Glades County Economic Development Council Inc in Moore Haven, Florida (FL)

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Glades County Economic Development Council Inc
Employer Identification Number (EIN)650964989
Name of OrganizationGlades County Economic Development Council Inc
AddressPO BOX 1003, Moore Haven, FL 33471-1003
SubsectionChamber of Commerce
Ruling Date06/2002
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$54,162
Amount of Income$107,690
Form 990 Revenue Amount$107,454
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2013: $107,690 (it was $102,329 in 2012)
Glades County Economic Development Council Inc: 

 $107,690
Other organizations performing similar types of work: 

 $88,861

Assets in 2013: $54,162 (it was $42,835 in 2012)
Glades County Economic Development Council Inc: 

 $54,162
Other organizations performing similar types of work: 

 $51,691

Expenses in 2013: $94,400
Glades County Economic Development Council Inc: 

 $94,400
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 49.8%
This organization: 

 49.8%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$88,325$99,412$107,454
Contributions, gifts, grants, and similar amounts received$44,560$47,310$53,565
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$24,979$25,570$38,375
Investment income$0$235$3
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$18,786$26,297$15,511
Gross income from gaming$0$0$0
Gross income from fundraising events$21,685$29,214$15,747
Less: direct expenses from gaming and fundraising events$2,899$2,917$236
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$89,227$100,611$94,400
Total net assets$42,307$41,108$54,162
Excess/Deficit for the year$-902$-1,199$13,054
Net assets or fund balances at beginning of year$43,209$42,307$41,108
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$41,108$54,162
Balance Sheets
201120122013
Total assets$42,462$42,835$54,162
Total liabilities$155$1,727$0
Net assets or fund balances$42,307$41,108$54,162
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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
1Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance838 Granby St, Norfolk, VA 23510-2051VA2008-09$17,149,516
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Nassau-Paradise Island Promotion Board Ltd1200 S Pine Island Rd Ste 700, Plantation, FL 33324-4441FL2010-02$20,138,939
5Tampa Hillsborough Economic Development Corporation101 E Kennedy Blvd Ste 1750, Tampa, FL 33602-3648FL2010-04$2,739,193
6Safety Net Hospital Alliance Of Florida Inc2627 Mitcham Dr, Tallahassee, FL 32308-5404FL2006-09$1,880,964
7Swimwear Association Of Florida Inc8900 Sw 117th Ave Ste C205, Miami, FL 33186-2185FL2003-12$1,431,289
8Defined Contribution Institutional Investment Association120 Date Palm Dr, Jupiter, FL 33458-2802FL2011-06$1,115,070
9Team Volusia Economic Development Corporation, Team Volusia EdcOne Daytona Blvd Ste 240, Daytona Beach, FL 32114-1252FL2011-09$825,890
10Bradenton Area Economic Development Corporation4215 Concept Court, Bradenton, FL 34211-4910FL2012-07$808,452
11Tampa Bay Builders Association Inc512 E Kennedy Blvd, Tampa, FL 33602-4909FL1955-07$807,154
12Delray Beach Downtown Marketing Cooperative140 Ne 1st St, Delray Beach, FL 33444-3709FL2012-09$766,680
13American Fair Credit Council100 West Cypress Creek Road, Fort Lauderdale, FL 33309-2181FL2010-03$635,015
14Economic Development Alliance Of Bay County Inc, Eda Of Bay County1003 Jenks Ave, Panama City, FL 32401-2474FL2012-03$602,360
15We Are Golf Coalition, We Are Golf1 World Golf Pl, St Augustine, FL 32092-2724FL2011-05$530,134
16Ceo Business Alliance825 Ballough Rd Ste 420, Daytona Beach, FL 32114-2265FL2012-04$525,000
17Personal Insurance Federation Of Florida Inc215 South Monroe Street, Tallahassee, FL 32301-1839FL2011-11$482,791
18Motor Vehicle Ancillary Products Association IncPO BOX 11247, Tallahassee, FL 32302-3247FL2012-03$452,797
19Us Super Yacht Association Inc757 Se 17th St Cswy Ste 662, Fort Lauderdale, FL 33316-2960FL2008-07$433,820
20Guaranteed Asset Protection Alliance IncPO BOX 11247, Tallahassee, FL 32302-3247FL2014-04$431,663
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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