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 | CENTER CLUB MEMBERS HAVE THE POWER TO ELECT OFFICERS ON THE BOARD OF GOVERNORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD IS ELECTED BY THE MEMBERS ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 11B | DRAFT 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE TREASURER. IT IS THEN CIRCULATED AND REVIEWED BY THE FINANCE COMMITTEE. LASTLY, THE 990 IS SENT TO THE EXECUTIVE COMMITTEE AND TO THE BOARD OF GOVERNORS FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE TREASURER REVIEWS THE CONFLICT OF INTEREST POLICY AND THE INDIVIDUAL RESPONSES TO THE POLICY ANNUALLY. THE TREASURER AND FINANCE COMMITTEE ARE AWARE OF ALL TRANSACTIONS/RELATIONSHIPS WITH THE BOARD OF GOVERNOR COMPANIES. |
| FORM 990, PART VI, SECTION B, LINE 15 | EXECUTIVE COMMITTEE ACTS AS COMPENSATION COMMITTEE - THAT REVIEWS THE LATEST COMPENSATION SURVEY (FROM CLUB BENCHMARKING AND CMAA) FOR ALL SALARIED POSITIONS AND FORM 990S FOR OTHER ORGANIZATIONS ON AN ANNUAL BASIS. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE GENERAL MANAGER. |
| FORM 990, PART VI, SECTION C, LINE 19 | THESE ITEMS ARE AVAILABLE ON GUIDESTAR AND UPON REQUEST AT OUR CORPORATE OFFICE, 100 LIGHT STREET, BALTIMORE, MD 21202. |
| FORM 990, PART XI, LINE 9: | ADJUSTMENT DUE TO CHANGE IN REVENUE RECOGNITION -437,440. |
| FORM 990, PART XII, LINES 2C | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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