Elmwood Community Foundation in Elmwood, Illinois (IL)
Table of contents:
Elmwood Community Foundation | |
Employer Identification Number (EIN) | 371381626 |
Name of Organization | Elmwood Community Foundation |
In Care of Name | Bob Paige |
Address | PO BOX 131, Elmwood, IL 61529-0131 |
Subsection | Charitable Organization |
Ruling Date | 07/1999 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $174,134 |
Amount of Income | $80,119 |
Form 990 Revenue Amount | $76,369 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Community Foundations |
Non-representatives - add comments:
Amount of income in 2013: $80,119 (it was $82,424 in 2012)
Elmwood Community Foundation: | $80,119 |
Other organizations performing similar types of work: | $123,400 |
Assets in 2013: $174,134 (it was $179,338 in 2012)
Elmwood Community Foundation: | $174,134 |
Other organizations performing similar types of work: | $188,019 |
Expenses in 2013: $81,573
Elmwood Community Foundation: | $81,573 |
Other organizations performing similar types of work: | $82,376 |
Income to expenses ratio in 2013: 1.0
Elmwood Community Foundation: | 1.0 |
Other organizations performing similar types of work: | 5.6 |
Grants share in income in 2013: 10.3%
This organization: | 10.3% |
Other organizations performing similar types of work: | 20.2% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $120,793 | $78,845 | $76,369 |
Contributions, gifts, grants, and similar amounts received | $48,855 | $10,574 | $7,850 |
Program service revenue including government fees and contracts | $68,020 | $64,761 | $63,518 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $3,483 | $3,254 | $2,914 |
Gain/Loss from sale of assets other than inventory | $29 | $-115 | $1,822 |
Gross amount from sale of assets other than inventory | $529 | $3,255 | $5,445 |
Less: cost or other basis and sales expenses | $500 | $3,370 | $3,623 |
Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
Gross profit/loss from sales of inventory | $406 | $371 | $265 |
Gross sales of inventory, less returns and allowances | $1,380 | $580 | $392 |
Less: cost of goods sold | $974 | $209 | $127 |
Other revenue | $0 | $0 | $0 |
Total expenses | $81,070 | $79,321 | $81,573 |
Total net assets | $179,814 | $179,338 | $174,134 |
Excess/Deficit for the year | $39,723 | $-476 | $-5,204 |
Net assets or fund balances at beginning of year | $140,091 | $179,814 | $179,338 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $179,338 | $174,134 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $179,814 | $179,338 | $174,134 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $179,814 | $179,338 | $174,134 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | No | |
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? | No | No | |
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? | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2013) | |
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) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $127,396 |
Subtotal Support | $127,396 |
Gifts, grants, contributions, and membership fees received | $127,396 |
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 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
Total Support | $457,006 |
Public Support | $127,396 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $15,995 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $313,615 |
Gross receipts from related activities, etc. | $392 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | The Taos Community Foundation Inc | PO BOX 1925, Taos, NM 87571-1925 | NM | 1998-12 | $4,057,729 |
2 | Elks National Foundation Inc, Elks National Foundation | 2750 N Lakeview Avenue, Chicago, IL 60614 | IL | 2009-02 | $338,625,890 |
3 | Hyatt Hotels Foundation | 71 S Wacker Dr 12th Fl, Chicago, IL 60606-4637 | IL | 2013-11 | $20,000,738 |
4 | Southeastern Illinois Community Foundation | PO BOX 1211, Effingham, IL 62401-1211 | IL | 2000-02 | $11,606,323 |
5 | Supply Hope Inc | 65 N River Ln Ste 201, Geneva, IL 60134-2268 | IL | 2013-08 | $369,184 |
6 | Southern Illinois Community Foundation | 3000 West Deyoung St Ste 800-B, Marion, IL 62959-5558 | IL | 1998-08 | $311,058 |
7 | Southern Foundation Inc | PO BOX 565, Carbondale, IL 62903-0565 | IL | 1981-10 | $229,044 |
8 | Outstanding Farmers Of America | 15247 W Busch Rd, Pearl City, IL 61062-9217 | IL | 2002-09 | $143,037 |
9 | Rotary Club Of Oswego Foundation Inc | 15515 Dan Patch Drive, Plainfield, IL 60544 | IL | 2009-10 | $98,296 |
10 | Mayors Community Charity Ball | 1 Friendship Plz, Addison, IL 60101-2787 | IL | 2014-08 | $95,428 |
11 | Sinnissippi Foundation For Family And Community Services | 325 Il Route 2, Dixon, IL 61021-9118 | IL | 1980-09 | $90,446 |
12 | Grounds For Life | 714 3rd Avenue, Rockford, IL 61104 | IL | 2014-10 | $76,120 |
13 | A New Direction Beverly Morgan Park | 3540 W 95th St, Evergreen Pk, IL 60805-2105 | IL | 2011-10 | $73,599 |
14 | Advise Us Fund | 715 Lake St Ste 418, Oak Park, IL 60301-1413 | IL | 2013-05 | $73,426 |
15 | Paul Seiwert Foundation | 920 S Hamlin Ave, Park Ridge, IL 60068-4318 | IL | 2009-02 | $61,341 |
16 | Wristen Family Foundation | 7 Turning Shore Dr, S Barrington, IL 60010-9597 | IL | 2005-03 | $52,012 |
17 | Quito Barrio Outreach Illinois Consortium | 1500 Brookdale Rd, Naperville, IL 60563-2129 | IL | 2011-11 | $51,682 |
18 | Mary Joan Rice Charitable Foundation | 4545 N Long Ave Apt 3d, Chicago, IL 60630-3530 | IL | 2014-06 | $45,000 |
19 | Captain Kevin C Landeck Memorial Foundation | 1937 Somerset Lane, Wheaton, IL 60189 | IL | 2007-07 | $34,469 |
20 | Mid North Landmark Protection Association Ltd | 2247 N Geneva Ter, Chicago, IL 60614-3746 | IL | 2012-06 | $27,850 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 3,151 |
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