Dugualla Community Inc

“The organization's members are property owners within dugualla bay heights (divisions 1-9). Members elect the board of directors, may vote on amendments to the bylaws, and share in association assets upon dissolution.”

“Members elect the board of directors at the annual meeting.”

“Members also have reserved governance rights, including the ability to remove directors by majority vote at a special meeting and to adopt amendments to the bylaws by majority vote at the annual meeting. Each lot owned entitles the member in good standing to one vote.”

“An independent certified public accountant prepares the form 990 on behalf of the organization. A complete copy of the return is provided to the board of directors prior to filing. The president, or another designated board member, reviews the return for completeness and accuracy.”

“The organization maintains a written conflict of interest policy. Potential conflicts are discussed and resolved by the board as they arise during board meetings.”

“The organization makes its governing documents available on its website. Financial statements are distributed to members prior to or at the annual meeting in accordance with the bylaws. The conflict of interest policy is available to board members and may be provided to others upon request.”

“The organization does not have a written whistleblower policy. Concerns regarding financial or governance matters may be raised directly with the board of directors and are addressed at board meetings in accordance with fiduciary duties established in the bylaws.”

“For purposes of irc 501(c)(12), member income consists of water system fees and assessments totaling $145,619. Non-member income consists of rental receipts of $3,975 and interest income of $16,260, for total gross receipts of $165,854. Member income represented approximately 87.8% of total gross receipts, satisfying the 85% member income test required under irc 501(c)(12).”