Demarest Swim Club in Demarest, New Jersey (NJ)

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Demarest Swim Club
Employer Identification Number (EIN)221639061
Name of OrganizationDemarest Swim Club
AddressPO BOX 5, Demarest, NJ 07627-0005
ActivitiesOther recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date12/1969
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$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$310,538
Amount of Income$271,664
Form 990 Revenue Amount$271,664


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Financial snapshot ($)

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
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 2012)
Total revenue$273,313
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$273,313
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$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$235,225
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$113,852
Payroll taxes$0
Professional fundraising services$0
Other$121,373
Balance Sheet (for 2012)
Total assets$314,364
Total liabilities$84,690
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$84,690
Total net assets or fund balances$229,674
Retained earnings, endowment, accumulated income, or other funds$229,674
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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