2023-02-13T14:42:57-05:00 2022-03-31 200221868 BARNES BROCK CORNWELL & PAINTER PLC 908 EDEN WAY N STE 201 CHESAPEAKE VA 233202640 990 2021-04-01 540884209 LAKE CAROLINE POAINC LAKE 8044483400 75 SARATOGA COVE RUTHER GLEN VA 22546 ANNE TYREE TREASUER 8044483400 2023-02-08 ANNE TYREE 999009999 KIMBERLY C PAINTER CPA P00294115 7579615017 2023-02-13 2021 2023-03-07 01:45:13Z LEN BLASIOL 75 SARATOGA COVE RUTHER GLEN VA 22546 2344234 false X WWW.LAKECAROLINE.NET X 1996 VA TO PROVIDE MANAGEMENT, MAINTENANCE, PRESERVATION, AND ARCHITECTURAL CONTROL WITHIN THE LAKE CAROLINE SUBDIVISION. 7 7 51 0 169400 0 2608939 2337431 11303 6803 0 2789642 2344234 0 0 888752 844715 0 0 1137229 1055162 2025981 1899877 763661 444357 3024868 8889702 82338 1599751 2942530 7289951 TO PROVIDE MANAGEMENT, MAINTENANCE, PRESERVATION, AND ARCHITECTURAL CONTROL WITHIN THE LAKE CAROLINE SUBDIVISION. false false TO PROVIDE MANAGEMENT, MAINTENANCE, PRESERVATION, AND ARCHITECTURAL CONTROL FOR THE AREA WITHIN THE 1,400 ARCES OF THE LAKE CAROLINE SUBDIVISION. THE ASSOCIATION IS COMPRISED OF 1,371 MEMBERS WHO OWN 1,550 LOTS AS OF MARCH 31, 2022. false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 51 true false false false false false false false false X 7 7 false false false false false true false true true false false true true true true false true false false false X THE ASSOCIATION 8044483400 75 SARATOGA COVE RUTHER GLEN VA 23059 DAVID RABABY EXECUTIVE MA 40.00 X 45512 0 0 LEN BLASIOL PRESIDENT 5.00 X X 0 0 0 DENNIS CANNON SECRETARY 2.00 X X 0 0 0 VINCE MARTINEZ DIRECTOR 1.00 X 0 0 0 KAREN MASON VICE PRESIDE 2.00 X X 0 0 0 CHANDRA RHUE DIRECTOR 1.00 X 0 0 0 ANNE TYREE TREASUER 2.00 X X 0 0 0 GEORGE WIEBER DIRECTOR 1.00 X 0 0 0 45512 false false false ASSESSMENTS AND DUES 2024702 2024702 NEW MEMBER FEES 128700 128700 NEW HOME FEES 60000 60000 DISCLOSURE PACKAGES 31250 31250 LATE FEES AND CHARGES 21168 21168 71611 71611 2337431 6803 6803 2344234 2337431 6803 45512 36409 9103 699953 699953 2728 2728 33950 33271 679 62572 61321 1251 27879 27879 30950 15475 15475 43626 43626 30483 2280 28203 36630 36630 518844 518844 99926 99926 REPAIRS AND MAINTENANCE 86217 86217 DREDGING 42111 42111 RESERVE FUND EXPENSES 39179 39179 LAKE PRESERVATION 33492 33492 65825 65174 651 1899877 1844515 55362 0 1970934 2177677 891348 919425 217050 106853 20438 10762745 5207633 5555112 55733 3024868 8889702 36043 66289 46295 1533462 82338 1599751 X 2051182 6370526 891348 919425 2942530 7289951 3024868 8889702 444357 3903064 X X false true X false 135772 135772 135772 PREPAID ASSESSMENTS 1477158 DEPOSITS 37235 OTHER LIABILITIES 18196 PAYROLL LIABILITIES 873 1533462 X 2344234 2344234 2344234 1899877 1899877 1899877 SCHEDULE D, PAGE 3, PART X THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE ASSOCIATION HAS RECOGNIZED NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED MARCH 31, 2022. GENERALLY, THE ASSOCIATION'S TAX RETURNS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING. FORM 990, PAGE 6, PART VI, LINE 7A ELECTION OF THE BOARD OF DIRECTORS IS BY THE MEMBERS OF THE ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING THE RETURN AND DETAIL REVIEWED BY THE EXECUTIVE MANAGER AND TREASURER. FORM 990, PAGE 6, PART VI, LINE 12C THE ASSOCIATION HAS A CONFLICT OF INTEREST POLICY THAT IS UPDATED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 1 ACCOUNTING METHOD CHANGED FROM MODIFIED CASH TO ACCRUAL METHOD OF ACCOUNTING.