2024-11-15T09:17:11-06:00 2023-12-31 521197902 MULLEN SONDBERG WIMBISH & STONE PA 888 BESTGATE ROAD SUITE 310 ANNAPOLIS MD 21401 990 2023-01-01 521830883 CAPE ST CLAIRE BUSINESS & LOT OWNERS AS CAPE 4107577492 1388 CAPE ST CLAIRE RD ANNAPOLIS MD 21409 MELISSA WADE PRESIDENT 4107577492 2024-11-14 1 0 JOHN G WILAND CPA P01357234 4102244920 2024-11-14 2023 2024-10-15 13:58:12Z MELISSA WADE 1388 CAPE ST CLAIRE ROAD ANNAPOLIS MD 21409 343925 0 X N/A X 1975 MD TO PROMOTE COMMUNITY WELFARE AND CIVIC BETTERMENT IN THE COMMERCIAL AREA OF CAPE ST. CLAIRE, MD., WHICH CONSISTS OF FIFTY COMMERCIAL LOTS. 4 4 4 0 0 0 0 0 351164 343925 0 0 0 0 351164 343925 0 0 0 0 15716 7123 0 0 0 306257 268382 321973 275505 29191 68420 803165 860245 25905 14565 777260 845680 TO PROMOTE COMMUNITY WELFARE AND CIVIC BETTERMENT IN THE COMMERCIAL AREA OF CAPE ST. CLAIRE, MD., WHICH CONSISTS OF FIFTY COMMERCIAL LOTS. 0 0 271255 343925 TO PROMOTE COMMUNITY WELFARE AND CIVIC BETTERMENT IN THE COMMERCIAL AREA OF CAPE ST. CLAIRE, MD. 271255 0 0 0 1 0 0 0 0 0 1 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 1 0 0 4 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MD X MELISSA WADE 4107570797 1388 CAPE ST CLAIRE ROAD ANNAPOLIS MD 21409 X MELISSA WADE PRESIDENT 1.00 X X 0 0 0 JULIANNE SULLIVAN VICE PRESIDENT 1.00 X X 0 0 0 CAROL SWINSKI SECRETARY 1.00 X X 0 0 0 BRYAN GRAUL TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES AND AS 531390 264025 264025 WATER USAGE ASSESSMENT 531390 79900 79900 343925 343925 343925 0 0 6520 6520 603 603 4250 4250 3264 3264 3150 3150 94115 94115 24358 24358 7315 7315 TRASH SERVICE 69741 69741 REPAIRS AND MAINTENANCE 57406 57406 SECURITY 2500 2500 MISCELLANEOUS 2283 2283 275505 271255 4250 0 26311 98547 39314 48516 1554896 841714 737540 713182 803165 860245 7730 25905 6835 25905 14565 X 777260 845680 777260 845680 803165 860245 68420 0 X X 1 X 0 0 0 0 0 0 264025 1494663 782333 712330 60233 59381 852 713182 X PART X, LINE 2: THE ASSOCIATION FOLLOWS THE GUIDANCE OF ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NON-PROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE ASSOCIATION'S FINANCIAL STATEMENTS. THE ASSOCIATION ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC (501)(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE ASSOCIATION DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE ASSOCIATION'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. FORM 990, PART VI, SECTION A, LINE 2 THE BOARD PRESIDENT AND TREASURER ARE BOTH MEMBERS IN A PARTNERSHIP THAT OWNS COMMERCIAL REAL ESTATE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE ANNUAL FINANCIAL STATEMENT COMPILATION.