MLCA's 2024 Annual Meeting was held on October 15 at Waterside Crossing's clubhouse. President Ray Plachta reported there were 52 attendees representing 37 communities or about 57% of our total membership.
Ray introduced the current Board, gave a Financial report, a "Year In Review" presentation and presented the Nominations for the Board of Directors. All current Board Members are mid-term except with Jan Barnett, Ray Plachta and Mark Torres. By unanimous consent the Membership approved the recommended three board members, each for another three-year term. Additionally, Ray encouraged any interested members to consider becoming a part of the MLCA Board.
There was a brief discussion on possible future educational programs. Insurance was a topic of great interest. Jay Savan from Harbor Oaks volunteered to research possible "experts" to lead this topic.
Ray introduced Chuck Lovelace who led a spirited discussion on the Corporate Transparency Act (CTA). He reviewed issues related to the who, why, how, when and where of the Act. He also suggested that given the current pending legal issues there may be benefit for our Member Associations to join CAI to possibly be included in any possible future exemptions from the Act.
Following Chuck's presentation, Mark Torres walked the members thru the process of obtaining a FinCEN ID and filing the BOI Report on line.
Both Ray's and Chuck's PowerPoint presentations can be viewed on this website. (Members only)
October, 2024