Edgewater Yacht Club Inc

“Eyc has seven classes of membership including active, corporate, life, non-resident, sustaining, honorary, and social members.”

“Active members, corporate members, and those with a life membership hold the right to vote, accrual seniority, the right to hold office, and interest in and to the property and assets of the club. Non-resident members, sustaining members, honorary members and social members; however, do not have the rights to vote or hold any position of office.”

“Active members, corporate members, and those with a life membership hold the right to vote, accrual seniority, the right to hold office, and interest in and to the property and assets of the club. Non-resident members, sustaining members, honorary members and social members; however, do not have the rights to vote or hold any position of office.”

“A draft of the 990 is reviewed with the general manager, finance committee, and treasurer. Any questions and comments are addressed and a copy of the 990 is made available to the entire board.”

“Any officer, trustee, employee, or committee member having an interest in any transaction with the club must give notice and refrain from discussing or voting on that transaction. Also any transaction or service to the club involving payment of more than $100 per year to a club official or business in which that person has an interest must be voted on by the eyc board of trustees. This policy is brought to the attention of the board at the beginning of the year and after that no follow-up is taken, it is on the honor system.”

“The general manager's compensation is determined by the trustees and is reviewed annually by a compensation committee that is set by the commodore. All other managers/employees' compensation is set by the general manager and is up for review annually.”

“The organization makes its current governing documents, conflict of interest policy, or financial statements available to the public upon request.”