Civic Intelligence

Rolling Hills Community Association Of

EIN 95-1160563 • 501(c)4 • Rolling Hills, CA

Profile

To maintain the roads and other common areas of the community, uphold the architectural standards of the community, operate the gates and assist the members of the Board, committees and members of the community in upholding and maintaining the community's charm and appeal.

1 Portuguese Bend RoadRolling Hills, CA 90274

www.rhca.org

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$8,688,610

Up $679,049 (+8.5%) from 2022

Liabilities

Up

$1,530,564

Up $332,612 (+28%) from 2022

Net Assets

Up

$7,158,046

Up $346,437 (+5.1%) from 2022

Operations

Revenue

Up

$4,624,736

Up $386,503 (+9.1%) from 2022

Expenses

Up

$4,278,299

Up $144,831 (+3.5%) from 2022

Net Income

Up

$346,437

Up $241,672 (+231%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2022: $8,009,561Liabilities 2022: $1,197,952Net Assets 2022: $6,811,6092022Assets 2023: $8,688,610Liabilities 2023: $1,530,564Net Assets 2023: $7,158,0462023

Highlighted filing

2023

Assets$8,688,610
Liabilities$1,530,564
Net Assets$7,158,046

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2022: $4,238,233Expenses 2022: $4,133,468Net Income 2022: $104,7652022Revenue 2023: $4,624,736Expenses 2023: $4,278,299Net Income 2023: $346,4372023

Highlighted filing

2023

Revenue$4,624,736
Expenses$4,278,299
Net Income$346,437

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 18, 2024
Return Version
2022v5.0
Gross Receipts
$4,624,736
Mission and Program Overview

Mission

To maintain the roads and other common areas of the community, uphold the architectural standards of the community, operate the gates and assist the members of the Board, committees and members of the community in upholding and maintaining the community's charm and appeal.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,811,609$7,158,046▲ $346,437
Cash and Non-Interest-Bearing Accounts$1,210,011$5,831,630▲ $4,621,619
Savings and Temporary Cash Investments$6,170,199$1,755,766▼ $4,414,433
Land, Buildings, and Equipment, Net$426,058$439,961▲ $13,903
Accounts Receivable$108,362$223,958▲ $115,596
Prepaid Expenses and Deferred Charges$94,931$79,931▼ $15,000
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,009,561$8,688,610▲ $679,049
Other Assets Total-$357,364-
Liabilities
Other Liabilities$960,627$1,323,179▲ $362,552
Accounts Payable and Accrued Expenses$237,325$207,385▼ $29,940
Total Liabilities$1,197,952$1,530,564▲ $332,612
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,811,609$7,158,046▲ $346,437
Total Liabilities and Net Assets / Fund Balance$8,009,561$8,688,610▲ $679,049

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$359,339$539,233$898,572
Land$34,210-$34,210
Leasehold Improvements$31,573-$31,573
Buildings$14,839-$14,839
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristen RaigManagerFT$165,000$24,750$189,750

Board Members and Trustees

NameTitle
Ty BobitPresident
Fred LorigVice President
Anne SmithAsst. Secretary
Annie OcchipintiSecretary
David McKinnieTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bostic CompanyRoad Paving2870 E La Cresta, Anaheim, CA 92806$520,746
American Arbor CareLandscaping2049 PCH Suite 214, Lomita, CA 90717$249,500
Adams Stirling PLCLegal2566 Overland Avenue Suite 730, Los Angeles, CA 90064$163,975
Charles Schwab & Company IncSEP-IRA CustodianPO Box 982600, El Paso, TX 79998$138,159
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,341,789
Investment Income
$224,187
Other Revenue
$58,760
Change in Net Assets
$346,437

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,624,736
Total Revenue per Audited Statements
$4,624,736
Total Revenue per Form 990
$4,624,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,172,275
Other Expenses$2,106,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,339,994$148,888-$1,488,882
Insurance$344,041$38,227-$382,268
Fees for Services Legal-$209,935-$209,935
Other Employee Benefits$172,791$19,199-$191,990
Pension Plan Contributions$159,055$17,673-$176,728
Current Officers, Directors, Trustees, and Key Employees$148,500$16,500-$165,000
Payroll Taxes$134,708$14,967-$149,675
All Other Expenses$127,625--$127,625
Other Expenses$121,904--$121,904
Depreciation Depletion$87,296--$87,296
Fees for Services Accounting-$20,432-$20,432
Fees for Services Other-$675-$675
Total Functional Expenses$3,791,803$486,496$0$4,278,299

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,278,299
Total Expenses per Audited Statements$4,278,299
Total Expenses per Form 990$4,278,299
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll & Related Liabilities$879,873
Other Liabilities$357,364
Deposits$83,210
Prepaid Assessments$2,732
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Board of Directors are elected by the members at the Association's annual member meeting as set forth in the Bylaws. Directors serve staggered three-year terms.In April 2022, new election rules were adopted in accordance with Senate Bill 323.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the staff accountant and general manager before presented to the Board for approval.

Form 990, Part VI, Section B, Line 12C

Board, Committee, and Task Force members are required to disclose any potential conflict of interest. In case of a conflict, a member will recuse himself or herself while the matter is considered.

Form 990, Part VI, Section B, Line 15B

Reports of current compensation and comparisons to similar positions are presented to the board of directors. The board reviews the reports and approves compensation for the manager in the executive session of a regular board meeting. Pay for highly compensated employees (manager) is reviewed annually.

Form 990, Part VI, Section C, Line 19

Governing documents are available on the public website (rhca.org), upon request from the administration office, and to escrow companies that are handling the sale of a property in the development.

Filing and Contact Details

Filer

Filer Name
Rolling Hills Community Association of
EIN
95-1160563
Phone
3105446222
Address
1 Portuguese Bend Road, Rolling Hills, CA 90274

Signing Officer

Name
Ty Bobit
Title
President
Signed
2024-03-18
Discuss with paid preparer
Yes

Organization Details

Formed
1936
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
41
Volunteers
19

Preparer

Firm
Porter & Lasiewicz CPAs
Address
980 Enchanted Way Suite 104, Simi Valley, CA 93065
Preparer
Gary A Porter
Phone
8054336022
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IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessm
IRS990/ProgramServiceRevenueGrp/Desc1Plan Check and Building P
IRS990/ProgramServiceRevenueGrp/Desc2Road Use Permits
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04117560
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178874
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2145355
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04117560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2145355
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014973
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt085687
IRS990/PYProgramServiceRevenueAmt04137573
IRS990/PYRevenuesLessExpensesAmt0104765
IRS990/PYSalariesCompEmpBnftPaidAmt01908290
IRS990/PYTotalExpensesAmt04133468
IRS990/PYTotalRevenueAmt04238233
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0346437
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06811609
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07158046
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06170199
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01755766
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IRS990ScheduleD/BuildingsGrp/BookValueAmt014839
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014839
IRS990ScheduleD/EquipmentGrp/BookValueAmt0359339
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0539233
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0898572
IRS990ScheduleD/ExpensesSubtotalAmt04278299
IRS990ScheduleD/LandGrp/BookValueAmt034210
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034210
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt031573
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt031573
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt083210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1357364
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2879873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Payroll & Related Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Prepaid Assessments
IRS990ScheduleD/RevenueSubtotalAmt04624736
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0439961
IRS990ScheduleD/TotalExpensesPerForm990Amt04278299
IRS990ScheduleD/TotalLiabilityAmt01323179
IRS990ScheduleD/TotalRevenuePerForm990Amt04624736
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04624736
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04278299
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0165000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount024750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Kristen Raig
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0189750
IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board of Directors are elected by the members at the Association's annual member meeting as set forth in the Bylaws. Directors serve staggered three-year terms.In April 2022, new election rules were adopted in accordance with Senate Bill 323.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by the staff accountant and general manager before presented to the Board for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board, Committee, and Task Force members are required to disclose any potential conflict of interest. In case of a conflict, a member will recuse himself or herself while the matter is considered.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Reports of current compensation and comparisons to similar positions are presented to the board of directors. The board reviews the reports and approves compensation for the manager in the executive session of a regular board meeting. Pay for highly compensated employees (manager) is reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents are available on the public website (rhca.org), upon request from the administration office, and to escrow companies that are handling the sale of a property in the development.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt08688610
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03791803
IRS990/TotalFunctionalExpensesGrp/TotalAmt04278299
IRS990/TotalGrossUBIAmt07124
IRS990/TotalLiabilitiesBOYAmt01197952
IRS990/TotalLiabilitiesEOYAmt01530564
IRS990/TotalLiabilitiesGrp/BOYAmt01197952
IRS990/TotalLiabilitiesGrp/EOYAmt01530564
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06811609
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IRS990/TotalProgramServiceExpensesAmt03791803
IRS990/TotalProgramServiceRevenueAmt04341789
IRS990/TotalReportableCompFromOrgAmt0189750
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04617612
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04624736
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07124
IRS990/TotalVolunteersCnt019

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