Cherry Hills Country Club

“The executive committee shall be composed of the current president, the immediate past president, the president-elect, the secretary and the treasurer of the club. It may formulate and recommend overall policies and bylaw changes to the board of directors regarding the affairs of the club. The committee shall review the proposed budgets submitted by the general manager and make such revisions therein as it deems necessary before recommending formal adoption thereof to the board of directors. The committee shall handle such emergency or other matters as are delegated to the committee by the board of directors for final action. Subject to late ratification by the full board of directors, the executive committee may act for the board in emergency matters where it is not practical or feasible to convene a meeting of the full board. All members of the executive committee are on the board of directors, except the immediate past president.”

“The organization has members with the following types of classes: 1. Life 2. Resident 3. Non-resident 4. Surviving spouse non-resident 5. Surviving-spouse 6. Former spouse 7. Special resident a 8. Special resident b 9. Special resident c 10. Senior 11. Resident emeritus 12. Clergy 13. Non-participating 14. Surviving spouse non-participating 15. Honorary for life”

“A nominating committee is formed and then determines a slate of officers. The members with voting rights have the right to vote on the slate at the annual meeting. The following types of member classes have voting rights: 1. Resident 2. Senior 3. Life 4. Honorary for life”

“The power to take the following actions shall be exercised only by a majority vote of the members actually voting at an annual or special meeting of the club called for such purpose and in accordance to bylaws: (a) to mortgage the property of the club in any amount; (b) to purchase, sell or exchange any assets having a price of $1,000,000 or more or make any non-maintenance or non-replacement related capital expenditure or associated capital expenditures total $1,000,000 or more in any 12-month period; (c) to alter the categories of club membership or change the number of members permitted in any particular category of membership; and (d) to hold more than one major, national professional golf tournament at the club during any ten-year period.”

“The executive committee reviews the tax return in detail, and then a copy is provided to the board of directors before filing of the form 990.”

“The current general manager was hired in 2011. Relative to determining his compensation, a process has been developed that includes: - annual performance reviews of the general manager performed by the president and president-elect. The executive committee approves compensation, and a file is maintained and passed on from one president to the next. The head golf professional and grounds superintendent undergo annual performance reviews as directed by the organization's bylaws. After the performance reviews are completed, the independent executive committee reviews comparative data locally, regionally, and nationally, using mountain states employer's council salary surveys, club benchmarking data, and guidestar's 990 salary information in order to determine compensation. The appropriate documenation is maintained to substantiate determined compensations.”

“The organization does not make the documents referred to in this question available to the public.”