FORM 990, PART VI, SECTION A, LINE 6 |
THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERSHIP: RESIDENT, SENIOR, ORIGINATING SENIOR, HOUSE, SENIOR HOUSE, NON-RESIDENT, COMPLIMENTARY AND HONORARY. |
FORM 990, PART VI, SECTION A, LINE 7A |
ONLY MEMBERS OF THE RESIDENT MEMBER CLASS SHALL HAVE THE RIGHT TO CAST A VOTE AT THE MEETING OF MEMBERS TO ELECT THE BOARD OF DIRECTORS. |
FORM 990, PART VI, SECTION A, LINE 7B |
CERTAIN ACTIONS OF THE BOARD MAY BE SUBJECT TO APPROVAL BY THE MEMBERSHIP OF THE CLUB, ACCORDING TO THE BY-LAWS OF THE ORGANIZATION. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE TAX RETURN, WHICH IS PROVIDED TO THE BOARD PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
ALL BOARD MEMBERS MUST REVIEW AND SIGN OFF THAT THEY ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND WILL ADHERE TO THE POLICY ON AN ANNUAL BASIS. DURING THE YEAR, MEMBERS WITH CONFLICTS MUST RECUSE THEMSELVES FROM ALL DISCUSSIONS AND VOTING. |
FORM 990, PART VI, SECTION B, LINE 15 |
ALL COMPENSATION IS DETERMINED BY AN INDEPENDENT COMPENSATION COMMITTEE. THE PROCESS OF DETERMINING COMPENSATION INCLUDES, BUT IS NOT LIMITED TO, A COMPENSATION STUDY OR SURVEY. THE COMPENSATION COMMITTEE REVIEWS MARKET DATA COMPILED BY BOTH THE CLUB MANAGERS ASSOCIATION OF AMERICA AS WELL AS THE HOSPITALITY FINANCIAL AND TECHNOLOGY PROFESSIONALS IN ORDER TO COMPARE THE SALARIES AND BENEFITS OF THE OFFICERS AND EMPLOYEES OF THE ORGANIZATION. ALL DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED IN MEETING MINUTES. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
FORM 990, PART XI, LINE 9: |
REDEMPTION OF MEMBERSHIPS -1,500. |
FORM 990, PART XII, LINE 2C: |
THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH OVERSEES THE AUDIT PROCESS AND REVIEWS THE FINAL AUDITED REPORTS. THIS PROCESS HAS BEEN CONSISTENT AS WITH PRIOR YEARS. |