| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | EVERYONE THAT PAYS DUES (EITHER GOLF OR SOCIAL) IS A MEMBER OF THE COUNTRY CLUB. EVERYONE WHO PAYS DUES FOR GOLF MUST ALSO OWN AT LEAST ONE SHARE OF STOCK. COST TO PURCHASE THE SHARE OF STOCK IS 100. PEOPLE WHO HAVE PURCHASED A SHARE OF STOCK AND DO NOT CONTINUE, WILL CONTINUE TO BE A SHAREHOLDER UNTIL THEY ASK TO RETIRE THEIR SHARE OF STOCK OR TEN YEARS OF INACTIVITY. |
| FORM 990, PAGE 6, PART VI, LINE 7A | ANYONE WHO IS A SHAREHOLDER MAY RUN FOR THE BOARD OF DIRECTORS. AT THE ANNUAL MEETING OF THE SHAREHOLDERS, EACH JANUARY, THE MEMBERS VOTE FOR THREE NEW BOARD MEMBERS. THE TERM OF OFFICE IS THREE YEARS EACH. THE BOARD VOTES FOR OFFICERS OF THE CLUB. THE BOARD OF DIRECTORS MEETS ON A MONTHLY BASIS AND REVIEWS THE CLUB OPERATIONS AND REVIEWS AND GOVERNS THE ISSUES THAT ARISE IN A GIVEN YEAR. IF NEW POLICIES ARE NEEDED THE VOTE TO AMEND EXISTING RULES. BOARD IS NOT COMPENSATED FOR THE WORK. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY BOARD MEMBERS PRIOR TO BEING FILED AND IS AVAILABLE TO MEMBERS UPON REQUEST. |
| FORM 990, PAGE 6, PART VI, LINE 15B | KEY EMPLOYEES ARE REVIEWED BY EXECUTIVE COMMITTEE FOR THEIR PERFORMANCE AND MERIT RAISES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | FINANCIAL STATEMENTS ARE PROVIDED TO THE BOARD OF DIRECTORS ON A MONTHLY BASIS. THE SHAREHOLDERS RECEIVE A COPY OF THE ANNUAL FINANCIAL STATEMENTS. |
| FORM 990, PART IX, LINE 24E | GOLF CART LEASE 27,211 0 0 ANNUAL MEN'S INVITATIONAL 24,478 0 0 GASOLINE & OIL 20,370 0 0 MATS, LINENS, & TOWELS 19,074 0 0 CLUB PROPHET EXPENSES 15,618 0 0 BANK CHARGES 12,502 0 0 EMPLOYEE MEALS 10,227 0 0 MISC EXPENSE 8,619 0 0 RUBBISH 8,088 0 0 HANDICAP FEES 8,066 0 0 GOLF CART RENTAL 6,030 0 0 PAYROLL SERVICE 5,090 0 0 MUSIC ENTERTAINMENT 5,000 0 0 EDUCATION 4,411 0 0 GOLF CART GENIUS SOFTWARE 3,700 0 0 MEMBER ENTERTAINMENT 3,404 0 0 LANDSCAPING 3,318 0 0 LICENSES & PERMITS 1,940 0 0 EVENT MANAGEMENT SOFTWARE 1,800 0 0 GOLF CART GPS SYSTEM 1,616 0 0 UNIFORMS 903 0 0 EMPLOYEE RELATIONS 796 0 0 HOLIDAY STAFF PARTY 659 0 0 CASH PAYOUTS 610 0 0 CHARTIABLE CONTRIBUTIONS 471 0 0 GOLF CART MAINTENANCE 370 0 0 LEGAL 133 0 0 TOTAL 194,504 0 0 |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE 17,586 CHANGE IN COMMON STOCK 2,500 TOTAL 20,086 |
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