Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURN IS REVIEWED BY THE TREASURER AND WILL BE REPORTED UPON TO THE ENTIRE BOARD AT THE NOVEMBER MEETING. | |
| MANAGEMENT,ONLY RECEIVES SALARIED COMPENSATION. EACH MEMBER OF THE MANAGEMENT TEAM RECEIVES AN ANNUAL REVIEW IN JANUARY WHICH IS COMPRISED OF THE FLAG OFFICERS, TREASURER AND HOUSE CHAIR, A WRITTEN EVALUATION IS DISCUSSED, GOALS FOR THE PREVIOUS YEAR ARE REVIEWED AND GOALS FOR THE UPCOMING YEAR ARE SET. ANNUAL COMPENSATION AND PERFORMANCE BONUS IS SET AT THIS TIME AS WELL. | ||
| FORM 990, PART VI, SECTION C, LINE 19 | THE MINUTES OF ALL BOARD OF GOVERNOR'S MEETINGS ARE KEPT IN A BOOK ACCESSIBLE TO ALL MEMBERS OF THE CLUB. FINANCIAL DATA FOR EACH MONTH IS AVAILABLE TO ALL MEMBERS. TWICE A YEAR THERE IS A MEETING HELD WITH GENERAL MEMBERSHIP TO REVIEW THE PREVIOS YEAR'S FINANCIAL STATEMENTS (SPRING MEETING) AND NINE MONTH CURRENT YEAR RESULTS (FALL MEETING). | |
| ALL OTHER FUNCTIONAL EXPENSES | FORM 990, PART X, LINE 24F | SUPPLIES: TOTAL EXPENSES 14,599. MISCELLANEOUS: TOTAL EXPENSES 14,423. RACE COMMITTEE: TOTAL EXPENSES 13,509. REPAIRS AND MAINTENANCE SM BOATS: TOTAL EXPENSES 12,114. MARINA EXPENSE: TOTAL EXPENSES 10,750. POOL EXPENSE: TOTAL EXPENSES 10,205. JUNIOR ACTIVITIES: TOTAL EXPENSES 7,116. POSTAGE & SHIPPING: TOTAL EXPENSES 5,283. LAUNCH EXPENSE: TOTAL EXPENSES 4,904. SAILOR TRAINGING PRG MAINTENANCE: TOTAL EXPENSES 4,664. TRUCK EXPENSE: TOTAL EXPENSES 4,528. WASTE REMOVAL: TOTAL EXPENSES 4,041. ELECTRICAL/PLUMBING: TOTAL EXPENSES 3,707. BANK CHARGES: TOTAL EXPENSES 3,647. TELEPHONE: TOTAL EXPENSES 3,626. LICENSE/PERMITS: TOTAL EXPENSES 3,543. TOOLS/HARDWARE: TOTAL EXPENSES 2,600. CRUISE EXPENSE: TOTAL EXPENSES 2,298. PRINTING & PUBLICATIONS: TOTAL EXPENSES 2,079. MOORING FEE EXPENSE: TOTAL EXPENSES 2,063. UBI TAX: TOTAL EXPENSES 802. FUEL MAINTENANCE: TOTAL EXPENSES 437. WTW SAILING PROGRAM: TOTAL EXPENSES 244. |
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