Lake Lanier Sailing Club Inc

“Lake lanier sailing club has members that volunteer on site and help with events.”

“The governing body of lake lanier sailing club is elected by the members.”

“Financial decisions of 50,000 or more are subject to a vote at the club's annual meeting or at a specially called meeting to vote on the specific expenditure.”

“The form 990 is made available to the officers and board prior to filing. Access is provided electronically. The form is reviewed in detail and approved by the treasurer and the chair of the finance comittee prior to being signed and filed.”

“The conflict of interest policy is posted to the club's website and is available to all members for review. The policy is noted and compliance requirements are all explained to all new officers and board members at the first meeting of the year.”

“All club officers and board members are volunteers and serve without any compensation.”

“The club's policies, including the conflict of interest policy, the whistleblower policy and the records retention policy, are all available to members on the club's website. Summary financial information is made available to members monthly on the club website. Copies of the annual form 990 are made available upon request.”

“All officers and board members serve without compensation. They are reimbursed for any costs incurred on behalf of the club, subject to the club's receipt of appropriate documentation and a written request of reimbursement. The club has two "key employees" - a property manager and a waterfront director. The officers monitor each employee's compensation and all compensation is approved by the officers and board each year.”

“Lake lanier sailing club is a 100% volunteer organization. The club has approximately 240 regular members and all of them volunteer in various capacities to support the work of the club.”

“CALCULATED AMOUNT”

“Book / tax depreciation difference 49,200 other net change in unrestricted net assets -9,817 total 39,383”