2019-11-07T13:41:50-06:00 2018-12-31 200545687 LAWRENCE R MITCHELL & COMPANY CPAS 880 APOLLO STREET SUITE 140 EL SEGUNDO CA 90245 990 2018-01-01 475060072 SOUTH BAY SPORTS HEALTH & RECREATION SOUT 3106401520 2041 ROSECRANS AVE NO 200 EL SEGUNDO CA 90245 RICHARD LUNDQUIST BOARD CHAIR 3106401520 2019-11-06 1 LAWRENCE MITCHELL CPA P00164733 3105631010 2019-11-06 75.32.189.244 2019-11-06 13:29:24 PS P D0B486B53E43FD93A36EF5993056CEDF25E437B4 D0B486B53E43FD93A36EF5993056CEDF25E437B4 2018 2020-03-31 21:24:44Z RICHARD LUNDQUIST 2041 ROSECRANS AVENUE EL SEGUNDO CA 90245 63725 0 X SBSHR.ORG X 2015 CA SOUTH BAY SPORTS, HEALTH $ RECREATION (SBSHR)IS DEDICATED TO RAISING FUNDS FOR LOCAL COMMUNITY PROJECTS THAT DEAL WITH SPORTS, HEALTH, AND RECREATION. 5 5 0 0 0 0 1701735 63723 0 0 46 2 0 0 1701781 63725 4504669 240461 0 0 0 0 0 0 48088 125249 139217 4629918 379678 -2928137 -315953 2196196 1461598 3216465 2797820 -1020269 -1336222 X SOUTH BAY SPORTS, HEALTH & RECREATION (SBSHR)IS DEDICATED TO RAISING FUNDS FOR LOCAL COMMUNITY PROJECTS THAT DEAL WITH SPORTS, HEALTH, AND RECREATION. THESE PROJECTS MAY INCLUDE CREATING NEW, RENOVATING, AND/OR ENHANCING FACILITIES WHICH WILL PROMOTE AND CULTIVATE IMPROVED HEALTH AND PROVIDE AND/OR UPGRADE MUCH-NEEDED SPORTS AND RECREATION VENUES TO THE COMMUNITY. 0 0 240461 240461 SOUTH BAY SPORTS, HEALTH & RECREATION MADE A GRANT TOWARDS THE CONSTRUCTION OF A STATE-OF-THE-ART AQUATICS COMPLEX CONSISTING OF TWO POOLS. THE MAIN POOL IS A 53.2 METER, 10-LANE COMPETITION POOL AND A SECOND POOL IS A 25-YARD, 4-LANE TEACHING/FITNESS POOL. THIS FACILITY IS LOCATED WITHIN THE CITY OF EL SEGUNDO AND WILL BE HOME TO BOTH WISEBURN AND EL SEGUNDO HIGH SCHOOLS, AS WELL AS PROVIDE SWIMMING PROGRAMS FOR BOTH ADULTS AND CHILDREN THROUGHOUT THE COMMUNITY. 240461 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 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 3 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 1 1 1 1 0 CA X LAWRENCE R MITCHELL 3105631010 880 APOLLO ST 140 EL SEGUNDO CA 90245 X RICHARD C LUNDQUIST BOARD CHAIR 2.00 X X 0 0 0 LAWRENCE R MITCHEL TREASURER/CHIEF FINANCIAL 2.00 X X 0 0 0 SHERRY KRAMER SECRETARY 2.00 X X 0 0 0 KEVIN WALTON BOARD MEMBER 1.00 X 0 0 0 EDGAR LEE DAVIS BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 63723 63723 2 2 63725 0 0 2 240461 240461 8050 8050 24000 24000 81355 81355 1250 1250 FUNDRAISING EXPENSES 23386 23386 PRINTING AND REPRODUCTI 702 702 BANK AND MERCHANT FEES 324 324 TAX AND LICENSE 150 150 379678 240461 91129 48088 376552 399452 2144 2146 1817500 1060000 2196196 1461598 3216465 2797820 3216465 2797820 X -1020269 -1336222 -1020269 -1336222 2196196 1461598 -315953 0 X X 0 0 1 0 X 1943210 1701735 63723 3708668 1943210 1701735 63723 3708668 2912383 796285 46 2 48 3708716 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 WISEBURN UNIFIED SCHOOL DISTRICT 300 DULEY ROAD EL SEGUNDO CA 90245 956003537 240461 PLANNING, DESIGN FEES, MATERIALS AND SUPPLIES CONSTRUCTION OF STATE-OF-THE-ART AQUATICS COMPLEX PROJECT WHICH INCLUDES DESIGN, PLANNING, DEVELOPMENT, INSPECTION, POOL MATERIALS, AND ADMINISTRATION OF THE PROJECT. 1 RICHARD LUNDQUIST CEO OF CONTINENTAL DEVELOPMENT CORPORATION WHICH ISSUED THE LOAN TO FACILITATE THE ORGANIZATION'S CASH FLOW FOR ISSUING GRANTS X 3150000 2797820 0 1 1 2797820 LAWRENCE R MITCHELL COMPANY CPA ACCOUNTANT 8050 ACCOUNTING FEES 0 RICHARD LUNDQUIST CEO OF CONTINENTAL DEVELOPMENT CORPORATION 2650000 LONG TERM NOTE PAYABLE 0 RICHARD LUNDQUIST CEO OF CONTINENTAL DEVELOPMENT CORPORATION 147820 ACCRUED INTEREST PAYABLE ON LONG TERM NOTE PAYABLE 0 FORM 990, PART VI, SECTION A, LINE 2 SHERRY KRAMER, THE SECRETARY OF THE ORGANIZATION, IS AN EMPLOYEE OF RICHARD LUNDQUIST, WHO IS THE BOARD CHAIR. LAWRENCE MITCHELL, THE TREASURER OF THE ORGANIZATION, IS A TENANT OF CONTINENTAL DEVELOPMENT OF WHICH RICHARD LUNDQUIST WHO IS THE BOARD CHAIR, IS A SHAREHOLDER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE MEMBERS OF THE BOARD. A FINAL COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY BY THE ORGANIZATION THROUGH QUESTIONNAIRES THAT ARE ADMINISTERED TO ALL BOARD MEMBERS. ANY CONFLICTS THAT MAY EXIST ARE REQUIRED TO BE DISCLOSED TO THE ORGANIZATION. THE BOARD CHAIR AND BOARD SECRETARY ARE RESPONSIBLE FOR MONITORING THE COMPLIANCE OF THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF ALL STAFF IS REVIEWED BY THE ENTIRE GOVERNING BODY AS PART OF THE BUDGET REVIEW AND APPROVAL PROCESS. THE COMPENSATION FOR MANAGEMENT IS DETERMINED THROUGH A COMPARISON OF SALARIES BASED ON THE CENTER FOR NONPROFIT MANAGEMENT'S COMPENSATION SURVEY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGES WERE MADE TO THE OVERSIGHT PROCESS DURING THE TAX YEAR.