Internal Medicine Academic Association Inc in Spartanburg, South Carolina (SC)

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Internal Medicine Academic Association Inc
Employer Identification Number (EIN)570650737
Name of OrganizationInternal Medicine Academic Association Inc
Address101 East Wood St Co Barbara Stowel, Spartanburg, SC 29303
ActivitiesHospital auxiliary
SubsectionEducational Organization
Ruling Date07/1977
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$141,801
Amount of Income$890
Form 990 Revenue Amount$890

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$1,511
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$1,511
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$24,954
Total net assets$165,893
Deficit for the year$-23,443
Net assets or fund balances at beginning of year$189,336
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$165,893
Total liabilities$0
Net assets or fund balances$165,893
Other Information (for 2011)
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 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$22,807
Gifts, grants, contributions, and membership fees received$0
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$22,807
Gross receipts from related activities, etc.$0
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