Loris Chamber Of Commerce Inc in Loris, South Carolina (SC)

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Loris Chamber Of Commerce Inc
Employer Identification Number (EIN)570666325
Name of OrganizationLoris Chamber Of Commerce Inc
AddressPO BOX 356, Loris, SC 29569-0356
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Professional association
SubsectionBusiness League
Ruling Date04/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$126,407
Amount of Income$136,725
Form 990 Revenue Amount$75,120


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$87,792
Contributions, Gifts, Grants and Other Similar Amounts$937
Program Service Revenue$28,407
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$11
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$58,437
Gross income from fundraising events$93,856
Less: direct expenses$35,419
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$101,671
Compensation of current officers, directors, trustees, and key employees$24,446
Other salaries and wages$0
Payroll taxes$2,068
Professional fundraising services$0
Other$75,157
Balance Sheet (for 2012)
Total assets$129,820
Total liabilities$19,745
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$18,928
Unsecured notes and loans payable to unrelated third parties$0
Other$817
Total net assets or fund balances$110,075
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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