Shippensburg Area Chamber Of Commerce in Shippensburg, Pennsylvania (PA)

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Shippensburg Area Chamber Of Commerce
Employer Identification Number (EIN)231697886
Name of OrganizationShippensburg Area Chamber Of Commerce
Address53 W King St, Shippensburg, PA 17257-1224
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionChamber of Commerce
Ruling Date02/1973
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$195,992
Amount of Income$154,712
Form 990 Revenue Amount$129,909


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$110,124$95,858$129,909
Contributions, gifts, grants, and similar amounts received$0$0$10,000
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$68,391$63,090$58,626
Investment income$1,312$3,616$1,353
Gain/Loss from sale of assets other than inventory$8,588$7,110$2,379
Gross amount from sale of assets other than inventory$63,344$63,219$3,457
Less: cost or other basis and sales expenses$54,756$56,109$1,078
Net income/loss from gaming and fundraising events$11,765$13,112$16,679
Gross income from gaming$0$0$0
Gross income from fundraising events$34,999$37,010$40,404
Less: direct expenses from gaming and fundraising events$23,234$23,898$23,725
Gross profit/loss from sales of inventory$0$0$0
Other revenue$20,068$8,930$40,872
Total expenses$94,598$96,495$130,485
Total net assets$126,226$126,286$133,383
Excess/Deficit for the year$15,526$-637$-576
Net assets or fund balances at beginning of year$106,709$126,226$126,286
Other changes in net assets or fund balances$3,991$697$7,673
Net assets or fund balances at end of year$126,286$133,383
Balance Sheets
201120122013
Total assets$187,164$201,421$195,992
Total liabilities$60,938$75,135$62,609
Net assets or fund balances$126,226$126,286$133,383
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYesYesYes
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?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$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?NoNo
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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