Redmen Club Inc in Saint Peter, Minnesota (MN)

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Redmen Club Inc
Employer Identification Number (EIN)410747789
Name of OrganizationRedmen Club Inc
Address412 S 3rd St, Saint Peter, MN 56082-2032
ActivitiesFraternity or sorority
SubsectionFraternal Beneficiary Society, Order or Association
Ruling Date01/1959
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$147,776
Amount of Income$1,874,101
Form 990 Revenue Amount$102,369

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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?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$108,725
Contributions, Gifts, Grants and Other Similar Amounts$0
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
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net loss from gaming activities$-1,026
Gross income from gaming activities$1,604,296
Less: direct expenses$1,605,322
Net income from sales of inventory$109,751
Gross sales of inventory, less returns and allowances$183,778
Less: cost of goods sold$74,027
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$110,210
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$67,023
Payroll taxes$5,671
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$171,029
Total liabilities$95,372
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$82,970
Total net assets or fund balances$75,657
Retained earnings, endowment, accumulated income, or other funds$75,657
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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