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 | ORGANIZATION MAINTAINS A GOVERNING BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7A | A THIRD OF THE BOARD OF DIRECTORS ARE ELECTED ANNUALLY. |
| FORM 990, PART VI, SECTION A, LINE 7B | GENERAL MANAGER APPROVAL FOR DECISIONS. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11A EXPLANATION - MANAGEMENT REVIEWS FORM 990 WITH ACCOUNTING FIRM WHO PREPARES THE RETURN. THEN, THE FINANCE COMMITTEE REVIEWS THE RETURN AND PRESENTS THE INFORMATION TO THE BOARD OF DIRECTORS. THE PRESIDENT OF THE CLUB SIGNS THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | DIRECTORS AND KEY EMPLOYEES SIGN A COPY OF THE CONFLICT OF INTEREST POLICY EACH YEAR. MINUTES ARE TAKEN OF MONTHLY MEETINGS. ANY CONFLICTS WILL BE DISCLOSED IN THOSE MINUTES. IF AN INDIVIDUAL HAS A CONFLICT OF INTEREST, THEN THEY REMOVE THEMSELVES FROM THE MEETING BEFORE THE VOTE IS CAST. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF MANAGERIAL EMPLOYEES IS REVIEWED ON AN ANNUAL BASIS. DEPARTMENT HEADS ARE REVIEWED BY THE GENERAL MANAGER, WHILE ASSISTANT MANAGERS ARE REVIEWED BY THE DEPARTMENT HEADS. A STANDARD FORM IS USED TO EVALUATE BONUSES, IF APPLICABLE. THE GENERAL MANAGER AND DEPARTMENT HEADS FACTOR IN COMPENSATION STUDIES PROVIDED BY VARIOUS ASSOCIATIONS, CHANGES IN DUTIES AND RESPONSIBILITIES AND OTHER FACTORS ASSOCIATED WITH THE POSITION. ALL REVIEWS AND COMPENSATION CHANGES ARE REVIEWED BY THE GENERAL MANAGER. THE GENERAL MANAGER'S COMPENSATION IS REVIEWED ANNUALLY BY THE PRESIDENT OF THE CLUB WITH INPUT FROM THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, POLICIES AND TAX RETURNS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART XII, LINE 2C EXPLANATION | THE OVERSIGHT PROCESS IS UNCHANGED FROM PRIOR YEAR. |
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