Mrm Property & Liability Trust

“All participants in the trust are political subdivisions within the commonwealth of pennsylvania.”

“The board of trustees consists of eight persons, nominated by the executive committee of the trust and approved by the board of trustees at least thirty days prior to the annual meeting, elected by a majority vote of the members present and voting at the annual meeting to serve three year terms commencing on the first day of the month following the annual meeting.”

“Special meetings may be called at any time by members entitled to cast at least twenty percent of the votes which all members of the trust are entitled to cast at the particular meeting.”

“The board of trustees chairman reviews a completed copy of the form 990 prior to signing the return. If the chairman has any questions they are communicated to the trust administrator and auditors by e-mail prior to signing the return. Once all questions have been resolved to his satisifaction, he returns the signed copy to the trust administrator for filing.”

“Periodic reviews conducted by board of trustees and/or a designated outside advisor for any conflicts of interest between the organization and board members and employees. All officers, directors, and key employees must provide a statement annually that they have no interests that could give rise to conflict of interest.”

“Board of trustees authorizes compensation annually at budget adoption meeting. All compensation is based upon a set compensation level comparable to other similar organizations adjusted annually for a cost of living adjustments.”

“Copies of the organization's form 990 and form 1023 are available upon written request to the following address: trust administrator mrm property & liability trust 1603 carmody court, suite 403 sewickley, pa 15143”