Grassy Island Owners Association Inc in Vero Beach, Florida (FL)

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Grassy Island Owners Association Inc
Employer Identification Number (EIN)650198611
Name of OrganizationGrassy Island Owners Association Inc
Address114 43rd Ave Sw, Vero Beach, FL 32968-2382
ActivitiesMutual ditch, irrigation, telephone, electric company or like organization, Other farming and related activities
SubsectionMutual Ditch or Irrigation Co.
Ruling Date02/1991
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Tax Period12/2011
Assets$25,000 to $99,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$64,276
Amount of Income$22,128
Form 990 Revenue Amount$22,128


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$22,128
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$22,127
Investment income$1
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$24,321
Total net assets$64,276
Deficit for the year$-2,193
Net assets or fund balances at beginning of year$66,469
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$64,276
Total liabilities$0
Net assets or fund balances$64,276
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:Not provided
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