Liberia Economic And Social Development Incorporated in Hollywood, Florida (FL)

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Liberia Economic And Social Development Incorporated
Employer Identification Number (EIN)592207401
Name of OrganizationLiberia Economic And Social Development Incorporated
AddressPO BOX 222738, Hollywood, FL 33022-2738
ActivitiesArea development, redevelopment of renewal, Other activity aimed t combating community deterioration, Attracting new industry or retaining industry in an area
SubsectionCharitable Organization
Ruling Date10/1982
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$823,357
Amount of Income$258,483
Form 990 Revenue Amount$258,483
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2012: $258,483 (it was $469,152 in 2011)
This organization: 

 $258,483
Other organizations performing similar types of work: 

 $914,408

Assets in 2012: $823,357 (it was $1,142,785 in 2011)
This organization: 

 $823,357
Other organizations performing similar types of work: 

 $2,572,607

Expenses in 2012: $364,812
This organization: 

 $364,812
Other organizations performing similar types of work: 

 $776,462

Income to expenses ratio in 2012: 0.7
Liberia Economic And Social Development Incorporated: 

 0.7
Other organizations performing similar types of work: 

 1.0

Number of employees in 2012: 3
This organization: 

 3
Other organizations performing similar types of work: 

 2

Grants share in income in 2012: 51.4%
Liberia Economic And Social Development Incorporated: 

 51.4%
Other organizations performing similar types of work: 

 0.3%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

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$258,483
Contributions, Gifts, Grants and Other Similar Amounts$132,867
Program Service Revenue$125,161
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$455
Statement of Functional Expenses (for 2012)
Total functional expenses$364,812
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$135,860
Payroll taxes$13,517
Professional fundraising services$1,997
Other$213,438
Balance Sheet (for 2012)
Total assets$823,357
Total liabilities$605,485
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$395,564
Unsecured notes and loans payable to unrelated third parties$0
Other$209,921
Total net assets or fund balances$217,872
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$1,374,583
Gifts, grants, contributions, and membership fees received$1,374,125
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$458
Gross receipts from related activities, etc.$824,206
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Habitat For Humanity Of Collier County Inc11145 Tamiami Trl E, Naples, FL 34113-7753FL1979-12$21,433,952
2Habitat For Humanity International Inc, Jacksonville Hfh Of2404 Hubbard St, Jacksonville, FL 32206-2911FL1987-01$13,771,765
3Sheltering Palms Foundation Inc9045 La Fontana Blvd Ste 105, Boca Raton, FL 33434-5640FL1998-01$12,254,438
4Habitat For Humanity International Inc, Charlotte County Hfh1750 Manzana Ave, Punta Gorda, FL 33950-6049FL1987-01$8,191,294
5Pensacola Habitat For Humanity Inc300 West Leonard Street, Pensacola, FL 32501-1406FL1982-10$7,729,474
6Shelter Solutions Inc1941 A1a 403, Indian Harbour Beach, FL 32937FL1991-11$5,610,150
7Everglades Community Association IncorporatedPO BOX 343529, Florida City, FL 33034-0529FL1984-10$5,024,095
8Emerald Coast Housing Ii Inc205 Brooks St Se Ste 201 # 201, Ft Walton Bch, FL 32548-5840FL1997-03$3,607,130
9Cordova Community Facilities Corporation205 Brooks St Se Ste 201, Ft Walton Bch, FL 32548-5840FL1997-03$3,177,640
10Florida Housing Corporation1615 Hollyhock Rd, Wellington, FL 33414FL1997-09$3,134,157
11Fairhaven Healthcare Center Inc35 Avco Rd, Haverhill, MA 01835-6936MA2007-11$15,699,503
12Reach Community Development Inc4150 Sw Moody Ave, Portland, OR 97239-4417OR1982-09$11,702,112
13Southlake Community Foundation Inc16554 Crossing Blvd Ste 2, Clermont, FL 34714-4830FL1992-01$2,990,711
14Reliance Gulfstream Inc1136 Se 3rd Ave, Ft Lauderdale, FL 33316-1110FL1999-07$150,000
15Woodside Housing Resource Foundation, Hall Prentice Ttee6820 St Augustine Road, Jacksonville, FL 32217-2818FL1992-03$12,000
16The Alliance For Affordable Housing Inc, Alliance For Sustainable Communities Inc11714 Plumosa Road, Tampa, FL 33618FL1993-08$9,745
17Emerald Coast Housing Corporation250 Brooks Street Suite 201, Fort Walton Beach, FL 32549FL1994-10$0
18Franklin County Community Develop- Ment And Land Trust CorporationP O Box 801, Eastpoint, FL 32328-0801FL2007-01$0
19Heartland Community Land Trust Inc501 S Commerce Ave, Sebring, FL 33870-3869FL2008-07$0
20South Florida Alliance For Humanity Inc401 East Las Olas Blvd Suite 800, Fort Lauderdale, FL 33301FL1993-04$0
Number of organizations performing similar types of work
Alaska2
Alabama2
Arkansas9
Arizona8
California114
Colorado16
Connecticut18
District of Columbia3
Delaware5
Florida41
Georgia22
Hawaii2
Iowa7
Idaho2
Illinois33
Indiana13
Kansas4
Kentucky12
Louisiana13
Massachusetts39
Maryland21
Maine7
Michigan31
Minnesota30
Missouri12
Mississippi3
Montana3
North Carolina23
North Dakota1
Nebraska3
New Hampshire7
New Jersey14
New Mexico3
Nevada6
New York110
Ohio32
Oklahoma2
Oregon11
Pennsylvania33
Rhode Island6
South Carolina4
South Dakota2
Tennessee22
Texas44
Utah6
Virginia25
Vermont8
Washington15
Wisconsin17
West Virginia7
International2
Total875

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