Big Stone Gap Corporation in Big Stone Gap, Virginia (VA)

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Big Stone Gap Corporation
Employer Identification Number (EIN)541269523
Name of OrganizationBig Stone Gap Corporation
In Care of NameSHERRY WOLFE
AddressP O Box 236, Big Stone Gap, VA 24219
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBusiness League
Ruling Date01/1991
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$68,073
Amount of Income$16,335
Form 990 Revenue Amount$16,335


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Financial snapshot ($)

Revenue for 2010

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$16,335
Contributions, gifts, grants, and similar amounts received$10,000
Program service revenue including government fees and contracts$0
Membership dues and assessments$15,395
Investment income$0
Gain from sale of assets other than inventory$0
Net loss from gaming and fundraising events$-9,183
Gross income from gaming$0
Gross income from fundraising events$6,173
Less: direct expenses from gaming and fundraising events$15,356
Gross profit from sales of inventory$123
Gross sales of inventory, less returns and allowances$307
Less: cost of goods sold$184
Other revenue$0
Total expenses$25,199
Total net assets$68,073
Deficit for the year$-8,864
Net assets or fund balances at beginning of year$76,937
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$68,073
Total liabilities$0
Net assets or fund balances$68,073
Other Information (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2010)
The organization is not a private foundation because it is:Not provided
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