Highlands Ranch Community Assoc

Not tax-deductible

Hghlnds Ranch, CO501(c)(4)Since 1981HousingEIN 84-0869474Revenue $32.2M in FY2024

On file with the IRShrcaonline.org9568 S University Blvd, 80126-2912 · Hghlnds Ranch, COTax-exempt since Jul 2003

This page gets seen. Tell your story. Claim this org.

Promoting the common good and welfare of the approximately 100,000 residents of Highlands Ranch.

85¢ of each $1 spent went to programs.
Run by 120 volunteers and 928 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $3.1M a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 4% of spending
Top officer’s pay higher than 61% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $36K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.7M
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$32.2M
+3% vs prior year
Spent
$29.7M
To programs
85%
Net assets
$52.8M
By yearFY2020–FY2024
Revenue
$32.2M
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$24.8M
FY2021$26.6M
FY2022$28.4M
FY2023$31.3M
FY2024$32.2M
Expenses
$29.7M
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$21.4M
FY2021$23.3M
FY2022$26.0M
FY2023$27.5M
FY2024$29.7M
Net assets
$52.8M
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$40.8M
FY2021$44.1M
FY2022$46.5M
FY2023$50.2M
FY2024$52.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $25.1M Management & general 15% · $4.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

13 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
$242,860Pt VII · Sec A
$170,771Pt VII · Sec A
Director of Programs
$152,253Pt VII · Sec A
HR Director
$150,928Pt VII · Sec A
Director of Operations & Facility
$147,932Pt VII · Sec A
Dir of Backcountry Wilderness Area
$137,176Pt VII · Sec A
Director of Marketing&communication
$122,854Pt VII · Sec A
Director of Community Improvem Serv
$117,243Pt VII · Sec A

Michael Bailey’s $243K as CEO/Gm is at the 61st percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael Bailey$242,860$196,973$160,836——
Gerald Flannery———$204,488$199,434
Brice Kahler$170,771$162,119$42,055——
Kenneth Joseph$152,253$145,672$141,474——
Camilla Ellis$150,928$68,951———
Ken Joseph———$148,588$134,337
Mark Gunther$147,932$137,545$116,294$110,277—
Linda Dorre———$138,020$131,538

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Highlands Ranch Community Assoc executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves the well-being and common good for Highlands Ranch residents.

Questions for Highlands Ranch Community Assoc

Tap to ask. Highlands Ranch Community Assoc sees how many people are interested.

Your first name shows with your question. Highlands Ranch Community Assoc answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $25.1M · in their own filed words · FY2024
01

Operate and maintain community and recreational facilities, manage and maintain common interest properties, provide architectural control, covenant enforcement, and community events for the community of approximately 100,000 residents of highlands ranch COLORADO.THE association owns and operates four recreation centers, providing…

$25.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$36K
Grants paid · 4 grants · $205K · 2021–2024
Highlands Ranch Community SchFY2024$30,302
Highlands Ranch Community SchFY2023$50,000
Highlands Ranch Community SchFY2022$50,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$32.2M
Ln 12
Fees for servicesLn 2g$31.7M
Investment incomeLn 3$573K
Money outPt IX
$29.7M
Ln 25
Programscol B$25.1M
Managementcol C$4.6M
Owns and owesPt X
$52.8M
net assets · Ln 32
Cash and savingsLn 1–2$7.7M
Total assetsLn 16$57.5M
LiabilitiesLn 26$4.7M
PeoplePt VI, VII
13
listed · VII A
PaidVII A8
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$31.7M
Investment incomeLn 3$573K
Gains on assetsLn 7−$492K
Total revenueLn 12$32.2M
Assets in detailPt X, end of year
CashLn 1$3.1M
SavingsLn 2$4.6M
Cash and savings togetherLn 1–2$7.7M
InvestmentsLn 11–13$12.2M
Land, buildings, equipmentLn 10c$36.2M
Other assetsLn 15$0
Total assetsLn 16$57.5M
LiabilitiesLn 26$4.7M
Net assetsLn 32$52.8M
OperationsPt I, VI
EmployeesI 5928
VolunteersI 6120
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$16.3M$7.7M
InvestmentsLn 11–13$6.0M$12.2M
Land, buildings, equipmentLn 10c$34.5M$36.2M
Total assetsLn 16$58.0M$57.5M
LiabilitiesLn 26$7.8M$4.7M
Net assetsLn 32$50.2M$52.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$41K$41K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$1.4M$1.4M
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$12.9M$11.3M$1.7M
Pension plan contributionsLn 8$322K$268K$54K
Other employee benefitsLn 9$1.9M$1.6M$255K
Payroll taxesLn 10$1.2M$1.1M$139K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$558K$266K$291K
Advertising and promotionLn 12$467K$321K$146K
Office expensesLn 13$759K$477K$282K
Information technologyLn 14$839K$643K$196K
RoyaltiesLn 15$0
OccupancyLn 16$1.5M$1.5M$7K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$180K$180K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3.2M$3.1M$94K
InsuranceLn 23$593K$523K$69K
Other expenses (24a–d)Ln 24$3.8M$3.8M$34K
All other expensesLn 24e$0
Total functional expensesLn 25$29.7M$25.1M$4.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $32.2M$29.7M$2.5M$52.8M 990 PDF
FY2023 $31.3M$27.5M$3.7M$50.2M 990 PDF
FY2022 $28.4M$26.0M$2.4M$46.5M 990 PDF
FY2021 $26.6M$23.3M$3.3M$44.1M 990 PDF
FY2020 $24.8M$21.4M$3.5M$40.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $32,241,226 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $30,380,799$31,668,373
I-10 Investment incomePrior year $894,263$572,853
I-11 Other revenue$0
I-12 Total revenuePrior year $31,275,062$32,241,226
I-13 Grants and similar amounts paidPrior year $50,000$41,198
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $16,052,129$17,754,945
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $11,446,598$11,913,628
I-18 Total expensesPrior year $27,548,727$29,709,771
I-19 Revenue less expensesPrior year $3,726,335$2,531,455
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $32,241,226 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $31,668,373$31,668,373
VIII-3 Investment incomeRelated to mission $1,065,014$1,065,014
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$492,161−$492,161
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $32,733,387 · Excluded from tax −$492,161$32,241,226
Part IX · Statement of functional expenses $29,709,771 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $41,198$41,198
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $1,356,259$1,356,259
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $11,252,902 · Management $1,677,324$12,930,226
IX-8 Pension plan contributionsPrograms $268,019 · Management $53,805$321,824
IX-9 Other employee benefitsPrograms $1,649,309 · Management $254,551$1,903,860
IX-10 Payroll taxesPrograms $1,103,393 · Management $139,383$1,242,776
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $266,482 · Management $291,496$557,978
IX-12 Advertising and promotionPrograms $320,629 · Management $146,427$467,056
IX-13 Office expensesPrograms $477,183 · Management $282,031$759,214
IX-14 Information technologyPrograms $643,071 · Management $195,855$838,926
IX-15 Royalties$0
IX-16 OccupancyPrograms $1,489,264 · Management $6,746$1,496,010
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $180,232$180,232
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,133,832 · Management $94,396$3,228,228
IX-23 InsurancePrograms $523,303 · Management $69,268$592,571
IX-24 Other expenses (24a–d)Programs $3,759,648 · Management $33,765$3,793,413
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $25,108,465 · Management $4,601,306 · Fundraising $0$29,709,771
Part X · Balance sheet $57,504,075 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $3,194,579$3,105,840
X-2 Savings and temporary cash investmentsStart of year $13,152,588$4,633,782
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $499,446$819,976
X-8 Inventories for sale or useStart of year $56,062$56,062
X-9 Prepaid expenses and deferred chargesStart of year $579,102$509,979
X-10c Land, buildings and equipment, netStart of year $34,513,792$36,171,218
X-11 Publicly traded securities$0
X-12 Other securitiesStart of year $6,027,423$12,207,218
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $58,022,992$57,504,075
X-17 Accounts payable and accrued expensesStart of year $1,503,528$1,361,641
X-19 Deferred revenueStart of year $3,156,243$3,353,792
X-26 Total liabilitiesStart of year $7,790,800$4,715,433
X-32 Total net assets or fund balancesStart of year $50,232,192$52,788,642
X-33 Total liabilities and net assetsStart of year $58,022,992$57,504,075
Part XI · Reconciliation of net assets $52,788,642 net assets at year end
XI-1 Total revenue$32,241,226
XI-2 Total expenses$29,709,771
XI-3 Revenue less expenses$2,531,455
XI-4 Net assets at start of year$50,232,192
XI-5 Net unrealized gains (losses) on investments−$84,815
XI-8 Prior period adjustments$109,810
XI-10 Net assets at end of year$52,788,642

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.