2025-11-12T16:45:27-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-01-01 821210238 MILPITAS CHARITY BINGO INC MILP 4087085222 2240 PARAGON DRIVE C SAN JOSE CA 95131 LOREN VACCAREZZA PRESIDENT 4087085222 2025-11-12 1 1 CASIE ZWAHLEN CPA P02291311 9099857286 2025-11-12 2024 2025-03-06 01:10:19Z LOREN VACCAREZZA 2240 PARAGON DRIVE C SAN JOSE CA 95131 29733699 0 X MILPITASCHARITYBINGO.COM X 2017 CA TO PROVIDE SUPPORT TO NON-PROFITS IN ORDER TO IMPROVE OUR COMMUNITY. 5 5 38 325 0 0 147585 177688 0 0 20002 1771 2183011 2882321 2350598 3061780 2643669 2232580 0 0 0 0 0 0 0 539473 839432 3183142 3072012 -832544 -10232 2291262 5107104 239049 3590855 2052213 1516249 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 2232580 2232580 2868994 MILPITAS CHARITY BINGO IS A NON-PROFIT BINGO OPERATION THAT RAISES FUNDS FOR THE BENEFIT OF LOCAL CHARITIES AND ORGANIZATIONS. DURING THE YEAR OF 2024, MILPITAS CHARITY BINGO RAISED $2,232,580 FOR THE BENEFIT MANY LOCAL CHARITIES IN THE COMMUNITY. 2232580 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 CA X LOREN VACCAREZZA 4087085222 2240 PARAGON DRIVE C SAN JOSE CA 95131 X OFREJ STEVE GOBIN LEFT 111 HEAD OF SECURITY 40.00 X 206269 0 11795 JOSE D NAVARRO ASSISTANT HEAD OF SECURITY 40.00 X 181887 0 10235 LOREN VACCAREZZA PRESIDENT 20.00 X X 0 0 0 CLIFF WILLIAMS VICE PRESIDENT 5.00 X X 0 0 0 JEFFREY CORTESE TREASURER 5.00 X X 0 0 0 CHRISTOPER RILEY SECRETARY 5.00 X X 0 0 0 MARK DETAR DIRECTOR 5.00 X 0 0 0 388156 0 22030 2 0 1 0 DANIEL ENRIQUEZ 376 RALSON RIDGE BOULDER CREEK CA 95006 SECURITY 131923 RICHARD ALVARI 47201 MISSION FALLS CT 1122 FREMONT CA 94539 MARKETING 113250 2 177688 177688 1771 1771 29540913 26671919 2868994 2868994 MISCELLANEOUS INCOME 812900 12550 12550 ATM COMMISSION 812900 777 777 13327 3061780 2868994 0 15098 X 2232580 2232580 61970 61970 337127 337127 38890 38890 47721 47721 85639 85639 419 419 CREDIT CARD FEE 243172 243172 MEMBERSHIP DUES AND SUB 16200 16200 MISCELLANEOUS 7584 7584 OTHER TAXES AND LICENSE 710 710 3072012 2232580 839432 0 421987 299322 168091 315317 77092 101102 31375 30623 1924025 531041 1342717 1392984 250000 2967756 2291262 5107104 239049 748908 0 2841947 239049 3590855 X 2052213 1516249 2052213 1516249 2291262 5107104 X -10232 -525732 X X 0 1 X 1 0 X 46839 67239 129963 147585 177688 569314 7349491 16248345 19561831 25825064 29540913 98525644 7396330 16315584 19691794 25972649 29718601 99094958 0 0 0 99094958 644 627 496 20002 1771 23540 644 627 496 20002 1771 23540 4609 4609 1497 773 5047 12564 13327 33208 7403080 16316984 19697337 26005215 29733699 99156315 0.99940 0.99930 0.00020 0.00030 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: ATM COMMISSIONS - 2020 AMOUNT: $ 1,497. 2021 AMOUNT: $ 773. 2022 AMOUNT: $ 2,107. 2023 AMOUNT: $ 2,423. 2024 AMOUNT: $ 777. MISCELLANEOUS INCOME - 2022 AMOUNT: $ 2,940. 2023 AMOUNT: $ 10,141. 2024 AMOUNT: $ 12,550. 1702810 362728 1340082 221215 168313 52902 1392984 SECURITY DEPOSITS 250000 OPERATING RIGHT-OF-USE ASSET 2717756 2967756 LEASE LIABILITIES 2841947 2841947 X 29859699 126000 26671919 26797919 3061780 0 3061780 29869931 126000 26671919 26797919 3072012 0 3072012 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 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT 26,671,919. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT 26,671,919. 29540913 21633163 638993 4399763 1 0.20000 29540913 21633163 638993 4399763 26671919 2868994 CA 1 0 0 0 1.00000 RICH CHAFFINO 461 S MILPITAS BLVD SUITE 3 MILPITAS CA 95035 0 RICH CHAFFINO 27404 HEAD OF SECURITY X 1 2232580 1 SC COUNTY CHARITIES INC 1590 BERRYESSA RD SAN JOSE CA 95133 933296267 501(C)(3) 1276000 0 N/A N/A GENERAL OPERATIONS RIPTIDE FASTPITCH SOFTBALL 3012 BECKLEY DR SAN JOSE CA 95135 873157370 501(C)(3) 54424 0 N/A N/A GENERAL OPERATIONS MILPITAS HIGH SCHOOL BAND BOOSTERS 12865 ESCUELA PKWY MILPITAS CA 95035 912028885 501(C)(3) 26147 0 N/A N/A GENERAL OPERATIONS GREEN THUMB GARDEN CLUB 24 BUTLER ST MILPITAS CA 95035 371954085 501(C)(3) 6454 0 N/A N/A GENERAL OPERATIONS MILPITAS EXECUTIVE LIONS CLUB PO BOX 360906 MILPITAS CA 95036 043719956 501(C)(3) 6890 0 N/A N/A GENERAL OPERATIONS ROSE ELEMENTARY SCHOOL PARENT TEACHER ORG 250 ROSEWELL DR MILPITAS CA 95035 842926467 501(C)(3) 9559 0 N/A N/A GENERAL OPERATIONS HOPE FOR THE UNHOUSED 1866 N PARK VICTORIA DR MILPITAS CA 95035 861428946 501(C)(3) 9995 0 N/A N/A GENERAL OPERATIONS MILPITAS PAL KNIGHTS YOUTH FOOTBALL AND CHEER 1275 NORTH MILPITAS BLVD MILPITAS CA 95035 770408354 501(C)(3) 10476 0 N/A N/A GENERAL OPERATIONS SAMOAN COMMUNITY ASSEMBLY OF GOD 6051 S WATT AVE SACRAMENTO CA 95829 472968092 501(C)(3) 11872 0 N/A N/A GENERAL OPERATIONS JOSEPH WELLER ELEMENTARY PTSA 345 BOULDER ST MILPITAS CA 95035 770327456 501(C)(3) 15721 0 N/A N/A GENERAL OPERATIONS ROTARY CLUB OF SILICON ANDHRA 1521 CALIFORNIA CIRCLE MILPITAS CA 95035 843904455 501(C)(3) 16305 0 N/A N/A GENERAL OPERATIONS SINNOTT ELEMENTARY PTA 2025 YELLOWSTONE AVENUE MILPITAS CA 95035 770318470 501(C)(3) 16878 0 N/A N/A GENERAL OPERATIONS BAY AREA TUTORING ASSOCIATION 510 VALLEY WAY MILPITAS CA 95035 320411828 501(C)(3) 19079 0 N/A N/A GENERAL OPERATIONS TRIPLE THREAT THEATRE FOUNDATION 142 N MILPITAS BLVD SUITE 422 MILPITAS CA 95035 871219004 501(C)(3) 19465 0 N/A N/A GENERAL OPERATIONS MILPITAS COMMUNITY EDUCATION ENDOWMENT 1866 N PARK VICTORIA DR MILPITAS CA 95035 271030958 501(C)(3) 20436 0 N/A N/A GENERAL OPERATIONS MILPITAS KIWANIS CLUB PO BOX 360730 MILPITAS CA 95036 461190109 501(C)(3) 23288 0 N/A N/A GENERAL OPERATIONS MILPITAS PAL SOCCER 280 BOYD STREET MILPITAS CA 95035 770408354 501(C)(3) 26233 0 N/A N/A GENERAL OPERATIONS PARI FOUNDATION 1599 MT SHASTA DR MILPITAS CA 95035 460722205 501(C)(3) 28464 0 N/A N/A GENERAL OPERATIONS SAN JOSE SPARTANS SOFTBALL 228 RAILWOOD AVENUE CAMPELL CA 95008 831487126 501(C)(3) 29329 0 N/A N/A GENERAL OPERATIONS ALUM ROCK FUTBOL CLUB BOOSTERS 1460 KOLL CIRCLE D SAN JOSE CA 95112 920833975 501(C)(3) 29909 0 N/A N/A GENERAL OPERATIONS SAN JOSE RUSH SOCCER 3547 CHAMBERLAIN DRIVE SAN JOSE CA 95121 813076892 501(C)(3) 48579 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) 75320 0 N/A N/A GENERAL OPERATIONS YOUTH ARTS IN MILPITAS 1210 DANIEL COURT MILPITAS CA 95035 922209822 501(C)(3) 92657 0 N/A N/A GENERAL OPERATIONS MILPITAS FANCY DANCERS 1491 N MILPITAS BLVD MILPITAS CA 95035 770082965 501(C)(3) 98960 0 N/A N/A GENERAL OPERATIONS SOCIETY OF SAINT ATHANASIUS DBA THOMAS MORE SCHOOL 1565 S WHITE RD SAN JOSE CA 95127 942377490 501(C)(3) 225000 0 N/A N/A GENERAL OPERATIONS MILPITAS HISTORICAL SOCIETY 160 N MAIN STREET MILPITAS CA 95035 770006334 501(C)(3) 5669 0 N/A N/A GENERAL OPERATIONS RANDALL ELEMENTARY SCHOOL PTA 1300 EDSEL DRIVE MILPITAS CA 95035 770086931 501(C)(3) 5614 0 N/A N/A GENERAL OPERATIONS 27 0 PART I, LINE 2: MILPITAS CHARITY BINGO INC ACCEPTS GRANT APPLICATIONS THAT GOES BEFORE THE BOARD FOR REVIEW AND APPROVAL. ORGANIZATIONS APPLYING FOR GRANTS ARE ASKED TO PROVIDE A COPY OF THEIR IRS DETERMINATION LETTER, HISTORY OF THE NON-PROFIT ORGANIZATION, AND A DESCRIPTION OF THE INTENDED US OF FUNDS IF THE ORGANIZATION IS AWARDED A GRANT. AFTER APPLICATIONS ARE VETTED, THEY ARE PROVIDED TO THE BOARD FOR APPROVAL. THE RECORDS ARE KEPT FOR THE ORGANIZATION'S RECORDS. 0 0 0 0 0 0 0 0 0 OFREJ STEVE GOBIN LEFT 111 HEAD OF SECURITY 206269 0 0 0 0 0 8000 0 3795 0 218064 0 0 0 JOSE D NAVARRO ASSISTANT HEAD OF SECURITY 181887 0 0 0 0 0 7537 0 2698 0 192122 0 0 0 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 B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE BOARD OF DIRECTORS. 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 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 OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 337,127. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 337,127. FORM 990, PART XI, LINE 9: PRIOR YEAR ADJUSTMENT -525,732. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.