Groundhog Mountain Property Owners Inc in High Point, North Carolina (NC)

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Groundhog Mountain Property Owners Inc
Employer Identification Number (EIN)541035012
Name of OrganizationGroundhog Mountain Property Owners Inc
Address2812 Brennen Ln, High Point, NC 27262-8463
Activities"Unspecified"
SubsectionOrganization Like Those on Three Preceding Lines
Ruling Date01/1999
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$230,480
Amount of Income$56,281
Form 990 Revenue Amount$56,281
National Taxonomy of Exempt Entities (NTEE)Mutual/Membership Benefit Organizations, Other: Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations


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Amount of income in 2013: $56,281 (it was $55,733 in 2012)
This organization: 

 $56,281
Other organizations performing similar types of work: 

 $62,604

Assets in 2013: $230,480 (it was $221,362 in 2012)
This organization: 

 $230,480
Other organizations performing similar types of work: 

 $230,480

Expenses in 2013: $47,163
This organization: 

 $47,163
Other organizations performing similar types of work: 

 $58,479

Income to expenses ratio in 2013: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.2

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$57,671$55,733$56,281
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$57,211$55,360$53,359
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$460$373$2,922
Total expenses$43,105$43,127$47,163
Total net assets$208,756$221,362$230,480
Excess/Deficit for the year$14,566$12,606$9,118
Net assets or fund balances at beginning of year$194,190$208,756$221,362
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$221,362$230,480
Balance Sheets
201120122013
Total assets$208,756$221,362$230,480
Total liabilities$0$0$0
Net assets or fund balances$208,756$221,362$230,480
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1East Daviess County Water Association Inc9210 Ky 144, Philpot, KY 42366KY2008-06$1,501,891
2Apple Creek Water Co OpPO BOX 131, Waverly, IL 62692-0131IL1999-07$650,984
3Huajatolla Valley Estates IncorporatedPO BOX 644, La Veta, CO 81055-0644CO2007-08$62,604
4Groundhog Mountain Property Owners Inc2812 Brennen Ln, High Point, NC 27262-8463NC1999-01$56,281
5Oak Manor Water And Road Assoc2108 San Miguel Canyon Rd, Prunedale, CA 93907-8857CA2007-12$24,521
Number of organizations performing similar types of work
Alabama1
California4
Colorado1
Idaho1
Illinois1
Kentucky1
North Carolina1
New York1
Total11

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