South Carolina Insurance News Service in Columbia, South Carolina (SC)

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South Carolina Insurance News Service
Employer Identification Number (EIN)570641599
Name of OrganizationSouth Carolina Insurance News Service
Address240 Stoneridge Dr Ste 110, Columbia, SC 29210-8013
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Other business or professional group
SubsectionBusiness League
Ruling Date02/1977
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$229,568
Amount of Income$237,597
Form 990 Revenue Amount$237,597


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$237,597
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$235,550
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,047
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$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$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$163,202
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$100,258
Payroll taxes$9,109
Professional fundraising services$0
Other$53,835
Balance Sheet (for 2011)
Total assets$229,568
Total liabilities$13,842
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$13,842
Total net assets or fund balances$215,726
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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