Jonathan Club

“Jonathan club is an organization consisting of several categories of members, voting and non-voting.”

“Form 990 review process - the first draft of form 990 is reviewed by the accounting manager and cfo to ensure accuracy of all inputs of information and amounts. The tax preparer (hutchinson and bloodgood llp) prepares a 2nd draft incorporating corrections identified in the 1st draft review process. The second draft is reviewed by the cfo to ensure all corrections were properly addressed. The second draft is reviewed by the club's counsel, treasurer, and a subcommittee of the finance and human resources committee. Any additional changes/corrections are incorporated into a 3rd draft if necessary. Once all corrections are completed, the return is submitted to the board for review and the final version of the return is signed by an officer.”

“Board member interests which could give rise to conflicts are disclosed to the board and management.the conflict of interest policy is monitored and enforced. Each year's board signs affirming that they have received, read, understand and comply with the policy. In general the club's policy considers member vendor relationships to be potential conflicts. Such relationships are prohibited, except by board approval. The member vendor list is updated periodically and reviewed by the board.”

“A board committee sets the compensation for the ceo and compensation comparables are obtained from the marketpalce both for determining hiring salaries and salary increases.”

“Compensation comparables are obtained from the marketpalce and are reviewed as a part of the key employee hiring process.”

“The organization's governing documents and financial statements are made available to its members on its website.”

“ROUNDING = -$2”

“The mission of the jonathan club is to serve the social needs of the members and their families by (i) maintaining the highest standards of excellence by a private club in all plans, policies and endeavors; (ii) providing superb facilities, programs and services; (iii) preserving and enhancing the traditions and culture of the club; (iv) encouraging a sense of community and camaraderie among the members; and (v) protecting the stature of the club as one of the finest private clubs in america.”