East Arm Rowing Club Inc in Greenwood Lk, New York (NY)

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East Arm Rowing Club Inc
Employer Identification Number (EIN)061607625
Name of OrganizationEast Arm Rowing Club Inc
In Care of NameAlexander Emodi
AddressPO BOX 301, Greenwood Lk, NY 10925-0301
SubsectionCharitable Organization
Ruling Date06/2014
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$133,580
Amount of Income$84,966
Form 990 Revenue Amount$81,434
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreation, Sports, Leisure, Athletics (Not Elsewhere Classified)


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Financial snapshot for 2013 ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$81,434
Contributions, gifts, grants, and similar amounts received$22,992
Program service revenue including government fees and contracts$0
Membership dues and assessments$39,003
Investment income$0
Gain/Loss from sale of assets other than inventory$1,000
Gross amount from sale of assets other than inventory$1,000
Less: cost or other basis and sales expenses$0
Net income/loss from gaming and fundraising events$18,439
Gross income from gaming$0
Gross income from fundraising events$21,971
Less: direct expenses from gaming and fundraising events$3,532
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$151,826
Total net assets$33,580
Excess/Deficit for the year$-70,392
Net assets or fund balances at beginning of year$103,972
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$33,355
Balance Sheets
2013
Total assets$133,580
Total liabilities$100,000
Net assets or fund balances$33,580
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
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?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported0
Sum of amounts of support$0
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