2024-04-10T20:02:58-05:00 2023-12-31 330244756 OWENS MOSKOWITZ AND ASSOCIATES INC 27792 EL LAZO LAGUNA NIGUEL CA 92677 990 2023-01-01 953132940 LAKE MISSION VIEJO ASSOCIATION LAKE 9497701313 22555 OLYMPIAD ROAD MISSION VIEJO CA 92692 BILL MOORHEAD TREASURER 9497701313 2024-04-10 BILL MOORHEAD 999009999 0 ROBERT A OWENS CPA P01414999 9498515020 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z BILL MOORHEAD 22555 OLYMPIAD ROAD MISSION VIEJO CA 92692 9680318 0 X WWW.LAKEMISSIONVIEJO.ORG X 1976 CA THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY PROVIDING COMMUNITY SERVICES AND FACILITIES TO THE RESIDENTS OF THE CITY AND COMMUNITY OF MISSION VIEJO, CALIF.AMONG THE GENERAL PURPOSES IS TO PROMOTE THE COMMON GOOD, HEALTH, SAFETY, AND GENERAL WELFARE OF ALL RESIDENTS WITHIN THE COMMUNITY. THE POPULATION OF THE CITY IS APPROXIMATELY 95,000. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION OWNS AND OPERATES LAKE FACILITIES WHICH INCLUDE APPROXIMATELY 124 SURFACE ACRES OF WATER AND 50 ACRES OF LAND, INCLUDING GREENBELTS, SLOPES, BEACH AREAS, PICNIC AREAS, PARKING FACILITIES, BOAT STORAGE FACILITIES, A DOCK, AND A DAM. THE LAKE IS USED FOR SWIMMING, FISHING, AND BOATING. THE BEACHES INCLUDE LARGE SAND AREAS, VOLLEYBALL COURTS, LIFEGUARD STATIONS AND BUOYED SWIMMING AREAS. THE ASSOCIATION SPONSORS A WIDE VARIETY OF COMMUNITY ACTIVITIES. 5 5 203 0 0 0 7536255 7848148 844594 964030 86389 317633 553559 550507 9020797 9680318 0 0 0 0 4001772 4153642 0 0 0 4288992 5161533 8290764 9315175 730033 365143 12097792 12326606 2687427 2551098 9410365 9775508 SEE STATEMENT O 0 0 8558197 964030 SEE STATEMENT O 8558197 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 203 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X THE ORGANIZATION 9497701313 22555 OLYMPIAD ROAD MISSION VIEJO CA 92692 X JOE BOLICH PRESIDENT 2.00 X 0 0 0 DIANE HUFSTEDLER FIRST VP 2.00 X 0 0 0 DALE TARKINGTON SECOND VP 2.00 X 0 0 0 BILL MOORHEAD TREASURER 2.00 X 0 0 0 FRED MELLENBRUCH SECRETARY 2.00 X 0 0 0 ANDREW COMEAU GENERAL MANAGER 40.00 X 177065 0 22468 177065 0 22468 4 0 1 0 PARK WEST LANDSCAPE MANAGEMENT 22421 GILBERTO STE A RSM CA 92688 LANDSCAPING 364173 RK DIVERSIFIED ENTERTAINMENT 112 N HARVARD AVE CLAREMONT CA 91711 EVENT PRODUCTION 221191 GREAT WESTERN INTALLATIONS 975 SOUTH HWY 89-91 LOGAN UT 84321 PLAYGROUND 194498 THE DOCK COMPANY 7171 WARNER AVE STE B456 HUNTINGTON BEACH CA 92647 DOCK REPAIRS 167563 THE PRINTERY 1762 KAISER AVE IRVINE CA 92614 PRINTING 146854 5 7848148 7848148 BOAT RENTAL/STORAGE 713990 370520 370520 RECREATION/SALES/CONCE 713990 217011 217011 PASSES/PERMITS 713990 174841 174841 FACILITY USAGE FEES 713990 161481 161481 CONTRACT PROGRAMS 713990 40177 40177 964030 317633 317633 OTHER INCOME 531390 550507 550507 550507 9680318 1832170 0 0 X 199533 199533 3954109 3954109 410507 410507 12257 12257 402394 402394 LAKE REFILL/QUALITY MGM 800965 800965 CONCERTS/SPECIAL EVENTS 763264 763264 LANDSCAPE MAINTENANCE 409147 409147 ADMINISTRATIVE 334214 334214 2028785 2028785 9315175 8558197 756978 0 2880121 1422733 8927000 10651231 56613 166342 13178 234058 73122 12097792 12326606 633885 461909 2053542 2089189 2687427 2551098 X -30485 69277 9440850 9706231 9410365 9775508 12097792 12326606 365143 0 X 0 0 0 1 0 0 0 X 9681176 858 858 9680318 0 9680318 9315175 0 9315175 0 9315175 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE ASSOCIATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RESERVE ASSESSMENTS RECOGNIZED UNDER FASB 606 0 0 0 0 0 0 0 0 0 ANDREW COMEAU GENERAL MANAGER 164202 0 12863 0 0 0 0 0 0 0 177065 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 UPON PURCHASE OF A HOME WITHIN THE DEVELOPMENT, EACH OWNER BECOMES A MEMBER OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE VOTED UPON BY THE MEMBERSHIP AT AN ANNUAL MEETING WHICH REQUIRES A QUORUM OF 25% OF THE 24,917 VOTING MEMBERS. BOARD MEMBERS SERVE A 2 YEAR TERM AND COME UP FOR ELECTION IN ALTERNATING CYCLES. FORM 990, PART VI, SECTION A, LINE 7B 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. FORM 990, PART VI, SECTION B, LINE 11B 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. FORM 990, PART VI, SECTION B, LINE 12C 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. FORM 990, PART VI, SECTION C, LINE 19 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. FORM 990, PART IX, LINE 24E CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 290,777. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 290,777. BOATS/KAYAKS/PADDLES/LEASHES: PROGRAM SERVICE EXPENSES 212,678. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 212,678. PLAYGROUND: PROGRAM SERVICE EXPENSES 195,928. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 195,928. DOCK REPAIRS: PROGRAM SERVICE EXPENSES 145,472. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 145,472. TABLES/BENCHES/FURNITURE: PROGRAM SERVICE EXPENSES 131,289. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 131,289. SNACK BAR: PROGRAM SERVICE EXPENSES 122,825. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,825. COMPUTER EXPENSES: PROGRAM SERVICE EXPENSES 103,025. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,025. ELECTRICITY: PROGRAM SERVICE EXPENSES 85,015. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,015. GENERAL MAINTENANCE: PROGRAM SERVICE EXPENSES 77,087. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 77,087. WATER MONITORING: PROGRAM SERVICE EXPENSES 76,825. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,825. WATER: PROGRAM SERVICE EXPENSES 76,305. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,305. PERGOLAS: PROGRAM SERVICE EXPENSES 70,807. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,807. WATER IMPROVEMENT PROJECT: PROGRAM SERVICE EXPENSES 67,013. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,013. COST OF SALES: PROGRAM SERVICE EXPENSES 57,520. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,520. POWER BOAT/RENTAL FLEET: PROGRAM SERVICE EXPENSES 53,756. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,756. WELL: PROGRAM SERVICE EXPENSES 51,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,300. BOAT MOTORS: PROGRAM SERVICE EXPENSES 42,643. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,643. TELEPHONE: PROGRAM SERVICE EXPENSES 38,911. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,911. SIGNS: PROGRAM SERVICE EXPENSES 38,751. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,751. UNIFORM/LAUNDRY: PROGRAM SERVICE EXPENSES 30,490. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,490. VEHICLE EXPENSES: PROGRAM SERVICE EXPENSES 23,926. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,926. LIFEGUARD SUPPLIES/EQUIPMENT: PROGRAM SERVICE EXPENSES 19,944. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,944. STAIRS: PROGRAM SERVICE EXPENSES 16,498. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,498.