Wissinoming Yacht Club in Philadelphia, Pennsylvania (PA)

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Wissinoming Yacht Club
Employer Identification Number (EIN)231227614
Name of OrganizationWissinoming Yacht Club
AddressDelaware Ave And Devereaux St, Philadelphia, PA 19135
ActivitiesOther recreational activities, Other social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date07/1945
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$85,771
Amount of Income$199,816
Form 990 Revenue Amount$102,687

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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$102,687
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$20,343
Investment income$100
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$77,428
Gross sales of inventory, less returns and allowances$174,557
Less: cost of goods sold$97,129
Other revenue$4,816
Total expenses$90,327
Total net assets$85,771
Excess for the year$12,360
Net assets or fund balances at beginning of year$73,411
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$85,771
Total liabilities$0
Net assets or fund balances$85,771
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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