Pacific Union Club

“Line 6 explanation - the organization has limited individual memberships. Each member pays an admission fee and dues.”

“Line 7a explanation - the members hold an annual election for positions on the governing body.”

“Line 7b explanation - rights reserved to the membership include the right to vote on constitutional amendments, nominate an alternate slate of candidates for election to the governing body, elect the governing body, call for special meetings, submit matters to a vote at a general or special meeting, and vote on matters at a general or special meeting including the power to adopt, amend or repeal bylaws.”

“Line 11a explanation - the form 990 is completed by the independent auditors, reviewed by professional staff and the treasurer, and reviewed by the audit committee. The completed form 990 is presented to the governing body.”

“The matter is reviewed annually with all directors and committee members and the governing body addresses any conflict of interest.”

“The executive committee, a subset of the governing body, evaluates the performance of the general manager annually and makes determinations related to compensation of the general manager utilizing industry compensation studies, comparative data, and outside counsel as deemed necessary. The compensation of all staff below the general manager level is determined by the general manager with consideration of comparative data, and the general manager's determinations then are reviewed annually by the board of directors.”

“Governing documents, policies, and financial statements are not available to the public.”

“Heat, light, and power 325,222. Repairs and maintenance 294,099. Reserve fund expenditures 279,154. Food & beverage 250,704. Fitness 220,184. Clubhouse & other depts 161,655. Rooms 96,053. Library 2,823.”

“No change from prior year.”

“The organization's facilities and services are not available to the general public. Part v, line 10(b), reports $362,713 of revenue received from members of other clubs that provide reciprocal guest privileges to the club's members. Per the irs instructions, this line no longer includes reimbursements received by members from their personal guests who attend member-hosted events, and consequently is less than the unrelated business revenue reported in part viii, column c, which includes these reimbursements to members. Total reimbursements reported to the club as having been received by members from their guests were $227,673.”