2022-09-09T12:36:45-05:00 2021-12-31 952972229 DANIELLS PHILLIPS VAUGHAN & BOCK 300 NEW STINE ROAD BAKERSFIELD CA 93309 990 2021-01-01 461112605 SOCC INC SOCC 6616646404 2000 GRAND LAKES AVENUE BAKERSFIELD CA 93311 JOHN PITRE CFO 6616646404 2022-09-09 1 JOHN PITRE 999009999 NATE WONG CPA MST P01790528 6618347411 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOHN PITRE 2000 GRAND LAKES AVENUE BAKERSFIELD CA 93311 11266673 0 X WWW.SEVENOAKSCOUNTRYCLUB.COM X 2012 CA PROMOTE THE BENEFIT, PLEASURE AND RECREATION OF ITS MEMBERS BY OWNING, OPERATING AND MANAGING A GOLF AND SOCIAL CLUB. 9 9 209 0 200206 0 0 0 7018792 7652333 0 -174956 -115181 2075185 6903611 9552562 0 0 0 0 3375307 4269023 0 0 0 3388219 4011360 6763526 8280383 140085 1272179 15171881 16957149 1832335 2117559 13339546 14839590 PROMOTE THE BENEFIT, PLEASURE AND RECREATION OF ITS MEMBERS BY OWNING, OPERATING AND MANAGING A GOLF AND SOCIAL CLUB. 0 0 6791955 ALL PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFITS OF ITS MEMBERS. 6791955 0 0 0 0 0 0 0 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 1 47 0 1 209 1 1 1 0 0 0 1 1 0 303715 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X MADDI PADGETT 6616646404 2000 GRAND LAKES AVE BAKERSFIELD CA 93311 MIKE BURTON PRESIDENT 5.00 X X 0 0 0 SCOTT HOWRY PRESIDENT ELECT 5.00 X X 0 0 0 PAUL MILLER SECRETARY 5.00 X X 0 0 0 JAY ERICSSON DIRECTOR 5.00 X 0 0 0 CLARINE GILLIAM DIRECTOR 5.00 X 0 0 0 DAVE METTLER DIRECTOR 5.00 X 0 0 0 RYAN NEWMAN DIRECTOR 5.00 X 0 0 0 DIANNA PRATHER DIRECTOR 5.00 X 0 0 0 JEREMY BREHMER PAST PRESIDENT 5.00 X 0 0 0 JOHN PITRE CFO 5.00 X 0 0 0 ENRIQUE CONTRERAS GENERAL MANAGER 40.00 X 148556 0 19271 THOMAS LIPSCOMB DIRECTOR OF AGRONOMY 40.00 X 159279 0 6864 307835 0 26135 2 0 1 0 0 MEMBERSHIP DUES 713910 6582586 6582586 GOLF 713910 1069747 1069747 7652333 174956 -174956 -174956 -174956 3614340 1539155 2075185 1874979 200206 9552562 9352356 200206 0 X 157500 157500 4111523 3542780 568743 39405 39405 28793 28793 205922 94991 110931 140004 140004 452286 3967 448319 1446851 1366295 80556 29677 29677 709106 709106 COURSE MAINTENANCE 363979 363979 SUPPLIES 225920 214589 11331 LAUNDRY 149323 149323 EQUIPMENT RENTAL 126932 126932 93162 79989 13173 8280383 6791955 1488428 0 815670 1847212 322148 517515 196143 178889 121388 272094 27352757 13211318 13716532 14141439 15171881 16957149 807025 545285 72862 182715 469885 802151 482563 587408 1832335 2117559 X 13339546 14839590 13339546 14839590 15171881 16957149 X 1272179 227865 X 0 1 X 1 0 1165561 1165561 8584729 5484186 3100543 9829783 1319738 8510045 4719842 3493532 1226310 3052842 2913862 138980 14141439 EMPLOYEE RETENTION CREDIT PAYABLE 587408 587408 X 11266673 0 11266673 -1714111 -1714111 9552562 10241659 2700059 2700059 7541600 738783 738783 8280383 PART X, LINE 2: THE CLUB IS A NOT-FOR-PROFIT CORPORATION, EXEMPT UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE FROM FEDERAL INCOME TAXES ON ALL INCOME OTHER THAN NET INCOME DERIVED FROM NONMEMBER ACTIVITIES. FOR CALIFORNIA FRANCHISE TAX PURPOSES, THE CLUB, UNDER SECTION 23701G OF THE CALIFORNIA CODE, IS AN EXEMPT, NOT-FOR-PROFIT CORPORATION AND IS REQUIRED TO PAY FRANCHISE TAXES ON NET INCOME FROM NONMEMBER REVENUE IN EXCESS OF 15% OF TOTAL REVENUE. NONMEMBER REVENUES ACCOUNTED FOR 4.6% OF THE TOTAL GROSS REVENUE OF THE CLUB FOR THE YEAR ENDED DECEMBER 31, 2021. THE CLUB HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THE GUIDANCE THE CLUB MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS -1,539,155. LOSS ON ABANDONED ASSETS -174,956. PART XII, LINE 2D - OTHER ADJUSTMENTS: EMPLOYEE RETENTION CREDIT 1,160,904. COGS 1,539,155. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST 29,677. DEPRECIATION 709,106. 0 0 0 ENRIQUE CONTRERAS GENERAL MANAGER 148556 0 0 0 0 0 8944 0 10327 0 167827 0 0 0 THOMAS LIPSCOMB DIRECTOR OF AGRONOMY 159279 0 0 0 0 0 0 0 6864 0 166143 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS EQUITY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL REGULAR MEMBERS ARE VOTING MEMBERS AND ANNUALLY ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EQUITY MEMBERS VOTE ON ISSUES REGARDING OVERALL GOVERNANCE OF THE CLUB AS WELL AS SPECIFIC ISSUES. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURNS ARE FIRST REVIEWED BY THE ORGANIZATION'S CONTROLLER, WHICH INCLUDES A COMPARATIVE REVIEW TO THE ORGANIZATION'S FINANCIAL STATEMENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD MEMBER IS REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY RELATIONSHIP OR INTEREST DIRECT OR INDIRECT WITH THE CLUB. FORM 990, PART VI, SECTION B, LINE 15A A GENERAL MANAGER'S REVIEW AND APPROVAL IS DONE ANNUALLY BY THE CLUB PRESIDENT AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 57,427. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,427. TRAINING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,173. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,173. EVENTS: PROGRAM SERVICE EXPENSES 13,155. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,155. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 7,152. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,152. TAXES AND LICENSES: PROGRAM SERVICE EXPENSES 2,255. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,255. FORM 990, PART XI, LINE 9: INITIATION FEES 111,183. SALE OF MEMBERSHIPS 154,200. REDEMPTION OF MEMBERSHIPS -37,518.