Oakboro Swim Club Inc in Oakboro, North Carolina (NC)

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Oakboro Swim Club Inc
Employer Identification Number (EIN)561152389
Name of OrganizationOakboro Swim Club Inc
AddressPO BOX 93, Oakboro, NC 28129-0093
ActivitiesSwimming or tennis club, Other recreational activities, Other social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1976
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period02/2012
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$112,033
Amount of Income$24,868
Form 990 Revenue Amount$23,366


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$23,366
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$20,012
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$20
Gross income from gaming$0
Gross income from fundraising events$20
Less: direct expenses from gaming and fundraising events$0
Gross profit from sales of inventory$2,114
Gross sales of inventory, less returns and allowances$3,616
Less: cost of goods sold$1,502
Other revenue$1,220
Total expenses$20,487
Total net assets$112,033
Excess for the year$2,879
Net assets or fund balances at beginning of year$109,154
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$112,033
Total liabilities$0
Net assets or fund balances$112,033
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$0
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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