Long Point Improvement Association Inc in Pasadena, Maryland (MD)

Long Point Improvement Association Inc
Employer Identification Number (EIN)	526017943
Name of Organization	Long Point Improvement Association Inc
In Care of Name	Jennifer Adams
Address	1534 Long Point Road, Pasadena, MD 21122
Subsection	Civic League
Ruling Date	06/1965
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2013
Assets	$0
Income	$0
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$70,735
Amount of Income	$25,285
Form 990 Revenue Amount	$25,285

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Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue	$25,285
Contributions, gifts, grants, and similar amounts received	$370
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$4,600
Investment income	$230
Gain from sale of assets other than inventory	$0
Net income from gaming and fundraising events	$1,310
Gross income from gaming	$0
Gross income from fundraising events	$1,430
Less: direct expenses from gaming and fundraising events	$120
Gross profit from sales of inventory	$0
Other revenue	$18,775
Total expenses	$21,919
Total net assets	$70,735
Excess for the year	$3,366
Net assets or fund balances at beginning of year	$67,369
Other changes in net assets or fund balances	$0

Balance Sheets (for 2011)
Total assets	$70,735
Total liabilities	$0
Net assets or fund balances	$70,735

Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0

Reason for Public Charity Status (for 2011)
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

Reason for Public Charity Status (for 2011)

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

	2007 - 2011 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
Total support	$82,431
Gifts, grants, contributions, and membership fees received	$28,261
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	$53,345
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$825

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