Downtown Development Corp Of Tucson Az in Tucson, Arizona (AZ)

Downtown Development Corp Of Tucson Az
Employer Identification Number (EIN)	860372238
Name of Organization	Downtown Development Corp Of Tucson Az
Address	PO BOX 42203, Tucson, AZ 85733-2203
Activities	Instruction and guidance on housing, Other inner city or community benefit activities
Subsection	Charitable Organization
Ruling Date	08/1980
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$500,000 to $999,999
Income	$1 to $9,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$673,576
Amount of Income	$175
Form 990 Revenue Amount	$8,517

Non-representatives - add comments:

Financial snapshot ($)

Assets at the end of 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$211	$211	$211
Contributions, gifts, grants, etc., received	$0
Interest on savings and temporary cash investments	$211
Dividends and interest from securities	$0
Gross rents	$0
Gross sales price for all assets	$0
Gross profit from sales of goods	$0
Other income	$0
Total expenses and disbursements	$6,048	$6,048	$6,048	$0
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$2,144
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$6,048	$6,048		$0
Contributions, gifts, grants paid	$0
Excess of revenue over expenses and disbursements	$-5,837
Net investment income		$0
Adjusted net income			$0

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$685,218	$685,218	$684,331	$684,331	$678,494	$678,494
Cash - non-interest-bearing	$10,454		$0		$0
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$0		$0		$0
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$0		$0		$0
Other assets			$100,000		$100,000
Total liabilities	$23,172		$23,405		$23,405
Mortgages and other notes payable	$0		$0		$0
Other liabilities			$23,172		$23,172
Total liabilities and net assets/fund balances	$662,046		$660,926		$655,089

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$0	$0
Net capital loss	$0	$0	$0

	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$46	$0	$0
Total credits and payments	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$0	$0
Overpayment		$0	$0
Amount to be credited to next year's estimated tax	$0	$0	$0

	2011	2012	2013
Statements Regarding Activities
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	Yes	No	No
Did any persons become substantial contributors during the tax year?		No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?	No	No	No
Agree to pay money or property to a government official?	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?		No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?		No	No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?	No	No	No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?	No	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$684,059	$642,179	$681,413
Net value of noncharitable-use assets		$57,848	$102,919
Minimum investment return	$9,202	$2,892	$5,146

	2011	2012	2013
Distributable Amount
Distributable amount	$0	$0	$0

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$0	$0	$0
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
The lesser of the adjusted net income or the minimum investment return	$0	$0	$0	$0	$0
Qualifying distributions made directly for active conduct of exempt activities	$0	$0	$0	$0	$0
Value of all assets	$0	$0	$0	$0	$0
Value of assets qualifying under section 4942(j)(3)(B)(i)	$0	$0	$0	$0	$0
2/3 of minimum investment return	$0	$0	$0	$0	$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)	$0	$0	$0	$0	$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)	$0	$0	$0	$0	$0
Gross investment income	$0	$0	$0	$0	$0

Supplementary Information (for 2013)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$211	$0
Dividends and interest from securities	$0	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

	Income	Expenses	Net
Unrelated Trade or Business Income (for 2009)
Total	$0	$0	$0
Gross receipts or sales less returns and allowances	$0	$0	$0
Cost of goods sold	$0	$0	$0
Gross profit	$0	$0	$0
Capital gain net income	$0	$0	$0
Net gain	$0	$0	$0
Capital loss deduction for trusts	$0	$0	$0
Income (loss) from partnerships and S corporations	$0	$0	$0
Rent income	$0	$0	$0
Unrelated debt-financed income	$0	$0	$0
Interest, annuities, royalties, and rents from controlled organizations	$0	$0	$0
Investment income of a section 501(c)(7), (9), or (17) organization	$0	$0	$0
Exploited exempt activity income	$0	$0	$0
Advertising income	$0	$0	$0
Other income	$0	$0	$0

Deductions Not Taken Elsewhere (for 2009)
Total deductions	$0
Compensation of officers, directors, and trustees	$0
Salaries and wages	$0
Repairs and maintenance	$0
Bad debts	$0
Interest	$0
Taxes and licenses	$0
Charitable contributions	$0
Depreciation	$0
Depletion	$0
Contributions to deferred compensation plans	$0
Employee benefit programs	$0
Excess exempt expenses	$0
Excess readership costs	$0
Other deductions	$0
Unrelated business taxable income	$-157,153
Unrelated business taxable income before net operating loss deduction	$0
Net operating loss deduction	$157,153
Unrelated business taxable income before specific deduction	$-157,153
Specific deduction	$0

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Downtown Development Corp Of Tucson Az to others? (optional)

Yes

Add photo of Downtown Development Corp Of Tucson Az (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.145.9.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Trees Please in Tucson, AZ
Widows-Widowers Support Group Inc in Tucson, AZ
B-26 Marauder Historical Society in Tucson, AZ
Tucson Lesbian & Gay Alliance in Tucson, AZ
Delta Sigma Theta Sorority, Mu Eta Chapter Univ Of Arizona in Tucson, AZ
Central American Education And Environmental Fund in Tucson, AZ
Youth Corp Of America Inc in Tucson, AZ
Spina Bifida Association Of South Ern Arizona in Tucson, AZ
Tmm Family Services Foundation Inc in Tucson, AZ
Church On The Street Tucson, Pastor Timothy Scott Booker Rvrnd in Tucson, AZ

Recently Added Reviews

Trees Please in Tucson, AZ

Widows-Widowers Support Group Inc in Tucson, AZ

B-26 Marauder Historical Society in Tucson, AZ

Tucson Lesbian & Gay Alliance in Tucson, AZ

Delta Sigma Theta Sorority, Mu Eta Chapter Univ Of Arizona in Tucson, AZ

Central American Education And Environmental Fund in Tucson, AZ

Youth Corp Of America Inc in Tucson, AZ

Spina Bifida Association Of South Ern Arizona in Tucson, AZ

Tmm Family Services Foundation Inc in Tucson, AZ

Church On The Street Tucson, Pastor Timothy Scott Booker Rvrnd in Tucson, AZ

Id	Name	Address	State	Established	Total Income
Other organizations in Arizona
1	Chapel Haven West Inc	1701 N Park Ave, Tucson, AZ 85719-3584	AZ	2008-07	$1,375,387
2	Childhelp Lifeline Empowerment Tr	4350 E Camelback Rd Ste F250, Phoenix, AZ 85018-8700	AZ	1995-05	$45,711
3	Cienega High School Band Boosters, White Michelle	PO BOX 754, Vail, AZ 85641-0754	AZ	2007-06	$65,392
4	Community Hospital Association Inc	520 Rose Ln, Wickenburg, AZ 85390-1447	AZ	1948-02	$22,913,751
5	Cooper Family Foundation	8912 E Pinnacle Peak Rd F9-663, Scottsdale, AZ 85255-3659	AZ	1998-04	$523,824
6	Covenant Health Network	3877 N 7th St Ste 240, Phoenix, AZ 85014-5075	AZ	1999-01	$2,223,204
7	Creative Women Of Pinnacle Peak	8711 E Pinnacle Peak Rd 244, Scottsdale, AZ 85255-3517	AZ	1991-11	$98,476
8	Dance Motion Performing Company Inc	3141 E Beardsley Rd Ste 110, Phoenix, AZ 85050-4624	AZ	1995-12	$264,797
9	Destiny Advanced Learning Center	798 E Prickly Pear Dr, Globe, AZ 85501-2395	AZ	2000-05	$2,709,088
10	Doves Incorporated	1366 E Thomas Rd Ste 108, Phoenix, AZ 85014-5739	AZ	2003-04	$219,173
11	Downtown Development Corp Of Tucson Az	PO BOX 42203, Tucson, AZ 85733-2203	AZ	1980-08	$175
12	Ecosa Institute	300 E Willis St, Prescott, AZ 86301-3110	AZ	1998-05	$209,864
13	Edge School Inc	2555 E 1st St, Tucson, AZ 85716-4152	AZ	1997-05	$2,141,544
14	Elderfriends A Foundation For Older Adults	1366 E Thomas Rd Ste 108, Phoenix, AZ 85014-5739	AZ	2001-06	$175,137
15	Achieve Human Services Inc, Dba The Yuma W O R C Center	3250a E 40th St, Yuma, AZ 85365-7748	AZ	1980-12	$6,101,237
16	Family Life Education Ministries Inc	4385 N 75th St Ste 201, Scottsdale, AZ 85251-3559	AZ	1971-12	$197,316
17	Fiesta Events Inc	7135 E Camelback Road, Scottsdale, AZ 85251-1262	AZ	1991-12	$1,057,437
18	Flinn Foundation	1802 N Central Ave, Phoenix, AZ 85004-1506	AZ	1982-04	$24,086,885
19	Gabriels Angels	727 E Bethany Home Rd, Phoenix, AZ 85014-2198	AZ	2001-01	$1,259,219
20	Gilbert Christian Schools Inc	3632 E Jasper Dr, Gilbert, AZ 85296-8200	AZ	1997-03	$5,275,200

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Downtown Development Corp Of Tucson Az and has no official or unofficial affiliation with Downtown Development Corp Of Tucson Az