Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 3 | THE ORGANIZATION CEASED ALL PROGRAMS AND IS IN THE PROCESS OF CLOSING. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE BY-LAWS LIST FOUR CLASSES OF MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS' VOTING RIGHTS CONSIST OF ELECTING THE BOARD OF DIRECTORS AND VOTING ON BY-LAW CHANGES. THESE ELECTIONS ARE VOTED ON AT THE ANNUAL MEETING. ALTERNATIVELY, A SPECIAL MEETING MAY BE CALLED FOR THE PURPOSES OF VOTING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BY-LAWS STATE THAT "THE BOARD OF DIRECTORS MAY INCUR NO DEBT OR LIABILITY, EXCEPT FOR ORDINARY CURRENT EXPENSES." ANY ACTION THAT WOULD OBLIGATE THE CLUB WITH LONG TERM DEBT OR LIABILITY WOULD REQUIRE MEMBER APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S PRESIDENT, TREASURER AND FIANCE CHAIR REVIEW THE FULL FORM 990 AND ALL THE ATTACHMENTS PRIOR TO FILING THE FORM 990. THE BOARD IS MADE AWARE OF THE REVIEW AND ANY COMMENTS GENERATED FROM THIS REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY. THE BOARD REGULARLY ASSESSES ITS ADHERANCE TO THIS POLICY AND UPDATES THE POLICY AS NECESSARY. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE TOP EMPLOYEES IS BASED ON BUDGETARY RESTRICTIONS. A REVIEW IS PERFORMED OF THE EMPLOYEES AND BASED UPON HOW THE INDIVIDUAL PERFORMED HIS/HER DUTIES, COMPENSATION IS DETERMINED ON THE BASIS OF THIS REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | NO DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC. IF A MEMBER WANTS TO VIEW POLICIES OR FINANCIAL STATEMENTS, THEY WOULD BE AVAILABLE UPON REQUEST FROM THE CLUB MANAGER. THE FINANCIAL STATEMENTS ARE REVIEWED WITH THE GENERAL MEMBERSHIP AT THE ANNUAL MEETING. |
| FORM 990, PART XI, LINE 9: | SUBVENTION HOLDER REPAYMENTS -86,000. |
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