Return Reference | Explanation |
---|---|
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The organization has one class of members, Family Membership. There is one vote for each Family Membership. |
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | Each of the nine Directors holds office for a term of three years. Members of the Board of Directors may not serve a second consecutive term without Board approval. Election of Directors occurs over a three-year period of time as follows:(a) Three Directors will be elected for a three-year term.(b) Three Directors will have one year remaining.(C) Three Directors will have two years remaining.Commencing each year prior to September 1st, the President of the Club appoints a nominating committee composed of three members. The committee selects nominees for the Director seats. Ballots with the names of votes cast at the annual membership meeting if a quorum is present or if they receive a majority of votes mailed/emailed to members if there is a 30% return within three weeks from date of mailing. |
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Decisions approved by membership include: election of directors, bylaw revisions, annual operating income/expense targets, major capital improvements. |
Form 990, Part VI, Line 11b: Form 990 Review Process | The Board members review the form 990 prior to approval. |
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Directors do not receive any compensation. The Board reviews industry compensation level to determine key employees' salary. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Governing documents, policy and financial statements are available upon request. |
Software ID: | 14000265 |
Software Version: | 2014v5.0 |