Naukati West Inc

“Members. Every person who is over eighteen (18) years of age and who has resided in naukati bay for more than thirty(30) days is eligible to be a member upon payment of dues (if any) and registering as a member with the secretary. Every property owner is automaticall a member. A property owner is one whose name appears on the deed, contract, or entry permit. Any member may opt-out of membership by providing written notice to the secretary. All members of the organization may vote and are eligible to be officers of the organization.”

“All members of the organization may for vote and are eligible to be officers of the corporation.”

“Form 990 is provided to the board of directors for review prior to filing. After the board has had an opportunity for review, the board president and board treasurer look it over one final time prior to filing.”

“Potential conflicts of interest are determined by an annual questionairre which is disclosed and all persons covered by the policy must sign a statement of compliance and understanding of the policy. All covered persons are required to disclose conflicts the moment they are aware of them and recuse themselves from any vote, arrangement or transaction in which there is a potential or actual conflict of interest. If there is reasonable cause to believe that a violation has occurred the board will counsel the violator and if the issue is not resolved the board may consider additional corrective actions.”

“The organization makes it form 1024 and form 990 available upon request.”

“The organization maintains its financial records with the treasurer and general correspondence and minutes with the secretary. Financial statements and governing documents are made available upon request.”