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LAS COLINAS ASSOCIATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LAS COLINAS ASSOCIATION (EIN 75-6193943)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-09
IRS object ID
202123139349303047
Schema version
2020v4.1
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)
Return2021-11-09T13:16:49-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Line12300 N FIELD ST STE 1000AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-11-08SignatureDt
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 PersonIRA L NEVELOWPreparerPersonNm
PTINP00083210PTIN
Phone9724901970PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
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$23,770,235GrossReceiptsAmt
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$13,578,860PYProgramServiceRevenueAmt
CY Program Service Revenue$14,690,430CYProgramServiceRevenueAmt
PY Investment Income$290,910PYInvestmentIncomeAmt
CY Investment Income$97,446CYInvestmentIncomeAmt
PY Other Revenue$274,099PYOtherRevenueAmt
CY Other Revenue$309,500CYOtherRevenueAmt
PY Total Revenue$14,143,869PYTotalRevenueAmt
CY Total Revenue$15,097,376CYTotalRevenueAmt
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$4,006,833PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,303,235CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,971,907PYOtherExpensesAmt
CY Other Expenses$7,682,905CYOtherExpensesAmt
PY Total Expenses$10,978,740PYTotalExpensesAmt
CY Total Expenses$11,986,140CYTotalExpensesAmt
PY Revenues Less Expenses$3,165,129PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,111,236CYRevenuesLessExpensesAmt
Total Assets BOY$26,953,599TotalAssetsBOYAmt
Total Assets EOY$30,230,980TotalAssetsEOYAmt
Total Liabilities BOY$299,967TotalLiabilitiesBOYAmt
Total Liabilities EOY$466,112TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$26,653,632NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$29,764,868NetAssetsOrFundBalancesEOYAmt
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$4,044,561ExpenseAmt
Revenue$40,286RevenueAmt
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$2,533,192ExpenseAmt
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$828,747ExpenseAmt
Revenue$25,465RevenueAmt
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 (3 entries)

ExpenseExpenseAmtDescDesc
$439,465ARCHITECTURAL 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.
$109,199SPECIAL PROJECTS AND PUBLIC WORKS - TO PROVIDE SERVICES CONSISTENT WITH THE MISSION OF THE ASSOCIATION WITHIN THE COMMUNITY.
$632,369COMMUNITY RELATIONS - PROMOTING THE COMMUNITY'S GOOD IMAGE AND FOSTERING A SPIRIT OF COOPERATION WITHIN THE MEMBERSHIP.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,181,033TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$8,587,533TotalProgramServiceExpensesAmt
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 Document24IRPDocumentCnt
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 (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
RACHEL S KRAMER
SECRETARY1.00Yes (X)$0$0$0
SUSHIL PATEL
VICE CHAIRMAN1.00Yes (X)$0$0$0
BARBARA MCNUTT
TREASURER1.00Yes (X)$0$0$0
DR STEVE N NGUYEN
CHAIRMAN1.00Yes (X)$0$0$0
DANNY OPITZ
BOARD MEMBER1.00Yes (X)$0$0$0
KEN REESE
BOARD MEMBER1.00Yes (X)$0$0$0
CARL KLINKE
BOARD MEMBER1.00Yes (X)$0$0$0
LYNN C STRICKLAND
ASSISTANT TREASURER48.00$176,204$0$18,489Yes (X)
JENNIFER AUSTIN
ASSISTANT SECRETARY45.00$156,884$0$15,354Yes (X)
J HAMMOND PEROT
PRESIDENT & CEO50.00$281,750$0$32,848Yes (X)
PENNY HAYTER
DIRECTOR OF SECURITY40.00$140,412$0$17,255Yes (X)
SCOTT WILSON
DIRECTOR OF COMMON PROPERT40.00$125,522$0$16,776Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$880,772TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$100,722TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
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$1,802,946
ALLIED BARTON SECURITY SERVICES
13430 NORTHWEST FWY STE 490HOUSTONTX77040SECURITY SERVICE$1,681,506
MOSS UTILITIES
3300 ROCK ISLAND RDIRVINGTX75060ELECTRICAL SERVICE$681,643
FRANCO'S
10562 LUNA RDDALLASTX75220LANDSCAPE SERVICE$334,682
CLARK HILL
901 MAIN ST 6000DALLASTX75202LEGAL SERVICES$285,502
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP ASSESSMENTS900099$14,624,679$14,624,679
CPM REVENUE900099$40,286$40,286
ACC REVENUE900099$25,465$25,465
FieldValueIRS element (for citing)
Total Program Service Revenue$14,690,430TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$86,946TotalRevenueColumnAmt
Exclusion$86,946ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$8,683,359SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$8,672,859SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$10,500SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,500TotalRevenueColumnAmt
Exclusion$10,500ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
G&A REIMBURSEMENTS900099$231,207$231,207
LATE FEES900099$78,293$78,293
FieldValueIRS element (for citing)
Other Revenue Total$309,500OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,097,376TotalRevenueColumnAmt
Related Or Exempt Func Income$14,999,930RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$97,446ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$681,530TotalAmt
Program Services$31,460ProgramServicesAmt
Management And General$650,070ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,760,995TotalAmt
Program Services$1,977,190ProgramServicesAmt
Management And General$783,805ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$55,215TotalAmt
Program Services$36,802ProgramServicesAmt
Management And General$18,413ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$562,866TotalAmt
Program Services$406,616ProgramServicesAmt
Management And General$156,250ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$242,629TotalAmt
Program Services$152,514ProgramServicesAmt
Management And General$90,115ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$312,076TotalAmt
Program Services$122,985ProgramServicesAmt
Management And General$189,091ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$29,700TotalAmt
Management And General$29,700ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$294,695TotalAmt
Program Services$14,997ProgramServicesAmt
Management And General$279,698ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$233,048TotalAmt
Program Services$232,479ProgramServicesAmt
Management And General$569ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$264,064TotalAmt
Program Services$152,785ProgramServicesAmt
Management And General$111,279ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$205,036TotalAmt
Program Services$16,351ProgramServicesAmt
Management And General$188,685ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$130,896TotalAmt
Program Services$13,497ProgramServicesAmt
Management And General$117,399ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$47,134TotalAmt
Program Services$46,328ProgramServicesAmt
Management And General$806ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$11,151TotalAmt
Program Services$6,883ProgramServicesAmt
Management And General$4,268ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$712,088TotalAmt
Program Services$425,189ProgramServicesAmt
Management And General$286,899ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$165,043TotalAmt
Program Services$78,831ProgramServicesAmt
Management And General$86,212ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
COMMON PROPERTY MAINTEN$4,296,290$4,169,559$126,731
ASSOCIATION UTILITIES$574,253$528,575$45,678
BAD DEBT$189,905$189,905
URBAN CENTER LAND USE$70,872$70,872

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$146,654TotalAmt
Program Services$103,620ProgramServicesAmt
Management And General$43,034ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,986,140TotalAmt
Program Services$8,587,533ProgramServicesAmt
Management And General$3,398,607ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$506,810BOYAmt
EOY$941,032EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$16,126,513BOYAmt
EOY$17,655,940EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$308,491BOYAmt
EOY$498,855EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$240,599BOYAmt
EOY$257,832EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,153,412LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,276,091LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,771,186BOYAmt
EOY$10,877,321EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$26,953,599BOYAmt
EOY$30,230,980EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$299,967BOYAmt
EOY$466,112EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$299,967BOYAmt
EOY$466,112EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$26,608,045BOYAmt
EOY$29,719,281EOYAmt

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$26,653,632BOYAmt
EOY$29,764,868EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,953,599BOYAmt
EOY$30,230,980EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,111,236ReconcilationRevenueExpnssAmt
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$14,624,679DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$12,000NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$12,000NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$58,499AggregateReportedDuesNtcAmt
Taxable-$46,499TaxableAmt

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$6,516,907OtherCostOrOtherBasisAmt
Depreciation$796,619DepreciationAmt
Book Value$5,720,288BookValueAmt

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$2,433,267OtherCostOrOtherBasisAmt
Depreciation$2,078,449DepreciationAmt
Book Value$354,818BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,180,129OtherCostOrOtherBasisAmt
Depreciation$6,397,758DepreciationAmt
Book Value$3,782,371BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,877,321TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$15,097,376TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$15,097,376RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,097,376TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,986,140TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$11,986,140ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$11,986,140TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 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.

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$231,750$0$50,000$0$0$0$7,009$0$25,839$0$314,598$0$0$0
LYNN C STRICKLAND
ASSISTANT TREASURER$176,204$0$0$0$0$0$3,928$0$14,561$0$194,693$0$0$0
JENNIFER AUSTIN
ASSISTANT SECRETARY$156,884$0$0$0$0$0$2,410$0$12,944$0$172,238$0$0$0
PENNY HAYTER
DIRECTOR OF SECURITY$140,412$0$0$0$0$0$4,311$0$12,944$0$157,667$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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