April Minutes 4.18.17
In attendance: Ken Schiewetz, Mark Moberg, Greg Bengeult, Makoto Sugiuchi, Anne Mesick, Audrey Isaacson, Nathalie Moberg
Treasurer’s Report:
- 2017 invoices were sent to homeowners on March 1 and payment was due by April 15. As of April 19, 59 households are current on their assessment payments.
- Financials were presented. Please see attached.
Recreation and Hospitality Committee:
- The board welcomed Anne Mesick and Audrey Isaacson, who are now heading up Mar Cheri’s Recreation and Hospitality committee.
- Anne and Audrey proposed creating and distributing welcome packets to new homeowners and sending condolence cards to Mar Cheri families who experience deaths in their households. They also suggested a summertime community garage sale, which would be open to all Mar Cheri homeowners. The board agreed these would be excellent ways to continue to create community in Mar Cheri. Anne and Audrey will assemble the welcome packets and plan the garage sale.
- Anne and Audrey also proposed that Mar Cheri consider creating a Neighborhood Block Watch, which can add to security in our community. Among other advantages, the Block Watch would serve to encourage neighbors to call one another when they notice suspicious activity or other potential trouble in the neighborhood. The board agreed that having Block Watch in Mar Cheri would be advantageous. Watch for more on this in the coming months.
Architecture Committee:
- Notices were sent regarding an RV in a driveway and a trailer in another driveway.
- One new exterior door was approved.
General Business:
- Ken is continuing to work with Lakehaven Utility District to determine who is responsible for maintaining a malfunctioning catch basin within Mar Cheri.
The next Mar Cheri board meeting will begin at 7 p.m. May 9th at the home of Greg and Vicki Bengeult.
Reminder: Please keep leaves clear of street drains and grass/weeds from sidewalk cracks.
Upcoming Events: 2017 Summer Party, July 9th, 4-8 p.m.
Phone Directory Updates: Please return any necessary changes to the phone directory with your homeowner’s assessment, or email changes to secretary@marcheri.org.
Mar Cheri Community Club
STATEMENT OF ACTIVITY
March 2017
| TOTAL | |
| REVENUE
Membership Assessments |
31,264.00 |
| Unapplied Cash Payment Revenue | -3,601.00 |
| Total Revenue | $27,663.00 |
| GROSS PROFIT | $27,663.00 |
| EXPENDITURES
General and Administrative |
212.78 |
| Landscape Expenses | 328.50 |
| Pool Expenses | 462.27 |
| Professional Services | 750.00 |
| Utilities | 148.51 |
| Total Expenditures | $1,902.06 |
| NET OPERATING REVENUE | $25,760.94 |
| OTHER REVENUE
Finance Charge |
44.10 |
| Total Other Revenue | $44.10 |
| NET OTHER REVENUE | $44.10 |
| NET REVENUE | $25,805.04 |
Cash Basis Tuesday, April 18, 2017 03:01 PM GMT-7
Mar Cheri Community Club
STATEMENT OF FINANCIAL POSITION
As of March 31, 2017
| TOTAL | |
| ASSETS
Current Assets Bank Accounts Checking Account |
26,795.64 |
| Reserve (Savings) Account | 25,371.35 |
| Total Bank Accounts | $52,166.99 |
| Other Current Assets | $0.00 |
| Total Current Assets | $52,166.99 |
| TOTAL ASSETS | $52,166.99 |
| LIABILITIES AND EQUITY
Liabilities Current Liabilities |
$0.00 |
| Total Liabilities | $0.00 |
| Equity
Opening Balance Equity |
21,697.26 |
| Retained Earnings | 3,458.48 |
| Net Revenue | 27,011.25 |
| Total Equity | $52,166.99 |
| TOTAL LIABILITIES AND EQUITY | $52,166.99 |
Cash Basis Tuesday, April 18, 2017 03:01 PM GMT-7