Acushnet River Safe Boating Club Inc in Fairhaven, Massachusetts (MA)

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Acushnet River Safe Boating Club Inc
Employer Identification Number (EIN)042393061
Name of OrganizationAcushnet River Safe Boating Club Inc
Address80 Middle St, Fairhaven, MA 02719-3050
ActivitiesOther instruction and training
SubsectionCivic League
Ruling Date07/1991
DeductibilityContributions are deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$557,956
Amount of Income$270,361
Form 990 Revenue Amount$265,701


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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?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$250,337
Contributions, Gifts, Grants and Other Similar Amounts$1,059
Program Service Revenue$244,173
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$460
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$4,645
Gross sales of inventory, less returns and allowances$10,616
Less: cost of goods sold$5,971
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$232,775
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$5,494
Payroll taxes$421
Professional fundraising services$0
Other$226,860
Balance Sheet (for 2011)
Total assets$540,932
Total liabilities$17
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$17
Total net assets or fund balances$540,915
Retained earnings, endowment, accumulated income, or other funds$540,915
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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