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 861000252 POWER RANCH COMMUNITY ASSOCIATION POWE 4806247041 8360 E VIA DE VENTURA STE L-100 SCOTTSDALE AZ 85258 MATTHEW DOMINY TREASURER 4806247041 2024-11-14 1 0 PAUL E HANSEN CPA P00471597 4804971250 2023 2024-10-15 13:58:12Z GORDON ENGSTROM 8360 E VIA DE VENTURA STE L-100 SCOTTSDALE AZ 85258 7667355 0 X WWW.POWERRANCH.COM X 2000 AZ PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY AND PROVIDE RECREATIONAL ACTIVITIES AND SOCIAL EVENTS FOR THE COMMUNITY. 7 7 0 40 0 0 0 0 6446626 7312305 96479 355050 0 0 6543105 7667355 0 0 0 0 0 0 0 0 0 5392161 6744252 5392161 6744252 1150944 923103 10506535 11654488 927419 1152269 9579116 10502219 PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY AND PROVIDE RECREATIONAL ACTIVITIES AND SOCIAL EVENTS FOR THE COMMUNITY. 0 0 5914225 5972671 PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY BY CONDUCTING THE MAINTENANCE AND IMPROVEMENTS OF LAKES, RECREATIONAL FACILITIES AND RIGHT OF WAY ALONG DEDICATED CITY STREETS. 93291 34845 PROVIDE RECREATIONAL ACTIVITIES AND SOCIAL EVENTS FOR THE MEMBERS OF THE COMMUNITY. 6007516 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 0 0 1 25 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 X CAPITAL CONSULTANTS MGT CORP-AZRA SIBIC 4806247041 8360 E VIA DE VENTURA STE L-100 SCOTTSDALE AZ 85258 X ANH JUNG DIRECTOR 4.00 X 0 0 0 JENNIFER ROTTA DIRECTOR 4.00 X 0 0 0 KENNETH STARKS DIRECTOR 4.00 X 0 0 0 GORDON ENGSTROM PRESIDENT 4.00 X 0 0 0 MIKE STONE VICE PRESIDENT 4.00 X 0 0 0 CRYSTAL GLAIM SECRETARY 4.00 X 0 0 0 MATTHEW HARRISON TREASURER 4.00 X 0 0 0 0 0 0 0 0 0 0 FOUR PEAKS LANDSCAPE MANAGEMENT 3711 E SUPERIOR AVE PHOENIX AZ 85040 LANDSCAPE SERVICES 2169426 CCMC 8360 E VIA DE VENTURA BLVD L100 SCOTTSDALE AZ 85258 MANAGEMENT SERVICES 1246800 TRIBAL WATERS 2630 W DEER VALLY RD PHOENIX AZ 85027 POOL CONTRACTOR 488239 DESERT POOL LLC 15023 N 100TH PL SCOTTSDALE AZ 85260 POOL CONTRACTOR 192993 CHDB LAW 1400 E SOUTHERN AVE STE 400 TEMPE AZ 85282 ATTORNEYS 178122 7 PROTECT/MAINTAIN AESTH 531390 7273460 7273460 PROVIDE RECREATIONAL 531390 38845 38845 7312305 355050 355050 7667355 7312305 0 355050 1155920 1070000 85920 177592 177592 16175 16175 350709 350709 11252 11252 785494 785494 90541 78927 11614 LANDSCAPING 2026635 2026635 RESERVE EXPENSES 1178679 1178679 CONTRACT SERVICES 411915 411915 REPAIRS AND MAINTENANCE 362575 362575 176765 93291 83474 6744252 6007516 736736 0 1838518 1825353 3210404 3315961 277468 306905 24044 10813 2431775 925274 1633243 1506501 3522458 4640017 400 48938 10506535 11654488 159492 428773 655983 647318 111944 76178 927419 1152269 X 1291850 1095633 8287266 9406586 9579116 10502219 10506535 11654488 923103 0 X 0 1 X 1 0 1588823 493188 1095635 442718 104839 337879 313346 266137 47209 86888 61110 25778 1506501 INVESTMENTS 4640017 C 4640017 DEPOSITS PAYABLE 5498 COLLECTION FEES 70680 76178 X 7667355 0 7667355 0 7667355 6744252 0 6744252 0 6744252 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 RECOGNIZED 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 POSITIONS FOR THE YEAR ENDING DECEMBER 31, 2023. THE ASSOCIATION BELIEVES THAT ITS INCOME TAX FILINGS 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 US 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 COMMUNITY 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 DECISIONS FOR THE COMMUNITY ARE SUBJECT TO BOARD APPROVAL. 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 ORGANIZATION MAKES THE INFORMATION CONTAINED IN LINE 19 AVAILABLE TO THE PUBLIC AT THE OFFICERS OF ITS MANAGING AGENT UPON REQUEST. MADE AVAILABLE TO MEMBERS UPON REQUEST.