FORM 990, PART VI, SECTION A, LINE 6 |
THE ORGANIZATION HAS MEMBERS WHICH CAN BE ANY PERSON, FIRM, OR CORPORATION THAT IS A MEMBER IN GOOD STANDING OF ANY AFFILATED LOCAL ASSOCIATIONS OR ARE ANY ORGANIZED GROUP OF MULTIHOUSING OWNERS AND OPERATORS IN THE STATE OF TEXAS, WORKING FOR THE SAME PURPOSES AND OBJECTIVES AS TAA. OWNER OCCUPIED HOMEOWNERS ORGANIZATIONS ARE EXCLUDED FROM BEING MEMBERS. |
FORM 990, PART VI, SECTION A, LINE 7A |
EACH LOCAL ASSOCIATION IS ENTITLED TO AT LEAST TWO VOTING DIRECTORS, DEPENDING ON THE NUMBER OF MEMBERS IN THE ASSOCIATION. IN ADDITION, EACH LOCAL ASSOCIATION IS ENTITLED TO A NUMBER OF ALTERNATE DIRECTORS, WHICH IS DEPENDENT ON THE NUMBER OF VOTING DIRECTORS ALLOWED. ALTERNATE DIRECTORS MAY REPRESENT ANY OF THE VOTING DIRECTORS AT A MEETING WHERE THE VOTING DIRECTOR IS NOT PRESENT. OFFICERS ARE ELECTED BY MAJORITY VOTE OF THE BOARD MEMBERS PRESENT AT BOARD MEETINGS. THE BOARD OF DIRECTORS ALSO ELECTS THE EXECUTIVE COMMITTEE (GOVERNING BOARD). |
FORM 990, PART VI, SECTION A, LINE 7B |
THE BOARD OF DIRECTORS APPROVES BYLAW CHANGES, BUDGETS, LEASE FORM CHANGES AND OTHER SPECIFIC ISSUES. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE TAX RETURN IS FIRST REVIEWED BY THE BUDGET AND FINANCE COMMITTEE WITH OUR EXTERNAL CPA FIRM. THE BUDGET AND FINANCE COMMITTEE THEN PRESENT FOR REVIEW AND RECOMMEND APPROVAL TO THE EXECUTIVE COMMITTEE (GOVERNING BODY), WHICH HAS THE FINAL VOTE TO APPROVE THE RETURN. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST POLICY IS PROVIDED AT THE START OF THE FISCAL YEAR TO ALL TAA BOARD MEMBERS. THE POLICY IS SELF POLICING UNLESS TAA IS MADE AWARE OR BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST WHERE THERE IS A VIOLATION OF THE ORGANIZATIONS CODE OF ETHICS. DISCIPLINARY ACTION IS DELEGATED TO AND THE EXCLUSIVE RESPONSIBILITY OF THE APPROPRIATE LOCAL ASSOCIATION. |
FORM 990, PART VI, SECTION B, LINE 15A |
THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT IN A CLOSED MEETING. THE ORGANIZATION OFFICERS ARE PROVIDED WITH SALARY SURVEYS FOR COMPARABILITY. THE EXECUTIVE VICE PRESIDENT HAS THE AUTHORITY TO ESTABLISH SALARIES FOR ALL OTHER TAA STAFF MEMBERS, INCLUDING OTHER OFFICERS AND KEY EMPLOYEES, BASED UPON A SALARY LINE ITEM APPORVED BY THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY WRITTEN OR ORAL REQUEST. |