2025-12-16T17:11:16-06:00 2025-03-31 593618759 WALTERS & ASSOCIATES CPAS 3277 FRUITVILLE ROAD BLDG E SARASOTA FL 34237 990 2024-04-01 566683422 KINGS POINT SUN CITY CENTER WEST KING 9043551831 245 RIVERSIDE AVE SUITE 300 JACKSONVILLE FL 33573 DIANE DANIELS PRESIDENT 2563418613 2025-12-16 1 1 SVETLANA MAHORIVSKYY P00746076 9413664450 2025-12-16 2024 2025-03-06 01:10:19Z DIANE DANIELS 15647478 0 X N/A X 2007 FL THE KINGS POINT SUN CITY CENTER WEST LAND TRUST (THE TRUST) WAS FORMED FOR THE PURPOSE OF ACQUIRING THE LONG-TERM RECREATIONAL PROPERTY LEASES AND THE BUILDINGS, IMPROVEMENTS, AND RELATED FURNITURE AND FIXTURES FOR THE USE AND ENJOYMENT BY THE MEMBERS OF KINGS POINT SUN CITY CENTER WEST. THE MEMBERS ARE ABLE TO COMMINGLE, SOCIALIZE AND ENJOY THE FACILITIES AND PROGRAMS, INCLUDING SWIMMING POOLS, RECREATIONAL AREAS, A THEATER, MEETING SPACE AND OTHER SERVICES RELATED THERETO. 9 9 0 22 429338 574 10846960 11370651 3968548 4041482 112774 174860 0 60485 14928282 15647478 0 0 0 0 0 0 0 0 0 14271702 15093931 14271702 15093931 656580 553547 42421753 41533536 45751890 44310126 -3330137 -2776590 X THE KINGS POINT SUN CITY CENTER WEST LAND TRUST (THE TRUST) WAS FORMED FOR THE PURPOSE OF ACQUIRING THE LONG-TERM RECREATIONAL PROPERTY LEASES AND THE BUILDINGS, IMPROVEMENTS, AND RELATED FURNITURE AND FIXTURES FOR THE USE AND ENJOYMENT BY THE MEMBERS OF KINGS POINT SUN CITY CENTER WEST. THE MEMBERS ARE ABLE TO COMMINGLE, SOCIALIZE AND ENJOY THE FACILITIES AND PROGRAMS, INCLUDING SWIMMING POOLS, RECREATIONAL AREAS, A THEATER, MEETING SPACE AND OTHER SERVICES RELATED THERETO. 0 0 THE KINGS POINT SUN CITY CENTER WEST LAND TRUST (THE TRUST) WAS FORMED FOR THE PURPOSE OF ACQUIRING THE LONG-TERM RECREATIONAL PROPERTY LEASES AND THE BUILDINGS, IMPROVEMENTS, AND RELATED FURNITURE AND FIXTURES FOR THE USE AND ENJOYMENT BY THE MEMBERS OF KINGS POINT SUN CITY CENTER WEST. THE MEMBERS ARE ABLE TO COMMINGLE, SOCIALIZE AND ENJOY THE FACILITIES AND PROGRAMS, INCLUDING SWIMMING POOLS, RECREATIONAL AREAS, A THEATER, MEETING SPACE AND OTHER SERVICES RELATED THERETO. 0 0 0 0 0 0 0 0 0 1 0 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 1 58 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 FL X DANIEL ARMSTRONG 9048135019 245 RIVERSIDE AVE STE 300 JACKSONVILLE FL 32202 X JIM GUNDRY VICE PRESIDENT 1.00 X X 0 0 0 TOM RICKETTS DIRECTOR 1.00 X X 0 0 0 DIANE DANIELS PRESIDENT 1.00 X X 0 0 0 RICHARD RESNICK TREASURER 1.00 X X 0 0 0 ANGELA MAZE SECRETARY 1.00 X X 0 0 0 RAY SHAW DIRECTOR 1.00 X 0 0 0 STEVEN HARNOIS DIRECTOR 1.00 X 0 0 0 SHIRLEY BARDELL DIRECTOR 1.00 X 0 0 0 RANDY MARTIN DIRECTOR 1.00 X 0 0 0 KINGS POINT WEST TRUST CO LLC TRUSTEE 0.00 X 0 0 0 0 0 0 0 0 0 0 ASSURED PARTNERS 450 S ORANGE AVE 4TH FLOOR ORLANDO FL 32801 INSURANCE 555345 VESTA PROPERTY SERVICES 245 RIVERSIDE AVE SUITE 300 JACKSONVILLE FL 32202 MANAGEMENT FEES 408092 RELIANCEAV 1031 SUNSHINE LN 102 ALTAMONTE SPRINGS FL 32714 AUDIO VISUAL CONSULTANT 228551 GLORY TOURS 1629 K STREET NW SUITE300 WASHINGTON DC 20006 BUS TOURS 151980 LUXURY STONEWORKS 9902 ALBYAR AVE RIVERVIEW FL 33578 CONTRACTING 148238 5 11370651 11370651 FOOD AND BEVERAGE SALES 722511 2678425 2678425 EVENTS 721000 738824 738824 MISC REVENUE 721000 624233 351112 273121 4041482 170950 95732 75218 3910 0 3910 3910 3910 INSURANCE PROCEEDS 524298 60485 60485 60485 15647478 3768361 429338 79128 5769368 2714116 1933903 591370 FOOD & BEVERAGE COSTS 1312587 UTILITIES 720040 REPAIRS & MAINTENANCE 673265 OTHER OPERATING EXPENSE 539371 839911 15093931 1296163 439059 2703018 3824757 6939 5090 390443 294623 43147596 21724934 22348960 21422662 15676230 15306813 0 240532 42421753 41533536 523862 413857 139276 132921 44934579 43703665 154173 59683 45751890 44310126 X 0 0 0 0 -3330137 -2776590 -3330137 -2776590 42421753 41533536 553547 0 X X 0 1 X 1 0 3470000 3470000 34147787 16195125 17952662 5529809 5529809 0 21422662 LEASE OBLIGATION 59683 59683 X 16046010 398532 398532 15647478 0 15647478 15492463 398532 398532 15093931 0 15093931 PART X, LINE 2: THE TRUST HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE DATED APRIL 2, 2009, STATING THAT THE TRUST IS QUALIFIED UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, AND THEREFORE IS EXEMPT FROM TAXATION. AS SUCH, NO TAX EFFECT HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED TAX POSITIONS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (FASB ASC)740, INCOME TAXES, AND HAS NOT IDENTIFIED ANY TAX POSITIONS, OTHER THAN PREPARING TAX RETURNS UNDER SECTION 501(C)(7), THAT REQUIRE DISCLOSURE. THE TRUST'S FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE FEDERAL INCOME TAX RETURNS WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: MANAGMENT FEE PASS-THROUGH PART XII, LINE 2D - OTHER ADJUSTMENTS: MANAGMENT FEE EXPENSE SCHEDULE D, PAGE 4 PART XI, LINE 2D MANAGEMENT FEE PASS-THROUGH: $398,532 SCHEDULE D, PAGE 4 PART XII, LINE 2D MANAGEMENT FEE EXPENSE: $390,723 FORM 990, PART VI, SECTION A, LINE 3 VESTA PROPERTY SERVICES, INC IS ENGAGED TO MANAGE AND MAINTAIN THE FACILITIES AND TO CARRYOUT THE COLLECTION OF MEMBERHIP DUES AND FEES AND PAYMENT OF VENDORS. MANAGEMENT USES A THIRD PARTY PAYER TO ADMINISTER PAYROLL. FORM 990, PART VI, SECTION A, LINE 7B VOTE BY MEMBERS REQUIRED TO SELL ASSETS OR AMEND THE TRUST AGREEMENT. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT COMPANY REVIEWS AND AGREES TO TRUST RECORDS. IF THEY TIE OUT THE MANAGEMENT COMPANY DELIVERS TO FEDERATION TO PRESENT TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 TRUST EMPLOYS A THIRD PARTY PROFESSIONAL MANAGER AND THAT MANAGER HANDLES ALL EMPLOYMENT COMPENSATION ISSUES. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR