| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE WINGED FOOT GOLF CLUB, INC. (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | FOUR GOVERNORS SHALL BE ELECTED BY THE MEMBERS OF THE CLUB AT EACH ANNUAL MEETING TO SERVE A TERM OF THREE YEARS. THE OFFICERS FOR THE ENSUING YEAR SHALL BE ELECTED BY THE BOARD FROM ITS MEMBERS AT THE ANNUAL MEETING OF THE BOARD OR AN ADJOURNMENT THEREOF. |
| FORM 990, PART VI, SECTION A, LINE 7B | SPECIAL MEETINGS OF THE CLUB SHALL BE HELD AT ANY TIME ON CALL OF THE BOARD OR UPON RECEIPT OF A REQUEST SIGNED BY AT LEAST FIFTY MEMBERS WHICH SHALL SPECIFY THE PURPOSE AND TIME OF THE MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COMPLIANCE WITH CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESSES FOR DETERMINING COMPENSATION ARE AS FOLLOWS: 1. APPLICABLE COMMITTEES REVIEW PERFORMANCE. 2. COMPARATIVE DATA IS OBTAINED FROM OUTSIDE ACCOUNTANTS AND REVIEWED. 3. THE FULL BOARD ULTIMATELY APPROVES COMPENSATION FOR EMPLOYEES. 4. THE BOARD REVIEWS AND APPROVES ALL FINANCIAL PACKAGES OFFERED TO KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CLUB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | DEFERRED COMPENSATION INCOME -10,397. DEFERRED COMPENSATION REALIZED LOSSES 10,695. |
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