KINGSTOWNE RESIDENTIAL OWNERS CORPORATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- KINGSTOWNE RESIDENTIAL OWNERS CORPORATION (EIN 54-1449949)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-08-30
- IRS object ID
- 201822429349301002
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-08-30T14:22:32-04:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541383985 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALVIN RIGGINS & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20130 LAKE VIEW CENTER PLAZA SUITE | AddressLine1Txt |
| City | ASHBURN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20147 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541449949 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KINGSTOWNE RESIDENTIAL OWNERS CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KING | BusinessNameControlTxt |
| Phone | 7039229477 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6090 KINGSTOWNE VILLAGE PARKWAY | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22315 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEANNE MCCARROLL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7039229477 | PhoneNum |
| Signature | 2018-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIMBERLY B CALHOUN CPA | PreparerPersonNm |
| PTIN | P00792008 | PTIN |
| Phone | 7037232838 | PhoneNum |
| Preparation | 2018-08-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KATHY BEULNE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6090 KINGSTOWNE VILLAGE PARKWAY | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23315 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,066,104 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.KINGSTOWNE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE THE HEALTH, SAFETY, AND WELFARE OF THE RESIDENTS AND ENFORCE ALL COVENANTS AND RESTRICTIONS IN ACCORDANCE WITH THE GOVERNING DOCUMENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 23 | TotalEmployeeCnt |
| Total Volunteers | 99 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,945,936 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,972,629 | CYProgramServiceRevenueAmt |
| PY Investment Income | $78,178 | PYInvestmentIncomeAmt |
| CY Investment Income | $93,475 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,024,114 | PYTotalRevenueAmt |
| CY Total Revenue | $6,066,104 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $736,130 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $737,316 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,531,322 | PYOtherExpensesAmt |
| CY Other Expenses | $4,346,867 | CYOtherExpensesAmt |
| PY Total Expenses | $5,267,452 | PYTotalExpensesAmt |
| CY Total Expenses | $5,084,183 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $756,662 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $981,921 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,369,830 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,975,989 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $662,967 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $328,590 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,706,863 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,647,399 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROMOTE THE HEALTH, SAFETY, AND WELFARE OF THE RESIDENTS AND ENFORCE ALL COVENANTS AND RESTRICTIONS IN ACCORDANCE WITH THE GOVERNING DOCUMENTS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $4,833,419 | ExpenseAmt |
| Desc | OPERATION OF POOLS, TENNIS COURTS, AND ASSOCIATION OFFICES TO MAINTAIN ALL COMMON PROPERTY AND PROMOTE THE HEALTH, SAFETY, AND WELFARE OF THE COMMUNITY. | Desc |
| Total Program Service Expenses | $4,833,419 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 23 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRSTSERVICE RESIDENTIAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7033851133 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11351 RANDOM HILLS ROAD 500 | AddressLine1Txt |
| City | FAIRFAX | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KATHLEEN SNYDER | ||||||
| PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVE ROBBINS | ||||||
| VP - LAND US | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CYNTHIA JACOBS CARTER | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JEANNE MCCARROLL | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MICHAEL LAMARCHE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TIM NANK | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PALMER'S PROPERTY MAINTENANCE | |||||
| PO BOX 710025 | OAK HILL | VA | 201710025 | IMPROVEMENTS | $864,236 |
| FIRSTSERVICE RESIDENTIAL | |||||
| 11351 RANDOM HILLS ROAD SUITE 500 | FAIRFAX | VA | 22030 | MANAGEMENT | $629,626 |
| REPUBLIC SERVICES | |||||
| 4619 WEST OX ROAD | FAIRFAX | VA | 22030 | TRASH REMOVAL | $588,412 |
| DOMINION PAVING & SEALING | |||||
| PO BOX 309 | HERNDON | VA | 20151 | MAINT. & REPAIR | $436,086 |
| NV POOLS | |||||
| 4010 WALNEY ROAD SUITE A | CHANTILLY | VA | 20151 | POOL SERVICE | $302,091 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | 900099 | $5,516,987 | $5,516,987 |
| MEMBERSHIP FEES | 900099 | $331,914 | $331,914 |
| CLUB HOUSE RENTAL | 900099 | $123,728 | $123,728 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,972,629 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $93,475 | TotalRevenueColumnAmt |
| Exclusion | $93,475 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,066,104 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,972,629 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $93,475 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $581,947 | TotalAmt |
| Program Services | $581,947 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,688 | TotalAmt |
| Program Services | $110,688 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,681 | TotalAmt |
| Program Services | $44,681 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,840 | TotalAmt |
| Management And General | $128,840 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,832 | TotalAmt |
| Program Services | $178,687 | ProgramServicesAmt |
| Management And General | $98,145 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,575 | TotalAmt |
| Management And General | $14,575 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,952 | TotalAmt |
| Program Services | $22,952 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,106 | TotalAmt |
| Program Services | $61,106 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,757 | TotalAmt |
| Program Services | $85,757 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,836 | TotalAmt |
| Program Services | $42,632 | ProgramServicesAmt |
| Management And General | $9,204 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| GENERAL MAINTENANCE | $1,294,141 | $1,294,141 |
| CAPITAL IMPROVEMENTS | $805,104 | $805,104 |
| TRASH | $587,382 | $587,382 |
| FITNESS CONTRACT | $253,119 | $253,119 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $765,223 | TotalAmt |
| Program Services | $765,223 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,084,183 | TotalAmt |
| Program Services | $4,833,419 | ProgramServicesAmt |
| Management And General | $250,764 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,314,777 | BOYAmt |
| EOY | $581,776 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,210,336 | BOYAmt |
| EOY | $6,654,227 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,203 | BOYAmt |
| EOY | $126,358 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,384 | BOYAmt |
| EOY | $95,893 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,320,231 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $802,496 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $568,130 | BOYAmt |
| EOY | $517,735 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,369,830 | BOYAmt |
| EOY | $7,975,989 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,054 | BOYAmt |
| EOY | $160,794 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $388,913 | BOYAmt |
| EOY | $167,796 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $662,967 | BOYAmt |
| EOY | $328,590 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,706,863 | BOYAmt |
| EOY | $7,647,399 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,706,863 | BOYAmt |
| EOY | $7,647,399 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,369,830 | BOYAmt |
| EOY | $7,975,989 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $981,921 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$41,385 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $302,429 | OtherCostOrOtherBasisAmt |
| Book Value | $302,429 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,017,802 | OtherCostOrOtherBasisAmt |
| Depreciation | $802,496 | DepreciationAmt |
| Book Value | $215,306 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $517,735 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,066,104 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $6,066,104 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $6,066,104 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,084,183 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $5,084,183 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $5,084,183 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | KINGSTOWNE RESIDENTIAL OWNERS CORPORATION WAS GRANTED EXEMPTION FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(4) DURING THE YEAR ENDED DECEMBER 31, 2004. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES. THE CORPORATION MAY BE LIABLE FOR INCOME TAXES ON UNRELATED BUSINESS INCOME, AT APPLICABLE FEDERAL AND STATE RATES. THE CORPORATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016. THE CORPORATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2017 AND 2016. THE INTERNAL REVENUE SERVICE AUDITED THE FORM 990 FOR THE YEAR ENDED DECEMBER 31, 2010. NO CHANGES WERE MADE TO THAT FORM 990 AS A RESULT OF THE AUDIT. YEARS ENDED DECEMBER 31, 2014 AND LATER REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | ALL HOMEOWNERS WHO ARE REQUIRED TO PAY DUES ARE MEMBERS OF THE ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 7A | MEMBERS ELECT BOARD MEMBERS VIA BALLOTS PRIOR TO THE ANNUAL MEETING. RESULTS ARE ANNOUNCED BY THE ELECTION COMMITTEE AT THE ANNUAL MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE ELECTED BOARD ACTS ON BEHALF OF THE MEMBERS. DECISIONS ARE MADE BY THE BOARD BUT ARE DISCUSSED WITH THE MEMBERS WHO ELECT TO ATTEND NEIGHBORHOOD MEETINGS AND COMMITTEE MEETINGS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER BEFORE BEING FILED. FORM 990 AND ALL TAX INFORMATION IS DISCLOSED TO THE OTHER BOARD MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD OF TRUSTEES CONDUCTS AN ANNUAL SALARY REVIEW BY LOOKING AT COMPARABLE SALARY DATA. THE BOARD OF TRUSTEES PERIODICALLY SOLICITS A SALARY STUDY WHICH IS PERFORMED BY AN INDEPENDENT HUMAN RESOURCES CONSULTING FIRM. THE BOARD OF TRUSTEES IS AN INDEPENDENT BODY THAT ITSELF DOES NOT RECEIVE COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE BOARD OF TRUSTEES CONDUCTS AN ANNUAL SALARY REVIEW BY LOOKING AT COMPARABLE SALARY DATA. THE BOARD OF TRUSTEES PERIODICALLY SOLICITS A SALARY STUDY WHICH IS PERFORMED BY AN INDEPENDENT HUMAN RESOURCES CONSULTING FIRM. THE BOARD OF TRUSTEES IS AN INDEPENDENT BODY THAT ITSELF DOES NOT RECEIVE COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION HAS THEM READILY AVAILABLE DURING NORMAL BUSINESS HOURS AT THE MAIN OFFICE. |
| FORM 990, PART IX, LINE 24E | CONTRACT SERVICES 201,755 0 0 POOL MANAGEMENT 151,665 0 0 UTILITIES 98,809 0 0 OFFICE SUPPORT 60,736 0 0 SINGLE FAMILY/TH MAINT. 54,570 0 0 COMMUNITY RELATIONS 45,767 0 0 IRRIGATION 41,619 0 0 LANDSCAPE 28,008 0 0 COMMUNICATIONS 26,131 0 0 SECURITY 24,697 0 0 SPECIAL PROJECTS 21,288 0 0 BANK CHARGES 6,700 0 0 BAD DEBT 3,478 0 0 TOTAL 765,223 0 0 |