2024-11-22T09:36:03-05:00 2024-03-31 520783935 SMITH ELLIOTT KEARNS & COMPANY LLC 19 BROOKWOOD AVE STE 101 CARLISLE PA 17015 990 2023-04-01 231699936 LAKE MEADE PROPERTY OWNERS ASSOC IN LAKE 7172599625 4 FORREST DRIVE EAST BERLIN PA 17316 ALYSSA HARRIS MANAGER 7172499625 2024-11-18 true false GREGORY P HALL CPA P00156653 7172439104 2024-11-18 2023 2024-10-15 13:58:12Z ALYSSA HARRIS 4 FORREST DRIVE EAST BERLIN PA 17316 2744287 false X WWW.LAKEMEADE.ORG X 1968 PA A GATED COMMUNITY. 9 9 18 248759 184683 0 2155747 2479923 -30710 197893 87848 66471 2212885 2744287 19382 18800 0 920107 957206 0 0 879304 860175 1818793 1836181 394092 908106 9866435 11014858 396123 636440 9470312 10378418 X LAKE MEADE IS A NON-PROFIT GATED COMMUNITY FORMED FOR THE MANAGEMENT, PROTECTION, AND IMPROVEMENT OF LAKE MEADE COMMON PROPERTY IN THE INTEREST OF THE GENERAL MEMBERSHIP. THE LAKE MEADE SUBDIVISION OF ADAMS COUNTY IS A TRACT OF 1,097.24 ACRES IN READING AND LATIMORE TOWNSHIPS CONTAINING SOME 1,395 LOTS. EVERY PROPERTY OWNER IS A MEMBER OF THE ASSOCIATION. THE MEMBERSHIP IS PROVIDED WITH A VARIETY OF AMENITIES, 300 ACRE LAKE FOR BOATING AND FISHING, SWIMMING POOL, TENNIS COURTS, REC AREAS WHICH INCLUDE DOCKING FACILITIES AND PLAYGROUND APPARATUS, SPORTS AREAS FOR VOLLEYBALL AND BASEBALL AND PICNICKING, AND 18 MILES OF ROADS THAT ARE MAINTAINED BY THE ASSOCIATION. false false OPERATION OF A GATED COMMUNITY false false false false false false false true false true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false true 10 0 true 18 true true true false false false false false false false X 9 9 false false false false true true true true true false false false true true true false true true true false X ALYSSA HARRIS 7172599625 4 FORREST DRIVE EAST BERLIN PA 17316 ALYSSA HARRIS MANAGER 40.00 X 102692 0 19283 JULIE BRANDT DIRECTOR 5.00 X 0 0 0 RAE ANN GINTER DIRECTOR 5.00 X 0 0 0 JAMES KIMES DIRECTOR 5.00 X 0 0 0 DAN MCHUGH VP/SECRETARY 8.00 X X 0 0 0 GIFFORD MOAK DIRECTOR 5.00 X 0 0 0 BILL RECTOR VP,/TREASURE 8.00 X X 0 0 0 VALORIE ROSSI DIRECTOR 5.00 X 0 0 0 MARK SCHARLAU PRESIDENT 11.00 X X 0 0 0 JAMES SIDERIS DIRECTOR 5.00 X 0 0 0 102692 19283 1 false false false SCHNABEL ENGINEERING 10900 NUCKOLS ROAD GLEN ALLEN VA 23060 ENGINEERING 366497 FLYWAY EXCAVATING INC 4070 OLD HARRISBURG PIKE MOUNT JOY PA 17552 WATER RESTORE 139406 GSI POOL FINISHES 152 MATHERS RD AMBLER PA 19002 POOL SERVICES 113978 3 MEMBERSHIP DUES 713990 2309409 2309409 OTHER MEMBER FEES 713990 145088 145088 LATE CHARGES AND COST REIMBUR 713990 25426 25426 2479923 197893 197893 13716 13716 13716 13716 14916 14916 14916 LAKE MEADER-ADVERTISING 900099 37150 37150 MISCELLANEOUS INCOME 900099 689 689 37839 2744287 2495528 248759 18800 121975 681904 8900 53461 90966 19650 11600 16712 44548 31729 152203 560 4937 100 298607 73079 COMMON AREA REPAIRS 94846 SUPPLIES 64855 INCOME TAXES 39015 MISCELLANEOUS 7734 1836181 0 0 0 5936 10442 6038824 6581529 50941 71148 41447 32553 10322964 6006354 3724519 4316610 4768 2576 9866435 11014858 93952 108326 292511 493483 25 9660 34606 396123 636440 X 9470312 10378418 9470312 10378418 9866435 11014858 908106 X false true X true false false true X 350396 350396 2585431 1836177 749254 1044022 732968 311054 6343115 3437209 2905906 4316610 30753 ROU LEASE 2631 SECURITY DEPOSITS 1222 34606 X 2744287 2744287 2744287 1836181 1836181 1836181 SCHEDULE D, PAGE 2, PART IV, LINE 2B BALANCE INCLUDES BUILDING DEPOSITS TO BE RETURNED TO OWNERS AT A FUTURE DATE. SCHEDULE D, PAGE 3, PART X THE ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. AS SUCH, THE ASSOCIATION PAYS NO INCOME TAX ON INCOME FROM MEMBERS. INCOME, WHICH IS NOT RELATED TO MEMBER USE, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL CORPORATE INCOME TAXES. SCHEDULE D, PAGE 4, PART XII, LINE 4B TAX DEPRECIATION ADJUSTMENT -8,330 BOOK / TAX DEPRECIATION DIFFERENCE 8,330 false NORTHEAST ADAMS FIRE & EMS 101 E LOCUST ST EAST BERLIN PA 17316 222866072 501C(3 18800 LOCAL FIRE DEPARTMEN 1 SCHEDULE I, PAGE 1, PART I, LINE 2 NO FORMAL PROCEDURES ARE DEEMED NECESSARY TO MONITOR THE USE OF GRANT FUNDS AS THE LAKE MEADE FIRE AND RESCUE IS LOCATED WITHIN THE LAKE MEADE COMMUNITY AND MONITORED INDIRECTLY. FORM 990 - ORGANIZATION'S MISSION LAKE MEADE IS A NON-PROFIT GATED COMMUNITY FORMED FOR THE MANAGEMENT, PROTECTION, AND IMPROVEMENT OF LAKE MEADE COMMON PROPERTY IN THE INTEREST OF THE GENERAL MEMBERSHIP. THE LAKE MEADE SUBDIVISION OF ADAMS COUNTY IS A TRACT OF 1,097.24 ACRES IN READING AND LATIMORE TOWNSHIPS CONTAINING SOME 1,395 LOTS. EVERY PROPERTY OWNER IS A MEMBER OF THE ASSOCIATION. THE MEMBERSHIP IS PROVIDED WITH A VARIETY OF AMENITIES, 300 ACRE LAKE FOR BOATING AND FISHING, SWIMMING POOL, TENNIS COURTS, REC AREAS WHICH INCLUDE DOCKING FACILITIES AND PLAYGROUND APPARATUS, SPORTS AREAS FOR VOLLEYBALL AND BASEBALL AND PICNICKING, AND 18 MILES OF ROADS THAT ARE MAINTAINED BY THE ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 6 PROPERTY OWNERS ARE MEMBERS OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS ARE NOMINATED BY A NOMINATION COMMITTEE SELECTED BY THE BOARD OF DIRECTORS FROM NON-BOARD MEMBERS. DIRECTORS SERVE A 3 YEAR STAGGERED TERM FOR NO MORE THAN 2 CONSECUTIVE TERMS. THE BOARD OF DIRECTORS SELECTS THE OFFICERS ANNUALLY FROM THEIR BOARD OF DIRECTOR MEMBERS. FOLLOWING THE NOMINATION A VOTE BY MAIL PROXY OR AT THE ANNUAL MEETING ARE OPTIONS FOR THE ELECTION OF DIRECTORS. VOTING MEMBERS ARE LOT OWNERS WITH ONE VOTE PER MEMBER REGARDLESS OF THE NUMBER OF LOTS WHERE LOT OWNERSHIP IS BY MORE THAN ONE PERSON, ONLY ONE MEMBER IS ENTITLED TO VOTE. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERSHIP MUST APPROVE DUES AND ASSESSMENTS IN EXCESS OF A FIVE PERCENT INCREASE PLUS THE RATE OF INFLATION, BY CATEGORY. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PRESENTED TO A FINANCE COMMITEE MEMBER OF THE BOARD AFTER THE REVIEW AND ACCEPTANCE OF THE AUDITED FINANCIAL STATEMENTS BY THE FULL BOARD. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY THE REQUIRED INDVIDUALS MUST DISCLOSRE ANY MATTER WHICH MAY POSE A CONFLICT OF INTEREST. THE BOARD REVIEWS THE DOCUMENTS AND DETERMINES IF A CONFLICT EXISTS. ALL BOARD MEMBERS ACKNOWLEDGE RECEIPT AND UNDERSTANDING OF A LEADERSHIP PRINCIPLE FORM. FORM 990, PAGE 6, PART VI, LINE 15A MANAGEMENT COMPENSATION AS WELL AS ALL FULL TIME EMPLOYES IS REVIEWED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS WHO HAS FINAL APPROVAL. DOCUMENATION OF DELIBERATIONS AND DECISION IS MAINTAINED IN THE MINUTES. PERIODICALLY THERE IS A WAGE STUDY COMPLETED FOR COMPARISON PURPOSES, EG-HOA-POA SURVEY, FOUNDATION FOR COMMUNITY ASSOCIATION COMPENSATION AND SALARY SURVEY, YORK-HANOVER COMPENSATION SURVEY. FORM 990, PAGE 6, PART VI, LINE 15B MANAGEMENT COMPENSATION AS WELL AS ALL FULL TIME EMPLOYES IS REVIEWED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS WHO HAS FINAL APPROVAL. DOCUMENATION OF DELIBERATIONS AND DECISION IS MAINTAINED IN THE MINUTES. PERIODICALLY THERE IS A WAGE STUDY COMPLETED FOR COMPARISON PURPOSES, EG-HOA-POA SURVEY, FOUNDATION FOR COMMUNITY ASSOCIATION COMPENSATION AND SALARY SURVEY, YORK- HANOVER COMPENSATION SURVEY. FORM 990, PAGE 6, PART VI, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S BUSINESS OFFICE WHICH IS LOCATED AT 4 FORREST DRIVE, EAST BERLIN, PA 17316.