Indian Spring Country Club Inc

“Those who join become members of the club.”

“Members vote in elections.”

“Certain decisions, in accordance with the by-laws, are subject to member approval.”

“The president reviews and signs the form 990.”

“The organization monitors the conflict of interest policy by performing periodic reviews which include: a) verifying whether compensation arrangments and benefits are reasonable, based on competent survey information and the result of arm's lenght bargaining. B) verifying whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect resaonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“The executive board members (officers) review and determine compensation, including salary and bonus, for the general manager and department heads.”

“The executive directors evaluate each employee's performance individually and determine the employee's compensation.”

“The governing documents, conflict of interest policy, and financial statements are not made available to the public. All equity members are given the by-laws when they join and there is an annual meeting where the financials are reviewed and a copy is made available at that time to the members.”

“Indian spring country club, inc is a member-owned private club, incorporated as a "corporation not-for-profit" under the laws of the state of florida. The sole purpose of the club is to own and operate the indian spring country club facilities for the pleasure and recreation of its members, their guests, and other permitted users. The club provides dining, golf, tennis, and other athletic facilities for its members.”

“Indian spring country club sold the club assets (golf course and clubhouse) to concert indian spring,llc on june 1, 2017.”

“The country club operates for the pleasure and recreation of its members.”

“Cost of goods sold 0 cost of goods sold 0 book / tax depreciation difference 229,773 capital assessments 0 net change in equity memberships 0 net change in member equity - sale of club -19,227,151 total -18,997,378”