Gilroy Downtown Development Corp in Gilroy, California (CA)
Table of contents:
| Gilroy Downtown Development Corp | |
| Employer Identification Number (EIN) | 943057869 |
| Name of Organization | Gilroy Downtown Development Corp |
| Address | PO BOX 2310, Gilroy, CA 95021-2310 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code |
| Subsection | Charitable Organization |
| Ruling Date | 06/1988 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $119,546 |
| Amount of Income | $74,025 |
| Form 990 Revenue Amount | $49,578 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $65,039 | $38,032 | $49,578 |
| Contributions, gifts, grants, and similar amounts received | $45,412 | $20,880 | $34,000 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $578 | $423 | $303 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $19,049 | $16,729 | $15,275 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $48,559 | $42,383 | $39,722 |
| Less: direct expenses from gaming and fundraising events | $29,510 | $25,654 | $24,447 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $18,490 | $99,862 | $117,328 |
| Total net assets | $248,366 | $186,536 | $118,786 |
| Excess/Deficit for the year | $46,549 | $-61,830 | $-67,750 |
| Net assets or fund balances at beginning of year | $201,817 | $248,366 | $186,536 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $186,536 | $118,786 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $248,561 | $186,776 | $119,546 |
| Total liabilities | $195 | $240 | $760 |
| Net assets or fund balances | $248,366 | $186,536 | $118,786 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $104,415 |
| Subtotal | $104,415 |
| Gifts, grants, contributions, and membership fees received | $104,415 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $111,370 |
| Public support | $104,415 |
| Subtotal | $6,955 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $6,955 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in California | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Gill Creek Mutual Water Co | PO BOX 655, Geyserville, CA 95441-0655 | CA | 1964-08 | $88,804 |
| 2 | Gill Family Charitable Foundation | 3718 Dellvale Pl, Encino, CA 91436-4146 | CA | 1998-03 | $118,528 |
| 3 | Gillespie Field Eagles Inc | 458 N Cuyamaca St, El Cajon, CA 92020-3012 | CA | 2001-09 | $17,097 |
| 4 | Gillian Sabet Memorial Foundation Inc | 31852 Coast Highway, Laguna Beach, CA 92651-6764 | CA | 2005-11 | $811 |
| 5 | Gilmorian Development | 1740 W 127th St, Los Angeles, CA 90047-5258 | CA | 2005-01 | $1,200 |
| 6 | Gilo Family Foundation | 120 N El Camino Real, San Mateo, CA 94401-2705 | CA | 1995-03 | $2,076 |
| 7 | Gilo Family Supporting Foundation | 121 Steuart Street, San Francisco, CA 94105-1236 | CA | 2000-01 | $12 |
| 8 | Gilroy Affordable Housing Corporation | PO BOX 62, Keene, CA 93531-0062 | CA | 2002-05 | $1,847,608 |
| 9 | Gilroy Chamber Of Commerce | 7471 Monterey St, Gilroy, CA 95020-5823 | CA | 1962-12 | $726,972 |
| 10 | Gilroy Citizenship-Educational Programs | PO BOX 1220, Gilroy, CA 95021-1220 | CA | 2000-08 | $8,750 |
| 11 | Gilroy Downtown Development Corp | PO BOX 2310, Gilroy, CA 95021-2310 | CA | 1988-06 | $74,025 |
| 12 | Gilroy Drug Abuse Prevention Council | 7351 Rosanna St, Gilroy, CA 95020-6141 | CA | 1996-11 | $16,429 |
| 13 | Gilroy Economic Development Corporation | 7471 Monterey St, Gilroy, CA 95020-5823 | CA | 1996-11 | $280,515 |
| 14 | Gilroy Foundation | PO BOX 774, Gilroy, CA 95021-0774 | CA | 1986-09 | $5,445,410 |
| 15 | Gilroy Gators | 777 1st St Pmb 183, Gilroy, CA 95020-4918 | CA | 1985-12 | $126,166 |
| 16 | Gilroy Grassland Wildlife Foundation | PO BOX 1990, Gilroy, CA 95021-1990 | CA | 2000-09 | $74,775 |
| 17 | Gilroy High School Band Color Guard Boosters, Ghs Band Boosters | 777 First Street Pmb 234, Gilroy, CA 95020 | CA | 1994-06 | $23,294 |
| 18 | Gilroy High School Qurterback Club Inc | PO BOX 1664, Gilroy, CA 95021-1664 | CA | 1983-08 | $59,457 |
| 19 | Gilroy Hispanic Chamber Of Commerce | 7393 Monterey St, Gilroy, CA 95020-6923 | CA | 1986-10 | $130,192 |
| 20 | Gilroy Legion Hall Association | PO BOX 343, Gilroy, CA 95021-0343 | CA | 1950-09 | $26,972 |
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