2015-09-29T13:23:04-05:00 2014-12-31 680037990 GILBERT ASSOCIATES INC 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2014-01-01 680023541 PLACER UNITED SOCCER CLUB PLAC 9166605890 1091 TINKER ROAD NO 300 ROCKLIN CA 95765 JEFF FLINT CHIEF EXECUTIVE OFFICER 9166605890 2015-09-18 1 LINDA D GEERY P00364484 9166466464 2014 2016-04-25 22:37:26Z JEFF FLINT 1091 TINKER ROAD NO 300 ROCKLIN CA 95765 1674254 0 X PLACERUNITED.COM X 1982 CA TO PROVIDE THE YOUTH OF PLACER COUNTY THE OPPORTUNITY TO PLAY SOCCER AT A COMPETITIVE LEVEL. 6 5 29 60 0 0 9850 20539 1481182 1597512 0 17 49433 44893 1540465 1662961 61758 62212 0 0 599432 592249 0 0 5328 905197 868821 1566387 1523282 -25922 139679 1493270 1553212 1345443 1265706 147827 287506 TO PROVIDE THE YOUTH OF PLACER COUNTY THE OPPORTUNITY TO PLAY SOCCER AT A COMPETITIVE LEVEL. 0 0 1470115 62212 1619063 PROVIDE YOUTH SOCCER ACTIVITIES TO CHILDREN BETWEEN THE AGES OF 4 AND 18. 1470115 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 36 0 1 29 1 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 CA X JODI TARR 9164345890 1091 TINKER ROAD STE 300 ROCKLIN CA 95765 X JEFF FLINT CHEIF EXECUTIVE OFFICER 5.00 X X 0 0 0 JONNA WARD TREASURER 3.00 X X 0 0 0 JEANNE MABRY SECRETARY 10.00 X X 0 0 0 YVONNE SEIBER TRUSTEE 1.00 X 0 0 0 FRANCOIS BARBE TRUSTEE 1.00 X 0 0 0 DAVID FAINGOLD TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 20539 20539 REGISTRATION INCOME 900099 1295868 1295868 TOURNAMENTS 900099 197381 197381 TINKER LEAGUE REVENUE 900099 48572 48572 CAMP REVENUE 900099 40116 40116 REC PROGRAM REVENUE 900099 15575 15575 1597512 17 17 3690 0 3690 3690 3690 24284 10162 14122 14122 4750 0 4750 4750 1911 1131 780 780 OTHER 900099 21551 21551 21551 1662961 1619063 0 23359 62212 62212 540528 522528 18000 51721 50169 1552 2430 2430 41446 41446 16146 5490 5328 5328 7558 3779 3779 3938 3938 135256 135256 95452 95452 2855 2855 55188 55188 48063 48063 TOURNAMENT EXPENSES 218813 218813 FIELD EXPENSES 107192 107192 LEAGUE EXPENSES 100929 100929 CAMP EXPENSE 13641 13641 19914 9957 9957 1523282 1470115 47839 5328 110458 213886 30017 22661 0 13986 7442 1453980 152113 1346165 1301867 1493270 1553212 41372 28640 2515 1103075 1301556 133991 1345443 1265706 X 147827 287506 147827 287506 1493270 1553212 139679 0 X 0 0 0 X 10673 13731 21359 9850 20539 76152 1038912 1173619 1668610 1542410 1645258 7068809 1049585 1187350 1689969 1552260 1665797 7144961 0 0 0 7144961 293 27 17 337 293 27 17 337 1049878 1187377 1689969 1552260 1665814 7145298 1.00000 0.99990 0.00000 0.00000 X PART III; SECTION A; LINE 5 THE ORGANIZATION HAS AN AGREEMENT WITH THE ROSEVILLE CITY SCHOOL DISTRICT TO USE THREE OUTDOOR FIELDS FREE OF CHARGE. THE ORGANIZATION HAD PREVIOUSLY PAID FOR THE LIGHT INSTALLATION IN THESE FIELDS. NO VALUE HAS BEEN ADDED FOR THE USE OF THESE FIELDS BECAUSE THE FIELDS WOULD BE OTHERWISE NOT USED. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1020000 23800 996200 424637 118970 305667 9343 9343 0 1301867 AUCTION 21030 21030 1124 1395 2391 2346 3254 3254 2906 24284 24284 1124 1395 2391 5252 10162 14122 1 SCHOLARSHIPS 93 62212 JONNA WARD TREASURER OF THE BOARD OF DIRECTORS PUSC FINANCED $1,105,000 FOR THE PURCHASE OF AN INDOOR SOCCER FACILITY X 1105000 1103075 0 1 1 NELLE THOMPSON BOARD MEMBER THROUGH APRIL 30, 2013 X 0 1 1 1103075 GREGG THOMPSON HUSBAND OF FORMER BOARD MEMBER - NELLE THOMPSON THE ORGANIZATION'S TRANSACTION WITH FLASHPOINT PROPERTIES (AS DESCRIBED IN PART II ABOVE) INCLUDED A $70,000 SEVERANCE PAYMENT TO GREGG THOMPSON FOLLOWING TERMINATION OF HIS EMPLOYMENT. 0 SCHEDULE L; PART II DURING 2012, PLACER UNITED SOCCER CLUB (PUSC) ENTERED INTO A LEASE AGREEMENT WITH TINKER SOCCER TRAINING CENTER, LLC (TSTC) TO OCCUPY AND USE THE PROPERTY LOCATED AT 1091 TINKER ROAD, ROCKLIN, CA. ON APRIL 23, 2013, TSTC SOLD THE PROPERTY TO PUSC AT WHICH TIME PUSC ENTERED INTO A MORTGAGE AGREEMENT WITH FLASHPOINT PROPERTIES, LLC, TO FINANCE THE PURCHASE OF THE PROPERTY AT 1091 TINKER ROAD.THE OWNERSHIP OF TSTC INCLUDED NELLE THOMPSON (33.33% OWNERSHIP); FLASHPOINT PROPERTIES, LLC (33.33% OWNERSHIP); AND THE REMAINING 33.34% OWNERSHIP WAS HELD BY A NON-RELATED PARTY.NELLE THOMPSON WAS AN ACTIVE MEMBER OF PUSC'S BOARD OF DIRECTORS THROUGH APRIL 30, 2013. FLASHPOINT PROPERTIES, LLC IS OWNED 100% BY JONNA WARD AND HER HUSBAND ROGER. JONNA HAS BEEN THE TREASURER OF PUSC'S BOARD OF DIRECTORS SINCE 2012.THE PURCHASE OF THIS REAL PROPERTY PROVIDES A PERMANENT SITE FOR THE ADMINISTRATION OF THE PROGRAMS FOR WHICH PUSC WAS ESTABLISHED. IT FURTHER PROVIDES INDOOR FACILITIES FOR YEAR-ROUND DEVELOPMENT AND TRAINING OF COMPETITIVE SOCCER TO THE YOUTH OF PLACER COUNTY IN CALIFORNIA.THE SPECIFIC NATURE OF THE TRANSACTION IS IN THE FORM OF A 14 YEAR MORTGAGE CONTRACT BETWEEN PUSC AND FLASHPOINT PROPERTIES. THE ORIGINAL NOTE BALANCE OF $1,105,000 IS COMPRISED OF THE FOLLOWING: $1,020,000 PURCHASE PRICE OF PROPERTY; $15,000 CLOSING COSTS; AND $70,000 PAID TO GREGG THOMPSON AS A SEVERANCE PAYMENT FOR SERVICES PREVIOUSLY PROVIDED TO PUSC. GREGG THOMPSON IS THE HUSBAND OF NELLE THOMPSON. THE INTEREST RATE IS 8.4% AND MONTHLY PAYMENTS, INCLUDING INTEREST AND PRINCIPAL, TOTAL $7,875. DURING 2014, $93,492 IN INTEREST WAS PAID TO FLASHPOINT PROPERTIES, LLC. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION DOES HAVE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ORGANIZATION HAVE VOTING RIGHTS TO ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS MUST BE APPROVED BY MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD OF DIRECTORS INCLUDE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED BY ALL BOARD MEMBERS ELECTRONICALLY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 NO COMPENSATION IS PAID TO OFFICERS OR BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.