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 1a | Except as restricted by the Articles of Incorporation or these By-Laws, the Board ofDirectors shall be vested with full authority over the management of affairs, funds and property of the Club. |
| Form 990, Part VI, Section A, Line 6 | All members are stockholders of the organization. |
| Form 990, Part VI, Section A, Line 7a | 12 members on the board of directors. Board is elected by the stockholders. Each board members serves a three year term. After a three year term, they must sit out before they can be reelected to another term.Officers are elected by the board of directors. |
| Form 990, Part VI, Section A, Line 7b | The board has the authority to make any decision that is not restricted by the by-laws. Decisions to borrow money, sell assets or major capital improvements would require stockholder approval. |
| Form 990, Part VI, Section A, Line 8b | All committees report to the board of directors. Action taken by committee must be approved by the board of directors at which it is recorded in the minutes. |
| Form 990, Part VI, Section B, Line 11b | The form is submitted to the treasurer who reviews it with the board of directors. |
| Form 990, Part VI, Section C, Line 19 | The governing documents and policies are available in a newsletter to the members and on the Club website.Financial data is available to members upon request. |
| Form 990, Part XI, Line 9 | INCREASE IN CAPITAL STOCK = $53334 |
| Software ID: | 22015553 |
| Software Version: | 2022v5.0 |