Construction Industry Force Account Council

“There shall be established an executive committee, to which the board shall delegate the general management of the corporation, consisting of not less than four members of the board who are also designated directors and are qualified and serve as the officers of the corporation and who represent the following member organizations: 1) associated general contractors of california (employer), 2) engineering and utility contractors association (employer) 3) operating engineers local union no. 3 (employee), and 4) northern california district council of laborers (employee). The executive committee comprises the officers of cifac. Among its general management responsibilities is the authorization of any expenditures as allowed by the bylaws and the california nonprofit mutual benefit corporation law.”

“This corporation shall have two classes of members, designated as voting and associate members. The board by resolution may set qualifications and dues schedules for voting and associate members. Any person dedicated to the purposes of the corporation and associated with business, labor or with groups or associations concerned with the goals of the corporation, shall be eligible for membership on approval of the membership application by two-thirds of the board present, at a properly convened meeting and on timely payment of such dues and fees as the board may fix from time to time. This corporation may refer to associate members as "members" even though those persons or entities are not voting members but no such reference shall constitute anyone as a member within the meaning of corporations code section 5056 unless that person or entity shall have qualified for a voting membership. Associate members shall have the right to attend the membership meeting, participate in discussions and serve on committees at the pleasure of the board and consistent with the corporation's bylaws.”

“All voting members shall have the right to vote, as set forth in the bylaws, on the election of directors, on the disposition of all or substantially all of the assets of the corporation, on any merger and its principal terms and any amendment of those terms, and on any election to dissolve the corporation. In addition, voting members shall have all rights afforded members under the california nonprofit mutual benefit corporation law.”

“All voting members shall have the right to vote, as set forth in the bylaws, on the election of directors, on the disposition of all or substantially all of the assets of the corporation, on any merger and its principal terms and any amendment of those terms, and on any election to dissolve the corporation. In addition, voting members shall have all rights afforded members under the california nonprofit mutual benefit corporation law.”

“The form 990 and attachments is reviewed by the staff accountant, who compares the questions and figures to the corporate records. Once completed, the executive director reviews and sends to the executive committee who is given approximately seven days to review. Once reveiwed the executive director approves.”

“Officers and directors report any and all conflicts as they arise and prior to acting on issues at meetings.”

“Compensation for the following year, bonuses and sep-ira contributions for the current year are determined, reviewed and approved by the board of directors at the annual meeting.”

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