PALMETTO DUNES PROPERTY OWNERS ASSOCIATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PALMETTO DUNES PROPERTY OWNERS ASSOCIATION (EIN 57-0656625)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-27
- IRS object ID
- 202503009349301775
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-27T14:46:57-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582663273 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SYMPHONA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 CROWN POINTE PKWY STE 810 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30338 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570656625 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PALMETTO DUNES PROPERTY OWNERS | BusinessNameLine1Txt |
| Business Name Line2 | ASSOCIATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PALM | BusinessNameControlTxt |
| Phone | 8437851109 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 QUEENS FOLLY ROAD | AddressLine1Txt |
| City | HILTON HEAD ISLAND | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29928 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT TALBOT | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8437851109 | PhoneNum |
| Signature | 2025-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EMILY R SHINN | PreparerPersonNm |
| PTIN | P01778520 | PTIN |
| Phone | 6782421300 | PhoneNum |
| Preparation | 2025-08-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BILL DIX | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 QUEENS FOLLY ROAD | AddressLine1Txt |
| City | HILTON HEAD ISLAND | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,903,423 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.PDPOA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1977 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | PDPOA IS RESPONSIBLE FOR THE OPERATION AND MAINTENANCE OF THE COMMON PROPERTY WITHIN THE 2,173 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 ESSENTIAL PUBLIC BENEFIT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 2173 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2173 | VotingMembersIndependentCnt |
| Total Employee | 75 | TotalEmployeeCnt |
| Total Volunteers | 110 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,337,054 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,797,953 | CYProgramServiceRevenueAmt |
| PY Investment Income | $908,280 | PYInvestmentIncomeAmt |
| CY Investment Income | $913,788 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $11,245,334 | PYTotalRevenueAmt |
| CY Total Revenue | $11,711,741 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,186,841 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,177,972 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,209,402 | PYOtherExpensesAmt |
| CY Other Expenses | $4,528,783 | CYOtherExpensesAmt |
| PY Total Expenses | $8,396,243 | PYTotalExpensesAmt |
| CY Total Expenses | $8,706,755 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,849,091 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,004,986 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $46,965,169 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,196,915 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,423,772 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,029,640 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $44,541,397 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $48,167,275 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,853,114 | ExpenseAmt |
| Revenue | $10,797,953 | RevenueAmt |
| Desc | 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 OF HILTON HEAD ISLAND.THE SEA LANE BRIDGE WAS REPLACED, INCLUDING REALIGNMENT OF THE ROADWAY AND LEISURE PATHWAY, INTEGRATION OF SIGNIFICANT LANDSCAPING ENHANCEMENTS, AND INFRASTRUCTURE IMPROVEMENTS TO ACCOMMODATE FUTURE STORMWATER MANAGEMENT INITIATIVES ALONG THE MOORING BUOY CORRIDOR.BEACH ACCESS PATHWAYS AT BRIGANTINE/CAT BOAT AND FLOTILLA/GALLEON CONVERTED FROM STAIRS TO RAMPS TO IMPROVE EASE OF USE. THE ADDITION OF A MOBI-MAT NONSLIP BEACH PATH MAT TO IMPROVE SAFETY AND ACCESSIBILITY AT THE DUNES HOUSE BEACH ACCESS FOR PEOPLE WITH DISABILITIES OR PARENTS WITH STROLLERS.REDEVELOPMENT OF DUNES HOUSE LANE AND PARKING AREAS TO IMPROVE SAFETY AND ACCESSIBILITY. PLANNED IMPROVEMENTS INCLUDE NEW ROAD AND PARKING SURFACES, RELOCATED PARKING FOR HANDICAPPED USERS, DEDICATED SPACES FOR BICYCLES, COMPACT VEHICLES, AND THE DUNES BUGGY, THE ESTABLISHMENT OF INBOUND AND OUTBOUND DRIVE AISLES TO INCREASE ACCESSIBILITY FOR EMERGENCY VEHICLES, AND THE INTEGRATION OF ADDITIONAL PARKING SPACES.REDEVELOPMENT OF THE MOORING BUOY CORRIDOR (FROM SEA LANE TO PORT TACK), INCLUDING ROADWAY REALIGNMENT AND RECONSTRUCTION, SIGNIFICANT RECONFIGURATION OF THE LEISURE PATH TO IMPROVE ACCESSIBILITY AND SAFETY, NEW STORMWATER DRAINAGE INFRASTRUCTURE, AND IMPROVEMENT OF THE BROAD CREEK PSD UTILITIES. | Desc |
| Total Program Service Expenses | $7,853,114 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 75 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 2173 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2173 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAIGE CLARK DICKERSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8437851109 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 QUEENS FOLLY ROAD | AddressLine1Txt |
| City | HILTON HEAD ISLAND | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29928 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| BECKY BRUMLEY PART YEAR | |||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KURT FAIRES | |||||||
| VICE-CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHAD TEREFENKO PART YEAR | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROBERT TALBOT | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JERRY DURKIN PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN DEMICHELE PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRANDON SMITH PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALICE BETTENCOURT | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ED GARINO PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUG LUBA | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BARBARA MCFADDEN PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN BOOTH PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KELLY BROWN PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEE WHITEHURST PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRAD MARRA PART YEAR | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW SCHUMACHER | |||||||
| CEO | 40.00 | $307,672 | $0 | $35,609 | Yes (X) | ||
| JAMES GRINER | |||||||
| DIRECTOR OF SECURITY | 40.00 | $157,799 | $0 | $12,597 | Yes (X) | ||
| ELIZABETH LOVELL CICCARELLI | |||||||
| DIRECTOR OF COMMUNICATIONS | 40.00 | $120,947 | $0 | $29,088 | Yes (X) | ||
| MATTHEW NEMES | |||||||
| CONTROLLER | 40.00 | $133,827 | $0 | $27,232 | Yes (X) | ||
| SYDNEY WAN | |||||||
| DIRECTOR OF FACILITIES MAI | 40.00 | $119,345 | $0 | $15,070 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $839,590 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $119,596 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JS CONSTRUCTION SERVICES | |||||
| PO BOX 1497 | BLUFFTON | SC | 29910 | CONSTRUCTION CONTRACTOR | $1,955,076 |
| THE GREENERY INC | |||||
| PO BOX 6569 | HILTON HEAD ISLAND | SC | 29938 | LANDSCAPING | $475,741 |
| ISLAND BUGGY SERVICE INC | |||||
| 45 E MORNINGSIDE DRIVE | BLUFFTON | SC | 29910 | TRANSPORTATION | $251,473 |
| INFRASTRUCTURE CONSULTING & ENGINEERING | |||||
| 110 MIDLANDS COURT | WEST COLUMBIA | SC | 29169 | CAPITAL PROJECTS | $157,640 |
| CN PROGRESSIVE LLC | |||||
| 14 CORPORATE WOODS BLVD SUITE 217 | ALBANY | NY | 12211 | IT SERVICES | $105,913 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| USER FEES | 531390 | $5,171,455 | $5,171,455 |
| MEMBERSHIP DUES & ASSESSMENTS | 531390 | $4,790,341 | $4,790,341 |
| COMMUNITY ENHANCEMENT | 531390 | $827,019 | $827,019 |
| LATE FEES | 531390 | $9,038 | $9,038 |
| ADVERTISING | 531390 | $100 | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,797,953 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,021,714 | TotalRevenueColumnAmt |
| Exclusion | $1,021,714 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,006,108 | SecuritiesAmt |
| Other | $77,648 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,163,595 | SecuritiesAmt |
| Other | $28,087 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$157,487 | SecuritiesAmt |
| Other | $49,561 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$107,926 | TotalRevenueColumnAmt |
| Exclusion | -$107,926 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,711,741 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,797,953 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $913,788 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,315,876 | TotalAmt |
| Program Services | $2,984,288 | ProgramServicesAmt |
| Management And General | $331,588 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,529 | TotalAmt |
| Management And General | $145,529 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $489,469 | TotalAmt |
| Program Services | $440,522 | ProgramServicesAmt |
| Management And General | $48,947 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,098 | TotalAmt |
| Program Services | $204,388 | ProgramServicesAmt |
| Management And General | $22,710 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,265 | TotalAmt |
| Program Services | $37,812 | ProgramServicesAmt |
| Management And General | $9,453 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $273,089 | TotalAmt |
| Program Services | $218,471 | ProgramServicesAmt |
| Management And General | $54,618 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,523 | TotalAmt |
| Program Services | $47,618 | ProgramServicesAmt |
| Management And General | $11,905 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,260 | TotalAmt |
| Program Services | $142,434 | ProgramServicesAmt |
| Management And General | $15,826 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,124 | TotalAmt |
| Program Services | $51,412 | ProgramServicesAmt |
| Management And General | $5,712 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,816 | TotalAmt |
| Program Services | $300,975 | ProgramServicesAmt |
| Management And General | $15,841 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,491 | TotalAmt |
| Program Services | $19,342 | ProgramServicesAmt |
| Management And General | $2,149 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,233 | TotalAmt |
| Program Services | $3,386 | ProgramServicesAmt |
| Management And General | $847 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $950,205 | TotalAmt |
| Program Services | $902,695 | ProgramServicesAmt |
| Management And General | $47,510 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $304,513 | TotalAmt |
| Program Services | $274,062 | ProgramServicesAmt |
| Management And General | $30,451 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ADMINISTRATIVE SERVICES | $792,829 | $792,829 | |
| LANDSCAPING | $504,469 | $504,469 | |
| REPAIRS AND MAINTENANCE | $282,538 | $268,411 | $14,127 |
| TRANSPORTATION | $251,473 | $238,899 | $12,574 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $504,955 | TotalAmt |
| Program Services | $421,101 | ProgramServicesAmt |
| Management And General | $83,854 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,706,755 | TotalAmt |
| Program Services | $7,853,114 | ProgramServicesAmt |
| Management And General | $853,641 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $554,834 | BOYAmt |
| EOY | $720,217 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,797 | BOYAmt |
| EOY | $184,132 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,261 | BOYAmt |
| EOY | $5,128 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,882 | BOYAmt |
| EOY | $163,957 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $34,499,910 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,063,187 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,159,281 | BOYAmt |
| EOY | $24,436,723 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,695,869 | BOYAmt |
| EOY | $24,642,029 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,245 | BOYAmt |
| EOY | $44,729 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,965,169 | BOYAmt |
| EOY | $50,196,915 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,531 | BOYAmt |
| EOY | $94,089 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,663 | BOYAmt |
| EOY | $124,651 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,895,578 | BOYAmt |
| EOY | $1,810,900 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,423,772 | BOYAmt |
| EOY | $2,029,640 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,107,717 | BOYAmt |
| EOY | $36,844,981 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,696,416 | BOYAmt |
| EOY | $7,696,416 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,737,264 | BOYAmt |
| EOY | $3,625,878 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,541,397 | BOYAmt |
| EOY | $48,167,275 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,965,169 | BOYAmt |
| EOY | $50,196,915 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,004,986 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $620,893 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | Yes (1) | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $8,372,818 | InvestmentCostOrOtherBasisAmt |
| Book Value | $8,372,818 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,056,095 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $772,522 | DepreciationAmt |
| Book Value | $1,283,573 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,715,705 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,199,380 | DepreciationAmt |
| Book Value | $516,325 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $22,355,292 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $8,091,285 | DepreciationAmt |
| Book Value | $14,264,007 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $24,436,723 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED PAYROLL | $772,072 |
| ARB COMPLIANCE | $637,380 |
| ASSESSMENTS RECEIVED IN ADVANCE | $8,781 |
| DUE TO/FROM LEAMINGTON | $29,795 |
| LEASE LIABILITY | $45,159 |
| PD CARES | $32,283 |
| RESIDENTIAL ASSESSMENT | $2,030 |
| UNEARNED PASS INCOME | $283,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,810,900 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $12,332,633 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $620,892 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $620,892 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,711,741 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,711,741 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,706,755 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,706,755 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,706,755 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | BEGINNING WITH THE YEAR ENDED DECEMBER 31, 2013, THE ASSOCIATION BEGAN FILING ITS FEDERAL INCOME TAX RETURN SUBJECT TO THE PROVISIONS OF THE INTERNAL REVENUE CODE SECTION 501(C)(4). IN ACCORDANCE WITH THE INTERNAL REVENUE SERVICE, THE ASSOCIATION IS RECOGNIZED AS A "SOCIAL WELFARE ORGANIZATION AND WILL PAY NO TAXES ON EXEMPT FUNCTION ACTIVITIES INCLUDING INVESTMENT EARNINGS. HOWEVER, THE NET INCOME FROM UNRELATED BUSINESS ACTIVITIES WILL BE SUBJECT TO TAXATION. THE ASSOCIATION DID NOT HAVE ANY INCOME TAX FROM UNRELATED BUSINESS ACTIVITY FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX PROVISIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2024 AND 2023. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANDREW SCHUMACHER | ||||||||||||||
| CEO | $278,984 | $0 | $0 | $0 | $28,688 | $0 | $15,897 | $0 | $19,712 | $0 | $343,281 | $0 | $0 | $0 |
| JAMES GRINER | ||||||||||||||
| DIRECTOR OF SECURITY | $137,799 | $0 | $20,000 | $0 | $0 | $0 | $4,773 | $0 | $7,824 | $0 | $170,396 | $0 | $0 | $0 |
| MATTHEW NEMES | ||||||||||||||
| CONTROLLER | $99,427 | $0 | $34,400 | $0 | $0 | $0 | $8,354 | $0 | $18,878 | $0 | $161,059 | $0 | $0 | $0 |
| ELIZABETH LOVELL CICCARELLI | ||||||||||||||
| DIRECTOR OF COMMUNICATIONS | $99,072 | $0 | $21,875 | $0 | $0 | $0 | $7,633 | $0 | $21,455 | $0 | $150,035 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| GREENWOOD DEVELOPMENT CORPORATION | |||
| BRANDON SMITH, DIRECTOR IS LEGAL COUNSEL FOR GREENWOOD DEVELOPMENT | $41,791 | PURCHASED FUEL | 0 |
| GREENWOOD DEVELOPMENT CORPORATION | |||
| BRANDON SMITH, DIRECTOR IS LEGAL COUNSEL FOR GREENWOOD DEVELOPMENT | $390,372 | RECEIVED ASSESSMENTS | 0 |
| GREENWOOD DEVELOPMENT CORPORATION | |||
| BRANDON SMITH, DIRECTOR IS LEGAL COUNSEL FOR GREENWOOD DEVELOPMENT | $267,695 | RECEIVED GATE PASS PAYMENTS | 0 |
| GREENWOOD DEVELOPMENT CORPORATION | |||
| BRAD MARRA, CHIEF OPERATING OFFICER FOR GREENWOOD DEVELOPMENT | 0 | ||
| GREENWOOD DEVELOPMENT CORPORATION | |||
| BRAD MARRA, CHIEF OPERATING OFFICER FOR GREENWOOD DEVELOPMENT | 0 | ||
| GREENWOOD DEVELOPMENT CORPORATION | |||
| BRAD MARRA, CHIEF OPERATING OFFICER FOR GREENWOOD DEVELOPMENT | 0 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION IS A HOMEOWNER'S ASSOCIATION CONSISTING OF 2,173 RESIDENTIAL LOTS AND 12 COMMERCIAL PROPERTIES. OWNERS ARE AUTOMATICALLY GRANTED MEMBERSHIP IN THE ASSOCIATION UPON PURCHASE OF THEIR LOT. |
| FORM 990, PART VI, SECTION A, LINE 7A | 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, SECTION A, LINE 7B | 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 BORROWING OF MONEY AND CERTAIN OTHER PROPERTY TRANSACTIONS. |
| FORM 990, PART VI, SECTION A, LINE 8B | 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, SECTION B, LINE 11B | 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, SECTION B, LINE 12C | 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, SECTION B, LINE 15A | THE ENTIRE BOARD OF DIRECTORS PROVIDES INPUT TO THE GOALS/OBJECTIVES AND PERFORMANCE/METRICS REVIEW OF THE CHIEF EXECUTIVE OFFICER (CEO). THE PDPOA'S CHAIRMAN AND IMMEDIATE PAST CHAIRMAN PHYSICALLY CONDUCT THE REVIEW OF THE CEO'S PERFORMANCE IN JANUARY. THIS REVIEW INCLUDES THE CEO'S BASE SALARY. THE CEO'S BASE SALARY MAY BE INCREASED BASED ON, AMONG OTHER CONSIDERATIONS, ANY AVERAGE INCREASE IN WAGES APPROVED IN THE COMING OPERATING BUDGET. THE PDPOA BOARD IS BRIEFED ON THE CEO REVIEW POST-COMPLETION. IN ADDITION TO THE BASE SALARY, THE CEO MAY, IN PDPOA'S SOLE DISCRETION, BE ELIGIBLE TO RECEIVE A BONUS PAYMENT UPON RECOMMENDATION BY PDPOA'S EXECUTIVE COMMITTEE OR ITS DESIGNEE. FOR TOP MANAGEMENT, THE CEO REVIEWS THEIR PERFORMACE 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, SECTION C, LINE 19 | 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. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
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