Bustleton Swim Club in Philadelphia, Pennsylvania (PA)

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Bustleton Swim Club
Employer Identification Number (EIN)231585226
Name of OrganizationBustleton Swim Club
AddressPO BOX 6123, Philadelphia, PA 19115-6123
ActivitiesOther recreational activities, Other social activities, Other sports or athletic activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date03/1964
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period10/2011
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$191,744
Amount of Income$207,760
Form 990 Revenue Amount$207,760

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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$207,760
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$207,758
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2
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 income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$195,573
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$62,658
Payroll taxes$8,891
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$191,744
Total liabilities$48,700
Tax-exempt bond liabilities$48,700
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$143,044
Retained earnings, endowment, accumulated income, or other funds$12,187
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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