Benevolent and Paternal Order of Elks 845

“THE LODGE HAS MEMBERS”

“The daily and operating activities of the organization are overseen by the board of trustees. In the organizational documentation, there are profedures that must have member approval after an information period.”

“The governing body, the board of trustees on a basis of more than operational decisions are passed through the lodge floor and voted on with a passing or rejection vote. Based on the member vote outcome the board of trustee institutes the decisions.”

“The governing body of the lodge and the board of trustees reviews monthly financial statements of lodge operations that are prepared by a third party accountant. Any corrections are completed on a monthly basis. The tax return is prepared at fiscal year end and given along with the fiscal year end financial statements to the financial committee and the treasurer for review. Once the tax return is reviewed by the governing body and board of trustees, the tax return is filed.”

“The lodge has manager on duty as the only full time employee. This job was offered at a locally competitive salary determined by the board of trustees.the lodge has a secretary and treasurer that are paid positions with a monthly salary.”

“All governing documents are available to public upon request.”

“Prior tax preparer did not include the cash equivilant asset or the unrestricted equity carry forward from the gambling activity on the 990, instead only included the net profit of the 990-t activity. Going foward all activity will be including in the 990 and well as reconciling the 990-t.”

“Corporate memberships, er expenses, janitoral expenses, music and entertainment, newsletter expenses, bank charges, license and permits, equipment leasing, laundry and linen, membership appreciation, miscellaneous services, repairs and maintenance expenes, bar and kitchen supplies, uniforms, cash short”