Arid Club Inc

“Employee was fraudulently issuing checks to herself and manipulating the accounting records to avoid detection. Charges were filed against the employee and a claim was filed with our insurance carrier. Additional accounting controls were implemented regarding the segregation of duties and the authority to authorize checks. Insurance proceeds were received in the amount of $100,000 with $24,611 related to current year fraudulent activities and $75,389 related to prior years.”

“Resident, corporate, and junior membership offers full use of the facilities and possesses voting privileges along with the opportunity to hold office. A membership is offered to surviving spouses and offers full use of the facilities as well as voting rights. Non-resident memberships are also offered with use of facilities and non-voting rights.”

“Voting members have authority to elect or appoint members to the governing body.”

“The voting members will approve dues increases and any amendments or changes to the organization's governing documents.”

“There are no committees with broad authority to act on behalf of the organization's governing body.”

“The form 990 is reviewed by the general manager and chair of the board prior to filing. The form 990 is also made available to the entire board prior to filing.”

“The board of directors is covered by the policy, as well as principal officers and committee members. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure, the interested person shall leave the meeting during the discussion and voting of the transaction involving the possible conflict of interest. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The governing board hears all potential conflicts of interest and makes a final determination of whether a conflict exists. The governing board will take appropriate disciplinary or corrective action as necessary.”

“The board of directors determines the compensation of the general manager. Compensation is reviewed on an annual basis. No salary data is used and reviews are done annually in january.”

“The arid club does not make its governing documents or its financial statement available to the public.”