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Mr. Daniel L. Johnston

HQ Phone: (814) 371-0711

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Treasure Lake Property Owners Association Inc

13 Treasure Lake

Du Bois, Pennsylvania 15801

United States

Company Description

Treasure Lake, ‘the community for all seasons' shall provide year round residential and recreational opportunities professionally delivered in a fiscally sound secure environment that will enhance the quality of life for owners and guests. ... more

Find other employees at this company (19)

Background Information

Employment History


DJCPA Enterprises

Handicap Chair


Chief Financial Officer

Able Energy Inc


All American Plazas Inc


Price Waterhouse Management Consultants


Committee Member
Western Pennsylvania Golf Association


Westminster College

Web References (40 Total References)

Course Rating Review Committee - WPGA [cached]

Dan Johnston, Treasure Lake Golf Club

Key Contacts [cached]

Chief Financial Officer, Dan Johnston: Ext. 104 • E-Mail

Handicap Committee - WPGA [cached]

Dan Johnston, Treasure Lake Golf Club, Chair

Chief Financial Officer Daniel ... [cached]

Chief Financial Officer Daniel Johnston testified Tuesday in a hearing before the Treasure Lake Advisory Board.

Johnston has been the CFO at Treasure Lake for about four years. He also served a three-year term on the board from 2003-06.
Johnston said the uncollectible debts aren't written off as there is a hope someday the POA will have the manpower and money to collect it. He said the assessment at the end of 2011 was $788. It is $835 this year. Johnston said there are limitations to how high the assessment can be raised each year. When Sandy Township Attorney Scott Wyland asked what amount that was, Johnston said not more than 10 percent without the "super majority of the board" voting in favor of it.
Johnston said there are plenty of people who would help man the borough. He said he is comfortable with the current management structure of the POA.
Johnston said, financially, the POA has been on the upswing for the last four years. It bought the golf courses in 1996 and about 3,000 acres of undeveloped land in the community. Since then, it has been working on paying down that debt. Johnston said the The POA is slated to pay the debt off on time or one year early. The organization's major delinquent payments relate to vacant lots. About 40 percent of those vacant lots are owned by 10 or 11 different entities. The POA has made attempts to collect the delinquent money to the level its budget can sustain. Johnston said going after the delinquent payments comes at a significant cost since many of the property owners live out of state. He said there are about 1,100 lots just to file liens and claims on in which the owners are in bankruptcy. q q q

TLPOA Chief Financial Officer Dan ... [cached]

TLPOA Chief Financial Officer Dan Johnston reported that assessment collection on permanent lots is 4,169, which is 18 ahead of the budgeted 4,150. He said collections of last year's assessments totaled $36,000 and $31,000 for more for years prior to that.

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