Spirit Of Liberty Economic Development Corporation in New Orleans, Louisiana (LA)

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Spirit Of Liberty Economic Development Corporation
Employer Identification Number (EIN)721428388
Name of OrganizationSpirit Of Liberty Economic Development Corporation
Address1230 Desire St, New Orleans, LA 70117-5612
SubsectionCharitable Organization
Ruling Date06/1999
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 Period12/2014
Assets$1 to $9,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$505
Amount of Income$500
Form 990 Revenue Amount$500
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2014: $500 (it was $0 in 2013)
This organization: 

 $500
Other organizations performing similar types of work: 

 $141,278

Assets in 2014: $505 (it was $1,537 in 2013)
This organization: 

 $505
Other organizations performing similar types of work: 

 $740,093

Expenses in 2013: $0
This organization: 

 $0
Other organizations performing similar types of work: 

 $124,074

Grants share in income in 2013: -,nan,(ind)%
Spirit Of Liberty Economic Development Corporation: 

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

 3.7%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$500$500$0
Total expenses$0$0$0
Total net assets$1,037$1,537$1,537
Excess/Deficit for the year$500$500$0
Net assets or fund balances at beginning of year$537$1,037$1,537
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$1,037$1,537$1,537
Balance Sheets
201120122013
Total assets$1,037$1,537$1,537
Total liabilities$0$0$0
Net assets or fund balances$1,037$1,537$1,537
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i)
Number of organizations supported0
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$2,000
Subtotal Support$2,000
Gifts, grants, contributions, and membership fees received$2,000
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$2,000
Public Support$2,000
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
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$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Vf Affordable Housing Inc448 Depot St Ne, Christiansbrg, VA 24073-2050VA2000-11$716,864
2Vine Street Manor Housing Corp2300 Flora, Kansas City, MO 64108MO2004-03$366,819
3Project Homecoming Inc3700 Gentilly Blvd, New Orleans, LA 70122-6128LA2011-08$4,677,298
4Associated Neighborhood Development Inc1429 S Rampart St, New Orleans, LA 70113-1245LA2012-03$836,194
5Crescent City Clt Inc300 N Broad St Ste 208, New Orleans, LA 70119-5578LA2012-07$776,510
6Will Wood Viii, Belle Pointe Belle Terre Apts3330 North Causeway Blvd, Metairie, LA 70002-3573LA1996-10$748,030
7Will Woods Vii3330 North Causeway Boulevard, Metairie, LA 70002-3573LA1996-06$690,974
8Zion Hill Subdivision Ii Inc4226 Veterans Memorial Drive, Abbeville, LA 70510LA2007-06$418,736
9Zydeco Community Housing Development Organization1006 Surrey St, Lafayette, LA 70501-6143LA1997-02$412,152
10Tulane-Canal Neighborhood Development Corporation1802 Tulane Ave, New Orleans, LA 70112-2246LA2001-05$387,668
11Frances Special ServicesPo Box 1430, Amite, LA 70422LA2005-09$326,645
12Southern Mutual Financial Services Inc3602 Old Jeanerette Rd, New Iberia, LA 70563-3131LA2000-06$259,385
13Woodys Home Inc442 Jordan St, Shreveport, LA 71101-4849LA2004-08$244,771
14Northwest La Community DevelopmentPO BOX 37314, Shreveport, LA 71133LA2002-09$209,671
15Ujamma Community Development Corp1910 Ursuline Avenue, New Orleans, LA 70116LA1996-01$183,897
16Cest Tres Bon Inc19362 West Shelton Road, Hammnod, LA 70401LA2011-09$82,163
17Virginia Place Apartments IncPO BOX 1310, Ruston, LA 71273-1310LA2004-05$66,714
18Second Baptist Community Development Corporation914 N Acadian Thruway W, Baton Rouge, LA 70802-2234LA2006-09$60,816
19Evangeline Pointe Apartments Inc415 Guilbeau Rd, Lafayette, LA 70506LA2010-02$48,979
20Louisiana Freedman Economic Development Corporation2538 Jackson Ave, New Orleans, LA 70113-2408LA2012-08$41,585
Number of organizations performing similar types of work
Alaska15
Alabama79
Arkansas52
Arizona71
California590
Colorado62
Connecticut70
District of Columbia39
Delaware21
Florida278
Georgia199
Hawaii37
Iowa49
Idaho18
Illinois189
Indiana97
Kansas30
Kentucky63
Louisiana165
Massachusetts149
Maryland116
Maine37
Michigan201
Minnesota80
Missouri91
Mississippi47
Montana28
North Carolina133
North Dakota11
Nebraska34
New Hampshire15
New Jersey159
New Mexico19
Nevada27
New York431
Ohio189
Oklahoma55
Oregon47
Pennsylvania186
Rhode Island30
South Carolina70
South Dakota22
Tennessee105
Texas313
Utah33
Virginia114
Vermont10
Washington71
Wisconsin64
West Virginia23
Wyoming10
International36
Total5,080

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