BOARD OF DIRECTORS CALL FOR CANDIDATES
The Potomac Shores Residential Association will have two open homeowner seats on the Board of Directors at the end of this year.
Homeowners interested in running for a position on the Board must be in good standing and complete and return the attached Candidate Statement Form no later than Friday, November 1, 2024. Additional nominations may be made from the floor on Election Night.
The Election will be held at the Annual Meeting on December 11, 2024. Members will receive an election package shortly after the deadline for candidates, including information on the candidates, voting instructions and a proxy/mail-in ballot form. Members attending the Election Night will be able to vote at the meeting.
If you have questions about serving on the Board of Directors, please contact me at (703) 640-3968 or via e-mail at scruz@cmc-management.com.
Corporate Transparency Act (CTA) Disclosure:
Thank you for expressing interest in running for the Board of Directors. As a member of the Board, you would play a vital role in shaping our community’s future. It is important to be aware of certain legal responsibilities that come with this position, including compliance with the Corporate Transparency Act (CTA).
If elected, all Board members will be required to comply with the CTA, which mandates that businesses and certain other entities report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). As a Board member, you will need to provide personal information, such as your name, address, and identification details, as part of registering as a beneficial owner with FinCEN to comply with the CTA. You would be inputting your own personal information into the website platform so no other community members or management will have access to your information.
Please consider that this process and information access by the government is very similar to obtaining a Real ID for your local State drivers license and also sites such as TSA Pre, Global Entry and Clear which many people have already provided the similar information.
For more information about the CTA please visit https://www.fincen.gov/boi-faqs#C_10 .
