Regions Community Development Corporation in Birmingham, Alabama (AL)

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Regions Community Development Corporation
Employer Identification Number (EIN)581895555
Name of OrganizationRegions Community Development Corporation
Address1900 5th Ave N Ste Corp Tax, Birmingham, AL 35203-2610
ActivitiesLow and moderate income housing, Other housing activities, Other inner city or community benefit activities
SubsectionCivic League
Ruling Date10/1991
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$5,850
Amount of Income$1,737,400
Form 990 Revenue Amount$1,737,400


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Financial snapshot ($)

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$1,734,900
Contributions, Gifts, Grants and Other Similar Amounts$1,734,900
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$1,734,900
Compensation of current officers, directors, trustees, and key employees$4,500
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$1,730,400
Balance Sheet (for 2012)
Total assets$5,850
Total liabilities$0
Total net assets or fund balances$5,850
Retained earnings, endowment, accumulated income, or other funds$5,850
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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