Greater Bridgeton Area Chamber Of Commerce Foundation Inc in Bridgeton, New Jersey (NJ)

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Greater Bridgeton Area Chamber Of Commerce Foundation Inc
Employer Identification Number (EIN)161643462
Name of OrganizationGreater Bridgeton Area Chamber Of Commerce Foundation Inc
In Care of NameAnthony Stanzione
AddressPo Box 1063 76 Magnolia Avenue, Bridgeton, NJ 08302
SubsectionCharitable Organization
Ruling Date01/2005
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$118,245
Amount of Income$28,719
Form 990 Revenue Amount$16,221
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


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Amount of income in 2012: $28,719 (it was $137,173 in 2013)
This organization: 

 $28,719
Other organizations performing similar types of work: 

 $71,328

Assets in 2012: $118,245 (it was $116,959 in 2013)
Greater Bridgeton Area Chamber Of Commerce Foundation Inc: 

 $118,245
Other organizations performing similar types of work: 

 $50,799

Expenses in 2013: $23,115
This organization: 

 $23,115
Other organizations performing similar types of work: 

 $47,311

Income to expenses ratio in 2013: 1.2
Greater Bridgeton Area Chamber Of Commerce Foundation Inc: 

 1.2
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 91.8%
Greater Bridgeton Area Chamber Of Commerce Foundation Inc: 

 91.8%
Other organizations performing similar types of work: 

 7.7%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$137,173
Contributions, gifts, grants, and similar amounts received$125,981
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$4
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$2,388
Gross income from gaming$6,578
Gross income from fundraising events$15,376
Less: direct expenses from gaming and fundraising events$19,566
Gross profit/loss from sales of inventory$0
Other revenue$8,800
Total expenses$23,115
Total net assets$116,959
Excess/Deficit for the year$114,058
Net assets or fund balances at beginning of year$2,901
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$116,959
Balance Sheets
2013
Total assets$116,959
Total liabilities$0
Net assets or fund balances$116,959
Other Information
2013
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 activitiesNo
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: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)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$127,565
Subtotal Support$127,565
Gifts, grants, contributions, and membership fees received$127,565
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$127,590
Public Support$127,565
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$25
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$0
Gross receipts from related activities, etc.$0
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Number of organizations performing similar types of work
Alaska27
Alabama174
Arkansas88
Arizona257
California1,561
Colorado295
Connecticut213
District of Columbia96
Delaware58
Florida937
Georgia405
Hawaii58
Iowa132
Idaho53
Illinois567
Indiana231
Kansas125
Kentucky138
Louisiana149
Massachusetts427
Maryland313
Maine54
Michigan422
Minnesota256
Missouri285
Mississippi53
Montana52
North Carolina382
North Dakota40
Nebraska93
New Hampshire76
New Jersey563
New Mexico62
Nevada84
New York1,186
Ohio529
Oklahoma149
Oregon175
Pennsylvania493
Rhode Island56
South Carolina163
South Dakota36
Tennessee218
Texas929
Utah116
Virginia393
Vermont41
Washington305
Wisconsin211
West Virginia59
Wyoming40
International30
Total13,855

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