Cohasset Maritime Institute Inc in Cohasset, Massachusetts (MA)
Table of contents:
| Cohasset Maritime Institute Inc | |
| Employer Identification Number (EIN) | 043250408 |
| Name of Organization | Cohasset Maritime Institute Inc |
| In Care of Name | Jack Buckley |
| Address | 40 Parker Ave, Cohasset, MA 02025-2027 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Other instruction and training |
| Subsection | Educational Organization |
| Ruling Date | 05/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $101,824 |
| Amount of Income | $140,381 |
| Form 990 Revenue Amount | $138,710 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Education (Not Elsewhere Classified) |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $53,305 | $56,472 | $138,710 |
| Contributions, gifts, grants, and similar amounts received | $13,548 | $14,966 | $82,149 |
| Program service revenue including government fees and contracts | $39,532 | $41,408 | $42,723 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $225 | $98 | $989 |
| Gross sales of inventory, less returns and allowances | $225 | $749 | $2,660 |
| Less: cost of goods sold | $0 | $651 | $1,671 |
| Other revenue | $0 | $0 | $12,849 |
| Total expenses | $63,276 | $59,355 | $62,145 |
| Total net assets | $15,187 | $12,304 | $88,869 |
| Excess/Deficit for the year | $-9,971 | $-2,883 | $76,565 |
| Net assets or fund balances at beginning of year | $25,158 | $15,187 | $12,304 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $12,304 | $88,869 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $15,187 | $12,304 | $101,824 |
| Total liabilities | $0 | $0 | $12,955 |
| Net assets or fund balances | $15,187 | $12,304 | $88,869 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $287,553 |
| Subtotal | $287,553 |
| Gifts, grants, contributions, and membership fees received | $283,998 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $3,555 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $287,553 |
| Public support | $287,553 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Cohasset Center For Student Coastal Research Inc | 40 Parker Ave, Cohasset, MA 02025-2027 | MA | 1998-06 | $24,953 |
| 2 | Cohasset Central Cemetery | PO BOX 142, Cohasset, MA 02025-0142 | MA | 1975-09 | $198,523 |
| 3 | Cohasset Conservation Trust Inc | 22 Surry Dr, Cohasset, MA 02025-1024 | MA | 1996-06 | $270,709 |
| 4 | Cohasset Dramatic Club Inc | PO BOX 53, Cohasset, MA 02025-0053 | MA | 2005-08 | $57,587 |
| 5 | Cohasset Gridiron Club | PO BOX 223, Cohasset, MA 02025-0223 | MA | 1984-09 | $45,786 |
| 6 | Cohasset Historical Society 14 | PO BOX 627, Cohasset, MA 02025-0627 | MA | 1956-12 | $125,409 |
| 7 | Cohasset Library Building Fund Inc | 35 Ripley Rd, Cohasset, MA 02025-1745 | MA | 2000-04 | $7,508 |
| 8 | Cohasset Library Trust Inc | 35 Ripley Rd, Cohasset, MA 02025-1745 | MA | 2007-02 | $161,884 |
| 9 | Cohasset Lightkeepers Corporation | PO BOX 514, Cohasset, MA 02025-0514 | MA | 1996-05 | $64,976 |
| 10 | Cohasset Local Education Foundation Ltd | PO BOX 309, Cohasset, MA 02025-0309 | MA | 1993-05 | $192,750 |
| 11 | Cohasset Maritime Institute Inc | 40 Parker Ave, Cohasset, MA 02025-2027 | MA | 1995-05 | $140,381 |
| 12 | Cohasset Parent School Organization | PO BOX 30, Cohasset, MA 02025-0030 | MA | 1992-02 | $88,875 |
| 13 | Cohasset Sailing Club Inc | 152 King St Rt 3a, Cohasset, MA 02025 | MA | 1962-05 | $205,995 |
| 14 | Cohasset Soccer Club Inc | PO BOX 409, Cohasset, MA 02025-0409 | MA | 2000-05 | $139,237 |
| 15 | Cohasset Swimming And Recreation Trust | 152 King St-Rt 3a, Cohasset, MA 02025 | MA | 1970-12 | $141,844 |
| 16 | Cohasset Yacht Club | 99 Howard Gleason Rd, Cohasset, MA 02025-1816 | MA | 1945-11 | $574,441 |
| 17 | Cohen Family Enrichment Foundation | 29 Hickory Hill Ln, Framingham, MA 01702-6113 | MA | 2003-02 | $1,083 |
| 18 | Coin Machine Industries Association Of Massachusetts Inc | 389 Main St Ste 202, Malden, MA 02148-5017 | MA | 1993-01 | $7,102 |
| 19 | Colantuno Charitable Foundation Co | 2 Anchorage Ln, Marblehead, MA 01945-2618 | MA | 2001-05 | $39 |
| 20 | Colburn Foundation | 5c Peele House Sq, Manchester, MA 01944-1319 | MA | 1982-03 | $30,325 |
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