Phila Regional Section - Ift in Camden, New Jersey (NJ)

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Phila Regional Section - Ift
Employer Identification Number (EIN)236274096
Name of OrganizationPhila Regional Section - Ift
In Care of NameELENI KARDARAS
Address1 Campbell Place - Mailstop 202, Camden, NJ 08103
Websitehttp://www.philadelphiaift.org
ActivitiesDiscussion groups, forums, panels lectures, etc., Giving information or opinion (see also Advocacy), Professional association
SubsectionBusiness League
Ruling Date04/1960
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$171,810
Amount of Income$93,067
Form 990 Revenue Amount$51,220


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$49,850
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$24,944
Investment income$930
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$23,885
Gross income from gaming$0
Gross income from fundraising events$65,661
Less: direct expenses from gaming and fundraising events$41,775
Gross profit from sales of inventory$0
Other revenue$90
Other$1
Total expenses$35,874
Total net assets$141,941
Excess for the year$13,885
Net assets or fund balances at beginning of year$127,131
Other changes in net assets or fund balances$925
Balance Sheets (for 2012)
Total assets$141,941
Total liabilities$0
Net assets or fund balances$141,941
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:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$355,471
Gifts, grants, contributions, and membership fees received$38,714
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$5,067
Other$311,690
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