Panama City Beaches Chamber Of Commerce Incorporated in Panama City Beach, Florida (FL)

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Panama City Beaches Chamber Of Commerce Incorporated
Employer Identification Number (EIN)592857564
Name of OrganizationPanama City Beaches Chamber Of Commerce Incorporated
Address309 Richard Jackson Blvd, Panama City Beach, FL 32407-3695
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionChamber of Commerce
Ruling Date08/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$623,319
Amount of Income$985,520
Form 990 Revenue Amount$985,520


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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$1,160,082
Contributions, Gifts, Grants and Other Similar Amounts$325,383
Program Service Revenue$796,746
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,381
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$36,572
Statement of Functional Expenses (for 2012)
Total functional expenses$1,194,073
Compensation of current officers, directors, trustees, and key employees$117,970
Other salaries and wages$342,065
Payroll taxes$39,053
Professional fundraising services$0
Other$694,985
Balance Sheet (for 2012)
Total assets$836,801
Total liabilities$445,807
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$445,807
Total net assets or fund balances$390,994
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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