Sutter Lawn Tennis Club

“Governing body receives a copy of the completed 990 by email to review and approve prior to signature and filing.”

“The minutes of the governing board and all committees with board delegated powers shall contain: a)the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the governing boards or committees decision as to whether a conflict of interest in fact existed. B)the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings.”

“To ensure the club operates in a manner consistent with mission and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a)whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms length bargaining. B)whether partnerships, joint ventures, and arrangements with management conform to the clubs written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further mission purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. B.8. Article viii, use of outside experts when conducting the periodic reviews as provided for in article vii, the club may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.”

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”