River Crest Country Club

“The organization has 1,225 members as of December 31, 2019, of which 768 are stockholders.”

“The stockholders of the organization elect members of the governing body each year at the annual stockholders' meeting.”

“The general manager notes all items requiring action and follows up to ensure these are completed.”

“The Form 990 was provided to the governing body for their review prior to filing the return.”

“All conflicts are disclosed to the General Manager and Assistant Secretary of the organization. The General Manager then discloses to the Board of Directors. For the current year, there were no conflicts of interest reported.”

“The Human Resource Committee of the Board of Directors facilitates the annual review of the General Manager. The Annual Review is conducted by the Board of Directors, and the compensation recommendations are determined by the Board. The Board uses comparable compensation data in its determination of manager compensation, and all files related to the review are maintained by the Club's Human Resource Director.”

“Bylaws are available on the website, and each member receives a written copy of the bylaws upon joining. The conflict of interest policy is published in the employee handbook and is available to the Board of Directors. The financial statements are available on the website, and each member receives a written copy of the financial statements.”

“The $4,111,888 is due to change in ownership equity from 2018. (4,930,151) Adoption of ASC 606 818,563 New Memberships 600 Coverted capital (900) Terminated Memberships ------------ $(4,111,888) Current year change in net assets”

“Description:employee relations total expenses:92872”

“Description:repairs and maintenance total expenses:188829”

“Description:newsletter total expenses:49375”

“Description:income tax expense total expenses:32667”

“Description:flowers & decorations total expenses:26846”

“Description:all other expenses total expenses:158290”