2021-03-16T11:58:47-05:00 2020-12-31 263519134 NEWMAN CERTIFIED PUBLIC ACCOUNTANT PC 3164 LIONSHEAD AVENUE SUITE B CARLSBAD CA 92010 990 2020-01-01 330794723 PASEO DEL SOL MASTER ASSOCIATION PASE 8584950900 9665 CHESAPEAKE DRIVE SUITE 300 SAN DIEGO CA 92123 RICK HODGES SECRETARY 8584950900 2021-03-12 true RICK HODGES JEREMY NEWMAN P00861547 8445607300 2021-03-16 2020 2022-09-23 18:48:47Z MARION ROMEIS 9665 CHESAPEAKE DRIVE SUITE 300 SAN DIEGO CA 92123 2670114 false X PASEODELSOLHOA.COM X 1997 CA ENHANCEMENT OF COMMUNITY VALUES 5 5 0 0 0 2907737 2637642 32393 32472 0 2940130 2670114 0 0 175017 180534 0 0 2568860 2334145 2743877 2514679 196253 155435 2298044 2642087 1958368 2366976 339676 275111 X ENHANCEMENT OF COMMUNITY VALUES false false 2277180 2637642 THE ASSOCIATION IS A MASTER PLANNED COMMUNITY. IT ACHIEVES THE GOALS OF MAINTAINING AND PRESERVING THE COMMUNITY'S COMMON AREAS VIA VOLUNTEER COMMITTEES, FORUMS AND AN OUTSIDE MANAGEMENT COMPANY. THE ASSOCIATION IS A MASTER PLANNED COMMUNITY. IT ACHIEVES THE GOALS OF MAINTAINING AND PRESERVING THE COMMUNITY'S COMMON AREAS VIA VOLUNTEER COMMITTEES, FORUMS AND AN OUTSIDE MANAGEMENT COMPANY. 2277180 false false false false false false false false false false false false false 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 false false false false true 3 0 0 false false false false false false false false X 5 5 false true false false true true true true true false false false false false false false false false CA X WALTERS MANAGEMENT 8584950900 9665 CHESAPEAKE DRIVE SUITE 300 SAN DIEGO CA 92123 X ROBERT GREGORY DIRECTOR 2.00 X 0 0 0 MARION ROMEIS PRESIDENT 2.00 X 0 0 0 CHUCK HITCHCOCK VICE PRESIDE 2.00 X 0 0 0 RICK HODGES SECRETARY 2.00 X 0 0 0 ANY FERRELL TREASURER 2.00 X 0 0 0 false false false ENVIRONMENTAL CONCEPTS PO BOX 1788 TEMECULA CA 92593 LANDSCAPE 1023064 WALTERS MANAGEMENT 9665 CHESAPEAKE DR SUITE 300 SAN DIEGO CA 92123 PROPERTY MGMT. 147296 SECURITAS SECURITY SERVICES 1550 HOTEL CIR N 440 SAN DIEGO CA 92108 SECURITY/PATROL 109731 3 OWNER ASSESSMENTS 813990 2588685 2588685 OTHER MEMBER INCOME 813990 23378 23378 COLLECTION INCOME 813990 16847 16847 BAD DEBT RECOVERY 813990 8732 8732 2637642 32472 32472 2670114 2637642 32472 180534 180534 147296 147296 8354 8354 16335 16335 90203 90203 26534 26534 LANDSCAPE AND IRRIGATION 1191346 1191346 UTILITIES 376957 376957 PATROL AND SECURITY 160491 160491 POOL AND SPA 91830 91830 224799 224799 2514679 2277180 237499 0 344301 999037 1915000 1610000 30766 29308 7977 3742 2298044 2642087 249645 128121 43249 55570 1665474 2183285 1958368 2366976 X 339676 275111 339676 275111 2298044 2642087 X 155435 -220000 X true X false true false CONTRACT LIABILITIES 2183285 2183285 2670114 2670114 2670114 2514679 2514679 2514679 FORM 990, PAGE 2, PART III, LINE 4D THE ASSOCIATION IS A MASTER PLANNED COMMUNITY. IT ACHIEVES THE GOALS OF MAINTAINING AND PRESERVING THE COMMUNITY'S COMMON AREAS VIA VOLUNTEER COMMITTEES, FORUMS AND AN OUTSIDE MANAGEMENT COMPANY. FORM 990, PAGE 6, PART VI, LINE 3 DAILY OPERATIONS ARE MANAGED BY AN INDEPENDENT, PROFESSIONAL MANAGEMENT COMPANY. THE MANAGEMENT COMPANY ACTS AS AN AGENT FOR THE CORPORATION. THE BOARD OF DIRECTORS APPOINTS AND SUPERVISES THOSE WHO ARE RESPONSIBLE FOR THE DAILY ACTIVITIES. THE BOARD OF DIRECTORS GOVERNS THE ORGANIZATION IN ITS PURSUIT OF THE CORPORATION'S CHARITABLE MISSION, AND BOARD MEMBERS ALSO CARRY LEGAL AND ETHICAL RESPONSIBILITIES BECAUSE THEY HOLD THE NONPROFIT'S ASSETS IN TRUST FOR THE PUBLIC. FURTHERMORE, BOARD MEMBERS HAVE A LEGAL DUTY OF LOYALTY TO THE CORPORATION AND MUST ABSTAIN FROM VOTING ON MATTERS IN WHICH THEY HAVE A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 6 A MEMBER OF THE ASSOCIATION WOULD GENERALLY BE A SUBSCRIBER TO THE CORPORATION'S MEMORANDUM OF ASSOCIATION (ARTICLES OF INCORPORATION) WITH THE MEMBER'S NAME ENTERED IN THE CORPORATION'S REGISTER OF MEMBERS WHEN THE FIRM IS REGISTERED (OR INCORPORATED). OWNERS AUTOMATICALLY BECOME MEMBERS OF THE ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 7A THE CORPORATION IS STRUCTURED TO HAVE MEMBERS WHO HAVE THE RIGHT TO ELECT DIRECTORS OF THE CORPORATION. DURING EACH YEAR, THE CORPORATION HOLDS AN ANNUAL ELECTIONS MEETING WHERE THE ASSOCIATION MEMBERS ELECT THE BOARD MEMBERS FOR THE NEXT YEAR. THE SPECIFIC METHOD OF THE BOARD'S ELECTION PROCESS IS FORMALLY SET IN THE CORPORATION'S ORGANIZATIONAL DOCUMENTS. FORM 990, PAGE 6, PART VI, LINE 7B AN ORGANIZATION'S GOVERNING DOCUMENTS DICTATE THE VARIOUS RESOLUTIONS THAT REQUIRE MEMBERSHIP APPROVAL. THE BYLAWS SPECIFY WHEN BOARD MEETINGS MUST BE HELD AND HOW MANY BOARD MEMBERS MUST BE PRESENT TO PASS OFFICIAL BUSINESS MATTERS VIA VOTE. THE ASSOCIATION COMPLIES WITH ALL STATE REQUIREMENTS FOR COMMUNITY INTEREST DEVELOPMENTS REGARDING MEMBERSHIP APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 AND OTHER REQUIRED STATE INCOME TAX RETURNS ARE PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT AS PART OF THE REVIEW PROCESS. THESE INCOME TAX RETURNS ARE THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND SIGNATURE AUTHORIZATION PRIOR TO THEIR FILING. FORM 990, PAGE 6, PART VI, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED BY THE BOARD MEMBERS WHEN THEY JOIN THE BOARD OF DIRECTORS, AND THIS STATEMENT IS UPDATED FOR ANY CHANGES WHEN NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 THE CORPORATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC ON THE STATE OF CALIFORNIA'S SECRETARY OF STATE WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 TRANSFER TO CONTRACT LIABILITIES -220,000