Inner Harbor Yacht Club Inc in Tonawanda, New York (NY)

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Inner Harbor Yacht Club Inc
Employer Identification Number (EIN)160902451
Name of OrganizationInner Harbor Yacht Club Inc
Address50 Fillmore Ave, Tonawanda, NY 14150-2336
ActivitiesHobby club, Testing products for public safety, Other recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1965
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period02/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$258,524
Amount of Income$158,050
Form 990 Revenue Amount$78,085


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$75,205
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$16,639
Membership dues and assessments$26,404
Investment income$12
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$1,605
Gross income from gaming$0
Gross income from fundraising events$3,960
Less: direct expenses from gaming and fundraising events$2,355
Gross profit from sales of inventory$29,910
Gross sales of inventory, less returns and allowances$96,378
Less: cost of goods sold$66,468
Other revenue$635
Total expenses$55,902
Total net assets$225,987
Excess for the year$19,303
Net assets or fund balances at beginning of year$206,684
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$228,134
Total liabilities$2,147
Net assets or fund balances$225,987
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$1,750
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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