Frustrated!

It would appear things have gone from bad to worse in the 2 and half years you mention, but I must begin by asking - how have you and your neighbors allowed things to get to this point? You haven't had elections in 2 years - how is it that your "president" continues to run the show? You pay dues and don't have a clue as to where the money's going - why hasn't anyone gone to the president and the other neighbor and demanded answers?

You don't say how big your neighborhood is, but then again it really doesn't matter because if everyone's had these questions and no one's gathered the other neighbors together and had a showdown with the "president", naturally he or she will do whatever suits his/her fancy.

So, that's your first step - go to this president and demand answers. He/she may not listen to you alone, but if you bring others along, it'll be pretty hard to ignore.

Then go find your bylaws and CCRs and read them - talking 'bout revolution is easy, but action is what counts. You may need to get a lawyer or two (or make a threat to do so) to get receipts, contracts, cancelled checks, account statements and other documents to make sense of where the money's going. Then, begins the work of appointing people who will do the right thing. You'll also need to enact various checks and balances to make sure everyone does the right thing. Good luck!