54,128489^]
Form
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung
benefit trust or private foundation )
10, The organization may have to use a copy of this return to satisfy state reporting requirements
Department of the Treasury
Intirnal Revenue Service
For the 2012 c alendar ear or tax year be g innin g
A
B
OMB No
Return of Organization Exempt From Income Tax
.7^0
❑ Address change
201 2
Open to Pu
PnS Bctio
and endin g
C Name of organization
Check if applicable
1545-01
D
Employer Identification number
E
Telephone number
CAMPUS EAST COMMUNITY ASSOCIATION
54-1284898
Doing Business As
❑ Name change
Number and street (or P 0 box if mail is not delivered to street address)
❑ Initial return
525 S.
❑ Terminated
INDEPENDENCE BLVD.,
Room suite
STE.
757-497-5792
200
C ity, town or post o ffi ce, state, and ZIP code
❑ Amended return
VIRGINIA BEACH
VA
23452
263 , 238
G Gross recei pts$
F Name and address of principal officer
F1 Application pending
H(a)
SAILS AS
Is this a group return for affiliates?
H(b) Are all affiliates included
C ABOVE.
❑ Yes
19 No
❑ Yes
❑ No
If "No," attach a list (see instructions)
Tax-exem pt status
I
X
501 c 3
1-1
( insert
4
501 C
no
El
)
( )( 1 )
4947 a
or
527
N/A
^
J
Website
K
Form of organization
NO
F-1 Corporation
F1 Trust
ICI Association
1 Other ^
L
Grou p exem ption number ^
Year of formation
M
1982
State of legal domicile
VA
summa
ran I
1 Briefly describe the organization's mission or most significant activities
PROGRAMS AND SERVICES PROVIDED BY THE ASSOCIATION INCLUDE MAINTENANCE OF
U
RECREATIONAL FACILITIES, MAINTENANCE OF COMMON PROPERTY, AND COMMUNITY
rAWARENESS.
FACILITIES ARE OPEN TO MEMBERS AND THE PUBLIC.
o
66
2 Check this box ^ ❑ if the organization discontinued its operations or disposed of more than 25% of its net assets
3 Number of voting members of the governing body (Part VI, line ia)
4 Number of independent voting members of the governing body (Part VI, line 1 b)
3
4
5 Total number of individuals employed in calendar year 2012 (Part V, line 2a)
5
1
6 Total number of volunteers (estimate if necessary)
6
23
7a Total unrelated business revenue from Part VIII, column (C), line 12
,/
pRE
(^ C
b Net unrelated business taxable income from Form 990-T, line 3
r-
8
9
Program service revenue (Part VIII, line 2g)
201a
d
l^
L
10 Investment Income (Part VIII, column (A), lines 3, 4, and 7d)
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, a d 11e
Q
12 Total revenue - add lines 8 throu g h 11 ( must e q ual Part VIII,
®
L
Current Year
0
0
252 873
252 330
P
CM cc
2
t_t I
i
801
, 250
263 , 924
t
columnline
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)
U) x
W
16a Professional fundraising fees (Part IX, column (A), line 11 e)
b Total fundraising expenses (Part IX, column (D), line 25) ^
263
46 , 184
49 , 089
0
0
0
,
18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25)
309 , 868
g
g
-45
,
684
944
Be innin of Current Year
296 , 834
20 Total assets (Part X, line 16)
a,
21 Total liabilities (Part X, line 26)
xu^ 22 Net assets or fund balances Subtract line 21 from line 20
Signature Block
Part II
26
, 825
270
009
200
Signature of officer
/ /
e y(/
C-
•
LCU,.I ^I
Type or print name and title
Print/Type preparers name
Paid
Preparer
MARK W.
Pr
DESROCHES,
nature
CPA
& COMPANY , CP
200 GOLDEN OAK CT., STE
234
VIRGINIA BEACH, VA
Firm's address
^
May the IRS discuss this return with the preparer shown above? (see instructions]
Firm's name
^
DESROCHES
Use Only
For Paperwork Reduction Act Notice , see the separate instructions.
DAA
, 739
249 , 828
13
,
410
End of Year
308 , 362
24
,
943
283 , 419
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
true, correct, and complete Declaration of preparer (other than officer) is ba,;ed on all will;
V
, 238
0
0
263
Sign
Here
, 158
9 , 750
0
0
17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e)
19 Revenue less ex p enses Subtract line 18 from line 12
y
1
8
13 Grants and similar amounts paid (Part IX, column (A), lines 1-3)
14 Benefits paid to or for members (Part IX, column (A), line 4)
U)
Q^ a
0
7b
Prior Year
Contributions and grants (Part VIII, line 1h)
0
7a
EI Vt/'^
ED
co
Nd
4
4
541284898
54-1284898
Page 2
Form 990 (2012) CAMPUS EAST COMMUNITY ASSOCIATION
Part 111
Statement of Program Service Accomplishments
❑
Check if Schedule 0 contains a response to any question in this Part III
1 Briefly describe the organization's mission
PROGRAMS AND SERVICES PROVIDED BY THE ASSOCIATION INCLUDE MAINTENANCE OF
RECREATIONAL FACILITIES , MAINTENANCE OF COMMON PROPERTY, AND COMMUNITY
AWARENESS.
FACILITIES ARE OPEN TO MEMBERS AND THE PUBLIC.
2
3
Did the organization undertake any significant program services during the year which were not listed on the
prior Form 990 or 990-EZ"
If "Yes," describe these new services on Schedule 0
Did the organization cease conducting, or make significant changes in how it conducts, any program
services?
If "Yes," describe these changes on Schedule 0
4
❑ Yes
No
❑ Yes
No
Describe the organization's program service accomplishments for each of its three largest program services, as measured by
expenses Section 501 (c)(3) and 501 (c)(4) organizations are required to report the amount of grants and allocations to others,
the total expenses, and revenue, if any, for each program service reported
252 , 329
180 , 753 including grants of $
) (Revenue $
4a (Code
) (Expenses $
OF
MAINTENANCE
INCLUDE
PROGRAMS AND SERVICES PROVIDED BY THE ASSOCIATION
COMMUNITY
PROPERTY,
AND
RECREATIONAL FACITLITIES, MAINTENANCE OF COMMON
AWARENESS. FACILITIES ARE OPEN TO MEMBERS AND THE PUBLIC.
4b (Code
) (Expenses $
including grants of $
) (Revenue $
4c (Code
) (Expenses $
including grants of $
) (Revenue $
4d Other program services (Describe in Schedule O )
(Expenses $
including grants of $
4e Total program service expenses ^
180 , 753
DAA
) (Revenue $
Form 990 (2012)
541284898
`
Form 990 (2012)
Part IV
CAMPUS EAST COMMUNITY ASSOCIATION
3
54-1284898
Checklist of Re q uired Schedules
Yes
1
Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes,"
complete Schedule A
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)?
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to
candidates for public office? If "Yes," complete Schedule C, Part I
Section 501 (c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h)
election in effect during the tax year? If "Yes," complete Schedule C, Part II
Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues,
assessments, or similar amounts as defined in Revenue Procedure 98-199 If "Yes," complete Schedule C,
2
3
4
5
Part III
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors
have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If
"Yes," complete Schedule D, Part I
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
6
7
8
complete Schedule D, Part III
Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a
custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or
debt negotiation services? If "Yes," complete Schedule D, Part IV
Did the organization, directly or through a related organization, hold assets in temporarily restricted
endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V
If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI,
9
10
11
No
1
2
X
X
3
X
4
5
X
6
X
7
X
8
X
9
X
10
X
VII, VIII, IX, or X as applicable
a
b
c
d
e
f
12a
b
Did the organization report an amount for land, buildings, and equipment in Part X, line 10*7 If "Yes,"
complete Schedule D, Part VI
Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more
of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII
Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more
of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets
reported in Part X, line 16') If "Yes," complete Schedule D, Part IX
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)" If "Yes," complete Schedule D, Part X
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if
the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional
11a
X
11b
X
11c
X
X
11d
11e
X
11f
12a
X
X
12b
13
X
X
14a
X
14b
X
15
X
16
X
17
X
18
to individuals located outside the United States? If "Yes," complete Schedule F, Parts III and IV
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on
Part IX, column (A), lines 6 and 11 e7 If "Yes," complete Schedule G, Part I (see instructions)
Did the organization report more than $15,000 total of fundraising event gross income and contributions on
Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a9
18
X
19
If "Yes," complete Schedule G, Part III
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H
If "Yes" to line 20a , did the org anization attach a co py of its audited financial statements to this return?
19
X
X
20a
20b
Form 990 (2012)
13
14a
b
15
16
17
20a
b
DAA
Is the organization a school described in section 170(b)(1)(A)(u)" If "Yes," complete Schedule E
Did the organization maintain an office, employees, or agents outside of the United States?
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking,
fundraising, business, investment, and program service activities outside the United States, or aggregate
foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any
organization or entity located outside the United States? If "Yes," complete Schedule F, Parts II and IV
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance
5*1284898
Form 990 (2012)
Part IV
CAMPUS EAST COMMUNITY ASSOCIATION
54-1284898
Page 4
Checklist of Re q uired Schedules (continued )
Yes
No
Did the organization report more than $5,000 of grants and other assistance to any government or organization
21
in the United States on Part IX, column (A), line 11 If "Yes," complete Schedule I, Parts I and II
21
X
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States
on Part IX, column (A), line 2" If "Yes," complete Schedule I, Parts I and III
22
X
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the
23
X
24a
24b
X
24a
b
c
d
25a
b
26
27
28
a
b
c
29
30
31
32
33
34
35a
b
36
37
38
organization's current and former officers, directors, trustees, key employees, and highest compensated
employees? If "Yes," complete Schedule J
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than
$100,000 as of the last day of the year, that was issued after December 31, 2002" If "Yes," answer lines 24b
through 24d and complete Schedule K If "No," go to line 25
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?
Did the organization act as an "on behalf of issuer for bonds outstanding at any time during the year?
Section 501 (c)(3) and 501 (c )(4) organizations . Did the organization engage in an excess benefit transaction
24c
24d
25a
X
25b
X
26
X
27
X
28a
X
Schedule L, Part IV
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof)
was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified
conservation contributions? If "Yes," complete Schedule M
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
28b
X
28c
29
X
X
30
X
Part l
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes,"
complete Schedule N, Part II
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
31
X
32
X
sections 301 7701-2 and 301 7701-3? If "Yes," complete Schedule R, Part I
33
X
34
X
35a
X
with a disqualified person during the year? If "Yes," complete Schedule L, Part I
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior
year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ"
If "Yes," complete Schedule L, Part I
Was a loan to or by a current or former officer, director, trustee, key employee, highest compensated employee, or
disqualified person outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, Part II
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee,
substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled
entity or family member of any of these persons? If "Yes," complete Schedule L, Part III
Was the organization a party to a business transaction with one of the following parties (see Schedule L,
Part IV instructions for applicable filing thresholds, conditions, and exceptions)
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Parts II, III,
or IV, and Part V, line 1
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a
controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2
Section 501 (c)(3) organizations . Did the organization make any transfers to an exempt non-charitable
35b
related organization? If "Yes," complete Schedule R, Part V, line 2
Did the organization conduct more than 5% of its activities through an entity that is not a related organization
and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R,
36
Part VI
Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 b and
37
19? Note . All Form 990 filers are required to complete Schedule 0
38
X
X
Form 990 (2012)
DAA
541284898
54-1284898
Form 990 ( 2012) CAMPUS EAST COMMUNITY ASSOCIATION
,Part V
Statements Regarding Other IRS Filings and Tax Compliance
Page 5
Check if Schedule 0 contains a response to any question in this Part V
Yes
1a
b
c
2a
b
3a
b
4a
b
5a
b
c
6a
b
7
a
b
c
d
e
f
g
h
8
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable
Enter the number of Forms W-2G included in line 1 a Enter -0- if not applicable
Did the organization comply with backup withholding rules for reportable payments to vendors and
1a
10
11b
0
reportable gaming (gambling) winnings to prize winners'?
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax
2a
Statements, filed for the calendar year ending with or within the year covered by this return
If at least one is reported on line 2a, did the organization file all required federal employment tax returns'?
Note . If the sum of lines 1 a and 2a is greater than 250, you may be required to e-file (see instructions)
Did the organization have unrelated business gross income of $1,000 or more during the year
If "Yes," has it filed a Form 990-T for this year? If "No," provide an explanation in Schedule 0
At any time during the calendar year, did the organization have an interest in, or a signature or other authority
over, a financial account in a foreign country (such as a bank account, securities account, or other financial
1c
X
2b
X
1
account)?
If "Yes," enter the name of the foreign country ^
See instructions for filing requirements for Form TD F 90-22 1, Report of Foreign Bank and Financial Accounts
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year9
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction'?
If "Yes" to line 5a or 5b, did the organization file Form 8886-T'
Does the organization have annual gross receipts that are normally greater than $100,000, and did the
organization solicit any contributions that were not tax deductible as charitable contributions'
If "Yes," did the organization include with every solicitation an express statement that such contributions or
3b
4a
X
5a
5b
5c
X
X
6a
X
gifts were not tax deductible'?
Organizations that may receive deductible contributions under section 170(c).
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods
and services provided to the payor'?
If "Yes," did the organization notify the donor of the value of the goods or services provided?
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was
6b
required to file Form 8282'?
^ 7d 1
If "Yes," indicate the number of Forms 8282 filed during the year
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required'
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
Sponsoring organizations maintaining donor advised funds and section 509(a )(3) supporting
organizations . Did the supporting organization, or a donor advised fund maintained by a sponsoring
7c
7a
7b
7e
7f
7
7h
8
a
Did the organization make any taxable distributions under section 4966?
9a
b
Did the organization make a distribution to a donor, donor advisor, or related person?
Section 501 (c )(7) organizations. Enter
Initiation fees and capital contributions included on Part VIII, line 12
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
9b
10
a
b
11
a
b
12a
b
13
a
b
c
14a
b
DAA
Section 501(c)(12) organizations. Enter
Gross income from members or shareholders
10a
10b
11 a
Gross income from other sources (Do not net amounts due or paid to other sources
11 b
against amounts due or received from them)
Section 4947(a)(1) non - exempt charitable trusts . Is the organization filing Form 990 in lieu of Form 1041
12b 1
If "Yes," enter the amount of tax-exempt interest received or accrued during the year
Section 501 (c )(29) qualified nonprofit health insurance issuers.
Is the organization licensed to issue qualified health plans in more than one state?
Note . See the instructions for additional information the organization must report on Schedule 0
Enter the amount of reserves the organization is required to maintain by the states in which
the organization is licensed to issue qualified health plans
Enter the amount of reserves on hand
Did the organization receive any payments for indoor tanning services during the tax year?
If "Yes," has it filed a Form 720 to report these payments' If "No," provide an explanation in Schedule 0
X
3a
organization, have excess business holdings at any time during the year?
Sponsoring organizations maintaining donor advised funds.
9
No
13a
13b
13c
14a
14b
X
Form 99 0 (2012)
541284898
54-1284898
Form 990 (2012) CAMPUS EAST COMMUNITY ASSOCIATION
Page 6
Part Vl
Governance , Management , and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No"
response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule 0 contains a response to any question in this Part VI
n
Section A. Governing Body and Management
1a
Enter the number of voting members of the governing body at the end of the tax year
If there are material differences in voting rights among members of the governing body, or
if the governing body delegated broad authority to an executive committee or similar
1a
4
1b
4
committee, explain in Schedule 0
b
2
3
4
5
6
7a
b
8
a
b
9
Enter the number of voting members included in line 1 a, above, who are independent
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with
any other officer, director, trustee, or key employee?
Did the organization delegate control over management duties customarily performed by or under the direct
supervision of officers, directors, or trustees, or key employees to a management company or other person?
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
Did the organization become aware during the year of a significant diversion of the organization's assets?
Did the organization have members or stockholders?
Did the organization have members, stockholders, or other persons who had the power to elect or appoint
one or more members of the governing body?
Are any governance decisions of the organization reserved to (or subject to approval by) members,
stockholders, or persons other than the governing body
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following
The governing body?
Each committee with authority to act on behalf of the governing body?
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at
the org anization's mailin g address? If "Yes , " p rovide the names and addresses in Schedule 0
2
X
3
4
X
X
5
6
X
X
7a
X
7b
X
8a
8b
X
X
X
9
iection B . Policies (This Section B requests information about policies not required by the Internal Revenue Cod e. )
X
Did the organization have local chapters, branches, or affiliates?
If "Yes," did the organization have written policies and procedures governing the activities of such chapters,
affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
Describe in Schedule 0 the process, if any, used by the organization to review this Form 990
10a
12a
b
c
Did the organization have a written conflict of interest policy? If "No," go to line 13
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes,"
describe in Schedule 0 how this was done
12a
12b
13
Did the organization have a written whistleblower policy?
13
X
14
Did the organization have a written document retention and destruction policy?
14
X
15
Did the process for determining compensation of the following persons include a review and approval by
independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
The organization's CEO, Executive Director, or top management official
Other officers or key employees of the organization
If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions)
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement
10a
b
11a
b
a
b
16a
b
lob
11a
X
X
12c
15a
15b
with a taxable entity during the year?
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its
participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the
16a
org anization's exem pt status with res pect to such arran g ements?
16b
X
X
X
Section C . Disclosure
NONE
List the states with which a copy of this Form 990 is required to be filed ^
Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501 (c) (3)s only)
available for public inspection . Indicate how you made these available Check all that apply
n Other ( explain in Schedule 0)
n Another' s website [X Upon request
El Own website
Describe in Schedule 0 whether (and if so, how), the organization made its governing documents , conflict of interest policy,
17
18
19
20
and financial statements available to the public during the tax year.
State the name , physical address , and telephone number of the person who possesses the books and records of the
525 S. INDEPENDENCE BLVD.,
THE ASSOCIATION
organization.'
VA 23452
VIRGINIA BEACH
DAA
STE. 200
757-499-5792
Form 990 (2012)
541284898
CAMPUS EAST COMMUNITY ASSOCIATION
Form 990 (2012)
54-1284898
Page 7
Compensation of Officers , Directors , Trustees , Key Employees, Highest Compensated Employees, and
Independent Contractors
Part VII:
❑
Check if Schedule 0 contains a response to any question in this Part VII
Officers , Directors , Trustees , Key Employees , and Highest Compensated Employees
Section A.
1 a Complete this table for all persons required to be listed Report compensation for the calendar year ending with or within the
organization's tax year.
• List all of the organization' s current officers, directors, trustees (whether individuals or organizations), regardless of amount of
compensation Enter -0- in columns (D), (E), and (F) if no compensation was paid.
• List all of the organization' s current key employees, if any See instructions for definition of "key employee
• List the organization 's five current highest compensated employees (other than an officer, director, trustee, or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations
• List all of the organization' s former officers, key employees, and highest compensated employees who received more than
$100,000 of reportable compensation from the organization and any related organizations
• List all of the organization' s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations
List persons in the following order individual trustees or directors, institutional trustees, officers, key employees, highest
compensated employees, and former such persons
Check this box if neither the organization nor any related organizations compensated any current officer, director, or trustee
(A)
Name and Title
(B)
Average
hours per
week
(list any
hours for
related
organizations
below dotted
line)
(C)
Position
(do not check more than one
box, unless person is both an
officer and a director/trustee)
, >
>
0
z ,g = -n
L.
52
2
`f
3
E
m 5
o w
D
l c
N
(F)
Estimated
amount of
other
compensation
from the
organization
and related
organizations
(E)
Reportable
compensation from
related
organizations
(W-2/1099-MISC)
(D)
Reportable
compensation
from
the
organiza t ion
(w-2/1099-MISC)
o
w
..
C
to
%
m
3
j
(1) JEFFREY LAWN
2.00
PRESIDENT
0.00
X
0
0
0
X
0
0
0
X
0
0
0
X
0
0
0
X
0
0
0
X
0
0
0
X
0
0
0
X
0
0
0
(2)MARYLOU HULTGRE
1.00
VICE PRESIDENT
0.00
(3) CRAIG ZUIDEMA
1.00
SECRETARY
(4)MIKE
0.00
HINTON
1.00
TREASURER
(5) GLADYS
0.00
SUMNER
1.00
BOARD MEMBER
0.00
(6) JEAN BURCHETTE
1.00
BOARD MEMBER
0.00
(7)ROGER DURITY
1.00
BOARD MEMBER
0.00
(8) JOHN GRAVENO
1.00
BOARD MEMBER
0.00
(9)
(10)
(11)
DAA
Form 99U (2012)
54-1284898
('012) CAMPUS EAST COMMUNITY ASSOCIATION
Employees
Highest
Compensated
Employees (continued)
V([
Section
A.
Officers
Directors
,
Trustees
,
Key
,
and
,
Part
rW
(A)
Name and title
•
(B)
Average
hours per
week
(list any
hours for
related
organizations
below dotted
line)
(C)
Position
(do not check more than one
box, unless person is both an
officer and a director/trustee)
° >
>
p
M_
=
m
3
R
nn
3
0
mg
od
°
a
a
c
o
°c
(D)
Reportable
compensation
from
the
organization
(w-2/1099-MISC)
(E)
Reportable
compensation from
related
organizations
( W - 2/1099 - MISC )
Page 8
(F)
Estimated
amount of
other
compensation
f rom th e
organization
and related
organizations
3
m
m
m
^p
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
lb
c
d
2
Sub-total
^
Total from continuation sheets to Part VII, Section A
^
Total add lines 1b and 1c
^
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in
0
re portable com pensation from the org anization 0Yes
Did the organization list any former officer, director, or trustee, key employee, or highest compensated
employee on line 1 a? If "Yes," complete Schedule J for such individual
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the
organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual
for services rendered to the org anization) If "Yes , " com p lete Schedule J for such person
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of
compensation from the organization Report compensation for the calendar year ending with or within the organization's tax year
No
3
A
Name and business address
2
DAA
Total number of independent contractors (including but not limited to those listed above) who
received more than $100,000 of compensation from the organization ^
(B)
Descri p tion services
of
3
X
4
X
5
X
C
Com (ensation
0
Form 990 (20121
541284898
Form 990 (2012) CAMPUS EAST COMMUNITY ASSOCIATION
Part VHf
Statement of Revenue
•
54-1284898
Page 9
Check if Schedule 0 contains a response to any question in this Part VIII.
(A)
Total revenue
(B)
Related or
exempt
function
n
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from tax
under sections
512, 513, or 514
revenue
1a
b
c
d
Federated campaigns
Membership dues
Fundraising events
Related organizations
la
1b
1c
ld
ui E
e Government grants (contributions)
1e
00
If All other contributions, gifts, grants,
and similar amounts not included above
if
cr
o
Q
L
•= O
C.o
g Noncash contributions included in lines la-1f
L) cm
h Total. Add lines 1a-1f
$
^
Busn Code
CD
2a
It
ar
b
N
E
d
e
a-
f All other program service revenue
Total. Add lines 2a-2f
MEMBERSHIP DUES
& ASSESSMENTS
RESALE CERTIFICATES
713940
531390
246,130
6,200
246,130
6,200
C
^
252 , 330
^
1 , 158
4
Investment income (Including dividends, interest,
and other similar amounts)
Income from investment of tax-exempt bond proceeds
5
Royalties
^
3
(i) Real
1 , 158
^
(u) Personal
9,750
6a Gross rents
b Less rental exps
C Rental Inc or (loss)
d Net rental inco me or ( loss )
7a Gross amount from
sa l es o f asse t s
other than inventory
9 , 750
^
(i) Secur i t i es
9,750
9,750
() Other
b Less cost or other
basis & sales exps
L
0
c Gain or (loss)
d Net gain or (loss)
8a Gross income from fundraising events
(not including $
of contributions reported on line 1c)
See Part IV, line 18
b Less. direct expenses
c
9a
b
c
10a
a
b
Net income or (loss) from fundraising events
Gross income from gaming activities
See Part IV, line 19
a
Less direct expenses
b
Net income or (loss) from gaming acti vities
Gross sales of inventory, less
returns and allowances
b Less cost of goods sold
c
^
^
^
a
b
Net income or loss from sales of invento ry
Miscellaneous Revenue
Busn Code
11a
b
c
d All other revenue
e Total. Add lines 11 a-11 d
12
Total revenue . See instructions
^
^
263 , 238 1
253 , 488
0
9 , 750
Form 990 (2012)
DAA
54.1284898
CAMPUS EAST COMMUNITY ASSOCIATION
Form 990,(2012)
Part IX
Statement of Functional Expenses
54-1284898
Page 10
Section 501 (c)(3) and 501 (c)(4) organizations must complete all columns All other organizations must complete column (A)
Check If Schedule 0 contains a response to any question in this Part IX
Do not include amounts reported on lines 6b ,
7b , 8b , 9b , and 1 Ob of Part VIII.
1
F-1
(c)
Management and
general expenses
(B)
Program service
expenses
(A)
Total expenses
(D)
Fundraising
expenses
Grants and other assistance to governments and
organizations in the U S See Part IV, line 21
Grants and other assistance to individuals in
the U S. See Part IV, line 22
2
3
Grants and other assistance to governments,
organizations, and individuals outside the
U S See Part IV, lines 15 and 16
4
Benefits paid to or for members
Compensation of current officers, directors,
trustees, and key employees
Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B)
5
6
7
Other salaries and wages
8
Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions)
Other employee benefits
9
10
11
Payroll taxes
Fees for services (non-employees).
a Management
b Legal
c Accounting
46 , 696
35 , 022
11 , 674
2 , 393
1 795
598
24 , 540
48 , 614
4 , 600
12 , 270
36 , 461
12 , 270
12 , 153
4 , 600
16 , 821
1 287
15 534
13 , 025
-9 , 76-9-
3 , 256
3 058
3 9 125
3 , 058
2 344
781
29 f 255
29 , 255
25
25
d Lobbying
e Professional fundraising services See Part IV, line 17
If Investment management fees
g
Other (If line 11g amount exceeds 10% of line 25, column
(A) amount, list line 11g expenses on Schedule 0)
12
13
14
15
Advertising and promotion
Office expenses
Information technology
Royalties
16
Occupancy
17
18
Travel
Payments of travel or entertainment expenses
for any federal, state, or local public officials
19
20
21
Conferences, conventions, and meetings
Interest
Payments to affiliates
22
Depreciation, depletion, and amortization
23
Insurance
24
Other expenses. Itemize expenses not covered
above (List miscellaneous expenses in line 24e If
line 24e amount exceeds 10% of line 25, column
(A) amount, list line 24e expenses on Schedule 0
POOL ADMIN, AND REPAIRS
LAWN MAINTENANCE
b
SECURITY
c
a
d
ADMINISTRATIVE
e All other expenses
25
Total functional ex p enses . Add lines 1 throu g h 24e
26
Joint costs. Complete this line only if the
organization reported in column (B) joint costs
from a combined educational campaign and
fundraising solicitation Check here ^ n if
followin g SOP 98-2 (ASC 958-720 )
DAA
231
231
18 034
6 989
7 , 447
18 , 034
249 , 828
180 f 753
6 , 227
6 , 989
1 , 220
69 0 7 5
0
Form 9 9 11J (2012)
541284898
54-1284898
CAMPUS EAST COMMUNITY ASSOCIATION
Form 990_(2012)
Part X
Balance Sheet
Page 11
Check if Schedule 0 contains a resnonse to any question in this Part X
I
(B)
End of year
(A)
Beginning of year
1
2
3
4
5
6
Cash-non-interest bearing
Savings and temporary cash investments
Pledges and grants receivable, net
Accounts receivable, net
Loans and other receivables from current and former officers, directors,
trustees, key employees, and highest compensated employees
Complete Part II of Schedule L
Loans and other receivables from other disqualified persons (as defined under section
1
21 , 124
1
20 , 405
150 , 242
2
149 , 221
111 , 106
4
3
122 , 089
5
4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and
sponsoring organizations of section 501 (c)(9) voluntary employees' beneficiary
organizations (see instructions) Complete Part II of Schedule L
7 Notes and loans receivable, net
8 Inventories for sale or use
9 Prepaid expenses and deferred charges
10a Land, buildings, and equipment cost or
52
other basis Complete Part VI of Schedule D
10a
38
10b
b Less accumulated depreciation
Investments-publicly traded securities
11
12 Investments-other securities See Part IV, line 11
13 Investments-program-related See Part IV, line 11
14 Intangible assets
15
Other assets See Part IV, line 11
16
Total assets . Add lines 1 throu g h 15 ( must e q ual line 34 )
17
18
19
20
21
22
2
_
23
24
25
6
7
8
9
3
137
13
510
308
362
471
961
14 , 362 10c
11
12
13
14
15
296 , 834
4 , 820
Accounts payable and accrued expenses
Grants payable
Deferred revenue
Tax-exempt bond liabilities
Escrow or custodial account liability Complete Part IV of Schedule D
Loans and other payables to current and former officers, directors,
trustees, key employees, highest compensated employees, and
16
17
18
19
20
21
2 , 024
22
23
24
disqualified persons Complete Part II of Schedule L
Secured mortgages and notes payable to unrelated third parties
Unsecured notes and loans payable to unrelated third parties
Other liabilities (including federal income tax, payables to related third
parties, and other liabilities not included on lines 17-24) Complete Part X
26
d
0
27
28
29
Li
0
of Schedule D
22 , 005 25
22 , 919
Total liabilities . Add lines 17 throu g h 25
Organizations that follow SFAS 117 (ASC 958), check here ^
complete lines 27 through 29, and lines 33 and 34.
Unrestricted net assets
Temporarily restricted net assets
26 , 825
24 , 943
Permanently restricted net assets
Organizations that do not follow SFAS 117 (ASC 958), check here ^
complete lines 30 through 34.
26
and
27
28
29
and
N
30
Q
31
32
Z 33
34
Capital stock or trust principal, or current funds
Paid-in or capital surplus, or land, building, or equipment fund
Retained earnings, endowment, accumulated income, or other funds
30
31
270 , 009
32
283 , 419
Total net assets or fund balances
270 , 009
33
283
Total liabilities and net assets/fund balances
296 , 834
34
308 f 362
419
Form 99 0 (2012)
DAA
541284898
Form 990(2012)
Part YJ
CAMPUS EAST COMMUNITY ASSOCIATION
54-1284898
Page 12
Reconciliation of Net Assets
Check if Schedule 0 contains a res p onse to an y q uestion in this Part XI
1
2
263 , 238
249 , 828
1
2
Total revenue (must equal Part VIII, column (A), line 12)
Total expenses (must equal Part IX, column (A), line 25)
3
Revenue less expenses Subtract line 2 from line 1
3
13 , 410
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))
4
270 , 009
5
Net unrealized gains (losses) on investments
Donated services and use of facilities
5
6
7
Investment expenses
7
8
Prior period adjustments
Other changes in net assets or fund balances (explain in Schedule 0)
Net assets or fund balances at end of year Combine lines 3 through 9 (must equal Part X, line
8
9
33, column ( 13))
10
6
9
10
Part X11
283 , 419
Financial Statements and Reporting
Check if Schedule 0 contains a res p onse to an y q uestion in this Part XII
❑
Yes
Accrual
❑ Other
Accounting method used to prepare the Form 990
❑ Cash
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule 0
2a Were the organization's financial statements compiled or reviewed by an independent accountant?
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or
reviewed on a separate basis, consolidated basis, or both
❑ Separate basis
❑ Consolidated basis
❑ Both consolidated and separate basis
b Were the organization's financial statements audited by an independent accountant'?
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a
No
1
separate basis, consolidated basis, or both
Separate basis
❑ Consolidated basis
❑ Both consolidated and separate basis
c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight
of the audit, review, or compilation of its financial statements and selection of an independent accountant'?
If the organization changed either its oversight process or selection process during the tax year, explain in
Schedule O.
3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in
the Single Audit Act and OMB Circular A-133'
b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the
reowred audit or audits. explain why in Schedule 0 and describe any steps taken to undergo such audits
DAA
X
2a
2b
X
2c
X
3a
X
3b
Form 990 (2012)
541284898
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
10, Complete if the organization answered " Yes," to Form 990,
201 2
Open to Pubtic
Ins p ection
Employer Identification number
54-1284898
CAMPUS EAST COMMUNITY ASSOCIATION
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete if the
organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds
1
Total number at end of year
2
Aggregate contributions to (during year)
Aggregate grants from (during year)
Aggregate value at end of year
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control ?
Did the organization inform all grantees , donors, and donor advisors in writing that grant funds can be used
3
4
5
6
1545-0047
Part IV , line 6, 7 , 8, 9, 10 , 11 a, 11 b, 11 c, 11 d , 11 e, 11 f , 12a, or 12b.
^ Attach to Form 990. ^ See separate instructions.
Name of the organization
Part I
OMB No
Supplemental Financial Statements
( b) Funds and other accounts
❑ Yes ❑ No
only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose
conferring impermissible private benefit?
❑ Yes ❑ No
Part 11
Conservation Easements . Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply)
❑ Preservation of land for public use (e g , recreation or education)
❑ Preservation of an historically important land area
❑ Protection of natural habitat
❑ Preservation of a certified historic structure
❑ Preservation of open space
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation
easement on the last day of the tax year
2
Held at the End of the Tax Year
a Total number of conservation easements
2a
2b
b Total acreage restricted by conservation easements
2c
c Number of conservation easements on a certified historic structure included in (a)
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a
2d
historic structure listed in the National Register
3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
6
tax year ^
Number of states where property subject to conservation easement is located ^
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of
violations, and enforcement of the conservation easements it holds?
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
7
^
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
4
5
8
9
❑ Yes ❑ No
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)
(I) and section 170(h)(4)(B)(ii)9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the
organization's accounting for conservation easements
Part III
❑ Yes ❑ No
Organizations Maintaining Collections of Art , Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
la If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet
works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of
public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet
works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of
public service, provide the following amounts relating to these items
(i)
Revenues included in Form 990, Part VIII, line 1
(ii) Assets included in Form 990, Part X
2
^
$
^
$
^
^
$
$
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items
Revenues Included in Form 990, Part VIII , line 1
b Assets included in Form 990, Part X
For Paperwork Reduction Act Notice , see the Instructions for Form 990 .
DAA
Schedule D ( Form 990) 2012
541284898
54-1284898
Schedule D (Form 990) 2012
CAMPUS EAST COMMUNITY ASSOCIATION
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets (continued)
3
Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its
collection items (check all that apply)
a ❑ Public exhibition
b ❑ Scholarly research
c ❑ Preservation for future generations
4
d ❑ Loan or exchange programs
e ❑ Other
Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part
XIII
5
During the year, did the organization solicit or receive donations of art, historical treasures, or other similar
❑ Yes ❑ No
assets to be sold to raise funds rather than to be maintained as part of the organization's collection?
Part IV
Escrow and Custodial Arrangements . Complete if the organization answered "Yes" to Form 990, Part IV,
line 9, or reported an amount on Form 990, Part X, line 21.
la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X?
b If "Yes," explain the arrangement in Part XIII and complete the following table
❑ Yes
❑ No
Amount
c Beginning balance
d Additions during the year
e Distributions during the year
f Ending balance
2a Did the organization include an amount on Form 990, Part X, line 21
b If "Yes," explain the arrangement in Part XIII Check here if the explanation has been provided in Part XIII
Part V
Yes I
I No
Endowment Funds . Com lete if the or anizatlon answered "Yes" to Form 990, Part IV, line 10.
(a) Current year
(c) Two years back
(b) Prior year
(d) Three years back
(e) Four years back
1 a Beginning of year balance
b Contributions
c Net investment earnings, gains, and
losses
d Grants or scholarships
e Other expenditures for facilities and
programs
f Administrative expenses
g End of year balance
2
Provide the estimated percentage of the current year end balance (line 1 g, column (a)) held as'
a Board designated or quasi-endowment ^
%
b Permanent endowment ^
%
c Temporarily restricted endowment ^
%
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a Are there endowment funds not in the possession of the organization that are held and administered for the
organization by
(i) unrelated organizations
(ii) related organizations
b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R?
4 Describe in Part XIII the intended uses of the organization's endowment funds
Part Vl
Land Ruildinnc and Fnuinmint Sap Fnrm c f f1 Part X line in
Description of property
Yes
No
p3a
(a) Cost or other basis
(b) Cost or other basis
(c) Accumulated
(investment)
(other)
depreciation
(d) Book value
1a Land
b Buildings
c Leasehold improvements
d Equipment
e Other
52 , 471 1
Total. Add lines 1 a through 1 e (Column (d) must equal Form 990, Part X, column (B), line 10(c))
38 , 961
^
13 , 510
13 , 510
Schedule D (Form 990) 2012
DAA
54.1284898
CAMPUS EAST COMMUNITY ASSOCIATION
Schedule-D (Form 990) 2012
Part Vil
Investments-Other Securities . See Form 990, Part X, line 12.
(a) Description of security or category
54-1284898
Page 3
(c) Method of valuation
(b) Book value
(including name of security)
Cost or end-of-year market value
(1) Financial derivatives
(2) Closely- held equity interests
(3) Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col (B) line 12)
^ 1
0........... n i..a ...1 C.... C...+ inn 0....^ v
D .4 Will
^.^ . ac.a... ^..ae^
(a) Description of investment type
4
t,.-... .10
(b ) Book value
(c) Method of valuation
Cost or end -of-year market value
1)
(2 )
( 3)
(4 )
(5)
(6)
(7)
(8 )
(9 )
(10 )
Total . ( Column ( b ) must e q ual Form 990, Part X, col ( B ) line 13 )
Part IX
^
Other Assets . See Form 99D. Part X. line 15.
( b) Book value
(a) Description
1
(2)
(3 )
(4)
(5 )
(6)
( 7)
(8)
(9)
( 10)
Total . (Column ( b) must eq ual Form 990, Part X, col ( 13 ) line 15 )
Part X
(a) Description of liability
(1 )
(2)
^
Other Liabilities . See Form 990, Part X, line 25.
Federal income taxes
PREPAID ASSESSMENTS
(b) Book value
22.919
( 10)
11
22 , 919
Total. (Column ( b) must eq ual Form 990, Part X, col ( B) line 25 )
^
2. FIN 48 (ASC 740) Footnote In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's
liability for uncertain tax positions under FIN 48 (ASC 740) Check here if the text of the footnote has been provided in Part XIII
DAA
1
L
Schedule D (Form 990) 2012
541284898
54-1284898
Schedule D (Form 990) 2012
CAMPUS EAST COMMUNITY ASSOCIATION
Part X1
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1
Total revenue, gains, and other support per audited financial statements
Amounts included on line 1 but not on Form 990, Part VIII, line 12
a Net unrealized gains on investments
b Donated services and use of facilities
c Recoveries of prior year grants
Page 4
263,238
2
d Other (Describe in Part XII I)
e Add lines 2a through 2d
3
2a
2b
2c
2d
1 3 1
263 , 238
5
1
263, 238
Reconciliation of Expenses per Audited Financial Statements With Ex p enses per Return
1
expenses and losses per audited financial statements
249 , 828
Subtract line 2e from line 1
4
Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b
b Other (Describe in Part XI I I)
c Add lines 4a and 4b
5 Total revenue Add lines 3 and 4c. (This must equal Form 990, Part I, line 12)
Part XII
1
2
Total
Amounts included on line 1 but not on Form 990, Part IX, line 25
a Donated services and use of facilities
b Prior year adjustments
c Other losses
d Other (Describe in Part XIII)
e Add lines 2a through 2d
3 Subtract line 2e from line 1
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b
b Other (Describe in Part XIII)
c Add lines 4a and 4b
5 Total expenses Add lines 3 and 4c. (This must equal Form 990, Part I, line 18)
Part XIII
L4b
1
2a
2b
2c
2d
2e
3
249 , 828
c
5
249 , 828
4a
4b
SuDDlemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9, Part III, lines 1 a and 4, Part IV, lines 1 b and 2b,
Part V, line 4, Part X, line 2, Part XI, lines 2d and 4b, and Part XII, lines 2d and 4b Also complete this part to provide any additional
information.
DAA
Schedule D (Form 990) 2012
541284898
ScheduleD (Form 990) 2012
CAMPUS EAST COMMUNITY ASSOCIATION
Part X111
Supplemental Information (continued)
54-1284898
Page 5
Schedule D (Form 990) 2012
DAA
54.1284898
SCHEDULE 0
(Form 990 or 990-EZ)
OMB No 1545-0047
Supplemental Information to Form 990 or 990-EZ
2012
Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
^ Attac h to Form 990 or 990-EZ.
Department of the Treasury
Name of the organization
)pen to Public
Employer Identification number
CAMPUS EAST COMMUNI TY ASSOCIATION
FORM 990,
PART VI,
LINE
7A - ELECTION OF MEMBERS AND THEIR RIGHTS
THE HOMEOWNERS ELECT THE BOARD OF DIRECTORS
FORM 990,
PART VI,
LINE
THE BOARD OF DIRECTORS
HOMEOWNERS
FORM 990,
7B
- DECISIONS
LINE
BY A VOTE.
SUBJECT
IS REQUIRED TO OBTAIN
IN ORDER TO AMEND
PART VI,
54-1284898
11B
FORM 990,
75% APPROVAL FROM THE
THE GOVERNING DOCUMENTS.
- ORGANIZATION'S
TAX RETURN WILL BE REVIEWED BY THE PRESIDENT,
MANAGEMENT
TO APPROVAL OF MEMBERS
PROCESS
TO REVIEW FORM
TREASURER,
990
AND AUTHORIZED
COMPANY PERSONNEL.
PART VI,
LINE
15A -
COMPENSATION
THE BOARD OF DIRECTORS ARE UNPAID
AND DETERMINES THE
SALARIES OF THE
PROCESS
POSITIONS.
FOR TOP OFFICIAL
THE BOARD OF DIRECTORS REVIEWS
PROPERTY MANAGER AND OTHER NECESSARY
PERSONNEL.
FORM 990,
PART VI,
LINE
19
-
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
ALL CURRENT MEMBERS MAY REQUEST ORGANIZATION DOCUMENTS.
NEW MEMBERS RECEIVE ORGANIZATION DOCUMENTS.
REQUEST,
ARE AVAILABLE
STATE LAW,
ALL BOOKS AND RECORDS,
ALL
UPON
FOR INSPECTION BY MEMBERS.
For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990-EZ .
DAA
BY
Schedule 0 (Form 990 or 990- EZ) (2012)
541284898
Form
.
Depreciation and Amortization
4562
Department of the Treasury
Internal Revenue Service
OMB No 1545-0172
(Including Information on Listed Property)
^ See separate instructions .
(99)
2012
No
179
uence
Se
Attachment
^ Attach to your tax return .
Name(s) shown on return
Identifying number
CAMPUS EAST COMMUNITY ASSOCIATION
54-1284898
Business or activity to which this form relates
INDIRECT DEPRECIATION
Part I
Election To Expense Certain Property Under Section 179
Note : If you have an listed p ro pe rtV, com p lete Part V before you com p lete Part I.
1
2
3
4
Maximum amount (see instructions)
Total cost of section 179 property placed in service (see instructions)
Threshold cost of section 179 property before reduction in limitation (see instructions)
Reduction in limitation. Subtract line 3 from line 2 If zero or less, enter -0-
5
Dollar limitation for tax y ear Subtract line 4 from line 1 If zero or less , enter -0- If married filin g se p aratel y , see instructions
(a) Description of property
(b) Cost (business use only)
6
7
9
10
11
12
13
Carryover of disallowed deduction to 2013 Add lines 9 and 10, less line 12
Note : Do not use Part II or Part III below for listed property Instead, use Part V
^ I
5
8
9
10
11
12
13
Part II
S pecial De p reciation Allowance and Other De p reciation ( Do not include listed p ro p e rt .
14
Special depreciation allowance for qualified property (other than listed property) placed in service
15
2 , 000 , 000
(c) Elected cost
Listed property Enter the amount from line 29
I 7
Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7
Tentative deduction Enter the smaller of line 5 or line 8
Carryover of disallowed deduction from line 13 of your 2011 Form 4562
Business income limitation Enter the smaller of business income (not less than zero) or line 5 (see instructions)
Section 179 expense deduction Add lines 9 and 10, but do not enter more than line 11
8
500 , 000
1
2
3
4
See instructions )
during the tax year (see instructions)
14
Property subject to section 168(f)(1) election
15
16
Other de p reciation ( includin g ACRS )
Part III
MACRS Depreciation ( Do not include listed property.) (See instructions.)
16
3 , 058
17
0
Section A
17
MACRS deductions for assets placed in service in tax years beginning before 2012
18
If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here
^ I
1
Section B-Assets Placed in Service During 2012 Tax Year Using the General Depreciation System
(a) Classification of property
19a
3 -y ear p ro p e rty
b
c
5-ear p ro perty
7-ear p ro perty
f
10
ear p ro p erty
15
ear p ro p e rty
i
20a
21
23
(d) Recovery
period
(e) Convention
(g) Depreciation deduction
(f) Method
ear p ro p erty
S/L
yrs
Residential rental
27 5 yrs
MM
S/L
property
27 5
MM
S/L
Nonresidential real
property
rs
39 yrs
MM
S/L
MM
S/L
Section C-Assets Placed in Service During 2012 Tax Year Using the Alternative Depreciation System
Class life
S/L
b
12- year
12 yrs
c
40 ear
40 yrs
Part IV
22
(c) Basis for depreciation
(business/investment use
on ly-see instructions
20 ear p ro perty
25
h
(b) Month and year
placed in
service
S/L
MM
S/L
Summary ( See instructions. )
Listed property Enter amount from line 28
Total . Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21 Enter here
and on the appropriate lines of your return Partnerships and S corporations-see instructions
For assets shown above and placed in service during the current year, enter the
p ortion of the basis attributable to section 263A costs
For Paperwork Reduction Act Notice , see separate instructions .
DAA
21
22
3 , 058
23
THERE ARE NO AMOUNTS
Form 4562 (2012)
FOR PAGE 2
541284898 Campus East Community Association
Federal Asset Report
54-1284898
Form 990 , Page 1
FYE: 12/31/2012
Asset
Description
Date
I n Servic e
Basis
Bus Sec
% 179 Bonus for Depr
Cost
PerConv Meth
Prior
Current
Other Depreciation:
12 MO S/L
7 MO S/L
7 MO S/L
7,467
2,405
1,526
0
0
0
MO S/L
1,240
0
1,271
799
5 MO S/L
7 MO S/L
1,271
799
0
0
900
900
7 MO S/L
900
0
533
387
3,681
512
1,600
3,457
1,603
533
387
3,681
512
1,600
3,457
1,603
5 MO S/L
7 MO S/L
12 MO S/L
7 MO S/L
5 MO S/L
12 MO S/L
7 MO S/L
533
387
3,681
512
1,600
3,457
1,603
0
0
0
0
0
0
0
1,423
1,423
5 MO S/L
1,423
0
588
4,352
496
1,500
5,333
1,636
231
502
514
3,633
2,390
307
1,885
860
1,716
490
588
4,352
496
1,500
5,333
1,636
231
502
514
3,633
2,390
307
1,885
860
1,716
490
5
5
5
5
7
7
5
5
5
5
7
5
7
7
5
7
588
4,352
496
1,500
1,619
263
75
188
69
242
256
31
135
51
0
0
0
0
0
0
762
233
46
101
102
727
342
61
269
123
257
35
Total Other Depreciation
55,237
55,237
38,669
3,058
Total ACRS and Other Depreciation
55,237
55,237
38,669
3,058
Grand Totals
55,237
55,237
38,669
3,058
2,766
2,766
2,766
0
0
52,471
0
52,471
0
35,903
0
3,058
2
3
4
PLAYGROUND EQUIPMENT
CLUBHOUSE FURNITURE
POOL FURNITURE
5
POOL FURNITURE
Sold/Scrapped: 12/31/12
2 SIT A ROUND TABLES
DESK, COMP TABLE & FILES
2/26/88
6/30/90
6/10/91
7,467
2,405
1,526
7,467
2,405
1,526
7/09/91
1,240
1,240
7
3/10/94
6/22/94
1,271
799
6/29/94
6/30/94
5/15/95
5/15/95
6/30/96
12/31/96
6/02/97
5/15/98
7/20/00
5/21/01
11/15/02
6/20/03
7/01/04
11/01/09
12/10/10
4/07/10
2/26/10
5/13/11
9/12/11
4/08/11
7/05/11
7/11/11
8/09/11
4/12/12
7/01/12
Sold/Scrapped: 12/31/12
7
9
10 CLUBHOUSE SECURITY SYS
11
14
15
16
17
18
19
COMPUTER SOFTWARE
LOUNGES (5) & CHAIRS (5)
M-8 WHIRL & MOON CHAMBER
FURNITURE
COMPUTER EQUIPMENT
PLAYGROUND EQUIPMENT
POOL FURNITURE
20 COMPUTER
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
POOL UMBRELLAS (5)
COPIER
CLUBHOUSE TABLE/CHAIR
COMPUTER
POOL COVER
13 CHAISE LOUNGES
SHREDDER
HP PRINTER
5 BURNER GAS GRILL
PRINTER/FAX/SCANNER
POOL AREA TABLES
PATIO UMBRELLA
SHED AND SHELVING
10 X 20 TENT
Computer
(3) 9' Patio Umbrellas
Less: Dispositions and Transfe rs
Less: Start- up/Org Expense
Net Grand Totals
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
MO
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
S/L
541284898 Campus East Community Association
Federal Statements
54-1284898
FYE: 12/31/2012
Tax-Exempt Interest on Investments
Description
Amount
TOTAL
$
1,158
$
1,158
InState
Unrelated
Exclusion Postal Acquired after
Muni
($ or %)
6/30/75
Business Cod e Code
Code