Greater Ocean City Golf Associationinc in Ocean City, Maryland (MD)

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Greater Ocean City Golf Associationinc
Employer Identification Number (EIN)205435422
Name of OrganizationGreater Ocean City Golf Associationinc
Address9748 Stephen Decatur Highway 105, Ocean City, MD 21842-9358
SubsectionBusiness League
Ruling Date10/2006
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$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$140,611
Amount of Income$611,185
Form 990 Revenue Amount$611,185
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2012: $611,185 (it was $791,040 in 2011)
Greater Ocean City Golf Associationinc: 

 $611,185
Other organizations performing similar types of work: 

 $93,179

Assets in 2012: $140,611 (it was $177,835 in 2011)
Greater Ocean City Golf Associationinc: 

 $140,611
Other organizations performing similar types of work: 

 $53,845

Financial snapshot ($)

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?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$791,040
Contributions, Gifts, Grants and Other Similar Amounts$791,040
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
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$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$773,714
Compensation of current officers, directors, trustees, and key employees$131,500
Other salaries and wages$0
Payroll taxes$10,223
Professional fundraising services$0
Other$631,991
Balance Sheet (for 2011)
Total assets$177,835
Total liabilities$129,377
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$129,377
Total net assets or fund balances$48,458
Retained earnings, endowment, accumulated income, or other funds$48,458
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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5Tanaitra Inc, Tire Industry Association1532 Pointer Ridge Pl Ste G, Bowie, MD 20716-1874MD2003-02$5,350,344
6Homebuilders Association Of Maryland Inc6030 Daybreak Cir Ste A150, Clarksville, MD 21029-1638MD1948-05$1,413,659
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Number of organizations performing similar types of work
Alaska90
Alabama213
Arkansas167
Arizona317
California1,725
Colorado384
Connecticut177
District of Columbia373
Delaware58
Florida890
Georgia435
Hawaii118
Iowa199
Idaho124
Illinois699
Indiana307
Kansas183
Kentucky210
Louisiana208
Massachusetts324
Maryland318
Maine99
Michigan448
Minnesota291
Missouri339
Mississippi106
Montana100
North Carolina420
North Dakota58
Nebraska130
New Hampshire83
New Jersey359
New Mexico144
Nevada154
New York879
Ohio575
Oklahoma175
Oregon320
Pennsylvania581
Rhode Island71
South Carolina173
South Dakota79
Tennessee242
Texas1,057
Utah150
Virginia566
Vermont65
Washington384
Wisconsin305
West Virginia90
Wyoming40
International34
Total16,036

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