Chicago Corinthian Yacht Club in Chicago, Illinois (IL)

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Chicago Corinthian Yacht Club
Employer Identification Number (EIN)362046563
Name of OrganizationChicago Corinthian Yacht Club
In Care of NameMary Kovats
Address601 Montrose Drive, Chicago, IL 60613
Websitehttp://www.corinthian.org
ActivitiesOther recreational activities, Other social activities, Other sports or athletic activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date05/1962
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2008
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$337,746
Amount of Income$203,795
Form 990 Revenue Amount$198,810


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$181,609
Contributions, gifts, grants, and similar amounts received$3,790
Program service revenue including government fees and contracts$0
Membership dues and assessments$154,969
Investment income$234
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$1,790
Gross sales of inventory, less returns and allowances$1,790
Less: cost of goods sold$0
Other revenue$20,826
Total expenses$175,582
Total net assets$235,690
Excess for the year$6,027
Net assets or fund balances at beginning of year$229,663
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$235,690
Total liabilities$0
Net assets or fund balances$235,690
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$7,360
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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