Chisholm Ski Club Association Inc in Rumford, Maine (ME)

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Chisholm Ski Club Association Inc
Employer Identification Number (EIN)223251143
Name of OrganizationChisholm Ski Club Association Inc
In Care of NameHarvey Manson
AddressPO BOX 616, Rumford, ME 04276-0616
ActivitiesTraining in sports, Gifts or grants to individuals (other than scholarships)
SubsectionEducational Organization
Ruling Date02/1994
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$47,515
Amount of Income$42,450
Form 990 Revenue Amount$42,450

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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$121,411
Contributions, gifts, grants, and similar amounts received$40,767
Program service revenue including government fees and contracts$0
Membership dues and assessments$1,010
Investment income$8
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$79,580
Gross income from gaming$0
Gross income from fundraising events$114,072
Less: direct expenses from gaming and fundraising events$34,492
Gross profit from sales of inventory$0
Other revenue$46
Total expenses$115,648
Total net assets$23,079
Excess for the year$5,763
Net assets or fund balances at beginning of year$17,316
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$23,079
Total liabilities$0
Net assets or fund balances$23,079
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
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