New Mexico Chapter of the Nstional Assoc of Industrial and Office

“An executive committee is formed from the members of the governing body. The executive committee will evaluate and discuss charter issues. However, the executive committee presents and discloses these issues to the governing body.”

“Lynne andersen, president is married to john gallegos, vice-president.”

“The organization employed a management company, andersen & associates, to manage the day to day affairs of the local new mexico chapter. Two employees of this management company have also been elected and serve as officers for the organization, lynne andersen who serves as president and principal officer and john gallegos who serves as vice president. The compensation paid the management company is fully reported in part vii, section b, of this form 990.”

“The members are from the greater albuquerque community that are involved in the real estate industry. They range from 230-260 members at any point in time.”

“The board of directors is approved by the membership group as a whole and the board of directors then appoint committees as dictated by the bylaws.”

“All subcommittees must report to the executive committee who then presents recommendations to the board and the board must approve them via majority vote.”

“The treasurer and the president review the tax return. The return is delivered via email to the executive committee.”

“With respect to vendors the charter requires proposals and disclosures of any relationship with the board members. The overall board must then vote to permit a board member or their company from being a vendor.”

“The president and vice president are compensated as independent contractors. The compensations are reviwed annually by the executive committee. Staff are compensated via 1099-misc and the annual compensation of the staff are reviewed by the executive committee.”

“The organization's governing documents, conflicts of interest policy and financial statements are available to the public upon request.”

“Continuing education 4,624. Bank and credit cards expenses 3,520. Science fair expenses 3,000. Auto expenses 1,217. Misc expense 742. Donations 268. Due, subscriptions and fees 55.”