| FORM 990, PART VI, SECTION A, LINE 4 |
THE BY LAWS AND THE ARTICLES OF INCORPORATION HAVE BEEN REWRITTEN. COPIES OF THE REVISIONS CAN BE FURNISHED UPON REQUEST. |
| FORM 990, PART VI, SECTION A, LINE 6 |
THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A |
THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: GOLF EQUITY MEMBERS HAVE 2 VOTES PER MEMBERSHIP; SOCIAL EQUITY MEMBERS HAVE 1 VOTE PER MEMBERSHIP; GOLF-X MEMBERS HAVE 1 VOTE PER MEMBERSHIP; NON-EQUITY SOCIAL MEMBERS HAVE 1/2 VOTE PER MEMBERSHIP; ANNUAL, PREFERRED GOLF, AND TENNIS MEMBERS HAVE NO VOTING PRIVILEGES. |
| FORM 990, PART VI, SECTION A, LINE 7B |
CAPITAL EXPENDITURES ARE LIMITED TO 5% OF GROSS REVENUE ANUALLY; MEMBERSHIP APPROVAL IS NEEDED BEYOND THAT LIMIT AND ON INDIVIDUAL PROJECTS GREATER THAN 2.5% OF GROSS REVENUE. CHANGES TO THE BY-LAWS REQUIRE THE APPROVAL OF THE MEMBERS ELIGIBLE TO VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11 |
THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER. THE TREASURER REVIEWS FORM 990 WITH ITS OUTSIDE CPA PREPARERS IN ITS ENTIRETY PRIOR TO THE FILING OF THE FORM. |
| FORM 990, PART VI, SECTION C, LINE 18 |
THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 |
GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE CLUB DOES NOT HAVE A CONFLICT OF INTEREST POLICY. |
| FORM 990, PART XI, LINE 9: |
MEMBERSHIP CERTIFICATES ISSUED, NET 65,000. RENOVATION ASSESSMENTS 827,137. TRANSFER FEES 56,000. |
| FORM 990, PART XII, LINE 2C |
NO CHANGE FROM PRIOR YEAR. |
Attach to Form 990 or 990-EZ.