2024-05-15T14:55:23-04:00 2023-12-31 263519134 NEWMAN CERTIFIED PUBLIC ACCOUNTANT PC 2701 LOKER AVE W STE 230 CARLSBAD CA 92010 990 2023-01-01 330384546 HORSETHIEF CANYON RANCH MAINTENANCE CORPORATION HORS 8584950900 9665 CHESAPEAKE DRIVE SUITE 300 SAN DIEGO CA 92123 ROBERT HAFNER TREASURER 2024-05-11 true ROBERT HAFNER false JEREMY NEWMAN P00861547 8445607300 2024-05-15 2023 2023-04-26 12:10:37Z DENISE HATFIELD 9665 CHESAPEAKE DRIVE SUITE 300 SAN DIEGO CA 92123 2459086 false X X 1988 CA ENHANCEMENT OF COMMUNITY VALUES. 5 5 0 5 0 0 1984367 2379341 38334 79745 150 0 2022851 2459086 0 0 207695 254066 0 0 1884142 2292745 2091837 2546811 -68986 -87725 3427239 3397572 2910663 2968721 516576 428851 ENHANCEMENT OF COMMUNITY VALUES. false false 2268824 2379341 THE ASSOCIATION CONSISTS OF 1,962 UNITS IN A PLANNED COMMUNITY. THE ASSOCIATION ACHIEVES ITS GOALS OF ENHANCING THE COMMUNITY AND ITS VALUES VIA VOLUNTEER COMMITTEES AND FORUMS. 2268824 false false false false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 7 0 0 false false false false false false false false X 5 5 false true false false true true true true true false false false false false false false false false CA X WALTERS MANAGEMENT 8584950900 9665 CHESAPEAKE DRIVE SUITE 300 SAN DIEGO CA 92123 X DAMIEN ANDRESS DIRECTOR 2.00 X 0 0 0 DENISE HATFIELD PRESIDENT 2.00 X 0 0 0 APRIL SCOTT VICE PRESIDE 2.00 X 0 0 0 ROBERT HAFNER TREASURER 2.00 X 0 0 0 DAVID SHERMAN SECRETARY 2.00 X 0 0 0 false false false ENVIRONMENTAL CONCEPTS PO BOX 1788 TEMECULA CA 92593 LANDSCAPING 498895 TOP SECURITY SERVICES INC 6131 ORANGETHORPE AVE STE 170G BUENA PARK CA 90620 SURVEILLANCE 287923 WALTERS MANAGEMENT 9665 CHESAPEAKE DR SUITE 300 SAN DIEGO CA 92123 PROPERTY MGMT. 130775 3 OWNER ASSESSMENTS 813990 2212928 2212928 VIOLATION INCOME 813990 62226 62226 INSURANCE CLAIM INCOME 813990 46266 46266 OTHER MEMBER INCOME 813990 38163 38163 COLLECTION INCOME 813990 19758 19758 2379341 79745 79745 2459086 2379341 79745 X 254066 254066 132913 132913 14894 14894 145074 145074 81683 81683 LANDSCAPE AND IRRIGATION 719790 719790 UTILITIES 360873 360873 PATROL AND SECURITY 243990 243990 POOL AND SPA 237937 237937 355591 355591 2546811 2268824 277987 0 574972 222086 2720000 2990000 61960 73586 60104 80900 12876 10203 18124 3427239 3397572 113134 259728 49710 54505 2747819 2654488 2910663 2968721 X 516576 428851 516576 428851 3427239 3397572 -87725 X false true X true false CONTRACT LIABILITIES - RESERVES 2547232 DEFERRED INSURANCE CLAIM 90799 LEASE LIABILITY 13031 INCOME TAX PAYABLE 3426 2654488 2459086 2459086 2459086 2546811 2546811 2546811 FORM 990, PAGE 6, PART VI, LINE 3 DAILY OPERATIONS ARE MANAGED BY AN INDEPENDENT, PROFESSIONAL MANAGEMENT COMPANY. THE MANAGEMENT COMPANY ACTS AS AN AGENT FOR THE CORPORATION. THE BOARD OF DIRECTORS APPOINTS AND SUPERVISES THOSE WHO ARE RESPONSIBLE FOR THE DAILY ACTIVITIES. THE BOARD OF DIRECTORS GOVERNS THE ORGANIZATION IN ITS PURSUIT OF THE CORPORATION'S CHARITABLE MISSION, AND BOARD MEMBERS ALSO CARRY LEGAL AND ETHICAL RESPONSIBILITIES BECAUSE THEY HOLD THE NONPROFIT'S ASSETS IN TRUST FOR THE PUBLIC. FURTHERMORE, BOARD MEMBERS HAVE A LEGAL DUTY OF LOYALTY TO THE CORPORATION AND MUST ABSTAIN FROM VOTING ON MATTERS IN WHICH THEY HAVE A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 6 A MEMBER OF THE ASSOCIATION WOULD GENERALLY BE A SUBSCRIBER TO THE CORPORATION'S MEMORANDUM OF ASSOCIATION (ARTICLES OF INCORPORATION) WITH THE MEMBER'S NAME ENTERED IN THE CORPORATION'S REGISTER OF MEMBERS WHEN THE FIRM IS REGISTERED (OR INCORPORATED). OWNERS AUTOMATICALLY BECOME MEMBERS OF THE ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 7A THE CORPORATION IS STRUCTURED TO HAVE MEMBERS WHO HAVE THE RIGHT TO ELECT DIRECTORS OF THE CORPORATION. DURING EACH YEAR, THE CORPORATION HOLDS AN ANNUAL ELECTIONS MEETING WHERE THE ASSOCIATION MEMBERS ELECT THE BOARD MEMBERS FOR THE NEXT YEAR. THE SPECIFIC METHOD OF THE BOARD'S ELECTION PROCESS IS FORMALLY SET IN THE CORPORATION'S ORGANIZATIONAL DOCUMENTS. FORM 990, PAGE 6, PART VI, LINE 7B AN ORGANIZATION'S GOVERNING DOCUMENTS DICTATE THE VARIOUS RESOLUTIONS THAT REQUIRE MEMBERSHIP APPROVAL. THE BYLAWS SPECIFY WHEN BOARD MEETINGS MUST BE HELD AND HOW MANY BOARD MEMBERS MUST BE PRESENT TO PASS OFFICIAL BUSINESS MATTERS VIA VOTE. THE ASSOCIATION COMPLIES WITH ALL STATE REQUIREMENTS FOR COMMUNITY INTEREST DEVELOPMENTS REGARDING MEMBERSHIP APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 AND OTHER REQUIRED STATE INCOME TAX RETURNS ARE PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT AS PART OF THE AUDIT PROCESS. THESE INCOME TAX RETURNS ARE THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND SIGNATURE AUTHORIZATION PRIOR TO THEIR FILING. FORM 990, PAGE 6, PART VI, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED BY THE BOARD MEMBERS WHEN THEY JOIN THE BOARD OF DIRECTORS, AND THIS STATEMENT IS UPDATED FOR ANY CHANGES WHEN NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 THE CORPORATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC ON THE STATE OF CALIFORNIA'S SECRETARY OF STATE WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E BAD DEBT EXPENSE 127,292 0 0 INSURANCE CLAIM EXPENSES 46,266 0 0 COMMON AREA MAINTENANCE 43,543 0 0 GATE SERVICES 25,291 0 0 COLLECTION COSTS 19,758 0 0 FUEL 17,600 0 0 GYM EQUIPMENT 17,250 0 0 JANITORIAL 14,225 0 0 PEST CONTROL 11,736 0 0 PAINTING 11,170 0 0 CLUBHOUSE 7,094 0 0 STATE INCOME TAX 6,426 0 0 FENCES AND WALLS 3,245 0 0 BOILER 2,650 0 0 AMORTIZATION 1,701 0 0 INTEREST EXPENSE 344 0 0 TOTAL 355,591 0 0