Summary

The Prestonfield Homeowners Association is incorporated as a not-for-profit corporation in Illinois under the General Not For Profit Corporation Act of 1986. It was incorporated in June 2003. Its corporate purposes are governed by the Declaration recorded in Cook County, IL. The Board of Directors must consist of no fewer than 3 members at all times.

Applicable Rules

RuleSourceSection
Incorporated under Illinois General Not For Profit Corporation Act of 1986Articles of Incorporation 2003Preamble
Corporate purpose: governance of real/personal property preservation, maintenance, member welfareArticles of Incorporation 2003Article 4 / Exhibit A
Board of Directors minimum: 3 persons, never lessArticles of Incorporation 2003Article 5 / Exhibit A
Board size after first annual meeting: per Declaration and By-LawsArticles of Incorporation 2003Article 5 / Exhibit A
Checked “Yes” to Condominium Association — this was a filing errorArticles of Incorporation 2003Page 1 checkboxes
NOT a common interest community association under §9-102(a)(8) — Illinois Condominium Property Act does not applyDeclaration 2004Recitals
Owners do not have Condominium Property Act Board meeting attendance rightsDeclaration 20045.09

Corporate Filing Details

FieldDetail
Illinois SOS File No.6293-1264
FiledJune 2, 2003
Cook County Doc. No.0318149141
RecordedJune 30, 2003
IncorporatorElizabeth A. Kowalczyk, Meltzer Purtill & Stelle, Schaumburg IL
Initial Registered AgentDeborah T. Haddad, 1540 E. Dundee Rd. Suite 350, Palatine IL 60074

History

No meeting history recorded yet.

Document Hierarchy

The three governing documents have a clear priority order. In any conflict, the Declaration controls:

  1. Declaration (recorded April 20, 2004) — highest authority; requires 75% of owners to amend
  2. By-Laws (dated April 13, 2004) — operational governance; requires 2/3 of Directors to amend; may not conflict with Declaration
  3. Rules and Regulations (adopted 2013, updated 2021) — day-to-day rules; amended by Board vote alone

Condominium Association Question — RESOLVED

The Articles of Incorporation checked “Yes” to being a Condominium Association under the Illinois Condominium Property Act. The Declaration resolves this as a filing error. The Declaration’s Recitals explicitly state that Prestonfield is NOT a common interest community association as defined by Section 9-102(a)(8) of the Illinois Code of Civil Procedure. Section 5.09 of the Declaration further confirms that owners do NOT have the Board meeting attendance rights that the Illinois Condominium Property Act would require. The Illinois Condominium Property Act does not apply to Prestonfield.

Open Questions

  • The initial registered agent (Deborah T. Haddad) is likely no longer current. If the registered agent was never updated with the Illinois Secretary of State, the HOA may have a compliance gap. This should be verified through the state’s business registry.