| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | PETER ROTHSCHILD, PRESIDENT OF THE CLUB AND PETER MAY, DIRECTOR OF THE CLUB BOTH SERVE ON ANOTHER BOARD OF DIRECTORS FOR A CORPORATION UNRELATED TO BULLS BRIDGE GOLF CLUB. |
| FORM 990, PART VI, SECTION A, LINE 6 | BULL'S BRIDGE GOLF CLUB, INC. (THE "CLUB") WAS FORMED AS A MEMBERSHIP ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS IS MADE UP OF CURRENT BOARD MEMBERS AND NOMINATES MEMBERS OF THE CLUB TO THE BOARD OF DIRECTORS TO SERVE FOR UP TO A 3 YEAR TERM. THE MEMBERS OF THE CLUB VOTE ANNUALLY AT THE ANNUAL MEETING TO ELECT MEMBERS TO THE BOARD OF DIRECTORS OF THE CLUB. |
| FORM 990, PART VI, SECTION A, LINE 7B | ASSOCIATE MEMBERS, PROVISIONAL MEMBERS, NATIONAL MEMBERS, JUNIOR MEMBERS, TRIAL MEMBERS, AND THOSE ON A LEAVE OF ABSENCE SHALL BE ENTITLED TO VOTE ON ANY MATTER. EXCEPT AS EXPRESSLY PROVIDED IN THE ARTICLES OF ORGANIZATION, REGULAR MEMBERS SHALL NOT ONLY BE ENTITLED TO VOTE ON "MAJOR DECISIONS". THE FOLLOWING SETS FORTH THE EXCLUSIVE LIST OF MAJOR DECISIONS: A) THE SALE OF ALL OR SUBSTANTIALLY ALL OF THE CLUB'S ASSETS; B) THE OPENING OF THE CLUB'S FACILITIES TO THE GENERAL PUBLIC ON A CONTINUOUS AND ONGOING BASIS; C) THE MANDATORY PURCHASE OF BONDS BY THE MEMBERS ON SUCH TERMS AS ARE APPROVED BY THE BOARD AND THE MEMBERS; D) THE ELECTION OF DIRECTORS HEREINAFTER REFERRED TO; E) APPROVAL OF CAPITAL ASSESSMENTS IN EXCESS OF $10,000 PER MEMBER; AND F) FUNDAMENTAL CHANGES TO THE RIGHTS OR OBLIGATIONS OF MEMBERS, INCLUDING AN INCREASE IN THE NUMBER OF MEMBERSHIPS. THE POWER TO SUBMIT A MAJOR DECISION TO A VOTE OF THE MEMBERS, AND TO CALL A MEETING OF THE MEMBERS TO VOTE THEREON, SHALL BE VESTED SOLELY IN THE BOARD. MEMBERS WHO ARE IN GOOD STANDING ON THE RECORD DATE AND AT THE TIME THE VOTE IS TAKEN SHALL BE ENTITLED TO VOTE ON EACH MAJOR DECISION. WITH RESPECT TO MAJOR DECISIONS, MEMBERS SHALL VOTE AS A SINGLE CLASS, EACH MEMBER SHALL HAVE ONE VOTE, AND APPROVAL REQUIRE THE AFFIRMATIVE VOTE OF THE MAJORITY OF REGULAR MEMBERS IN GOOD STANDING. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE COMMITTEES OF THE BOARD PROVIDE ORAL UPDATES TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE PRESIDENT AND TREASURER REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY AND DISCLOSURE IS SIGNED BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES. TO DATE THERE HAS BEEN NO INTERESTS THAT GAVE RISE TO CONFLICT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. |
| Software ID: | |
| Software Version: |