New Town Alano Club Inc in Chicago, Illinois (IL)

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New Town Alano Club Inc
Employer Identification Number (EIN)363132094
Name of OrganizationNew Town Alano Club Inc
Address909 W Belmont 2nd Fl, Chicago, IL 60657-4408
ActivitiesCommunity service organization
SubsectionCharitable Organization
Ruling Date09/1981
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,614
Amount of Income$58,093
Form 990 Revenue Amount$57,843


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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$57,843
Contributions, gifts, grants, and similar amounts received$56,628
Program service revenue including government fees and contracts$423
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$792
Gross income from gaming$0
Gross income from fundraising events$1,042
Less: direct expenses from gaming and fundraising events$250
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$53,549
Total net assets$4,111
Excess for the year$4,294
Net assets or fund balances at beginning of year$-183
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$4,614
Total liabilities$503
Net assets or fund balances$4,111
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:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$232,263
Gifts, grants, contributions, and membership fees received$220,660
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$11,597
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$6
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