Capital City Petroleum Club in Flowood, Mississippi (MS)

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Capital City Petroleum Club
Employer Identification Number (EIN)640470214
Name of OrganizationCapital City Petroleum Club
AddressPO BOX 320009, Flowood, MS 39232-0009
ActivitiesOther services or benefits to members or employees, Other social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date05/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$212,833
Amount of Income$933,592
Form 990 Revenue Amount$716,434


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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?Yes
Initiation fees and capital contributions$100
Gross receipts for public use of club facilities $120,438
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$716,434
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$380,580
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$295
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$335,559
Gross sales of inventory, less returns and allowances$552,717
Less: cost of goods sold$217,158
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$778,588
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$399,645
Payroll taxes$52,468
Professional fundraising services$0
Other$326,475
Balance Sheet (for 2011)
Total assets$212,833
Total liabilities$156,480
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$156,480
Total net assets or fund balances$56,353
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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