Cresco Chamber Of Commerce in Cresco, Iowa (IA)

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Cresco Chamber Of Commerce
Employer Identification Number (EIN)420201448
Name of OrganizationCresco Chamber Of Commerce
Address101 2nd Ave Sw, Cresco, IA 52136-1839
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Attracting new industry or retaining industry in an area
SubsectionChamber of Commerce
Ruling Date04/1980
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$141,248
Amount of Income$133,095
Form 990 Revenue Amount$120,119


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Financial snapshot ($)

Revenue 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?No
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$111,990
Contributions, Gifts, Grants and Other Similar Amounts$77,433
Program Service Revenue$21,312
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$688
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$12,480
Gross rents (Real / Personal)$12,480 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$12,480 / $0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-78
Gross income from fundraising events$11,531
Less: direct expenses$11,609
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$155
Statement of Functional Expenses (for 2011)
Total functional expenses$103,604
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$103,604
Balance Sheet (for 2011)
Total assets$121,810
Total liabilities$603
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
Other$603
Total net assets or fund balances$121,207
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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