2019-09-24T10:08:02-05:00 2018-12-31 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2018-01-01 756193943 THE LAS COLINAS ASSOCIATION LASC 9725412345 3838 TELEPORT BLVD IRVING TX 75039 HAMMOND PEROT PRESIDENT 9725412345 2019-09-19 1 IRA L NEVELOW P00083210 9724901970 174.47.139.16 2019-09-19 11:04:46 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 156379E830DA90E450AA26A0587AD20B8B0D98EF 2018 2019-02-21 02:37:17Z HAMMOND PEROT 3838 TELEPORT BLVD IRVING TX 75039 12571432 0 X WWW.LASCOLINAS.ORG X 1973 TX TO CREATE, SUSTAIN AND LEAD A RENOWNED COMMUNITY OF LASTING VALUE AND PRESENCE. 7 7 48 16 0 0 0 0 11524644 12176334 97526 201284 224288 171723 11846458 12549341 0 0 0 0 3536846 3703704 0 0 0 5838314 6355392 9375160 10059096 2471298 2490245 23437920 25963218 2215688 2236774 21222232 23726444 X TO CREATE, SUSTAIN AND LEAD A RENOWNED COMMUNITY OF LASTING VALUE AND PRESENCE. 0 0 3053394 40730 COMMON PROPERTY - MAINTAINS PUBLIC PARKS AND GREEN BELTS; MAINTAINS LANDSCAPING OF AND CONTROLS LITTER IN THE STREETS, MEDIANS, CONTIGUOUS OPEN SPACES, AND RIGHTS-OF-WAY. 2439040 PUBLIC SAFETY AND CRIME PREVENTION - PROVIDES SECURITY PATROLS AND ALARM MONITORING TO THE COMMUNITY. 713128 COMMUNITY RELATIONS - PROMOTING THE COMMUNITY'S GOOD IMAGE AND FOSTERING A SPIRIT OF COOPERATION WITHIN THE MEMBERSHIP. 589999 PROPERTY 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. 462401 60045 ARCHITECTURAL 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. 60413 SPECIAL PROJECTS AND PUBLIC WORKS - TO PROVIDE SERVICES CONSISTENT WITH THE MISSION OF THE ASSOCIATION WITHIN THE COMMUNITY. 1112813 60045 7318375 0 0 0 1 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 48 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X LYNN C STRICKLAND 9725412345 3838 TELEPORT BLVD IRVING TX 75039 RACHEL S KRAMER SECRETARY 1.00 X 0 0 0 R BEN BREWER CHAIRMAN 2.00 X 0 0 0 BARTON R HANKINS BOARD MEMBER 1.00 X 0 0 0 DR STEVE N NGUYEN TREASURER 1.00 X 0 0 0 RODNEY PHELPS BOARD MEMBER 1.00 X 0 0 0 KEN REESE BOARD MEMBER 1.00 X 0 0 0 CARL KLINKE BOARD MEMBER 1.00 X 0 0 0 LYNN C STRICKLAND DIRECTOR OF FINANCE 48.00 X 152651 0 17943 JENNIFER AUSTIN MANAGING DIRECTOR 45.00 X 145850 0 15197 J HAMMOND PEROT PRESIDENT & CEO 50.00 X 232324 0 46452 PENNY HAYTER DIRECTOR OF SECURITY 40.00 X 120674 0 3933 PHILLIP OCHSNER DIRECTOR OF ARCHITECTURAL CONTROL 40.00 X 109143 0 3352 SCOTT WILSON DIRECTOR OF COMMON PROPERTY 40.00 X 105266 0 3498 ETHAN R BIDNE FORMER PRESIDENT, CONSULTANT 1.00 X 4140 0 0 870048 0 90375 6 1 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICE 1571296 BRIGHTVIEW LANDSCAPE SERVICES INC 401 PLYMOUTH RD STE 500 PLYMOUTH MEETING PA 19462 LANDSCAPE SERVICE 1100760 CLARK HILL STRASBURGER PO BOX 50100 DALLAS TX 75250 LEGAL 160050 3 MEMBERSHIP ASSESSMENTS 900099 12075559 12075559 ACC REVENUE 900099 60045 60045 CPM REVENUE 900099 40730 40730 12176334 198375 198375 25000 22091 2909 2909 2909 G&A REIMBURSEMENTS 900099 104365 104365 LATE FEES 900099 67358 67358 171723 12549341 12348057 0 201284 610417 27877 582540 2320240 1798248 521992 40789 30820 9969 530573 414478 116095 201685 136128 65557 157075 84246 72829 28575 28575 8000 8000 408803 24773 384030 158927 158550 377 216179 124857 91322 59856 58382 1474 104192 8825 95367 80828 80455 373 16298 11275 5023 51840 51840 486558 261654 224904 168496 29447 139049 COMMON PROPERTY MAINTEN 3524812 3427798 97014 ASSOCIATION UTILITIES 530208 484057 46151 BAD DEBT 106988 106988 MISCELLANEOUS EXPENSE 78464 45595 32869 169293 110910 58383 10059096 7318375 2740721 0 410384 510273 15032805 16200650 353254 190721 205562 65401 17063350 8067177 7435915 8996173 23437920 25963218 165083 300136 1750000 1650000 300605 286638 2215688 2236774 X 21176645 23680857 45587 45587 21222232 23726444 23437920 25963218 X 2490245 13967 X X 0 1 X 1 0 0 0 0 12075559 8000 8000 48302 -40302 PART I-A, LINE 1: N/A X X 0 1298190 1298190 6514413 477187 6037226 9182 3265 5917 1993091 1727273 265818 7248474 5859452 1389022 8996173 ACCRUED COST OF PENSION BENEFIT 286638 286638 X 12549341 0 12549341 0 12549341 10059096 0 10059096 0 10059096 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. X 1 1 X X 0 0 0 0 0 0 0 0 0 LYNN C STRICKLAND DIRECTOR OF FINANCE 148286 0 4365 0 0 0 4944 0 12999 0 170594 0 0 0 JENNIFER AUSTIN MANAGING DIRECTOR 141485 0 4365 0 0 0 2198 0 12999 0 161047 0 0 0 J HAMMOND PEROT PRESIDENT & CEO 225047 0 7277 0 0 0 7500 0 38952 0 278776 0 0 0 ETHAN R BIDNE FORMER PRESIDENT, CONSULTANT 4140 0 0 0 0 0 0 0 0 0 4140 0 0 0 PART I, LINE 1A THE 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. FORM 990, PART VI, SECTION A, LINE 6 THE LAS COLINAS ASSOCIATION IS A MEMBERSHIP ORGANIZATION WITH ASSESSMENT PAYING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS VOTED ON BY THE MEMBERSHIP AT LARGE. FORM 990, PART VI, SECTION A, LINE 7B CHANGES 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 11B THE FINANCE AND INVESTMENT COMMITTEE COMPRISING OF 3 BOARD MEMBERS REVIEWS THE 990 FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL REVIEW WITH EMPLOYEES AND DIRECTORS IS CONDUCTED REGARDING THE CONFLICT OF INTERESTS POLICY AND ITS APPLICATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS COMPOSED OF INDEPENDENT MEMBERS WHO APPROVE THE SALARY OF THE PRESIDENT/GENERAL MANAGER 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 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DECREASE IN UNFUNDED PROJECTED PENSION LIABILITY 13,967. 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.