Rolling Meadows Golden Years Council in Rolling Meadows, Illinois (IL)

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Rolling Meadows Golden Years Council
Employer Identification Number (EIN)363620089
Name of OrganizationRolling Meadows Golden Years Council
Address3075 Pleasant Dr, Rolling Meadows, IL 60008
ActivitiesServices for the aged (see also 153 ad 382)
SubsectionCharitable Organization
Ruling Date03/1990
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
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$25,672
Amount of Income$38,008
Form 990 Revenue Amount$38,008

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$34,679$42,548$33,118
Contributions, gifts, grants, and similar amounts received$6,188$11,718$11,182
Program service revenue including government fees and contracts$15,217$18,093$12,635
Membership dues and assessments$13,274$12,737$9,301
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$27,158$29,559$32,593
Total net assets$53,758$66,747$67,272
Excess/Deficit for the year$7,521$12,989$525
Net assets or fund balances at beginning of year$46,237$53,758$66,747
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$66,747$67,272
Balance Sheets
Total assets$56,239$67,458$67,798
Total liabilities$2,481$711$526
Net assets or fund balances$53,758$66,747$67,272
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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