Socc Inc

“The club has equity members.”

“All regular members are voting members and annually elect the board of directors.”

“Equity members vote on issues regarding overall governance of the club as well as specific issues.”

“The tax returns are first reviewed by the organization's controller, which includes a comparative review to the organization's financial statement.”

“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.”

“A general manager's review and approval is done annually by the club president and board of directors.”

“The club does not make these documents available to the public.”

“Amended return statement form, line and/or instruction reference for general note or election regulation reference for general note or election description for general note or election explanation this return is being amended to recognize the employee retention credit in the amount of $600,488 in 2020 and to disallow employee retention credit taken in 2021 in the amount of $665,823. The results of the change are the following: form 990 part i line 15 as originally filed: $4,269,023 as amended: $4,934,846 form 990 part ix line 7a as originally filed: $4,111,523 as amended: $4,777,346 schedule d part xii line 1 as originally filed: $10,241,659 as amended: $10,907,482 salaries and wages have been increased by $665,823 to account for the amount disallowed for the employee retention credit. As such, revenues less expenses decreased by the same amount. Form 990 part x line 25 as originally filed: $587,408 as amended: $1,253,231 current liabilities increased by $665,823 to account for the employee retention credit that was disallowed. Form 990 part x line 7 as originally filed: $0 as amended: $600,488 current assets increased by $600,488 to account for the prior year's employee retention credit. Form 990 part x line 28 as originally filed: $13,339,546 as amended: $13,940,034 net assets with donar restrictions increased by $600,488 to account for the prior year's employee retention credit.”

“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.”

“Initiation fees 111,183. Sale of memberships 154,200. Redemption of memberships -37,518.”