Hungarian American Athletic Club in New Brunswick, New Jersey (NJ)

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Hungarian American Athletic Club
Employer Identification Number (EIN)221658046
Name of OrganizationHungarian American Athletic Club
Address233 Somerset St, New Brunswick, NJ 08901-1832
ActivitiesTraining in sports, Other school related activities, Other social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date05/1961
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$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$253,571
Amount of Income$285,948
Form 990 Revenue Amount$172,467


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $223,662
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$172,467
Contributions, Gifts, Grants and Other Similar Amounts$15,501
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,185
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$45,600
Gross rents (Real / Personal)$45,600 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$45,600 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$110,181
Gross sales of inventory, less returns and allowances$223,662
Less: cost of goods sold$113,481
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$160,903
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$160,903
Balance Sheet (for 2012)
Total assets$253,571
Total liabilities$0
Total net assets or fund balances$253,571
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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