Sunriver Owners Association FY2020 filing

Not tax-deductible

Sunriver, OR501(c)(4)Since 1974EIN 93-0782374Revenue $10.0M in FY2020

On file with the IRSsunriverowners.org57455 Abbot Dr, 97707-2373 · Sunriver, ORTax-exempt since Feb 1994

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Community safety & management

77¢ of each $1 spent went to programs.
$282K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.4M a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$282K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 15.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $74K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.8M
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.0M
Spent
$9.1M
To programs
77%
Net assets
$29.3M
By yearFY2020–FY2024
Revenue
$10.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$10.0M
FY2021$11.2M
FY2022$12.9M
FY2023$14.6M
FY2024$14.7M
Expenses
$9.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$9.1M
FY2021$10.1M
FY2022$11.2M
FY2023$13.2M
FY2024$12.8M
Net assets
$29.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$29.3M
FY2021$30.3M
FY2022$32.0M
FY2023$33.4M
FY2024$35.4M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $7.0M Management & general 23% · $2.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $282K paid to officers and key staff.

Part VII, Section A · reportable compensation
$172,960Pt VII · Sec A
General Manager
$108,784Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Hugh Palcic————$172,960
James Lewis$167,485$162,211$151,996$140,355$108,784

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Maintains roads and common areas, and enforces covenants for a large residential community.

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Provided by the organization

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1 program · $7.0M · in their own filed words · FY2020
01

Over 4,000 property owners, other residents and visitors to sunriver benefit by the road & common area maintenance, & enforcement of covenants.

$7.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$74K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$10.0M
Ln 12
Fees for servicesLn 2g$9.9M
Investment incomeLn 3$81K
Money outPt IX
$9.1M
Ln 25
Programscol B$7.0M
Managementcol C$2.1M
Owns and owesPt X
$29.3M
net assets · Ln 32
Cash and savingsLn 1–2$12.0M
Total assetsLn 16$33.1M
LiabilitiesLn 26$3.8M
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$9.9M
Investment incomeLn 3$81K
Gains on assetsLn 7−$30K
Total revenueLn 12$10.0M
Assets in detailPt X, end of year
CashLn 1$2.9M
SavingsLn 2$9.1M
Cash and savings togetherLn 1–2$12.0M
Land, buildings, equipmentLn 10c$20.8M
Total assetsLn 16$33.1M
LiabilitiesLn 26$3.8M
Net assetsLn 32$29.3M
OperationsPt I, VI
EmployeesI 5122
VolunteersI 690
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$14.9M$12.0M
Land, buildings, equipmentLn 10c$16.8M$20.8M
Total assetsLn 16$32.0M$33.1M
LiabilitiesLn 26$3.6M$3.8M
Net assetsLn 32$28.4M$29.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$282K$282K
Other salaries and wagesLn 7$3.0M$2.4M$599K
Pension plan contributionsLn 8$194K$143K$51K
Other employee benefitsLn 9$535K$394K$141K
Payroll taxesLn 10$407K$300K$107K
Legal feesLn 11b$366K$366K
Accounting feesLn 11c$69K$69K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$84K$84K
OccupancyLn 16$48K$36K$12K
TravelLn 17$4K$4K$621
Conferences, conventions and meetingsLn 19$10K$3K$6K
Depreciation, depletion and amortizationLn 22$1.4M$1.3M$117K
InsuranceLn 23$269K$215K$54K
Other expenses (24a–d)Ln 24$2.2M$2.0M$191K
All other expensesLn 24e$328K$298K$30K
Total functional expensesLn 25$9.1M$7.0M$2.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $14.7M$12.8M$1.9M$35.4M 990 PDF
FY2023 $14.6M$13.2M$1.4M$33.4M 990 PDF
FY2022 $12.9M$11.2M$1.7M$32.0M 990 PDF
FY2021 $11.2M$10.1M$1.0M$30.3M 990 PDF
FY2020 Viewing $10.0M$9.1M$880K$29.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $10,026,173 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $20,000,450$9,945,084
I-10 Investment incomePrior year $276,602$81,089
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $20,277,052$10,026,173
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,753,683$4,396,646
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,742,385$4,749,675
I-18 Total expensesPrior year $11,496,068$9,146,321
I-19 Revenue less expensesPrior year $8,780,984$879,852
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,026,173 across 4 lines filed
Lines not itemized here account for $462,556 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,273,714 · Unrelated business $208,814$9,482,528
VIII-3 Investment incomeExcluded from tax $111,056$111,056
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$29,967−$29,967
VIII-12 Total revenueRelated to mission $9,736,270 · Unrelated business $208,814 · Excluded from tax $81,089$10,026,173
Part IX · Statement of functional expenses $9,146,321 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $281,744$281,744
IX-7 Other salaries and wagesPrograms $2,379,757 · Management $599,294$2,979,051
IX-8 Pension plan contributionsPrograms $142,518 · Management $51,103$193,621
IX-9 Other employee benefitsPrograms $393,841 · Management $141,219$535,060
IX-10 Payroll taxesPrograms $299,705 · Management $107,465$407,170
IX-11b Legal feesManagement $365,746$365,746
IX-11c Accounting feesManagement $68,929$68,929
IX-12 Advertising and promotionPrograms $4,780$4,780
IX-13 Office expensesManagement $84,047$84,047
IX-16 OccupancyPrograms $35,509 · Management $12,198$47,707
IX-17 TravelPrograms $3,827 · Management $621$4,448
IX-19 Conferences, conventions and meetingsPrograms $3,309 · Management $6,444$9,753
IX-22 Depreciation, depletion and amortizationPrograms $1,257,761 · Management $116,570$1,374,331
IX-23 InsurancePrograms $214,918 · Management $53,730$268,648
IX-24 Other expenses (24a–d)Programs $2,002,026 · Management $191,226$2,193,252
IX-24e All other expensesPrograms $297,819 · Management $30,215$328,034
IX-25 Total functional expensesPrograms $7,035,770 · Management $2,110,551 · Fundraising $0$9,146,321
Part X · Balance sheet $33,131,515 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $710,048$2,926,800
X-2 Savings and temporary cash investmentsStart of year $14,192,152$9,059,712
X-4 Accounts receivableStart of year $92,928$100,964
X-9 Prepaid expenses and deferred chargesStart of year $265,965$271,156
X-10c Land, buildings and equipment, netStart of year $16,762,151$20,772,883
X-16 Total assetsStart of year $32,023,244$33,131,515
X-17 Accounts payable and accrued expensesStart of year $681,213$527,861
X-19 Deferred revenueStart of year $2,769,429$3,115,004
X-25 Other liabilitiesStart of year $158,240$194,436
X-26 Total liabilitiesStart of year $3,608,882$3,837,301
X-32 Total net assets or fund balancesStart of year $28,414,362$29,294,214
X-33 Total liabilities and net assetsStart of year $32,023,244$33,131,515
Part XI · Reconciliation of net assets $29,294,214 net assets at year end
XI-1 Total revenue$10,026,173
XI-2 Total expenses$9,146,321
XI-3 Revenue less expenses$879,852
XI-4 Net assets at start of year$28,414,362
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$29,294,214

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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