The Rainier Club

“The rainier club is a non-profit corporation with members.”

“The members of the rainier club select trustees that sit on the board of trustees.”

“Amendments to these bylaws may be proposed by (1) an affirmative vote by a majority of the board of trustees, (2) a majority vote of the members attending any regular or special meeting or (3) by a petition signed by twenty-five or more resident members. The text of any such proposed amendment shall be posted by the secretary on the bulletin board and website of the club. Any such amendment that has been approved by a majority of the board of trustees shall be deemed adopted unless, within 15 days after its posting to the full membership, a petition signed by at least 25 resident members calls for a club-wide vote. If such a petition is presented, or if the proposed amendment has not been approved by the board of trustees, it shall be submitted for a club-wide vote by written ballot. Amendments to the bylaws shall be approved upon a two-thirds majority vote of those ballots received at the club house.”

“As directed by a motion of the board of trustees the 990 form was presented to the audit committee to review and adopt the filing before submitting. After the audit committee review and adoption a complete copy of the form 990 was presented to the board of trustees prior to filing the form.”

“Annually the board of trustees are required to complete a conflict of interest acknowledgement stating where a potential conflict may be possible.”

“The process for determining the ceo compensation utilizes a performance review survey from the board of trustees and comparability data which is substantiated by the executive compensation committee with a report to the board of trustess. This process occurs annually.”

“Since officers of the board of trustees are ineligible for compensation, there is no performance review or compensation review. The controller for the rainier club receives an annual performance and salary review. Compensation is based on the operating budget assumptions approved by the board of trustees. The ceo and the general manager conduct the review.”

“The rainier club provides all of its governing documents inclusive of the conflict of interest and whistleblower and document retention policy to the members by request. The public may obtain any document required by federal or state law by making an inquiry to the administrative offices.”

“Line 7: gain deferral on sale of property by a sec 501(c)(7) orgnaization: the club sold two pieces of art for 400,000 on 4/28/2023 and 250,000 on 8/29/2022. Both pieces of art were displayed within the club for members' enjoyment and as part of the historic nature of the building, thus being used in the performance of the club's exempt function. The proceeds are being reserved for the timely acquistion of replacement property for use in the peformance of the club's exempt function under irc sec 512(a)(3)(d).”

“The rainier club engages business, civic, and creative leaders in a diverse community of interests. We achieve this by being a social club organized to provide fellowship, recreation, pleasure and various other social functions to its members, through the use of a restaurant, bar, private member dining, overnight room accommodations and athletic facilities.”

“As a 501(c)7 organization, the rainier club is a private members social club providing food and beverage services, overnight accommodations, athletic facilities, social and event programming, reciprocity with national and international private social clubs,and parking for the membership and their guests. The club fulfills its social mission by organizing at least 200 social events annually. These events comprise the diverse interests of the membership with programs focusing on such topics as athletics, art, business, community, education, environment, food and beverage, health and wellness, historic preservation, travel, literature and philanthropy. In addition to social events, the club is a gathering place for formal and informal meetings, meals, and gatherings of various types including professional and private dinners, lunches, and breakfasts, celebrations, and friendly get togethers. The clubhouse is registered as a historic landmark by the national register of historic buildings and the city of seattle. The clubhouse, designed in 1903 by kirtland cutter, is an example of jacobean-style architecture and has been standing on 4th avenue in seattle since 1904. The membership is proud to be public stewards of one of seattle's most recognized preservation efforts.”