| FORM 990, PART VI, SECTION A, LINE 6 |
THE CLUB IS A PRIVATE, MEMBER OWNED SOCIAL CLUB. |
| FORM 990, PART VI, SECTION A, LINE 7A |
THE BOARD OF DIRECTORS IS ELECTED BY ACTIVE MEMBERS WITH AN EQUITY CERTIFICATE. |
| FORM 990, PART VI, SECTION A, LINE 7B |
THE BYLAWS MAY REQUIRE CERTAIN DECISIONS TO BE APPROVED BY A VOTE OF THE MEMBERSHIP. CHANGES MADE TO THE ARTICLES OF INCORPORATION, ADDING OR REMOVING BOARD MEMBERS, SALES OF PROPERTY, MORTGAGE OF REAL PROPERTY, OR ANY PURCHASES OVER 10% OF GROSS REVENUE ARE SUBJECT TO MEMBERSHIP APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE ORGANIZATION'S CONTROLLER, TREASURER, COMMODORE, VICE COMMODORE, AND REAR COMMODORE REVIEW THE FORM 990 BEFORE IT IS FILED. THEREAFTER AN EXACT COPY OF FORM 990, THAT WILL BE FILED WITH THE INTERNAL REVENUE SERVICE, IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD FOR THEIR REVIEW AND APPROVAL FOR FILING. |
| FORM 990, PART VI, SECTION B, LINE 15 |
GENERAL MANAGER COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE. GENERAL MANAGER REVIEWS AND APPROVES ALL OTHER COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 |
GOVERNING DOCUMENTS ARE AVAILABLE ON THE CLUB'S WEBSITE. UPON REQUEST OF THE MEMBERS, FINANCIAL STATEMENTS ARE MADE AVAILABLE; THIS IS A PRIVATE ORGANIZATION, THUS FINANCIAL STATEMENT DOCUMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. |
| FORM 990, PART XI, LINE 9: |
REDEMPTION OF MEMBERSHIP CERTIFICATES, NET 6,500. |
Attach to Form 990 or 990-EZ.