Associated Builders and Contractors Northern California Chapter

“There shall be three classes of membership in this corporation - regular membership, life membership, and local chapter only membership, defined as follows: 1) regular member is a sole proprietorship, partnership, or corporation paying dues to the corporation; 2) life member is an individual retired from an active role in the industry who wishes to continue to participate in furthering the objective, purposes and programs of the chapter. A life member must have contributed an outstanding service to the chapter and be recommended to the national board of directors for approval as a life member by the chapter board of directors. 3) local chapter only member is a regular member of another chapter, who becomes a member under the same name in this chapter, for the purpose of receiving chapter services dues or fees for chapter only. Membership shall be determined by the chapter board of directors. In the event that the board of directors intend to distribute any remaining funds to its members upon dissolution, such funds shall be distributed only to its members who have paid in full all membership dues and arrearages and are otherwise in good standing.”

“The members entitled to notice of any meeting or to vote at any such meeting shall be only persons in whose name memberships stand on the records of the corporation. On the record date for notice. Determined in accordance with sections a and i of article iv each member entitled to vote at an election of officers and/or directors shall be entitled to one (1) vote for each office.”

“A director may be removed without cause if such removal is approved by the members through the affirmative vote of a majority of the votes represented and voting at a duly held meeting at which a quorum is present. Per the bylaws, article vi, section 4 - prior to adoption of bylaws or amendments - copies need to be forwarded to the chapter attorney for review and approval as well as to the secretary of the national association for study and approval of the legal counsel for the national association.”

“A copy of the form 990 was provided to the organization's governing body before it was filed. Upon delivery of the tax return, the board members discuss any questions or comments they may have on the form 990 with the preparer of the return.”

“Potential conflicts of interest are reviewed and determined at the board of directors level. The conflict of interest policy is reviewed at a minimum yearly in the board of directors meeting. If a conflict arises, the person with the conflict is not allowed to vote on the transaction. There were no incidences of any conflict of interest in 2024.”

“The abc ncc executive committee of the board of directors annually reviews the performance and compensation of the organization president/ceo. This is a formal written evaluation reviewing goals and objectives for the preceding year. In addition to annual compensation review, the ncc executive committee has access to the abc national compensation study as well as various other salary surveys and information for similar positions in the geographic area. This process was last done and documented in april 2024. Elected officers of the organization do not receive compensation and the organization does not have any key employees.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public on request.”