Reflections-Winter 2015 - Lakewood Shores Property Owners

LAKEWOOD SHORES PROPERTY OWNERS ASSOCIATION, INC.
Reflections
Winter – 2015
F e b r u a r y
2 0 1 5
Administrative Information (989) 739-2607 /Fax (989) 739-7556
Facilities & Events Reservations (989) 739-5360
Email: [email protected] or
visit us at: www.lakewoodshorespoa.com
Upcoming Events
•
February 14~ Saturday
Valentine’s Day Dinner.
Several Dinner options.
served 5-8
Don’t Forget!
•
You can send and receive a
fax through the POA office
739-7556.
•
We are accepting VISA,
MasterCard & Discover cards.
•
Notary service available at
the administration office.
Board News
The Board of Directors continued working hard for the members
in 2014 and they look forward to an equally busy and productive
2015. Thank you to all those members who continue to patronize
the Beach Club. If you have any ideas for an event, please contact
Beach Club Chair, Diana Miller or the Executive Director with
your thoughts.
To date, the Board of Directors have not received any requests for
consideration for the Annual Meeting in June. There is still time to
submit a request for the Board of Directors consideration. In
addition to hearing committee reports, we will also be voting to
fill upcoming vacancies of the Board of Directors. Any member
in good standing wishing to be considered for these vacancies
please contact the office for information. Further information
regarding the Annual Meeting will be provided in the spring
edition of the “Reflections.”
Valentines Dinner
Saturday Feb. 14, 2015 ~ Serving from 55-8
Join us for Chef Bill McDaniel’s final dinner at the POA
Queen or King cut prime rib ~ $15.99/$17.99
Italian Stuffed Chicken ~ $12.99 or Shrimp Scampi ~ $14.99
Dinner includes appetizer, salad w/bread, choice of twice baked potato or French fries
(no potato w/shrimp), vegetable and dessert. Call to reserve your time. 739739-2607
STATE OF THE ASSOCIATION
The 2014 fiscal year ended with the Association exceeding the budgeted maintenance fee revenue,
collecting 89% of the 2014 Maintenance Fees. For a second straight year the Association finished out 2014 in
the black, have a balance in the checkbook at year end of close to $23,000.00. This continues to help us build
our reserve accounts as recommended by our Accountant. In 2014 we were able to once again make many
capital improvements in and around the association, such as continuing to replace fences around the
subdivision, new driveway at the Beach Club and tree removal in our storage area for added storage spaces,
just to name a few.
For a third year in a row the association didn't see any “new builds” from the Architectural Control
Committee. However, we did see many new home and lot owners in 2014: twenty two new homeowners,
same number as last year and 92 vacant lot sales for 2014, up 10 from the same time last year. We welcome
all those new members again, and we look forward to meeting you.
The Finance Committee has worked hard assuring operation within the 2014 budget, as well as
continuation of collection of delinquent accounts. The 2015 budget was presented to the Board of Directors
in January and has gained unanimous approval. The start of 2015 looks very promising for the budget and
providing some more much needed maintenance to the amenities, as well as continuing to add to the reserve
accounts for that “rainy day”.
The Beach Club will be looking for a new cook/chef. Bill McDaniel will be leaving us to take a job on the
west side of the state, he has been a great asset to the POA and he will be greatly missed. We wish him all the
best in his new endeavors. With this said, please be patient with us and this transition as we fill this position.
Finally, I would also like to personally thank those members who make up the committees of the POA.
These members volunteer their time to help enforce “Rules and Regulations,” “Architectural Control
Standards,” and “Articles of Organizations and By-Laws.” Thank you all for your time!!
Gina Cinquino, Executive Director
From your President…
I am very optimistic as we begin another promising year of service here at
Lakewood Shores. This optimism is based on the progress that the POA has
achieved working together as a team comprised of caring and committed property
owners, an excellent staff who takes great pride in doing their job to the best of
their ability in all of their work endeavors and a Board of Directors whose vision is
to deliver the services and amenities that the developers of Lakewood Shores
envisioned some 47 years ago. In 2011, your Board of Directors spent several
months compiling what is called a SWAT Analysis. The purpose of this
undertaking was to arrive at a strategic plan to address the future needs of the
POA. Based on this analysis, 2015 is the year to address the needs of the aging
tennis courts and the Racquet Club. Using the team approach of caring members,
a hard working staff and a Board of Directors that is committed to excellence, I am
again very optimistic that the end results will be a Lakewood Shores Property
Owners Association that we can all take great pride in our collective
accomplishments for the year 2015.
Charles “Buzz” Steffes
2014 YEAR END - FINANCIAL STATUS
Beginning Cash Balance - January 1, 2014
2014 Revenue
Net 2014 Funds Available
Minus 2014 Expenses
Minus Acquision of Capital Expenses
Adjustment for Inventory, Payroll Liabilies, Bad Debt & Other Accruals
$ 90,357.00
$ 484,119.00
$ 574,476.00
$(422,298.00)
$( 58,565.00)
$( 8,945.00)
Bank Balance - All Cash Accounts December 31, 2014
$ 84,668.00
Financial Report—2014
Association
Function
Actual Net
Percentage of Net
Annual Expense
Annual Expense
Breakdown of POA Breakdown of POA
Fees-Developed Lots Fees-Vacant Lot
Actual Data-2014
Fixed Operations
(Insurance/Taxes)
Administration
Maintenance
Security
Beach Club
Improvements/Renovations
Total
$ 24,526.11
6%
$ 18.00
$12.00
$ 128,622.42
$ 47,432.75
$ 69,509.63
$ 55,322.50
$ 58,565.16
$ 383,978.57
34%
13%
18%
14%
15%
100%
$102.00
$ 39.00
$ 54.00
$ 42.00
$ 45.00
$300.00
$ 68.00
$ 26.00
$ 36.00
$ 28.00
$ 30.00
$200.00
Budgeted-2014
Fixed Operations
Administration
Maintenance
Security
Beach Club
Improvements/Renovations
$ 24,819.00
$129,450.00
$ 57,700.00
$ 72,100.00
$ 51,000.00
$ 64,731.00
6%
33%
14%
18%
13%
16%
$ 18.00
$ 99.00
$ 42.00
$ 54.00
$ 39.00
$ 48.00
$ 12.00
$ 66.00
$ 28.00
$ 36.00
$ 26.00
$ 32.00
Total
$ 399,800.00
100%
$300.00
$200.00
Budgeted-2015
Fixed Operations
Administration
Maintenance
Security
Beach Club
Improvements/Renovations
$ 23,898.00
$ 130,000.00
$ 55,600.00
$ 73,900.00
$ 58,300.00
$ 46,502.00
6%
33%
14%
19%
15%
13%
$ 18.00
$ 99.00
$ 42.00
$ 57.00
$ 45.00
$ 39.00
$ 12.00
$ 66.00
$ 28.00
$ 38.00
$ 30.00
$ 26.00
Total
$ 388,200.00
100%
$300.00
$200.00
`
PLEASE!!! If you are inving a guest to use any of the facilies, please remember to get a guest
pass. This is required when parking/using ANY of the POA amenies.
This is an effort to keep your amenies/facilies safe from trouble and vandalism.
General Information
PLEASE NOTE!! Friday Night Dinner/Sunday Breakfast:
Friday night full menu and Sunday Breakfast menu will be in use until February 15th
as that is Bill’s last day with the POA. The future of the menu/winter hours are
uncertain at this time as we search for his replacement. I will make every effort to
keep you all informed as we move forward in filling this position.
Lakewood Shores Friends Directory
Are you included in our ‘Friends Directory’? Contact the office if you
would like to be included in the updated version. You will be required
to fill out an informa'onal sheet as we ask for your permission to
include your informa'on, we don’t publish your informa'on without
your approval. The directory has names and numbers of your neighbors
and also important numbers in and around the areas.
Are you getting the monthly ’Liaison’?
Several years ago the POA, in an effort to save money, went to
an electronic version only of the ’Liaison’ so if you are not
getting it please call the office and give us an email address. If
you do not use email we do offer a mailed version as well.
Administration Office—739-2607
Sunday Breakfast 9:00 am – 1:00 pm
Lunch Served Wednesday & Thursday 11:00 am – 2:00 pm
Dinner Served Friday 5:00 pm – 8:00 pm—We have the bar opened at 4:00 for happy hour,
snacks served.
Closed – Monday, Tuesday & Saturday
Comments or suggestions: send them to [email protected]
February 2015
SUNDAY
For
Reservations
Call
989-739-5360
or
989-739-2607
MONDAY
TUESDAY
Security
Happy
Hour
989-305-1146
(during the hours
of 9-4 weekdays)
1
2
Breakfast
Served
9:00—1:00
Super Bowl
XLIX
8
Breakfast
Served
9:00—1:00
Dining Room
Closed
9
Dining Room
Closed
Maint.. Mtg.
10:00 BC
15
Breakfast
Served
9:00—1:00
16 Quilters &
Crafters
10:00 am -B/C
Board
Meeting ~ 4:30
Beach Club
BEACH
CLUB
CLOSED
Breakfast
Served
9:00—1:00
23
Quilters &
Crafters
10:00 am -B/C
Dining Room
Closed
5
Ladies
Cards
11:00 am
Open for
Lunch 11-2
Pinochle
6:00 pm BC
11
6
Men’s Cards
10 am
Serving Lunch
11-2 pm
Mahjongg
10:30
12
Fin. Comm.
Mtg. 9:00 am
BC
Open for
Lunch 11-2
Mahjongg
10:30
24
BEACH
CLUB
CLOSED
BEACH
CLUB
CLOSED
18
Ladies
Cards
11:00 am
Open for
Lunch 11-2
Pinochle
6:00 pm BC
25
Ladies
Cards
11:00 am
Open for
Lunch 11-2
7
Dining Room
open 5-8 pm
Full menu/
Specials.
Reservaons
helpful
19
Dining Room
open 5-8 pm
Full menu/
Specials.
Reservaons
helpful
739-2607/5360
20
Men’s Cards
10 am
Serving Lunch
11-2 pm
Mahjongg
10:30
26
Dining Room
open 5-8 pm
Full menu/
Specials.
Reservaons
helpful
Mahjongg
10:30
14
Valentines
Dinner
Serving from
5-8
See front page
for more info
21
BEACH
CLUB
CLOSED
739-2607/5360
27
Men’s Cards
10 am
Serving Lunch
11-2 pm
BEACH
CLUB
CLOSED
739-2607/5360
13
Ladies
Cards
11:00 am
BEACH
CLUB
CLOSED
Jan 31
739-2607/5360
Men’s Cards
10 am
Serving Lunch
11-2 pm
17
SATURDAY
Dining Room
open 5-8 pm
Full menu/
Specials.
Reservaons
helpful
BEACH
CLUB
CLOSED
President’s Day
22
FRIDAY
Jan 30
4
10
Quilters &
Crafters
10:00 am -B/C
THURSDAY
served
Fridays 4-5
drink specials
and snacks
3
Quilters &
Crafters
10:00 am -B/C
WEDNESDAY
Dining Room
open 5-8 pm
Full menu/
Specials.
Reservaons
helpful
739-2607/5360
28
BEACH
CLUB
CLOSED
PRSRT STD
U.S. Postage
PAID
Mailed from
Zip Code 48750
Permit No. 30
Lakewood Shores POA- Reflections
Property Owners Association, Inc.
7701 E. Cedar Lake Drive
Oscoda, MI 48750
Administration ~ 989-739-2607/989-739-7556
Beach Club~ 989-739-5360
[email protected]
www.lakewoodshorespoa.com
WELCOME NEW MEMBERS!
Tim O’Brien, Anil Aggarwal, Jacob Gore, John Holenda
& Stewart Kasnick.
James & Margaret Curruthers 7071 Huntington Dr.
Scott McClarren & Ginny Cagle 7138 Lakewood Dr.
Bruce Geeraert 6917 Lakewood Dr.
2015 BOARD OF DIRECTORS
Name-Posi'on
Buzz Steffes, President
Colleen Nieman, Vice President
Irene Dunn, Treasurer
Dot Bissell, Secretary
Adam Curley
Diana Miller
Tony Dawson
Alysa Pichler
Tim Schmieder*
Commi-ee
(Maintenance)
(Ambassadors)
(Finance)
(Beach Club)
Phone
739-2732
820-2757
739-3744
739-8317
305-5000
739-4574
739-3809
329-2623
569-6293
Term Expires
06/15
06/16
06/16
06/16
06/15
06/15
06/17
06/17
06/17*
*Appointed to fill a vacancy until the next Annual Meeting of the Members in June 2015.