Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTE REVIEWS THE FORM 990 PRIOR TO FILING. |
| PART VI, SECTION C, LINE 19 | THE CLUB DOES MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE TO ITS MEMBERS UPON REQUEST. SUCH DOCUMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. |
| PART VI, SECTION A, LINES 6, 7A AND 7B | THE CLUB HAS CHARTER MEMBERS WHICH VOTE FOR THE CURRENT BOARD OF DIRECTORS. CERTAIN TRANSACTIONS MUST BE APPROVED BY A MAJORITY OF CHARTER MEMBERS. |
| PART VI, SECTION B, LINE 15 | COMPENSATION FOR TOP MANAGEMENT EMPLOYEES OF THE CLUB IS DETERMINED BY THE EXECUTIVE COMMITTEE AND FORMALIZED BY A WRITTEN AGREEMENT BETWEEN THE CLUB AND EMPLOYEE. |
| FORM 990, PAGE 1 B | THE CLUB SOLD ITS ASSETS TO AN UNRELATED PARTY ON APRIL 23, 2013. THE CLUB CONTINUED TO WIND DOWN OPERATIONS AND MADE A DISTRIBUTION TO THE MEMBERS REMAINING CASH ON HAND LESS ANTICIPATED EXPENDITURES AS PER THE CLUB BYLAWS OF $95,389 ON DECEMBER 26, 2013 AS REPORTED ON SCHEDULE N. A COPY OF THE DISSOULTION AMENDMENT FILED WITH THE STATE OF KANSAS AND THE BOARD RESOLUTION TO TERMINATE THE CLUB IS ATTACHED. |
| PART VIII, LINE 7 | THE CLUB SOLD ITS ASSETS TO AN UNRELATED PARTY ON 4/23/2013 RESULTING IN A LOSS ON THE SALE COMPUTED AS FOLLOWS: SALES PROCEEDS $1,888,992 PROPERTY COSTS ($8,939,635) ACCUMULATED DEPR. 4,962,716 CLOSING COSTS ( 52) ----------- ($3,976,971) ---------- LOSS ON SALE ($2,087,979) ========== |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:PROPERTY TAXES TOTAL EXPENSES:20741 |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:FOOD DEPARTMENT TOTAL EXPENSES:20309 |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:EQUIPMENT LEASE TOTAL EXPENSES:7651 |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:LOAN FEE AMORTIZATION TOTAL EXPENSES:7334 |
| FORM 990 PART IX LINE 24 - OTHER EXPENSES | DESCRIPTION:EQUITY REFUNDS TOTAL EXPENSES:100456 |
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