Corry Country Club Inc in Corry, Pennsylvania (PA)

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Corry Country Club Inc
Employer Identification Number (EIN)250421273
Name of OrganizationCorry Country Club Inc
AddressPO BOX 96, Corry, PA 16407-0096
ActivitiesCountry club
SubsectionPleasure, Recreational, or Social Club
Ruling Date07/1940
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$226,834
Amount of Income$332,377
Form 990 Revenue Amount$266,232

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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$0
Gross receipts for public use of club facilities $2,004
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$230,942
Contributions, Gifts, Grants and Other Similar Amounts$300
Program Service Revenue$164,870
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$43
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$61,748
Gross sales of inventory, less returns and allowances$136,162
Less: cost of goods sold$74,414
Miscellaneous Revenue$3,981
Statement of Functional Expenses (for 2011)
Total functional expenses$292,280
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$111,208
Payroll taxes$23,992
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$248,003
Total liabilities$290,248
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$202,341
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$-42,245
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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