Mid-Atlantic Venture Association Inc Baltimore-Washington Chapter in Mc Lean, Virginia (VA)

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Mid-Atlantic Venture Association Inc Baltimore-Washington Chapter
Employer Identification Number (EIN)521565676
Name of OrganizationMid-Atlantic Venture Association Inc Baltimore-Washington Chapter
Address1600 Tysons Blvd Ste 575, Mc Lean, VA 22102-4863
ActivitiesProfessional association
SubsectionBusiness League
Ruling Date10/1991
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,112,817
Amount of Income$1,362,327
Form 990 Revenue Amount$1,362,327


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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$1,362,327
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,361,760
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$567
Income from investment of tax-exempt bond proceeds$0
Royalties$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$1,620,320
Compensation of current officers, directors, trustees, and key employees$270,546
Other salaries and wages$248,383
Payroll taxes$26,484
Professional fundraising services$0
Other$1,074,907
Balance Sheet (for 2011)
Total assets$1,112,817
Total liabilities$198,053
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
Other$198,053
Total net assets or fund balances$914,764
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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