CORAL LAKES ASSOCIATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CORAL LAKES ASSOCIATION INC (EIN 65-0388461)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-04-16
- IRS object ID
- 201211079349300611
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-04-16T09:12:35-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERSTLE ROSEN & GOLDENBERG PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3835 NW BOCA RATON BLVD STE 100 | AddressLine1 |
| City | BOCA RATON | City |
| State | FL | State |
| ZIP Code | 334315861 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650388461 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORAL LAKES ASSOCIATIONINC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CORA | NameControl |
| Phone | 5616374315 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12751 EL CLAIR RANCH ROAD | AddressLine1 |
| City | BOYNTON BEACH | City |
| State | FL | State |
| ZIP Code | 33437 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELLEN GABLER | Name |
| Title | PRESIDENT | Title |
| Phone | 5616374315 | Phone |
| Date Signed | 2011-03-24 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT ROSEN CPA | Name |
| Phone | 5614474000 | Phone |
| Date Prepared | 2012-04-16 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ELLEN GABLER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12751 EL CLAIRE RANCH ROAD | AddressLine1 |
| City | BOYNTON BEACH | City |
| State | FL | State |
| ZIP Code | 33437 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3404391 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | MAINTAINING PROPERTY AND ENHANCING THE LIFESTYLE OF MEMBER RESIDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Gross UBI | 17702 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -2582 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3193467 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3138628 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 29717 | InvestmentIncomePriorYear |
| Investment Income Current Year | 17702 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 282389 | OtherRevenuePriorYear |
| Other Revenue Current Year | 248061 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3505573 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3404391 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3430640 | OtherExpensePriorYear |
| Other Expenses Current Year | 3580808 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3430640 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3580808 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 74933 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -176417 | RevenuesLessExpensesCY |
| Total Assets BOY | 1460976 | TotalAssetsBOY |
| Total Assets EOY | 1258995 | TotalAssetsEOY |
| Total Liabilities BOY | 135998 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 110434 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1324978 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1148561 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | MAINTAINING PROPERTY AND ENHANCING THE LIFESTYLE OF MEMBER RESIDENTS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | MAINTENANCE OF 77,000 FT. CLUBHOUSE, 15 LAKES, 5 SWIMMING POOLS IN THE MEMBER CONDOMINIUM OR HOMEOWNERS ASSOCIATION AREAS AND TENNIS COURTS. ALL AREAS ARE PROFESSIONALLY MAINTAINED BY NON-RESIDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TO ENHANCE THE LEISURE TIME OF RESIDENTS AND TO PROVIDE FACILITIES FOR PARTICIPATION OF THE RESIDENTS IN ACTIVITIES SUCH AS SWIMMING, TENNIS, EXERCISE, CARD AND BOARD GAMES, DISCUSSION GROUPS, AND FITNESS CLASSES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TO PROVIDE AREAS FOR THOSE INDIVIDUALS OR GROUPS OF MEMBERS WHO WISH TO HAVE THE OPPORTUNITY TO PURSUE VARIOUS LIFESTYLE INTERESTS SUCH AS ACTING, DANCING, SINGING AND PERSONAL EDUCATION AND ENLIGHTMENT OPPORTUNITIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | THE ASSOCIATION ORGANIZES AND PRESENTS MOVIES TWICE A WEEK (AT NO CHARGE TO THE RESIDENTS), AND PROFESSIONALLY PRODUCED AND PERFORMED SHOWS, BOTH ON- SITE AND OFF-SITE, ON A COST RECOVERY BASIS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ELLEN GABLER PRESIDENT | NamePerson |
| Telephone Number | 5616374315 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12751 EL CLAIRE RANCH ROAD | AddressLine1 |
| City | BOYNTON BEACH | City |
| State | FL | State |
| ZIP Code | 33437 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|
| MURRAY GOLDSTEIN | |||||
| DIRECTOR | X | X | 0 | 0 | 0 |
| JOEL STAHL | |||||
| IST VICE PRE | X | X | 0 | 0 | 0 |
| IRWIN GASMAN | |||||
| TREASURER | X | X | 0 | 0 | 0 |
| JULES GRONICH | |||||
| 2ND VICE PRE | X | X | 0 | 0 | 0 |
| BOB ADLER | |||||
| DIRECTOR | X | 0 | 0 | 0 | |
| BOBBI GOODALL | |||||
| DIRECTOR | X | 0 | 0 | 0 | |
| MARTY GURKIN | |||||
| DIRECTOR | X | 0 | 0 | 0 | |
| SANDI ISSER | |||||
| DIRECTOR | X | 0 | 0 | 0 | |
| KEN IRWIN | |||||
| SECRETARY | X | 0 | 0 | 0 | |
| JERRY SILVERSTEIN | |||||
| DIRECTOR | X | 0 | 0 | 0 | |
| PHIL SOBOTKO | |||||
| DIRECTOR | X | 0 | 0 | 0 | |
| ELLEN GABLER | |||||
| PRESIDENT | X | X | 0 | 0 | 0 |
| IRV SALTZMAN | |||||
| PARLIAMENTAR | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PALM BEACHBROWARD LANDSCAPING | |||||
| 11030 BLUE JAY WAY | BOYNTON BEACH | FL | 33437 | LANDSCAPING | 483558 |
| POOL WORKS | |||||
| 9344 COVE POINT CIRCLE | BOYNTON BEACH | FL | 33472 | POOL SERVICE | 141336 |
| ALL GATESYSTEMS OF FLA INC | |||||
| 7804 SW ELLIPSE WAY | STUART | FL | 34997 | GATE MAINTENANC | 106384 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| MEMBERSHIP INCOME | 3132578 | 3132578 |
| ROOM RENTAL TO MEMBERS ONLY | 6050 | 6050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3138628 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17702 | TotalRevenueColumn |
| Unrelated Business Revenue | 17702 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| SPECIAL EVENTS | 164020 | 164020 |
| PRIOR YEAR SURPLUS ROLLOVER | 70000 | 70000 |
| OTHER INCOME | 14041 | 14041 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 248061 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3404391 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3386689 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 17702 | UnrelatedBusinessRevenue |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5848 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6800 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110459 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| MGMT FEES & ADMIN COSTS | 1218935 |
| FACILITIES | 861627 |
| LANDSCAPING | 462284 |
| RESERVE EXPENDITURES | 441399 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 473456 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3580808 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90966 | BOY |
| EOY | 65513 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1199650 | BOY |
| EOY | 956818 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2635 | BOY |
| EOY | 461 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122965 | BOY |
| EOY | 191443 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44760 | BOY |
| EOY | 44760 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1460976 | BOY |
| EOY | 1258995 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26019 | BOY |
| EOY | 28443 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109979 | BOY |
| EOY | 81960 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 31 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135998 | BOY |
| EOY | 110434 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1324978 | BOY |
| EOY | 1148561 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1324978 | BOY |
| EOY | 1148561 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1460976 | BOY |
| EOY | 1258995 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -176417 | ReconcilationRevenueExpenses |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SALES TAX PAYABLE | Description |
| Amount | $31 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 31 | TotalOfAmounts |
| Total Revenue | 3404391 | TotalRevenue |
| Total Expenses | 3580808 | TotalExpenses |
| Excess Or Deficit For Year | -176417 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -176417 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3404391 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 3404391 | RevenueSubtotal |
| Total Revenue Per Form990 | 3404391 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3580808 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 3580808 | ExpensesSubtotal |
| Total Expenses Per Form990 | 3580808 | TotalExpensesPerForm990 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ADDITIONAL INFORMATION | FORM 990 | PART X - BALANCE SHEET LINE 34 BEGINNING OF YEAR (A) A CHANGE WAS MADE TO THE BEGINNING RETAINED EARNINGS BALANCE FOR (1,324). RETAINED EARNING BALANCE AS ORIGINALLY REPORTED 1,326,302 ADJUSTMENT TO EXPENSES 2010 FEDERAL INCOME TAX ON FORM 990-T (1,324) CORRECTED RETAINED EARNINGS BALANCE 12/31/10 1,324,978 |
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | THE ASSOCIATION ORGANIZES AND PRESENTS MOVIES TWICE A WEEK (AT NO CHARGE TO THE RESIDENTS), AND PROFESSIONALLY PRODUCED AND PERFORMED SHOWS, BOTH ON- SITE AND OFF-SITE, ON A COST RECOVERY BASIS. |
| ADDITIONAL INFORMATION | FORM 990, PART VI | LINE 15 A COMPENSATION PAID TO TOP OFFICIAL NO OFFICER OR DIRECTOR IS PAID A SALARY. THERE ARE NO KEY EMPLOYEES AS DEFINED IN THIS FORM'S INSTRUCTIONS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | ALTHOUGH THE ENTIRE GOVERNING BODY IS NOT GIVEN A COPY OF THE FORM 990 FOR REVIEW, IT IS REVIEWED AS FOLLOWS BEFORE FILING: THE TREASURER,WHO IS A MEMBER OF THE GOVERNING BOARD DOES THE INITIAL REVIEW OF THE DRAFT COPY PREPARED BY THE ASSOCIATION'S OUTSIDE AUDITORS. WHEN THE FORM 990 IS IN THE FINAL FORM,THE TREASURER REVIEWS IT WITH THE EXECUTIVE OFFICERS (ALL ELECTED MEMBERS OF THE GOVERNING BODY), AND THEN IT IS FILED. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | UNDER FLORIDA STATE LAW, WHICH THE ASSOCIATION FOLLOWS, IT REQUIRES THAT OUR DOCUMENTS AND FINANCIAL STATEMENTS BE MADE AVAILABLE UPON REQUEST. |
| OTHER EXPENSES | FORM 990, PART IX, LINE 24E | FUNCTIONS EXPENSES 124,841 CAFE EXPENSES 105,411 TENNIS REPAIRS 75,640 SURPLUS ROLLOVER 70,000 LAKES MAMAGEMENT . 58,439 P/R LIFESTYLES 27,802 THEATER EXPENSES 10,282 SECURITY 9,339 PRIOR PERIOD ADJUSTMENT -8,298 |
| ADDITIONAL INFORMATION | FORM 990, PART XII | LINE 2 D- THE FINANCIAL STATEMENTS FOR THE YEAR WERE ISSUED ON A SEPARATE BASIS THE ENTITY ONLY HAS ONE CORPORATION. |
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