Form 990, Part VI, Section A, Line 6 |
The organization has members who are sailboat owners or others with a mutual interest in sailing. |
Form 990, Part VI, Section A, Line 7a |
Governing body officers are elected by majority vote of regular members at our annual meeting. |
Form 990, Part VI, Section A, Line 7b |
Per by-laws, all business and property of the organization are managed by the governing body elected by the membership. The following exceptions require vote of the membership:(a) amendment of the certificate of incorporation by-laws. (b) The sale of real property. (c) The borrowing of money above 75% of the average revenue of the previous three years, with the understanding that any loan be restricted to purchase of real property or capital equipment. |
Form 990, Part VI, Section B, Line 11b |
Document was reviewed and approved by the Board of Directors at a Board Meeting. |
Form 990, Part VI, Section B, Line 12c |
Board members are required to annually disclose any potential conflicts of interest. The remaining members of the Board determine what actions should be taken to avoid or manage the conflicts of interest. |
Form 990, Part VI, Section B, Line 15 |
Salaries for Sailing School Instructor, Sailing Assistant, Sailing Associate and Sailing Camp Activities Director were updated in the spring and standardized. We utilized information from other sailing schools in the area and also recreational camps. |
Form 990, Part VI, Section C, Line 18 |
Form 990 and policies are available to the public upon request. From 990 is available to the public at guidestar.com. |
Form 990, Part VI, Section C, Line 19 |
Policies are available to the public upon request. |