2024-08-13T15:13:29-05:00 2024-03-31 351515068 MONROE SHINE & CO INC CPA'S PO BOX 22039 LOUISVILLE KY 402529804 990 2023-04-01 611121349 OWL CREEK COMMUNITY ASSOCIATION INC OWLC 5022442550 10607 HOBBS STATION RD LOUISVILLE KY 40223 MEREDITH CULL VICE PRESIDENT 5022442550 2024-08-13 1 0 JEREMY M FINN CPA P00814819 5024230311 2023 2024-08-08 14:25:15Z MEREDITH CULL 10607 HOBBS STATION RD LOUISVILLE KY 40223 940226 0 X WWW.OWLCREEKCOMMUNITY.COM X 1986 KY TO MANAGE THE HOMEOWNER ASSOCIATION'S BUILDINGS, EQUIPMENT, COMMON GROUNDS, AND AMENITIES; ORGANIZE AND PROVIDE SOCIAL ACTIVITIES FOR THE HOMEOWNERS. 9 9 29 58 27176 21731 0 0 838907 908066 6022 20776 20209 11384 865138 940226 0 0 0 0 134576 114430 0 0 0 805675 787981 940251 902411 -75113 37815 2482785 2635757 1189016 1304173 1293769 1331584 TO MANAGE THE HOMEOWNER ASSOCIATION'S BUILDINGS, EQUIPMENT, COMMON GROUNDS, AND AMENITIES; ORGANIZE AND PROVIDE SOCIAL ACTIVITIES FOR THE HOMEOWNERS. 0 0 OPERATION AND MANAGEMENT OF SPORT CENTER FOR RESIDENTS, SWIM TEAM ACITVITY, PRIVATE PARTIES, SPORT CENTER RENTAL, AND SOCIAL ACTIVITIES FOR RESIDENTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 29 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 KY X COMPANY 5022442550 10607 HOBBS STATION RD LOUISVILLE KY 40223 X JOSH RICHARDSON PRESIDENT 4.00 X X 0 0 0 BRIAN GAHWYLER VICE PRESIDENT 4.00 X X 0 0 0 MEREDITH CULL TREASURER 4.00 X X 0 0 0 JIM JULIAN SECRETARY 4.00 X X 0 0 0 ADAM NORRENBROCK ARCHITECTURAL CHAIR 4.00 X 0 0 0 ASHLEY ADAMS COMMUNICATIONS CHAIR 4.00 X 0 0 0 MATT ZINSER LANDSCAPE CHAIR 4.00 X 0 0 0 CHARLES IVES SECURITY CHAIR 4.00 X 0 0 0 SIMONE HOEHN SOCIAL CHAIR 4.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBER ASSESSMENTS 713990 801863 801863 SWIM TEAM 713940 39059 39059 ACTIVITIES 713990 33978 33978 PRIVATE PARTIES 713990 22106 22106 SPORT CENTER RENTAL 713990 11048 11048 12 12 908066 20776 20776 NEWSLETTER ADVERTISING 541800 6400 6400 OTHER INCOME 713990 4320 4320 GUEST FEES 713990 564 564 100 100 11384 940226 913050 27176 0 100369 6840 7221 727 19513 8177 212354 141036 15333 UBI TAX 5943 GROUND MAINTENANCE 154380 POOL 96554 ACTIVITIES 50438 83526 902411 16946 49187 1397534 1355834 33398 2647 1908 5315 3792747 2569973 1032999 1222774 2482785 2635757 9947 113420 580653 592337 598416 598416 1189016 1304173 X 1293769 1331584 1293769 1331584 2482785 2635757 37815 0 X X 1 X 0 1 0 308625 308625 1919275 1562445 356830 30967 25800 5167 1533880 981728 552152 1222774 CONTRACT LIABILITIES 598416 598416 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT PROVIDE FOR INCOME TAXES. THE ORGANIZATION HAS IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. UNDER THAT GUIDANCE, TAX POSITIONS NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF MARCH 31, 2024, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION FILES FEDERAL FORM 990. THE ORGANIZATION IS NOT CURRENTLY BEING EXAMINED AND MANAGEMENT BELIEVES ITS TAX-EXEMPT STATUS WOULD BE UPHELD UNDER EXAMINATION. FORM 990, PART VI, SECTION A, LINE 6 HOMEOWNERS ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THERE IS AN ANNUAL ELECTION BY ALL MEMBERS FOR BOARD MEMBER VACANCIES AND EXPIRED BOARD TERMS. POSITIONS ARE FILLED BY NOMINATION AND DIRECTORS ARE ELECTED BY POPULAR VOTE. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE ONLY SUBJECT TO MEMBER APPROVAL IF THEY ARE CHANGING DEED RESTRICTIONS OR AN INCREASE IN ASSESSMENT ABOVE 25% IN ANY BUDGET PERIOD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ANNUALLY REVIEW THE SIGNED CONFLICT OF INTEREST STATEMENTS FROM OFFICERS, DIRECTORS AND MANAGERS TO DETERMINE IF ANY CONFLICTS EXIST. ANY SUCH PERSON WHO DISCLOSES AN ACTUAL OR POTENTIAL CONFLICT WILL BE PROHIBITED FROM PARTICIPATING IN ANY DELIBERATIONS AND DECISIONS REGARDING THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C NO CHANGES WERE MADE TO THIS PROCESS DURING THE YEAR.