Chamber Of Commerce Of The Palm Beaches Inc in West Palm Bch, Florida (FL)

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Chamber Of Commerce Of The Palm Beaches Inc
Employer Identification Number (EIN)590504407
Name of OrganizationChamber Of Commerce Of The Palm Beaches Inc
Address401 N Flagler Dr, West Palm Bch, FL 33401-4305
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionChamber of Commerce
Ruling Date08/1974
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,078,228
Amount of Income$929,201
Form 990 Revenue Amount$929,201

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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$848,679
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$805,348
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$16,196
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$8,699
Gross amount from sales of assets other than inventory (Securities / Other)$10,463 / $0
Less: cost or other basis and sales expenses (Securities / Other)$1,764 / $0
Gain or (loss) (Securities / Other)$8,699 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$18,436
Statement of Functional Expenses (for 2011)
Total functional expenses$909,691
Compensation of current officers, directors, trustees, and key employees$138,497
Other salaries and wages$258,157
Payroll taxes$38,660
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$1,073,425
Total liabilities$338,141
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$735,284
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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