Park Valley in Hillsborough, North Carolina (NC)

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Park Valley
Employer Identification Number (EIN)560813303
Name of OrganizationPark Valley
AddressPO BOX 821, Hillsborough, NC 27278-0821
ActivitiesOther recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1965
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$179,592
Amount of Income$50,435
Form 990 Revenue Amount$50,435


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$50,435
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$7,315
Membership dues and assessments$43,120
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$48,435
Total net assets$179,592
Excess for the year$2,000
Net assets or fund balances at beginning of year$177,592
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$179,592
Total liabilities$0
Net assets or fund balances$179,592
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$5,300
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:Not provided
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