If they have a bank account with your neighborhood's name associated with it, it's only a matter of time before the need for community property becomes a hot topic. In order for that to happen, the kind of an hoa must become an incorporated HOA with things in place to protect the HOA board of directors from the evil homeowners, like the power to FORECLOSE on homes that will not comply with rules, pay fines or pay dues. Never trust these people, and try to put together an opposing group of home owners that feel strongly against any HOA infiltration, before it gets worse.
They have to register with the state first and that would require a homeowners vote. Without notification it goes nowhere. With notification all forces come to alert for deployment :)