Ridge Country Club

“There are two classes of members, equity members and non-equity members. Equity members have the right to vote and would share in an allocation of company assets upon dissolution. Non-equity members have the right to vote; however, upon dissolution, they would not share in the allocation of company assets.”

“The club governed by a 12-person board that is limited to only those equity members who are in good standing with the club. The members of this board of directors are nominated by a committee of their peers and are submitted to the equity membership for vote via closed ballot at the annual general membership meeting. In the event a member of the board resigns mid-term, the president has the authority to appoint an interim member to hold the position until the subsequent general membership meeting.”

“The board of directors has the authority to govern the club pusuant to the club's by-laws and rules in all matters. The equity members by virtue of the established by-laws grant approval only for those issues pertaining to the following:-year-end congressional assessment-any significant capital assessments-any incoming members of the board of directors-approval of any proposed changes to the club's by-laws”

“The return is reviewed by the organization's treasurer. Before filing, a copy of the form 990 was provided to the governing body for review, questions and comments.”

“At the annual board meeting, officers must sign an affadavit stating that all possibe conflicts have been disclosed.”

“The compensation of the organization's ceo, executive director, or top management official as well as that of other officers or key employees is determined and approved by the board of directors. The organization uses comparisons of compensation within the area and also uses work experience as a basis to establish the compensation of key employees.”

“SAME AS ABOVE.”

“Form 990 is available to the public upon request.”