American Institute Of Banking Chicago Chapter Inc in Springfield, Illinois (IL)

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American Institute Of Banking Chicago Chapter Inc
Employer Identification Number (EIN)366000570
Name of OrganizationAmerican Institute Of Banking Chicago Chapter Inc
In Care of NameM Bennett
Address524 S 2nd St Ste 600, Springfield, IL 62701-1749
ActivitiesSchool, college, trade school, etc.
SubsectionEducational Organization
Ruling Date11/1939
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Tax Period08/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$312,789
Amount of Income$448,542
Form 990 Revenue Amount$13,658


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Financial snapshot ($)

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?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 2012)
Total revenue$13,658
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$21,829
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-8,171
Gross amount from sales of assets other than inventory (Securities / Other)$426,713 / $0
Less: cost or other basis and sales expenses (Securities / Other)$434,884 / $0
Gain or (loss) (Securities / Other)$-8,171 / $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 2012)
Total functional expenses$426,837
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$426,837
Balance Sheet (for 2012)
Total assets$312,789
Total liabilities$0
Total net assets or fund balances$312,789
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:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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