Walton County Economic Development Council in Defuniak Springs, Florida (FL)

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Walton County Economic Development Council
Employer Identification Number (EIN)593040006
Name of OrganizationWalton County Economic Development Council
In Care of NameScarlett Phaneuf
Address95 Circle Drive, Defuniak Springs, FL 32435
ActivitiesAttracting new industry or retaining industry in an area, Community promotion
SubsectionChamber of Commerce
Ruling Date04/1992
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period2009
Assets$500,000 to $999,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$992,586
Amount of Income$964
Form 990 Revenue Amount$964


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Financial snapshot ($)

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$1,304
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,304
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$0
Statement of Functional Expenses (for 2012)
Total functional expenses$7,068
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$7,068
Balance Sheet (for 2012)
Total assets$949,434
Total liabilities$0
Total net assets or fund balances$949,434
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:Not provided
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