Iron River Country Club in Iron River, Michigan (MI)

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Iron River Country Club
Employer Identification Number (EIN)380680917
Name of OrganizationIron River Country Club
AddressPO BOX 526, Iron River, MI 49935-0526
ActivitiesCountry club
SubsectionPleasure, Recreational, or Social Club
Ruling Date10/1960
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
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$239,375
Amount of Income$238,254
Form 990 Revenue Amount$192,347

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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?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$185,182
Contributions, Gifts, Grants and Other Similar Amounts$66,965
Program Service Revenue$12,436
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$114
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$9,771
Gross income from fundraising events$31,528
Less: direct expenses$21,757
Net income from gaming activities$0
Net income from sales of inventory$77,863
Gross sales of inventory, less returns and allowances$113,227
Less: cost of goods sold$35,364
Miscellaneous Revenue$18,033
Statement of Functional Expenses (for 2011)
Total functional expenses$231,015
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$68,808
Payroll taxes$20,383
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$185,300
Total liabilities$91,806
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
Total net assets or fund balances$93,494
Retained earnings, endowment, accumulated income, or other funds$93,494
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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