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During the years at issue, the Crestwood management staff
influenced the operations of Crestwood Association by recommend-
ing proper rental rates based on surveys and studies, proposing
capital improvements and providing cost estimates for such im-
provements, suggesting adoption of particular employee health
insurance plans, preparing budget drafts, and dealing with gov-
ernmental entities.
Petitioner's Involvement in the
Operations of Crestwood Association
During 1989 and 1990, petitioner was president of Crestwood
Association, chairperson of the board of Crestwood Association,
and chairperson of the executive committee of that board (exec-
utive committee) that was vested with the authority of the board
and was to act in the absence of a meeting of the board. On
April 7, 1990, petitioner was appointed chairperson of the man-
agement compensation committee of the board (management compensa-
tion committee). Petitioner received no compensation during the
years at issue for serving in any of those positions.
During the years at issue, as chairperson of the executive
committee, petitioner considered various issues relating to the
operations of Crestwood Association. During 1989, as chairperson
of the executive committee, petitioner considered issues relating
to the installation of a fire sprinkler system at Crestwood.
Although during the January 1989 board meeting the board had
given the executive committee the authority to enter into the
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Last modified: May 25, 2011