Long Neck Business Association in Millsboro, Delaware (DE)

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Long Neck Business Association
Employer Identification Number (EIN)510332031
Name of OrganizationLong Neck Business Association
In Care of NameEdwin Perry
Address32369 Long Neck Rd Unit 2, Millsboro, DE 19966-6681
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBusiness League
Ruling Date10/1991
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000 to $24,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$10,890
Amount of Income$22,557
Form 990 Revenue Amount$8,091


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$8,091
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$1,950
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$6,141
Gross income from gaming$0
Gross income from fundraising events$20,607
Less: direct expenses from gaming and fundraising events$14,466
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$11,690
Total net assets$10,890
Deficit for the year$-3,599
Net assets or fund balances at beginning of year$14,489
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$10,890
Total liabilities$0
Net assets or fund balances$10,890
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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