2025-05-26T21:28:11-05:00 2024-12-31 330244756 OWENS MOSKOWITZ AND ASSOCIATES INC 27792 EL LAZO LAGUNA NIGUEL CA 92677 990 2024-01-01 330757073 TEMEKU HILLS MASTER ASSOCIATION C/O WALTERS MANAGEMENT TEME 9516988511 9665 CHESAPEAKE DRIVE 300 SAN DIEGO CA 92123 JAMES LOY PRESIDENT 9516988511 2025-05-14 1 ROBERT A OWENS CPA P01414999 9498515020 2024 2025-03-06 01:10:19Z DIANE PHIFER 9665 CHESAPEAKE DRIVE 300 SAN DIEGO CA 92123 2205536 0 X WWW.TEMEKUHILLSMA.COM X 1997 CA THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY PROVIDING FOR THE PRESERVATION OF THE ARCHITECTURE AND APPEARANCE OF THE COMMUNITY, AND BY OWNING, OPERATING, AND MAINTAINING THE PROPERTIES FOR USE OF ALL RESIDENTS IN THE ENTIRE COMMUNITY ON CERTAIN REAL PROPERTY LOCATED IN TEMECULA, CALIF.AMONG THE GENERAL PURPOSES IS TO PROMOTE THE COMMON GOOD, HEALTH, SAFETY, AND GENERAL WELFARE OF ALL RESIDENTS WITHIN THE COMMUNITY. THE DEVELOPMENT CONSISTS OF 1,340 RESIDENTIAL DWELLINGS. NO GRANTS ARE PROVIDED TO OTHERS. ALL FACILITIES ARE AVAILABLE TO RESIDENTS AND THEIR GUESTS IN ACCORDANCE WITH THE ASSOCIATION'S GOVERNING DOCUMENTS. 5 5 19 0 0 0 0 0 1596281 2123309 48512 37407 861 44820 1645654 2205536 0 0 0 0 604799 686760 0 0 0 1244065 1492007 1848864 2178767 -203210 26769 1612131 1509351 1134769 1005220 477362 504131 SEE STATEMENT O 0 0 1944308 2205536 SEE STATEMENT O 1944308 0 0 0 1 0 0 0 0 0 0 0 0 0 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 0 1 9 0 19 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X WALTERS MANAGEMENT 9516988511 25109 JEFFERSON AVE STE 300 MURRIETA CA 92562 X JAMES LOY DIRECTOR 2.00 X 0 0 0 TERRY YOUNG DIRECTOR 2.00 X 0 0 0 DIANE PHIFER PRESIDENT 2.00 X 0 0 0 STEPHANIE DAWSON TREASURER 2.00 X 0 0 0 ADAM NELSON SECRETARY 2.00 X 0 0 0 0 0 0 0 0 0 0 ENVIRONMENTAL CONCEPTS LANDSCAPE PO BOX 1788 TEMECULA CA 92593 MONTHLY LANDSCAPING 338292 WALTERS MANAGEMENT 25109 JEFFERSON AVE STE 300 MURRIETA CA 92562 MONTHLY MANAGEMENT/ADMIN. 153149 GARDNER OUTDOOR & POOL REMODELING 600 W FREEDOM AVE ORANGE CA 92865 POOL REPLASTER 138712 THE ARBOR GROUP 15642 SAND CANYON AVE50037 IRVINE CA 92619 TREE MAINTENANCE 116354 4 ASSESSMENTS 531390 2123309 2123309 2123309 37407 37407 OTHER INCOME 531390 44820 44820 44820 2205536 2205536 0 0 X 686760 686760 96075 96075 15563 15563 3000 3000 44063 44063 LANDSCAPE MAINTENANCE 462480 462480 UTILITIES 246505 246505 POOL 241824 241824 ADMINISTRATIVE 114946 114946 267551 262676 4875 2178767 1944308 234459 0 702617 382418 840000 971499 13979 103554 4979 7131 50556 44749 1612131 1509351 71032 73530 40832 134579 1022905 797111 1134769 1005220 X 477362 504131 477362 504131 1612131 1509351 26769 0 X 0 1 X 0 0 1 0 0 0 CONTRACT LIABILITIES 797111 797111 X 2205536 0 2205536 0 2205536 2178767 0 2178767 0 2178767 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE ASSOCIATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION USES THE SERVICES OF WALTERS MANAGEMENT TO HANDLE DAY TO DAY OPERATIONS OF THE DEVELOPMENT INCLUDING COLLECTIONS, BILL PAYMENTS, HOMEOWNER ASSISTANCE, ETC. THE BOARD HAS THE ULTIMATE RESPONSIBILITY FOR AUTHORIZING PAYMENTS, SELECTING VENDORS, AND APPROVING THE BUDGET. FORM 990, PART VI, SECTION A, LINE 6 UPON PURCHASE OF A HOME WITHIN THE DEVELOPMENT, EACH OWNER BECOMES A MEMBER OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION HAS A DELEGATE SYSTEM TO ELECT THE BOARD OF DIRECTORS. THE MEMBERSHIP CONSISTING OF 1,340 VOTING MEMBERS ELECT DELEGATES WHO IN TURN ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DUES INCREASES IN EXCESS OF THE 20% ALLOWED BY THE DAVIS-STERLING ACT ARE SUBJECT TO THE APPROVAL OF MEMBERSHIP. SPECIAL ASSESSMENTS IN EXCESS OF 5% OF THE BUDGET ARE ALSO SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B UPON PREPARATION, THE ASSOCIATION'S BOARD OF DIRECTORS IS PROVIDED WITH A COPY OF FORM 990. AFTER REVIEWING THE RETURN, THE BOARD'S PRESIDENT OR TREASURER SIGNS AS THE BOARD REPRESENTATIVE AND FILES THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION RETAINS THE SERVICES OF A MANAGEMENT COMPANY TO MONITOR BOARD ACTIVITY AND DOCUMENT THE MINUTES OF THE BOARD MEETINGS. THE MANAGEMENT COMPANY PROVIDES THE MEMBERSHIP WITH CANDIDATE INFORMATION IN CONJUNCTION WITH ELECTION MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 UPON PURCHASE OF A HOME WITHIN THE DEVELOPMENT, EACH OWNER RECEIVES A COPY OF THE ASSOCIATION'S GOVERNING DOCUMENTS THROUGH ESCROW. COPIES OF THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E GENERAL MAINTENANCE: PROGRAM SERVICE EXPENSES 37,990. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,990. SURVEILLANCE: PROGRAM SERVICE EXPENSES 37,953. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,953. BUILDING: PROGRAM SERVICE EXPENSES 32,063. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,063. RECREATION: PROGRAM SERVICE EXPENSES 30,240. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,240. HVAC: PROGRAM SERVICE EXPENSES 21,827. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,827. CUSTODIAL: PROGRAM SERVICE EXPENSES 19,862. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,862. ACCESS CONTROL: PROGRAM SERVICE EXPENSES 18,745. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,745. FIRE SAFETY: PROGRAM SERVICE EXPENSES 14,822. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,822. PAINTING: PROGRAM SERVICE EXPENSES 13,790. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,790. SHARED USE: PROGRAM SERVICE EXPENSES 9,096. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,096. PEST CONTROL: PROGRAM SERVICE EXPENSES 6,583. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,583. SIGN: PROGRAM SERVICE EXPENSES 4,890. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,890. FENCE: PROGRAM SERVICE EXPENSES 4,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,650. STATE TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,176. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,176. LIGHTING AND ELECTRICAL: PROGRAM SERVICE EXPENSES 3,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. WALLS: PROGRAM SERVICE EXPENSES 2,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,500. DOORS: PROGRAM SERVICE EXPENSES 2,405. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,405. ROOFS: PROGRAM SERVICE EXPENSES 2,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,260. RESERVE STUDY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,699. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,699.