Multnomah Athletic Club

“Organization bylaws were amended in october 2014. Significant substantive changes include: - added flexibility in the timing of the annual meeting - deleted provisions allowing ballots to be picked up before the annual meeting - added provisions governing the conduct of board meetings - reconciled conflicting provisions regarding the president's participation in the nominating committee - allowed the officers to be elected as early as december 1 before the annual meeting of members - added provisions for electronic notice”

“The club has the following membership classes: adult resident; adult nonresident; junior and intermediate; and athletic, civil and social. Only adult resident members have the right to vote; only adult resident and adult nonresident members are entitled to dissolution rights.”

“Adult resident members have the right to vote at all meetings of members and are entitled to vote on each matter submitted to the membership. Only adult resident members are eligible to be elected to the board.”

“Documentation for form 990 is prepared by the controller. The form is reviewed by the cfo and general manager before being e-mailed to the audit committee for review. The form is then e-mailed to the full board before being signed by the general manager and filed.”

“Annual reviews are conducted to enforce the conflict of interest policy. New statements are signed each year by new board members, and members with a conflict are asked to abstain from voting if a conflict exists.”

“An outside consultant and a compensation committee made up from membership meet and make recommendations to the board of directors for management's salary and benefits package.”

“The organization is a privately held operating entity under irc section 501(c)(7). Governing documents, conflict of interest policy and financial statements are not required to be and are therefore not made available to the public.”

“Tidrick trust ein: 93-6312594 -5,127.”