2024-06-10T16:08:55-05:00 2023-07-31 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2022-08-01 411875881 REV SOCCER CLUB REVS 6125034738 2685 VIKINGS CIRCLE 025 EAGAN MN 55121 JAKE SCHULZ TREASURER 6125034738 2024-06-10 1 JAKE SCHULZ 999009999 0 MATT PILLSBURY P01565609 9528310085 2024-06-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SALVO SOCCER CLUB JAKE SCHULZ 2685 VIKINGS CIRCLE 025 EAGAN MN 55121 4091002 0 X WWW.SALVOSOCCER.ORG X 2012 MN TO DEVELOP OUTSTANDING PEOPLE THROUGH SOCCER EXPERIENCES FOR PLAYERS, FAMILIES, COACHES, REFEREES AND STAFF. 12 12 140 1000 0 0 375510 621868 3333082 3438393 591 20909 9282 9832 3718465 4091002 0 0 0 0 1757465 1798859 0 0 0 1750676 1726683 3508141 3525542 210324 565460 1013337 2028438 676710 1126351 336627 902087 TO DEVELOP OUTSTANDING PEOPLE THROUGH SOCCER EXPERIENCES FOR PLAYERS, FAMILIES, COACHES, REFEREES AND STAFF. 0 0 2715546 OUR VISION IS TO DEVELOP OUTSTANDING PEOPLE THROUGH SOCCER EXPERIENCES FOR PLAYERS, FAMILIES, COACHES, REFEREES, AND STAFF.SALVO SOCCER CLUB IS A YOUTH SOCCER CLUB SERVING ROSEMOUNT AREA ATHLETIC ASSOCIATION (RAAA), EASTVIEW ATHLETIC ASSOCIATION (EVAA), MENDOTA HEIGHTS ATHLETIC ASSOCIATION (MHAA), WOODBURY ATHLETIC ASSOCIATION (WAA), INDEPENDENT SCHOOL DISTRICT 192 (ISD 192), INDEPENDENT SCHOOL DISTRICT 197 (ISD 197), INDEPENDENT SCHOOL DISTRICT 833 (ISD 833) AND THE SURROUNDING COMMUNITIES IN THE STATE OF MINNESOTA. 2715546 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 59 0 1 140 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X THE ORGANIZATION 6125034738 2685 VIKINGS CIRCLE 025 EAGAN MN 55121 JOHN OPGRANDE PRESIDENT 2.00 X X 0 0 0 DAVE SCHOMAKER PAST PRESIDENT 1.00 X X 0 0 0 JARRETT YEHLEN MEMBER 1.00 X 0 0 0 SHAUNA MACDOUGALL SECRETARY 1.00 X X 0 0 0 JOY SYMALLA MEMBER 1.00 X 0 0 0 RYAN LIENHARD VICE PRESIDENT 1.00 X X 0 0 0 BRIAN HENDERSON MEMBER 1.00 X 0 0 0 PAUL LEE MEMBER 1.00 X 0 0 0 JAKE SCHULZ TREASURER 1.00 X X 0 0 0 MATT BACON MEMBER 1.00 X 0 0 0 REBEKKA LARSON MEMBER 1.00 X 0 0 0 BRIAN LUDVIGSON MEMBER 1.00 X 0 0 0 LISA WOLF EXECUTIVE DIRECTOR 40.00 X 95000 5715 0 95000 5715 0 0 0 0 0 0 621868 621868 LEAGUE REVENUE 900099 2337921 2337921 CAMP AND CLINIC REVENU 900099 678410 678410 TOURNAMENT REVENUE 900099 348049 348049 PROMOTIONAL SUPPORT 900099 74013 74013 3438393 20909 20909 MISCELLANEOUS 9832 9832 9832 4091002 3448225 0 20909 100715 37164 63551 1541183 1094237 446946 25160 9284 15876 131801 100886 30915 15463 15463 53308 53308 14909 14909 209470 128307 81163 815611 749748 65863 16964 16964 17658 17658 REFEREE FEES 207971 207971 TEAM, UNIFORM, TOURNAME 186882 186882 0 LEAGUE FEES 89743 89743 EQUIPMENT 65075 58016 7059 33629 33629 3525542 2715546 809996 0 132752 248649 484754 64402 113990 743724 179326 183722 380986 47791 0 333195 102515 454746 1013337 2028438 339768 227532 270889 502492 66053 396327 676710 1126351 X 336627 902087 336627 902087 1013337 2028438 565460 0 X 0 1 X 1 0 X 50000 55569 413145 375510 621868 1516092 4457152 2818514 2840551 3333082 3438393 16887692 4507152 2874083 3253696 3708592 4060261 18403784 0 0 0 18403784 3260 3579 199 591 20909 28538 3260 3579 199 591 20909 28538 675 5691 34407 9282 50055 4511087 2883353 3288302 3718465 4081170 18482377 0.99570 0.99640 0.00150 0.00060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 380986 47791 333195 333195 GOODWILL 85550 ROU ASSETS 369196 454746 DUE TO OTHERS 25965 OPERATING LEASE LIABILITY 370362 396327 X 4121233 30231 30231 4091002 0 4091002 3555773 30231 30231 3525542 0 3525542 PART X, LINE 2: SALVO HAS A TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ASC 740-10. SALVO'S POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FROM LOSS OF NONPROFIT STATUS. SALVO CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. IN COMPLIANCE WITH ITS EXEMPT STATUS, SALVO ANNUALLY FILES A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990). FORM 990, PART VI, SECTION A, LINE 6 0 FORM 990, PART VI, SECTION A, LINE 8B 0 FORM 990, PART VI, SECTION B, LINE 11B FINANCE COMMITTEE AND BOARD REVIEW INDEPENDENTLY AND SUBMIT QUESTIONS TO AUDIT FIRM. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. A GENERAL REVIEW OF CONTRACTS/TRANSACTIONS IS MADE BY THE EXECUTIVE COMMITTEE TO CONFIRM NO CONFLICTS OF INTEREST ARISE. CURRENTLY NO ISSUES HAVE BEEN IDENTIFIED. THE RESPONSIBLE PERSON HAVING A CONFLICT SHALL NOT PARTICIPATE IN THE DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING DELIBERATIONS, EXCEPT TO THE EXTENT HE OR SHE HAS BEEN INVITED BY THE BOARD OR COMMITTEE TO PARTICIPATE, AFTER CONSIDERATION OF THE SIGNIFICANCE TO SALVO SOCCER CLUB OF THE DISCLOSED CONFLICT. THE BOARD OR COMMITTEE MAY ALSO REQUEST TAHT HE OR SHE PROVIDES SALVO SOCCER CLUB WITH ANY RELEVANT INFORMATION KNOWN TO THE RESPONSIBLE PERSON REGARDING THE MATTER. ANY PROPOSED TRANSACTION OR ACTION IN WHICH THE BOARD HAS DETERMINED THE RESPONSIBLE PERSON HAS A SIGNIFICANT CONFLICT OF INTEREST IS TO BE APPROVED BY A MAJORITY OF ALL THE DIRECTORS THEN-SERVING WHO WOULD BE ENTITLED TO VOTE AND WHO ARE NOT INTERESTED DIRECTORS AT A MEETING AT WHICH QUORUM IS PRESENT (I.E., BY A SUPERMAJORITY OF THE ENTIRE BOARD (NOT INCLUDING A CONFLICTED DIRECTOR(S)), EVEN THOUGH THE NON-CONFLICTED DIRECTORS MAY CONSTITUTE LESS THAN A QUORUM). DELIBERATIONS BY THE BOARD REGARDING THE CONFLICT, AND ACTION TAKEN ON THE PROPOSED TRANSACTION OR ACTION, SHALL BE MEMORIALIZED IN BOARD MINUTES TO BE PREPARED NO LATER THAN 60 DAYS FOLLOWING THE MEETING AT WHICH DELIBERATIONS WERE HELD. THE VOTES EACH DIRECTOR IN SUPPORT OR IN OPPOSITION TO THE TRANSACTION OR ACTION SHALL BE NOTED. FORM 990, PART VI, SECTION B, LINE 15 BOARD REVIEWS INDUSTRY RATES FOR EXECUTIVE DIRECTOR OR TECHNICAL DIRECTOR ROLES. THE SALARY IS PRESENTED TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST