Lake Champlain Islands Chamber Of Commerce Inc in North Hero, Vermont (VT)

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Lake Champlain Islands Chamber Of Commerce Inc
Employer Identification Number (EIN)030231757
Name of OrganizationLake Champlain Islands Chamber Of Commerce Inc
AddressPO BOX 213, North Hero, VT 05474-0213
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionChamber of Commerce
Ruling Date03/1992
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2010
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$181,824
Amount of Income$192,637
Form 990 Revenue Amount$179,326


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$150,342
Contributions, gifts, grants, and similar amounts received$80,305
Program service revenue including government fees and contracts$19,097
Membership dues and assessments$32,934
Investment income$78
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$896
Gross income from gaming$0
Gross income from fundraising events$19,687
Less: direct expenses from gaming and fundraising events$18,791
Gross profit from sales of inventory$0
Other revenue$17,032
Total expenses$170,039
Total net assets$37,724
Deficit for the year$-19,697
Net assets or fund balances at beginning of year$57,421
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$160,904
Total liabilities$123,180
Net assets or fund balances$37,724
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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