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 Period12/2011
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$71,188
Amount of Income$154,052
Form 990 Revenue Amount$77,424

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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$77,424
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$11,944
Membership dues and assessments$21,890
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$43,590
Gross sales of inventory, less returns and allowances$120,218
Less: cost of goods sold$76,628
Other revenue$0
Total expenses$285,668
Total net assets$-3,516,571
Deficit for the year$-208,244
Net assets or fund balances at beginning of year$-3,308,309
Other changes in net assets or fund balances$-18
Balance Sheets (for 2011)
Total assets$71,188
Total liabilities$3,587,759
Net assets or fund balances$-3,516,571
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$750
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:Not provided
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