2016-07-28T17:16:44-05:00 2016-03-31 330306529 BRABO & CARLSEN LLP 1111 E TAHQUITZ CNYN WAY203 PALM SPRINGS CA 92262 990 2015-04-01 952899218 ARROWHEAD LAKE ASSOCIATION ARRO 9093372595 PO BOX 1119 LAKE ARROWHEAD CA 92352 PATTI MCGONIGLE PRESIDENT 9093372595 2016-07-13 1 WAYNE CARLSEN CPA P00239571 7603200848 2015 2016-12-15 16:53:06Z PATTI MCGONIGLE PO BOX 1119 LAKE ARROWHEAD CA 92352 3848192 0 X HTTP://WWW.ALA-CA.ORG X 1974 CA TO MANAGE AND MAINTAIN ARROWHEAD LAKE ASSOCIATION. 7 7 53 0 64967 63967 0 0 2867240 2912130 9471 8901 406545 407294 3283256 3328325 0 0 0 0 1297682 1308618 0 0 0 2226318 2241456 3524000 3550074 -240744 -221749 6492514 5733304 1368022 830561 5124492 4902743 TO MANAGE AND MAINTAIN ARROWHEAD LAKE ASSOCIATION. 0 0 TO MANAGE AND MAINTAIN ARROWHEAD LAKE ASSOCIATION. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 1 35 0 1 53 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 1 0 CA X SHERYL VAN NOSTRAN 9093372595 870 STATE HIGHWAY 173 LAKE ARROWHEAD CA 92352 X PATTI MCGONIGLE PRESIDENT 4.00 X X 0 0 0 JANE ST JOHN DIRECTOR 4.00 X X 0 0 0 SAMANTHA ALLEN-NEWMAN VICE PRESIDENT 4.00 X X 0 0 0 ROBERTA RINDENOW DIRECTOR 4.00 X 0 0 0 RALPH WAGNER DIRECTOR 4.00 X 0 0 0 STEVE HOLLSTEIN SECRETARY/TREASURER 4.00 X 0 0 0 BRIAN HALL DIRECTOR 4.00 X 0 0 0 JIM GRANT GENERAL MANAGER 40.00 X 138136 0 0 138136 0 0 1 0 0 0 GURALNICK & GILLILAND LLP 40004 COOK ST 3 PALM DESERT CA 92211 LEGAL SERVICES 240573 TRINITY CONSTRUCTION COMPANY INC PO BOX 246 BLUE JAY CA 92317 DREDGING 223201 2 MEMBERSHIP DUES AND AS 900099 2912130 2912130 2912130 7975 7975 122071 65079 56992 56992 56992 926 0 926 926 926 483464 454788 28676 28676 COMMON AREA LEASE INCO 531120 195030 195030 OTHER INCOME 900099 126596 126596 321626 3328325 3067402 64967 195956 X 1006510 18899 182865 100344 386272 25202 95602 21584 455841 192524 INCOME TAXES 14891 REPAIRS AND MAINTENANCE 449162 FIREWORKS AND LAKE EVEN 122285 UTILITIES 78034 400059 3550074 934136 629195 1513204 1457351 236865 136906 31764 17912 77988 84632 9779699 6384063 3695427 3395636 3130 11672 6492514 5733304 109723 109301 1157122 619777 101177 101483 1368022 830561 X 5124492 4902743 5124492 4902743 6492514 5733304 -221749 0 X X 0 1 X 1 0 390333 390333 3224870 2442522 782348 2246168 1428396 817772 3918328 2513145 1405183 3395636 SECURITY DEPOSIT 101483 101483 X 3393404 0 3393404 -65079 -65079 3328325 3615153 65079 65079 3550074 0 3550074 PART X, LINE 2: THE ASSOCIATIONS POLICY IS TO RECORD INCOME TAX RELATED INTEREST AND PENALTIES IN OPERATING EXPENSES. FOR THE YEAR ENDED MARCH 31, 2016 THERE WAS NO INTEREST OR PENALTIES EXPENSE RECORDED AND NO ACCRUED INTEREST AND PENALTIES. THE ASSOCIATIONS FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND FORMS 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE ASSOCIATIONS FORMS 199, CALIFORNIA EXEMPT ORGANIZATION ANNUAL INFORMATION RETURN, AND FORMS 109, CALIFORNIA EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, ARE SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -65,079. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 65,079. X 0 0 0 PART I, LINE 3 THE BOARD TAKES INTO CONSIDERATION ANY AND ALL DATA RELATED TO THE DECISION TO HIRE AND HOW TO COMPENSATE THE ORGANIZATIONS KEY EMPLOYEES BEFORE VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE RIGHT TO ELECT BOARD MEMBERS AND BECOME BOARD MEMEBERS. BOARD MEMBERS EXERCISE GOVERNANCE, HOWEVER MEMEBERS HAVE THE RIGHTS NOT LIMITED TO MODIFYING GOVERNMENT DOCUMENTS INCLUDING BY-LAWS AND ARTICLES OF INCORPORATION. THERE MUST BE A QUORUM OF MEMBERS TO APPROVE CHANGES. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS AND APPROVES TAX RETURNS PROVIDED BY THE CPA, THEN REPORTS THE RESULTS TO THE BOARD. THE FINANCE COMMITTEE CHAIR IS THE TREASURER. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD TAKES INTO CONSIDERATION ANY AND ALL DATA RELATED TO THE DECISION TO HIRE AND HOW TO COMPENSATE THE ORGANIZATIONS KEY EMPLOYEES BEFORE VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E PROPERTY TAXES 75,163. SUPPLIES 58,463. ADMINISTRATIVE 52,945. CREDIT CARD PROCESSING FEES 46,306. FUEL AND OIL 44,636. LICENSES AND PERMITS 44,511. EQUIPMENT RENTAL 30,198. POSTAGE AND SHIPPING 17,888. TELEPHONE 12,822. PRINTING AND PUBLICATION 12,101. UNIFORMS 5,026. FORM 990, PAGE 12, PART XII, LINE 2C - AUDIT COMMITTEE AN AUDIT COMMITTEE MADE UP OF THE OFFICERS OF THE BOARD SELECTS THE AUDITOR AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.