Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | THE CLUB IS COMPRISED OF MEMBERS AT VARIOUS MEMBERSHIP LEVELS |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | THE CLUB'S REGULAR MEMBERS ELECT FOUR BOARD MEMBERS TO THREE YEAR TERMS ANNUALLY. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | VOTING MEMBERS HAVE THE RIGHT TO APPROVE SPECIAL ASSESSMENTS AND BY-LAW AMENDMENTS THAT THE BOARD PROPOSES. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE ANNUAL RETURN FORM 990 IS REVIEWED IN DETAIL BY BOTH THE TREASURER AND CONTROLLER PRIOR TO FILING. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | THE SALARIES AND BONUSES OF THE CLUB'S TOP MANAGEMENT OFFICIAL AND OTHER KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE TAKES PAST COMPENSATION, PRIVATE CLUB SALARY AND COMPENSATION SURVEYS, FINANCIAL PERFORMANCE OF THE CLUB AND OVERALL MEMBERSHIP SATISFACTION INTO CONSIDERATION WHEN DISCUSSING COMPENSATION ADJUSTMENTS. THEIR DECISIONS ARE DOCUMENTED DURING THE BUDGETING PROCESS DURING WHICH THE AGREED TO COMPENSATION AMOUNTS ARE INCLUDED IN THE ANNUAL BUDGET WHICH IS PRESENTED TO THE ENTIRE BOARD FOR APPROVAL. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | SEE 15A ABOVE |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | CHANGE IN INTEREST RATE SWAP CALCULATION = -$12674 |
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |