Club Governance Flashcards
What is a private club?
A place where people with a common bond can congregate for social and recreational purposes.
Not open to the public; individual must be accepted by the rest of the membership to join.
Why do people join clubs?
Reasons include:
* Exclusive atmosphere
* Statement of social position
* Recreational facilities
* Convenience
* Business advantage
* Family tradition
* Personal recognition and service
What types of facilities do clubs compete with?
Clubs face competition from:
* Independent restaurants
* Public golf facilities
* Public health clubs
* Luxury resorts and hotels
What are the two main ownership types of clubs?
Ownership types are:
* Member-owned (equity)
* Non-member-owned (non-equity)
What is an equity club?
A club where each regular member is like a shareholder, collectively owning the club.
Members write bylaws, make committees, and sit on the board.
What is a non-equity club?
A club owned by an individual or corporation, where members have little say in operations.
Manager works for the owner, not the members.
What is a country club?
A club that includes a clubhouse, golf course, and usually other sports facilities; it’s the most common type of club in the US.
What defines a city club?
A club usually located in a city or suburban office complex, primarily offering food and beverage services.
May also have sports or fitness facilities.
What is a military club?
A club operated for officers and enlisted personnel, similar to city clubs in services.
Must operate profitably without government funding.
What membership category allows full use of a club’s facilities?
Regular (full, resident, or stock) membership.
What is a junior membership?
Membership for individuals who are children of regular members and not yet eligible for regular membership.
What is the process for selecting new members in a club?
Nomination for membership, may require sponsors, followed by review by the membership committee and board vote.
What are standing committees in an equity club?
Permanent committees that help conduct ongoing activities, such as the House committee.
What is the role of the General Manager in a club?
Chief operating officer responsible for carrying out policies set by the Board and managing all club operations.
What are the three primary legal duties of the Board of Directors in an equity club?
Duties include:
* Duty of care
* Duty of loyalty or good faith
* Duty of obedience
