Our's is $400/yr and it's mostly for cutting common area grass and who knows what else. 4 years ago is the last meeting I attended. They had trouble getting anyone to volunteer to be President. After the management company literally begged anyone to volunteer, I stood up and said that the lack of interest in the position should who show how unimportant the HOA is to residents. I said I'd volunteer and my main focus would be to fire the management company and disband the HOA. Someone else volunteered taking a less aggressive approach.