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LAS COLINAS ASSOCIATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LAS COLINAS ASSOCIATION (EIN 75-6193943)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-06-21
IRS object ID
202201729349301510
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-06-21T15:00:49-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750786316PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEAVER AND TIDWELL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1499 W SHERIDAN AVE SUITE 2450AddressLine1Txt
CityOKLAHOMA CITYCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN756193943EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LAS COLINAS ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLASCBusinessNameControlTxt
Phone9725412345PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13838 TELEPORT BLVDAddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75039ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHAMMOND J PEROTPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone9725412345PhoneNum
Signature2022-05-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHAMMONDPersonFirstNm
Person LastPEROTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIRBY ROSSPreparerPersonNm
PTINP00298143PTIN
Phone4055949200PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJ HAMMOND PEROTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13838 TELEPORT BLVDAddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75039ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$18,220,494GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.LASCOLINAS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO CREATE, SUSTAIN AND LEAD A RENOWNED COMMUNITY OF LASTING VALUE AND PRESENCE.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee51TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$14,690,430PYProgramServiceRevenueAmt
CY Program Service Revenue$15,940,500CYProgramServiceRevenueAmt
PY Investment Income$97,446PYInvestmentIncomeAmt
CY Investment Income$36CYInvestmentIncomeAmt
PY Other Revenue$309,500PYOtherRevenueAmt
CY Other Revenue$340,923CYOtherRevenueAmt
PY Total Revenue$15,097,376PYTotalRevenueAmt
CY Total Revenue$16,281,459CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,303,235PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,607,187CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,682,905PYOtherExpensesAmt
CY Other Expenses$9,571,979CYOtherExpensesAmt
PY Total Expenses$11,986,140PYTotalExpensesAmt
CY Total Expenses$14,179,166CYTotalExpensesAmt
PY Revenues Less Expenses$3,111,236PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,102,293CYRevenuesLessExpensesAmt
Total Assets BOY$30,230,980TotalAssetsBOYAmt
Total Assets EOY$32,652,078TotalAssetsEOYAmt
Total Liabilities BOY$466,112TotalLiabilitiesBOYAmt
Total Liabilities EOY$784,917TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$29,764,868NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$31,867,161NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO CREATE, SUSTAIN AND LEAD A RENOWNED COMMUNITY OF LASTING VALUE AND PRESENCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,805,025ExpenseAmt
Revenue$208,006RevenueAmt
DescCOMMON PROPERTY - MAINTAINS PUBLIC PARKS AND GREEN BELTS; MAINTAINS LANDSCAPING OF AND CONTROLS LITTER IN THE STREETS, MEDIANS, CONTIGUOUS OPEN SPACES, AND RIGHTS-OF-WAY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,958,702ExpenseAmt
DescPUBLIC SAFETY AND CRIME PREVENTION - PROVIDES SECURITY PATROLS AND ALARM MONITORING TO THE COMMUNITY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,114,084ExpenseAmt
Revenue$18,620RevenueAmt
DescPROPERTY COMPLIANCE - THE ASSOCIATION HAS A STAFF OF SEVEN PROPERTY COMPLIANCE OFFICERS WHO ROUTINELY MONITOR ITS PROPERTIES FOR ONGOING MAINTENANCE AS WELL AS COMPLIANCE WITH THE ASSOCIATION'S MAINTENANCE STANDARDS AND PREVIOUSLY APPROVED PLANS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtDescDesc
$1,312,179ARCHITECTURAL CONTROL - REVIEWS AND APPROVES PLANS AND SPECIFICATIONS FOR ALL CONSTRUCTION AND IMPROVEMENTS IN THE DEED RESTRICTED AREAS OF LAS COLINAS AND MONITORS CONSTRUCTION AND MAINTENANCE OF IMPROVEMENTS TO DEED RESTRICTED PROPERTY.
SPECIAL PROJECTS AND PUBLIC WORKS - TO PROVIDE SERVICES CONSISTENT WITH THE MISSION OF THE ASSOCIATION WITHIN THE COMMUNITY.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,312,179TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$10,189,990TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document29IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee51EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LYNN C STRICKLANDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9725412345PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13838 TELEPORT BLVDAddressLine1Txt
CityIRVINGCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75039ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
KENNETH GWYN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
SUSHIL PATEL
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
BARBARA MCNUTT
TREASURER1.00Yes (X)Yes (X)$0$0$0
DANNY OPITZ
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
KEN REESE
BOARD MEMBER1.00Yes (X)$0$0$0
CARL KLINKE
BOARD MEMBER1.00Yes (X)$0$0$0
RACHEL KRAMER
BOARD MEMBER1.00Yes (X)$0$0$0
LYNN C STRICKLAND
ASSISTANT TREASURER48.00Yes (X)$183,737$0$17,786
JENNIFER AUSTIN
ASSISTANT SECRETARY45.00Yes (X)$160,624$0$15,016
J HAMMOND PEROT
PRESIDENT & CEO50.00Yes (X)$275,574$0$32,439
PENNY HAYTER
DIRECTOR OF SECURITY40.00$147,884$0$17,105Yes (X)
SCOTT WILSON
DIRECTOR OF COMMON PROPERTY40.00$128,643$0$16,706Yes (X)
PHIL OSCHNER
DIRECTOR40.00$121,527$0$16,398Yes (X)
VELMA MARTINDALE
DATA BASE ADMIN40.00$108,140$0$22,385Yes (X)
TIM GLASS
DIRECTOR40.00$107,969$0$15,809Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,234,098TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$153,644TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K10IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BRIGHTVIEW LANDSCAPE
11439 DENTON DRIVEDALLASTX75229LANDSCAPE SERVICE$3,234,495
ALLIED BARTON SECURITY SERVICES
13430 NORTHWEST FWY STE 490HOUSTONTX77040SECURITY SERVICE$2,043,895
FRANCO'S
10562 LUNA RDDALLASTX75220LANDSCAPE SERVICE$592,329
CLARK HILL
901 MAIN ST 6000DALLASTX75202LEGAL SERVICES$361,957
MOSS UTILITIES
3300 ROCK ISLAND RDIRVINGTX75060ELECTRICAL SERVICE$135,550
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP ASSESSMENTS813410$15,713,874$15,713,874
CPM REVENUE813410$208,006$208,006
ACC REVENUE813410$18,620$18,620
FieldValueIRS element (for citing)
Total Program Service Revenue$15,940,500TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,071TotalRevenueColumnAmt
Exclusion$39,071ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$1,900,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$1,939,035OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$39,035OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$39,035TotalRevenueColumnAmt
Exclusion-$39,035ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
G&A REIMBURSEMENTS813410$233,489$233,489
LATE FEES813410$107,434$107,434
FieldValueIRS element (for citing)
Other Revenue Total$340,923OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,281,459TotalRevenueColumnAmt
Related Or Exempt Func Income$16,281,423RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$36ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$685,175TotalAmt
Program Services$30,801ProgramServicesAmt
Management And General$654,374ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,974,387TotalAmt
Program Services$2,147,068ProgramServicesAmt
Management And General$827,319ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$59,888TotalAmt
Program Services$37,606ProgramServicesAmt
Management And General$22,282ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$624,763TotalAmt
Program Services$485,578ProgramServicesAmt
Management And General$139,185ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$262,974TotalAmt
Program Services$167,812ProgramServicesAmt
Management And General$95,162ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$313,084TotalAmt
Program Services$172,751ProgramServicesAmt
Management And General$140,333ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,400TotalAmt
Management And General$30,400ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$304,795TotalAmt
Program Services$18,873ProgramServicesAmt
Management And General$285,922ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$437,670TotalAmt
Program Services$436,020ProgramServicesAmt
Management And General$1,650ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$239,183TotalAmt
Program Services$167,278ProgramServicesAmt
Management And General$71,905ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$201,434TotalAmt
Management And General$201,434ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$169,632TotalAmt
Program Services$18,022ProgramServicesAmt
Management And General$151,610ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$74,167TotalAmt
Program Services$73,307ProgramServicesAmt
Management And General$860ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$13,163TotalAmt
Program Services$10,718ProgramServicesAmt
Management And General$2,445ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$792,664TotalAmt
Program Services$489,907ProgramServicesAmt
Management And General$302,757ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$195,616TotalAmt
Program Services$84,909ProgramServicesAmt
Management And General$110,707ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
COMMON PROPERTY MAINTEN$4,819,972$4,744,975$74,997
ASSOCIATION UTILITIES$535,127$495,971$39,156
URBAN CENTER LAND USE$493,639$493,639
BAD DEBT$229,752$229,752

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$721,681TotalAmt
Program Services$608,394ProgramServicesAmt
Management And General$113,287ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,179,166TotalAmt
Program Services$10,189,990ProgramServicesAmt
Management And General$3,989,176ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$941,032BOYAmt
EOY$1,030,973EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,655,940BOYAmt
EOY$20,842,496EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$498,855BOYAmt
EOY$761,507EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$257,832BOYAmt
EOY$242,668EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$19,811,008LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,036,574LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,877,321BOYAmt
EOY$9,774,434EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$30,230,980BOYAmt
EOY$32,652,078EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$466,112BOYAmt
EOY$784,917EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$466,112BOYAmt
EOY$784,917EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,719,281BOYAmt
EOY$31,821,574EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$45,587BOYAmt
EOY$45,587EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$29,764,868BOYAmt
EOY$31,867,161EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,230,980BOYAmt
EOY$32,652,078EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,102,293ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$15,713,874DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$12,000NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$12,000NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$62,855AggregateReportedDuesNtcAmt
Taxable-$50,855TaxableAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I-A, LINE 1:FormAndLineReferenceDesc
ExplanationN/AExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,013,927OtherCostOrOtherBasisAmt
Book Value$1,013,927BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,530,888OtherCostOrOtherBasisAmt
Depreciation$951,930DepreciationAmt
Book Value$5,578,958BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,182OtherCostOrOtherBasisAmt
Depreciation$3,265DepreciationAmt
Book Value$5,917BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,484,352OtherCostOrOtherBasisAmt
Depreciation$2,248,754DepreciationAmt
Book Value$235,598BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,772,659OtherCostOrOtherBasisAmt
Depreciation$6,832,625DepreciationAmt
Book Value$2,940,034BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,774,434TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$16,320,494TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$16,320,494RevenueSubtotalAmt
Other Revenues Not Included-$39,035OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$39,035RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,281,459TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,179,166TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$14,179,166ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,179,166TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE ASSOCIATION OWNS AND IS RESPONSIBLE FOR THE MAINTENANCE OF A STATUE OF BEN H. CARPENTER, THE FOUNDER OF LAS COLINAS, AND OTHER WORKS OF ART ON DISPLAY IN PUBLIC AREAS. THIS STATUE IS ON PUBLIC DISPLAY IN FOUNDER'S PARK AT THE INTERSECTION OF JOHN W. CARPENTER FREEWAY AND RIVERSIDE DRIVE.
PART X, LINE 2:EFFECTIVE FOR TAX YEARS BEGINNING AFTER DECEMBER 31, 1994, THE ASSOCIATION OBTAINED A RULING ALLOWING IT TO CHANGE ITS TAX STATUS TO A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, AS AN OTHER THAN PRIVATE FOUNDATION. THE FASB'S GUIDANCE ON ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES REQUIRES THAT THE ASSOCIATION RECOGNIZE IN ITS FINANCIAL STATEMENTS THE FINANCIAL EFFECTS OF TAX POSITIONS TAKEN, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE TAX POSITION. THE REQUIREMENTS ALSO PROVIDE GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. TAX POSITIONS TAKEN RELATED TO THE ASSOCIATION'S TAX EXEMPT STATUS, UNRELATED BUSINESS ACTIVITIES TAXABLE INCOME, AND DEDUCTIBILITY OF EXPENSES AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE ASSOCIATION WOULD MORE THAN LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE ASSOCIATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:LOSS ON SALE OF ASSETS -39,035.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
J HAMMOND PEROT
PRESIDENT & CEO$225,574$0$50,000$0$0$0$7,161$0$25,278$0$308,013$0$0$0
LYNN C STRICKLAND
ASSISTANT TREASURER$183,737$0$0$0$0$0$5,142$0$12,644$0$201,523$0$0$0
JENNIFER AUSTIN
ASSISTANT SECRETARY$160,624$0$0$0$0$0$2,372$0$12,644$0$175,640$0$0$0
PENNY HAYTER
DIRECTOR OF SECURITY$147,884$0$0$0$0$0$4,461$0$12,644$0$164,989$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE ASSOCIATION PAID THE MEMBERSHIP DUES TO THE LAS COLINAS COUNTRY CLUB ON BEHALF OF THE PRESIDENT, HAMMOND PEROT. THIS MEMBERSHIP IS PAID AS A REPRESENTATIVE OF THE ASSOCIATION AND THE ASSOCIATION RECEIVES A DIRECT BENEFIT FROM THE PRESIDENT'S PARTICIPATION WITH THIS GROUP. ANY PERSONAL BENEFIT IS INCIDENTAL. ANY DIRECT PERSONAL EXPENSES ARE REIMBURSED BY MR. PEROT.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE LAS COLINAS ASSOCIATION IS A MEMBERSHIP ORGANIZATION WITH ASSESSMENT PAYING MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE GOVERNING BODY IS VOTED ON BY THE MEMBERSHIP AT LARGE.
FORM 990, PART VI, SECTION A, LINE 7BCHANGES TO THE ORGANIZATIONAL DOCUMENTS, EXCLUDING THE BYLAWS, MUST BE APPROVED BY A VOTE OF THE MEMBERSHIP AT LARGE.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE AND INVESTMENT COMMITTEE COMPRISING OF 3 BOARD MEMBERS REVIEWS THE 990
FORM 990, PART VI, SECTION B, LINE 12CAN ANNUAL REVIEW WITH EMPLOYEES AND DIRECTORS IS CONDUCTED REGARDING THE CONFLICT OF INTERESTS POLICY AND ITS APPLICATION.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS IS COMPOSED OF INDEPENDENT MEMBERS WHO APPROVE THE SALARY OF THE PRESIDENT/CEO AFTER REVIEW OF COMPARABILITY DATA. THE MINUTES OF THE BOARD PROVIDE CONTEMPORANEOUS DOCUMENTATION OF THE EFFORTS. KEY EMPLOYEE COMPENSATION AND OTHER COMPENSATION DECISIONS ARE MADE BY THE PRESIDENT OF THE ORGANIZATION INDEPENDENTLY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE BOARD HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCEDURES AND RESPONSIBILITIES OF THE BOARD ARE UNCHANGED FROM PRIOR PERIODS.

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