2024-12-16T16:59:34-06:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2021-01-01 821210238 MILPITAS CHARITY BINGO INC MILP 4084531121 461 S MILPITAS BLVD C MILPITAS CA 95035 LOREN VACCAREZZA GENERAL COUNSEL 4084531121 2024-12-13 1 CASIE ZWAHLEN CPA P02291311 6268577300 2024-12-13 2021 2024-10-15 13:58:12Z X LOREN VACCAREZZA 461 S MILPITAS BLVD C MILPITAS CA 95035 16414460 0 X MILPITASCHARITYBINGO.COM X 2017 CA TO IMPROVE OUR COMMUNITY'S FAMILIES, NEIGHBORHOODS, AND BUSINESSES. 4 4 22 4 0 0 46839 163966 0 0 644 1377 1119656 2792013 1167139 2957356 98312 289288 0 0 0 0 0 0 0 350064 554260 448376 843548 718763 2113808 787997 2229587 711303 32891 76694 2196696 X MILPITAS CHARITY BINGO IS COMMITTED TO IMPROVING OUR COMMUNITY'S FAMILIES, NEIGHBORHOODS, AND BUSINESSES. WE BELIEVE THAT EVERYONE HAS A RESPONSIBILITY TO ASSIST OTHERS IN NEED AND WE STRIVE TO IMPROVE THE QUALITY OF LIFE FOR ALL OF OUR NEIGHBORS, FRIENDS, AND EVEN THOSE WE DO NOT KNOW. HELPING TO MEET THE EDUCATIONAL, SPIRITUAL AND DAY-TO-DAY NEEDS OF ALL OF OUR CITIZENS IS OUR MISSION. 0 0 291473 289288 2791181 MILPITAS CHARITY BINGO IS A NON-PROFIT BINGO OPERATION THAT RAISES FUNDS FOR THE BENEFIT OF LOCAL CHARITIES AND ORGANIZATIONS. DURING THE YEAR OF 2021, MILPITAS CHARITY BINGO RAISED $289,288 FOR THE BENEFIT 30 LOCAL CHARITIES IN THE COMMUNITY. 291473 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 CA X LOREN VACCAREZZA 4084531121 461 S MILPITAS BLVD C MILPITAS CA 95035 X MARK DETAR PRESIDENT 5.00 X X 0 0 0 JOSEPH NGUYEN VICE PRESIDENT 5.00 X X 0 0 0 CLIFF WILLIAMS VICE PRESIDENT 5.00 X X 0 0 0 LOREN VACCAREZZA SECRETARY/TREASURER 5.00 X X 0 0 0 OFREJ STEVE GOBIN HEAD OF SECURITY 40.00 X 150000 0 0 150000 0 0 1 0 0 0 BINGO VISION 537 STONE RD STE E BENICIA CA 94510 BINGO CONSUMABLE PRODUCTS 1032433 ORINDA EQUITY PARTNERS 14 ORINDA WAY ORINDA CA 94563 PROPERTY RENTAL 543261 MARINA MECHANICAL 799 THORNTON STREET SAN LEANDRO CA 94577 HVAC REPAIR AND REPLACEMENT 126988 ADVANCED RESTORATION 1765 ROGERS AVE SAN JOSE CA 95112 BUILDING REPAIR 112511 4 96727 67239 163966 627 627 750 0 750 750 750 16242062 13450881 2791181 2791181 6282 6223 59 59 ATM COMMISSIONS 812900 773 773 773 2957356 2791181 0 2209 X 289288 289288 67255 67255 213539 213539 22810 22810 117220 117220 238 238 2166 2166 BAD DEBT EXPENSE 130552 130552 OTHER EXPENSES 480 19 461 843548 291473 552075 0 32500 45899 245588 1186650 25016 69510 17998 820732 111202 484893 709530 0 200000 787997 2229587 47069 32891 664234 711303 32891 X 76694 2196696 76694 2196696 787997 2229587 2113808 6194 0 X X 0 1 X 1 0 X 20421 46839 163966 231226 2397516 7349491 16248344 25995351 2417937 7396330 16412310 26226577 0 0 0 26226577 54 644 627 1325 54 644 627 1325 1930 4609 6539 1313 1497 773 3583 2421234 7403080 16413710 26238024 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: ATM COMMISSIONS - 2019 AMOUNT: $ 1,313. 2020 AMOUNT: $ 1,497. 2021 AMOUNT: $ 773. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 451223 61178 390045 129075 50024 79051 240434 240434 709530 SECURITY DEPOSITS 200000 200000 X 16540459 126000 126000 16414459 -13457103 -13457103 2957356 14426651 126000 13457103 13583103 843548 0 843548 PART X, LINE 2: MILPITAS CHARITY BINGO, INC. IS A NONPROFIT SUPPORT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM THE STATE FRANCHISE TAX BOARD UNDER SECTION 23701(E) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE ORGANIZATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE IS UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ORGANIZATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAMING EXPENSE -13,450,880. COGS EXPENSE -6,223. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSE 13,450,880. COGS EXPENSE 6,223. 16242061 11408964 469470 1572446 1 0.20000 16242061 11408964 469470 1572446 13450880 2791181 CA 1 0 0 0 1.00000 ORFEJ STEVE GOBIN 461 S MILPITAS BLVD MILPITAS CA 95035 0 ORFEJ STEVE GOBIN 150000 OPERATIONS MANAGER AND DIRECTOR OF SECURITY X 0 0 MILPITAS FANCY DANCERS 1491 N MILPITAS BLVD MILPITAS CA 95035 770082965 501(C)(3) 38918 0 N/A N/A GENERAL OPERATIONS MILPITAS COMMUNITY EDUCATION ENDOWMENT 1331 E CALAVERAS BLVD MILPITAS CA 95035 271030958 501(C)(3) 26032 0 N/A N/A GENERAL OPERATIONS MILPITAS HIGH SCHOOL ATHLETIC BOOSTER CLUB 1285 ESCUELA PKWY MILPITAS CA 95035 942600667 501(C)(3) 25198 0 N/A N/A GENERAL OPERATIONS SOCIETY OF SAINT ATHANASIUS DBA THOMAS MO 1565 S WHITE RD SAN JOSE CA 95127 942377490 501(C)(3) 22000 0 N/A N/A GENERAL OPERATIONS MILPITAS EXECUTIVE LIONS CLUB PO BOX 360906 MILPITAS CA 95036 043719956 501(C)(4) 19665 0 N/A N/A GENERAL OPERATIONS MILPITAS KIWANIS CLUB PO BOX 360730 MILPITAS CA 95036 461190109 501(C)(4) 17598 0 N/A N/A GENERAL OPERATIONS TRIPLE THREAT THEATRE FOUNDATION 142 N MILPITAS BLVD STE 422 MILPITAS CA 95035 871219004 501(C)(3) 16618 0 N/A N/A GENERAL OPERATIONS MILPITAS CHAMBER OF COMMERCE 828 N HILLVIEW DR MILPITAS CA 95035 941437366 501(C)(6) 14467 0 N/A N/A GENERAL OPERATIONS MILPITAS ROTARY CLUB PO BOX 360167 MILPITAS CA 95036 946108324 501(C)(4) 14389 0 N/A N/A GENERAL OPERATIONS SAN JOSE YOUTH SYMPHONY 5671 SANTA TERESA BLVD STE 210 SAN JOSE CA 95123 912166427 501(C)(3) 14386 0 N/A N/A GENERAL OPERATIONS MILPITAS PAL SOFTBALL 1275 N MILPITAS BLVD MILPITAS CA 95035 770408354 501(C)(3) 12043 0 N/A N/A GENERAL OPERATIONS GREEN THUMB GARDEN CLUB 24 BUTLER ST MILPITAS CA 95035 371954085 501(C)(3) 9052 0 N/A N/A GENERAL OPERATIONS MILPITAS HIGH SCHOOL PTSA 1285 ESCUELA PKWY MILPITAS CA 95035 320266902 501(C)(3) 8751 0 N/A N/A GENERAL OPERATIONS MILPITAS HISTORICAL SOCIETY 160 N MAIN ST MILPITAS CA 95035 770006334 501(C)(3) 8271 0 N/A N/A GENERAL OPERATIONS RANCHO MIDDLE SCHOOL PTSA 1915 YELLOWSTONE AVE MILPITAS CA 95035 770457262 501(C)(3) 5659 0 N/A N/A GENERAL OPERATIONS 11 4 SCHEDULE I, PART I, LINE 2 TO MONITOR THE USE OF GRANT FUNDS MILPITAS CHARITY BINGO, INC. REQUESTS THAT ALL GRANTEES PROVIDE INFORMATION TO THE ENTITY ON THE SPECIFIC USE OF THE FUNDS AND OUTCOMES ACCOMPLISHED WITH GRANT FUNDING. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE, MAY CREATE ONE OR MORE COMMITTEES, EACH CONSISTING OF TWO OR MORE DIRECTORS, TO SERVE AT THE PLEASURE OF THE BOARD. APPOINTMENTS TO COMMITTEES OF THE BOARD SHALL BE BY MAJORITY VOTE OF THE DIRECTORS THEN IN OFFICE. THE BOARD MAY APPOINT ONE OR MORE DIRECTORS AS ALTERNATE MEMBERS OF ANY SUCH COMMITTEE, WHO MAY REPLACE AN ABSENT MEMBER AT ANY MEETING. ANY SUCH COMMITTEE, TO THE EXTENT PROVIDED IN THE RESOLUTION OF THE BOARD, SHALL HAVE ALL OF THE AUTHORITY OF THE BOARD, EXCEPT THAT NO COMMITTEE, REGARDLESS OF BOARD RESOLUTION, MAY: A. FILL VACANCIES ON THE BOARD OR IN ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; B. ESTABLISH OR FIX COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; C. AMEND OR REPEAL BYLAWS OR ADOPT NEW BYLAWS; D. AMEND OR REPEAL ANY RESOLUTION OF THE BOARD WHICH ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE; E. APPOINT ANY OTHER COMMITTEES OF THE BOARD OR MEMBERS OF THESE COMMITTEES; F. APPROVE ANY CONTRACT OR TRANSACTION TO WHICH THE CORPORATION IS A PARTY AND IN WHICH ONE OR MORE OF ITS DIRECTORS HAS A MATERIAL FINANCIAL INTEREST, EXCEPT AS MUCH APPROVAL IS PROVIDED FOR IN SECTION 5233(D)(3) OF THE CALIFORNIA CORPORATIONS CODE. FORM 990, PART VI, SECTION A, LINE 2 MARK DETAR AND LOREN VACCAREZZA HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 ON JUNE 28TH, 2021 THE ORGANIZATION ADOPTED BY THE BOARD OF DIRECTORS A CONFLICT OF INTEREST AND COMPENSATION POLICY TO PROTECT THE CORPORATION'S INTERESTS WHEN IT IS CONSIDERING TAKING AN ACTION OR ENTERING INTO A TRANSACTION THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF A DIRECTOR, OFFICER OR KEY PERSON, RESULT IN THE PAYMENT OF EXCESSIVE COMPENSATION TO A DIRECTOR, OFFICER, KEY PERSON OR EMPLOYEE; OR OTHERWISE VIOLATE STATE AND FEDERAL LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NONPROFIT, CHARITABLE ORGANIZATIONS. THE POLICY APPLIES TO ALL DIRECTORS, OFFICERS AND KEY PERSONS. ALL POTENTIAL CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED IMMEDIATELY TO THE AUDIT COMMITTEE BY SUBMITTING A SIGNED, WRITTEN STATEMENT DISCLOSING ALL THE MATERIAL FACTS. ALL WRITTEN MATTERS INVOLVING CONFLICT OF INTEREST GO BEFORE THE BOARD FOR DELIBERATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS, DIRECTORS, AND THE TRUSTEES ARE REQUIRED TO DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. THE BOARD REVIEWS ANY CONFLICTS PRESENTED BY INTERESTED PARTIES. THE CHAIRPERSON APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE THE TRANSACTION IN QUESTION AND REPORT FINDINGS TO THE BOARD. ALTERNATIVES TO THE PROPOSED TRANSACTION ARE IDENTIFIED AND COMPARED TO THE PROPOSED TRANSACTION. THE BOARD VOTES ON THE MOST BENEFICIAL OPTION FOR THE ORGANIZATION. IF THE BOARD HAS REASON TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE THE POTENTIAL CONFLICT, THE BOARD WILL INVESTIGATE FURTHER AND IF NECESSARY, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR IS SUBJECT TO THE CONSENT AND APPROVAL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 130,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130,000. MARKETING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 53,539. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,539. OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,000. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING: THE ORIGINAL RETURN WAS SUBMITTED TO THE INTERNAL REVENUE SERVICE'S PRIOR TO COMPLETION OF THE ORGANIZATIONAL AUDIT. FINANCIAL STATEMENTS AND REPORTING, LINES 2B WAS AMENDED TO REPORT THAT THE ORGANIZATIONS FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT ON A SEPARATE BASIS FOR THE PERIOD END OF DECEMBER 31, 2021. FORM 990, PART III, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS, LINE 4A EXPENSES AND GRANTS ARE BEING AMENDED TO ACCOUNT FOR THE FINANCIAL CHANGES MADE TO PARTS VIII, AND IX. THE FINANCIAL CHANGES WERE DONE TO ENSURE THAT THE AMOUNTS ON THE RETURN TIE TO THE AMOUNTS REPORTED ON THE ORGANIZATIONS AUDITED FINANCIAL STATEMENT FOR THE PERIOD END OF DECEMBER 31, 2021. FORM 990, PART IV, CHECKLIST OF REQUIRED SCHEDULES THE CHECKLIST OF REQUIRED SCHEDULES, LINES 2, 11F, AND 12A ARE BEING AMENDED TO ACKNOWLEDGE AND TAKE INTO ACCOUNT THE CHANGES REFLECTED ON THE ORGANIZATIONS AUDITED FINANCIAL STATEMENTS FOR THE PERIOD END OF DECEMBER 31, 2021. FORM 990, PART VIII, PART IX, PART X, AND XI THE PREVIOUSLY FILED STATEMENT OF REVENUE, STATEMENT OF FUNCTIONAL EXPENSES, AND BALANCE SHEET IS BEING AMENDED TO ENSURE THAT THE FINANCIAL DATA BEING REPORTED ON THE TAX RETURN TIES TO THE ORGANIZATIONS AUDITED FINANCIAL STATEMENT FOR THE PERIOD END OF DECEMBER 31, 2021. THE RETURNS RECONCILIATION OF NET ASSETS IS BEING AMENDED TO ACCOUNT FOR THE FINANCIAL CHANGES THAT OCCURED TO PARTS VIII, IX, AND X. THE FINANCIAL UPDATES WERE MADE TO TIE THE ORGANIZATIONS RETURN TO ITS AUDITED FINANCIAL STATEMENT FOR PERIOD END OF DECEMBER 31, 2021. THIS RESULTED IN A CHANGE TO THE AMOUNTS BEING REPORTED ON LINES 1,2,3, 8 AND 10 OF PART XI. FORM 990, SCHEDULE A, PART III SCHEDULE A, PART III WAS AMENDED TO ACCURATELY REPORT REVENUE AS REFLECTED ON THE 2021 AUDITED FINANCIAL STATEMENTS. FORM 990, SCHEDULE B SCHEDULE B, WAS INCLUDED AS PART OF THE AMENDED RETURN TO REPORT THE SBA CONTRIBUTION RECOGNIZED AS REVENUE DURING THE 2021 FINANCIAL AUDIT. FORM 990, SCHEDULE D, PART XI, XII, AND XIII SCHEDULE D, PARTS XI THROUGH XIII ARE AMENDED TO RECONCILE THE REVENUE AND EXPENSES BETWEEN THE AUDITED FINANCIAL STATEMENTS WITH THE REVENUE AND EXPENSES PER THE RETURN. FORM 990, SCHEDULE G, PART III SCHEDULE G, PARTS III, LINES 4, 5, 7, AND 8 ARE AMENDED TO REFLECT THE CHANGE IN EXPENSES PER THE AUDITED FINANCIAL STATEMENTS.