An association shall provide a verbal report, accompanied by a written report, annually to the state board, including:
(1) the association's annual budget in accordance with Section 53G-7-1105;
(2) a schedule of events scheduled or facilitated by the association;
(3) procedures for alignment or realignment;
(4) any amendments or changes to the association's governing document or bylaws; and
(5) any other information requested by the state board.