Return Reference | Explanation |
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FORM 990 | IN PAST YEARS DEPRECIATION WAS NOT TAKEN ON THE 990 EZ. DUE TO THE NEED TO TO COMPLETE SOME MANDDATED PROJECTS ( STATE FIRE MARSHAL)INCLUDING REPAIR AND SOME REMODELING THE BOARD BORROWED MONEY FROM SEVERAL MEMBERS, ONLY ONE MEMBER WAS ON THE BOARD. OTHER MEMBERS WERE NOT ON THE BOARD AND THE NOTES PAYABLE ARE WITHOUT INTEREST.IN 2023, THE BANK LOAN WAS PAID OFF, AND THE PROMISSORY NOTES WERE REDUCED FROM 37500 TO 15,000. THE OUTSTANDING NOTE DUE IS NOT TO A BOARD MEMBER. PROJECTS THIS YEAR ALSO INCLUDED A NEW WATER STORAGE BUILDING 5877 AND HOUSE UPGRADE OF 3976 |
FORM 990, PAGE 1, PART I, LINE 6 | VOLUNTEERS ARE NOT PAID. OVER THE LAST TWO YEARS VOLUNTEERS HAVE PUT IN A RETAINING WALL, ADDED A CAFETERIA EXPANDED THE HOUSE ONLY EXPENSE IS FOR MATERIALS |
FORM 990, PAGE 2, PART III, LINE 4D | THE ASOCIACION HAS GROWN OVER THE INCEPTION. THE GROWTH IS DUE TO THE EFFORTS OF THE VOLUNTEERS INCLUDING THE BOARD MEMBERS. THE RETREAT HOUSE PROVIDES ALL THOSE INTERESTED IN A PLACE OF STUDY. NO BOARD MEMBER OR VOLUNTEER IS PAID FOR THIER EFFORTS. |
FORM 990, PAGE 6, PART VI, LINE 11B | ONCE THE RETURN IS COMPLETED A COPY IS SENT TO THE OFFICERS/BOARD. THEY ARE ASKED TO REVIEW, ONCE THE REVIEW IS COMPLETED THE 8879 IS SIGNED AND RETURNED TO THE PREPARER. AS NEEDED THE OFFICERS WILL MEET WITH THE PREPARER TO REVIW AND DISCUSS AS NEEDED. |
FORM 990, PAGE 6, PART VI, LINE 19 | ONCE ACCEPTED A WRITTEN COPY IS PROVIDED. IT IS ON FILE AT THE RETREAT CENTER AND IS AVAILABLE |
FORM 990, PART VII | BUILDING IMPROVEMENTS AND CONSTRUCTION CONTINUE. ALMOST ALL OF THEWORK IS PROVIDED BY VOLUNTEERS 99% BUILDING VALUES WERE BASED ON COST BASIS SINCE THE WORK HAS ALL BEEN DONE BY VOLUNTEERS LAND VALUE WAS BASED ON THE COUNTY RECORDS.CURRENTLY THE ASOCIACION ADDED A WATER STORAGE TANK RSHAL. IN ADDTION THERE WAS ADDITIONAL HOUSE UPGRADES AND SOME SIDING MAINTENANCE FOR WIND DAMAGE |
FORM 990, PART XI, LINE 9 | ADDITIONS TO BUILDING 0 OTHER NOTE REDUCTION 0 PRIOR YEAR TRANSPOSITION -33 TOTAL -33 CORRECTION TO NOTES PAYABLE AT DECEMBER 31, 2022 |
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