My ACFAS-whatever-club president did well, but she was also #1-2 in the class... so it was probably the club involvement.
I think the clubs are irrelevant. When done right they should simply be a source of amusement, involvement, hand skills during your early years when you are doing the "science" part to keep you interested in the podiatry part.
I skimmed right over them when I did residency interviews. That said ... one time I did see a guy with NOTHING listed on his paperwork. Like literally it said - I went to XXX Podiatry school and that's it. Fit on jokingly a quarter of a page. Now I think if I put up a poll there are people who would say "respect" for giving the finger to all the empty in between non-sense, but it did still look a little empty.