Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS BOTH MEMBERS AND STOCKHOLDERS. A STOCKHOLDER IS A MEMBER THAT IS 40 YEARS OR OLDER BUT DOES NOT HAVE TENURE OF 35 YEARS OR IS 75 YEARS OF AGE. | |
| FORM 990, PART VI, SECTION A, LINE 7A | NOMINATING COMMITTEE - MEMBERS ARE APPOINTED BY THE PRESIDENT AND MUST BE REGULAR OR REGULAR-SENIOR DUES PAYING MEMBERS FOR AT LEAST 3 YEARS PRIOR TO THEIR APPOINTMENT AND MUST HAVE SERVED AT LEAST ONE YEAR ON A STANDING COMMITTEE OF THE CLUB. | |
| FORM 990, PART VI, SECTION A, LINE 7B | ELECTION OF THE BOARD OF GOVENORS | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE CONTROLLER REVIEWS THE OVERALL INFORMATION PRESENTED IN THE 990 BEFORE IT IS FILED WITH THE IRS. THE INFORMATION AND FINANCIALS ARE COMPARED TO THE INTERNAL FINANCIAL STATEMENTS HELD AND ISSUED TO THE COUNTRY CLUB OF LANSING'S BOARD OF GOVERNORS. ONCE IT IS DEEMED THAT THE COUNTRY CLUB OF LANSING'S INTERNAL FINANCIAL INFORMATION IS THE SAME AS THE INFORMATION PRESENTED IN THE 990, IT IS SIGNED AND FILED WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE GENERAL MANAGER'S SALARY AND CONTRACT IS REVIEWED AND WRITTEN BY THE PRESIDENT OF THE CLUB ON AN ANNUAL BASIS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL INFORMATION IS AVAILABLE UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | MEMBERS CERTIFICATES REDEEMED -17,000. TOTAL TO FORM 990, PART XI, LINE 5: -17,000. |
| OVERSIGHT OF AUDIT | FORM 990, PART XI, LINE 2C | COUNTRY CLUB OF LANSING HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| ELECTION OUT OF BONUS DEPRECIATION | FORM 4562 | EMPLOYER IDENTIFICATION NUMBER: 38-0118730 FOR THE YEAR ENDING MARCH 31, 2011 COUNTRY CLUB OF LANSING, HEREBY ELECTS, PURSUANT TO IRC SEC. 168(K)(2)(D)(III), NOT TO CLAIM THE ADDITIONAL 50% DEPRECIATION ALLOWABLE UNDER IRC SEC. 168(K) FOR THE FOLLOWING QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDING MARCH 31, 2011. ALL PROPERTY IN THE 5 YEAR CLASS. SEE ATTACHED FORM 4562. |
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