Lexington Ibm Club in Lexington, Kentucky (KY)

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Lexington Ibm Club
Employer Identification Number (EIN)616014055
Name of OrganizationLexington Ibm Club
Address745 W New Circle Rd, Lexington, KY 40511-1865
ActivitiesAssociation of employees, Other sports or athletic activities, Other social activities
SubsectionLocal Association of Employees
Ruling Date07/1966
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$21,993
Amount of Income$38,469
Form 990 Revenue Amount$-9,854


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Financial snapshot ($)

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?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$0
Statement of Revenue (for 2011)
Total revenue$-9,854
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$78
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$0
Net loss from sales of inventory$-9,932
Gross sales of inventory, less returns and allowances$38,391
Less: cost of goods sold$48,323
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$245
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$245
Balance Sheet (for 2011)
Total assets$21,993
Total liabilities$0
Total net assets or fund balances$21,993
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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