Middlesex County Womans Club Inc

“Members of the Middlesex County Woman's Club pay annual dues and are subject to the bylaws of the Club and are eligible thereby to vote on officers to serve on the Board.”

“Dues paying members elect Officers at annual meeting.”

“The Board reviews the Form 990 and concurs, requests elaboration or explanation, or raises necessary changes to be made ahead of the form being filed.”

“Upon request, copies of the return are made available to the public. Guidestar and other public internet portals publish the results of the filed Form 990 and so this information is available to the general public at large.”

“No documents available to the public.”

“Addition to Restrictions = $4477”

“Release from Restrictions = -$1069”

“The Historic Court Building is carried on the books at an updated assessed value which is not reviewed periodically and may not be a reflection of FMV. However, it is a permanently restricted asset to the taxpayer. The preservation of the 1748 Courthouse Building and maintentance of it is the core mission. Capital improvements to improve or restore are depreciated, but the building itself is not. It is the museum collection, so to speak, of indeterminate value, assessed at $243,500 by the County of Middlesex, $60,000 for land and $183,500 for the building. The taxpayer mission to continue the preservation and upkeep of the historical building is a condition ofownership. Whatever the value recorded on the books, the permanent restriction would match that value. If MCWC loses its ability to fund the maintenance or upkeep, ownership of the building reverts to the previous owner.The Middlesex County Woman's Club operations predate the formal recognition by the State of Virginia and the IRS exemption recognition.”