Parkway Oaks #5 Homeowners Association

Association budget

Posted in: Cabrillo Park
Grant awarded

I want to encourage every one to use the ''Talk About It '' section as an open forum and means of communication.

As soon as we get a bank account established they will write a check for start up funds. One catch is that they can?’t pay for the IRS filing fees which I believe we need to establish a bank account. I need to find out more about the requirements for the bank account and how to set it up. Below is what I proposed for the grant.

6. How will the grant money be spent? Include a budget for the requested amount.
PO Box $44
Non-Profit filing fee (Secretary of State) $30
IRS filing fee $150
Receipt book for dues $6
Postage (995 X .37) $368.15
Printing (995 X 2 X .07) $139.30
Stationary (100 X .07) $7.00
Envelopes $10.00

Total $754.45


7. What is the total projected budget (in addition to your grant request)? Give a breakdown of costs.
PO Box $44
Non-Profit filing fee (Secretary of State) $30
IRS filing fee $150
Receipt book for dues $6
Postage (995 X .37) $368.15
Printing (995 X 2 X .07) $139.30
Stationary (100 X .07) $7.00
Envelopes $10.00
Neighborhood Signs $200.00
Total $954.45

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