Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Unrelated business income explanation Part V line 3b | The Club has a profit of $ 18,315 (net UBI)from parking rentals. This is reported on Form 990-T. |
| Members or stockholder classes and rights Part VI line 6 | There is only one class of members. All members have voting rights. |
| Member election for additional members Part VI line 7a | Every year a few new members are elected to the Club. Nominations of new members are made in the first Saturday in October followed by an election of new members on the third Saturday of the same month. New members must be voted in by a majority of existing members present at a meeting that satisfies quorum requirements. |
| Governing body decisions Part VI line 7b | This is a social club. Members are initiated after a vetting process. |
| Form 990 governing body review Part VI line 11 | The board of trustees and directors review the Forms 990 and 990-T before they are filed. |
| CEO executive director top management comp Part VI line 15a | James Aufiero is the treasurer of the Club. He is the only management person to receive any type of compensation from the Club. He keeps the Clubs financial records and prepares its payroll tax returns. He received $ 7,800 in 2022 for his services. |
| Other officer or key employee compensation Part VI line 15b | The directors and trustees approve the compensation of the treasurer who does bookeeping, prepares all financial statements, and files the tax returns. The only officer or key employee on the payroll is the Treasuer who was paid $ 7,800 in 2022. |
| Form 990 availability to public Part VI line 18 | The Club files a copy of its annual financial statements reviewed by a CPA with the Division of Public Charities, Commonwealth of Massachusetts. In addition, copies of current and past financial statements may be viewed by the public by sending in a written request to the Treasurer, Dante Club, 5 Dante Terrace, Somerville, MA 02143. A copy of Form 990 along with Massachusetts Form PC is filed with the Massachusetts Division of Public Charities. This form is made available by the state to the general public. |
| Governing documents etc available to public Part VI line 19 | Any member of the public, upon request, may obtain a copy of our governing documents. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | This is year-end adjustment of forgiveness of $ 198 of PPP debt without resulting income to balance the books. |
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