CRESTED BUTTE SOUTH
PROPERTY OWNERS ASSOCIATION
61 Teocalli Road
Crested Butte, CO 81224
info@cbsouth.net
PH: 970-349-1162
© Copyright – Crested Butte South POA
Calendar at a glance
updated 7/15/2024
Thursdays July 11- September 19, 4-6 pm – Farmers Market – Red Mountain Park
Wednesday, July 17, 6:00 pm – BOD meeting – BOD 7.17.2024 Agenda
Thursday, July 30, 5:30 pm – DRC meeting – 7-30-24 DRC Meeting Agenda
VOTE – August 1 – 15 – Look for your email ballot form crestedbuttesouth@ivotehoa.com
Saturday August 24 – Annual Meeting – Notice & Agenda
To join any BOD or Subcommittee meeting virtually: https://us02web.zoom.us/j/85147198741
To join the DRC meeting virtually: https://us02web.zoom.us/j/88466811453
VOTE – Thursday August 1 – 15, 2024
Crested Butte South Property Owners Association members will vote on 2 issues:
- Board of Directors election. There are 4 board seat openings and 4 candidates. See below for candiatate biographies and qualifications.
- IRS Revenue Ruling 70-604.A “Yes” vote approves the election under Revenue Ruling 70-604 to “roll over” any excess “member income” (as defined by the IRS) from the current tax year to the next tax year. This is an important tax planning tool for the Association that requires approval by the membership in order to avoid possible dispute with the IRS in the event of a tax audit. Approval of this election by the members provides the Association with protection from negative tax results, and possibly saves the Association money that would otherwise be paid in taxes. At the advice of our CPA, there are no negative consequences to approving this election, but there is the possibility of negative consequences if it is not approved.
2024 Board of Director Candidates
Hannah Lang
With nearly 4 years living in CB South and over 7 years in the Gunnison Valley, I have over 10 years of experience working within the nonprofit sector, including management, grant writing, financial oversight, and event planning. Having been a part of the POA Board the past 2 years and having lived in mountain communities in Colorado since 2012, I am excited to continue to put my knowledge, experiences, and skills into being an active collaborative board member, I would like to continue building a community in CB South that is supportive and accessible to those that call it home. Our goals, priorities, and needs as a community will change over time and as a board member I will continue to be an active listener to those needs and wants from members of the POA.
Skills and experience include:
- Finance, accounting
- Grant writing
- Fundraising and special events
- Management, administration
- Nonprofit experience
- Teaching experience, curriculum development
Scott Clarkson
CB South homeowner since 2014. Nominated to serve the POA board in 2021. I co-chaired the Short-Term Rental subcommittee, a rewarding, productive process leading covenant change. I recently agreed to chair the Events & Donations Subcommittee. I have always lived in mountain resort towns/communities from VT to CA, and truly enjoy & appreciate the lifestyle, being involved, working closely, collaborating with my neighbors. I have my own consulting and artist management company. I work from home so I‘m available!
Skills and experience include:
- Grant writing
- Fundraising and special events
- Public relations, communications
- Management, administration
- Nonprofit experience
- Contacts, networking
Sue Schappert
I am presently on the POA Board and would like to continue working on policy for Short-Term Rentals in our community, to include amending our covenants and rules and regulations governing STR’s. I also enjoy serving on the DRC and will continue that position if elected.
Skills and experience include:
- Public relations, communications
- Management, Administration
- Contacts, networking
- Historic perspective
Theresa Truettner
My husband and I purchased commercial and residential land in October 2020 and January 2021, respectively. We bought our current residence in March of 2020 and moved our family here. We own and operate Zuni West Brewing Company in the commercial district of CB South, and my role is to oversee front of the house, operations, and manage recurring and special events.
I was born and raised in Crested Butte, and I feel truly grateful to be back here to raise my own daughter. After years away to school (Colorado College), adventures (teaching in China, traveling Asia), and (too many) years on the front range, our brewery is Denver (Zuni Street Brewing) was running smooth and we felt confident to begin work on our second location in CB South. Since returning in 2022, I have primarily worked alongside my husband to open Zuni West and raise our daughter, who just celebrated her 4th birthday. In Denver, I filled a role at Zuni Street similar to the one I have now at Zuni West.
I have a vested interest in the future in CB South, both as a business owner and a community member. I grew up in Crested Butte town limits and witnessed how the council and community organization tried to navigate the problems that come with rapid growth and seasonal populations spikes. CB South is now confronting, and will continue to confront, similar issues as we inevitably develop as a community. I see the next several years as an opportunity to set CB South on a path to becoming a functional, thriving neighborhood without losing the character and quality of like that we all love.
Skills and experience include:
- Fundraising and special events
- Management, administration
- Teaching experience
- Contacts, networking
IRS Revenue Ruling 70-604
A “Yes” vote approves the election under Revenue Ruling 70-604 to “roll over” any excess “member income” (as defined by the IRS) from the current tax year to the next tax year. This is an important tax planning tool for the Association that requires approval by the membership in order to avoid possible dispute with the IRS in the event of a tax audit. Approval of this election by the members provides the Association with protection from negative tax results, and possibly saves the Association money that would otherwise be paid in taxes. At the advice of our CPA, there are no negative consequences to approving this election, but there is the possibility of negative consequences if it is not approved.
Your Board of Directors makes every attempt to budget assessments to cover only necessary Association costs and expenses. However, due to timing of transactions and estimates made during the budget process, occasionally there is a minor “excess member income” at year end. This is a necessary business planning matter, as the Association needs to have sufficient working capital to pay its bills for at least one month ahead. Consequently, it is fairly normal to have excess member income. This excess is automatically “rolled over” as part of the budget process, meaning that the Board considers this amount in calculating next year’s budget.
