Albuquerque Country Club

“The organization is a social club made up of its members.”

“Only shareholding members have a vote in electing the board of directors. Elections are held per the organization's bylaws.”

“The only decision made by the board of directors that are subject to the approval of the membership are changes to the organization's bylaws.”

“The form 990 is prepared by the outside cpa audit firm and is reviewed in detail by the country club controller. After any revisions are made, the form 990 is then reviewed by the club controller and general manager. Once approved by them, the form 990 is then filed with the irs. The full form 990 is also available to all club members upon request after it has been filed.”

“The organization has a conflict of interest policy stated in both the bylaws and the employee handbook.”

“The executive committee uses salary information from other country clubs and salary data from other similar positions to determine the compensation for the executive officer and all other key employees. 2023 was the most recent year in which the process included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision.”

“The executive committee uses salary information from other country clubs and salary data from other similar positions to determine the compensation for the executive officer and all other key employees. 2023 was the most recent year in which the process included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the members of the organization only upon request.”

“Supplies 167,602 0 0 general club expenses 149,790 0 0 landscaping 132,918 0 0 property taxes 118,902 0 0 miscellaneous 117,005 0 0 cogs 97,077 0 0 equipment 90,296 0 0 licenses 49,465 0 0 laundry 39,600 0 0 meals 36,886 0 0 ubi tax 36,698 0 0 bank fees 33,864 0 0 dues and subscriptions 27,980 0 0 loss on abandoned asset 18,159 0 0 uniforms 16,609 0 0 telephone 10,140 0 0 printing 5,253 0 0 human resources 4,772 0 0 total 1,153,016 0 0”

“Special assessments for capital impovements 579,008 net acquisition of capital stock -1,500 total 577,508”

“The treasurer and board of directors are responsible for the selection of an independent accountant and oversight of the audit of the financial statements. There has been no change in either the oversight or the selection process during the tax year.”