Country Club Of Indianapolis Inc in Indianapolis, Indiana (IN)

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Country Club Of Indianapolis Inc
Employer Identification Number (EIN)350249890
Name of OrganizationCountry Club Of Indianapolis Inc
Address2801 Country Club Rd, Indianapolis, IN 46234-1708
ActivitiesCountry club
SubsectionPleasure, Recreational, or Social Club
Ruling Date03/1959
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,990,592
Amount of Income$2,818,061
Form 990 Revenue Amount$2,516,788

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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$6,000
Gross receipts for public use of club facilities $357,690
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$2,516,788
Contributions, Gifts, Grants and Other Similar Amounts$1,474,786
Program Service Revenue$590,153
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net loss from sales of assets other than inventory$-38,236
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $38,236
Gain or (loss) (Securities / Other)$0 / $-38,236
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$440,085
Gross sales of inventory, less returns and allowances$703,122
Less: cost of goods sold$263,037
Miscellaneous Revenue$50,000
Statement of Functional Expenses (for 2011)
Total functional expenses$3,104,899
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$1,297,642
Payroll taxes$128,681
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$4,990,592
Total liabilities$3,899,189
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$3,167,732
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$1,091,403
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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