Connecticut Chapter Turnaround Management Association Inc in Wallingford, Connecticut (CT)
Table of contents:
| Connecticut Chapter Turnaround Management Association Inc | |
| Employer Identification Number (EIN) | 061497196 |
| Name of Organization | Connecticut Chapter Turnaround Management Association Inc |
| Address | PO BOX 1846, Wallingford, CT 06492-7146 |
| Activities | Business promotion (chamber of commerce, business league, etc.) |
| Subsection | Business League |
| Ruling Date | 10/1997 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $181,318 |
| Amount of Income | $156,541 |
| Form 990 Revenue Amount | $140,086 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $145,603 | $123,751 | $126,314 |
| Contributions, gifts, grants, and similar amounts received | $32,000 | $5,000 | $0 |
| Program service revenue including government fees and contracts | $110,878 | $114,167 | $119,210 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $2,721 | $4,463 | $7,012 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $41,965 | $38,663 | $64,780 |
| Less: direct expenses from gaming and fundraising events | $39,244 | $34,200 | $57,768 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $4 | $121 | $92 |
| Total expenses | $109,227 | $103,819 | $100,916 |
| Total net assets | $56,309 | $84,349 | $118,275 |
| Excess/Deficit for the year | $36,376 | $19,932 | $25,398 |
| Net assets or fund balances at beginning of year | $31,703 | $56,309 | $84,349 |
| Other changes in net assets or fund balances | $-11,770 | $8,108 | $8,528 |
| Net assets or fund balances at end of year | $84,349 | $118,275 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $95,809 | $136,099 | $146,559 |
| Total liabilities | $39,500 | $51,750 | $28,284 |
| Net assets or fund balances | $56,309 | $84,349 | $118,275 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| 11 | Connecticut Chapter Turnaround Management Association Inc | PO BOX 1846, Wallingford, CT 06492-7146 | CT | 1997-10 | $156,541 |
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