Washington Motorcycle Road Racing Association

“Members pay dues annually and have the right to vote on the directors to the organization.”

“Organization's process to review form 990 - a cpa firm is retained to prepare form 990 and upon completion provides the original and a copy to the organization's treasurer. The treasurer reviews the completed document and reports to the executive board regarding the 990. A copy is made available to the executive board for review at a meeting. The treasurer is authorized to sign and file the completed 990.”

“- Compensation process for top officials - The organization's executive director and top managment officials do not receive compensation for the performance of their board and management duties. THe FIRST vice president in charge of race management and the treasurer do receive small stipends for race day services, not as a director or officer, which are less than $5,000 per year. The stipends are approved by the board.”

“Compensation process for officers - the organization does not have any employees nor does any officer receive compensation. the second vice-president and treasurer do receive a small stipend each (less than $5,000 a year) which is for race day services and they are approved by the board.”

“Wmrra maintains an organizational document known as the rule book. It contains the organization's charter, bylaws, history, and other related information. The rule book is reviewed and updated annually. It is published annually and hard copies are made available to registered members. It is also published on the organization's website. The organization does not typically make its financial statements available to the general public, however, the treasurer reports on certain balances at every general membership meetings throughout the year which are open to all members and prospective members.”