Institute For Community At Magnolia Inc in Romeoville, Illinois (IL)

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Institute For Community At Magnolia Inc
Employer Identification Number (EIN)204394967
Name of OrganizationInstitute For Community At Magnolia Inc
In Care of NameMichael Vickery
Address175 S Highpoint Dr, Romeoville, IL 60446
SubsectionCharitable Organization
Ruling Date08/2006
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 Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$23,438
Amount of Income$0
Form 990 Revenue Amount$0
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Religion Related, Spiritual Development (Not Elsewhere Classified)


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$0
Total expenses$2,966
Total net assets$-26,562
Deficit for the year$-2,966
Net assets or fund balances at beginning of year$-23,596
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$23,438
Total liabilities$50,000
Net assets or fund balances$-26,562
Other Information (for 2012)
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 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
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