Professional Retail Store Maintenance Association

“An executive committee consists of the officers of the board. It has authority to provide direction to the ceo with respect to matters that the bylaws require vote of membership or vote of the full board.”

“Glen katlein, an independent cfo consultant, provides cfo leadership on a part-time 1099 basis. Compensation amounted to $36,225.”

“There shall be seven (7) classes of membership in the association: multi-site corporate, supplier corporate, professional services corporate, educational corporate, educational individual, student individual, and multi-site individual. Multi-site corporate membership is open to companies employing multi-site facilities maintenance management and nonmanagement, and to multi-site property firms including property owners, landlords and developers who manage multi-site facilities. Individuals employed by companies providing products or services of any kind whatsoever to multi-site corporate members, except as landlord or property owner, are ineligible for multi-site corporate membership. Membership is open to more than one designee employed at the same company; provided, however, there shall be up to two (2) voting members per company. The board may, at its discretion, establish or alter categories, the number of votes allotted to each member, and a pricing structure within the multi-site corporate membership class. Supplier corporate membership is open to manufacturers, vendors, dealers and distributors of multi-site facility related products or services and property managers and developers of multi-site properties who provide products and services to multi-site corporate members. Membership is open to more than one designee employed at the same company; provided, however, there shall be up to two (2) voting members per company. The board may, at its discretion, establish or alter categories, the number of votes allotted to each member, and a pricing structure within the supplier corporate membership class. Professional services corporate membership is open to architects, consultants, and engineers who provide services to multi-site corporate members or supplier corporate members. This excludes landlords, property owner, property managers or companies designated to represent, or agents of, multi-site corporate members. Membership is open to more than one designee employed at the same company; provided, however, there shall be up to two (2) voting members per company. The board may, at its discretion, establish or alter categories, the number of votes allotted to each member, and a pricing structure within the professional services corporate membership class. Educational corporate membership is open to organizations engaged in educating students in facilities management, construction, and skilled trades. Individuals employed by organizations providing products or services of any kind whatsoever to multi-site corporate members are ineligible for educational corporate membership. Membership is open to more than one designee employed at the same organization; provided, however, there shall be up to two (2) voting members per organization. The board may, at its discretion, establish categories, voting member allotment, and a pricing structure within the educational corporate membership class. Individual membership is open to any person employed in a multi-site facilities maintenance management or nonmanagement position at an organization that is not already a connexfm corporate member; any person employed at an organization engaged in educating students in facilities management, construction, and skilled trades; or any person enrolled in an educational institution or program focused on facilities management, construction, and/or skilled trades. Any person employed by an organization providing products or services of any kind whatsoever to multi-site corporate members is ineligible for individual membership. There shall be up to one (1) voting member per individual member. The board may, at its discretion, establish categories, and a pricing structure within the individual membership class.”

“The election of board members requires vote of organization members.”

“The filing of form 990 is in conjunction with the audit investment committee delegated authority to act on behalf of the board with respect to audited financial statements and related tax filings.”

“When the board is to decide an issue about which a board member has an actual or potential conflict of interest, that board member shall disclose the conflict to the board and absent herself or himself without comment from not only the vote, but also from the deliberation. A conflicting interest exists when a board member or a related party has a beneficial financial interest in the transaction of sufficient significance that it would reasonably be expected to exert an influence on that board member's judgement if he or she were called upon to vote on the matter. Related parties include the board member's spouse, parents, children, siblings, siblings of the parent or spouse, and all other persons or entities in which the board member has an interest, partner, agent, or employee, or exerts control of influence, either directly or indirectly. In case of a dispute regarding the existence of a real or perceived conflict of interest, the board shall vote as to whether a conflict is present, and the vote of the board shall be final. The individual with the potential conflict of interest shall not vote. Board members will, prior to taking office and annually thereafter, complete and submit to the ceo a conflict of interest disclosure statement, disclosing their involvements and interests that could give rise to a conflict of interest including, but not limited to their involvement or those of family members, as directors or officers of other organizations with vendors or other affiliations with other entities that might reasonably be perceived as a conflict. Board members will promptly update their disclosures if, during the year, a material change in circumstances should occur.”

“The executive committee reviews the salary and bonus compensation of the ceo annually. The committee referenced compensation benchmark data from the executive recruiter provided during hiring the ceo in 2019. The committee considers prudent merit adjustments annually subsequent to establishing the starting salary based on competitive benchmark data.”

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

“The board, or its appointed designee, shall each year select and employ an independent public accounting firm whose duty it shall be to audit the books and records of the association at least once per year. This process has not changed from prior years.”