AnnuAl RepoRt

2016-2017

Chimney HillOWNERS ASSOCIATION, INC.

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Board Members and Staff ............................................................................................ 4Certificates of Appreciation .......................................................................................... 5Auditors’ Report ......................................................................................................... 6- 7

Financial Statements:Balance Sheets ............................................................................................................. 8Statements of Revenues and Expenses ....................................................................... 9Statements of Changes in Members’ Equity ............................................................... 10Statements of Cash Flows ........................................................................................... 11Notes to Financial Statements ............................................................................... 12-16Supplementary Information on Future Major Repairs and Replacements ................... 17

Chimney Hill Owners Association, Inc.PO Box 415

9 Haystack RoadWilmington, Vermont 05363

802-464-2181www.chimneyhill.com

CONTENTS

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Dennis Heberlein, PresidentGene Clark, Immediate Past PresidentKerri Tyerman, VP/Treasurer, 2019 Patricia Nye, VP/Secretary, 2017James McConnell, Director at Large, 2017Jane Cary, 2018Diana Gould, 2018Jason Hoagland, 2017

Dennis Heberlein, President (r) presenting Ken Spicer, Executive Director, with recognition award for 30 years of outstanding service to the Association at the 2016

Annual Meeting .

DIRECTORS

Thomas AndersonMarguerite BaborRobert J. BertiniCarol A. BogardJames R. BogardJoseph D. BonitatebusJoseph BoothJoseph J. BulbaWilliam J. BurtVictoria CapitaniWilliam C. CarrollRonald CavalliRichard C. ChristensenLawrence ChristianKate ClarkRobert A. CloutierLarry D. CohenWatson S. CoverdaleHugh L. CoxCraig Creller

George R. DayharshJoseph DelaurentisJoseph F. DeLucaMarcella DeLucaPaul DiPietroSusan EnnisWilliam EvasickJoseph T. FarrellEric J. ForgoJoseph B. GeraciCarlotta G. Gladding Dr. Howard C. GlazerRichard S. GoldbergCharles M. GreerStephen GrenierJohn D. HalotekIra B. Hillyer Mary Ann HolthausKevin P. HoodG. Norman Hoover

Vincent L. IngleseScott W. JezekRobert B. KubicekKarl W. LuschenatGuido A. MaioloRichard L. MarshallJonas J. Meyer, IIIWilliam F. MeyerJoyce MiliaThorpe A. NickersonPaul L. NishballPerley J. NyeHelen H. O’BrienEleanor OrricoRichard G. PaolilloMyron Petrycki Marvin E. PritchardJames J. RuaneKevin J. RyanDavid H. Sagerman

Roy J. SchluterLarry SimeRoger SmallStephen SmallClifford StammDennis A. StarrMonique StenquistLouis R. Tagliatela, Jr.John A. TullioRerenc L. Vasadu-KovacsRobert D. Waller, Jr.Felicia WatsonCharles WeaverRobert J. WengerJohn J. WhelanRoger ZaklukiewiczJohn ZelleStephen Zelle

PAST DIRECTORS

*Thorpe Nickerson 1972-75Richard C. Christensen 1975-77Helen H. O’Brien 1977-78Roger Small 1978-80William J. Burt 1980-82Ira B. Hillyer 1982-84Richard G. Paolillo 1984-86Jonas Meyer, III 1986-88

Dennis A. Starr 1988-90James R. Bogard 1990-92Vincent L. Inglese 1992-94Roy J. Schluter 1994-96Kevin P. Hood 1996-97Robert J. Bertini 1997-99Scott W. Jezek 1999-01Paul L. DiPietro 2001-04

Marguerite Babor 2004-06Lawrence Christian 2006-08Gene Clark 2008-2011Stephen Grenier 2011-2015

*Chairman of the Board of Homeowners Group prior to formation of Chimney Hill Owners Association in 1975.

PAST PRESIDENTS

STAFFExecutive DirectorKenneth B. Spicer

AdministrationFaith PowellWendy AcquavivaDon Koelsch

MaintenanceGary LaPostaDean ScottChris RossJared Karsch

ClubhouseJay Howes

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CERTIFICATES OF APPRECIATION

Certificates of Appreciation are given to those who have demonstrated volunteer efforts on behalf ofChimney Hill within a given year. Owners, staff, committee chairpeople and Board members present nominees

to the Board of Directors for consideration. The 2015-2016 Certificate of Appreciation was awarded to The Chimney Hill Staff.

1975-76 Roger Zaklukiewicz1976-77 Richard & Arlene Beckley John and Patricia Zach1977-78 Richard & Arlene Beckley Joan Klausner Jim and Patricia Nye John and Pat Zach Yves and Eileen Pariange1978-79 Elizabeth Bohorquez1979-80 John Zach1980-81 Warren Griswold Roger Chapdelaine Joseph DeLuca Peter & Eleanor Orrico Frank O’Neill, Sr. Stanley Friedman Louis and Judy Motta1981-82 William J. Herbert1982-83 Dennis A. Starr1984-85 Joseph H. Booth1985-86 Charles Cataldi George Madeux1986-87 Rosemary Cataldi1987-88 Dean Wilkins1988-89 Alvin and Rosalie Stump1989-90 Donald Travis1990-91 Carlotta Gladding1991-92 Patricia Nye

1992-93 John Zach1994-95 James Bogard Patricia Nye1995-96 Jean Belhumeur1996-97 Eleanor Schluter1997-98 Carlotta Gladding1998-99 Curt and Sue Doerrer James Bogard1999-00 Seymour & Alice Epstein2000-01 Monique Stenquist2001-02 Robert Bertini2002-03 James Bogard2003-04 Paul DiPietro2004-05 Bruce Ennis2005-06 Gary LaPosta2006-07 Rosalie Sutherland Stump2007-08 Faith Powell2008-09 Sherry Brissette Deerfield Valley Stump Jumpers2009-10 Susan Ennis2010-11 Landscape Committee2011-12 Carol and Richard Downs Keith Herbert2012-13 Faith Powell Cheryl Rusin2013-14 Bruce Ennis2014-2015 Clubhouse/Recreation Committee2015-2016 Chimney Hill Staff

Chimney Hill Staff, recipients of the 2015/2016 Chimney Hill Owner Association’s Certificate of Appreciation.

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