Mount Vernon-Lee Chamber Of Commerce Inc in Alexandria, Virginia (VA)

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Mount Vernon-Lee Chamber Of Commerce Inc
Employer Identification Number (EIN)546052822
Name of OrganizationMount Vernon-Lee Chamber Of Commerce Inc
Address6821 Richmond Hwy, Alexandria, VA 22306-1706
ActivitiesFair, Industry trade shows, Business promotion (chamber of commerce, business league, etc.)
SubsectionChamber of Commerce
Ruling Date07/1958
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period01/2014
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$29,975
Amount of Income$190,545
Form 990 Revenue Amount$158,042


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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2011201220132014
Total revenue$105,734$160,177$165,318$158,042
Contributions, gifts, grants, and similar amounts received$580$1,668$140$0
Program service revenue including government fees and contracts$0$31,355$27,462$29,046
Membership dues and assessments$86,722$109,639$121,088$110,468
Investment income$338$163$206$4,957
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$18,094$17,352$16,422$13,571
Gross income from gaming$0$0$0$0
Gross income from fundraising events$78,226$27,690$32,474$46,074
Less: direct expenses from gaming and fundraising events$60,132$10,338$16,052$32,503
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$0$0$0$0
Total expenses$102,612$160,742$158,891$161,089
Total net assets$25,123$24,558$30,985$27,938
Excess/Deficit for the year$3,122$-565$6,427$-3,047
Net assets or fund balances at beginning of year$22,001$25,123$24,558$30,985
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$25,123$30,985$27,938
Balance Sheets
2011201220132014
Total assets$25,330$24,779$31,209$29,975
Total liabilities$207$221$224$2,037
Net assets or fund balances$25,123$24,558$30,985$27,938
Other Information
2011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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