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 1 | THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER AND ASSISTANT TREASURER. THE EXECUTIVE COMMITTEE MAY EXERCISE THE ADMINISTRATIVE POWERS OF THE BOARD. THE EXECUTIVE COMMITTEE MAY NOT AMEND THE BYLAWS OR ARTICLES OF INCORPORATION, APPOINT OR DISMISS DIRECTORS, OR CHANGE THE EXEMPT PURPOSE OF THE ORGANIZATION WITHOUT THE APPROVAL OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 6 | ACTIVE MEMBERS ARE ANY PERSON 21 YEARS OF AGE OR OVER. CORPORATE MEMBERS ARE ANY LEGAL CORPORATE ENTITY. CORPORATE MEMBERS ARE LIMITED TO A MAXIMUM TOTAL OF FIVE VOTES. |
| FORM 990, PART VI, SECTION A, LINE 7A | ACTIVE AND CORPORATE MEMBERS ELECT THE BOARD OF GOVERNORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE GOVERNING DOCUMENTS MAY BE AMENDED BY A TWO-THIRDS VOTE OF THE MEMBERS AT ANY MEMBERSHIP MEETING OF THE CLUB, PROVIDED THE PROPOSED AMENDMENT HAS BEEN APPROVED BY A MAJORITY OF THE BOARD OF GOVERNORS OR HAS BEEN SIGNED BY AT LEAST TEN (10) MEMBERS ENTITLED TO VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE EXECUTIVE COMMITTEE REVIEWS THE 990 AND THEN IT IS SENT TO THE ENTIRE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE ACTS AS THE COMPENSATION COMMITTEE AND PERFORMS AN ANNUAL COMPENSATION REVIEW OF THE GENERAL MANAGER, UTILIZING INPUT FROM TRADE ASSOCIATIONS AS COMPARABILITY DATA. THE COMPENSATION REVIEW IS TIMELY DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15B: THE CLUB DOES NOT COMPENSATE ANY INDIVIDUAL WHO MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OTHER OFFICER OR KEY EMPLOYEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CLUB MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE CLUB DOES NOT ISSUE FORMAL FINANCIAL STATEMENTS. |
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