LPN Board of Managers Enters Fifth Year
By Susan Thompson
A board of managers that oversees the Lake Panorama National operation is entering its fifth year. While the Lake Panorama Association has owned the LPN golf course since 1977, it has only owned the LPN conference center since 2005.
At the time the conference center was purchased, the LPA board established the legal corporate entity known as “LPN, LLC” to manage this wholly owned subsidiary. The Panorama West golf course and clubhouse was placed under LPN, LLC management in 2013.
Keeping the two business entities separate meant the LPA board of directors’ involvement in LPN, LLC should be limited to broad overviews. After several years of discussion and legal advice, the LPA Board of Directors created and appointed the LPN Board of Managers, which held its first meeting October 6, 2015.
The LPN, LLC board works with Royce Shaffer, operations manager, and John Rutledge, director of operations, to oversee LPN policies and direction.
The LPA board provides oversight of the LPN, LLC board. At its December meeting, the LPA board appointed Jim Koch to a new three-year term on the LPN board. He had served since April 2019 after being appointed to fill the position vacated by Julie Wykoff.
Also appointed by the LPA board at its December meeting to a new three-year term was Shanell Wagler. She replaces Dave Butterwick. Both Butterwick and Wykoff had served on the board since its inception. Other current board members are Katelyn Brelsford, John Coghlan, Dave Greiner, Sue Merryman and Gregg Steffen.
Officers for 2020 were elected at the LPN, LLC’s December board meeting. Greiner is president, Brelsford is vice president, and Koch is secretary-treasurer.
As a 501(c)4 nonprofit organization, LPA is required to pay taxes only on gains from land sales. Revenues from dues and assessments are not taxable. Keeping the LPA and LPN, LLC operations separate protects the nonprofit status of the LPA.