Lake Mission Viejo Association

“Upon purchase of a home within the development, each owner becomes a member of the association.”

“The board of directors are voted upon by delegates representing the membership at an annual meeting. The delegates must represent a quorum of 25% of the 25,009 voting members. Board members serve a 2 year term and come up for election in alternating cycles.”

“Dues increases in excess of the 20% allowed by the davis-sterling act are subject to the approval of membership. Special assessments in excess of 5% of the budget are also subject to membership approval.”

“Upon preparation, the association's board of directors is provided with a copy of form 990. After reviewing the return, the board's president or treasurer signs as the board representative and files the return.”

“The association employs an administrative staff to monitor board activity and document the minutes of the board meetings. The staff provides the membership with candidate information in conjunction with election meetings.”

“Upon purchase of a home within the development, each owner receives a copy of the association's governing documents through escrow. Copies of the conflict of interest policy and financial statements are available upon request.”

“Dock repairs: program service expenses 268,514. Management and general expenses 0. Fundraising expenses 0. Total expenses 268,514. Contract services: program service expenses 257,709. Management and general expenses 0. Fundraising expenses 0. Total expenses 257,709. Water improvement project: program service expenses 213,725. Management and general expenses 0. Fundraising expenses 0. Total expenses 213,725. Computer expenses: program service expenses 144,543. Management and general expenses 0. Fundraising expenses 0. Total expenses 144,543. Playground: program service expenses 136,747. Management and general expenses 0. Fundraising expenses 0. Total expenses 136,747. Tables/benches/furniture: program service expenses 110,591. Management and general expenses 0. Fundraising expenses 0. Total expenses 110,591. Electricity: program service expenses 100,238. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,238. Water: program service expenses 92,342. Management and general expenses 0. Fundraising expenses 0. Total expenses 92,342. Boats/kayaks/paddles/leashes: program service expenses 91,055. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,055. General maintenance: program service expenses 81,744. Management and general expenses 0. Fundraising expenses 0. Total expenses 81,744. Water monitoring: program service expenses 79,276. Management and general expenses 0. Fundraising expenses 0. Total expenses 79,276. Cost of sales: program service expenses 52,197. Management and general expenses 0. Fundraising expenses 0. Total expenses 52,197. Guardhouse: program service expenses 51,232. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,232. Telephone: program service expenses 43,560. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,560. Store front: program service expenses 37,521. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,521. Power boat/rental fleet: program service expenses 34,531. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,531. Uniform/laundry: program service expenses 32,585. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,585. Lake carts: program service expenses 31,948. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,948. Stairs: program service expenses 29,210. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,210. Painting: program service expenses 28,840. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,840. Fence: program service expenses 26,437. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,437. Vehicle expenses: program service expenses 24,631. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,631. Lifeguard floats: program service expenses 22,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,250. Lifeguard supplies/equipment: program service expenses 22,109. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,109. Monuments: program service expenses 19,885. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,885.”