Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES OFFICE EXPENSES 125 MEETING EXPENSE 150 INSURANCE 1,097 COMMUNITY ACTIVITIES 251 GOUNDS MAINTENANCE 567 POOL/TENNIS COURT EXPENSE 11,379 TAXES & LICENSES 731 ELECTRIC 2,890 WEBSITE 300 LIEN FEES 80 LAWN MOWING 7,183 SOFTWARE 327 SNOW REMOVAL 2,700 RESERVE-ACCESS SYSTEM POO 5,353 TOTAL 33,133 |
| FORM 990-EZ, PART II, LINE 24 | LAND IMPROVEMENTS 53,200 53,200 LESS ACCUMULATED DEPRECIATION 53,200 53,200 TOTAL 0 0 |
| FORM 990-EZ, PART III | THE HOMEOWNERS ASSOCIATION IS RESPONSIBLE FOR COLLECTION OF ASSESSMENTS, MANAGEMENT OF THESE FUNDS ACCORDING TO THE COVENANTS AND RESTRICTIONS WITH REPRESENTATION FROM THE COMMUNITY, AND UPHOLDING THE COVENANTS AND RESTRICTIONS. |
| FORM 990-EZ, PART III, LINE 28 | INCOME DERIVED FROM HOMEOWNERS ASSESSMENT FEES ARE USED SOLELY FOR THE PURPOSE OF MANAGING, MAINTAINING AND CARING FOR A RESIDENTIAL DEVELOPMENT SUBSTANTIALLY ALL OF WHOSE LOTS OR BUILDINGS ARE HOMES FOR INVIDUALS. THIS INCLUDES CARE AND UPKEEP OF COMMON AREAS SUCH AS STREETS, POOL AREA, TENNIS COURTS, COMMON GROUNDS AND LANDSCAPING, AND ALL AREAS USED SOLELY BY THE HOMEOWNERS. |
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