Cyprus-U S Chamber Of Commerce Inc in Paramus, New Jersey (NJ)

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Cyprus-U S Chamber Of Commerce Inc
Employer Identification Number (EIN)223600735
Name of OrganizationCyprus-U S Chamber Of Commerce Inc
In Care of NameAndreas D Comodromos
AddressC/O Ad Comodromos 55 Paramus Rd, Paramus, NJ 07652
SubsectionBusiness League
Ruling Date08/1999
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$34,646
Amount of Income$3,029
Form 990 Revenue Amount$3,029
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Boards of Trade


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Amount of income in 2013: $3,029 (it was $101,334 in 2012)
This organization: 

 $3,029
Other organizations performing similar types of work: 

 $79,698

Assets in 2013: $34,646 (it was $93,783 in 2012)
This organization: 

 $34,646
Other organizations performing similar types of work: 

 $49,746

Expenses in 2013: $60,545
Cyprus-U S Chamber Of Commerce Inc: 

 $60,545
Other organizations performing similar types of work: 

 $71,162

Income to expenses ratio in 2013: 0.1
This organization: 

 0.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 3.4%
Cyprus-U S Chamber Of Commerce Inc: 

 3.4%
Other organizations performing similar types of work: 

 33.3%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$-18,616$29,079$3,029
Contributions, gifts, grants, and similar amounts received$0$0$102
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$7,397$1,300$2,900
Investment income$251$70$27
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$-26,264$27,709$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$29,450$12,046$60,545
Total net assets$68,009$85,042$27,526
Excess/Deficit for the year$-48,066$17,033$-57,516
Net assets or fund balances at beginning of year$116,075$68,009$85,042
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$85,042$27,526
Balance Sheets
201120122013
Total assets$70,409$93,783$34,646
Total liabilities$2,400$8,741$7,120
Net assets or fund balances$68,009$85,042$27,526
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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3New Jersey Patient Care And Access Coalition Inc830 Morris Tpke Ste 303, Short Hills, NJ 07078-2620NJ2010-06$386,915
4Third Party Marketers Association Inc191 Clarksville Road, Princeton Junction, NJ 08550-5391NJ2009-03$84,063
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Number of organizations performing similar types of work
Alaska4
Alabama15
Arkansas7
Arizona20
California119
Colorado26
Connecticut22
District of Columbia36
Delaware4
Florida57
Georgia35
Hawaii8
Iowa14
Idaho8
Illinois39
Indiana19
Kansas12
Kentucky8
Louisiana14
Massachusetts22
Maryland18
Maine7
Michigan27
Minnesota16
Missouri17
Mississippi7
Montana10
North Carolina23
North Dakota5
Nebraska6
New Hampshire6
New Jersey34
New Mexico9
Nevada19
New York70
Ohio27
Oklahoma13
Oregon25
Pennsylvania35
Rhode Island8
South Carolina7
South Dakota5
Tennessee16
Texas62
Utah10
Virginia45
Vermont2
Washington24
Wisconsin22
West Virginia8
Wyoming5
International5
Total1,082

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