SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Name of the organization
THE BROKEN SOUND CLUB INC
 
Employer identification number

59-2718435
Return Reference Explanation
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: SOCIAL, GENERAL, MASTER AND OLD COURSE AND CHARTER. SOCIAL MEMBERS RECEIVE 1 VOTE, GENERAL MEMBERS RECEIVE 2 VOTES, MASTER MEMBERS RECEIVE 3 VOTES AND OLD COURSE AND CHARTER MEMBERS RECEIVE 5 VOTES.
FORM 990, PART VI, SECTION A, LINE 7B CAPITAL ASSESSMENTS OVER $500,000 REQUIRE MEMBERSHIP APPROVAL. ASSESSMENTS FOR THE MAIN CLUB COST VOTING AS FOLLOWS: SOCIAL = 1 VOTE, GENERAL = 2 VOTES, MASTER = 3 VOTES, OLD COURSE = 5 VOTES; ASSESSMENTS FOR THE OLD COURSE: OLD AND CHARTER = 1 VOTE.
FORM 990, PART VI, SECTION B, LINE 11B 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 DIRECTOR OF FINANCE AND THE TREASURER. THESE INDIVIDUALS REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM.
FORM 990, PART VI, SECTION B, LINE 12C CONSTANT REVIEW OF ALL TRANSACTIONS ARE CONDUCTED TO SEE IF THERE ARE CONFLICTS OF INTEREST. IF A SUSPECTED CONFLICT OF INTEREST IS IDENTIFIED IT IS REPORTED TO THE GENERAL MANAGER AND THE BOARD OF GOVERNORS. THE BOARD OF GOVENORS MAKES AN INQUIRY TO DETERMINE IF ADDITIONAL QUESTIONING IS NEEDED, FOLLOWED BY A COMPLETE INVESTIGATION BY MANAGEMENT BEFORE THE BOARD MAKES A DETERMINATION AND RESOLUTION TO THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION STUDIES, INDUSTRY STUDIES & EMPLOYMENT CONTRACT AGREEMENTS ARE USED IN DETERMINATION AND DOCUMENT OF COMEPENSATION. THE BOARD OF GOVERNORS PERFORMS THE REVIEW AND ISSUES A WRITTEN CONTRACT OUTLINING COMPENSATION FOR THE GM POSITION.
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, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST, FOR INSPECTION AT THE CLUB, AND ON THE CLUB'S WEBSITE.
FORM 990, PART IX, LINE 24E UTILITIES AND ENERGY 1,146,368. FOOD & BEVERAGE 895,409. PROPERTY TAXES 705,610. HUMAN RESOURCES 651,418. FITNESS/AQUATICS 501,490. LANDSCAPING 454,677. LEGAL 447,818. ENGINEERING 343,364. TENNIS 288,483. HOUSEKEEPING 164,439. JUNIOR SPORTS ACADEMY 88,892. RESERVE FUND PROJECTS 76,345.
FORM 990, PART XI, LINE 9: MEMBERSHIP CONTRIBUTIONS 4,671,729. MEMBERSHIP CERTIFICATES REDEEMED -1,987,180. CAPITAL REPLACEMENT CONTRIBUTIONS 1,971,279. MASTER PLAN ASSESSMENTS 2,790,236.
FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2018


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