Prospect Park Track Club Inc.

“As of April 2024, the Prospect Park Track club had 2,359 active members in good standing.”

“All Prospect Park Track Club members in good standing at the time annual elections are conducted may vote for candidates running for positions on the Board of Directors and Officers.”

“Prospect Park Track Club members are entitled to oversight of governing decisions by calling a special meeting of Members. A Special Meeting may be called at any time on the petition of 10 percent of the total number of members in good standing and entitled to vote. Such petition shall state the date, time and purpose of such meeting and be submitted to the Board, which shall cause the notice of such meeting to be communicated to all members.”

“The Treasurer maintains an electronic copy of the Form 990 filing in the official files. Officers and Directors are provided with a copy of the submitted Form 990. The Form 990 submission is available to any PPTC member upon request.”

“Officers and Directors annually file Conflict of Interest forms with the Club Secretary. The Secretary will notify other members of the Board of any situations that may affect the governance of the Club. The Board is responsible for addressing all Conflict of Interest issues.”

“Governing documents and other policies are available to the public on the PPTC website. Meeting minutes and other financial documents are available to PPTC members on the PPTC website. Other documents are available upon request.”

“Program services: Speed workout coaching, $5,000; Strength training, $3,300; Race course measurement and certification, $2,150. Management services: Diversity consulting, $3,700; DEI assessment, $2,500.”

“To better conform with Generally Accepted Accounting Principles, PPTC has converted from strictly cash accounting. Clothing inventory is established as an asset. Cost of Goods Sold is based on actual inventory sales.”