| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THERE ARE TWO MAJOR CLASSES OF MEMBERS, ACTIVE FULL-VOTING MEMBERS AND NON-ACTIVE NON-VOTING MEMBERS. ACTIVE FULL-VOTING MEMBERS ARE THE MEMBERS THAT PAY ALL THEIR INITIATION FEES IN FULL. THESE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY AND ALSO APPROVE SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY. EXAMPLES OF THESE SIGNIFICANT DECISIONS COULD INCLUDE THE APPROVAL OF ASSESSMENTS AND APPROVAL OF RAISING DUES IN A GIVEN YEAR. THE NON-ACTIVE NON-VOTING MEMBER CLASS INCLUDES THE REMAINING MEMBERS WHO DO NOT HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY OR APPROVE ANY SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7A | PREMATURE VACANCIES ON THE BOARD OF DIRECTORS MAY BE FILLED BY THE REMAINING DIRECTORS. SUCH DIRECTOR WILL SERVE UNTIL THE NEXT ANNUAL MEETING, AT WHICH TIME A DIRECTOR SHALL BE ELECTED BY THE MEMBERS FOR THE UNEXPIRED PORTION OF SUCH TERM. DIRECTORS SHALL NOT FILL A VACANCY WITH A MEMBER WHO HAS SERVED ON THE BOARD OF DIRECTORS DURING THE PRECEDING TWELVE (12) MONTHS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ACTIVE FULL-VOTING MEMBERS HAVE THE RIGHT TO RATIFY SIGNIFICANT DECISIONS MADE BY THE BOARD MEMBERS. EXAMPLES OF THESE SIGNIFICANT DECISIONS COULD INCLUDE THE APPROVAL OF ASSESSMENTS AND APPROVAL OF RAISING DUES IN A GIVEN YEAR. |
| FORM 990, PART VI, SECTION B, LINE 11B | AFTER THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM, FRAZIER & DEETER, LLC, THE FORM IS FIRST REVIEWED BY THE GENERAL MANAGER AND CONTROLLER FOR ACCURACY. THE FORM IS THEN PRESENTED TO THE TREASURER AND THE APPOINTED FINANCE COMMITTEE MEMBERS AND THEN SIGNED BY THE CONTROLLER. |
| FORM 990, PART VI, SECTION B, LINE 12 | ALTHOUGH ATLANTA COUNTRY CLUB, INC. CURRENTLY DOES NOT HAVE A CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, AND DOCUMENT RETENTION AND DESTRUCTION POLICY, THEY ARE IN THE PROCESS OF ADOPTING ONE AND THEY WILL HAVE ONE BEFORE THEIR NEXT TAX FILING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS APPOINTS A COMPENSATION COMMITTEE, ANNUALLY, WHO NEGOTIATE AND DETERMINE THE COMPENSATION FOR TOP MANAGEMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST AND CAN BE REVIEWED AT THE CLUB. |
| FORM 990, PART VIII, LINE 7D: | DURING THE 2024 TAX YEAR, ATLANTA COUNTRY CLUB, INC. SOLD ASSETS PRODUCING NET PROCEEDS OF $22,250. WE CHOSE TO EXCLUDE THIS GAIN UNDER IRC SEC. 512(A)(3)(D) DUE TO THE FACT THAT THE CLUB USED ALL PROCEEDS TO PURCHASE PROPERTY TO BE USED IN THE CLUB'S EXEMPT FUNCTION DURING THE 2024 TAXABLE YEAR. |
| FORM 990, PART IX, LINE 24E | PROPERTY TAXES 233,741. CONTRACT LABOR 173,654. LANDSCAPING 157,793. COMPUTER EXPENSE 125,020. EQUIPMENT RENTAL 115,861. PROFESSIONAL FEES 108,468. DECORATIONS 102,805. MISCELLANEOUS 88,165. UNIFORMS & LAUNDRY 74,938. COMPLIMENTARY FOOD AND BEVERAGE 63,431. SECURITY 54,418. FUEL 53,888. EMPLOYEE MEALS 44,552. BANK CHARGES 37,824. MUSIC AND ENTERTAINMENT 36,028. DUES AND SUBSCRIPTIONS 29,879. TAXES AND LICENSES 22,399. TOURNAMENT EXPENSE 22,234. TELEPHONE 20,104. TRAINING 13,383. PRINTING AND PUBLICATIONS 10,126. POSTAGE AND SHIPPING 6,844. CHINA, GLASS, AND SILVER 3,271. |
| FORM 990, PART XI, LINE 9: | CLUBHOUSE ASSESSMENT 442,600. INITIATION FEES 3,361,415. CAPITAL DUES 572,350. COURSE RENOVATION ASSESSMENT 3,500. |
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