Cattail Creek Country Club

“Cattail creek country club was incorporated as a member-owned club.”

“Cattail creek is a member-owned club. At each annual meeting of the members, directors shall be elected for regular terms of 3 years each to replace directors whose terms expire as of such meeting, each such term to commence immediately upon election at the annual meeting.”

“The board of directors shall have the exclusive right and duty to determine all amounts to be paid as initiation fees, dues, and special assessments, and the terms of payment of same, provided however that dues cannot be increased by more than twenty five percent (25%) or a special assessment in excess of one thousand dollars ($1,000.00) made without the affirmative vote of two-thirds (2/3) of the votes cast at the annual meeting or a duly called special meeting.”

“The board is given a copy of the form 990 prior to filing with the irs.”

“Member of the board was intimately involved in the compensation discussions and ultimately made the final decision regarding the compensation for the club's top management official. Member of the board was intimately involved in the compensation discussions and ultimately made the final decision regarding the compensation for the club's other key employees. No member of the board shall receive any salary or other compensation for services rendered as a member of the board. In addition, no part of the club's net earnings will inure to the benefit of any member.”

“Cattail creek country club is a member-owned club. We do not make our governing documents, conflicts of interest policy, or finanical statements available to the public. We do post our governing documents on our website which then are available for members to see. We do review our financial statements at our annual meeting for members to see and ask questions.”

“Previously recognized employee retention credit received in 2023 new bond payments adjustment -54,500.”