Association Governance Flowchart

CORPORATIONS n Bakersfield Association of REALTORS® (BAK) - 501c6 – Not for Profit Corporation n Golden Empire Multiple Listing Service, Inc.- (GEMLS) – “C” Corporation n Bakersfield Association of REALTORS® Charitable Foundation (BARCF) – 501c3-Non-Profit

MEMBERSHIP Our members are the heart and soul of our Association. They are the reason we exist. We are committed to providing them with the highest level of customer service possible. STAFF Faithfully supports the goals, programs and operations set forth by the Board of Directors. Ensures things are done right, in compliance with local, state and federal laws, governing documents and budget. Works in partnership with committees as a resource and support in advancing the Strategic Plan to add value to and protect the organization.

COMMITTEES Members who volunteer their time and talents in service to their colleagues and community. They are the boots on the ground, who make recommendations to SPF of programs, products and services to enhance the efficiency and profitability of their fellow professionals.

Faithfully supports the goals, programs and operations set forth by the Board of Directors.

BAK, GEMLS & BARCF BOARD OF DIRECTORS

Provides governance to ensure accountability and advancement of our vision

STRATEGIC PLANNING AND FINANCE COMMITTEE (SPF) n The overseer of the Association’s Strategic Plan. Their fiduciary role includes: n Vetting all financial considerations of BAK, GEMLS, and BARCF to ensure fiscally sound budgeting and investing practices are being established and implemented. n Ensuring all committees, advisory groups, and working groups are executing the goals and objectives set forth in the Association’s Strategic Plan; n Maintaining compliance with NAR’s Core Standards

BOARD OF DIRECTORS Provides governance to ensure accountability and advancement of the Vision, Purpose and Values of the Organization. This is accomplished through setting a strategic course for the future, as well as the establishment and consistent implementation of sound governance practices.

Maintaining compliance with NAR’s Core Standards

Members who volunteer their time. They make recommendations to SPF programs.

Input and feedback from various member groups

Our members are the heart and soul of our Association. They are the reason we exist. We are committed to providing them with the highest level of customer service possible.

The overseer of the Association’s Strategic Plan.

Vetting all financial considerations of BAK, GEMLS, and BARCF