Promise Development Corporation in E Saint Louis, Illinois (IL)

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Promise Development Corporation
Employer Identification Number (EIN)371221984
Name of OrganizationPromise Development Corporation
Address2900 State St, E Saint Louis, IL 62205-2234
ActivitiesNon financial services of facilities to other organizations
SubsectionCharitable Organization
Ruling Date05/1990
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Tax Period06/2011
Assets$10,000 to $24,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$19,304
Amount of Income$0
Form 990 Revenue Amount$0
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Real Estate Organizations


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Amount of income in 2011: $0 (it was $0 in 2010)
Promise Development Corporation: 

 $0
Other organizations performing similar types of work: 

 $180,793

Assets in 2011: $19,304 (it was $26,191 in 2010)
Promise Development Corporation: 

 $19,304
Other organizations performing similar types of work: 

 $186,266

Expenses in 2011: $5,287
Promise Development Corporation: 

 $5,287
Other organizations performing similar types of work: 

 $143,238

Income to expenses ratio in 2011: 0.0
This organization: 

 0.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: -,nan,(ind)%
Promise Development Corporation: 

 -,nan,(ind)%
Other organizations performing similar types of work: 

 26.3%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$0
Total expenses$5,287
Total net assets$19,304
Deficit for the year$-5,287
Net assets or fund balances at beginning of year$24,591
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$19,304
Total liabilities$0
Net assets or fund balances$19,304
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 organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Institute Of Real Estate Management Of The Natl Assn Of Realtors, Irem430 N Michigan Ave, Chicago, IL 60611-4011IL1976-08$15,819,638
2Star Island Corporation30 Middle St, Portsmouth, NH 03801-4305NH1947-02$3,249,553
3Jane Addams Development Corporation, C-O Mary Laporte4432 N Ravenswood Ave, Chicago, IL 60640-5803IL1992-11$851,787
4Institute Of Real Estate Mangement Of The Nar 91 Orange County1405 Warner Ave Ste B, Tustin, CA 92780-6405CA1976-08$705,581
5Institute Of Real Estate Management Of The Natl Assn Of Realtors, 23 Chicago2901 Butterfield Rd, Oakbrook, IL 60523-1159IL1976-08$401,210
6Wisconsin Real Estate AlumniPO BOX 307, Pewaukee, WI 53072-0307WI1994-06$396,381
7Southwest Louisiana Association Of Realtors Inc182 Williamsburg St, Lake Charles, LA 70605-5720LA1979-01$395,184
8Heartland Realtor Organization405 E Congress Pkwy Ste A, Crystal Lake, IL 60014-6229IL1978-04$353,231
9Samaritan Community Health Services IncPO BOX 368, Webster, MA 01570-0368MA1989-11$339,313
10Institute Of Real Estate Management Natl Assn Of Realtors, Irem Delaware Valley 3PO BOX 65, Riverton, NJ 08077-0065NJ1976-08$324,268
11Spartanburg Association Of Realtors Inc225 N Pine St, Spartanburg, SC 29302-1666SC1964-12$207,274
12Real Estate Development Process Seminar Inc, The Redi Foundation Inc233 South Federal Highway, Boca Raton, FL 33432FL1980-07$198,073
13Illinois Land Title Association225 E Cook St, Springfield, IL 62704-2509IL1956-10$191,028
14Institute Of Real Estate Management Of The Natl Assn Of Realtors, 61 Austin430 N Michigan Avenue, Chicago, IL 60611-4011IL1976-08$186,400
15Warc Properties Inc265 Saw Mill River Rd, Hawthorne, NY 10532-1509NY1974-03$175,170
16Institute Of Real Estate Management Of The Natl Assn Of Realtors, 24 IndianapolisPO BOX 90403, Indianapolis, IN 46290-0403IN1976-08$156,330
17Institute Of Real Estate Management Of The Natl Assn Of Realtors, 17 Northern Colorado430 N Michigan Avenue, Chicago, IL 60611-4011IL1976-08$110,613
18Institute Of Real Estate Management Of The Natl Assn Of Realtors, 48 San Antonio430 N Michigan Ave, Chicago, IL 60611-4011IL1976-08$110,196
19Chicago Real Estate Council1 S Wacker Dr Ste 800, Chicago, IL 60606-4650IL1989-03$95,242
20Logan Co Board Of Realtors1411 N Kickapoo, Lincoln, IL 62656-1871IL1985-03$75,867
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona1
California5
Colorado1
District of Columbia1
Florida6
Georgia1
Hawaii2
Idaho1
Illinois11
Indiana5
Louisiana2
Massachusetts11
Maryland2
Maine1
Michigan4
Minnesota1
Missouri2
Mississippi1
North Carolina2
New Hampshire1
New Jersey2
New Mexico2
New York9
Ohio3
Oklahoma1
Oregon1
Pennsylvania1
Rhode Island3
South Carolina1
Tennessee4
Texas3
Utah1
Virginia1
Washington1
Wisconsin2
Total98

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