Sky-Line Club Inc in Chicago, Illinois (IL)

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Sky-Line Club Inc
Employer Identification Number (EIN)361786350
Name of OrganizationSky-Line Club Inc
Address307 N Michigan Ave, Chicago, IL 60601-5311
ActivitiesCafeteria, restaurant, snack bar, food services, etc.
SubsectionPleasure, Recreational, or Social Club
Ruling Date01/1932
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$47,166
Amount of Income$116,534
Form 990 Revenue Amount$76,171

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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$86,500
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$6,599
Membership dues and assessments$19,070
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$60,831
Gross sales of inventory, less returns and allowances$131,720
Less: cost of goods sold$70,889
Other revenue$0
Total expenses$312,552
Total net assets$-3,742,623
Deficit for the year$-226,052
Net assets or fund balances at beginning of year$-3,516,571
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$68,513
Total liabilities$3,811,136
Net assets or fund balances$-3,742,623
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$750
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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