2021-10-21T13:36:51-07:00 2020-12-31 823331716 Porter & Lasiewicz CPAs 980 Enchanted Way Suite 104 Simi Valley CA 93065 990 2020-01-01 570656625 Palmetto Dunes Property Owners Association Inc PALM 8437851109 16 Queens Folly Road Hilton Head Island SC 29928 Ric Gorman Treasurer 2021-10-21 true Ric Gorman 999009999 Gary A Porter P00027872 8054336022 X 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Andrew Schumacher 16 Queens Folly Road Hilton Head Island SC 29928 10414981 false X www.pdpoa.org X 1977 SC PDPOA is responsible for the operation and maintenance of the common property within the 2,172 residential development located in Hilton Head Island, South Carolina. The residential development includes 12 commercial entities. The maintenance of roads, lagoons, and paths open to the public provide an essential public benefit. 10 0 57 36 0 0 4429793 4462209 1667650 717534 4299888 5235238 10397331 10414981 0 0 3110781 3243877 0 0 3428397 3454314 6539178 6698191 3858153 3716790 34372089 37616035 2458993 1986149 31913096 35629886 To enhance the quality of life, strive to protect the natural environment, and improve the resources of our community for all those who live, invest, work and play here. false false 6082595 Road maintenance and storm drain maintenance - the Association owns 26 miles of roads, and is fully responsible for the maintenance, repair and reconstruction of these roads. The Association's road maintenance activities promote the general welfare of the community and because road maintenance is an essential governmental function, the activities lessen the burden of the town Hilton Head Island. During the Spring, PDPOA completed the roadway and drainage construction on Port Tack. At the same time, PDPOA completed the bridge replacement of the two Port Tack bridges.During the Fall, PDPOA started the roadway and drainage construction on Sea Lane. This work was completed in April 2021. Maintenance of greenbelts, 11 mile long lagoon system, lakes and bike paths - The Association maintains landscaped greenbelts adjacent to streets, several common area lots, 2 fresh water lakes, and 10 miles of bike paths. The bike paths are part of an island wide system of paths that are open to the general public and may not be restricted in any way. 6082595 false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false true false false false false false false false false false false true 26 0 true 57 true false false false false false false false false X 10 0 false false true false true true true true false false false true true true true false true true false false SC X Matthew Nemes 8437851109 16 Queens Folly Road Hilton Head Island SC 29928 Andrew Schumacher CEO 40.00 0.00 X 293500 0 33145 Ben Brown Director of Planning 40.00 0.00 152478 0 15679 James Griner Chief of Security 40.00 0.00 112543 0 25559 Wilbur Strickland Chairperson 2.00 0.00 X 0 0 0 Erin Gaian Director 1.00 0.00 X 0 0 0 Sean Moore Director 1.00 0.00 X 0 0 0 Michael Vaccaro Director 1.00 0.00 X 0 0 0 Brandon Smith Director 1.00 0.00 X 0 0 0 Lee Smith Director 1.00 0.00 X 0 0 0 Grover Cleaveland Director 1.00 0.00 X 0 0 0 Mark Carroll Secretary 1.00 0.00 X 0 0 0 Jerry Bowling Vice Chairperso 2.00 0.00 X 0 0 0 Ric Gorman Treasurer 2.00 0.00 X 0 0 0 558521 74383 3 false true false The Industrial Company PO Box 9207 Savannah GA 31412 Bridge Building Contracto 1234280 JS Construction Services PO Box 1497 Bluffton SC 29910 Roadway and Drainage Cont 834676 The Greenery Inc PO Box 6569 Hilton Head Island SC 29938 Landscape Company 377419 Leamington POA PO Box 6778 Hilton Head Island SC 29938 Pass Office Activity 457352 Island Buggy Service Inc 45 E Morningside Dr Bluffton SC 29910 Transportation Compa 172170 5 0 Membership Dues & Assessm 531390 4462209 4462209 4462209 470202 470202 0 0 0 276178 -28846 276178 -28846 247332 247332 0 0 0 Community Enhancement Fee 531390 1048382 1048382 Late Fees 531390 4216 4216 User Fees 531390 4182640 4182640 5235238 10414981 9697447 717534 0 0 0 0 632904 569614 63290 1839859 1655873 183986 0 119649 119649 479296 431366 47930 172169 154952 17217 40000 32000 8000 105833 84666 21167 51550 41240 10310 0 0 0 35062 31556 3506 0 28765 25889 2876 88879 84435 4444 0 0 1438 1294 144 0 8434 6747 1687 0 0 1006007 955707 50300 188305 169475 18830 Administrative Services Exempt 704258 704258 Repairs & Maintenance 309652 294169 15483 Landscaping 303346 303346 Utilities 182287 173173 9114 400498 362835 37663 6698191 6082595 615596 0 576660 2043966 0 0 84592 130973 0 0 0 5319 5805 18281 11020 27510375 7136884 17734302 20373491 13701000 14528936 0 0 0 2251935 521844 34372089 37616035 796773 405664 239713 216701 1422507 1363784 2458993 1986149 X 20358527 24216680 7696416 7696416 3858153 3716790 31913096 35629886 34372089 37616035 3716790 X false true X false false 23163580 23163580 2056095 485726 1570369 154699 134497 20202 513706 410039 103667 1622295 6106622 -4484327 20373491 Accrued Payroll 374471 ARB Compliance 722423 Assessments Received in Advance 16915 Unearned Pass Income 210150 Unearned Revenue 39825 1363784 10414981 10414981 10414981 6698191 6698191 6698191 X X false false false false false false false false false Andrew Schumacher CEO 215669 32000 45831 15191 17954 326645 Ben Brown Director of Planning 132978 19500 9258 6421 168157 Greenwood Communities and Brandon Smith, B Purchased fuel false Greenwood Communities and Brandon Smith, B Paid rent for maintenance false Greenwood Communities and Brandon Smith, B Received assessments false Greenwood Communities and Brandon Smith, B Received gate pass income false Client Note 1 Client Note 1 - The Association has evaluated the effect of GAAP guidance on accounting for uncertainty in income taxes. The Association is tax exempt under section 501(C)(4) of the Interval Revenue Code. Management believes that the Association continues to satisfy the requirements of a tax-exempt organization and therefore has no uncertain income tax positions at year end. Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents The 2020 amendments to the bylaws allow the Association to host the Annual Meeting electronically and enable all owners the ability to vote on candidates via a ballot.Before the amendments, the bylaws did not permit the Association to conduct the Annual Meeting electronically and the membership could only elect directors by either being present at the Annual Meeting or by giving a proxy to another individual that was going to be present at the meeting to vote on their behalf. The ability to vote via ballot gives every member an opportunity to elect directors even if they cannot attend the Annual Meeting. The results of the elections will be announced at the Annual Meeting. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The corporation is a homeowner's association consisting of 2,172 residential lots and 12 commercial properties. Owners are automatically granted membership in the Association upon purchase of their lot. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Three members of the Board of Directors are rotated off the Board each year. The nominating committee interviews possible Board of Directors candidates and recommends three of the candidates. Members of the Association are welcome to petition for nomination to the Board of Directors. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Property Owners have the exclusive authority to amend and/or repeal bylaws and elect the Board of Directors. The Board of Directors accepts or rejects the annual budget, approves assessments, and approves the borrowing of money and certain other property transactions. Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings Palmetto Dunes Property Owners Association does not have a committee with authority to act on behalf of the governing body. All documents of the meetings and written actions are undertaken by the governing body. Form 990, Part VI, Line 11b: Form 990 Review Process Management reviews and edits the Form 990 before presenting a draft to the Finance Committee. After the Finance Committee reviews the Form 990 at their monthly meeting, they will make a motion that the members of the Finance Committee recommend the PDPOA Board approve the 990 as presented. During the Board Meeting, the Treasurer will present the 990 and the motion from the Finance Committee for Board consideration. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Management reviews the conflict of interest policy on a yearly basis. Board members are required to sign the policy on an annual basis. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management For the CEO, PDPOAs Chairman and Immediate Past Chairman shall conduct a review of the Executives performance in December each year of the Term, which shall include a review of the Executives Base Salary. The Executives Base Salary may be increased based on, among other considerations, any average increase in wages approved in the coming years operating budget.In addition to the Base Salary, the Executive may, in PDPOAs sole discretion, be eligible to receive a Bonus Payment upon recommendation by PDPOAs Executive Committee or its designee.For top management, the CEO reviews their performance on an annual basis. Annually, management presents a detailed operating budget to the Finance Committee. After the Finance Committee reviews the detailed operating budget, the Finance Committee presents a consolidated operating budget to the Board requesting their approval. Salary expense is a line item in the operating budget. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents and financial statements are available on the Association's website. Conflict of interest policy and financial statement requests from banks and outside organizations are made available upon request.