Athens Country Club Inc

“The club is a private member-owned club that is owned and operated for the pleasure and recreation of its members.”

“The following membership categories have voting privileges: stock members (holders of certificates of beneficial interest) are the only membership category that is entitled to participate in the election of board members.”

“Club borrowings in excess of $250,000, membership assessments in excess of $750,000 in a consecutive 3-year period, or an increase in membership dues by more than 5% in a single year all require the approval of the members eligible to vote.”

“Form 990 and the related schedules are reviewed by the club controller along with the club's outside cpa preparers. After review by the club controller, a copy of the return is provided to all 9 board members for their review. The club controller and the board members review form 990 in its entirety, prior to the filing of the form.”

“The club manager or controller will alert the board if there is a potential situation in which a conflict of interest may arise.”

“The general manager's compensation is determined by an executive committee that is made up of the current board president, vice president, secretary and occasionally former pesidents. The committee reviews and establishes goals and criteria for the gm to meet in the upcoming year. The committee will base compensation on the gm's performance and his/her ability to meet the established goals and objectives set from the prior year. In addition, comparable compensations from other clubs' gms are used. The gm has the authority to determine compensation for all department heads.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“The club provides copies of form 990 and form 1024 upon request.”

“Tennis 203,224. Clubrooms 176,040. Food & beverage 169,949. Real estate taxes 150,594. Repairs & maintenance 102,951. Pool 25,097.”

“No change from prior year.”