Vets Club Of Larimore Inc in Larimore, North Dakota (ND)

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Vets Club Of Larimore Inc
Employer Identification Number (EIN)450218149
Name of OrganizationVets Club Of Larimore Inc
AddressPO BOX 39, Larimore, ND 58251-0039
ActivitiesPatriotic activities, Other social activities, Other sports or athletic activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date05/1948
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$13,890
Amount of Income$240,318
Form 990 Revenue Amount$141,257


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$141,257
Contributions, Gifts, Grants and Other Similar Amounts$8,357
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$10,308
Gross rents (Real / Personal)$10,308 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$10,308 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$6,000
Gross income from gaming activities$6,000
Less: direct expenses$0
Net income from sales of inventory$115,016
Gross sales of inventory, less returns and allowances$214,077
Less: cost of goods sold$99,061
Miscellaneous Revenue$1,576
Statement of Functional Expenses (for 2011)
Total functional expenses$131,066
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$55,389
Payroll taxes$5,255
Professional fundraising services$0
Other$70,422
Balance Sheet (for 2011)
Total assets$13,890
Total liabilities$13,890
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$10,630
Unsecured notes and loans payable to unrelated third parties$0
Other$3,260
Total net assets or fund balances$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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