Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CLUB WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH YEAR THE MEMBERSHIP VOTES FOR A SLATE OF CANDIDATES FOR THE BOARD OF DIRECTORS AND NOMINATING COMMITTEE. THE SLATE IS PROPOSED BY THE NOMINATING COMMITTEE AND THE MEMBERS VOTE ON THE SLATE OF CANDIDATES. EACH BOARD OF DIRECTOR MEMBER IS GENERALLY ELECTED FOR A THREE YEAR TERM. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERSHIP VOTES ON CHANGES TO THE BY-LAWS. |
| FORM 990, PART VI, SECTION A, LINE 8B | NO COMMITTEE HAS AUTHORITY TO ACT WITHOUT APPROVAL OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE EXECUTIVE ADMINISTRATOR DISTRIBUTES THE CONFLICT OF INTEREST FORM TO BOARD MEMBERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. THESE INDIVIDUALS MUST SIGN AND RETURN THE FORM TO THE EXECUTIVE ADMINISTRATOR. THE POLICY IS DISCUSSED AT MANAGEMENT MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF KEY EMPLOYEES IS BASED ON A COMBINATION OF CONTRACTUAL ARRANGEMENTS OR PERFORMANCE. THE CONTRACTUAL ARRANGEMENTS ARE REVIEWED PERIODICALLY BY BOARD MEMBERS AS IS THE PERFORMANCE OF EACH KEY EMPLOYEE. IN DETERMINING COMPENSATION LEVELS, REFERENCE IS MADE TO INDEPENDENT SURVEYS CONDUCTED BY TRADE ASSOCIATIONS AND OTHERS. OFFICERS AND DIRECTORS DO NOT RECEIVE ANY COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | MEMBERSHIP CERTIFICATE ACTIVITY -174,950. PENSION ADJUSTMENT 3,301. INTEREST RATE SWAP ADJUSTMENT -545,278. CHANGE IN CAPITAL STOCK -300. |
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