| Return Reference | Explanation |
|---|---|
| Management duties delegation Part VI line 3 | Association has a management company oversee daily operation including but not limited to vendor selection, insurance coverage, accounting, common area maintenance and improvements at the direction of the Board of Directors. |
| Members or stockholder classes and rights Part VI line 6 | Each property owner is a member of the association with voting rights. |
| Member election for additional members Part VI line 7a | Owner/members elect the Board of Directors. |
| Governing body meeting documentation Part VI line 8a | Minutes are taken and maintained for Board of Director meetings and board appointed committee meetings. |
| Form 990 governing body review Part VI line 11 | Form 990 is provided to the board and management for review, revision and approval prior to submission. |
| Conflict of interest policy compliance Part VI line 12c | Board members and potential board members are requested to provide possible conflicts of interest at any time and at nomination for board election. |
| Governing documents etc available to public Part VI line 19 | Each owner is provided a copy of governing documents at the time of purchase; the documents and the form 990 are available to the public and owners upon request of the management. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | Capital contributions $29,180 |
| List of other expenses Part IX line 24e | Other expenses ProgramCredit losses $ 12125Community events 28620Gate expenses 28683Lake expenses 26375Neighborhood expenses 10844Pest control 11780Pool expenses 45638Repairs and maintenace 52390Security 1054 ________ Total $165119 |
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