North Central Washington Association of Realtors

“Members are primary or secondary who elect the officers and directors of the organization. Decisions made by the board of directors are final and not approved by the membership. The members do not receive any share of profits or excess dues or any share of the organization's net assets should the organization dissolve.”

“Members are primary or secondary who elect the officers and directors of the board of directors. Decisions made by the board of directors are final and not approved by the membership.”

“A draft is provided to the executive officer prior to filing. The final unfiled version is reviewed by the board of directors. The filed form 990 is available upon request.”

“Each officer, director, committee chair, or staff member should consider, with respect to each matter for which he or she is responsible, or which is before the board, whether a conflict of interest exists. When such conflict exists, the officer, director, committee chair or staff member must disclose it to the board of directors (in the case of officer, directors, and committee chairs) or to the executive director (in the case of the staff members). Each such individual must then excuse themselves from voting or taking any other action on behalf of the organization regarding any matter involving their interests. Any failure to disclose a conflict of interest may subject the individual to removal from office, termination of employment, or other form of discipline, as determined by the board of directors or executive director. In addition, upon disclosure of such conflict, voluntarily or otherwise, the board of directors (or in the case of a staff member, the exectuive director) may request that individul having the conflict resign his or her position with the organization or take other action to remove the conflict. The chair has the power to appoint an ad-hoc committee to investigate any apparent conflict of interest. If a conflict of interest should exist with the chair, the vice-chair has the power to appoint an ad-hoc committee. Each officer, director, committee chair and staff member is required to sign the code of conduct statement.”

“The organization's policy on the process for determining compensation applies to all persons employed by the organization, including the executive director, and all independent contractors. The process includes all of these elements: 1) review and approval by the board of directors or compensation committee 2) use of comparable compensation data and 3) contemporaneous documentation and record keeping. This process is performed annually.”

“Governing documents, policies, financial information and form 990 will be supplied upon request.”

“The board of directors assumes responsibility for oversight of the review of its financial statements and selection process.”