2025-11-15T22:12:38-06:00 2024-12-31 860907754 BUTLER HANSEN PLC 1734 EAST BOSTON STREET STE 101 GILBERT AZ 85295 990 2024-01-01 261144708 LAYTON LAKES COMMUNITY ASSOCIATION LAYT 6029579191 1600 W BROADWAY ROAD STE 200 TEMPE AZ 85282 JAMES LESUEUR III PRESIDENT 6029579191 2025-11-15 1 0 PAUL E HANSEN CPA P00471597 4804971250 2024 2025-03-06 01:10:19Z JAMES LESUEUR III 1600 W BROADWAY ROAD STE 200 TEMPE AZ 85282 3164914 0 X LAYTONLAKESCA.ORG X 2006 AZ THE ASSOCIATION WORKS TO EMBODY, REFLECT, AND CARRY FORWARD THE GENERAL DESIGN AND GOALS OF THE COMMUNITY AND TO TAKE SUCH ACTIONS AS IT DEEMS NECESSARY TO ACCOMPLISH THESE GOALS. GOING BEYOND THE PHYSICAL DEVELOPMENT AND PRESERVATION OF THE LAND, THE ASSOCIATION IS TO PERPETUATE THE SENSE OF COMMUNITY LIFE AND SPIRIT AND TO BE RESPONSIBBLE FOR AND INVOLVED IN PROGRAMS AND ACTIVITIES WHICH CONTRIBUTE POSTIVELY TO ITS RESIDENTS AND TO THE REGION OF WHICH IT IS A PART. 7 7 0 0 0 0 0 0 2960044 3031793 93223 133121 250 0 3053517 3164914 0 0 0 0 0 0 0 0 0 2641451 2583942 2641451 2583942 412066 580972 3605854 4227731 433710 474615 3172144 3753116 X THE ASSOCIATION WORKS TO EMBODY, REFLECT, AND CARRY FORWARD THE GENERAL DESIGN AND GOALS OF THE COMMUNITY AND TO TAKE SUCH ACTIONS AS IT DEEMS NECESSARY TO ACCOMPLISH THESE GOALS. GOING BEYOND THE PHYSICAL DEVELOPMENT AND PRESERVATION OF THE LAND, THE ASSOCIATION IS TO PERPETUATE THE SENSE OF COMMUNITY LIFE AND SPIRIT AND TO BE RESPONSIBBLE FOR AND INVOLVED IN PROGRAMS AND ACTIVITIES WHICH CONTRIBUTE POSTIVELY TO ITS RESIDENTS AND TO THE REGION OF WHICH IT IS A PART. 0 0 2490914 3013793 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. 13296 PROVIDE RECREATIONAL ACTIVITIES AND SOCIAL EVENTS TO FOSTER A SENSE OF COMMUNITY. 2504210 0 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 1 18 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 0 1 1 0 0 0 1 0 0 0 1 0 0 0 X AAMLLC - WAYNE OVERFIELD 6022882620 1600 W BROADWAY ROAD STE 200 TEMPE AZ 85282 X SRINIVASA MOCHARLA DIRECTOR 1.00 X 0 0 0 MARSHALL REICHERT DIRECTOR 1.00 X 0 0 0 PATRICIA ENGLISH DIRECTOR 1.00 X 0 0 0 JAMES LESUEUR III PRESIDENT 5.00 X 0 0 0 KRISTA BILSTEN VICE PRESIDENT 2.00 X 0 0 0 MARK TESSIER TREASURER 1.00 X 0 0 0 ALFRED BLODGETT SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 AAM LLC 1600 W BROADWAY ROAD TEMPE AZ 85282 MANAGEMENT SERVICES 199297 ALLSTAR PRO PAINTING LLC PO BOX 1222 GILBERT AZ 85299 PAINTING 118068 2 PROTECT/MAINTAIN AESTH 531390 2924164 2924164 FEES AND OTHER INCOME 531390 107629 107629 3031793 133121 133121 3164914 3031793 0 133121 17425 17425 2295 2295 38813 38813 228389 228389 1352 1352 35257 35257 CONTRACT SERVICES 1250969 1250969 REPAIRS AND MAINTENANCE 546513 546513 RESERVE EXPENSES 422628 422628 CAPITAL IMPROVEMENTS 24990 24990 15311 13296 2015 2583942 2504210 79732 0 701610 879383 402744 532848 2501000 2815000 500 500 3605854 4227731 25 0 433685 474615 433710 474615 X 0 0 0 0 3172144 3753116 3172144 3753116 3605854 4227731 580972 0 X 1 X 0 0 0 0 INVESTMENTS 2815000 C 2815000 X 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 EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT IS HAS NO UNCERTAIN TAX POSITION FOR THE YEAR ENDING DECEMBER 31, 2024. THE ASSOCIATION 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 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, 2024. 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 2022, OR BY ARIZONA STATE TAX AUTHORITIES FOR YEARS BEFORE 2021. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION HAS OBTAINED THE SERVICE OF A RESIDENTIAL PROPERTY MANAGEMENT COMPANY TO MANAGE THE AFFAIRS OF THE ASSOCIATION. 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 IN ACCORDANCE WITH THE TERMS OF THE DECLARATION AND BY-LAWS. 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 ORGANIZATION MAKES THE INFORMATION CONTAINED IN LINE 19 AVAILABLE TO THE PUBLIC AT THE OFFICES OF ITS MANAGING AGENT UPON REQUEST. IT IS MADE AVAILABLE TO MEMBERS UPON REQUEST.