Home Builders Association Of Panama City Bay County Inc in Panama City, Florida (FL)

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Home Builders Association Of Panama City Bay County Inc
Employer Identification Number (EIN)591584523
Name of OrganizationHome Builders Association Of Panama City Bay County Inc
Address2428 Lisenby Ave, Panama City, FL 32405-3585
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBusiness League
Ruling Date10/1986
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$147,890
Amount of Income$167,138
Form 990 Revenue Amount$67,009


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
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 2012)
Total revenue$89,372
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$85,273
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,061
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-45
Gross amount from sales of assets other than inventory (Securities / Other)$9,955 / $0
Less: cost or other basis and sales expenses (Securities / Other)$10,000 / $0
Gain or (loss) (Securities / Other)$-45 / $0
Net income from fundraising events$1,083
Gross income from fundraising events$40,225
Less: direct expenses$39,142
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$75,534
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$16,653
Payroll taxes$1,538
Professional fundraising services$0
Other$57,343
Balance Sheet (for 2012)
Total assets$162,217
Total liabilities$63
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$63
Total net assets or fund balances$162,154
Retained earnings, endowment, accumulated income, or other funds$162,154
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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