2025-04-07T13:12:25-05:00 2024-12-31 351178661 BLUE & CO LLC 627 WASHINGTON STREET COLUMBUS IN 47201 990 2024-01-01 237388359 COUNTRY SQUIRE LAKES COMMUNITY ASSOCIATION INC COUN 8123467841 PO BOX 48 NORTH VERNON IN 47265 MICHAEL MILLER RECEIVER 8123467841 2025-03-04 1 1 STEPHANIE CASTETTER CPA P01887347 8126692800 2025-03-03 2024 2025-03-06 01:10:19Z MICHAEL MILLER PO BOX 48 NORTH VERNON IN 47265 2383689 0 X N/A X 1973 IN MAINTAIN AND IMPROVE THE COMMON REAL PROPERTY FOR THE ENJOYMENT OF THE MEMBERS AND GENERAL PUBLIC. 1 0 8 0 0 0 0 1000000 1158204 1164261 -19639 -16777 500 100 1139065 2147584 11000 0 0 0 334018 298057 0 0 0 1066144 1835547 1411162 2133604 -272097 13980 5270082 5286342 0 480 5270082 5285862 TO PRESERVE AND MAINTAIN COMMUNITY PROPERTY AND TO ENFORCE RULES AND REGULATIONS FOR THE SAFETY AND ENJOYMENT OF THE HOMEOWNERS AND MEMBERS OF THE ASSOCIATION AND THE GENERAL PUBIC. 0 0 1795655 1125426 THE ASSOCIATION PRESERVES AND MAINTAINS 6 LAKES, A DAM, A CLUBHOUSE, BOAT DOCKS, A BAIT SHOP, BEACH, BASKETBALL COURT, PAVILION AND PLAYGROUND. THE ASSOCIATION CONSISTS OF 4,006 LOTS. THERE ARE APPROXIMATELY 1,200 LOT OWNERS OF THE ASSOCIATION. IN ADDITION, THE ASSOCIATION HAS APPROXIMATELY 2,200 ASSOCIATE MEMBERS. THE BY-LAWS DEFINE ASSOCIATE MEMBERS AS A SPOUSE, CHILDREN, FAMILY MEMBERS AND RELATIVES, GUESTS, OR SIGNIFICANT OTHERS OF A LOT OWNER LIVING ON ANY LOT AT THE SAME TIME OR WITH THE LOT OWNER. THEY CAN PARTICIPATE ON ANY ACTIVE COMMITTEE AND HAVE THE RIGHT AND PRIVELEGE TO USE THE COMMON AMENITIES. 2200 THE CLUBHOUSE, BAIT SHOP, AND DOCKS ON THE COMMUNITY PROPERTY ARE AVAILABLE TO THE GENERAL PUBLIC. REVENUE IS GENERATED FROM THE RENTAL OF THESE FACILITIES. CURRENTLY THE RESTAURANT AREA IN THE CLUBHOUSE IS BEING DONATED TO LOCAL AND STATE POLICE FOR USE AS A SPACE TO WORK FROM. A VENDING MACHINE IS ALSO AVAILBALE FOR PUBLIC USE. THE ASSOCIATION CONTRACTS WITH A SUPPLIER TO MAINTAIN AND FILL THE VENDING MACHINES FOR PUBLIC USE. THESE AMENITIES ENHANCE THE ENJOYMENT OF THE COMMUNITY PROPERTY AND PROVIDE CONVENIENCE TO THE MEMBERS AND GENERAL PUBLIC. 1795655 0 1 0 0 0 0 0 0 0 1 0 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 0 0 0 0 0 1 5 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 1 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 IN X THE ORGANIZATION 8123467841 PO BOX 48 NORTH VERNON IN 47265 MICHAEL MILLER RECEIVER 30.00 X X 96943 0 0 96943 0 0 0 0 0 0 PAF CONSTRUCTION LLC PO BOX 525 SEYMOUR IN 47274 CONSTRUCTION 1000000 1 1000000 1000000 MEMBER ASSESSMENTS 531390 1106611 1106611 LEGAL FEES AND COURT C 531390 42514 42514 CLEANUP AND TRASH REMO 531390 7800 7800 OTHER PROGRAM REVENUE 531390 5236 5236 PERMIT AND DECAL INCOM 531390 2100 2100 1164261 19958 19958 100 0 100 100 100 199370 236105 -36735 -36735 -36735 2147584 1127626 0 19958 96943 77554 19389 176838 106103 70735 24276 14566 9710 206370 165096 41274 5076 4061 1015 115113 92090 23023 50996 30598 20398 1156496 1040846 115650 15141 12113 3028 84822 76340 8482 85161 76645 8516 REDEVELOPMENT CLEANUP 50913 40730 10183 BAD DEBT EXPENSE 40106 36095 4011 PROPERTY TAXES 15708 14137 1571 MISCELLANEOUS 7842 7058 784 1803 1623 180 2133604 1795655 337949 0 99234 64755 383328 201068 2154562 2450590 0 4004 2334414 1137472 1228143 1196942 1404815 1368983 5270082 5286342 0 480 0 480 X 0 0 0 0 5270082 5285862 5270082 5285862 5270082 5286342 13980 1800 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 258023 258023 880242 475764 404478 662516 290898 371618 533633 370810 162823 1196942 INVESTMENT IN REAL ESTATE 1368983 C 1368983 FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION IS IN COURT ORDERED RECEIVERSHIP. JENNINGS COUNTY SUPERIOR COURT APPOINTED MIKE MILLER AS RECEIVER OF COUNTRY SQUIRE LAKES COMMUNITY ASSOCIATION INC (CSL) ON MAY 12, 2015. AT THAT TIME, FULL GOVERNANCE OF THE ASSOCIATION WAS ASSUMED BY THE APPOINTED RECEIVER WHO TOOK CONTROL OF THE ASSOCIATION FROM THE BOARD. ALL VOTING RIGHTS OF MEMBERS ARE SUSPENDED INDEFINITELY. THE RECEIVER ATTENDS A QUARTERLY HEARING IN JENNINGS COUNTY SUPERIOR COURT TO REVIEW ANY MAJOR FINANCIAL DEALINGS OR CHANGES TO THE OPERATING STRUCTURE. HE ALSO MEETS QUARTERLY WITH AN ADVISORY COMMITTEE MADE UP OF ONE JENNINGS COUNTY COMMISSIONER, A REPRESENTATIVE FROM BANK HOLDING MORTGAGE, AND ONE FORMER CSL MEMBER. THERE ARE TWO MAIN REASONS THE COURT ORDERED A RECEIVER. DURING LAWSUIT PROCEEDINGS WITH A LOT OWNER FOR SEVERAL YEARS OF BACK ASSESSMENTS ON MULTIPLE LOTS, BOARD'S MIS-MANAGEMENT OF MEMBER'S ASSESSMENTS AND DETERIORATION OF ASSOCIATION PROPERTY WAS ALLEGED AS REASONS FOR NON-PAYMENT. ALSO, THE BANK, A SECURED CREDITOR OF THE ASSOCIATION, DECIDED TO FORECLOSE THE MORTGAGE LOAN. SINCE THE RECEIVER WAS APPOINTED, THE MORTGAGE LOAN HAS BEEN SIGNIFICANTLY PAID DOWN WITH COLLECTION OF BACK ASSESSMENTS FROM SEVERAL LOT OWNERS. ASSOCIATION PROPERTY IS STEADILY BEING CLEANED UP AND REPAIRED, AND HOA REGULATIONS ARE BEING ENFORCED. WHILE IT WILL TAKE YEARS TO GET THE ASSOCATION PROPERTY COMPLETELY CLEANED UP, THE RECEIVER HAS ALREADY MADE PROGRESS AS LOT OWNERS HAVE RENEWED HOPE FOR THE FUTURE. WITH CONTINUED OVERSIGHT AND PROGRESS, THE GOALS ARE TO IMPROVE THE ENVIRONMENT, RESTORE PROPERTY VALUES, AND BRING BACK NORMAL BOARD GOVERNANCE IN THE FUTURE. ACCOUNTING IS CURRENTLY PROVIDED BY THE ORGANIZATION. THE ASPIRATION FOR THE FUTURE IS FOR CSL TO BE THOUGHT OF AS CLEAN, SAFE LIVING! FORM 990, PART VI, SECTION A, LINE 7A ON MAY 12, 2015, JENNINGS COUNTY SUPERIOR COURT APPROVED AND ORDERED RECEIVERSHIP OF ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B ON MAY 12, 2015, JENNINGS COUNTY SUPERIOR COURT JUDGE APPROVED AND ORDERED RECEIVERSHIP OF ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. THE RETURN IS THEN REVIEWED BY THE RECEIVER, WHO APPROVES THE FILING OF THE RETURN. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ASSOCIATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY.