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CR 98-13 Gambling License Renewal App for the Hopkins Elks Lodge 2221January 15, 1998 Council Report 98 -013 Staff recommends approval of the following motion: Move to adopt Resolution 98- 04, approving the gambling license premises permit for the Hopkins Elks Lodge 2221. Adoption of this resolution will allow the Hopkins Elks Lodge to continue operating lawful gambling in the City of Hopkins. Overview The Hopkins Elks Lodge has submitted an application for renewal of their premises permit. The State of Minnesota issues the permit with approval from the City of Hopkins. The premise to be permitted is owned by the Elks and is located at 30 — 8 Avenue South. Although the permit that is being requested is a Class A permit, no bingo is conducted on the premises at this time. Primary Issues to Consider • Does the Hopkins Elks Lodge 2221 meet the criteria of the Hopkins Legislative Policy 4 -A, Lawful Gambling? Yes • Has the organization conducted its operations according to State Statue and Local Municipal Ordinances? Yes Supporting Documents ■ #it4 A Ob- rmaier, City Clerk GAMBLING LICENSE RENEWAL APPLICATION FOR THE HOPKINS ELKS LODGE 2221 • Resolution 98 -04 • Legislative Policy 4 -A, Lawful Gambling • Financial Statement and Independent Auditor's Report, Years ending March 31, 1997 and 1996 • Schedule of Lawful Purpose Expenditures showing all charitable contributions • PremiA Permit application is available in the City Clerk's Office CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 98 -04 RESOLUTION APPROVING THE GAMBLING LICENSE PREMISES PERMIT FOR THE HOPKINS ELKS LODGE 2221 WHEREAS, the Hopkins Elks have been and integral part of the Hopkins Community and; WHEREAS, the Hopkins Elks have applied for a gambling license to conduct lawful gambling in 1998 and 1999 and; WHEREAS, the Hopkins Elks have conducted gambling activities in accordance with state law and Hopkins city policy, NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby approves the Hopkins Elks Premises Permit Renewal application. Adopted by the City Council of the City of Hopkins this 20th day of, January, 1998. ATTEST: Terry Obermaier, City Clerk By Charles D. Redepenning, Mayor 1. PURPOSE 2. REGULATIONS POLICY 4 -A LAWFUL GAMBLING 1.01 The purpose of this policy is to establish rules and procedures for lawful gambling in the City of Hopkins. 2.01 Except as otherwise enumerated herein, the provisions of Minnesota Statute Chapter 349 relating to the definition of terms, licensing and restrictions of gambling are adopted and made a part of the statement of policy promulgated by the City of Hopkins as if set out in full 2.02 An applicant for a license shall be a registered Minnesota nonprofit corporation or an organization which is designated as exempt from the payment of income taxes by, the Internal Revenue Code and whose principal location or office is within the City of Hopkins. 2.03 The organization defined in Section 2.02 must be engaged in its activities for the benefit of the community within the City of Hopkins for at least five years on a perpetual, continuous, uninterrupted basis and have at least 30 active voting members. 2.04 Gambling allowed by the city shall be carried on only within premises owned, occupied or leased by the organization except such activities permissible under M.S. 349.166. 2.05 No application for a premises permit will be approved for any organization to conduct gambling on any premises other than the premises of an on -sale liquor licensee or the premises of a fraternal, veterans or other non - profit organization. In order for a fraternal, veterans, or other non - profit organization to conduct gambling on their premises, such premises must have been continuously owned and occupied for a period of at least five years. No application for premises permit shall be approved for any organization for a site established for the primary purpose of conducting gambling. This section shall not apply to any organization which is exempt from the requirement for a gambling license according to M.S. 349.166. 2.06 A Class A license will only be approved for an organization that is licensed pursuant to Minnesota Statute, section 349.16, and that conducts gambling on premises that it owns and operates. 2.07 More than one organization, as defined in Section 2.02, may conduct gambling within a single owned, occupied or leased premise. More than one organization may jointly conduct a lawful gambling game at one location. However, two or more organizations shall not separately conduct the same game at the same time at one location. Legislative Policy Manual -- Chapter 4 -A 1 2.08 The operation of gambling devices and the conduct of bingo and raffles licensed or approved pursuant to the authority granted to the City of Hopkins shall be carried on under the supervision of a gambling manager designated by the organization. The gambling manager shall be responsible for the operation of the gambling activity and the receipts and profits generated from the operation. 2.09 The gambling manager shall be an active member of the organization issued the license and shall qualify under state law. 2.10 Organizations seeking approval for a premises permit, that are not currently conducting gambling in the City, must provide the City, in addition to the application forms, a copy of the minutes of a general membership meeting, where a quorum was present, wherein the organization approved a motion authorizing the gambling activities. 2.11 Participants in raffles, paddlewheels, pull tabs and tip boards shall be restricted to individuals who have attained the legal drinking age. This restriction only applies to premises where liquor, wine, beer or 3.2 beer is served. Where intoxicating beverages are not served the age shall be eighteen. 2.12 Organizations wishing to renew a gambling license must provide the City with a financial audit of its lawful gambling activities and funds for the previous two years. The audit(s) must be performed by an independent accountant licensed by the state of Minnesota. 2.13 In addition, such organizations must provide the City with information on all expenditures of lawful gambling funds during the previous two years. Such information must include at a minimum the name of the recipient, the amount of the expenditure or contribution, and a brief description of how the expenditure or contribution meets the definition of "lawful purposes" as defined in M.S. 349.12. The City reserves the right to require additional documentation from licensed organizations, or organizations seeking licenses, as it deems necessary. 2.14 A fee of $100.00 shall be charged to all organizations submitting a Premises Permit Application or Applications for approval by the City. Established 11/19/85 by Resolution 85 -3218 Revised 4/19/94 Revised 12/16/97 City of Hopkins Legislative Policy Manual -- Chapter 4 -A 2 GMA v4.58 SCHEDULE C/D - LG1O10 LG1010C /D 5:29 PM Lawful Purpose Expenditures 01/05/98 GENERAL INFORMATION 1. Organization Name: Hopkins Elks License No: 800365 2. Classified 501(c)(3)? Yes 5. If this Schedule 0/0 part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures Membership For Code Approval Date of Check A -7 Only Date Check Number Check Made Out To TRCA A -Code Male Female 12/09/95 01/04/96 12/09/95 01/06)96 12/09/95 01/08/96 12/09/95 01/23/96 12/09/95 01/23/96 12/09/95 01/25/96 12/09/95 01/25/96 * ** NONE * ** 2760 Champion Sports 2761 Special Olypics 2764 Hopkins Youth Baseball 2772 Bloomington Jewery 2771 Rory iamansky . 51, 4I Qent r - ( /'fa" 2774 Jodi Lebow C4i( 5c4.djaKj.40 2773 Matt Nelson 9. Total Schedule C Lawful Purpose Expenditures 2685.50 10. 2% tax credit /refund from line 8 of form G-7430 0.00 11. Subtract line 10 from line 9 2685.50 (Enter on line 41 of Monthly Summary & Tax Return G-1.) 12. SCHEDULE D: Board- Approved Expenditures 3. Month and Year: January 1996 4. Page 01 of 01 pages 6. Is this an amended 7. If no schedule C/D expenditures Schedule C /0? No were made circle: n/a 1' 25 -R -7 25-A -7 25 -A -7 25 -A-7 25-A-5 25 -A-5 25 -A -5 13. Total Schedule 0 Board-Approved Expenditures 0.00 (Enter on line 42 of Monthly Summary & Tax Return 0 -1.) Amount 148.50 350.00 1000.00 87.00 100.00 500.00 500.00 Membership For Code Board Approval Date of Check 83 -A7 ONLY Approval Date Check Number Check Made Out To TRCA 8 Code Male Female Amount Date 14. SIGNATURES: I declare that this Schedule C/D is correct and complete to the best of my knowledge and belief. Chief Executive Officer: Date: _J / Gambling Manager: Date: __J Mail to: Gambling Control Board, Suite 300 South, 1711 West County Road B, Roseville, MN 55113 :-! 5 .Ef0111 - SCHEDdC • .; AM 11Pf): Morpose Esposiffatos 03/09/96 ■.1%":21*!' ::!' Lip -in Hint:at:on Aht»: Mot!. awl Year Page 1 of1ias 52:As Fobraary 1916 1 of 1 Lavfni Date ek2ck Monbor Ch.fck No 6hh T) Arm! of Check 1 . 3 3Fe Prief Expendikup Description Approved )2/13116 ' 2780 Robert McLeod 1 2E-A-5 SthdoaL Cr Month Scholarshipv 01/22/96 EH I 1,1)c unlit ins hoe 14 Of your forn 0-1,.. 3362.09 100.00 SubTotal -- This Page 0.00 SuilJtal Aay Previous Pages 100.10 TAal -- To Tax Retura or Next Schedule C Page GMA v4.58 SCHEDULE C/D - LG1010 LG1010C /D 4:35 PM Lawful Purpose Expenditures 01/05/98 GENERAL INFORMATION 1. Organization Name: Hopkins Elks 2. Classified 501(c)(3)? Yes 3. Month and Year: April 1996 5. If this Schedule C/D part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures 03/25/96 04/05/96 03/25/96 04/05/96 03/25/96 04/05/96 03/25/96 04/05/96 03/25/96 04/23/96 03/25/96 04/29(96 03/25/96 04/29/96 03/25/96 04/30/96 12. SCHEDULE D: Board-Approved Expenditures Gambling Manager: License No: 800365 4. Page 01 of 01 pages 6. Is this an amended 7. If no schedule C/D expenditures Schedule C /D? No were made circle: n/a Membership For Code Approval Date of Check A -7 Only Date Check Number Check Made Out To TRCA A -Code Male Female, 2792 Greg Larson & Assoc 2793 Katherine Curren Carnival 2794 Dan Shariro le °f hio 2795 Debra Maisel $ /e4t `` r /' 2799 Hopkins Youth Baseball 2804 Minn Elks Association 2805 Minn Elks Youth Camp 2806 Glen Lake Carnival 25 - A-5 25 -4 -7 25-4 -5 25 -A -5 25 -4 -7 25 -4 -7 25 -A -7 25 -A -7 • Mail to: Gambling Control Board, Suite 300 South, 1711 'Hest County Road B, Roseville, MN 55113 Amount 43.48 50.00 100.00 100.00 1000.00 3190.00 695.00 50.00 9. Total Schedule C Lawful Purpose Expenditures 5228.48 10. 2% tax credit /refund from line 8 of form G-7430 0.00 11. Subtract line 10 from line 9 5228.48 (Enter on line 41 of Monthly Summary & Tax Return G-1.) Membership For Code Board Approval Date of Check B3 -A7 ONLY Approval Date Check Number Check Made Out To TRCA B Code Male Female Amount Date fit NONE t ;t 13. Total Schedule D Board- Approved Expenditures 0,00 (Enter on line 42 of Monthly Summary & Tax Return G -1.) 14. SIGNATURES: I declare that this Schedule C/0 is correct and complete to the best of my knowledge and belief. Chief Executive Officer: Date: _ ____/_ Date: J / 1RA v4.S5 6:51 PR Organization License: 800365 Pill in the amount from line 14 of yonr tor; 0 -I... $1,857.04 SCREOdC G-1 SCHEDULE C 06/19/96 Lawful Purpose Expenditures WW1 and Tear Page Organization Hale: Hopkins Elks Ray 1996 l of 1 Lawful Date Date of Check Check Number Check Katie Out To Amount of Check Purpose 8[ief Expenditure Oescriplion Approve 05111196 2809 Henn. County Tres. 6941.66 25 -5 -9 First Halt Property Tat 04122196 05/22/96 2811 How Sports 260.00 25-5 -1 Bikes For School Patrol 04122/96 06171196 2814 Robin flern 100.00 25-1-5 Student Of Month Schorship ' 04122/96 1701.66 Subtotal -- This Page 0.00 Subtotal -- Any Previous Pages 7301.66 Total -- To Tat Return or Heat Schedule C Page 19125196 2842 Kelly N. Naeurko 09125196 2842 Garth harried Fill in the aunt fro!' line 14 of your fore 0 -1... 51,524.07 SCIIEU4C A 94.56 G -1 SCIIEDU1i C 10114/96 16 PN Lawful Purpose Expenditures Mouth and Year Page rganisatton License: Organisation Mane: 1 of 1 1400'.165 Hopkins Elks Septeober 1990 Lawful Date ate of Check Check Huber Check Na4e Out To Auonnt of Check Purpose Orief Expenditure DescstpLlon Ap4rove 500.00 25 -A -5 Scholarship 09109/96 10011.00 25 -A -5 Scholarship 09/09196 1500.00 Subtotal -- This Page 0.00 Subtotal -- hny Previous Pages 1500.00 Total -- To Tax Return or Red Schedule C Page. ENA i4.S6 G -1 SCHECULE C SCHEDdG 1:47 PM Organization License: 800365 Lavfai Purpose Erpendicnres fl/l7 /96 Organization Mane: Mouth and Tear Page Hopkins Elks October 1996 1 of 1 Date of Check Lavfal Date Check limber Check Made Oat To Aunt of Check Purpose Brief Expenditure Description *proud 10/14/96 2841 Henn County Treasure 6990.66 25-A -9 Property Tat 1/2 Half 09/23/96 10/22/96 2852 Theresa A. Schatz 500.00 25 -4 -5 Scholarship 09/23/96 10/24/96 2854 Melanie Kelly 100.00 25 4-5 Student Of bath Scholarship 09/23/96 10/28/96 2855 Sandra 9eishns 500.00 25 -A -S Scholarship 09/23/96 8090.66 Subtotal -- This Page 0.00 Edictal — Any Prelim Pages 8090.66 total -- to Tar 8etarn or 8ett.Schedule C Page Fill in the asooat frog lice 14 of your fora C -1... $1.493.31 ;MA v4.56 11-1 SCHEDULE C 7: 28 PM Lawful Purpose Expenditures Fill is the asouat free line 14 of your fors G -L.. 11,469.12 410.00 Subtotal -- This Page 0.00 Subtotal -- Any Previous Pages 410.00 Total -- To Tax Return or Rext Schedule C Page SCRIM 12/09/96 ersaaitatioa License: Organization Male: • Month and Year Page 800365 Hopkins Elks Raeder 1996 1 of 1 Ste of Check Lawful Date Check Busher Check Made Out To Aaount of Check Purpose Brief Expenditure Description Approved 11/02/96 2858 Elks Rational Foundation 240.00 25 -A -5 Rational Scholarships 10/27/96 11/21/96 2861 9aaie Malikowski 100.00 25 -A -5 Student Of Routh Scholarship 10/27/96 11/26/96 2866 Elks Rational Scholarship 70.00 25 -A -5 Rational Schoiarships 10/27/96 GHA v4,56 G-I SCHEDULE C SCHEDdC 1:17 PH Lawful Purpose Expenditures 01/15/91 Organization License: Organization Name: Honth and Year Page 800365 Hopkins Elks December 1996 1 of 1 Date of Check Lawful Date Check Number Check Hade Out To Amount of Check Purpose Brief Expenditure Description Approved 12/08/96 2868 Nelson & Associates 774.00 25 -A -12 One Half Annual Audit 12/02/96 12/19/96 2871 Viking Council -Boy Scouts 500.00 25 -A -7 Donation 12/02/96 12/19/96 2872 Pam Tsai 100.00 25 -A -5 Student Of Honth Scholarship 12/02/96 Fill in the amount from line 14 of your for G -1... 41.568.72 1374.00 Subtotal -- This Page 0.00 Subtotal -- Any Previous Pages 1374.00 Total -- To Tax Return or Next Schedule C Page OA v4.56 G-1 SCHEDULE C • SCHEOdC 2:54 PN Lawful Purpose Expenditures 02/15/97 •anisation License: Organisation Name: Month and Year Page 800365 Hopkins Elks January 1997 1 of 1 Date of Check Lawful Date Check Number Check Made Out To Amount of Check Purpose Brief Expenditure Description Approved 01/08/97 2878 Thirty Bakery 24.56 25 -A -7 Cookies For Hoop Shot Childeren 12/09/96 1 01/10/97 2881 Minn. Throphies 64.22 25 -A -7 Trophies For Hoop Shot Childeren 12/09/96 01/13/97 2882 Efnm. Special Olympics 300.00 25 -A -7 Donation 12/09/96 01/13/97 2883 Juvenile Diabetic Foundation 100.00 25 -11-1 Donation 12/09/96 01/17/97 2887 Lauren Dockin 100.00 25 -4-5 Student Of Month Scholarship 12/09/96 01/27/97 2887 Minn Elks Youth Camp 650.00 25 -A -7 Youth Camp Equipment 12/09/96 5 1/97 2892 Elks Natioal Foundation 120.00 25 -A -5 National Scholarships 12/09/96 1358.78 Subtotal -- This Page 0.00 Subtotal -- Any Previous Pages 1358.72 Total -- To Tax Return or Next Schedule C Page Fill in the amount from line 14 of your form G -1... .11,812.46 -r GNA v4,57 SCHEDULE C/D - LG10I0 LGIOIOC /D 12:58 PH Lawful Purpose Expenditures 03/17/97 GENERAL INFORMATION 1. Organisation Name: Hopkins Elks License Ho: B00365 2. Classified 501(c((3(? Yes 3. Month and Year: February 1997 4. Page 01 of 01 pages 5. If this Schedule C/D part 6. Is this an amended 7. If no schedule C/D expenditures of your termination plan? ]lo Schedule C /D? No were made circle: n/a 8. SCHEDULE C: Lawful Purpose Expenditures Membership For Code Approval Date of Check A -7 Only Date Check Number Check Made Out To TRCA A -Code Hale Female 01/20/97 02/17/97 01/20/97 02/20/97 2898 Arthur Kanter .s{v 1 ` 4144 9. Total Schedule C Lawful Purpose Expenditures 150.00 10. 2% tax credit /refund from line 8 of for G -7430 1117.00 11. Subtract line 10 from line 9 - 967.00 (Enter on line 41 of Monthly Summary & Tax Return G -1.( 12. SCHEDULE D: Board - Approved Expenditures Membership For Code Board Approval Date of Check 113 47 ONLY Approval Date Check Number Check Made Out To TRCA B Code Kale Female Amount Date ** NONE *$* 2896 Hopkins High School Graduation Party 25 -A -1 13. Total Schedule D.Board-Approved Expenditures 0.00 (Enter on line 42 of Monthly Summary & Tax Return G -1.( 14. SIGNATURES: I declare that this Sched le C/D iscorrd complete to the best of ay knowledge and belief. Date: 3 /. /7 / ?7 Gambling Manager: Date: _? /7.2 / 477 Chief Executive Officer: 25 -A -5 Nail to: Gambling Control Board, Suite 300 South, 1711 Nest County Road 8, Roseville, HN 55113 Amount 50.00 100.00 GMA v4.58 SCHEDULE CID - LG1010 LG1010C /0 0 5:26 PM Lawful Purpose Expenditures 01/05/98 GENERAL INFORMATION 1. Organization Name: Hopkins Elks 2. Classified 501(c)(3)? Yes 3. Month and Year: March 1997 5. If this Schedule C/D part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures License No: 800365 4. Page 01 of 01 pages 6, Is this an amended 7. If no schedule C/D expenditures Schedule C /D? No were made circle: n/a Membership For Coda ' Approval Date of Check A -7 Only Date Check Number Check Made Out To TRCA A-Code Male Female Amount 03/10/97 03/20/97 2905 Sill Wade acid- of' ' '.4k 25 -A-5 100.00 03/10/97 03/22/97 2906 Babe Ruth Baseball 25-A-1 350.00 03/10/97 03/22(97 2907 Elks National Foundation 25-A -1 120.00 Scholarships 9. Total Schedule C Lawful Purpose Expenditures 570.00 10. 2% tax credit /refund from line 8 of form G -7430 0.00 11, Subtract line 10 from line 9 570,00 (Enter on line 41 of Monthly Summary & Tax Return G -1.) 12. SCHEDULE D: Board- Approved Expenditures Membership For Code Board Approval Date of Check 83 -A7 ONLY Approval Date Check Number Check Made Out To TRCA B Code Male Female Amount Date xa* NONE z ** 13, Total Schedule D Board-Approved Expenditures 0.00 (Enter on line 42 of Monthly Summary & Tax Return G -1.) 14. SIGNATURES: I declare that this Schedule C/D is correct and complete to the best oP my knowledge and belief. Chief Executive Officer: _ __ _______ _ Date: _ / ______/__ Gambling Manager: Date: ___J_ J Mail to: Gambling Control Board, Suite 300 South, 1711 West County Road 8, Roseville, MN 55113 CNA v4,57 5:22 IX GENERAL INFORMATION 1. Organisation Name: Hopkins Elks 2. Classified 501(c((31? Yes 5. If this Schedule C/9 part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures Membership Approval Date of Check Date Check Number Check Dade Out To 03/24/97 04/13/97 03/24/97 04/17/97 03/24/97 04/28/97 • rat NONE tit SCHEDULE C/D - LC1010 Lawful Purpose Expenditures 3. Konth aad Year: April 1997 6. Is this an amended Schedule C /D? No 2911 Katherine Curren Stem School 2915 Tiffany Fahnhorst S1t.. {, 25 -A -5 2916 Kinn Elks Youth Camp 12. SCHEDULE 0: Board - Approved Expenditures For Code A-7 Only TRCA A -Code Dale Female Membership For Code Approval Date of Check 83 -A7 ONLY Date Check Number Check Made Out To TRCA B Code Kale Female 13. Total Schedule 0 Board-Approved Expenditures 0.00 (Enter on line 42 of Konthly Summary & Tax Return G-1.1 L01010C /D 05/19/97 License No: 1100365 4. Page 01 of 01 pages 7. If no schedule C/0 expenditures were node circle: a/a Amount 25 -A -1 50.00 100.00 25 -A -1 704,00 9. Total Schedule C Lawful Purpose Expenditures 854.00 10. 2% tax credit /refund from line 8 of form 0 -7430 0.00 11. Subtract line 10 from line 9 854.00 (Enter on line 41 of Ronthly Summary A Tat Return G-1.1 Board Approval Amount Date 14. SIGNATURES: I declare that this Schedule C/D is correct and complete to the best of ay knowledge and belief. Chief Execative Otficer: Date: / / Gambling Manager: _ Date: v Nail to: Canbling Control Board, Suite 300 Sonth, 1711 West County Road 8, Roseville, MN 55113 RNA v4,57 SCHEDULE C/D - L01010 11:37 AN Lawful Purpose Expenditures 11 111INERAL INFORMATION 1. Organization Name: Hopkins Elks 2, Classified 501(c)(3)? Yes 5. If this Schedule C/D part of your termination plan? Ho 8, SCHEDULE C: Lawful Purpose Expenditures Membership Approval Date of Check Date Check Number Check Made Out To 04/28/97 05/03/97 04/28/97 05/03/97 04128/97 05/0907 04128/97 05/17/97 04/28/97 05/19/97 04/28/97 05/19/97 04/28/97 05/27/97 3, bath and Year: May 1997 6. Is this an amended Schedule C /D? No 2917 Glen Lake School Carnival 2918 Camp Fire Boys & Girls 2919 Hennepin County Treasure 2924 Now Sports 2926 Minn Elks Youth Camp 2927 Hopkins Little League 2928 Baia Peterson SAt, -& 91 For Code A -7 Only TRCA A-Code Male Female 25 -A -7 x x 25 -A -7 x x 25 -A -9 x x 25 -A -7 x z 25 -1 -7 1 x 25 -A -7 25 -A -5 1 9. Total Schedule C Lawful Purpose Expenditures 10806.41 10. 2% tax credit /refund from line 8 of form C -7430 0,00 II. Subtract line 10 from line 9 10806.41 (Eater on line 41 of Moathly hoary & Tax Return 0 -1.1 12, SCHEDULE D: Board - Approved Expenditures Neabership For Code Approval Date of Check B3 -A7 ONLY Date Check Number Check Made Oat To TRCA 8 Code Dale Fesale ota NONE mwi License No: 800365 4. Page 01 of 01 pages 7. If no schedule C/D expenditures sere made circle: n/a 13. Total Schedule D Board - Approved Expenditures 0.00 (Enter on line 42 of Monthly bleary & Tax Return 0 -1.) Lg1010C /D 06/19/97 Amount 50.00 45.00 6467.53 383,88 3410,00 350.00 100.00 Board Approval Amount Date 14. SIGNATURES: l declare that this Schedule C/D is correct and complete to the best of ay knowledge and belief, Chief Executive Officer: Date: / /_ Gambling Manager: Date: Gl /7 Nail to: Gambling Control Board, Suite 300 South, 1711 Rest County Road 8, Roseville, NH 55113 CNA v4.57 SCHEDULE C/D - LG1010 6010100 /D 10:08 AN Lawful Purpose Expenditures 07/15/97 GENERAL INFORMATION 1, Organisation Name: Hopkins Elks 2. Classified 501(c((3(? Yes 5, It this Schedule C/D part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures t1 Membership Approval Date of Check Date Check Humber Check Nade Out To 06/23/97 06/01/97 06/23/97 06/19/97 06/23/97 06/19/97 06/23/97 06/24197 06/23/97 06/30/97 2939 Nicole Kaiser 2943 Teens Alone 12. SCHEDULE 0: Board - Approved Expenditures Chief Executive Officer: Gambling Manager: 3. Month and Year: June 1997 6. Is this an anended Schedule C /D? No 2930 Child's Place Theater 2934 Mina Elks Youth Camp 2936 Minn Elks Youth Camp 9. Total Schedule 0 Lawful Purpose Expenditures 10. 2X tax credit /refund from line 8 of tore 0 -7430 11. Subtract line 10 from line 9 (Enter on line 41 of Monthly Summary A Tax Return 0 -1.3 e SEA-' License No: 800365 4. Page 01 of 01 pages 7. If no schedule C/0 expenditures were made circle: n/a For Code A -7 Only TRCA A -Code Dale Fenale 25 -A -7 x x x 25-A-7 x x 25 -A -7 x x 25 -1-5 x. x 25 -A -7 x x Membership For Code Approval Date of Check 83-A7 ORGY Date Check Rasher Check Dade Oat To TRCA 8 Code Kale Female Nail to: ranbling Control Board, Suite 300 South, 1711 Best County Road B, Roseville, NN 55113 Amount 500.00 1117.00 310.00 500.00 25.00 2452,00 1117.00 1335.00 Board Approval Anoint Date ttt NONE we$ 13. Total Schedule 0 Board - Approved Expenditures 0,00 (Enter on line 42 of Monthly Sunup A Tax Return 0-1.) 14. SIGNATURES: 1 declare that this Schedule C/D is correct and complete to the best of ny knowledge and belief. Date: __/__/ Date: 7 f/4' 1 e7 i4,57 SCHEDULE C/D - L01010 /4 PN Lawful Purpose Expenditures . AL INFORMATION rganixation Name: Hopkins Elks 2. Classified 501(c)(3)? Yes 5. If this Schedule 0/0 part of your tereination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures 6. Is this an amended Schedule C /D? No Xenbership Approval Date of Check Date Check Number Check Made Out To 06/23/97 07/14/97 06/23/97 07/31/97 06/23/97 07/31/97 SCHEDULE D: Board - Approved Expenditures ttt RUNE ttt 3, Konth and Year: duly 1997 2946 Optimist- Friends Of Youth 2953 Elks Veterans Nemorial Building Fund 2954 Fam. Res. Ct,- Rids Back To School For Code A -7 Only TRCA A -Code Kale Female 9. Total Schedule C Lawful Purpose Expenditures 1530.00 10. 2X tax credit /refund Iron line 8 of form 0 -7430 0.00 11. Subtract line 10 tree line 9 1530,00 (Enter on line 41 of Monthly Summary & Tax Return 0 -1.) Membership For Code Approval Date of Check B3-A7 ONLY Date Check Number Check Made Out To TRCA B Code Bale Fesale 13. Total Schedule 0 Board - Approved Expenditures 0.00 (Enter on line 42 of Monthly Summary 1 Tax Return G -1.) 14. SIGNATURES: 1 declare that th' chedule C/ is correct and complete to the best of ny knowledge and belief. Chief Executive Officer: — 4' Gambling Manager: %� -i Date: g' /19 —9 l 97 1( ""-""a Date: .�lql License Ho: 800365 4. Page 01 of 01 pages 7. It no schedule C/0 expenditures were made circle: n/a 25 -A -7 25 -A -1 x 25 - - x x Mail to: Gambling Control Board, Suite 300 South, 1711 Rest County Road 8, Roseville, MN 55113 L01010C /D 08/18/97 Amount 100.00 1330.00 100.00 Board Approval Amount Date GHA v4.58 1:16 PH GENERAL INFORNA[ION 1. Organization (lame: Hopkins Elks license go: 800365 2. Classified 501(c)(3)? Yes 5, If this Schedule C/0 part of your termination plan? No 8, SCHEDULE C: lawful Purpose Expenditures Membership For Code Approval Date of Check A-7 Only Date Check Number Check Made Out lo [RCA A-Code Hale Female 01/28/97 08/25/91 2962 Corin Nelson Univ -fll- Norris 9. total Schedule C Lawful Purpose Expenditures 500.00 10. 28 tax credit /refund from line 8 of form G-7430 0.00 11. Subtract line 10 from line 9 500.00 (Enter on line 41 of Monthly Summary & lax Return G -1.) 12. SCHEDULE 0: Board-Approved Expenditures femhership For Code Board Approval Date of Check 83-A1 ONLY Approval Date Check Humber Check Made Out to IRCA 8 Code Male Female Amount Date tit NONE 444 13. Total Schedule 0 Board - Approved Expenditures 0.00 (Enter on line 42 of Monthly Summary & lax Return G -I.) 14. SIGNATURES: I declare I hedule C s correct and complete to the best of my knowledge and belief. Chief Executive Officer: , 6 c; . : T Gambling Hanager: SCHEDULE C/O - 101010 lawful Purpose Expenditures 3. Month and Year: August 1997 4. Page 01 of 01 pages 6. Is this an amended 7. if no schedule C/0 expenditures Schedule C /0? No were made circle: Oa Nail to: Gambling Control Board, Suite 300 South, 1111 Nest County Road 0, Roseville, HA 55113 161010c1D 09/ Avant 25 A-5 500.00 Date: i /ZSi CZ Date: ! /o Q2 _ • 4.58 SCHEDULE C/0 - L01010 LG1010C /D ,9 PM Lawful Purpose Expenditures 10/10/97 *RAI INFORMATION 1. Organization Name: Hopkins Elks 2. Classified 501(c)(3)? Yes 5. If this Schedule C/D part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures Membership For Code Approval Date of Check A -7 Only Date Check Number Check Made Out To 1RCA A-Code Male Female 08/25/97 09/05/97 08/28/97 09/05/97 08/25/97 09/22/97 # ** NONE * ** Chief Executive Officer: Gambling Manager: 3. Month and Year: September 1997 6. Is this an amended 7. If no schedule C/D expenditures Schedule C /D? No were made circle: n/a 2965 Hopkins Center Arts 2964 B. Crowley/St-Cloud 51.0 2972 N. Golan 8 Carleton Coll 12. SCHEDULE D: Board-Approved Expenditures License Ho: 800365 4. Page 01 of 01 pages A 7 A-5 A-5 9. Total Schedule C Lawful Purpose Expenditures 1250.00 10. 2% tax credit /refund from line 8 of form G -7430 0.00 11. Subtract line 10 from line 9 1250.00 (Enter on line 41 of Monthly Summary 8 Tax Return G -1.) Membership For Code Board Approval Date of Check 83 -A7 ONLY Approval Date Check Number Check Made Out To TRCA B Code Male Female Amount Date 13. Total Schedule D Board- Approved Expenditures 0.00 (Enter on line 42 of Monthly Summary & Tax Return G-1.) Mail to: Gambling Control Board, Suite 300 South, 1111 West County Road B, Roseville, MN 55113 Amount 250.00 500.00 500.00 14. SIGNATURES: I declare that this Schedule CO is correct and complete to the best of my knowledge and belief. Date: J _J Date:A..._J2.1J17 GMA v4.58 SCHEDULE CID - LG1010 LG1OIOC /0 8:05 PM Lawful Purpose Expenditures 11/11/97 GENERAL INFORMATION 1. Organization Name: Hopkins Elks License No: 800365 2. Classified 501(c)(3)? Yes 5. If this Schedule C/D part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures 09/22/97 10/03(97 2974 C.densen -Lewis & Clark College 09/22/91 10/13/97 2978 Henn.Co.Treas, 09/22/97 10/22/97 2984 Robyn 8adiner S41..14 j I1ti, Gambling Manager: 3. Month and Year: October 1997 4. Page 01 of 01 pages 6. Is this an amended 7. If no schedule C/D expenditures Schedule C /D? No were made circle: n/a Membership For Code Approval Date of Check A -7 Only Date Check Number Check Made Out To IRCA A-Code Male Female A-5 A-9 A -5 Chief Executive Officer: 9. Total Schedule C Lawful Puipuse Expenditures 7067.53 10, 25 tax credit /refund from line 8 of form G -7430 0.00 11. Subtract line 10 from line 9 7067.53 (Enter on line 41 of Monthly Summary & Tax Return G-1.) 12. SCHEDULE D: Board-Approved Expenditures Membership For Code Board Approval Date of Check 83 -A1 ONLY Approval Date Check Number Check Made Out To TRCA B Code Male Female Amount Date * ** NONE * ** 13. Total Schedule D Board - Approved Expenditures 0.00 (Enter an line 42 of Monthly Summary & Tax Return G-1.) 14. SIGNATURES: I declare that this Schedule C/0 is correct and complete to the best of my knowledge and belief. Date: J J Date: /0 ///9/ Mail to: Gambling Control Board, Suite 300 South, 1711 West County Road 0, Roseville, MN 55113 Amount 500.00 6467.53 100.00 Av4.58 SCHEDULE C/D - LG1010 LG1010C /D :19 PM Lawful Purpose Expenditures 12/09/97 GENERAL INFORMATION 1. Organization Name: Hopkins Elks 2. Classified 501(c)(3)? Yes 5. If this Schedule C/0 part of your termination plan? Ho 8. SCHEDULE C: Lawful Purpose Expenditures Membership For Code Approval Date of: Check r , A-7 Only Date Check Number Check Made Out To TRCA A-Cade Male Female 10/27/97 11/18/97 2995 Viet Ly Nguyen 9. Total Schedule C Lawful Purpose Expenditures 10. 2% tax credit /refund from line 8 of form G-7430 11. Subtract line 10 from line 9 (Enter on line 41 of Monthly Summary & Tax Return G-1.) 12. SCHEDULE D: Board-Approved Expenditures • 3. Month and Year: November 1997 6. Is this an amended Schedule C /D? No License Ho: 800365 4. Page 01 of 0t pages 7. If no schedule C/D expenditures were made circle: n/a A-5 Membership For Code Board Approval Date of Check 83-A7 ONLY .;,Approval Date Check Number Check Made Out To TRCA B Code Male Female Amount Date' *** NONE ttt .13. Total Schedule D Board- Approved Expenditures 2 0.007 (Enter on line 42 of Monthly Summary & Tax Return G -1.) ' 14. SIGNATURES: I declare that this S edule d to the best of my knowledge and belief.' Chief Executive Officer; utt 3 — sz-/ Gambling Manager: Date:422j p: :.,J • 7 Mail to: Gambling Control Board, Suite 300 South, 1711 West County Road 8, Roseville, MN 55113 GMA v4.58 SCHEDULE C/D - LG1010 LG101OC /D • 6:31 PM Lawful Purpose Expenditures 01/07/98 GENERAL INFORMATION 1. Organization Name: Hopkins Elks 2. Classified 501(c)(3)? Yes 3. Month and Year: December 1997 5. If this Schedule C/D part of your termination plan? No 8. SCHEDULE C: Lawful Purpose Expenditures 6. Is this an amended Schedule C /D? No Membership For Code Approval Date of Check A-7 Only Date Check Number Check Made Out To TRCA A -Code Male Female 08/25/97 12/04/97 3000 Hopkins Center Arts 11/24/97 12/04/91 2999 Daniel A. Nelson LPA 11/24/97 12/09/97 3005 Ann Eisenberg 11/24/97 12/15/97 3011 Viking Council Boy Scouts 11/24/97 12/26/97 3020 Hopkins High Senior Party 11/24/91 12/26/97 . 3021 MN Council on Comp. Gambling 11/24/91 12/26/97 3022 MN Zoo Foundation 11/24/97 12/26/97 3019 Hopkins - Minnetonka Babe Ruth 9. Total Schedule C Lawful Purpose Expenditures 10. 2% tax credit /refund from line 8 of form G-7430 11. Subtract line 10 from line 9 (Enter on line 41 of Monthly Summary & Tax Return G-1.) 12,. SCHEDULE 0: Board - Approved Expenditures Membership For Code `, Approval Date of Check B3-A7 ONLY Date Check Number Check Made Out To TRCA 8 Code Male Female ttt HOME ttt 13. Total Schedule 0 Board-Approved Expenditures (Enter on line 42 of Monthly Summary & Tax Return G-1.) A -1 A -12 A-5 A-7 A-7 A-1 A-1 A-7 14. SIGNATURES: I declare that this Schedule C/D is correct and complete to the best of my knowledge and belief. Chief Executive Officer: Date; License No: 800365 4. Page 01 of 01 pages 7. If no schedule C/D expenditures were.made circle: n/a Gambling Manager: gi ""__ Date: Mail to; Gambling Control Board, Suite 300 South, 1711 Nest County Road 8, Roseville, MN 55113 Amount 250.00 964.91 300.00 100.00 ,,'500.00 50.00 100 Board of Directors Hopkins Elks Lodge No. 2221 Re: Management letter for Annual Gambling Audit of March 31,1997 Dear Board Members: Daniel A. Nelson Licensed Public Accountant At the conclusion of an audit, it is our customary practice to prepare a detailed summary of findings, continents, reportable conditions and recommendations based upon our audit of the financial statements. This letter is based upon all information made available to us through the last day of fieldwork, March 31, 1997. One function of an audit is to analyze and evaluate the internal accounting and management controls of the entity under audit. A simple definition of internal controls would entail the system of controls in an entity, which provide protection against financial statement misstatement and reduction of the risk of defalcations, theft or diversion of assets of the organization. Whatever the business or profit status of an entity, it is essential that management consider the relevance of good internal controls as they pertain to the organization. The simplest method of maximizing internal controls is to be sure that the same employee handles as few overlapping functions as possible. In small organizations, this often is not possible, given budget limitations for hiring sufficient staff. Our analysis, to the extent possible, reflects our understanding that hiring new employees is not a consideration, which would or could be made at this time. The following are some observations that came to our attention where improvements could be made. Inventory: Invoice #52464, dated 3/25/97, was not included in inventory. Also tiie tipboard ending inventory was off by 18 games. All invoices dated from April 1 through March 31" [oust be included in that fiscal year. Game Reporting: Some games the date removed does not agree with the reported date on B -2. All games must be reported on the B -2's with the date removed. Also, some serial numbers were off, which were due to input errors. Game Deposits: Dates of deposits are generally more than 4 banking days after games are removed from play. All deposits must be made within four banking days after removal from play. General: In general, other than the items mentioned above, we noted no matters involving the internal control structure and its operation that we consider being material weaknesses. Also, we would like to commend the gambling manager for the fine job he is doing. This report is intended solely for the information and uses of the Board of Directors, Members, Management, and others within the organization and the Department of Revenue of the State of Minnesota. Thank you for the opportunity to be of service to the Hopkins Elks Lodge. Daniel A. Nelson Licensed Public Accountant Bloomington, Minnesota October 23, 1997 9361 Penn Avenue South • Bloomington, Minnesota 55431 • (612) 884 -0337 LAWFUL GAMBLING FUND OF HOPKINS ELKS LODGE NO. 2221 LICENSE NUMBER B -00365 MINNESOTA ID NO. 9099423 REGULATORY BASIS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT For the Fiscal Years Ended March 31, 1997 and 1996 DANIEL A NELSON, LPA 9361 Penn Avenue South Bloomington, MN 55431 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 LAWFUL GAMBLING FUND OF HOPKINS ELKS LODGE NO. 2221 (License #13- 00365) TABLE OF CONTENTS Letter requesting 30 day extension to file Independent Auditor's Report 2 Statement of Assets, Liabilities and Profit Carryover - Regulatory Basis March 31, 1997 and 1996 Statement of Revenues, Expenses and Changes in Profit Carry-Over - Regulatory Basis and Supplementary Information For the Years Ended March 31, 1997 and 1996 Notes to Financial Statements 6 & 7 Independent Auditor's Report on Supplementary Information 8 Reconciliation of Games Used - Regulatory Basis For the Years Ended March 31, 1997 and 1996 9 Analysis of Maximum Allowable Expenses as a Percentage of Gross Profit - Regulatory Basis For the Years Ended March 31, 1997 and 1996 PAGE 1 3 4 &5 10 Reconciliation of Profit Carry-Over - Regulatory Basis For the Years Ended March 31, 1997 and 1996 11 Regulatory Checklist Questionaire and Report 12 & 13 4 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 4 i 1 September 26, 1997 Kara Pahl, Revenue Auditor Minnesota Department of Revenue Special Taxes Division Lawful Gambling Tax Unit Mail Station 3350 St. Paul, MN 55146 -3350 Dear Kara, Daniel A. Nelson Licensed Public Accountant RE: HOPKINS ELKS LODGE NO. 2221 License No. B -00365 Annual Gambling Audit Year End 3/31/97 This is a request for additional time to file the Annual Lawful Gambling Audit. The due date for the Audit is 9/30/97. We are asking for a one -month extension ; 10/31/97, Thank you in advance for your consideration to our request. Sincerely, Daniel A. Nelson, LPA DAN:me 9361 Penn Avenue South • Bloomington, Minnesota 55431 • (612) 884 -0337 (1) 1 Daniel A. Nelson Licensed Public Accountant October 23, 1997 INDEPENDENT AUDITOR'S REPORT BOARD OF DIRECTORS HOPKINS ELKS LODGE NO. 2221 Hopkins, Minnesota 1 I have audited the accompanying statement of assets, liabilities and fund balance, regulatory basis of the lawful gambling fund of Hopkins Elks Lodge No 2221 as of March 31, 1997 and 1996, and the related statements of revenues, expenses and changes in profit carry-over, regulatory basis for the years then ended. These financial statements are the responsibility of the Organization's management. My responsibility is to express an opinion on these financial statements based on my audits. I conducted my audits in accordance with generally accepted auditing standards. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the fmancial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. I believe my audits provide a reasonable basis for my opinion. As described in Note 1, these financial statements were also prepared in conformity with the accounting practices prescribed or permitted by the Department of Revenue of the State of Minnesota "regulatory basis," which is a comprehensive basis of accounting other than generally accepted accounting principles. 1 In my opinion, the financial statements referred to above present fairly, in all material respects, the assets, liabilities and fund balance of the Lawful Gambling Fund of Hopkins Elks Lodge No. 2221 as of March 31, 1997 and 1996, and the results of its operations and changes in its profit carry- over for the year then ended, on the basis of accounting as described in Note 1. This report is intended solely for the information and use of the Board of Directors, members and 1 management of the lawful gambling fund of Hopkins Elks Lodge No. 2221 and for filing with the Department of Revenue of the State of Minnesota and should not be used for any other purpose. Respectfully, 1 a dirr, Daniel A. Nelson, Licensed Public Accountant 9361 Penn Avenue South • Bloomington, Minnesota 55431 • (612) 884-0337 (2) 1 1 1 1 1 1 1 CURRENT ASSETS: CASH: Cash on Hand - Site Banks Cash in Bank - Checking Total Cash INVENTORIES Inventory 3,811.46 944.00 Total Inventories 3,811.46 944.00 Total Current Assets 19,522.72 6,597.00 OTHER. ASSETS: 2% Tax Refund - G -7430 Total Other Assets Total Assets LAWFUL GAMBLING FUND Or HOPKINS ELKS LODGE NO. L221 (License # B-1M 365) Statement of Assets, Liabilities and Fund Balance REGULATOR W BASIS March 31, 1997 and 1996 ASSETS LIABILITIES CURRENT LIABILITIES Accrued State Taxes 0.00 0.00 Loans 23,000.00 8,000.00 Total Current Liabilities 23,000.00 8,000.00 Total Liabilities Total Liabilities and Fund Balances FUND BA' ANCE (See accompanying Notes to Financial Statements) (3) Year Endcd Year Ended 3/31 "'7 3/31/96 1,700.00 14,011, ?6 15,711.:6 1,117.00 1,117.00 700.00 4,953.00 5,653.00 0.00 0.00 20,639.72 6,597.00 23,000,00 8,000.00 Profit Carryover Beginning of Year - 1,377.73 3,291.00 Expenses in Excess of Revenues Year Ending - 2,086.52 - 4,669.00 Profit Carryover - 3,464.25 - 1,378.00 Variance 1,103.97 -25.00 Fund Balance End of Year - 2,360.28 - 1,403.00 20,639.72 6,597.00 1 1 1 1 1 1 1 1 1 1 LAWFUL GAI4IBLING FUND OF HOPKINS ELKS LODGE NO. 2221 (License B- 00365) Statements of Revenues, Expenses and Changes in Profit Carry over REGULATORY BASIS For the Years Ended March 31, 1997 and 1996 Year Ended 3/31/97 Year Ended 3/31/96 Amount % Amount VD REVENUES Pull -Tab Receipts 515,912.00 98.35% 570,307.50 99.29% Tipboard Receipts 8,664.00 1.65% 4,000.00 0.70% Interest Income 10.00 0.00% 51.30 0.01% Revenues Collected 524,586.00 100.00% 574,358.80 100.00% COST OF REVENUES Pull -Tab Prizes 433,030.00 82.55% 480,736.00 83.70% Tipboard Prizes 4,260.00 0.81% 2,100.00 0.37% Cost of Revenues 437,290.00 83.36% 482,836.00 84.07% GROSS PROFIT 87,296.00 16.64% 91,522.80 15.93% ALLOWABLE EXPENSES 49,194.11 9.38% 52,812.84 9.20% REVENUES IN EXCESS OF ALLOWABLE EXPENSES 38,101.89 7.26% 38,709.96 6.74% APPROVED ADJUSTMENT 0.00 0,00% 0.00 0.00% LAWFUL PURPOSE EXPENDITURES Gambling Taxes: State Combined Receipts Tax State Ideal Gambling Taxes State Ten Percent Tax Federal Gambling Taxes Total Gambling Taxes Audit Fees Program Expenditures Total Lawful Purpose Expenditures (See accompanying Notes to Financial Statements) 1,304.01 14,016.82 1.00 0.00 15,321.83 774.00 24,092.58 40,188.41 (4) 0.25% 2.67% 0.00% 0.00% 2.92% 0.15% 4.59% 7.66% 1,716.08 12,310.04 195.13 0.00 14,221.25 750.00 28,407.92 43,379.17 0.30% 2.14% 0.03% 0.00% 2.48% 0.13% 4.95% 7.55% EXPENSES IN EXCESS OF REVENUES BEFORE INCOME TAXES - 2,086.52 -0.40% - 4,669.21 -0.81% INCOME TAXES 0.00 0.00% 0.00 0.00% Expenses in Excess of Revenues - 2,086.52 - 0.40% - 4,669.21 -0.81% Profit Carry- over - Beginning of year - 1,377.73 3,636.53 Variance 1,103.97 - 345.05 Profit Carry-over - End of Year - 2,360.28 - 1,377.73 1 1 4 1 4 1 1 1 1 4 4 1 4 4 1 4 1 1 1 LAWFUL GAMBLING FUND OF HOPKINS ELKS LODGE NO. 2221 License No. D - 00365 Lawful Purpose Eapeutlitures For the Year Ended March 31, 1997 Scholarship Fund 3,993.48 Youth Organizations 7,283.78 Federal Taxes 0.00 Property Taxes 13,932.32 Annual Audit - (U2) 774.00 2% Tax refund - Fonn G -7430 - 1,117.00 Total Lawful Purpose Expenditures 24,866.58 (5) 1 1 1 1 1 LAWFUL GAMBLING FUND OF HOPKINS ELKS LODGE NO. 2221 (License #B- 00365) NOTES TO FINANCIAL STATEMENTS March 31, 1997 and 1996 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES Nature of Organization Beginning several years ago, the Organization commenced lawful gambling and currently has (1) pulltab operation site within the City of Hopkins to increase its program services and thereby better serve its members and the citizens of the State of Minnesota. Revenues in excess of allowable expenses generated by the Lawful Gambling Fund can only be used for lawful purpose expenditures as defined by Minnesota Statues. Basis of Presentation Regulatory basis of accounting is the basis of accounting prescribed by the State of Minnesota, which is a comprehensive basis of accounting other than generally accepted accounting principles. Regulatory basis of accounting differs from the accrual method of accounting in that under the regulatory method, all liabilities other than the cost of games and the monthly state receipts tax are expensed when paid. In addition, under the accrual method, state gambling taxes collected upon purchase of the game are prepaid upon purchase and expensed during the period the game is used. Under the regulatory method, these state gambling taxes are expensed when paid. Gross Receipts Gross receipts represent amounts collected from customers net of bingo coupons and discounts. Starting Game Banks Starting game banks consist of imprest amounts, which are used to fund open play of games in progress. Inventories Inventories consist of the vendor costs of the games purchased. State gambling taxes and state sales taxes paid upon purchase of the games are not included in inventories. On March 31, 1997 and 1996, inventories of games totaled $3,811.46 and $944.43, respectively. NOTE 2 COMMITMENTS The Organization owns the building that houses its lawful gambling pull -tab booth within the City of Hopkins. The Gambling operation pays no rent for the space. NOTE 3 INCOME TAXES The Organization is exempt from state and federal income taxes, however, the Organization is required to pay state and federal income taxes on unrelated business income. Under the regulatory method, income taxes are expensed when paid. (6) 1 4 1 4 1 1 1 1 1 1 1 1 1 4 1 1 NOTES CONT'D (Page 2) NOTE 4 RESULTS OF GAME TESTING END Subsequent to year -end, the Organization's independent auditor's selected thirteen pull -tab games to be tested as part of their audit. The exceptions of their testing, as reported to the Organization, are as follows: Game Serial No. 707166 465009 1738984 190032 020013 535290 440102 540079 530203 2452645 7100722 260299 830076 NOTE 6 IDEAL TAX REFUND Type of Game Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs Pull -Tabs (7) Amount as Reported on Gambling Tax Return 639.00 260.00 235.00 359.00 343.00 353.00 577.00 145.00 619.00 369.00 474.00 644.00 505,00 NOTE 5 LISTING OF GAMBLING CONDUCTED BY ORGANIZATION Amount as Tested 639,00 260.00 235.00 359,00 343.00 353.00 577.00 145.00 619.00 369.00 474.00 644.00 505.00 Pull -tabs and Tipboards was the only form of gambling conducted by the Organization during the year ended March 31, 1997. In February, the Organization applied for a refund of its ideal tax paid on unsold pull -tab tickets for the prior calendar year. As of March 31, 1997, the amount to be expended from this refund was $ 1,117.00. • 1 1 LAWFUL GAMBLING FUND OF HOPKINS ELKS LODGE NO. 2221 (License #11- 00365) (Minnesota ID No. 9099423) RECONCILIATION OF GAMES USED REGULATORY BASIS FOR THE YEAR ENDED MARCH 31,1997 AND 1996 3/31(97 3/31196 NUMBER NUMBER AMOUNT ()F GAMES AMOUNT OF GAMES PULL -TABS Cost of Games Used Beginning Inventories 944.43 22 1,888.24 42 Purchases 12,170. ^8 291 9,886.96 231 Subtotal 13,115.41 313 11,775.20 273 Less: Ending Inventories 3,393.46 80 944.43 22 Total Cost of Games Used 9,721.95 233 10,830.77 251 Reconciliation of Games Used Games Used Per Books Above 233 251 Games Used and Reported Per Gross Revenues by Month 234 250 Difference or Possible Unreported Gaines -1 1 NUMBER NUMBER AMOUN C OF GAMES AMOUNT OF GAMES TIPBOARDS Cost of Games Used Beginning Inventories 0.00 0 0.00 0 Purchases 1,707.00 372 0.00 0 Subtotal 1,707.00 372 0.00 0 Less. Ending Inventories 418.00 88 0.00 0 Total Cost of Games Used 1,289.00 284 0.00 0 Reconciliation of Games Used Games Used Per Books Above 284 0 Games Used and Reported Per Gross Revenues by Month 284 0 Difference or Possible Unreported Gaines 0 0 (9) 4 1 1 1 1 1 1 1 1 1 1 1 1 1 Board of Directors and Members Hopkins Elks Lodge No. 2221 Hopkins, Minnesota INDEPENDENT AUDITOR'S REPORT ON ADDITIONAL INFORMATION Our report on our audits of the basic financial statements of the Lawful Gambling Fund of Hopkins Elks Lodge No. 2221 for 1997 and 1996 appears on page 2. Those audits were made for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplementary information on pages 9 through 11 is presented for purposes of additional analysis and is not a required part of the basic financial statements. Such information has not been subjected to the auditing procedures applied in the audit of the basic financial statements and accordingly, we express no opinion on it. Bloomington, Minnesota October 22, 1997 (8) DANIEL A NELSON, LPA 1 1 1 1 1 1 1 1 1 1 1 Gross Profit LAWFUL GAMBLING FUND OF HOPKINS ELKS LODGE NO. 2221 (License #B- 00365) ANALYSIS OF MAXIMUM ALLOWABLE EXPENSES AS A PERCENTAGE OF GROSS PROFIT REGULATORY BASIS FOR THE YEARS ENDED MARCH 31, 1997 AND 1996 Allowable Expenses Cost of Games Used Compensation and Payroll Taxes Accounting and Legal Services Advertising Bank Charges & Supplies Gambling Equipment and Repairs Investigative Fee License Renewals Penalty & Interest Rent Utilities Reimbursement of Negative Expenses Cash Shortages Total Allowable Expenses Maximum Allowable Expenses by Minnesota State Statutes Excess of Maximum Allowable Expenses in Excess of Allowable Expenses - Current Year Beginning Cumulative Maximum Expenses in Excess of Allowable Expenses Ending Cumulative Maximum Allowable Expenses in Excess of Allowable Expenses (10) 1997 1996 87,296.00 91,522.80 11,914.88 31,715.72 1,214.00 0.00 1,691.47 1,385.04 0.00 200.00 0.00 0.00 0.00 0.00 1,073.00 11,273.64 36,188.41 1,200.00 0.00 1,964.11 314.18 0.00 700.00 0.00 0.00 0.00 0.00 1,172.50 49,194.11 52,812.84 43,648.00 45,761.40 - 5,546.11 - 7,051.44 62,038.61 69,088.61 56,492.50 62,038.61 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Profit Carryover from Financial Statements Profit Carryover from Tax Report Variance from Balance LAWFUL GAMBLING FUND OF HOPKINS ELKS LODGE NO. 2221 (License #B- 00365) RECONCILIATION OF PROFIT CARRYOVER REGULATORY BASIS FOR THE YEARS ENDED DECEMBER 31,1997 AND 1996 1997 1996 ADDITIONS: Cash in gambling bank accounts 14,011.26 4,953.00 Cash in starting banks 1,700.00 700.00 Ending inventory 3,811.46 944.00 Cash receipts not deposited from games closed and reported on schedules B 0.00 0.00 Other 1,117.00 0.00 TOTAL ADDITIONS 20,639.72 6,597.00 SUBTRACTIONS: Tax to be paid to department of revenue 0.00 0.00 Net cash receipts from games in play and unreported at month end 0.00 0.00 Net loans included in bank statement balance above 23,000.00 8,000.00 Unpaid invoices included in ending inventory 0.00 0.00 Unpaid invoices included in cost of goods sold 0.00 0.00 Other 0.00 0.00 TOTAL SUBTRACTIONS 23,000.00 8,000.00 - 2,360.28 - 3,464.25 1,103.97 - 1,403.00 - 1,378.00 -25.00 1 1 • 1 1 1 1 1 1 1 1 1 1 1 1 to 1 To the Board of Directors Hopkins Elks Lodge No. 2221 We have audited the financial statements of the Lawful Gambling Fund of the Hopkins Elks Lodge No. 2221 as of and for the year ended March 31, 1997, and have issued our report thereon dated October 22, 1997. We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. Compliance with laws and regulations applicable to the Gambling Fund is the responsibility of the Hopkins Elks Lodge No. 2221 management. As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we completed the Regulatory Checklist Questionnaire, which is attached to this report. However, the objective of our audit of the financial statements was not to provide an opinion on overall compliance with such provisions. Accordingly, we do not express such an opinion. This report is intended for the information of the Board of Directors, management and the Minnesota Department of Revenue. However, this report is a matter of public record and its distribution is not limited. Bloomington, Minnesota October 22, 1997 (12) DANIEL A. NELSON, LPA Yes, No or N/A 1 Yes 2 Yes 3 Yes 4 Yes 5 Yes 6 Yes 7 Yes 8 N/A 9 Yes 1 1 1 1 Name of Organization: HOPKINS ELKS LODGE NO. 2222! Organization License Number: B - 00365 REGULATORY CHECKLIST QUESTIONNAIRE Minnesota Rule 8122.0550 Subp. 613 Date of Audit or Review: September 30, 1997 INSTRUCTIONS: Based on the information obtained during the course of the audit, respond to the following nine statements for the period being audited. If there was not sufficient information available during the audit to respond to a statement, circle "N /A" for that statement. 1. The organization conducted gambling only at sites for which it had obtained a premises permit or a one -day off -site permit. 2. The organization had a licensed gambling manager at all times gambling was conducted. 3. A lessor, a member of a lessor's inunediate family, or an employee of a lessor was not a gambling manager of the organization. 4. The organization's gambling manager was bonded for an amount of at least $10,000.00. 5. Checks for the expenditure of gross profits from gambling were signed by at least two active members of the organization who have been authorized to sign checks. 6. The organization did not pre -sign gambling account checks. 7. The organization did not use signature stamps to sign gambling account checks. 8. If the organization has terminated all gambling activity a termination plan has been filed with the Gambling Control Board. 9. The organization has paid all rent for the lease of premises in accordance with its lease agreements. (13)