Mendham Golf and Tennis Club

“Organization has six classes of members: senior, associate, non-resident, honorary, sustaining and house.”

“Governors are elected at the annual meeting. Officers of the board are also elected by ballot at the annual meeting.”

“The proposed annual budgets are adopted each year by a majority vote which requires 50 members present and a majority of the members of the board. The club shall not oblige itself to exceed limits in excess of 50,000 for a single item that has not been included in the annual capital budget. Capital expenditures that exceed the approved budget by 10% and in excess of 5,000 require board approval. Capital expenditures in excess of 25,000 that exceed the approved budget by 10% require board approval and a written explanation to the membership.”

“A draft copy of the form 990 was provided to the president of the board of governors and the chairman of the audit committee prior to filing for review and comment.”

“All contractual relationships with any club member require board approval regardless of the dollar amount involved. The board will review the necessity for a broader scope for its conflict of interest policy.”

“Committee recommendations for the managment salaries are reviewed by the executive board before presentation to the board for final approval. The committees utilize comparative data when preparing their recommendations.”

“By-laws and governing documents are available on the website and at the club office upon request.”

“Utitlities 0 98,220 0 miscellaneous-grounds mai 95,181 0 0 repairs 67,009 0 0 interest 48,646 0 0 lease expense- carts 40,719 0 0 committee operations 0 36,525 0 miscellaneous 14,209 0 0 range equipment 9,682 0 0 pro shop exp 8,333 0 0”