FORM 990, PART VI, SECTION A, LINE 6 |
INDIVIDUALS PURCHASE MEMBERSHIP TO THE CLUB AND ARE CHARGED DUES MONTHLY FOR CONTINUED MEMBERSHIP. PROPRIETARY MEMBERS ARE RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. |
FORM 990, PART VI, SECTION A, LINE 6 |
A MAJORITY VOTE BY THE PROPRIETARY MEMBERS (PROVIDED THAT AT LEAST HALF OF THE PROPRIETARY MEMBERS VOTE) WOULD BE NEEDED TO PASS ANY OF THE FOLLOWING PROPOSALS: RECALL OF A DIRECTOR; CHANGE TO THE AUTHORIZED NUMBER OF DIRECTORS; ALLOWING ANY DIRECTOR TO HOLD OFFICE BY DESIGNATION RATHER THAN BY ELECTION. |
FORM 990, PART VI, SECTION A, LINE 7A |
A MAJORITY VOTE BY THE PROPRIETARY MEMBERS (PROVIDED THAT AT LEAST HALF OF THE PROPRIETARY MEMBERS VOTE) WOULD BE NEEDED TO PASS ANY OF THE FOLLOWING PROPOSALS: BORROWING FUNDS IN EXCESS OF TWO MONTHS DUES INCOME OF THE CLUB; IMPOSITION OF CAPITAL ASSESSMENTS; RECALL OF A DIRECTOR; CHANGE TO THE AUTHORIZED NUMBER OF DIRECTORS; ALLOWING ANY DIRECTOR TO HOLD OFFICE BY DESIGNATION RATHER THAN BY ELECTION. |
FORM 990, PART VI, SECTION A, LINE 7B |
A MAJORITY VOTE BY THE PROPRIETARY MEMBERS (PROVIDED THAT AT LEAST HALF OF THE PROPRIETARY MEMBERS VOTE) WOULD BE NEEDED TO PASS ANY OF THE FOLLOWING PROPOSALS: BORROWING FUNDS IN EXCESS OF TWO MONTHS DUES INCOME OF THE CLUB; IMPOSITION OF CAPITAL ASSESSMENTS; RECALL OF A DIRECTOR; CHANGE TO THE AUTHORIZED NUMBER OF DIRECTORS; ALLOWING ANY DIRECTOR TO HOLD OFFICE BY DESIGNATION RATHER THAN BY ELECTION; INCREASING THE QUORUM FOR MEMBERS' MEETINGS; ANY ACTION THAT WOULD MATERIALLY AND ADVERSELY AFFECT THE RIGHTS OF THE MEMBERS. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OR THE APPOINTED SUB-COMMITTEE. THE COMMITTEE REVIEWS THE FORM 990 AND, IF APPROVED, IT IS THEN FORWARDED TO THE BOARD OF DIRECTORS WITH A RECOMMENDATION THAT THE RETURN BE SIGNED BY THE CLUB PRESIDENT OR OTHER DESIGNATED OFFICER. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE PROCESS FOR DETERMINING COMPENSATION FOR THE GENERAL MANAGER AND KEY EMPLOYEES INCLUDES REVIEW AND APPROVAL BY A COMMITTEE, USE OF COMPARABLE DATA, AND DOCUMENTATION OF THE DECISIONS REGARDING COMPENSATION. |
FORM 990, PART VI, SECTION C, LINE 18 |
UPON REQUEST |
FORM 990, PART VI, SECTION C, LINE 19 |
GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |