2022-11-15T19:00:12-06:00 2021-12-31 911663574 LARSON GROSS PLLC 2211 RIMLAND DR STE 422 BELLINGHAM WA 98226 990 2021-01-01 910909865 SUDDEN VALLEY COMMUNITY ASSOCIATION SUDD 3607346430 4 CLUBHOUSE CIR BELLINGHAM WA 98229 ANDREW TISCHLEDER PRESIDENT 3607346430 2022-11-15 1 ANDREW TISCHLEDER 999009999 MAFER FREEMAN - CPA P01980945 3607344280 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ANDREW TISCHLEDER 4 CLUBHOUSE CIR BELLINGHAM WA 98229 5213961 0 X WWW.SUDDENVALLEY.COM X 1973 WA 1) TO ACQUIRE, HOLD TITLE TO, AND MANAGE THE COMMON AREAS FOR THE BENEFIT OF ALL LOT OWNERS AND HOME OWNERS; 2) ESTABLISH AND COLLECT ASSESSMENTS AGAINST EACH LOT OWNER TO PROVIDE FOR MAINTENANCE AND OPERATION OF COMMON AREAS AND FACILITIES; 3) ENGAGE IN SOCIAL AND COMMUNITY ACTIVITIES, INCLUDING THE DEVELOPMENT, CONSTRUCTION, MAINTENANCE, AND OPERATION OF ANY OTHER COMMUNITY FACILITIES. 8 8 97 85 0 0 11504 359564 4746394 4298598 15866 88320 366723 417935 5140487 5164417 0 0 0 0 1983202 1898642 0 0 0 2899330 3359792 4882532 5258434 257955 -94017 18715262 20952447 6824359 9141774 11890903 11810673 OUR MISSION IS TO FOSTER A LIVABLE AND INCLUSIVE COMMUNITY THROUGH EXCEPTIONAL SERVICE, TRANSPARENCY, AND RESPONSIBLE STEWARDSHIP OF OUR SHARED RESOURCES. 0 0 4071547 4618181 SUDDEN VALLEY IS HOME TO OVER 7,000 RESIDENTS AND AN ABUNDANCE OF WILDLIFE. THE ASSOCIATION MANAGES THE COMMUNITY THROUGH MAINTENANCE OF COMMON AREAS, AND PROVISION OF RECREATIONAL ACTIVITIES AND SECURITY. THE ASSOCIATION CONTINUED "CLEAN GREEN" IN 2021, A SERVICE FOR THE COMMUNITY TO DISPOSE OF THEIR YARD DEBRIS. THIS SERVICE WAS PROVIDED BY LOCAL GOVERNMENT IN PRIOR YEARS AND WAS DISCONTINUED AT THE BEGINNING OF 2016. THE ASSOCIATION ALSO CONTINUED TO OFFER ITS DEVELOPED STORMWATER RUNOFF MANAGEMENT AND PHOSPHOROUS MITIGATION PLAN, AVAILABLE TO COMMUNITY MEMBERS FOR $500 PER PROPERTY; ESTIMATED TO SAVE THEM BETWEEN $10,000 AND $15,000 EACH. 4071547 0 1 0 1 0 1 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 97 1 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 WA X X JOEL HEVERLING FINANCE DIRECTOR 3607346430 4 CLUBHOUSE CIR BELLINGHAM WA 98229 ANDREW ENTRIKIN MEMBER-AT-LARGE 1.00 X 0 0 0 KIMBERLY HARRIS TREASURER 2.00 X X 0 0 0 STEFFY JONES SECRETARY, MEMBER-AT-LARGE 2.00 X X 0 0 0 JOSHUA BOWENS VICE-PRESIDENT 2.00 X X 0 0 0 SONIA VOLDT SECRETARY, MEMBER-AT-LARGE 2.00 X X 0 0 0 LINDA BRADLEY N&E REPRESENTATIVE 1.00 X 0 0 0 ANDY GLOVER MEMBER-AT-LARGE 1.00 X 0 0 0 NANCY ALYANAK N&E REPRESENTATIVE 1.00 X 0 0 0 SAM SHAHAN MEMBER-AT-LARGE 1.00 X 0 0 0 JOEL DOBBINS MEMBER-AT-LARGE 1.00 X 0 0 0 BRIAN COPE MEMBER-AT-LARGE 1.00 X 0 0 0 PAULA BIRCHLER MEMBER-AT-LARGE 1.00 X 0 0 0 NOELLE HOLLAND ACC REPRESENTATIVE 1.00 X 0 0 0 KEITH MCLEAN ACC REPRESENTATIVE 1.00 X 0 0 0 JUSTIN BAUER MEMBER-AT-LARGE 1.00 X 0 0 0 TAIMI VAN DE POLDER MEMBER-AT-LARGE 1.00 X 0 0 0 ANDREW TISCHLEDER PRESIDENT 3.00 X X 0 0 0 BRIAN KRUHLAK INTERIM GENERAL MANAGER 40.00 X 81642 0 7227 DANIEL PIKE GENERAL MANAGER 40.00 X 0 0 0 81642 0 7227 0 0 0 0 PACIFIC SECURITY 2009 IRON ST BELLINGHAM WA 98225 SECURITY 201084 ROBERT HALF MANAGEMENT RESOURCES PO BOX 743295 LOS ANGELES CA 90074 GENERAL MANAGER AND TEMPORARY EMPLOYEMEN 163111 CHMELIK SITKIN & DAVIS 1500 RAILROAD AVE BELLINGHAM WA 98225 LEGAL PROFESSIONALS 105412 3 357700 1864 359564 DUES & ASSESSMENTS 813990 3193100 3193100 GOLF GREEN FEES 713910 956099 956099 NEW HOME CONSTRUCTION 813990 131000 131000 FINES, PENALTIES & FEE 813990 16899 16899 1500 1500 4298598 12398 12398 187947 163102 18248 13218 169699 149884 319583 319583 94000 18078 75922 75922 75922 TITLE FEES 531390 46000 46000 ADVERTISING 541890 33710 33710 18642 18642 98352 5164417 4618181 0 186672 88869 68653 20216 1496762 1073200 423562 164861 117411 47450 148150 110768 37382 140321 108400 31921 82927 82927 66806 66806 438584 386597 51987 78946 13507 65439 110672 53303 57369 56085 11537 44548 751948 690290 61658 20583 2641 17942 52913 52913 1188005 1188005 128287 3254 125033 TOOLS & EQUIPMENT 77505 72487 5018 VEHICLES 53339 53198 141 DUES & SUBSCRIPTIONS 26240 24502 1738 FEES & TAXES 20747 14660 6087 65884 26221 39663 5258434 4071547 1186887 0 915334 1260946 5281436 7806095 89919 64585 3742 3623 63042 73568 27122785 15446671 12286944 11676114 74845 67516 18715262 20952447 306246 294756 299721 7062211 1260658 1119444 357700 4600034 665363 6824359 9141774 X 482330 482330 2505891 2505891 8902682 8822452 11890903 11810673 18715262 20952447 X -94017 13787 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 X X X 773 123.80 0 0 1 0 204810 1757907 1962717 5607561 2755213 2852348 3555273 2672711 882562 15997234 10018747 5978487 11676114 DEPOSITS 441765 CAPITAL LEASE PAYABLE 223598 665363 5195883 0 5195883 -31466 -31466 5164417 5276113 17679 17679 5258434 0 5258434 PART II, LINE 9: PERMANENTLY RESTRICTED LOTS ARE HELD BY THE ASSOCIATION AT COST AND REPORTED ON THE BALANCE SHEET AS A COMPONENT OF LAND AND IMPROVEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES APPLIED AGAINST RENTAL INCOME -31,466. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES APPLIED AGAINST RENTAL INCOME 31,466. RECOVERY OF BAD DEBT EXPENSE -13,787. PART VI, LINE 1E: OTHER FIXED ASSETS REPRESENTS 1) LAND IMPROVEMENTS (COMPONENT OF LAND AND IMPROVEMENTS) AND 2) ROADS AND BRIDGES PER THE ASSOCIATION'S BALANCE SHEET. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTED WITH A MANAGEMENT COMPANY TO PROVIDE SERVICES FOR THE POSITION OF INTERIM GENERAL MANAGER. FORM 990, PART VI, SECTION A, LINE 6 HOMEOWNERS AND OTHER PROPERTY OWNERS WITHIN THE ASSOCIATION COMPRISE THE BODY OF MEMBERS FOR THIS ENTITY. THEY BECOME MEMBERS OF THE ASSOCIATION AT THE TIME THEY ACQUIRE PROPERTY WITHIN THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED AT THE ANNUAL MEETING IN ACCORDANCE WITH THE GOVERNING DOCUMENTS OF THIS ENTITY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS MEETING STATUTORY OR GOVERNING DOCUMENT LIMITS REQUIRE RATIFICATION OR APPROVAL OF THE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AS PART OF THE AUDIT PROCESS BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. THE FORM 990 IS THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW AND SIGNATURE AUTHORIZATION PRIOR TO THE FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY BOARD MEMBERS AS THEY JOIN THE BOARD AND ARE UPDATED FOR ANY CHANGES. FORM 990, PART VI, SECTION B, LINE 15A CURRENT TOP MANAGEMENT WAS HIRED BY APPROVAL OF THE BOARD AND COMPENSATION IS BASED ON EXPERIENCE LEVEL AND COMPARATIVE WAGES ON A REGIONAL LEVEL. ANNUAL REVIEWS BY THE BOARD ARE UNDERTAKEN PRIOR TO CONTRACT RENEWALS AND ARE USED TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ENTITY'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC ON THE STATE OF WASHINGTON'S SECRETARY OF STATE WEBSITE. GOVERNING DOCUMENTS AND MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION WEBSITE. MONTHLY FINANCIAL STATEMENTS ARE PRINTED IN THE ORGANIZATION'S NEWSLETTER, WHICH IS SENT PRIMARILY TO THE MEMBERS OF THE ORGANIZATION. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION WEBSITE. FORM 990, PART XI, LINE 9: BAD DEBT RECOVERIES 13,787.