Ipswich Outboard Club Inc in Ipswich, Massachusetts (MA)

Ipswich Outboard Club Inc
Employer Identification Number (EIN)	042818564
Name of Organization	Ipswich Outboard Club Inc
In Care of Name	Elizabeth Ann Lombard
Address	P O Box 175, Ipswich, MA 01938
Website	http://www.ipswichoutboardclub.com
Activities	Other recreational activities
Subsection	Pleasure, Recreational, or Social Club
Ruling Date	04/1989
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2014
Assets	$0
Income	$0
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$237,654
Amount of Income	$51
Form 990 Revenue Amount	$51

Non-representatives - add comments:

Financial snapshot ($)

	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$51
Contributions, gifts, grants, and similar amounts received	$0
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$0
Investment income	$51
Gain/Loss from sale of assets other than inventory	$0
Net income/loss from gaming and fundraising events	$0
Gross profit/loss from sales of inventory	$0
Other revenue	$0
Total expenses	$17,595
Total net assets	$168,020
Excess/Deficit for the year	$-17,544
Net assets or fund balances at beginning of year	$185,564
Other changes in net assets or fund balances	$0
Net assets or fund balances at end of year	$168,020

	2013
Balance Sheets
Total assets	$237,654
Total liabilities	$69,634
Net assets or fund balances	$168,020

	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?	No
Were any significant changes made to the organizing or governing documents?	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No
Has the organization filed a Form 990-T for the year?	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?	No
Amount of political expenditures, direct or indirect	$0
Did the organization file Form 1120-POL for this year?	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
Total amount involved	$0
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
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20	Irena Bronstein & Eugene Bonte Charitable Foundation, Bonte Eugene A Ttee	Katz Nannis Solomon 800 South, Waltham, MA 02453	MA	2000-03	$55,685

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