Nello Memorial Committee Inc, N M C in Blue Bell, Pennsylvania (PA)

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Nello Memorial Committee Inc, N M C
Employer Identification Number (EIN)232654132
Name of OrganizationNello Memorial Committee Inc
Secondary NameN M C
Address1750 Walton Rd, Blue Bell, PA 19422-2306
ActivitiesScientific research (diseases)
SubsectionCharitable Organization
Ruling Date03/1994
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$98,597
Amount of Income$181,433
Form 990 Revenue Amount$114,055


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$114,055
Contributions, gifts, grants, and similar amounts received$65
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$113,953
Gross income from gaming$0
Gross income from fundraising events$181,331
Less: direct expenses from gaming and fundraising events$67,378
Gross profit from sales of inventory$0
Other revenue$37
Total expenses$110,621
Total net assets$98,597
Excess for the year$3,434
Net assets or fund balances at beginning of year$95,163
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$98,597
Total liabilities$0
Net assets or fund balances$98,597
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$0
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:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$1,091,858
Gifts, grants, contributions, and membership fees received$25,890
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$1,057,711
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$8,257
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