2021-11-15T12:23:51-06:00 2020-12-31 860842863 BUTLER HANSEN PLC 1734 EAST BOSTON STREET STE 101 GILBERT AZ 85295 990 2020-01-01 860631081 GOLD CANYON RANCH COMMUNITY ASSOCIATION MOUNTAINBROOK VILLAGE AT GOLD CANYON GOLD 4805514300 9000 E PIMA CENTER PARKWAY NO 300 SCOTTSDALE AZ 85258 AUDREY MORGANEGG PRESIDENT 4805514300 2021-11-15 1 AUDREY MORGANEGG 999009999 PAUL E HANSEN CPA P00471597 4804971250 2021-11-15 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z 1829944 0 X WWW.MOUNTAINBROOKVILLAGE.ORG X 1988 AZ TO PROTECT AND MAINTAIN THE OVERALL AESTHETICS OF THE COMMUNITY AND TO PROVIDE RECREATIONAL ACTIVITIES. 7 7 0 150 0 0 0 0 1675170 1789272 43047 15632 144421 25040 1862638 1829944 0 0 0 0 0 0 0 0 0 1540373 2136489 1540373 2136489 322265 -306545 5948237 5661011 448681 468000 5499556 5193011 TO PROTECT AND MAINTAIN THE OVERALL AESTHETICS OF THE COMMUNITY AND TO PROVIDE RECREATIONAL ACTIVITIES. 0 0 1720288 1764710 PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY BY CONDUCTING THE MAINTENANCE AND IMPROVEMENTS OF RECREATIONAL FACILITIES AND RIGHT OF WAY ALONG DEDICATED CITY STREETS AND BY PROVIDING GENERAL COMMUNITY SERVICES. 59691 49602 PROVIDE RECREATIONAL ACTIVITIES FOR THE MEMBERS OF THE COMMUNITY. 1779979 0 0 0 0 0 0 0 0 0 1 0 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 24 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X FIRSTSERVICE RESIDENTIAL 4805514300 9000 E PIMA CNTR STE 300 SCOTTSDALE AZ 85258 X JANET SWAIM SECRETARY 2.00 X X 0 0 0 JANA LEA OLM DIRECTOR 2.00 X 0 0 0 JACK GUTHRIE VICE PRESIDENT 2.00 X X 0 0 0 PETER CAVOTO DIRECTOR 2.00 X 0 0 0 JANET CHRISTOPHERSON PRESIDENT 2.00 X X 0 0 0 AUDREY MORGANEGG DIRECTOR 2.00 X 0 0 0 DEBORAH MOORE DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 FIRSTSERVICE RESIDENTIAL 9000 E PIMA CENTER PKWY STE 300 SCOTTSDALE AZ 85258 PROPERTY MANAGEMENT 453288 COY LANDSCAPING & MAINTENANCE 2915 EAST JONES AVENUE PHOENIX AZ 85040 LANDSCAPING 332958 ELITE SPORTS BUILDERS 3600 S SEVENTH AVENUE PHOENIX AZ 85041 SPORTS COURT INSTALLATION 151175 3 HOMEOWNER ASSESSMENTS 531390 1739670 1739670 ACTIVITY INCOME 531390 49602 49602 1789272 15632 15632 OTHER REVENUE 531390 25040 25040 25040 1829944 1814312 0 15632 23275 23275 23104 23104 6705 6705 36383 36383 141525 141525 197813 197813 50750 50750 MAJOR REPAIRS 785881 785881 ONSITE STAFF 457402 228701 228701 LANDSCAPING 188247 188247 COMMON AREA 98913 98913 126491 88149 38342 2136489 1779979 356510 0 299583 572800 2476275 1984492 1870 6263 17279 15454 5009439 1927437 3153230 3082002 5948237 5661011 65398 81275 383283 386725 448681 468000 X 0 0 0 0 5499556 5193011 5499556 5193011 5948237 5661011 -306545 0 X 1 X 0 1 0 3308686 857800 2450886 1097009 572895 524114 603744 496742 107002 3082002 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 RECOGNIZED 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 IT HAS NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDING DECEMBER 31, 2020. THE ASSOCIATION BELIEVES THAT ITS INCOME TAX FILINGS 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, 2020. 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 US FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2018, OR BY ARIZONA STATE TAX AUTHORITIES FOR YEARS BEFORE 2017. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION HAS OBTAINED THE SERVICES OF A RESIDENTIAL PROPERTY MANAGEMENT COMPANY TO MANAGE THE AFFAIRS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 EACH UNIT OWNER WITHIN THE HOMEOWNERS ASSOCIATION IS A MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS FOR NEW MEMBER OF THE GOVERNING BOARD ARE CONDUCTED ON AN ANNUAL BASIS IN ACCORDANCE WITH THE ASSOCIATIONS ORGANIZATIONAL DOCUMENTS. FORM 990, PART VI, SECTION A, LINE 7B SUBJECT TO THE PROVISIONS OF THE ARIZONA NONPROFIT CORPORATION ACT, THESE ARTICLES OF INCORPORATION MAY BE AMENDED WITH THE APPROVAL OF THE MAJORITY OF ITS MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE THROUGH ITS ONSITE ADMINISTRATIVE OFFICES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE COMMUNITY MANAGER ON AN ANNUAL BASIS AND APPROVES THE COMPENSATION. THE BOARD USES INDUSTRY DATA TO COMPARE COMPENSATION AGREEMENTS. THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE COMMUNITY MANAGER ON AN ANNUAL BASIS AND APPROVED THE COMPENSATION. THE BOARD USES INDUSTRY DATA TO COMPARE COMPENSATION AGREEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE THROUGH ITS ONSITE ADMINISTRATIVE OFFICE. NO DOCUMENTS AVAILABLE TO THE PUBLIC.