Venture Out is a Condominium Community where the 1749 lots are owned by YOU, the homeowner. All lots are deeded to the individual owner and each owner also owns a 1,749th interest in the common elements.
Venture Out is governed by a nine member Condo Board; three new members are elected each February by the homeowners. The Condo Board sets policy and employees a General Manager to implement the policies set. The General Manager in turn hires and supervises a staff of approximately 50 employees, who work to insure that Venture Out remains a premier resort.
Each March the Board convenes for a week for budget discussion and preparation. The annual budget is presented to the membership at a March Town Hall meeting and printed in the annual summer mailing. The Board oversees a multi-million dollar annual budget and reserve funds. Copies of the budget and the reserve study are available at the administration office. Condo fees are paid each quarter.
Venture Out government is unique with the addition of the nine member Social Board. Three new members are elected each March. The Social Board sets policies for the twenty eight clubs currently operating in Venture Out and supervises their own annual budget that helps fund the many exciting activities in the park each season. The fundraising done by the clubs helps support the many varied activities in the park, without adding the cost to the Condo Fees. It is also unique in that at the time the Social Board meets to set their budget, all needs of all clubs, no matter how small or large, are considered and most often met. The Condo Board approves the Social Boards budget and both Boards work together to insure that Venture Out residents enjoy only the finest in recreational opportunities.
In addition to the two Boards, The Condo Board is assisted by many additional Standing Committees.