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 4: Description of Significant Changes to Organizational Documents | ORGANIZATION ADDED A NEW BOARD OF DIRECTOR POSITION TO SERVE DURING A PRESIDENT'S SECOND YEAR OF A TWO-YEAR TERM (THEREBY ADDING 21 POSITIONS EVERY OTHER YEAR). OTHER MINOR CHANGES WERE MADE REGARDING MEMBERSHIP CATEGORIES AND COMMUNICATIONS. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | THE CLUB IS ORGANIZED WITH SIX CLASSES OF MEMBERS |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | THREE CLASSES OF MEMBERS (ACTIVE, JUNIOR AND SENIOR) VOTE ANNUALLY TO ELECT 10 MEMBERS TO 2-YEAR TERMS TO THE BOARD. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | A VOTE OF THE MEMBERSHIP IS REQUIRED TO APPROVE ANY BY-LAW AMENDMENTS, INITIATION FEE INCREASES AND DUES INCREASES PROPOSED BY THE BOARD. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | DISTRIBUTED TO THE EXECUTIVE COMMITTEE FOR REVIEW |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE CONFLICT OF INTEREST POLICY REQUIRES EACH OFFICER AND BOARD MEMBER TO DISCLOSE CONFLICTS ANNUALLY THROUGH COMPLETION OF A SIGNED STATEMENT. IN ADDITION, THEY ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS DURING THE YEAR AS THEY MIGHT ARISE. POTENTIAL CONFLICTS ARE REVIEWED AT THE SUBCOMMITTEE LEVEL AND BROUGHT TO THE BOARD FOR REVIEW IF THE SUBCOMMITTEE FINDS A REASONABLE BASIS FOR CONCERN. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | CONDUCTED BY THE EXECUTIVE COMMITTEE OF THE BOARD IN JANUARY/FEBRUARY EACH YEAR; COMPENSAION REVIEWS INCLUDES THE USE OF COMPARABLE DATA PRODUCED BY THE CLUB MANAGER'S ASSOCIATION OF AMERICA, WITH CONSIDERATION GIVEN TO CPI AND PERFORMANCE. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | CONDUCTED BY THE EXECUTIVE COMMITTEE OF THE BOARD IN JANUARY/FEBRUARY EACH YEAR; COMPENSAION REVIEWS INCLUDES THE USE OF COMPARABLE DATA PRODUCED BY THE CLUB MANAGER'S ASSOCIATION OF AMERICA, WITH CONSIDERATION GIVEN TO CPI AND PERFORMANCE. |
| Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | NOT MADE AVAILABLE TO THE PUBLIC. AVAILABLE UPON REQUEST. |
| FORM 990 - ORGANIZATION'S MISSION | THE FORTNIGHTLY OF CHICAGO IS A WOMEN'S SOCIETY FOUNDED TO ENRICH THE INTELLECTUAL LIVES OF ITS MEMBERS. THE PRESERVATION OF ITS HISTORIC AND ARCHITECTURALLY SIGNIFICANT HOUSE ENSURES A GRACIOUS SETING FOR THE SHARING OF IDEAS THROUGH CULTURAL, EDUCATIONAL AND SOCIAL EVENTS. |
| FORM 990, PART III, LINE 4D - ALL OTHER ACCOMPLISHMENTS | SAME AS ABOVE |
| Software ID: | 21013475 |
| Software Version: | 2021v4.1 |