Donaldson Run Recreation Association Inc

“All members of the governing body have an equal vote on business matters.”

“Non-stock corporation. All 650 members have equal voting rights single-class.”

“Voting members may attend the annual membership meeting and exercise their vote on business matters including proposed bylaw changes proposed capital expenditures and the annual operating budget. Voting members elect the governing board annually.|”

“Annually members elect the governing body Officers and Board of Directors approve the annual budget approve significant capital expenditures and approve proposed changes to the corporate bylaws. Each of the 650 voting members has an equal vote exercised at the annual membership meeting.| Pool Manager: The Board of Directors delegates day-to-day pool management to a professional pool manager supervised by the Associations President. All non-routine decisions require approval by the Officers or full Board of Directors. The pool Manager is a W2 employee. The President and Board of Directors are elected by the voting members at the annual membership meeting.”

“The signing officer reviews the Form 990 prior to filing. The signing officer is the Treasurer or Assistant Treasurer as they are the ones that understand the return. Copies of Form 990 are given to the officers.”

“Pool Manager: Board members review the pool managers performance update job description and set goals. Board members review compensation guidelines for all employees on an annual basis.”

“Documents are available upon request.”

“| Description:, Explanation:, Amount:| An adjustment of $28,154 reflects changes between the higher fees paid by new incoming members and fees refunded to outgoing members., Part XI Line 9: Other changes in net assets or fund balance, $28154|”