The Riomar Country Club

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

“The following member categories have voting privileges: regular member (stockholder).”

“By-law changes must be approved by a majority vote of the stockholders. Stockholder approval is required to sell, lease, mortgage, or otherwise dispose of the real estate of the club.”

“Before the returns are filed, they are reviewed by the board president, board treasurer, finance committee, general manager, and the chief financial officer.”

“Officers, directors or trustees, and key employees are required to sign a conflict of interest policy and disclosure form requiring the reporting of any facts and circumstances relating to conflicts of interest.”

“Compensation and raises for all employees are discussed at a compensation committee meeting. The florida private club and benefits survey is used as a guide for all positions. A recommendation is then made to the board of directors who approves the total package.”

“Compensation and raises for all employees are discussed at a compensation committee meeting. The florida private club and benefits survey is used as a guide for all positions. A recommendation is then made to the board of directors who approves the total budget package.”

“Governing documents are available on the club website. Governing documents, the conflict of interest policy and financial statements are available to the public upon request. Audited financial statements are provided to members annually.”

“Service contracts 147,728 0 0 cogs 135,859 0 0 casual labor 74,314 0 0 restaurant supplies 65,819 0 0 all other 59,586 0 0 party and event expense 55,995 0 0 golf cart lease 46,262 0 0 club sponsored expense 38,261 0 0 operating supplies 31,802 0 0 service contracts 30,173 0 0 licenses and fees 23,386 0 0 laundry 22,307 0 0 leased equipment-golf cou 21,359 0 0 fuel and oil 20,997 0 0 member services 19,903 0 0 golf expenses 19,829 0 0 operating supplies 18,428 0 0 other pro expenses 15,071 0 0 service contracts 13,016 0 0 dues and subscriptions 4,867 0 0 club subsidized events 3,843 0 0 3,538 0 0 credit book clearing 3,393 0 0 dues and subscriptions 3,359 0 0 entertainment 2,650 0 0 licenses and fee 2,633 0 0 income tax 2,008 0 0 total 886,386 0 0”

“Capital charges 714,483 membership contributions 3,375,000 membership redemptions -1,700 total 4,087,783”