Laredo Country Club Inc

“Laredo country club, inc has various classes of memberships as has been designated by the board of governors. The designations of each class are as follows: regular membership: is a voting member - shall be persons at least 21 years of age corporate membership: is a voting memeber - shall be legal entities recognized by law. The corporation must elect a designated user to the account. Junior membership: is a voting member - shall be persons between the ages of twenty-one and thirty six years of age. A junior member at the age of 36 must upgrade to a regular member by paying an upgrade fee and must pay the corresponding dues under a full regular membership. Non-resident membership: shall be persons at least 21 years of age whose principal residence and place of business are thirty-five miles or more distant from laredo. Social member: are entitled to the full use of all club facilities except the golf facilities. Anyone applying for membership to the club under any of the classes listed above must be elected to the membership by the board of governors in accordance with the rules and regulations promulgated by the board of governors. All the classes listed have full use of the club that includeds dining, tennis, use of the pool and the golf course except for social members who don't have access to the golf course.”

“Voting members elect the board of governors that consist of 15 club members. The terms in office are three years and are staggered so that 5 slots must be filled every year. As noted above anyone who is considered a regular, corporate or junior member carries the rights to vote in the election of these new board members.”

“Form 990 is prepared by a cpa firm with on-going consultation and review with the entity's controller.”

“No documents available to the public”

“Taxes - property 0 208,785 0 equipment rental 0 140,869 0 miscellaneous expense 0 126,123 0 fertilizer/soil treatment 0 120,694 0 laundry & linen 0 116,205 0 chemicals 0 103,437 0 membership buyback 0 84,000 0 gas & oil 0 76,034 0 liquor taxes 0 66,705 0 repairs & maint buildings 0 56,743 0 music 0 50,427 0 plants & decorations 0 46,638 0 uniforms 0 45,687 0 office supplies 0 44,833 0 dues & subscriptions 0 39,881 0 consulting fees 0 38,864 0 waste disposal 0 33,360 0 silver, china & glass 0 24,000 0 credit card commissions 0 21,715 0 postage & shipping 0 21,461 0 telephone 0 21,111 0 trophies, flags & tee equ 0 20,823 0 utensils, menus & smwares 0 19,976 0 small tools 0 18,286 0 employee misc exp 0 18,058 0 bad debts 0 17,432 0 commissions 0 16,664 0 tournament expense 0 9,702 0 licenses 0 5,750 0 security 0 5,743 0 auto & truck expense 0 4,297 0 bank charges 0 3,364 0 total 0 1,627,667 0”

“Assessments income 4,061,250”