TY 2021 Form 990 Schedule O

efile Public Visual Render ObjectId: 202320469349303252 - Submission: 2023-02-15 TIN: 36-1956470

SCHEDULE O
(Form 990)

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.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

WESTMORELAND COUNTRY CLUB

Employer identification number

36-1956470

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THERE ARE TWO CLASSES OF MEMBERS, EQUITY MEMBERS AND NON-EQUITY MEMBERS. EQUITY MEMBERS HAVE THE RIGHT TO VOTE, ARE ENTITLED TO A REFUND OF EQUITY UPON REGISTRATION, AND WOULD SHARE IN THE ALLOCATION OF COMPANY ASSETS UPON DISSOLUTION. NON-EQUITY MEMBERS DO NOT HAVE THE RIGHT TO VOTE, DO NOT RECEIVE A REFUND OF EQUITY UPON REGISTRATION, AND DO NOT SHARE IN THE LIQUIDATION PROCEEDS.
FORM 990, PART VI, SECTION A, LINE 7A	THE CLUB IS GOVERNED BY AN ELEVEN PERSON BOARD OF DIRECTORS WHICH IS LIMITED TO ONLY THOSE EQUITY MEMBERS WHO ARE IN GOOD STANDING WITH THE CLUB. THE MEMBERS OF THIS BOARD OF DIRECTORS ARE NOMINATED BY A COMMITTEE OF THEIR PEERS AND ARE SUBMITTED TO THE EQUITY MEMBERSHIP FOR VOTE VIA CLOSED BALLOT AT THE ANNUAL GENERAL MEMBERSHIP MEETING. IN THE EVENT A MEMBER OF THE BOARD RESIGNS MID-TERM, THE PRESIDENT HAS THE AUTHORITY TO APPOINT AN INTERIM MEMBER TO HOLD THE POSITION UNTIL THE SUBSEQUENT GENERAL MEMBERSHIP MEETING.
FORM 990, PART VI, SECTION A, LINE 7B	THE BOARD OF DIRECTORS HAS THE AUTHORITY TO GOVERN THE CLUB PURSUANT TO THE CLUB'S BY-LAWS AND RULES IN ALL MATTERS. THE EQUITY MEMBERS BY VIRTUE OF THE ESTABLISHED BY-LAWS GRANT APPROVAL ONLY FOR THOSE ISSUES PERTAINING TO THE FOLLOWING: - YEAR END CONGRESSIONAL ASSESSMENT - ANY SIGNIFICANT CAPITAL ASSESSMENT - ANY INCOMING MEMBERS OF THE BOARD OF DIRECTORS - APPROVAL FOR ANY PROPOSED CHANGES TO THE CLUB'S BY-LAWS
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	THE TREASURER REVIEWS THE TAX RETURN WITH THE CONTROLLER, FINANCE COMMITTEE, AND THE BOARD OF DIRECTORS BEFORE SIGNING AND FILING.
FORM 990, PART VI, SECTION B, LINE 12C	IF THERE IS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD USES A COMPENSATION SURVEY OR STUDY TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER. THE GENERAL MANAGER'S COMPENSATIN IS THEN APPROVED BY THE BOARD. THE GENERAL MANAGER DETERMINES THE STAFF'S COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	A PRIVATE MEMBER CLUB IS NOT REQUIRED TO MAKE GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990 IS AVALIABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	INTEREST RATE SWAP 333,083.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 6

THERE ARE TWO CLASSES OF MEMBERS, EQUITY MEMBERS AND NON-EQUITY MEMBERS. EQUITY MEMBERS HAVE THE RIGHT TO VOTE, ARE ENTITLED TO A REFUND OF EQUITY UPON REGISTRATION, AND WOULD SHARE IN THE ALLOCATION OF COMPANY ASSETS UPON DISSOLUTION. NON-EQUITY MEMBERS DO NOT HAVE THE RIGHT TO VOTE, DO NOT RECEIVE A REFUND OF EQUITY UPON REGISTRATION, AND DO NOT SHARE IN THE LIQUIDATION PROCEEDS.

FORM 990, PART VI, SECTION A, LINE 7A

THE CLUB IS GOVERNED BY AN ELEVEN PERSON BOARD OF DIRECTORS WHICH IS LIMITED TO ONLY THOSE EQUITY MEMBERS WHO ARE IN GOOD STANDING WITH THE CLUB. THE MEMBERS OF THIS BOARD OF DIRECTORS ARE NOMINATED BY A COMMITTEE OF THEIR PEERS AND ARE SUBMITTED TO THE EQUITY MEMBERSHIP FOR VOTE VIA CLOSED BALLOT AT THE ANNUAL GENERAL MEMBERSHIP MEETING. IN THE EVENT A MEMBER OF THE BOARD RESIGNS MID-TERM, THE PRESIDENT HAS THE AUTHORITY TO APPOINT AN INTERIM MEMBER TO HOLD THE POSITION UNTIL THE SUBSEQUENT GENERAL MEMBERSHIP MEETING.

FORM 990, PART VI, SECTION A, LINE 7B

THE BOARD OF DIRECTORS HAS THE AUTHORITY TO GOVERN THE CLUB PURSUANT TO THE CLUB'S BY-LAWS AND RULES IN ALL MATTERS. THE EQUITY MEMBERS BY VIRTUE OF THE ESTABLISHED BY-LAWS GRANT APPROVAL ONLY FOR THOSE ISSUES PERTAINING TO THE FOLLOWING: - YEAR END CONGRESSIONAL ASSESSMENT - ANY SIGNIFICANT CAPITAL ASSESSMENT - ANY INCOMING MEMBERS OF THE BOARD OF DIRECTORS - APPROVAL FOR ANY PROPOSED CHANGES TO THE CLUB'S BY-LAWS

FORM 990, PART VI, SECTION A, LINE 8B

THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.

FORM 990, PART VI, SECTION B, LINE 11B

THE TREASURER REVIEWS THE TAX RETURN WITH THE CONTROLLER, FINANCE COMMITTEE, AND THE BOARD OF DIRECTORS BEFORE SIGNING AND FILING.

FORM 990, PART VI, SECTION B, LINE 12C

IF THERE IS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE CONFLICT.

FORM 990, PART VI, SECTION B, LINE 15

THE BOARD USES A COMPENSATION SURVEY OR STUDY TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER. THE GENERAL MANAGER'S COMPENSATIN IS THEN APPROVED BY THE BOARD. THE GENERAL MANAGER DETERMINES THE STAFF'S COMPENSATION.

FORM 990, PART VI, SECTION C, LINE 19

A PRIVATE MEMBER CLUB IS NOT REQUIRED TO MAKE GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990 IS AVALIABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART XI, LINE 9:

INTEREST RATE SWAP 333,083.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

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