Hobson City Community And Economic Development Corporation Inc in Oxford, Alabama (AL)

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Hobson City Community And Economic Development Corporation Inc
Employer Identification Number (EIN)261628644
Name of OrganizationHobson City Community And Economic Development Corporation Inc
In Care of NameGloria Newton
AddressP O Box 3304, Oxford, AL 36203
SubsectionCharitable Organization
Ruling Date11/2008
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$42,481
Amount of Income$70,480
Form 990 Revenue Amount$70,480
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Rural Development


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Amount of income in 2013: $70,480 (it was $73,273 in 2012)
Hobson City Community And Economic Development Corporation Inc: 

 $70,480
Other organizations performing similar types of work: 

 $106,567

Assets in 2013: $42,481 (it was $71,518 in 2012)
This organization: 

 $42,481
Other organizations performing similar types of work: 

 $100,623

Expenses in 2012: $44,236
This organization: 

 $44,236
Other organizations performing similar types of work: 

 $113,670

Income to expenses ratio in 2012: 1.6
This organization: 

 1.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 13.3%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$73,273
Contributions, gifts, grants, and similar amounts received$73,273
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$44,236
Total net assets$71,518
Excess for the year$29,037
Net assets or fund balances at beginning of year$42,481
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$71,518
Total liabilities$0
Net assets or fund balances$71,518
Other Information (for 2012)
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 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$143,675
Gifts, grants, contributions, and membership fees received$143,675
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Virginia Coalfield Coalition IncPO BOX 548, Lebanon, VA 24266-0548VA2000-02$7,880,145
2Technology Ventures Corporation1155 University Blvd Se, Albuquerque, NM 87106-4320NM1996-01$2,602,426
3Rural Development Corp6140 Mays Landing Rd, Vineland, NJ 08361-7651NJ1976-07$2,316,090
4Rural Consumer Services CorporationPO BOX 826, Shallotte, NC 28459-0826NC2000-08$1,660,845
5Kurdistan Regional Government -Liaison Office - Usa1532 16th St Nw, Washington, DC 20036-1402DC2013-08$1,610,542
6Vermont Council On Rural Development IncPO BOX 1384, Montpelier, VT 05601-1384VT1998-03$1,333,733
7Rural Development Foundation111 W Main St, Antlers, OK 74523-2029OK2003-05$1,055,000
8Southern Arizona Land Trust Inc1700 E Fort Lowell Rd Ste 102, Tucson, AZ 85719-2395AZ2009-04$923,231
9Connect Si Foundation Incorporated3000 W Deyoung St 800-B, Marion, IL 62959-5558IL2009-09$675,314
10South Carolina Equine Promotion Foundation IncPO BOX 2174, Camden, SC 29020-8003SC2009-05$603,458
11Chi Ishobak IncPO BOX 117, Dowagiac, MI 49047-0117MI2012-03$585,600
12South Eastern Development Foundation500 N Western Ave Ste 100, Sioux Falls, SD 57104-2017SD2002-06$574,665
13St John Community Development Corporation119 Pender St E, Wilson, NC 27893-4265NC2000-01$564,288
14Daviess Revolving Loan CorporationPO BOX 191, Washington, IN 47501-0191IN2014-10$513,302
15Southwest Tribal Fisheries Commission IncPO BOX 190, Mescalero, NM 88340-0190NM2008-04$452,608
16Florida Blueberry Festival Inc201 Howell Ave, Brooksville, FL 34601-2042FL2011-05$431,851
17Hobson City Community And Economic Development Corporation IncP O Box 3304, Oxford, AL 36203AL2008-11$70,480
18Center For Development Of Community Assets Inc2369 Houston Windle Rd, Aliceville, AL 35442-5004AL2002-05$0
19Monroeville Monroe County Community Development Corporation15 N Mount Pleasant Ave, Monroeville, AL 36460AL2012-01$0
20Your-Town Alabama Inc2112 11th Avenue South Suite 541, Birmingham, AL 35205AL2002-06$0
Number of organizations performing similar types of work
Alaska10
Alabama4
Arkansas7
Arizona4
California16
Colorado11
Connecticut2
District of Columbia6
Florida10
Georgia11
Hawaii3
Iowa12
Idaho10
Illinois11
Indiana13
Kansas3
Kentucky17
Louisiana7
Massachusetts5
Maryland4
Maine3
Michigan8
Minnesota10
Missouri13
Mississippi7
Montana8
North Carolina21
North Dakota9
Nebraska10
New Hampshire2
New Jersey3
New Mexico14
Nevada3
New York11
Ohio15
Oklahoma4
Oregon10
Pennsylvania10
Rhode Island1
South Carolina8
South Dakota9
Tennessee7
Texas25
Utah2
Virginia20
Vermont3
Washington12
Wisconsin4
West Virginia10
Wyoming4
International1
Total433

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