Chapoquoit Yacht Club Inc in West Falmouth, Massachusetts (MA)

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Chapoquoit Yacht Club Inc
Employer Identification Number (EIN)042546309
Name of OrganizationChapoquoit Yacht Club Inc
In Care of NameRoger A Almeida
AddressPO BOX 453, West Falmouth, MA 02574-0453
ActivitiesOther sports or athletic activities, Other social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date01/1975
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$120,348
Amount of Income$90,744
Form 990 Revenue Amount$73,801


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$83,804
Contributions, gifts, grants, and similar amounts received$3,599
Program service revenue including government fees and contracts$29,528
Membership dues and assessments$38,605
Investment income$15
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$9,901
Gross income from gaming$0
Gross income from fundraising events$28,602
Less: direct expenses from gaming and fundraising events$18,701
Gross profit from sales of inventory$524
Gross sales of inventory, less returns and allowances$524
Less: cost of goods sold$0
Other revenue$1,632
Total expenses$79,278
Total net assets$109,436
Excess for the year$4,526
Net assets or fund balances at beginning of year$69,812
Other changes in net assets or fund balances$35,098
Balance Sheets (for 2011)
Total assets$109,536
Total liabilities$100
Net assets or fund balances$109,436
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$2,950
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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