2024-08-08T09:34:22+00:00 2023-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-01-01 546060435 Reston Association REST 7034357980 12001 Sunrise Valley Drive Reston VA 20191 MICHAEL CUMMINS CEO 2024-08-08 true true Amy Bibby P00445891 8282542254 2024-08-08 2023 2024-08-08 14:25:15Z MICHAEL CUMMINS 12001 Sunrise Valley Drive Reston VA 20191 22050943 false X www.reston.org X 1964 VA See Schedule O. 9 9 617 1213 108898 0 18114 38568 20403191 21776825 152084 100134 132172 135416 20705561 22050943 0 0 0 0 10633534 11382468 0 0 0 7743961 8213760 18377495 19596228 2328066 2454715 50513391 53132483 11915410 11470086 38597981 41662397 SEE SCHEDULE O. false false 12018030 21667927 Successfully operated and managed numerous outdoor recreation facilities and provided improvements to many to increase their use. Implemented new strategies for open space management including aquatic plant management and parcel inspections. Responded to multiple storm events requiring emergency services. 12018030 false true false true false true false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false true 91 0 true 617 true true true false false false false false false false X 9 9 false false false false true true true true true false false true true true true true true true true false VA X Thomas Diehl 7034357980 12001 Sunrise Valley Drive Reston VA 20191 Irwin Flashman Secretary (Rotated Off) 10.0 X X 0 0 0 Jennifer Jushchuk Vice President 10.0 X X 0 0 0 John Farrell President 15.0 X X 0 0 0 Mike Collins Secretary (rotated off) 10.0 X X 0 0 0 Robert Petrine Treasurer 10.0 X X 0 0 0 Sarah Selvaraj-D'Souza President (rotated off) 15.0 X X 0 0 0 Travis Johnson Secretary 10.0 X X 0 0 0 Jalal Mapar Board Member 10.0 X 0 0 0 Laurie Dodd Board Member 10.0 X 0 0 0 Margaret Perry Board Member 10.0 X 0 0 0 Trevor Grywatch Board Member 10.0 X 0 0 0 Michael Cummins CEO 40.0 X 240418 0 36699 Peter Lusk COO 40.0 X 78315 0 2576 Anthony Champ General Counsel 40.0 X 156084 0 29056 Cameron Adams Director of Covenants 40.0 X 158594 0 20500 Laura Kowalski Director of Rec & Envir Ed 40.0 X 135401 0 28230 Mike McNamara Director of Maint & Nat Rec 40.0 X 134161 0 29094 Samara Kendrick Director - HR & Administrative 40.0 X 138663 0 869 1041636 0 147024 10 false true false Hubert Construction LLC 15800 Crabbs Branch Way Suite 120 Rockville MD 20855 Construction 2502112 Reston Corner Virginia LLC PO Box 67214 Newark NJ 07101 Facility Lease 977921 Total Development Solutions 8031 Industrial Park Court Bristow VA 20136 Construction 523079 Chadwick Washington Moriarty Elmore & Bunn PC 3201 Jermantown Rd Suite 600 Fairfax VA 22030 Legal 288150 WIPFLI LLP PO Box 3160 Milwaukee WI 53201 IT Professional Services 135087 6 38568 38568 Membership Dues 531390 16308844 16308844 Operating Programs 713990 2744774 2711529 33245 Recreation Programs 713990 1376471 1300818 75653 Mgmt & Staff Services 541800 1346736 1346736 0 0 0 0 21776825 96085 96085 135416 135416 0 135416 135416 4049 4049 0 4049 4049 0 0 0 0 0 22050943 21667927 108898 235550 318733 198502 120231 8940396 5801570 3138826 329370 205127 124243 1081988 673847 408141 711981 443412 268569 457354 457354 79839 79839 11000 11000 41404 41404 928718 166022 762696 0 46345 46345 557818 349682 208136 317234 37680 279554 1360574 486134 874440 1838776 1838776 897675 600964 296711 Other Expenses 311671 86221 225450 Vehicle Expense 157016 152972 4044 Chemicals 111373 111373 Program Supplies 203507 196274 7233 893456 669474 223982 0 19596228 12018030 7578198 0 10344109 10410361 1602273 1253048 0 0 0 447929 543269 66084492 35542780 27757692 30541712 5156271 5724102 0 0 5205117 4659991 50513391 53132483 2085342 2254288 1853294 1993423 0 7976774 7222375 11915410 11470086 X 36797421 38069420 1800560 3592977 38597981 41662397 50513391 53132483 2454715 609701 0 X X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false X X X 41 254.0 0 0 0 1 true 4211.0 0 7535756 7535756 41132672 22799003 18333669 2750459 2115678 634781 6894299 6085303 808996 7771306 4542796 3228510 30541712 OPERATING LEASE RIGHT-OF-USE ASSET (NET) 4659991 4659991 Deferred Compensation 567103 OPERATING LEASE OBLIGATIONS 6655272 7222375 X Schedule D, Part II, Line 9 Conservation easements financial reporting Non-Monetary Transaction - Wetland Studies submits a plat and requests conservation easement; RA bears no expense as Wetland Studies furnishes the recording fee. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Reston Association is exempt from federal income tax under Section 501(c)(4) of the Internal Revenue Code (the IRC). However, the Reston Association is required to report unrelated business income to the Internal Revenue Service (the IRS) and the Commonwealth of Virginia taxing authorities. The Reston Association's unrelated business income consists of facility rental, pool rental, day care, vending machine income, advertising income and small group swimming and tennis lessons. There is no current liability for income taxes and no temporary differences resulting in deferred taxes. The Friends of Reston is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code and has no sources of unrelated business income. The Friends of Reston is not considered by the IRS to be a private foundation. Under ASC 740-10, "Accounting for Uncertainty in Income Taxes", the Organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will be sustained. The Organization does not believe there are any unrecognized tax benefits that should be recorded. The Organization is still open to examination by taxing authorities from the year 2018 forward. The Association has determined that they do not have any material unrecognized tax benefits or obligations as of December 31, 2023. X X false false false false false false false false false Michael Cummins CEO 240418 0 0 0 0 0 12025 0 24674 0 277117 0 0 0 Laura Kowalski Director of Rec & Envir Ed 135401 0 0 0 0 0 9874 0 18356 0 163631 0 0 0 Mike McNamara Director of Maint & Nat Rec 134161 0 0 0 0 0 9784 0 19310 0 163255 0 0 0 Cameron Adams Director of Covenants 158594 0 0 0 0 0 11426 0 9074 0 179094 0 0 0 Anthony Champ General Counsel 156084 0 0 0 0 0 10793 0 18263 0 185140 0 0 0 Form 990, Part I, Line 1 Organization's Mission Statement To interpret, administer, and enforce the protective covenants and restrictions of the Reston Deed (Deed) in such a manner as to conserve, protect, and enhance the value of all real property subject to the deed; for the benefit of the members, to acquire, own, sell, mortgage, convey, encumber, and lease property, real or personal, and to improve, administer, and maintain such property in neat and good order; provided, however, that the recreational facilities of the association and other common area shall be intended for the use and benefit, primarily, of the members, provided further, however, that the board and the association may allow the use of the recreational facilities by non-members. To assess, collect, and disburse the assessments and charges authorized by the deed; to promote the peace, health, comfort, safety, and general welfare of the members; to do any and all lawful things and acts that it, in its discretion, may deem to be for the benefit of the property an the owners and inhabitants thereof; and to exercise the powers now or hereafter conferred by law on Virginia Nonstock Corporations as may be necessary or desirable to accomplish the purposes set forth above. Form 990, Part VI, Line 6 Classes of members or stockholders There are three classes of members: (1) Category A. Category A members shall include all owners of lots except lots owned by Category B members. (2) Category B. Category B Members shall include all owners of lots on which a multifamily dwelling is constructed. Category B membership shall terminate forever and be converted to Category A membership when the aggregate number of apartment units represents less than five percent of the total number of lots and apartment units on the property. (3) Category C. Category C members shall be all occupants of residential units on the property. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The governing body consists of 9 voting directors elected by the members described in 990 Part VI, question 6 and the treasurer is elected by the board. Voting rights are as follows: (1) Category A Members: For purposes of electing directors: Voting on amendments to the Reston documents; and such other matters as may be provided for in the Reston documents; or brought to them by the Board of Directors, a Category A member shall be entitled to cast one vote per lot owned. No more than one Caegory A vote per lot may be cast. (2) Category B members: (I) for purposes of electing the director provided for in deed section III.5(A) (1) and voting on amendments as provided in deed section VIII.2(B), each category B member shall have the number of votes equal to the number of apartment units constructed on his lot or lots. (II) For porposes of voting on amendments to provisions of the Reston documents, other than those enumerated in deed section VIII.2(B); and such other matters as may be provided for in the Reston documents; or brought to them by the Board of Directors, each Category B member shall have one vote for each lot owned on which a multifamily dwelling is constructed. (III) Upon termination of the Category B membership, each such member shall become a Category member, entitled to exercise one vote for each lot owned. (3) Category C Members: For purposes of electing directors, a Category C member shall be entitled to cast one vote for the residential unit he occupies. No more than one Category C vote per unit may be cast. Except as may be provided in the bylaws, in all other cases a Category C member shall not be entitled to vote. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Certain transactions require that a referendum of the community members be held to authorize board decisions. Form 990, Part VI, Line 11b Review of form 990 by governing body A copy of the Form 990 and 990-T is presented to the Fiscal Committee and the Board of Directors at seperate meetings for review before it is filed. The Fiscal Committee has one elected Board Member and the Treasurer, as well as up to 7 other community members who are financial professionals or financially literate. Form 990, Part VI, Line 12c Conflict of interest policy The conflict of interest policy is provided in writing and discussed with all board members anually, who must sign a copy and agree to its terms before joining the board. They must also submit a list of items which may indicate conflicts of interest. The CEO, departmental directors and officers of the association are also required to execute a similar document. Board members who have a potential direct or indirect conflict of interest may participate in the discussion of the matter and may vote or abstain on such matter. However, no action shall be taken on such matters except by affirmative vote of a majority of disinterested directos then serving. Anyone who suspects a board member of having an undisclosed conflict of interest may bring their concerns to the executive committee, which will look into the matter and take appropriate action, up to removal of the director from the board. Form 990, Part VI, Line 15a Process to establish compensation of top management official A committee of the board of directors evaluates the CEO's performance and determines compensation on an annual basis. The CEO evaluates key employees' performance using an established performance appraisal system and awards any increase based on merit. Once a year, comparability data for the organization's salary structure is obtained for updating purposes. Form 990, Part VI, Line 15b Process to establish compensation of other employees A committee of the board of directors evaluates the CEO's performance and determines compensation on an annual basis. The CEO evaluates key employees' performance using an established performance appraisal system and awards any increase based on merit. Once a year, comparability data for the organization's salary structure is obtained for updating purposes. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy, and financial statements are available on the organization's website, www.reston.org. Form 990, Part XII, Line 2c Change of oversight process or selection process OVERSIGHT OF AUDIT: THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. Friends of Reston For Community Projects 12001 Sunrise Valley Drive Reston VA 20191 541963597 Supports RA VA 501(c)(3) Type I NA false false true true false false false false false false false false false true true true false false false false