Golf Club of Purchase Inc

“The organization uses an outside management company, insperity, inc., a professional employer organization ("peo") as a co-employer. All individuals listed in part vii are paid by the peo. Their calendar year 2022 compensation is reported in part vii, section a. In 2022, the organization paid $105,341 in management fees.”

“The golf club of purchase is a private recreational golf club exclusively for the pleasure and recreation of its members, their families and guests. The club is funded by member dues, fees and charges to the membership for the use of the facilities. The membership of the club shall consist of 250 regular members, 100 international and 100 national members.”

“The nominating committee shall recommend, at least thirty days prior to the members annual meeting, the names of the members selected by a majority vote of the nominating committee to be submitted to the members of the club at any annual meeting at which an election to the board is held. Ten percent (10%) or more of the total number of members entitled to vote who are not members of the nominating committee or the board of directors may also nominate candidates for the board of directors by petition signed by these members and filed with the secretary of the club at least thirty (30) days prior to the members' annual meeting. The names of these nominees, after having been certified by the secretary of the club or any other officer that they qualified for election and have been nominated in accordance with the provisions of these by-laws, shall be posted on the official bulletin board at the clubhouse and shall be included on any proxy mailing to members of the club.”

“The golf club of purchase, inc. Has its form 990 prepared by an outside accounting firm and it is reviewed by management and submitted electronically or by hand, to members of the club's governing body for any comments prior to its submission to the irs.”

“The golf club of purchase, inc. Currently has in place a conflict of interest policy which it annually monitors and enforces. All members of management and the governing body annually sign a conflict of interest statement and disclose any potential or actual conflicts that may exist. If a conflict of interest exists, the governing body will openly review the situation and address the conflict. Any member of the board who is involved with the conflict may not participate on the board until the conflict is resolved. The board will take a vote on how to resolve the conflict and once it has been resolved, that board member may be allowed to return to their position.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, and governing documents are also available upon request.”

“Net change in certificates 1,864,614.”