Harrison Chamber Foundation Inc in Harrison, Arkansas (AR)

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Harrison Chamber Foundation Inc
Employer Identification Number (EIN)710592352
Name of OrganizationHarrison Chamber Foundation Inc
In Care of NameJON BURNSIDE
Address621 E Rush, Harrison, AR 72601
ActivitiesCommunity service organization, Described in section 509(a)(2) of the Code
SubsectionEducational Organization
Ruling Date04/1984
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$561,064
Amount of Income$3,786
Form 990 Revenue Amount$3,786


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Financial snapshot ($)

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$0
Statement of Revenue (for 2012)
Total revenue$-335,041
Contributions, Gifts, Grants and Other Similar Amounts$1,216
Program Service Revenue$19,375
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$-2,811
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$5,663
Gross rents (Real / Personal)$13,353 / $0
Less: rental expenses (Real / Personal)$7,690 / $0
Rental income or (loss) (Real / Personal)$5,663 / $0
Net loss from sales of assets other than inventory$-358,494
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $51,001
Less: cost or other basis and sales expenses (Securities / Other)$0 / $409,495
Gain or (loss) (Securities / Other)$0 / $-358,494
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$10
Statement of Functional Expenses (for 2012)
Total functional expenses$24,656
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$24,656
Balance Sheet (for 2012)
Total assets$201,368
Total liabilities$0
Total net assets or fund balances$201,368
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:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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