2024-11-13T23:29:28-06:00 2023-12-31 860907754 BUTLER HANSEN PLC 1734 EAST BOSTON STREET STE 101 GILBERT AZ 85295 990 2023-01-01 481260769 FOOTHILLS RESERVE MASTER OWNERS' ASSOCIATION INC FOOT 4807594945 PO BOX 803555 DALLAS TX 75380 DENNIS S TREASURER 4807594945 2024-11-13 1 0 PAUL E HANSEN CPA P00471597 4804971250 2023 2024-10-15 13:58:12Z DENNIS SCHLUETER PO BOX 803555 DALLAS TX 75380 326713 0 X WWW.FOOTHILLSRESERVE.ORG X 2000 AZ TO PROTECT AND MAINTAIN THE OVERALL AESTHETICS OF THE COMMUNITY AND TO PROVIDE RECREATIONAL ACTIVITIES. 5 5 0 9 0 0 0 0 272261 275496 56350 51217 11701 0 340312 326713 0 0 0 0 0 0 0 0 0 383081 356657 383081 356657 -42769 -29944 4734296 4387350 987493 655424 3746803 3731926 TO PROTECT AND MAINTAIN THE OVERALL AESTHETICS OF THE COMMUNITY AND TO PROVIDE RECREATIONAL ACTIVITIES. 0 0 271105 275498 TO PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY BY CONDUCTING THE MAINTENANCE AND IMPROVEMENTS OF RECREATIONAL FACILITIES AND RIGHT OF WAY ALONG DEDICATED CITY STREETS AND BY PROVIDING GENERAL COMMUNITY SERVICES. 271105 0 0 0 0 0 0 0 0 0 0 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 0 0 1 16 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 X VISION COMMUNITY MANAGEMENTREAL MANAGE 4807594945 16625 SOUTH DESERT FOOTHILLS PHOENIX AZ 85048 X LISA AIKEN DIRECTOR 2.00 X 0 0 0 RANDY GALLAGHER DIRECTOR 2.00 X 0 0 0 ROBIN HADDEN DIRECTOR 2.00 X 0 0 0 SHERYL RANGEL-GETHNER DIRECTOR 2.00 X 0 0 0 ANNA WHITTON DIRECTOR 2.00 X 0 0 0 DENNIS SCHLUETER PRESIDENT 2.00 X 0 0 0 AARON HINMAN TREASURER 2.00 X 0 0 0 JOHN STREM VICE PRESIDENT 2.00 X 0 0 0 0 0 0 0 0 0 0 0 ASSESSMENTS 531390 245768 245768 FEE INCOME 531390 24650 24650 LEGAL FEE REIMBURSEMEN 531390 4878 4878 MISCELLANEOUS INCOME 531390 200 200 275496 51217 51217 326713 275496 0 51217 26400 26400 25489 25489 13188 13188 6854 6854 900 900 43003 43003 6733 6733 LANDSCAPING AND COMMON 100813 100813 RESERVE EXPENSES 41860 41860 OTHER ADMINISTRATIVE EX 38210 38210 ADOT FUND ADMINISTRATIV 26946 26946 26261 26261 356657 271105 85552 0 2937915 102662 462381 2950463 1334000 1334000 0 225 4734296 4387350 27144 25788 960349 629636 987493 655424 X 3746803 3731926 3746803 3731926 4734296 4387350 -29944 15067 0 X 0 1 X 0 0 0 DESIGNATED INVESTMENTS - ADOT SETTLEMENT FUNDS 1334000 C 1334000 ADOT HOMEOWNER SETTLEMENT PASS-THROUGH LIABILITY 629636 629636 X 326713 0 326713 0 326713 356657 0 356657 0 356657 PART X, LINE 2: THE CORPORATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS, IF ANY, IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION SECTION 740. IN ACCORDANCE WITH THESE PROFESSIONAL STANDARDS, THE CORPORATION 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 IT HAS NO UNCERTAIN TAX POSITION FOR THE YEAR ENDING DECEMBER 31, 2023. THE CORPORATION 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 CORPORATION'S FINANCIAL CONDITION, NET INCOME OR CASH FLOWS. ACCORDINGLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX PROVISIONS AT DECEMBER 31, 2023. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE NO AUDITS CURRENTLY IN PROGRESS FOR ANY TAX PERIODS. THE CORPORATION 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 3 THE ASSOCIATION HAS OBTAINED THE SERVICES OF A RESIDENTIAL PROPERTY MANAGEMENT COMPANY TO MANAGE THE AFFAIRS OF THE ASSOCIATION. 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.