Community And Economic Development Foundation Inc in Gibson City, Illinois (IL)

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Community And Economic Development Foundation Inc
Employer Identification Number (EIN)371336454
Name of OrganizationCommunity And Economic Development Foundation Inc
In Care of NameTom McCabe Treasurer
Address402 N Sangamon Ave Po Box 425, Gibson City, IL 60936
SubsectionEducational Organization, Charitable Organization
Ruling Date09/2002
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 Period2012
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$103,897
Amount of Income$15,698
Form 990 Revenue Amount$15,698
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Rural Development


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Amount of income in 2012: $15,698 (it was $0 in 2012)
This organization: 

 $15,698
Other organizations performing similar types of work: 

 $106,567

Assets in 2012: $103,897 (it was $0 in 2012)
This organization: 

 $103,897
Other organizations performing similar types of work: 

 $100,623

Expenses in 2011: $22,391
This organization: 

 $22,391
Other organizations performing similar types of work: 

 $113,670

Income to expenses ratio in 2011: 0.7
Community And Economic Development Foundation Inc: 

 0.7
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2011: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 13.3%

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$15,698
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$14,800
Investment income$898
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$22,391
Total net assets$103,897
Deficit for the year$-6,693
Net assets or fund balances at beginning of year$110,590
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$103,897
Total liabilities$0
Net assets or fund balances$103,897
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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 2011)
2007 - 2011 Total
Total Support$117,546
Gifts, grants, contributions, and membership fees received$104,425
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$13,121
Gross receipts from related activities, etc.$15,698
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Virginia Coalfield Coalition IncPO BOX 548, Lebanon, VA 24266-0548VA2000-02$7,880,145
2Technology Ventures Corporation1155 University Blvd Se, Albuquerque, NM 87106-4320NM1996-01$2,602,426
3Rural Development Corp6140 Mays Landing Rd, Vineland, NJ 08361-7651NJ1976-07$2,316,090
4Rural Consumer Services CorporationPO BOX 826, Shallotte, NC 28459-0826NC2000-08$1,660,845
5Kurdistan Regional Government -Liaison Office - Usa1532 16th St Nw, Washington, DC 20036-1402DC2013-08$1,610,542
6Vermont Council On Rural Development IncPO BOX 1384, Montpelier, VT 05601-1384VT1998-03$1,333,733
7Rural Development Foundation111 W Main St, Antlers, OK 74523-2029OK2003-05$1,055,000
8Southern Arizona Land Trust Inc1700 E Fort Lowell Rd Ste 102, Tucson, AZ 85719-2395AZ2009-04$923,231
9Connect Si Foundation Incorporated3000 W Deyoung St 800-B, Marion, IL 62959-5558IL2009-09$675,314
10South Carolina Equine Promotion Foundation IncPO BOX 2174, Camden, SC 29020-8003SC2009-05$603,458
11City Of Refuge Community Development Corporation2201 Sw Adams St, Peoria, IL 61602-1803IL2002-08$219,501
12Southernmost Illinois Delta Empowerment Zone330 Enterprise Ln Ste 110, Mounds, IL 62964-1161IL2000-02$196,525
13Mt Carmel Area Industrial Development Committee528 N Market Street, Mt Carmel, IL 62863IL2009-06$185,989
14Lawrenceville-Vincennes Airport Development Foundation IncRr 4 Box 195, Lawrenceville, IL 62439-9532IL2004-08$42,593
15San Antonio Guaracha Nfp1837 S Michigan Ave, Chicago, IL 60616-1601IL2003-06$29,908
16Sainte Marie FoundationPo Box 186, Sainte Marie, IL 62459IL2007-12$18,888
17Community And Economic Development Foundation Inc402 N Sangamon Ave Po Box 425, Gibson City, IL 60936IL2002-09$15,698
18New Covenant Community Development Corp1111 S Homan, Chicago, IL 60624-4346IL2014-07$11,303
19Knox County Rural Improvement Foundation107 E Main, Yates City, IL 61572IL1998-04$12
20Lena Economic Development Corporation102 West Main Street, Lena, IL 61048IL2009-02$0
Number of organizations performing similar types of work
Alaska10
Alabama4
Arkansas7
Arizona4
California16
Colorado11
Connecticut2
District of Columbia6
Florida10
Georgia11
Hawaii3
Iowa12
Idaho10
Illinois11
Indiana13
Kansas3
Kentucky17
Louisiana7
Massachusetts5
Maryland4
Maine3
Michigan8
Minnesota10
Missouri13
Mississippi7
Montana8
North Carolina21
North Dakota9
Nebraska10
New Hampshire2
New Jersey3
New Mexico14
Nevada3
New York11
Ohio15
Oklahoma4
Oregon10
Pennsylvania10
Rhode Island1
South Carolina8
South Dakota9
Tennessee7
Texas25
Utah2
Virginia20
Vermont3
Washington12
Wisconsin4
West Virginia10
Wyoming4
International1
Total433

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