Oak Hills Inc

“The organization has an agreement with landscapes golf group to advise and consult on the management and operations. During the term of the agreement, the management company supervises, manages, directs and operates the club, in conjunction with and as the supervisor of the employees of the owner relating to the operations of the club. This includes, overall responsibility for collection and disbursement of all monies, negotiation of leases and contracts, promotion and management of the club, purchase and sale of merchandise, supplies and services, purchase and maintenance of insurance coverage (in the name of, and on behalf of, the owner), handling disputes with third parties, collection and payment of all appropriate taxes, and performance of all other day-to-day activities relative to the club.”

“Each member who contributes the required capital amount and who otherwise qualifies for membership will be issued a membership certificate which is freely transferable upon satisfaction of the terms and conditions for transfer contained in the by-laws. No dividends or other distributions will be made to any members of the non-profit corporation.”

“According to article iv of the articles of incorporation: a. In all elections for directors of the board of directors of this corporation, every member of this corporation shall have the right to cumulate his vote and give one candidate a number of votes equal to his vote multiplied by the number of directors to be elected, or by distributing such votes on the same principle among any number of such candidates. B. Every director of the board of directors of this corporation shall be a member of this corporation. C. Every director of the board of directors of this corporation may be removed from office pursuant to such procedures as may be prescribed, from time to time, in the bylaws of this corporation. D. No person shall become a member of the corporation without having made such capital contribution as shall be required from time to time by the board of directors of the corporation. E. Certificates of membership in this corporation shall be freely transferrable upon compliance with the terms and conditions therefore as may be prescribed from time to time in the bylaws of this corporation.”

“Members of the governing body review the tax return prior to filing.”

“Although the organization does not have a formal conflict of interest policy in place, the board of directors are in the process of adopting one.”

“The organization makes its form 1023, 990 and 990-t available to the public upon request at the main office.”

“The organization makes its governing documents and financial statements available to the public upon request at the main office.”

“The organization does not have a process for determining the compensation of management as the top management officials are not compensated by the organization.”

“Although the organization has not formally adopted a written document retention and destruction policy, the organization has a functional policy through the management company which manages operations.”