Concord Rotary Charitable Endowment Inc in Lynnfield, Massachusetts (MA)
Table of contents:
| Concord Rotary Charitable Endowment Inc | |
| Employer Identification Number (EIN) | 043051865 |
| Name of Organization | Concord Rotary Charitable Endowment Inc |
| In Care of Name | Richard G Nelson |
| Address | C/O Richard G Nelson 1 Westway No, Lynnfield, MA 01940 |
| Activities | Business promotion (chamber of commerce, business league, etc.) |
| Subsection | Charitable Organization |
| Ruling Date | 08/1994 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $400,746 |
| Amount of Income | $54,673 |
| Form 990 Revenue Amount | $39,738 |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $28,915 | $29,769 | $39,738 |
| Contributions, gifts, grants, and similar amounts received | $2,038 | $9,461 | $8,449 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $12,953 | $11,921 | $16,059 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $13,924 | $8,387 | $15,230 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $27,682 | $23,708 | $30,165 |
| Less: direct expenses from gaming and fundraising events | $13,758 | $15,321 | $14,935 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $21,322 | $39,672 | $28,163 |
| Total net assets | $358,223 | $365,115 | $400,746 |
| Excess/Deficit for the year | $7,593 | $-9,903 | $11,575 |
| Net assets or fund balances at beginning of year | $360,671 | $358,223 | $365,115 |
| Other changes in net assets or fund balances | $-10,041 | $16,795 | $24,056 |
| Net assets or fund balances at end of year | $358,223 | $365,115 | $400,746 |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $358,223 | $365,115 | $400,746 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $358,223 | $365,115 | $400,746 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | 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 | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | 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 | No |
| 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? | No | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
| Reason for Public Charity Status (for 2014) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $170,417 |
| Subtotal | $170,417 |
| Gifts, grants, contributions, and membership fees received | $41,082 |
| 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 | $129,335 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $227,725 |
| Public support | $170,417 |
| Subtotal | $57,308 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $57,308 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Jumin in Lynnfield, MA
  |
|
The Red Sox Foundation Inc in Boston, MA
|
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
 |
| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Concord Housing Trust Inc | C/O Edie Fruscione 754 Main Street, Concord, MA 01742 | MA | 1988-11 | $234 |
| 2 | Concord Middle School Ptg | 835 Old Marlboro Rd, Concord, MA 01742-4744 | MA | 1997-05 | $63,600 |
| 3 | Concord Open Land Foundation Inc | C/O Clct 175 Sudbury Road, Concord, MA 01742 | MA | 1989-12 | $534 |
| 4 | Concord Orchestra Inc | 51 Walden St Box 381, Concord, MA 01742-2504 | MA | 1974-08 | $84,734 |
| 5 | Concord Paddle Tennis Inc | 246 Old Road To Nine Acre Corner, Concord, MA 01742 | MA | 2001-07 | $0 |
| 6 | Concord Players Inc | PO BOX 22, Concord, MA 01742-0022 | MA | 1973-09 | $188,599 |
| 7 | Concord Poetry Center Inc | 40 Stow Street 204, Concord, MA 01742-2418 | MA | 2006-03 | $19,268 |
| 8 | Concord Prison Outreach Inc | PO BOX 383, Concord, MA 01742-0383 | MA | 1999-03 | $38,026 |
| 9 | Concord Review | PO BOX 661, Concord, MA 01742-0661 | MA | 1988-05 | $145,306 |
| 10 | Concord Rod & Gun Club Inc | PO BOX 540, Concord, MA 01742-0540 | MA | 1975-08 | $90,419 |
| 11 | Concord Rotary Charitable Endowment Inc | C/O Richard G Nelson 1 Westway No, Lynnfield, MA 01940 | MA | 1994-08 | $54,673 |
| 12 | Concord Scout House Inc | PO BOX 7374 WALDEN STREET, Concord, MA 01742 | MA | 1978-03 | $92,602 |
| 13 | Concord Youth Soccer Inc | PO BOX 429, Concord, MA 01742-0429 | MA | 1996-12 | $393,889 |
| 14 | Concord Youth Theatre Inc | 358 Baker Ave, Concord, MA 01742-2133 | MA | 1983-06 | $282,418 |
| 15 | Concord-Carlisle Boosters Club Inc | Po Box 675, Concord, MA 01742 | MA | 1991-11 | $29,362 |
| 16 | Concord-Carlisle Community Chest Inc | 111 Ornac Unit 1001, Concord, MA 01742-4141 | MA | 1950-02 | $1,231,018 |
| 17 | Concord-Carlisle Patrons Of Performing Students Inc | 500 Walden St, Concord, MA 01742-3617 | MA | 2002-02 | $9,480 |
| 18 | Concord-Carlisle Youth Baseball Inc | 169 Church St, Carlisle, MA 01741-1854 | MA | 1995-03 | $130,276 |
| 19 | Concord-Carlisle Youth Hockey Inc | 108 Barretts Mill Rd, Concord, MA 01742-5516 | MA | 1972-06 | $240,164 |
| 20 | Concords Home For The Aged | 110 Walden St, Concord, MA 01742-2510 | MA | 1957-07 | $2,836,815 |
Organization representatives - add corrected or new information about Concord Rotary Charitable Endowment Inc »
Non-representatives - add comments about Concord Rotary Charitable Endowment Inc»