2018-08-30T14:12:01-07:00 2017-12-31 823331716 Porter & Lasiewicz CPAs 3355 Cochran Street Suite 101 Simi Valley CA 93063 990 2017-01-01 570656625 Palmetto Dunes Property Owners Association Inc PALM 8437851109 16 Queens Folly Road Hilton Head Island SC 29928 Ben Kinnas Treasurer 2018-08-30 true Gary A Porter P00027872 8054336022 X 2017 2022-09-23 18:48:47Z Mike Vaughn 8551613 false false X www.pdpoa.org X 1977 SC 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 an essential public benefit. 10 0 48 40 0 0 3661786 3852858 207254 789191 2890572 3816442 6759612 8458491 0 0 2243873 2598791 0 0 3501991 3079087 5745864 5677878 1013748 2780613 24803054 27903871 1225094 1545298 23577960 26358573 The Association is responsible for the operating and maintenance of the common property within the 2,173 residential and 12 commercial developments located in Hilton Head Island, South Carolina. The maintenance of roads, lagoons and paths open to the public provide an essential public benefit. 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 2572935 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 and lagoon systems are part of an island wide system of paths and lagoons that are open to the general public and may not be restricted in any way. 2572934 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. PDPOA completed the Queen's Folly Road realignment and installation of a separated bike path. During the Fall, PDPOA started the construction of the Queen's Folly out-bound bridge. The bridge was completed in April 2018. 5145869 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 false false false true false true false false false false false false false false true 16 0 true 48 true false false false false false false false false false false false false X 10 0 false false false false true true true true false false false true true false true false true true false false X X Matthew Nemes 8437851109 16 Queens Folly Road Hilton Head Island SC 29928 Mike Vaughn President 2.00 0.00 X 0 0 0 Brian Fahey Vice President 2.00 0.00 X 0 0 0 Ben Kinnas Treasurer 2.00 0.00 X 0 0 0 Koji Shimada Secretary 1.00 0.00 X 0 0 0 Elizabeth Belenchia Director 1.00 0.00 X 0 0 0 Bill Caywood Director 1.00 0.00 X 0 0 0 Gayle Cleaveland Director 1.00 0.00 X 0 0 0 Doug Luba Director 1.00 0.00 X 0 0 0 Mark O'Neil Director 1.00 0.00 X 0 0 0 Bill Watkins Director 1.00 0.00 X 0 0 0 Andrew Schumacher CEO 40.00 0.00 X 221911 0 10000 Ben Brown Project Manager 40.00 0.00 X 135531 0 0 357442 10000 2 false true false The Industrial Company 9780 Mt Pyramid Court 100 Engelwood CO 80112 Bridge Building 925673 Estate Management Services Inc 305 Indigo Drive Brunswick GA 31525 Lagoon Dredge 456602 JS Construction Services PO Box 1497 Bluffton SC 29910 Road Maintenance 538555 Leamington POA 4 Pensacola Place Hilton Head SC 29928 Pass Office Activity 313952 Reynolds Services LLC Great Swamp Road Ridgeland SC 29936 Debris Removal 283442 9 0 Membership Dues & Assessm 531390 3852858 3852858 3852858 305695 305695 0 0 0 569063 7555 93122 569063 -85567 483496 483496 0 0 0 Community Enhancement Fee 531390 498277 498277 Late Fees 531390 5228 5228 User Fees 531390 3312937 3312937 3816442 8458491 7669300 789191 0 0 0 0 1970329 1773296 197033 0 0 92048 92048 387045 348341 38704 149369 134432 14937 40000 32000 8000 66072 52858 13214 47550 38040 9510 0 0 0 12910 11619 1291 0 28407 25566 2841 42705 40570 2135 0 0 12341 11107 1234 0 14730 11784 2946 0 0 875207 831447 43760 111523 100371 11152 Administrative Services Exempt 534288 534288 Repairs & Maintenance 532991 506341 26650 Transportation 232963 221315 11648 Landscaping 182728 182728 344672 289766 54906 5677878 5145869 532009 0 803680 890259 0 0 400714 433545 0 0 0 6304 1455 61396 39529 20693769 5754110 14714094 14939659 8445961 10416191 0 0 0 370905 1183233 24803054 27903871 668209 642246 556885 903052 1225094 1545298 X 14858908 15881545 7696416 7696415 1022636 2780613 23577960 26358573 24803054 27903871 2780613 X false true X false false 16253118 16253118 2056095 260707 1795388 171926 125436 46490 445283 308451 136832 1767347 5059516 -3292169 14939659 Accrued Payroll 219957 ARB Compliance 414650 Assessments Received in Advance 9513 Retainage 102853 Rounding 1 Unearned Pass Income 156078 903052 8458491 8458491 8458491 5677878 5677878 5677878 false false false false false false false false false false Andrew Schumacher CEO 191911 30000 10000 231911 Greenwood Communities and Bill Watkins, Board Purchased fuel false Greenwood Communities and Bill Watkins, Board Paid rent for maint false Greenwood Communities and Bill Watkins, Board Received assessments false Greenwood Communities and Bill Watkins, Board Received gate pass false Schedule L, Part V Supplemental Information Greenwood Communities and Resorts Bill Watkins is on the Board of PDPOA and he is an employee of Greenwood Communities and Resorts. PDPOA entered into several related party transactions. 1. PDPOA purchased fuel from Greenwood and paid rent for a portion of their maintenance shop and land. 2. PDPOA received assessment and other fees for commercial property Greenwood Communities and Resorts owns.3. PDPOA received gate pass income for rental guests of Greenwood Communities and Resorts. 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 6: Explanation of Classes of Members or Shareholder 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, 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 reccomends 3 of the candidates to the Board. Members of the Association are welcome to petition for nomination to the Board of Directors. If there are more candidates than open seats on the Board, a vote is held at the annual meeting in October of each year by proxy or by ballot. 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 and the Treasurer of the Board review the Form 990 before filing. 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 The Executive Committee reviews compensation of the CEO annually. For all other employees, the Boards Finance Committee reviews the Associations salary expense on an annual basis and makes a salary recommendation to the Board. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents and financial statements are available on the Associations website. Conflict of interest policy and financial statement requests from banks and outside organizations are made available upon request.