Fluvanna County Chamber Of Commerce in Palmyra, Virginia (VA)

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Fluvanna County Chamber Of Commerce
Employer Identification Number (EIN)546052519
Name of OrganizationFluvanna County Chamber Of Commerce
AddressPO BOX 93, Palmyra, VA 22963-0093
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBoard of Trade
Ruling Date03/1958
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$16,914
Amount of Income$95,171
Form 990 Revenue Amount$51,462


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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2011201220132014
Total revenue$64,302$41,657$57,993$51,462
Contributions, gifts, grants, and similar amounts received$1,325$1,326$0$0
Program service revenue including government fees and contracts$0$0$8,973$12,474
Membership dues and assessments$35,690$22,335$30,817$26,790
Investment income$0$8$12$4
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$10,666$3,913$18,191$12,194
Gross income from gaming$0$0$0$0
Gross income from fundraising events$31,368$77,479$86,394$55,903
Less: direct expenses from gaming and fundraising events$20,702$73,566$68,203$43,709
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$16,612$14,075$0$0
Total expenses$52,919$70,504$60,262$30,674
Total net assets$21,357$-7,488$-9,757$14,250
Excess/Deficit for the year$11,383$-28,847$-2,269$20,788
Net assets or fund balances at beginning of year$7,380$21,357$-7,488$-9,757
Other changes in net assets or fund balances$2,594$2$0$3,219
Net assets or fund balances at end of year$21,998$-7,488$-9,757$14,250
Balance Sheets
2011201220132014
Total assets$22,309$3,197$11,388$16,914
Total liabilities$952$10,685$21,145$2,664
Net assets or fund balances$21,357$-7,488$-9,757$14,250
Other Information
2011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNoNo
Amount of political expenditures, direct or indirect$0$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNoNo
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?NoNoNoNo
Total amount involved$0$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$0$0$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?NoNoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNoNo
Reason for Public Charity Status (for 2014)
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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