Punxsutawney Chamber Of Commerce in Punxsutawney, Pennsylvania (PA)

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Punxsutawney Chamber Of Commerce
Employer Identification Number (EIN)250741683
Name of OrganizationPunxsutawney Chamber Of Commerce
Address102 W Mahoning St, Punxsutawney, PA 15767-2017
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Other activity aimed t combating community deterioration, Loans or credit reporting
SubsectionChamber of Commerce
Ruling Date08/1949
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$81,556
Amount of Income$85,417
Form 990 Revenue Amount$81,574

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$81,574
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$6,895
Membership dues and assessments$32,318
Investment income$14
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$3,586$18,919$6,278
Gross income from gaming$0$0$0
Gross income from fundraising events$10,121
Less: direct expenses from gaming and fundraising events$3,843
Gross profit/loss from sales of inventory$0
Other revenue$36,069
Total expenses$84,707
Total net assets$23,614
Excess/Deficit for the year$-3,133
Net assets or fund balances at beginning of year$32,351
Other changes in net assets or fund balances$-5,604
Net assets or fund balances at end of year$23,614
Balance Sheets
Total assets$148,360$95,716$81,556
Total liabilities$61,253$63,365$57,942
Net assets or fund balances$23,614
Other Information
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 activitiesYes
Has the organization filed a Form 990-T for the year?YesYes
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?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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