Great East Lake Improvement Association in Sanbornville, New Hampshire (NH)

Great East Lake Improvement Association
Employer Identification Number (EIN)	043014031
Name of Organization	Great East Lake Improvement Association
In Care of Name	Ray F Sundstrom Treasurer
Address	PO BOX 911, Sanbornville, NH 03872-0911
Activities	Described in section 509(a)(2) of the Code, Preservation of natural resources (conservation), Preservation of scenic beauty
Subsection	Charitable Organization
Ruling Date	10/1994
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	12/2014
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	$78,884
Amount of Income	$46,317
Form 990 Revenue Amount	$42,784

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Financial snapshot ($)

Revenue for 2013

Support schedule

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$32,665	$40,043	$37,501
Contributions, gifts, grants, and similar amounts received	$4,500	$7,601	$7,675
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$27,757	$29,555	$30,020
Investment income	$229	$244	$158
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	$179	$1,477	$-1,062
Gross sales of inventory, less returns and allowances	$1,358	$2,564	$1,868
Less: cost of goods sold	$1,179	$1,087	$2,930
Other revenue	$0	$1,166	$710
Total expenses	$30,766	$38,993	$40,354
Total net assets	$67,108	$68,158	$65,305
Excess/Deficit for the year	$1,899	$1,050	$-2,853
Net assets or fund balances at beginning of year	$65,209	$67,108	$68,158
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$68,158	$65,305

	2011	2012	2013
Balance Sheets
Total assets	$67,108	$68,158	$65,305
Total liabilities	$0	$0	$0
Net assets or fund balances	$67,108	$68,158	$65,305

	2011	2012	2013
Other Information
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:	A community trust described in section 170(b)(1)(A)(vi)
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
Public Support	$149,676
Subtotal Support	$149,676
Gifts, grants, contributions, and membership fees received	$149,676
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support	$0
Total Support	$161,105
Public Support	$149,676
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$2,004
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income. Do not include gain or loss from the sale of capital assets	$9,425
Gross receipts from related activities, etc.	$9,905

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