Westville Power Boat Association in Westville, New Jersey (NJ)

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Westville Power Boat Association
Employer Identification Number (EIN)222167224
Name of OrganizationWestville Power Boat Association
Address701 Edgewater Ave, Westville, NJ 08093-1241
ActivitiesOther sports club, Other recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date08/1977
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$206,341
Amount of Income$63,572
Form 990 Revenue Amount$33,528

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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$40,093
Contributions, gifts, grants, and similar amounts received$2,410
Program service revenue including government fees and contracts$0
Membership dues and assessments$5,758
Investment income$0
Gain from sale of assets other than inventory$407
Gross amount from sale of assets other than inventory$1,763
Less: cost or other basis and sales expenses$1,356
Net income from gaming and fundraising events$1,393
Gross income from gaming$0
Gross income from fundraising events$7,035
Less: direct expenses from gaming and fundraising events$5,642
Gross profit from sales of inventory$17,452
Gross sales of inventory, less returns and allowances$69,574
Less: cost of goods sold$52,122
Other revenue$12,673
Total expenses$29,953
Total net assets$205,967
Excess for the year$10,140
Net assets or fund balances at beginning of year$195,827
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$206,529
Total liabilities$562
Net assets or fund balances$205,967
Other Information (for 2011)
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 2011)
The organization is not a private foundation because it is:Not provided
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