2024-04-12T13:31:43-05:00 2023-06-30 330244756 OWENS MOSKOWITZ AND ASSOCIATES INC 27792 EL LAZO LAGUNA NIGUEL CA 92677 990 2022-07-01 952652658 BELL CANYON ASSOCIATION BELL 9498551800 30 HACKAMORE LANE 8 BELL CANYON CA 91307 KEVIN KEEGAN CO-PRESIDENT 9498551800 2024-04-11 1 KEVIN KEEGAN 999009999 0 ROBERT A OWENS CPA P01414999 9498515020 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X KEVIN KEEGAN 30 HACKAMORE LANE 8 BELL CANYON CA 91307 2820850 0 X WWW.BELLCANYON.COM X 1969 CA THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY PROVIDING FOR THE PRESERVATION OF THE ARCHITECTURE AND APPEARANCE OF THE COMMUNITY, AND BY OWNING, OPERATING, AND MAINTAINING THE PROPERTIES FOR USE OF ALL RESIDENTS IN THE ENTIRE COMMUNITY ON CERTAIN REAL PROPERTY LOCATED IN THE UNINCORPORATED PORTION OF VENTURA COUNTY, CALIFORNIA KNOWN AS BELL CANYON.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 ASSOCIATION IS APPROXIMATELY 3,500. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION OWNS AND MAINTAINS STREETS, TRAILS, AND COMMON AREA LANDSCAPE WITHIN THE COMMUNITY. THIS AREA IS AVAILABLE TO RESIDENTS AND THEIR GUESTS IN ACCORDANCE WITH THE ASSOCIATION'S GOVERNING DOCUMENTS. 8 8 45 0 0 0 2653910 2652928 0 0 7052 57740 155781 110182 2816743 2820850 0 0 0 0 1406329 1352951 0 0 0 1378623 8487996 2784952 9840947 31791 -7020097 8292050 6157112 1152355 6037514 7139695 119598 SEE STATEMENT O 0 0 1360499 SEE STATEMENT O 1360499 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 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 1 0 0 1 20 0 45 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 CA X SEABREEZE MANAGEMENT 9498551800 26840 ALISO VIEJO PKWY STE 100 ALISO VIEJO CA 92656 X ERIC WOLF PRESIDENT 2.00 X X 0 0 0 DANIEL SAMIMI VICE PRESIDENT 2.00 X X 0 0 0 LISA RICCOMINI SECRETARY 2.00 X X 0 0 0 RICHARD LEVY TREASURER 2.00 X X 0 0 0 STEVE KENT SECOND VICE PRESIDENT 2.00 X X 0 0 0 MELISSA RAFF MEMBER AT LARGE 2.00 X 0 0 0 SEAN WAGMEISTER MEMBER AT LARGE 2.00 X 0 0 0 YOSSI KVIATKOVSKY MEMBER AT LARGE 2.00 X 0 0 0 DIANE ROSSITER GENERAL MANAGER 40.00 X 130289 0 0 130289 0 0 1 0 0 0 HUDOCK EMPLOYMENT LAW GROUP 515 S FLOWER ST 1220 LOS ANGELES CA 90071 LEGAL 544525 BORDIN SEMMER 6100 CENTER DR 1100 LOS ANGELES CA 90045 LEGAL 469069 PARISER & PARISER 1925 CENTURY PARK E 2000 LOS ANGELES CA 90067 LEGAL 348978 ROXBOROUGH POMERANCE NYE & ADREANI 5900 CANOGA AVE 450 WOODLAND HILLS CA 91367 LEGAL 141638 GOLD TRIAL SERVICES 1801 CENTURY PARK E 24TH FL LOS ANGELES CA 90067 CONSULTING 124994 5 2652928 2652928 57740 57740 ARCHITECTURAL DESIGN F 531390 55037 55037 OTHER INCOME 531390 30093 30093 HOLIDAY BONUS FUND 531390 25052 25052 110182 2820850 167922 0 0 130289 130289 1010806 757983 252823 23248 13348 9900 92073 72444 19629 96535 55524 41011 1955348 1955348 29711 29711 90636 90636 16431 16431 283149 283149 JUDGEMENT - DAMAGES/ATT 4912084 4912084 LEGAL SETTLEMENT 725000 725000 ADMINISTRATIVE 114591 114591 ARCHITECTURAL COMMITTEE 79926 79926 281120 274207 6913 9840947 1360499 8480448 0 1383607 999679 5337605 3610425 52627 24487 86792 102653 756295 502785 269941 253510 1161478 1166358 8292050 6157112 170483 337490 86519 71282 895353 5628742 1152355 6037514 X 7139695 119598 7139695 119598 8292050 6157112 -7020097 0 X 0 1 X 0 0 1 0 0 157025 157025 122888 47993 74895 476382 454792 21590 253510 INVESTMENT IN SUBSIDIARIES 1151516 CLEARING ACCOUNT 14842 1166358 ACCRUED PAYROLL 99364 CONSTRUCTION DEPOSITS 617294 LEGAL SETTLEMENT PAYABLE 4912084 5628742 X 4380124 1559274 1559274 2820850 0 2820850 10446249 695938 695938 9750311 90636 90636 9840947 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 JUNE 30, 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 THE YEAR ENDED JUNE 30, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY REVENUE CONSOLIDATED ON AUDIT RESERVE ASSESSMENTS RECOGNIZED UNDER FASB 606 PART XII, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY EXPENSES CONSOLIDATED ON AUDIT PART XII, LINE 4B - OTHER ADJUSTMENTS: LEASE PAYMENTS TO BELL CANYON COMMUNITY CENTER 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 50% OF THE 789 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 THE BOARD IS PROVIDED WITH A COPY OF THE FORM 990 FOR REVIEW. UPON APPROVAL, A BOARD MEMBER SIGNS THE ELECTRONIC AUTHORIZATION FORM AND THE RETURN IS TRANSMIT TO THE TAXING AUTHORITIES. 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. BELL CANYON COMMUNITY CENTER 30 HACKAMORE LANE BELL CANYON CA 91307 770428544 MANAGEMENT CA C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY PROVIDING FOR THE PRESERVATION OF THE ARCHITECTURE AND APPEARANCE OF THE COMMUNITY, AND BY OWNING, OPERATING, AND MAINTAINING THE PROPERTIES FOR USE OF ALL RESIDENTS IN THE ENTIRE COMMUNITY ON CERTAIN REAL PROPERTY LOCATED IN THE UNINCORPORATED PORTION OF VENTURA COUNTY, CALIFORNIA KNOWN AS BELL CANYON.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 ASSOCIATION IS APPROXIMATELY 2,000. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION OWNS AND MAINTAINS STREETS, TRAILS, A GUARDHOUSE, AND COMMON AREA LANDSCAPE WITHIN THE COMMUNITY. THIS AREA IS AVAILABLE TO RESIDENTS AND THEIR GUESTS IN ACCORDANCE WITH THE ASSOCIATION'S GOVERNING DOCUMENTS.