Tierra Grande Improvement Assoc Inc Tierra Grande Improvement Assoc Inc

“Members of the governing body are elected by the members”

“A vote of the members is required to change the organizing documents.”

“Monthly financial statements are reviewed by the governing body, the annual independent review is presented to the governing body at a monthly board meeting prior to accepting the review. Form 990 is then prepared based on the annual independent review and made available to the governing body upon completion and prior to filing.”

“Members of the governing body are prohibited by the organizing documents from contracting any services with the governing body.”

“Board of directors sets salaries. Board of directors determines compensation for officers and directors.”

“Governing documents are available to the public upon request at the office of the association. Also, all governing documents are distributed to the members at the annual meeting of the corporation.”

“To provide services and facilities that tend to promote the general welfare of the community's inhabitants with regard to health, safety, education, culture, recreation, comfort and convenience.”

“Volunteer members are on the neighborhood watch, open space, volunteer fire department, architectural control committees. All volunteer committees are sanctioned by the governing board of directors.”

“Road maintenance and improvement. Member education, improvements for members' common areas.”

“Rent 5,100 0 0 telephone 2,218 0 0 utilities 1,328 0 0 bank charges 5 0 0 office supply 4,974 0 0 postage 2,939 0 0 real estate taxes 6,160 0 0 mileage 381 0 0 meeting expenses 3,004 0 0 depreciation 44,849 0 0 titles, abstracts 8 0 0 repairs & maintenance 2,080 0 0 security 769 0 0 donations 50 0 0 website 348 0 0 newsletter 6,526 0 0 franchise tax 35 0 0 insurance 9,891 0 0 open space develop 500 0 0”