Winterhaven Water and Development Company Inc

“Each owner of a lot, by virtue of being an owner, shall automatically be a member of the corporation. When more than one person or entity holds an ownership interest in any lot, each such person or entity is a member. An individual designated, in writing, by a corporation, partnership, or other non-individual member may exercise the rights of membership for such entity. The transfer of title to any lot by recording a document in the official records of the office of the pima county, arizona recorder automatically transfers membership to the new owner identified in the recorded document, effective as of the date of recording.”

“Officers and directors of the corporation are elected by the members at the regular annual meeting of the members. Only those members in good standing (each a "member in good standing") are entitled to exercise the rights and privileges of membership, including the right to vote on any corporation matter and the right to serve on the board of directors or any committee of the corporation. To be in good standing, a member must be no more than two (2) months' delinquent in the payment of all assessments imposed by the corporation and any other sums which are due from the member to the corporation.”

“At any meeting of the corporation or any corporation election, the members in good standing shall be entitled to vote on each matter brought before the membership, including those matters relating to the manner and amount of assessments against members. A majority of the eligible votes cast by the members in good standing at a meeting at which there is a quorum present, shall be the act of the membership, except as otherwise provided in the governing documents or by statute. Bylaws may be amended, altered or repealed by majority vote of the members present in person or by absentee ballot at any annual meeting or at any special meeting called for that purpose.”

“Form 990 is prepared by the organization's cpa and reviewed by the secretary/treasurer and the head of the finance committee. Upon approval, a copy is provided to the entire board for review and comment prior to filing.”

“The only officer compensated by the organization is the secretary/treasurer. The entire membership votes to elect a board member to fill this position every year. Specific duties and compensation are discussed and voted on by the board of directors and documented in the minutes.”

“The organization's governing documents and financial statements are available upon request.”