Edgewater Development Corporation in Chicago, Illinois (IL)
Table of contents:
| Edgewater Development Corporation | |
| Employer Identification Number (EIN) | 363738216 |
| Name of Organization | Edgewater Development Corporation |
| Address | 1055 W Bryn Mawr Ave, Chicago, IL 60660-4691 |
| Activities | Area development, redevelopment of renewal |
| Subsection | Charitable Organization |
| Ruling Date | 09/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $19,257 |
| Amount of Income | $119,225 |
| Form 990 Revenue Amount | $116,976 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Urban, Community Economic Development |
Non-representatives - add comments:
Amount of income in 2013: $119,225 (it was $109,719 in 2012)
| This organization: | $119,225 |
| Other organizations performing similar types of work: | $190,298 |
Assets in 2013: $19,257 (it was $-712 in 2012)
| This organization: | $19,257 |
| Other organizations performing similar types of work: | $326,461 |
Expenses in 2012: $152,654
| Edgewater Development Corporation: | $152,654 |
| Other organizations performing similar types of work: | $231,022 |
Income to expenses ratio in 2012: 0.8
| Edgewater Development Corporation: | 0.8 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 106.6%
| This organization: | 106.6% |
| Other organizations performing similar types of work: | 35.7% |
Revenue for 2012
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012) | |
| Total revenue | $106,036 |
| Contributions, gifts, grants, and similar amounts received | $113,012 |
| Program service revenue including government fees and contracts | $6,800 |
| Membership dues and assessments | $0 |
| Investment income | $21 |
| Gain from sale of assets other than inventory | $0 |
| Net income from gaming and fundraising events | $3,327 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $7,010 |
| Less: direct expenses from gaming and fundraising events | $3,683 |
| Gross profit from sales of inventory | $0 |
| Other revenue | $-17,124 |
| Total expenses | $152,654 |
| Total net assets | $-46,230 |
| Deficit for the year | $-46,618 |
| Net assets or fund balances at beginning of year | $379 |
| Other changes in net assets or fund balances | $9 |
| Balance Sheets (for 2012) | |
| Total assets | $-712 |
| Total liabilities | $45,518 |
| Net assets or fund balances | $-46,230 |
| Other Information (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $459,330 |
| Gifts, grants, contributions, and membership fees received | $446,702 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $45,969 |
| 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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $943 |
| Other | $-34,284 |
| Write your review! |
|
|
| Recently Added Reviews |
Positive Pathways Of Chicago in Chicago, IL
 |
Chicago Assembly Foundation in Chicago, IL
 |
|
Wavering Fam Charitable Foundation in Chicago, IL
|
|
Chicago Couture Fashion Week Inc in Chicago, IL
|
|
Lawndale Business Renaissance Association in Chicago, IL
|
|
Frances E Streit Foundation, Peggy A Wagener Ttee in Chicago, IL
|
|
Berea International Nfp in Chicago, IL
|
|
Debre Genet Kidist Mariam Ethiopian Orthodox Tewahido Church Of Chicag in Chicago, IL
|
|
Golden Apple Foundation For Excellence In Teaching in Chicago, IL
|
| Sirmir in Chicago, IL |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Bean Capital Development Co Inc | 368 East Simpson Drive, Wayne City, IL 62895 | IL | 1983-06 | $29,503 |
| 2 | Berwyn Development Corporation | 3322 S Oak Park Ave 2nd Floor, Berwyn, IL 60402-3407 | IL | 1988-08 | $1,396,848 |
| 3 | Jewish Council On Urban Affairs | 610 S Michigan Avenue Ste 500, Chicago, IL 60605-1901 | IL | 1966-06 | $1,095,289 |
| 4 | Greater Sterling Development Corp | 1741 Industrial Dr, Sterling, IL 61081-9290 | IL | 1990-10 | $870,209 |
| 5 | Far South Cdc | 11509 S Elizabeth St, Chicago, IL 60643-5115 | IL | 1980-07 | $722,286 |
| 6 | Fuller Park Community Development Corporation | 4417 S Stewart Ave, Chicago, IL 60609-3622 | IL | 1995-09 | $388,315 |
| 7 | Freeport Area Economic Development Foundation | 27 W Stephenson St, Freeport, IL 61032-4219 | IL | 1985-09 | $291,466 |
| 8 | Westside Business Improvement Association Inc Wbia | 5427 W Madison St, Chicago, IL 60644-4030 | IL | 1985-01 | $67,690 |
| 9 | Urban Innovation Analysis Inc | 1126 E 59th St Rm/Ste 322, Chicago, IL 60637-1580 | IL | 1985-09 | $61,043 |
| 10 | Westwood Community Development Corporation | 140 W 81st Street, Chicago, IL 60620 | IL | 1993-11 | $50,000 |
| 11 | Seventh Street Area Development Council Inc | 701 7th St, Rockford, IL 61104-1305 | IL | 1996-11 | $35,407 |
| 12 | United Center Community Business Development Fund | 1901 W Madison St, Chicago, IL 60612-2459 | IL | 1997-03 | $294 |
| 13 | Chicago Eruv Inc | 3050 W Touhy, Chicago, IL 60645 | IL | 1993-03 | $0 |
| 14 | Confluence Community Development Inc | 411-14th Street Pob 648, Cairo, IL 62914 | IL | 1987-12 | $0 |
| 15 | Institute Of Urban Life | 5555 N Sheridan Rd Apt 903, Chicago, IL 60640-1622 | IL | 1964-07 | $0 |
| 16 | Lockport Area Development Commission Inc | 222 E Ninth St, Lockport, IL 60441-3464 | IL | 1981-03 | $0 |
| 17 | Mount Zion Area Economic Development Corporation | 1400 Mt Zion Parkway, Mt Zion, IL 62549 | IL | 1995-03 | $0 |
| 18 | Southwestern Illinois Development Foundation | 200 University Park Drive Suite 240 Room/Suite 240, Edwardsville, IL 62025-3536 | IL | 1985-06 | $0 |
| 19 | Sterling 2000 | 1405 2nd Ave, Sterling, IL 61081-2330 | IL | 1997-11 | $0 |
| 20 | Woodstock Economic Development Corp | PO BOX 670, Woodstock, IL 60098-0670 | IL | 1994-12 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 531 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Edgewater Development Corporation »
Non-representatives - add comments about Edgewater Development Corporation»