Dallas Tennis Association

“Membership in the association shall be available to all persons interested in the purposes and activities of the association. Any individual may become a member of the association by paying dues, joining leagues, or making contributions to the organization. There are eight (8) classes of memberships in the association: leagues, single, family, sponsor, silver patron ($500 contribution), gold patron ($1,000 contribution), platinum patron ($5,000 contribution), and honorary. Honorary membership shall, from time to time, be granted to such indivudals as the board of directors of the association deems approriate.”

“The association has one regular annual meeting of the general membership of all classes of the members who may vote on officers and such other business as may properly come before the membership. Special meetings of the general membership may be called by the president of the board of directors. Members are entitled to one vote, and votes must be made in person.”

“Same as Part VI, Line 7a above.”

“The association's Form 990, return of organization exempt from income tax and associated schedules are made available to all board members at the monthly meeting following the filing of the return. The return is available for review by the general membership at the association's office during regular business hours.”

“The conflict of interest policy applies to all officers and directors of the association. The bylaws require that any officer or director with knowledge of an actual or potential conflict of interest on the part of the officer or director or any other officer or director shall inform the entire board of directors of the conflict immediately. The board of directors shall gather all material facts regarding the potential conflict. After discussions with the interested party, they shall leave the meeting while the remaining board of directors shall determine whether a material conflict of interest exists. If a conflict of interest is deemed to exist, the board of directors shall determine the proper course of action.”

“The compensation committee of the board of directors meet annually to review the compensation of the executive director and all of the staff members. An annual review is performed with compensation adjusted accordingly. The compensation committee is made up of the president, the executive vice president and one other independent board member. The executive director performs the annual reviews of the other staff members and provides a salary recommendation to the compensation committee for review and approval.”

“The association's bylaws are available to the general public on the association's website. All financial statements, tax returns and association's meeting minutes are maintained at the association's offices and are available for review to the general public during regular business hours.”

“Conversion to GAAP Basis from Tax Basis = -$13738”