Galveston County Apartment Association Inc in Galveston, Texas (TX)

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Galveston County Apartment Association Inc
Employer Identification Number (EIN)760100921
Name of OrganizationGalveston County Apartment Association Inc
AddressPO BOX 3934, Galveston, TX 77552-0934
ActivitiesProfessional association, Business promotion (chamber of commerce, business league, etc.)
SubsectionBusiness League
Ruling Date07/1984
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$18,803
Amount of Income$106,511
Form 990 Revenue Amount$82,210

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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$82,210
Contributions, Gifts, Grants and Other Similar Amounts$63,465
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$14
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$5,218
Gross income from fundraising events$20,677
Less: direct expenses$15,459
Net income from gaming activities$0
Net income from sales of inventory$13,513
Gross sales of inventory, less returns and allowances$22,355
Less: cost of goods sold$8,842
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$90,140
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$26,700
Payroll taxes$2,179
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$18,803
Total liabilities$4,747
Tax-exempt bond liabilities$0
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$14,056
Retained earnings, endowment, accumulated income, or other funds$14,056
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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