Chestnut Oaks Association in Richmond, Virginia (VA)

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Chestnut Oaks Association
Employer Identification Number (EIN)540737785
Name of OrganizationChestnut Oaks Association
AddressPO BOX 70464, Richmond, VA 23255-0464
ActivitiesOther recreational activities, Other social activities, Other sports or athletic activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1967
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$302,830
Amount of Income$175,286
Form 990 Revenue Amount$167,703


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
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 2011)
Total revenue$188,695
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$185,933
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$45
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$0
Net income from gaming activities$0
Net income from sales of inventory$2,717
Gross sales of inventory, less returns and allowances$12,087
Less: cost of goods sold$9,370
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$134,585
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$60,671
Payroll taxes$5,383
Professional fundraising services$0
Other$68,531
Balance Sheet (for 2011)
Total assets$295,830
Total liabilities$3,568
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$1,585
Other$1,983
Total net assets or fund balances$292,262
Retained earnings, endowment, accumulated income, or other funds$182,415
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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