Midlothian Country Club

“There are 2 classes of members: equity members and non-equity members. Equity members have the right to vote, are entitled to a refund of equity upon resignation, and would share in the allocation of assets upon dissolution. Non-equity members have the right to vote, but would not receive a refund of equity upon resignation, and do not share in the liquidation proceeds.”

“Members vote annually to elect three board members to three-year terms and four officers to one-year terms. If someone on the board leaves or vacates their position, the board members have the right to appoint an equity member to the board. However, this person must be in good standing with the club. The board members shall elect equity members to fill vacancies in the board to serve until the next annual meeting of the club.”

“Membership approves personal property acquisitions or disposals over $15,000; incurrence or disposal of debt; real estate acquisitions, sales or transfers; and new programs or projects exceeding an expenditure of $15,000 in excess of approved budget; and method of membership voting.”

“The return is prepared by the organization's public accounting firm, and is reviewed by the organization's treasurer and controller prior to filing. The club president or treasurer is authorized to sign the return.”

“The organization monitors and enforces compliance of its conflict of interest policy annually through reviews with management.”

“Compensation of top management executives and key employees is determined and approved by the board of directors and is documented through contracts.”

“Department heads recommend compensation increases. The controller gathers wage recommendations from all departments and submits to the executive committee for approval. Compensation of key employees is determined and approved by the board of directors, and is documented through contracts. Board officers are not compensated.”

“No documents available to the public.”