Owensboro Country Club

“The organization is organized as a stock corporation which issued 425 shares of stock.”

“All 425 shares of stock of the club have the privilege of voting rights for the election of the board of directors. However, not all 425 shares are outstanding. The club has purchased shares of stock from members who wished to terminate their membership. The voting rights only apply to those shares of stock that are outstanding (owned by members).”

“The stockholders of the club”

“There is no such committee in existence.”

“A draft copy of the tax return is completed by the paid preparer. The paid preparer provides a draft copy and a list of questions to the controller (currently tangela head). The following note is on the list of questions: "please review all information that is entered on this tax return. If there are any items that you don't understand or that you have a question on please bring these items to our attention." all questions asked by the paid preparer are answered and all items that are not understood or that there are questions on are discussed and settled. The paid preparer provides copies of the updated version of the draft copy to the entire board of directors. Any items that are not fully understood or that there is a question on are discussed and changes are made to the draft as appropriate. The board of directors vote to approve the form 990 as changed, if necessary.”

“The organization regularly and consistently monitors and enforces compliance with the written conflict of interest policy by”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. If any of these items are requested, a paper copy is provided to the person making the request.”

“Property taxes 45,628. Golf member guest 45,450. Repairs & maint 38,837. Laundry 23,228. Miscellaneous 20,356. Gas & oil 20,253. Fireworks 12,508. Uniforms 11,621. Club entertainment 11,543. Dues & subscriptions 10,919. Bad debt expense 9,169. Handicapp fee 8,551. Telephone 4,803. Printing 4,381. Continuing education 3,583. Membership promotion 2,762. Postage & freight 2,699. Rent expense 2,206. Swim team 1,973. Licenses & permits 1,918. Trackman 1,166. Junior golf 1,018. Back ground checks 340. Bank fees 5.”