New London United Inc in Stonington, Connecticut (CT)

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New London United Inc
Employer Identification Number (EIN)454866782
Name of OrganizationNew London United Inc
In Care of NameScott Bates
Address118 Water St, Stonington, CT 06378-1322
SubsectionSocial Welfare Organization
Ruling Date08/2013
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$20,374
Amount of Income$25,025
Form 990 Revenue Amount$25,025
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2013: $25,025
This organization: 

 $25,025
Other organizations performing similar types of work: 

 $141,217

Assets in 2013: $20,374
New London United Inc: 

 $20,374
Other organizations performing similar types of work: 

 $121,026

Expenses in 2013: $4,651
This organization: 

 $4,651
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2013: 5.4
New London United Inc: 

 5.4
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot for 2013 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$25,025
Contributions, gifts, grants, and similar amounts received$25,025
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$4,651
Total net assets$20,374
Excess/Deficit for the year$20,374
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$20,374
Balance Sheets
2013
Total assets$20,374
Total liabilities$0
Net assets or fund balances$20,374
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ventura County Community Development Corporation2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813CA2003-05$5,683,551
2Metrohartford Alliance Inc31 Pratt St, Hartford, CT 06103-1602CT2002-03$4,011,534
3Greater Hartford Business Development Center Inc15 Lewis Street, Hartford, CT 06103-2502CT1980-12$920,784
4Connecticut Center For A New Economy Inc425 College Street, New Haven, CT 06511-6667CT2000-08$214,602
5Northeast Neighborhood Partners Inc60 Love Ln, Hartford, CT 06112-1614CT2011-03$213,425
6Community Development Initiatives Foundation Inc166 Capitol Ave, Hartford, CT 06106-1621CT2010-06$118,766
7Grand Avenue Village Association Inc34 Castle St, New Haven, CT 06513CT2004-10$112,835
8New London United Inc118 Water St, Stonington, CT 06378-1322CT2013-08$25,025
9Stamford West Side Neighborhoodrevitalization Zone Inc174 Richmond Hill Ave, Stamford, CT 06902-5629CT2008-08$17,525
10University Park Inc200 Bloomfield Avenue, West Hartford, CT 06117CT2014-09$1,400
11Black Rock Community Development Corporation2470 Fairfield Ave, Bridgeport, CT 06605-2647CT2001-03$0
12Dixwell Pastors For Economic Developement246 Dixwell Ave, New Haven, CT 06511-3418CT2002-09$0
13Faith Revival Community Development Corporation86 Sylvan Ave, New Haven, CT 06519-1023CT2005-12$0
14Germinal Fund153 Riversville Rd, Greenwich, CT 06831-3629CT2013-08$0
15Greater Danbury Coalition For A Community United Inc80 Canterbury Ln, Ridgefield, CT 06877-1102CT1995-12$0
16Hebron Community Development Corporation18 Park Ave, Meriden, CT 06450-3312CT2014-04$0
17North East Revitalization Association Inc2621 Main St, Hartford, CT 06120-1905CT2004-02$0
18North Hartford Strategic Network IncUconn School Of Law 35 Elizabeth Street K202, Hartford, CT 06105CT2009-01$0
19Thread City Development IncPO BOX 1257, Willimantic, CT 06226CT2010-12$0
20Westport Downtown 2020 Corporation230 North Ave, Westport, CT 06880CT2014-08$0
Number of organizations performing similar types of work
Alaska2
Alabama36
Arkansas9
Arizona16
California121
Colorado26
Connecticut22
District of Columbia16
Delaware6
Florida53
Georgia54
Hawaii10
Iowa18
Idaho7
Illinois68
Indiana30
Kansas9
Kentucky18
Louisiana32
Massachusetts22
Maryland45
Maine10
Michigan54
Minnesota10
Missouri35
Mississippi17
Montana9
North Carolina65
North Dakota5
Nebraska6
New Hampshire8
New Jersey38
New Mexico14
Nevada6
New York135
Ohio94
Oklahoma18
Oregon18
Pennsylvania93
Rhode Island2
South Carolina34
South Dakota10
Tennessee36
Texas74
Utah5
Virginia30
Vermont9
Washington29
Wisconsin30
West Virginia14
Wyoming3
International7
Total1,538

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