Corvette Marque Club Of Seattle in Kirkland, Washington (WA)

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Corvette Marque Club Of Seattle
Employer Identification Number (EIN)911153621
Name of OrganizationCorvette Marque Club Of Seattle
AddressPO BOX 534, Kirkland, WA 98083-0534
ActivitiesOther recreational activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date04/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2015
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$26,835
Amount of Income$32,617
Form 990 Revenue Amount$15,837


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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$18,171$18,505$8,547
Contributions, gifts, grants, and similar amounts received$5,040$5,040$5,040
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$7,086$8,106$5,883
Investment income$1$40$8
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$6,492$5,206$-1,666
Gross income from gaming$26,718$31,901$20,298
Gross income from fundraising events$0$0$0
Less: direct expenses from gaming and fundraising events$20,227$26,695$21,964
Gross profit/loss from sales of inventory$-448$112$-717
Gross sales of inventory, less returns and allowances$3,406$3,934$2,917
Less: cost of goods sold$3,854$3,822$3,635
Other revenue$0$0$0
Total expenses$14,121$16,028$11,430
Total net assets$25,147$27,618$24,735
Excess/Deficit for the year$4,049$2,477$-2,883
Net assets or fund balances at beginning of year$21,520$25,147$27,618
Other changes in net assets or fund balances$-422$-6$0
Net assets or fund balances at end of year$27,618$24,735
Balance Sheets
201220132014
Total assets$25,147$27,618$24,735
Total liabilities$0$0$0
Net assets or fund balances$25,147$27,618$24,735
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$715$462$375
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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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