Bobst Mountain Hunting Club

“The organization has full members and probationary members only. Once the admittance of a new member has begun they have a two year probationary period before they are made a full member. New members need at least a 75% position vote to be initiated.”

“The active membership has an annual meeting. At this meeting any officer positions needing to be filed have nominee(s) presented. If multiple members are interested in a position, it is decided by a vote. Otherwise, the proposed board is to be presented for a motion to approve by the nominating committee chairman.”

“The organization has several committees to share the clubs responsibilities and management amongst it's members. When the chairman positions need to be filled for these committees a member is presented for nomination and approved by the membership at the annual meeting.”

“At the annual meeting all of the activity for the previous year and plans for the immediate and future years is reviewed and thoroughly documented in meeting minutes.”

“Any updates, proposals and decisions for the committee activities and management are discussed at the annual meeting and documented in the annual meeting minutes. If the committees need to meet during the year they document the meeting with interium minutes. If the decisions to be made are significant they can call for a special membership meeting.”

“The treasurer is responsible for filing the annual tax return. Once it is complete, they authorize it's electronic filing. It is available to anyone by request. It is presented to the membership at the 1st meeting after the return is completed.”

“The organization requires its membership to present any potential conflicts of interest at its annual meeting. The members are forbidden to enter into a contract for services with the organization in an effort to minimize or avoid any conflicts.”

“The organization has no paid employees, officers or chair postions.”

“Since the organization only has the hunting cabin & clubhouse for facilities, the governing documents and financial information is kept in safe keeping by & with the officers. Anyone that wishes to see any publicly available information must submit a request in writing to an officer. At that time, arrangements will be made for the requesting individual or company to see a copy of the documentation.”

“THE ORGANIZATION ELECTS TO MAKE THE DE MINIMIS SAFE HARBOR ELECTION UNDER THE REGULATION 1.263(a)-1(f)”

“BOBST MOUNTAIN HUNTING CLUB hereby adopts for book and Federal income tax purposes the following policy regarding capitalization expenses for the year beginning January 1, 2022. In accordance with Internal Revenue Code Sections 167 and 168 and related Regulations BOBST MOUNTAIN HUNTING CLUB has determined that amounts whose individual cost (including tax, installation and delivery costs) does not exceed $2500 will be deducted as incurred as operating expense. Amounts exceeding this dollar limit will be examined individually to determine if their use or purpose requires capitalization under the betterment, adaptation or restoration rules used by the Internal Revenue Service and will be capitalized or expensed as incurred as a result of the application of those rules.”

“Member banquet 13627. 13627. 0. 0.”

“INVESTMENT MGMT FEES”

“FORIEGN TAX PAID”

“Property maintanence 5634. 5634. 0. 0.”

“Utilities 8009. 8009. 0. 0.”

“Real estate taxes 12879. 12879. 0. 0.”

“Habitat supplies 6150. 6150. 0. 0.”

“Small tools & equip 849. 849. 0. 0.”