FORM 990, PART VI, SECTION A, LINE 6 |
THE SHELTER ISLAND YACHT CLUB (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. |
FORM 990, PART VI, SECTION A, LINE 7A |
THE NOMINATING COMMITTEE SUBMITS A SLATE OF INDIVIDUALS TO THE BOARD FOR THE POSITIONS OF FLAG OFFICERS, TREASURER, SECRETARY, TRUSTEES WHICH SHALL BE ELECTED AT THE ANNUAL MEETING. |
FORM 990, PART VI, SECTION A, LINE 7B |
IF BOARD OF TRUSTEES WISH TO INCUR DEBT IN EXCESS OF 20% OF PRIOR YEAR'S DUES INCOME, THEY MUST HAVE MEMBERSHIP APPROVAL BY 2/3 VOTE. SIMILARLY, IF THE BOARD OF TRUSTEES WISH TO INCUR CAPITAL EXPENDITURES IN EXCESS OF 20% OF PRIOR YEAR'S DUES INCOME, THEY MUST HAVE MEMBERSHIP APPROVAL OF 2/3 VOTE. |
FORM 990, PART VI, SECTION A, LINE 8B |
NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 15 |
COMPARABILITY DATA IS REVIEWED BY ALL OFFICERS INVOLVED IN THE DECISION MAKING PROCESS. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. |