Moccasin Flying Club Inc in Chattanooga, Tennessee (TN)

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Moccasin Flying Club Inc
Employer Identification Number (EIN)736050196
Name of OrganizationMoccasin Flying Club Inc
In Care of NameDick Scales
AddressPO BOX 25421, Chattanooga, TN 37422-5421
ActivitiesOther recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date01/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$111,333
Amount of Income$107,468
Form 990 Revenue Amount$65,351


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Financial snapshot ($)

Revenue 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$48,317
Contributions, Gifts, Grants and Other Similar Amounts$41,796
Program Service Revenue$75,021
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-68,500
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $150,000
Less: cost or other basis and sales expenses (Securities / Other)$0 / $218,500
Gain or (loss) (Securities / Other)$0 / $-68,500
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$83,730
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$83,730
Balance Sheet (for 2011)
Total assets$183,019
Total liabilities$208,378
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$208,378
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$-25,359
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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