| Return Reference | Explanation |
|---|---|
| Unrelated business income explanation Part V line 3b | The Club has loss of $27,024 (negative UBI)from parking rentals. This is reported on Form 990-T. |
| Members or stockholder classes and rights Part VI line 6 | There is only one class of members. All members have voting rights. |
| Member election for additional members Part VI line 7a | Every year a few new members are elected to the Club. Nominations of new members are made in the first Saturday in October followed by an election of new members on the third Saturday of the same month. New members must be voted in by a majority of existing members present at a meeting that satisfies quorum requirements. |
| Governing body decisions Part VI line 7b | This is a social club. Members are initiated after a vetting process. |
| Form 990 governing body review Part VI line 11 | The board of trustees and directors review the Forms 990 and 990-T before they are filed. |
| CEO executive director top management comp Part VI line 15a | The compensation to management is for recording sales, paying invoices, keeping financial records and preparing the financial statements for the Club. |
| Other officer or key employee compensation Part VI line 15b | The directors and trustees approve the compensation of the treasurer who does bookeeping, prepares all financial statements, and files the tax returns. The total paid to officers and management was$ 49,995 of which the bulk was paid to Joseph Trant for keeping the books and financial records of the Club. |
| 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. |
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