Palm Springs Economic Development Corporation in Palm Springs, California (CA)

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Palm Springs Economic Development Corporation
Employer Identification Number (EIN)330683113
Name of OrganizationPalm Springs Economic Development Corporation
In Care of NamePaul Madsen Treasurer
AddressPO BOX 3205, Palm Springs, CA 92263-3205
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBusiness League
Ruling Date06/1997
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Tax Period12/2011
Assets$1 to $9,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1
Amount of Income$24,646
Form 990 Revenue Amount$22,866


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$22,866
Contributions, gifts, grants, and similar amounts received$21,800
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$20
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$1,046
Gross income from gaming$0
Gross income from fundraising events$2,826
Less: direct expenses from gaming and fundraising events$1,780
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$33,445
Total net assets$0
Deficit for the year$-10,579
Net assets or fund balances at beginning of year$10,579
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$1
Total liabilities$0
Net assets or fund balances$0
Other Information (for 2011)
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 2011)
The organization is not a private foundation because it is:Not provided
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1Palm Springs Regional Association Of Realtors4045 E Ramon Rd, Palm Springs, CA 92264-1231CA1989-04$639,683
2Palm Springs Chamber Of Commerce190 W Amado Rd, Palm Springs, CA 92262-5519CA1942-05$384,855
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4Palm Springs Christian School Inc, Desert Son-Shine Preschool & Kng1800 N Via Negocio Ste 3, Palm Springs, CA 92262-3581CA1985-05$377,533
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8Palm Springs Cultural Center2100 E Tahquitz Canyon Way, Palm Springs, CA 92262-7006CA2007-09$430,188
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10Palm Springs Desert Senior Golf Association74075 El Paseo Ste A16, Palm Desert, CA 92260-4145CA1974-01$19,071
11Palm Springs Economic Development CorporationPO BOX 3205, Palm Springs, CA 92263-3205CA1997-06$24,646
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13Palm Springs High School Academic Boosters Club Inc2401 E Baristo Rd, Palm Springs, CA 92262-7127CA1994-11$3,749
14Palm Springs High School Instrumental Band BoostersPO BOX 4983, Palm Springs, CA 92263-4983CA1996-03$281,184
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