The Lakeside Association

“Form 990 is reviewed by the chief financial officer and the finance committee of the board of directors, prior to filing. A copy of the form 990 is then provided to the entire board of trustees prior to filing.”

“The association requires an annual statement be signed by each trustee.”

“The human resource committee of the board of directors annually reviews the compensation of the ceo based on job performance and industry compensation trends. The board of directors approves the ceo salary annually.”

“Governing documents and conflict of interest policy are available to the public upon request.”

“Consulting fees- program: program service expenses 48,219. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,219. Professional fees - other: program service expenses 0. Management and general expenses 13,644. Fundraising expenses 0. Total expenses 13,644. Program contracts: program service expenses 819,976. Management and general expenses 17,907. Fundraising expenses 0. Total expenses 837,883.”

“Supplies: program service expenses 208,441. Management and general expenses 22,770. Fundraising expenses 2,164. Total expenses 233,375. Real estate taxes: program service expenses 90,710. Management and general expenses 3,599. Fundraising expenses 0. Total expenses 94,309. Sales and use tax: program service expenses 15,790. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,790. Income taxes: program service expenses 0. Management and general expenses 12,504. Fundraising expenses 0. Total expenses 12,504.”

“Bad debts -5,156. Amortization timing difference book to tax -4,000.”

“Process has not changed from prior year”