What if a president of the condominium association is collecting $ 100 per month from condo fees as a revenue source?

And if a president of the condominium association is collecting $ 100 per month condo fees as a revenue source? As much as I think they should not receive this product, how, if any, must be completed to make sure you pay taxes on that income from me and members of other condominiums are you doing? Only there are three people total membership in this association. If you do not report to the IRS, how can I contact for the investigation of such income? I know that This may seem silly, but she is making $ 1,200 / year. beyond our own money. Please help.

Why not have your call a meeting of the Association to discuss how money is spent? The condominium association is nonprofit, the money is not going to her as income. Pay Fees for exterior maintenance, exterior lighting, landscaping, liability insurance, … any number of things, determined by the association. ask A copy of the statutes of the association, or a copy of the annual budget.

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