Civic Intelligence

Layton Lakes Community Association

EIN 26-1144708 • 501(c)4 • Tempe, AZ

Profile

The association works to embody, reflect, and carry forward the general design and goals of the community and to take such actions as it deems necessary to accomplish these goals. Going beyond the physical development and preservation of the land, the association is to perpetuate the sense of community life and spirit and to be responsibble for and involved in programs and activities which contribute postively to its residents and to the region of which it is a part.

1600 W Broadway Road Ste 200Tempe, AZ 85282

laytonlakesca.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.11x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.15x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

64th percentile

18%

Higher net margin than 64% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

3.6%

Faster revenue growth than 39% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$4,227,731

Up $621,877 (+17%) from 2023

Liabilities

Up

$474,615

Up $40,905 (+9.4%) from 2023

Net Assets

Up

$3,753,116

Up $580,972 (+18%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin64th percentile

Revenue

Up

$3,164,914

Up $111,397 (+3.6%) from 2023

Expenses

Down

$2,583,942

Down $57,509 (-2.2%) from 2023

Net Income

Up

$580,972

Up $168,906 (+41%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2020: $2,288,985Liabilities 2020: $339,727Net Assets 2020: $1,949,2582020Assets 2021: $2,901,720Liabilities 2021: $413,518Net Assets 2021: $2,488,2022021Assets 2022: $3,169,422Liabilities 2022: $409,344Net Assets 2022: $2,760,0782022Assets 2023: $3,605,854Liabilities 2023: $433,710Net Assets 2023: $3,172,1442023Assets 2024: $4,227,731Liabilities 2024: $474,615Net Assets 2024: $3,753,1162024

Highlighted filing

2024

Assets$4,227,731
Liabilities$474,615
Net Assets$3,753,116
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $2,607,528Expenses 2020: $2,689,980Net Income 2020: -$82,4522020Revenue 2021: $2,672,306Expenses 2021: $2,133,362Net Income 2021: $538,9442021Revenue 2022: $2,979,616Expenses 2022: $2,707,740Net Income 2022: $271,8762022Revenue 2023: $3,053,517Expenses 2023: $2,641,451Net Income 2023: $412,0662023Revenue 2024: $3,164,914Expenses 2024: $2,583,942Net Income 2024: $580,9722024

Highlighted filing

2024

Revenue$3,164,914
Expenses$2,583,942
Net Income$580,972
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,227,731
Liabilities
$474,615
Net assets
$3,753,116
Revenue
$3,164,914
Expenses
$2,583,942
Net income
$580,972
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$0.47$3.75$3.16$2.58$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$0.43$3.17$3.05$2.64$0.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$0.41$2.76$2.98$2.71$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$0.41$2.49$2.67$2.13$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.34$1.95$2.61$2.69$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$3,164,914
Mission and Program Overview

Mission

The association works to embody, reflect, and carry forward the general design and goals of the community and to take such actions as it deems necessary to accomplish these goals. Going beyond the physical development and preservation of the land, the association is to perpetuate the sense of community life and spirit and to be responsibble for and involved in programs and activities which contribute postively to its residents and to the region of which it is a part.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,172,144$3,753,116▲ $580,972
Investments Other Securities$2,501,000$2,815,000▲ $314,000
Cash and Non-Interest-Bearing Accounts$701,610$879,383▲ $177,773
Savings and Temporary Cash Investments$402,744$532,848▲ $130,104
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,605,854$4,227,731▲ $621,877
Other Assets Total$500$500→ $0
Liabilities
Deferred Revenue$433,685$474,615▲ $40,930
Accounts Payable and Accrued Expenses$25$0▼ $25
Total Liabilities$433,710$474,615▲ $40,905
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,172,144$3,753,116▲ $580,972
Total Liabilities and Net Assets / Fund Balance$3,605,854$4,227,731▲ $621,877

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,815,000--
Compensation and Service Providers
Top Officer Pay63rd percentile

Board Members and Trustees

NameTitle
James Lesueur IiiPresident
Krista BilstenVice President
Marshall ReichertDirector
Patricia EnglishDirector
Srinivasa MocharlaDirector
Alfred BlodgettSecretary
Mark TessierTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aam LLCManagement Services1600 W BROADWAY ROAD, Tempe, AZ 85282$199,297
Allstar Pro Painting LLCPaintingPO BOX 1222, Gilbert, AZ 85299$118,068
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,031,793
Investment Income
$133,121
Other Revenue
$0
Change in Net Assets
$580,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,583,942
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$228,389--$228,389
Office Expenses-$38,813-$38,813
Insurance-$35,257-$35,257
Other Expenses$24,990--$24,990
Fees for Services Legal$17,425--$17,425
All Other Expenses$13,296$2,015-$15,311
Fees for Services Accounting-$2,295-$2,295
Conferences and Meetings-$1,352-$1,352
Total Functional Expenses$2,504,210$79,732$0$2,583,942
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The association has obtained the service of a residential property management company to manage the affairs of the association.”

Form 990, Part VI, Section A, Line 6

“The owner of each lot shall be a member of the association and shall be entitled to vote in accordance with the terms of the declaration and by-laws.”

Form 990, Part VI, Section A, Line 7A

“Homeowners elect officers and board members for the association.”

Form 990, Part VI, Section B, Line 11B

“The governing body is provided a copy of the form 990 for review and signature before it is filed.”

Form 990, Part VI, Section C, Line 19

“The organization makes the information contained in line 19 available to the public at the offices of its managing agent upon request. It is made available to members upon request.”

Filing and Contact Details

Filer

Filer Name
Layton Lakes Community Association
EIN
26-1144708
Phone
6029579191
Address
1600 W BROADWAY ROAD STE 200, TEMPE, AZ 85282

Signing Officer

Name
James Lesueur Iii
Title
President
Phone
6029579191
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Lesueur Iii
Formed
2006
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Butler Hansen Plc
Address
1734 EAST BOSTON STREET STE 101, GILBERT, AZ 85295
Preparer
Paul E Hansen CPA
Phone
4804971250
Supplemental Narrative

Financial Statement Notes

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 recognizes 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 is has no uncertain tax position for the year ending december 31, 2024. The association believes that its income tax filing 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, 2024. 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 u.s. Federal tax authorities for years before 2022, or by arizona state tax authorities for years before 2021.”

Raw XML Appendix348 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02015
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IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0PROTECT AND MAINTAIN THE AESTHETICS OF THE COMMUNITY BY CONDUCTING THE MAINTENANCE AND IMPROVEMENTS OF LAKES, RECREATIONAL FACILITIES AND RIGHT OF WAY ALONG DEDICATED CITY STREETS.
IRS990/DescribedInSection501c3Ind00
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IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
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IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm1MARSHALL REICHERT
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICIA ENGLISH
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IRS990/Form990PartVIISectionAGrp/PersonNm4KRISTA BILSTEN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK TESSIER
IRS990/Form990PartVIISectionAGrp/PersonNm6ALFRED BLODGETT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03053517
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0580972
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03013793
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03172144
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03753116
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0402744
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0532848
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02815000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 RECOGNIZES 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 IS HAS NO UNCERTAIN TAX POSITION FOR THE YEAR ENDING DECEMBER 31, 2024. THE ASSOCIATION BELIEVES THAT ITS INCOME TAX FILING 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, 2024. 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 U.S. FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2022, OR BY ARIZONA STATE TAX AUTHORITIES FOR YEARS BEFORE 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt02815000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS OBTAINED THE SERVICE OF A RESIDENTIAL PROPERTY MANAGEMENT COMPANY TO MANAGE THE AFFAIRS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OWNER OF EACH LOT SHALL BE A MEMBER OF THE ASSOCIATION AND SHALL BE ENTITLED TO VOTE IN ACCORDANCE WITH THE TERMS OF THE DECLARATION AND BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOMEOWNERS ELECT OFFICERS AND BOARD MEMBERS FOR THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND SIGNATURE BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES THE INFORMATION CONTAINED IN LINE 19 AVAILABLE TO THE PUBLIC AT THE OFFICES OF ITS MANAGING AGENT UPON REQUEST. IT IS MADE AVAILABLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03605854
IRS990/TotalAssetsEOYAmt04227731
IRS990/TotalAssetsGrp/BOYAmt03605854
IRS990/TotalAssetsGrp/EOYAmt04227731
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079732
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02504210
IRS990/TotalFunctionalExpensesGrp/TotalAmt02583942
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0433710
IRS990/TotalLiabilitiesEOYAmt0474615
IRS990/TotalLiabilitiesGrp/BOYAmt0433710
IRS990/TotalLiabilitiesGrp/EOYAmt0474615
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03172144
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03753116
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02504210
IRS990/TotalProgramServiceRevenueAmt03031793
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0133121
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03031793
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03164914
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03605854
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04227731
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 W BROADWAY ROAD STE 200
IRS990/USAddress/CityNm0TEMPE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085282
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0LAYTONLAKESCA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES LESUEUR III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06029579191
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAYTON LAKES COMMUNITY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LAYT
ReturnHeader/Filer/EIN0261144708
ReturnHeader/Filer/PhoneNum06029579191
ReturnHeader/Filer/USAddress/AddressLine1Txt01600 W BROADWAY ROAD STE 200
ReturnHeader/Filer/USAddress/CityNm0TEMPE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085282
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860907754
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUTLER HANSEN PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01734 EAST BOSTON STREET STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GILBERT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085295
ReturnHeader/PreparerPersonGrp/PhoneNum04804971250
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL E HANSEN CPA
ReturnHeader/ReturnTs02025-11-15T22:12:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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