2024-06-05T13:25:05-05:00 2023-12-31 330244756 OWENS MOSKOWITZ AND ASSOCIATES INC 27792 EL LAZO LAGUNA NIGUEL CA 92677 990 2023-01-01 330400250 SUMMIT COMMUNITY ASSOCIATION C/O FIRSTSERVICE RESIDENTIAL SUMM 9494486000 15241 LAGUNA CANYON ROAD IRVINE CA 92618 MAJID MALEKI PRESIDENT 9494486000 2024-05-31 1 MAJID MALEKI 999009999 0 ROBERT A OWENS CPA P01414999 9498515020 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z MAJID MALEKI 15241 LAGUNA CANYON ROAD IRVINE CA 92618 2220314 0 X N/A X 1989 CA THE ASSOCIATION IS OBLIGATED TO MAINTAIN LANDSCAPING AND COMMON AREAS AND PARKS ACCESSIBLE TO THE COMMUNITY AND THE GENERAL PUBLIC. 5 5 0 0 0 0 1881180 1970760 0 0 72225 235376 67251 14178 2020656 2220314 0 0 0 0 0 0 0 0 0 1846880 1807854 1846880 1807854 173776 412460 6860425 7326584 137556 191255 6722869 7135329 X 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 ANAHEIM HILLS, CALIFORNIA. 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 3,700. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION OWNS AND MAINTAINS COMMON AREAS SURROUNDING A COMMUNITY PARK AND HORSE TRAILS. ALL FACILITIES ARE AVAILABLE TO RESIDENTS AND THEIR GUESTS ON AN UNRESTRICTED BASIS. 0 0 1550716 SEE SCHEDULE O 1550716 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X FIRSTSERVICE RESIDENTIAL 9494486000 15241 LAGUNA CANYON ROAD IRVINE CA 92618 X MAJID MALEKI PRESIDENT 2.00 X 0 0 0 STEVE FEITLIN V.P. 2.00 X 0 0 0 WILLIAM VAN WINKLE SECRETARY 2.00 X 0 0 0 LAWRENCE DICK TREASURER 2.00 X 0 0 0 TERRY HESTER MEMBER AT LARGE 2.00 X 0 0 0 0 0 0 0 0 0 0 O'CONNELL LANDSCAPE 23091 ARROYO VISTA RSM CA 92688 MONTHLY LANDSCAPE SERVICE 1089581 FIRSTSERVICE RESIDENTIAL 15241 LAGUNA CANYON ROAD IRVINE CA 92618 MONTHLY MANAGEMENT & ADMIN. SUPPORT 159884 2 1970760 1970760 235376 235376 OTHER INCOME 531390 14178 14178 14178 2220314 249554 0 0 117763 117763 23637 23637 2348 2348 65821 65821 LANDSCAPE 1102783 1102783 WATER 233581 233581 ADMINISTRATIVE 62019 62019 PEST CONTROL 35047 35047 164855 113484 51371 1807854 1550716 257138 0 163631 180351 6644740 7051304 37657 80831 14397 14098 6860425 7326584 80868 124410 54455 44110 2233 22735 137556 191255 X 1620549 1664394 5102320 5470935 6722869 7135329 6860425 7326584 412460 0 X 0 0 0 1 0 0 0 INCOME TAXES PAYABLE 22735 22735 1835830 0 1835830 384484 384484 2220314 1791985 0 1791985 15869 15869 1807854 PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN DEFERRED ASSESSMENTS PER FASB 606 BAD DEBT SHOWN AS CONTRA INCOME ON AUDIT PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT SHOWN AS CONTRA INCOME ON AUDIT FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION USED THE SERVICES OF MERIT PROPERTY MANAGEMENT (FROM SEPT. 2010 TO PRESENT) TO HANDLE DAY TO DAY OPERATIONS OF THE DEVELOPMENT INCLUDING COLLECTIONS, BILL PAYMENTS, HOMEOWNER ASSISTANCE, ETC. THE BOARD HAS THE ULTIMATE RESPONSIBILITY FOR AUTHORIZING PAYMENTS, SELECTING VENDORS, AND APPROVING THE BUDGET. FORM 990, PART VI, SECTION A, LINE 6 UPON PURCHASE OF A HOME WITH 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 1,493 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 APPROVAL OF THE MEMBERSHIP. SPECIAL ASSESSMENTS IN EXCESS OF 5% OF THE BUDGET ARE ALSO SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B UPON PREPARATION, A COPY OF FORM 990 IS PROVIDED TO THE ASSOCIATION'S BOARD OF DIRECTORS FOR REVIEW. UPON APPROVAL, THE BOARD'S TREASURER SIGNS THE RETURN AS BOARD REPRESENTATIVE AND MAILS THE FORM TO THE OGDEN, UT PROCESSING CENTER. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION RETAINS THE SERVICES OF A MANAGEMENT COMPANY TO MONITOR BOARD ACTIVITY AND DOCUMENT THE MINUTES OF THE BOARD MEETINGS. THE MANAGEMENT COMPANY PROVIDES THE MEMBERSHIP WITH CANDIDATE INFORMATION IN CONJUNCTION WITH ELECTION MEETINGS. 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.