2024-11-14T15:18:22-06:00 2023-12-31 750786316 WEAVER AND TIDWELL LLP 499 W SHERIDAN AVE SUITE 2450 OKLAHOMA CITY OK 73102 990 2023-01-01 756193943 THE LAS COLINAS ASSOCIATION LASC 9725412345 3838 TELEPORT BLVD IRVING TX 75039 HAMMOND J PEROT PRESIDENT 9725412345 2024-11-13 1 1 KIRBY ROSS P00298143 4055949200 2023 2024-10-15 13:58:12Z J HAMMOND PEROT 3838 TELEPORT BLVD IRVING TX 75039 17675253 0 X WWW.LASCOLINAS.ORG X 1973 TX TO SERVE AS THE STEWARD FOR THE LAS COLINAS COMMUNITY BY CREATING AND MAINTAINING AN EXCEPTIONAL ENVIRONMENT FOR MEMBERS. 6 6 53 15 0 0 0 0 14771065 16451430 188658 767417 588456 456406 15548179 17675253 0 0 0 0 4766749 5037977 0 0 0 10882141 13670034 15648890 18708011 -100711 -1032758 32037615 31898683 271165 1092095 31766450 30806588 X TO SERVE AS THE STEWARD FOR THE LAS COLINAS COMMUNITY BY CREATING AND MAINTAINING AN EXCEPTIONAL ENVIRONMENT FOR MEMBERS. 0 0 6554294 18096 COMMON PROPERTY - MAINTAINS PUBLIC PARKS AND GREEN BELTS; MAINTAINS LANDSCAPING OF AND CONTROLS LITTER IN THE STREETS, MEDIANS, CONTIGUOUS OPEN SPACES, AND RIGHTS-OF-WAY. 2898404 16103189 PUBLIC SAFETY AND CRIME PREVENTION - PROVIDES SECURITY PATROLS AND ALARM MONITORING TO THE COMMUNITY. 1074390 15555 PROPERTY COMPLIANCE - THE ASSOCIATION HAS A STAFF OF SEVEN PROPERTY COMPLIANCE OFFICERS WHO ROUTINELY MONITOR ITS PROPERTIES FOR ONGOING MAINTENANCE AS WELL AS COMPLIANCE WITH THE ASSOCIATION'S MAINTENANCE STANDARDS AND PREVIOUSLY APPROVED PLANS. 3967110 770996 ARCHITECTURAL CONTROL - REVIEWS AND APPROVES PLANS AND SPECIFICATIONS FOR ALL CONSTRUCTION AND IMPROVEMENTS IN THE DEED RESTRICTED AREAS OF LAS COLINAS AND MONITORS CONSTRUCTION AND MAINTENANCE OF IMPROVEMENTS TO DEED RESTRICTED PROPERTY. SPECIAL PROJECTS AND PUBLIC WORKS - TO PROVIDE SERVICES CONSISTENT WITH THE MISSION OF THE ASSOCIATION WITHIN THE COMMUNITY. 3967110 770996 14494198 0 0 0 1 0 0 1 0 0 1 0 0 0 0 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 29 0 1 53 1 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 X X LYNN C STRICKLAND 9725412345 3838 TELEPORT BLVD IRVING TX 75039 DANNY OPITZ CHAIRMAN 4.00 X X 0 0 0 HARRY LAKE VICE CHAIR 2.00 X X 0 0 0 KENNETH GWYN SECRETARY 2.00 X X 0 0 0 ANDREW LODEESEN TREASURER 2.00 X X 0 0 0 CARL KLINKE BOARD MEMBER 2.00 X 0 0 0 SUSHIL PATEL BOARD MEMBER 2.00 X 0 0 0 KEN REESE BOARD MEMBER (THROUGH MARCH 2023) 2.00 X 0 0 0 JOSEPH H PEROT PRESIDENT 42.50 X 300148 0 49323 LYNN C STRICKLAND ASSISTANT TREASURER 42.50 X 207165 0 19776 JENNIFER G AUSTIN ASSISTANT SECRETARY 40.00 X 176552 0 18996 J SCOTT WILSON DIRECTOR OF COMMON PROPERT 40.00 X 142529 0 18093 TIMOTHY C GLASS DIR. STRATEGIC PLAN. 40.00 X 135692 0 3988 JEFFREY S POSIVAL DIRECTOR 40.00 X 119137 0 17366 PHILIP A OCHSNER DIRECTOR 40.00 X 134370 0 17847 JAMES E COOK DIRECTOR OF SECURITY SERVICES 40.00 X 135553 0 17829 1351146 0 163218 8 0 1 0 BRIGHTVIEW LANDSCAPE PO BOX 31001-2463 PASADENA CA 911102463 LANDSCAPE SERVICE 2000316 ALLIED SECURITY PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY PATROL AND ALARM MONITORING 1977785 CHRISTMAS TREE WONDERLAND PO BOX 820654 IRVING TX 75382 INSTALLATION OF CHRISTMAS LIGHTS 668895 CLARK HILL ATTORNEY PO BOX 64158 PITTSBURGH PA 152648854 LEGAL SERVICES 183326 6 MEMBERSHIP ASSESSMENTS 813410 16103189 16103189 SPECIAL PROJECTS 813410 314590 314590 CPM REVENUE 813410 18096 18096 ACC REVENUE 813410 15555 15555 16451430 767417 767417 G&A REIMBURSEMENTS 900099 223853 223853 LATE FEES 900099 167976 167976 SD CHANGES 900099 64577 64577 456406 17675253 16907836 0 767417 771960 34947 737013 3192794 2416243 776551 97639 70088 27551 689779 507467 182312 285805 186942 98863 267902 97536 170366 34546 34546 305014 27609 277405 631094 625937 5157 403856 182347 221509 231524 231524 280119 14942 265177 87937 87305 632 16025 15510 515 1099679 790832 308847 196371 72606 123765 COMMON PROPERTY MAINTEN 5447366 5373279 74087 SPECIAL PROJECTS 2267014 2229547 37467 RESERVES 896165 754363 141802 ASSOCIATION UTILITIES 687229 656020 31209 818193 350678 467515 18708011 14494198 4213813 0 400452 981522 19928788 18869100 756909 502734 190442 209981 23346296 12010950 10761024 11335346 32037615 31898683 271165 1092095 271165 1092095 X 31720863 30761001 45587 45587 31766450 30806588 32037615 31898683 -1032758 72896 0 X X 0 1 X 1 0 0 0 0 16103189 24000 24000 64413 -40413 X X 0 937279 937279 6732822 1315317 5417505 9182 3265 5917 2739218 2634097 105121 12927795 8058271 4869524 11335346 X 17748149 72896 72896 17675253 0 17675253 18708011 0 18708011 0 18708011 PART III, LINE 4: THE ASSOCIATION OWNS AND IS RESPONSIBLE FOR THE MAINTENANCE OF A STATUE OF BEN H. CARPENTER, THE FOUNDER OF LAS COLINAS, AND OTHER WORKS OF ART ON DISPLAY IN PUBLIC AREAS. THIS STATUE IS ON PUBLIC DISPLAY IN FOUNDER'S PARK AT THE INTERSECTION OF JOHN W. CARPENTER FREEWAY AND RIVERSIDE DRIVE. PART X, LINE 2: EFFECTIVE FOR TAX YEARS BEGINNING AFTER DECEMBER 31, 1994, THE ASSOCIATION OBTAINED A RULING ALLOWING IT TO CHANGE ITS TAX STATUS TO A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, AS AN OTHER THAN PRIVATE FOUNDATION. THE FASB'S GUIDANCE ON ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES REQUIRES THAT THE ASSOCIATION RECOGNIZE IN ITS FINANCIAL STATEMENTS THE FINANCIAL EFFECTS OF TAX POSITIONS TAKEN, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE TAX POSITION. THE REQUIREMENTS ALSO PROVIDE GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. TAX POSITIONS TAKEN RELATED TO THE ASSOCIATION'S TAX EXEMPT STATUS, UNRELATED BUSINESS ACTIVITIES TAXABLE INCOME, AND DEDUCTIBILITY OF EXPENSES AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE ASSOCIATION WOULD MORE THAN LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE ASSOCIATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. X 1 1 X X 0 0 0 0 0 0 0 0 0 JOSEPH H PEROT PRESIDENT 247648 0 52500 0 0 0 7716 0 41607 0 349471 0 0 0 LYNN C STRICKLAND ASSISTANT TREASURER 204375 0 2790 0 0 0 5906 0 13870 0 226941 0 0 0 JENNIFER G AUSTIN ASSISTANT SECRETARY 174051 0 2501 0 0 0 5126 0 13870 0 195548 0 0 0 J SCOTT WILSON DIRECTOR OF COMMON PROPERT 140752 0 1777 0 0 0 4223 0 13870 0 160622 0 0 0 JAMES E COOK DIRECTOR OF SECURITY SERVICES 132000 0 3553 0 0 0 3960 0 13869 0 153382 0 0 0 PHILIP A OCHSNER DIRECTOR 132547 0 1823 0 0 0 3978 0 13869 0 152217 0 0 0 PART I, LINE 1A THE ASSOCIATION PAID THE MEMBERSHIP DUES TO THE LAS COLINAS COUNTRY CLUB ON BEHALF OF THE PRESIDENT, HAMMOND PEROT. THIS MEMBERSHIP IS PAID AS A REPRESENTATIVE OF THE ASSOCIATION AND THE ASSOCIATION RECEIVES A DIRECT BENEFIT FROM THE PRESIDENT'S PARTICIPATION WITH THIS GROUP. ANY PERSONAL BENEFIT IS INCIDENTAL. ANY DIRECT PERSONAL EXPENSES ARE REIMBURSED BY MR. PEROT. FORM 990, PART VI, SECTION A, LINE 6 THE LAS COLINAS ASSOCIATION IS A MEMBERSHIP ORGANIZATION WITH ASSESSMENT PAYING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS VOTED ON BY THE MEMBERSHIP AT LARGE. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE ORGANIZATIONAL DOCUMENTS, EXCLUDING THE BYLAWS, MUST BE APPROVED BY A VOTE OF THE MEMBERSHIP AT LARGE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND INVESTMENT COMMITTEE COMPRISING OF THREE BOARD MEMBERS REVIEWS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL REVIEW WITH EMPLOYEES AND DIRECTORS IS CONDUCTED REGARDING THE CONFLICT OF INTERESTS POLICY AND ITS APPLICATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS COMPOSED OF INDEPENDENT MEMBERS WHO APPROVE THE SALARY OF THE PRESIDENT/CEO AFTER REVIEW OF COMPARABILITY DATA. THE MINUTES OF THE BOARD PROVIDE CONTEMPORANEOUS DOCUMENTATION OF THE EFFORTS. KEY EMPLOYEE COMPENSATION AND OTHER COMPENSATION DECISIONS ARE MADE BY THE PRESIDENT OF THE ORGANIZATION INDEPENDENTLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCEDURES AND RESPONSIBILITIES OF THE BOARD ARE UNCHANGED FROM PRIOR PERIODS.