Centex Independent Electrical Contractor

“The organization has individual companies as contractor members as a trade organization would normally have, however it is a Texas sanctioned non-profit corporation with no individual stockholders.”

“Contractor member companies of the association may vote to elect members of the governing body but as a Texas sanctioned non-profit corporation it has no stockholders.”

“By-Law Amendents”

“Form 990 Review process is in place to allow for the organization's governing body to review and comment on Form 990 and related schedules. A special meeting is scheduled to review and provide for comments prior to final approval and filing.”

“Conflict of interest policy is in place, see attached policy. The policy was adopted by IEC Board of Directors on 16 August 2011.”

“Compensation Review Policy/Process is in place. Fair and reasonable compensation of the Executive Director and other officers is determined annually by an independent body such as a "compensation committee" based on (i) mission fullfillment, (ii) comparable salary and benefits data and (iii) overall performance. The compensation committee documents all relevant data used to determine fair and reasonable compensation and forwards its recommendation to the Board of Directors (Board) for final review and approval/disapproval. The Board approves the compensation package and such action is recorded in the corporate minutes.”

“Respective documents are available to the public upon request.”

“Vehicle Mileage Expense: Program service expenses 29,154. Management and general expenses 34,160. Fundraising expenses 0. Total expenses 63,314. Repairs: Program service expenses 7,882. Management and general expenses 45,048. Fundraising expenses 0. Total expenses 52,930. Dues/Fees: Program service expenses 16,915. Management and general expenses 34,288. Fundraising expenses 0. Total expenses 51,203. Bank Charges: Program service expenses 0. Management and general expenses 49,877. Fundraising expenses 0. Total expenses 49,877. Janitorial: Program service expenses 21,247. Management and general expenses 21,265. Fundraising expenses 0. Total expenses 42,512. Utilities: Program service expenses 26,959. Management and general expenses 14,553. Fundraising expenses 0. Total expenses 41,512. Program Supplies: Program service expenses 27,112. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,112. Security: Program service expenses 20,107. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,107. Communications/Telephone: Program service expenses 6,515. Management and general expenses 11,158. Fundraising expenses 0. Total expenses 17,673. Leased Equipment: Program service expenses 16,704. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,704. Entertainment Meals: Program service expenses 0. Management and general expenses 12,117. Fundraising expenses 0. Total expenses 12,117. Taxes-Property: Program service expenses 0. Management and general expenses 2,621. Fundraising expenses 0. Total expenses 2,621. Flowers/Gifts: Program service expenses 0. Management and general expenses 2,126. Fundraising expenses 0. Total expenses 2,126. Equipment: Program service expenses 266. Management and general expenses 1,200. Fundraising expenses 0. Total expenses 1,466. Contributions: Program service expenses 0. Management and general expenses 863. Fundraising expenses 0. Total expenses 863.”