2024-11-14T19:47:47-06:00 2023-12-31 860907754 BUTLER HANSEN PLC 1734 EAST BOSTON STREET STE 101 GILBERT AZ 85295 990 2023-01-01 237439655 AHWATUKEE RECREATION CENTER INC AHWA 4808932549 5001 EAST CHEYENNE DRIVE PHOENIX AZ 85044 CURT HENCH TREASURER 4808932549 2024-11-14 1 0 PAUL E HANSEN P00471597 4804971250 2023 2024-10-15 13:58:12Z ANDY WANGSTAD 5001 EAST CHEYENNE DRIVE PHOENIX AZ 85044 2240691 0 X WWW.ARCAZ.NET X 1974 AZ AHWATUKEE RECREATION CENTER (ARC) IS RESPONSIBLE FOR VISIONING AND FACILITATING INITIATIVES THAT ENHANCE RESIDENT'S QUALITY OF LIFE, SERVE COLLECTIVE INTERESTS AND PROMOTE THE RECREATION CENTER. THE ARC OFFERS MANY AMENITIES FOR ITS MEMBERS SUCH AS PICKLEBALL COURTS, LAWN BOWLING, A LARGE OUTDOOR POOL, AN INDOOR POOL AND SPA, AEROBICS STUDIO AND CRAFTS BUILDING. THE ARC HOSTS AN ARTS AND CRAFTS FAIR AND ALSO FEATURES DANCES AND ENTERTAINMENT FOR ITS MEMBERS TO ENJOY. THE COMMUNITY NEWSPAPER, ARC LIFE, PROVIDES INFORMATION ABOUT EVENTS AND HAPPENINGS IN THE COMMUNITY. 7 7 23 200 20493 59120 0 0 1468124 1626623 29719 20493 879 889 1498722 1648005 0 0 0 0 465241 517659 0 0 0 854247 857349 1319488 1375008 179234 272997 4184614 4494318 63220 99927 4121394 4394391 THE ASSOCIATION PROMOTES THE COMMON GOOD AND WELFARE OF THE RESIDENTS AND MEMBERS OF AHWATUKEE RECREATION CENTER, INC. AND SURROUNDING AREAS. 0 0 1348041 1627512 AHWATUKEE RECREATION CENTER (ARC) IS RESPONSIBLE FOR VISIONING AND FACILITATING INITIATIVES THAT ENHANCE RESIDENT'S QUALITY OF LIFE, SERVE COLLECTIVE INTERESTS AND PROMOTE THE RECREATION CENTER. THE ARC OFFERS MANY AMENITIES FOR ITS MEMBERS SUCH AS PICKLEBALL COURTS, LAWN BOWLING, A LARGE OUTDOOR POOL, AN INDOOR POOL AND SPA, AEROBICS STUDIO AND CRAFTS BUILDING. THE ARC HOSTS AN ARTS AND CRAFTS FAIR AND ALSO FEATURES DANCES AND ENTERTAINMENT FOR ITS MEMBERS TO ENJOY. THE COMMUNITY NEWSPAPER, ARC LIFE, PROVIDES INFORMATION ABOUT EVENTS AND HAPPENINGS IN THE COMMUNITY. 1348041 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 23 0 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 X DARYL HUGHES 4808932549 5001 EAST CHEYENNE DR PHOENIX AZ 85044 X LISA KILPATRICK EX-OFFICIO ACTIVITIES 1.00 X 0 0 0 GUY SPALDING EX-OFFICIO PROPERTIES 1.00 X 0 0 0 ANDY WANGSTAD PRESIDENT 1.00 X 0 0 0 KATHLEEN ADAMSON SECRETARY 1.00 X 0 0 0 MICHALENE EVES TREASURER 1.00 X 0 0 0 ROBERT THOMAS VICE PRESIDENT 1.00 X 0 0 0 JACK ARMSTRONG ASSISTANT TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 ANNUAL ASSESSMENTS 531390 1260473 1260473 CLUB INCOME 531390 230222 230222 MEMBERSHIP INCOME 531390 119194 119194 RENTAL INCOME 531390 8504 8504 MEMBERS SUPPORT INCOME 531390 8230 8230 1626623 81581 81581 531598 592686 -61088 -61088 -61088 MISCELLANEOUS INCOME 531390 889 889 889 1648005 1627512 20493 0 467587 467587 8009 8009 42063 42063 18353 18353 15644 15644 106942 106942 169293 169293 20601 20601 CLUB EXPENSES 137732 137732 REPAIRS AND MAINTENANCE 119530 119530 ACTIVITIES 112757 112757 MAJOR REPAIRS & REPLACE 68714 68714 87783 76460 11323 1375008 1348041 26967 0 188069 225926 352071 546229 3369540 1023619 2235439 2345921 1409035 1376242 4184614 4494318 60830 83435 2390 16492 63220 99927 X 2360288 2471920 1761106 1922471 4121394 4394391 4184614 4494318 272997 0 X 0 1 X 0 0 2804141 635424 2168717 565399 388195 177204 2345921 SHORT TERM INVESTMENTS 398000 C LONG TERM INVESTMENTS 977000 C CERTIFICATE OF DEPOSIT 1242 C 1376242 16492 16492 X 1648005 0 1648005 0 1648005 1375008 0 1375008 0 1375008 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 IRS EXAMINATION. MANAGEMENT BELIEVES THAT IT 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 ANITICIPATE 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. FORM 990, PART VI, SECTION A, LINE 6 THE OWNER OF EACH LOT SHALL BE A MEMBER OF THE ASSOCIATION AND SHALL BE ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7A HOMEOWNERS ELECT OFFICERS AND BOARD MEMBERS FOR THE ASSOCIATION. 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 GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE AND UPON REQUEST.