Highlights
- The Highlands Community Association Inc reported TY2023 revenue of $1,441,654, up 81% from $795,063 the prior year.
- Expenses of $1,708,534 exceeded revenue by $266,880, producing an operating deficit for the year.
- Total assets fell to $465,822 at year-end TY2023, down from $654,681 at the close of TY2022.
- Officer compensation was reported at $0 for both TY2022 and TY2023, per IRS Form 990 disclosures.
The Highlands Community Association Inc, a Scottsdale-based tax-exempt organization with EIN 841967796, took in $1,441,654 in revenue during tax year 2023, an 81% increase over the $795,063 it reported in TY2022, according to IRS Form 990 data published by ProPublica Nonprofit Explorer.
The revenue surge did not translate to financial strength. Expenses reached $1,708,534 in TY2023, outpacing income by $266,880 and leaving the organization with a year-end asset base of $465,822. That figure represents a drop of roughly $189,000 from the $654,681 in assets the association held at the close of TY2022.
The prior year told a different story: in TY2022, the organization ran a surplus, with $795,063 in revenue against only $413,450 in expenses. The reversal in TY2023 raises questions about what drove both the sharp revenue increase and the steeper rise in spending.
Officer compensation was reported as $0 in both TY2022 and TY2023, placing the association outside the watchdog threshold of executive pay exceeding 15% of revenue.
The underlying 990 filing, available through ProPublica, would detail the specific revenue sources and expense categories behind the swing. The Signal will continue monitoring future filings for this organization.
Sources
Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.
- ProPublica Nonprofit Explorer retrieved 01/09/2026 14:22
Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 01/09/2026 14:22. Every claim traces to a source.
