2024-11-14T12:26:14-06:00 2023-12-31 860907754 BUTLER HANSEN PLC 1734 EAST BOSTON STREET STE 101 GILBERT AZ 85295 990 2023-01-01 860518373 GAINEY RANCH COMMUNITY ASSOCIATION GAIN 4809510321 7720 GAINEY RANCH ROAD SCOTTSDALE AZ 85258 EUGENE KAULIUS PRESIDENT 4809510321 2024-11-14 1 0 PAUL E HANSEN CPA P00471597 4804971250 2023 2024-10-15 13:58:12Z EUGENE KAULIUS 7720 GAINEY RANCH ROAD SCOTTSDALE AZ 85258 5260067 0 X WWW.GAINEYRANCHCA.COM X 1984 AZ THE ASSOCIATION PROMOTES THE COMMON GOOD AND GENERAL WELFARE OF THE RESIDENTS OF GAINEY RANCH AS WELL AS THE SURROUNDING COMMUNITY AT LARGE. 5 5 32 0 0 0 0 0 4987485 5250041 1675 5475 23025 4551 5012185 5260067 0 0 0 0 3161089 3384457 0 0 0 2138445 1791630 5299534 5176087 -287349 83980 8056656 7786200 6713573 6359137 1343083 1427063 X GAINEY RANCH COMMUNITY ASSOCIATION PROVIDES FOR THE OPERATION, MAINTENANCE, AND PRESERVATION OF RECREATIONAL, OFFICE, MAINTENANCE, AND OTHER FACILITIES, AS WELL AS COMMON AREAS, WITHIN THE COMMUNITY OF GAINEY RANCH. GAINEY RANCH PROVIDES MANAGEMENT, MANAGEMENT SUPPORT, ADMINISTRATIVE AND MAINTENANCE SERVICES TO ALL GAINEY RANCH SATELLITE ASSOCIATIONS. 0 0 4992604 5233917 PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY BY CONDUCTING THE MAINTENANCE AND IMPROVEMENTS OF LAKES, RECREATIONAL FACILITIES AND RIGHT OF WAY ALONG DEDICATED STREETS. 67844 20675 PROVIDE RECREATIONAL ACTIVITIES AND SOCIAL EVENTS. 5060448 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 81 0 32 1 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 0 0 0 X MICHAEL HUNTER 4809510321 7720 GAINEY RANCH ROAD SCOTTSDALE AZ 85258 X GARY LEV DIRECTOR 0.25 X 0 0 0 RICHARD BROWN TREASURER 0.25 X X 0 0 0 ANDY ORENT VICE PRESIDENT 0.25 X X 0 0 0 EUGENE KAULIUS PRESIDENT 4.00 X X 0 0 0 JAMES FUNK EMPLOYEE 40.00 X 188812 0 0 ANNE HERBERT EMPLOYEE 40.00 X 107984 0 0 DAVID MERRILL EMPLOYEE 1.00 X 104925 0 0 401721 0 0 3 0 1 0 C&TC LLC DBA ARBOR CARE EXPERTS 2227 E WESCOTT DR PHOENIX AZ 85024 LANDSCAPING 189978 CGV DIVERSIFIED SERVICES LLC 11445 E VIA LINDA STE 2-450 SCOTTSDALE AZ 85259 LANDSCAPING 123825 2 ASSESSMENT INCOME 531390 4404209 4404209 FEES INCOME 531390 796845 796845 OTHER INCOME 531390 48987 48987 5250041 5475 5475 4551 0 4551 4551 4551 5260067 5254592 0 5475 2935380 2935380 449077 449077 64761 64761 50878 50878 433023 433023 249535 249535 374188 374188 79819 79819 OUTSIDE SERVICES 831955 831955 REPAIRS AND MAINTENANCE 567714 567714 SUPPLIES 241782 241782 OTHER EXPENSES 77737 77737 -1179762 -1179762 5176087 5060448 115639 0 510245 749210 710838 450000 42450 96095 31651 21545 41648 48026 8602639 2183292 6719824 6419347 0 1977 8056656 7786200 357203 347830 91447 87840 5889510 5633198 128853 246560 290269 6713573 6359137 X 1343083 1427063 0 0 0 0 1343083 1427063 8056656 7786200 83980 0 X 0 1 X 0 0 6208467 1018679 5189788 2394172 1164613 1229559 6419347 CIT LOAN - CURRENT PORTION 256320 DUE TO/FROM SATELLITIES 33949 290269 X 5260067 0 5260067 0 5260067 5176087 0 5176087 0 5176087 PART X, LINE 2: THE ASSOCIATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS, IF ANY, IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION SECTION 740. IN ACCORDANCE WITH THESE PROFESSIONAL STANDARDS, THE ASSOCIATION RECOGNIZES TAX POSITIONS ONLY TO THE EXTENT THAT MANAGEMENT BELIEVES IT IS "MORE LIKELY THAN NOT" THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT IS HAS NO UNCERTAIN TAX POSITION FOR THE YEAR ENDING DECEMBER 31, 2023. THE ASSOCIATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ASSOCIATION'S FINANCIAL CONDITION, NET INCOME OR CASH FLOWS. ACCORDINGLY, THE ASSOCIATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX PROVISIONS AT DECEMBER 31, 2023. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE NO AUDITS CURRENTLY IN PROGRESS FOR ANY TAX PERIODS. THE ASSOCIATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2021, OR BY ARIZONA STATE TAX AUTHORITIES FOR YEARS BEFORE 2020. 0 0 0 0 0 0 0 0 0 JAMES FUNK EMPLOYEE 188812 0 0 0 0 0 0 0 0 0 188812 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 EACH UNIT OWNER WITHIN THE HOMEOWNERS ASSOCIATION IS A MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A HOMEOWNERS ELECT OFFICERS AND BOARD MEMBERS FOR THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B ANY SUBSTANTIAL CHANGES TO THE ORGANIZATIONAL DOCUMENTS ARE APPROVED BY THE GENERAL MEMBERSHIP OF THE COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND SIGNATURE BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE THROUGH ITS ONSITE ADMINISTRATIVE OFFICE. NO DOCUMENTS AVAILABLE TO THE PUBLIC.