partnership who satisfies the following criteria: 1. Is regularly engaged in the business of renting consumer products by use of a terminable, without penalty, rental-purchase agreement. 2. Prominently merchandises and advertises the business in the media as offering a terminable, without penalty, rental-purchase agreement. -associate membership: any person, corporation, or partnership that supplies goods or services to the rental industry shall be eligible for associate membership in this association. Associate members may not vote on association matters; nor may associate members serve on the board of directors, except as authorized in article vi, section 1. Furthermore, associate members may not serve as officers of the association. The rights of associate members may be changed by a majority vote of the board of directors. -state association membership: a state rental dealer association that services the rental industry shall be eligible for membership in this association. State association members are entities and therefore may not vote on association matters; nor may state association members serve on the board of directors. Furthermore, state association members may not serve as officers of the association. The rights of state association members may be changed by a majority vote of the board of directors.”

“Members vote for board of directors.”

“A draft of the form 990 is reviewed by the president, secretary, treasurer executive director, director of finance, & general counsel. After approval, the final return is sent to all board members prior to filing with the irs.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: - has received a copy of the conflicts of interest policy; - has read and understands the policy; - has agreed to comply with the policy; and - understands the organization is tax-exempt and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The executive committee reviews compensation for the executive director. In setting the executive director salary, they worked with a search firm that provided salary information and guidance, and contemporaneous documents. The executive committee performs an annual review. When up for increase, comparable data is considered.”

“The association makes its governing documents, conflict of interest policy, and financial statements available to members upon request.”

“MODIFIED CASH”