Watermens Association Of St Marys Inc in Colton Point, Maryland (MD)

Watermens Association Of St Marys Inc
Employer Identification Number (EIN)	521989817
Name of Organization	Watermens Association Of St Marys Inc
In Care of Name	Robert T Brown
Address	38232 Palmer Road, Colton Point, MD 20626
Activities	Other farming and related activities
Subsection	Agricultural Organization
Ruling Date	05/1998
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2014
Assets	$25,000 to $99,999
Income	$25,000 to $99,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$65,339
Amount of Income	$39,678
Form 990 Revenue Amount	$24,059

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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue	$24,059
Contributions, gifts, grants, and similar amounts received	$15,500
Program service revenue including government fees and contracts	$0
Membership dues and assessments	$0
Investment income	$295
Gain from sale of assets other than inventory	$0
Net income from gaming and fundraising events	$8,264
Gross income from gaming	$0
Gross income from fundraising events	$23,883
Less: direct expenses from gaming and fundraising events	$15,619
Gross profit from sales of inventory	$0
Other revenue	$0
Total expenses	$20,247
Total net assets	$65,339
Excess for the year	$3,812
Net assets or fund balances at beginning of year	$61,527
Other changes in net assets or fund balances	$0

Balance Sheets (for 2012)
Total assets	$65,339
Total liabilities	$0
Net assets or fund balances	$65,339

Other Information (for 2012)
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 2012)
The organization is not a private foundation because it is:	An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)

	2008 - 2012 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
Total Support	$104,973
Gifts, grants, contributions, and membership fees received	$103,199
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	$1,774
Gross receipts from related activities, etc.	$0

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