2015-10-28T10:19:19-07:00 2015-06-30 S M Carrothers Accountancy Corporation 5901 Cousteau Court Elk Grove CA 95758 990 2014-07-01 680390856 Kay Mar Way Inc co Berkley Management KAYM 5307535910 524 Main Street Woodland CA 95695 Mollie Lynch President 2015-10-28 true Stanley Carrothers P01260876 9166841676 X 2014 2016-02-25 16:41:14Z X Mollie Lynch 486 Kay Mar Way Santa Rosa CA 95404 129169 false false X N/A X 1996 CA The purpose of the corporation is to provide low-income, public supported housing, using long term financing, from a variety of governmental sources. 7 7 0 33 0 0 127619 128956 217 213 0 127836 129169 0 0 2082 1879 0 0 110697 97694 112779 99573 15057 29596 842403 849641 813604 791246 28799 58395 The purpose of the corporation is to provide low-income, public supported housing, using long term financing, from a variety of governmental sources. false false 99573 126710 The corporation owns and operates a mobile home park consisting of 33 homesites, occupied by low-income owners. 99573 true false false false false false false false false false true false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 7 7 false true false false true true true true false false false true true true true false false false false false X Josh Berkley 5307535910 524 Main Street Woodland CA 95695 X Synda Schroder Director 2.00 0.00 X 0 0 0 Patty Pimintel Director 2.00 0.00 X 0 0 0 John McManus Vice President 2.00 0.00 X X 0 0 0 Mollie Lynch President 10.00 0.00 X X 0 0 0 Diana Albini Director 2.00 0.00 X X 0 0 0 Annie McCreary Treasurer 2.00 0.00 X X 0 0 0 Bonnie Maddox Director 2.00 0.00 X 0 0 0 0 false false false 0 0 Assessments of the owners 531390 128956 128956 128956 213 213 0 0 0 0 0 0 0 0 129169 129169 0 0 0 0 0 0 1642 1642 0 0 237 237 18000 18000 0 4735 4735 0 0 0 0 0 2421 2421 0 0 12711 12711 0 0 0 16874 16874 0 16032 16032 3324 3324 Utilities 18219 18219 Manager rent-free unit 3760 3760 Misc 787 787 Property Taxes 687 687 144 144 99573 99573 0 0 3004 13921 0 0 3455 815 0 0 0 0 8500 3329 849347 290340 575039 559007 0 0 17001 17001 0 235404 255568 842403 849641 14041 12835 609644 579601 189919 198810 813604 791246 X 28799 58395 28799 58395 842403 849641 29596 X false true X true false X 133744 124267 132959 127619 126497 645086 0 0 0 0 133744 124267 132959 127619 126497 645086 0 0 645086 408 335 229 217 213 1402 0 408 335 229 217 213 1402 0 0 134152 124602 133188 127836 126710 646488 0.99780 0.99750 0.00220 0.00250 X 376218 376218 473129 290340 182789 559007 Rounding 1 255568 =deferred interest 198810 198810 X Part X : FIN48 Footnote All income and expenditures are in compliance with the tax-exemption and there are no items requiring disclosure. Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company Madsen & Walton, 517 7th Street, Sacramento, CA is hired as the property manager.The managers controls collections, disbursements, record keeping, and qualificationof the occupants. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The owners of mobile homes are assigned a developed homesite within the real estate. They pay a $100 membership fee on joining, and are granted full participation in the association. They have all rights common to a California public benefit not-for-profit corporation. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Regulatory agreements give members (owners) a vote at the annual meeting to select the board of directors. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders There is an annual meeting of the residents to ratify the actions of the directors. An annual budget is ratified in accordance with California law. Form 990, Part VI, Line 11b: Form 990 Review Process A completed copy of the 990 is sent to the directors in advance of filing, and kept in the office, and with the property manager. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The members are a small group where activities creating a conflict are well known. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available All documents available from the property manager. Financials are distributed to the board monthly.