Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | PROPRIETARY MEMBERS ELECT THE CLUB'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS' ACTIONS ARE GENERALLY NOT SUBJECT TO PROPRIETARY MEMBER APPROVAL. HOWEVER, CERTAIN ACTIONS MUST BE APPROVED BY THE PROPRIETARY MEMBERSHIP. SUCH ACTIONS INCLUDE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BY-LAWS AS WELL AS SALES OF LAND. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD OF DIRECTORS' ACTIONS ARE GENERALLY NOT SUBJECT TO PROPRIETARY MEMBER APPROVAL. HOWEVER, CERTAIN ACTIONS MUST BE APPROVED BY THE PROPRIETARY MEMBERSHIP. SUCH ACTIONS INCLUDE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BY-LAWS AS WELL AS SALES OF LAND. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT COPY OF FORM 990 IS PROVIDED TO ALL OFFICERS AND MEMBERS OF THE CLUB'S BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. ANY QUESTIONS, COMMENTS OR CONCERNS ARE ADDRESSED PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CLUB REQUIRES ALL OFFICERS, DIRECTORS, AND EMPLOYEES TO DISCLOSE ANY CONFLICTS OF INTEREST AS THEY ARISE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING BOARD DISTRIBUTES DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS TO THE MEMBERS OF THE CLUB. THEY DO NOT DISTRIBUTE ANY INFORMATION TO THE GENERAL PUBLIC. |
| FORM 990, PART XI, LINE 9: | MEMBER EQUITY CHANGES -38,500. |
| FORM 990, PART XI, LINE 2C: | THE CLUB HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT PROCESS. THIS INCLUDES THE RECOMMENDATION TO THE BOARD OF DIRECTORS OF THE SELECTION OF THE INDEPENDENT AUDITOR. THE COMMITTEE WAS IN PLACE DURING THE PRIOR YEAR AND THE PROCESS HAS NOT CHANGED. |
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