Temeku Hills Master Association

“The association uses the services of walters management to handle day to day operations of the development including collections, bill payments, homeowner assistance, etc. The board has the ultimate responsibility for authorizing payments, selecting vendors, and approving the budget.”

“Upon purchase of a home within the development, each owner becomes a member of the association.”

“The association has a delegate system to elect the board of directors. The membership consisting of 1,340 voting members elect delegates who in turn elect the board of directors.”

“Dues increases in excess of the 20% allowed by the davis-sterling act are subject to the approval of membership. Special assessments in excess of 5% of the budget are also subject to membership approval.”

“Upon preparation, the association's board of directors is provided with a copy of form 990. After reviewing the return, the board's president or treasurer signs as the board representative and files the return.”

“The association retains the services of a management company to monitor board activity and document the minutes of the board meetings. The management company provides the membership with candidate information in conjunction with election meetings.”

“Upon purchase of a home within the development, each owner receives a copy of the association's governing documents through escrow. Copies of the conflict of interest policy and financial statements are available upon request.”

“General maintenance: program service expenses 37,990. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,990. Surveillance: program service expenses 37,953. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,953. Building: program service expenses 32,063. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,063. Recreation: program service expenses 30,240. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,240. Hvac: program service expenses 21,827. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,827. Custodial: program service expenses 19,862. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,862. Access control: program service expenses 18,745. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,745. Fire safety: program service expenses 14,822. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,822. Painting: program service expenses 13,790. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,790. Shared use: program service expenses 9,096. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,096. Pest control: program service expenses 6,583. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,583. Sign: program service expenses 4,890. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,890. Fence: program service expenses 4,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,650. State taxes: program service expenses 0. Management and general expenses 3,176. Fundraising expenses 0. Total expenses 3,176. Lighting and electrical: program service expenses 3,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,000. Walls: program service expenses 2,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,500. Doors: program service expenses 2,405. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,405. Roofs: program service expenses 2,260. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,260. Reserve study: program service expenses 0. Management and general expenses 1,699. Fundraising expenses 0. Total expenses 1,699.”