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3/14/2016 11:44:19 AM
 
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Section 4: General Subject: Parks & Recs Cost Msg# 943926
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In fact I think our charging outsiders for our amenities may even be the problem
Not so. The IRS issue was that OPA did not allow non-members to buy beach club passes. Thus, IRS wanted OPA top pay taxes on the profits. What other OPA amenities or facilities are even making $1 profit after adjustment for cost of depreciation? |
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For reference, the above message is a reply to a message where: I may have posted this comment before: I believe our non-profit 501c tax status requires that we make our amenities available to the entire community, not just home owners. obviously tho, we are permitted to charge a fee differential. This seems to be some reference to our tax issues about beach parking a while ago. I still do not get that one or what it means. In fact I think our charging outsiders for our amenities may even be the problem, again I am not sure since I never really got the issue or the outcome since I even hear some conflict of views about the entire thing. |
| Calendar |
OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
4/26/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
5/24/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhpuse
6/28/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
7/26/2025 - 9:00 A.M. |