Palacios Chamber Of Commerce in Palacios, Texas (TX)
Table of contents:
| Palacios Chamber Of Commerce | |
| Employer Identification Number (EIN) | 740821803 |
| Name of Organization | Palacios Chamber Of Commerce |
| Address | 420 Main St, Palacios, TX 77465-5464 |
| Activities | Business promotion (chamber of commerce, business league, etc.) |
| Subsection | Chamber of Commerce |
| Ruling Date | 02/1962 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $64,208 |
| Amount of Income | $81,302 |
| Form 990 Revenue Amount | $43,905 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $42,325 | $68,896 | $43,905 |
| Contributions, gifts, grants, and similar amounts received | $15,030 | $15,000 | $5,000 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $11,427 | $12,333 | $10,560 |
| Investment income | $51 | $54 | $21 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $11,960 | $36,893 | $23,719 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $46,120 | $71,030 | $61,116 |
| Less: direct expenses from gaming and fundraising events | $34,160 | $34,137 | $37,397 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $3,857 | $4,616 | $4,605 |
| Total expenses | $39,497 | $44,949 | $60,086 |
| Total net assets | $56,431 | $80,378 | $64,197 |
| Excess/Deficit for the year | $2,828 | $23,947 | $-16,181 |
| Net assets or fund balances at beginning of year | $53,603 | $56,431 | $80,378 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $56,431 | $80,378 | $64,197 |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $56,441 | $80,394 | $64,208 |
| Total liabilities | $0 | $16 | $11 |
| Net assets or fund balances | $56,431 | $80,378 | $64,197 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | 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 | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | 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 | No |
| Total amount involved | $0 | $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 | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| Other organizations in Texas | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Painting & Decorating Contractors Of America, Texas Council | PO BOX 224872, Dallas, TX 75222-4872 | TX | 1974-01 | $10,655 |
| 2 | Paisano Baptist Assembly | PO BOX 973, Alpine, TX 79831-0973 | TX | 1978-03 | $522,761 |
| 3 | Paisano Educational Trust, The Paisano | 14547 Roadrunner Way, San Antonio, TX 78249-1515 | TX | 1989-10 | $1,557,938 |
| 4 | Paisano Foundation | 15342 Caravel Dr, Crp Christi, TX 78418-6310 | TX | 1974-06 | $1 |
| 5 | Paisano Foundation Inc | 6725 Hwy 380, Snyder, TX 79549 | TX | 2007-03 | $559,687 |
| 6 | Paisanos Al Rescate | 1020 Via De La Paz, El Paso, TX 79912 | TX | 2005-10 | $33,425 |
| 7 | Palacio Del Sol Ii Inc | 2300 W Commerce St Ste 200, San Antonio, TX 78207-3840 | TX | 2000-03 | $55,848 |
| 8 | Palacios Area Historical Association, City By The Sea Museum | 401 Commerce Street, Palacios, TX 77465 | TX | 1984-07 | $113,156 |
| 9 | Palacios Cemetery Association | PO BOX 1119, Palacios, TX 77465-1119 | TX | 1956-06 | $97,596 |
| 10 | Palacios Chamber Foundation | 420 Main St, Palacios, TX 77465-5464 | TX | 2008-03 | $15,689 |
| 11 | Palacios Chamber Of Commerce | 420 Main St, Palacios, TX 77465-5464 | TX | 1962-02 | $81,302 |
| 12 | Palacios Columbus Club | P O Box 821, Palacios, TX 77465 | TX | $24,655 | |
| 13 | Palacios Community Foundation | PO BOX 221, Blessing, TX 77419-0221 | TX | 1999-04 | $689 |
| 14 | Palacios Community Medical Center | 311 Green Ave, Palacios, TX 77465-3213 | TX | 2002-02 | $6,495,080 |
| 15 | Palacios Golf Association | PO BOX 959, Palacios, TX 77465-0959 | TX | 2006-03 | $98,593 |
| 16 | Palacios Library Incorporated | 326 Main St, Palacios, TX 77465-5462 | TX | 1962-05 | $194,825 |
| 17 | Palacios Medical Foundation | PO BOX 560, Palacios, TX 77465-0560 | TX | 1974-09 | $248,902 |
| 18 | Palacios Recreation Association Inc | PO BOX 515, Palacios, TX 77465-0515 | TX | 1960-11 | $36,668 |
| 19 | Paladin Community Services, Diamonds In The Rough | PO BOX 55, Camp Wood, TX 78833-0055 | TX | 1981-01 | $78,047 |
| 20 | Palczer Family Trust | 801 Shady Brooklyn, Fairview, TX 75069 | TX | 1983-08 | $72 |
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