Frenchboro Future Development Corp in Frenchboro, Maine (ME)
Table of contents:
| Frenchboro Future Development Corp | |
| Employer Identification Number (EIN) | 222847422 |
| Name of Organization | Frenchboro Future Development Corp |
| Address | 2 Ledgeview Dr, Frenchboro, ME 04635 |
| Activities | Low and moderate income housing |
| Subsection | Charitable Organization |
| Ruling Date | 12/1987 |
| 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 | 01/2015 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $74,414 |
| Amount of Income | $608 |
| Form 990 Revenue Amount | $608 |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $8,371 | $5,848 | $1,453 |
| Contributions, gifts, grants, and similar amounts received | $5,600 | $3,900 | $600 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $2,771 | $1,948 | $853 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $1,243 | $31,153 | $1,331 |
| Total net assets | $176,728 | $101,923 | $102,045 |
| Excess/Deficit for the year | $7,128 | $-25,305 | $122 |
| Net assets or fund balances at beginning of year | $169,600 | $176,728 | $101,923 |
| Other changes in net assets or fund balances | $0 | $-49,500 | $0 |
| Net assets or fund balances at end of year | $101,923 | $102,045 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $181,228 | $102,523 | $102,045 |
| Total liabilities | $4,500 | $600 | $0 |
| Net assets or fund balances | $176,728 | $101,923 | $102,045 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 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 | $22,000 |
| Subtotal | $22,000 |
| Gifts, grants, contributions, and membership fees received | $22,000 |
| 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 | $0 |
| 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 | $32,229 |
| Public support | $22,000 |
| Subtotal | $10,229 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $10,229 |
| 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 |
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| Other organizations in Maine | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Freedom Riders Inc | 21 Limerock St Ste 203, Rockland, ME 04841-2977 | ME | 1988-08 | $78,703 |
| 2 | Freedom Wave Foundation Inc | 405 Western Ave 426, South Portland, ME 04106-1705 | ME | 1981-05 | $125,105 |
| 3 | Freeman Forest Housing Corporation | PO BOX 2219, Bangor, ME 04402-2219 | ME | 2004-08 | $227,933 |
| 4 | Freeport Child Care Services | PO BOX 225, Freeport, ME 04032-0225 | ME | 1976-11 | $85,494 |
| 5 | Freeport Community Players | Po Box 483, Freeport, ME 04032 | ME | 1991-06 | $0 |
| 6 | Freeport Community Services Inc | PO BOX 119, Freeport, ME 04032-0119 | ME | 1977-03 | $642,642 |
| 7 | Freeport Conservation Trust | PO BOX 433, Freeport, ME 04032-0433 | ME | 1978-09 | $262,040 |
| 8 | Freeport Economic Development Corp | 30 Main St, Freeport, ME 04032-1209 | ME | 2000-01 | $98,502 |
| 9 | Freeport Historical Society | 45 Main St, Freeport, ME 04032-1212 | ME | 1977-03 | $240,580 |
| 10 | Freeport-Pownal Little League | Po Box 67, Freeport, ME 04032 | ME | 1967-01 | $28,720 |
| 11 | Frenchboro Future Development Corp | 2 Ledgeview Dr, Frenchboro, ME 04635 | ME | 1987-12 | $608 |
| 12 | Frenchman Bay Conservancy | PO BOX 150, Hancock, ME 04640-0150 | ME | 1988-05 | $408,578 |
| 13 | Frenchville Development Corp | PO BOX 44, Frenchville, ME 04745-0044 | ME | 1973-09 | $156,169 |
| 14 | Friend Memorial Public Library Inc | PO BOX 57, Brooklin, ME 04616-0057 | ME | 1956-03 | $148,098 |
| 15 | Friends Of Baxter State Park | Po Box 1442, Bangor, ME 04402 | ME | 2000-10 | $150,648 |
| 16 | Friends Of Blue Hill Bay | Po Box 1633, Blue Hill, ME 04614 | ME | 2001-01 | $0 |
| 17 | Friends Of Camden Ryan Libby | 1018 North Rd, N Yarmouth, ME 04097-6946 | ME | 2006-01 | $54,875 |
| 18 | Friends Of Casco Bay | 43 Slocum Dr, S Portland, ME 04106-1641 | ME | 1991-01 | $709,289 |
| 19 | Friends Of Cobbossee Watershed District | PO BOX 5003, Augusta, ME 04332-5003 | ME | 2002-05 | $299,482 |
| 20 | Friends Of Colegio Moriah | 13 Alfred St, Houlton, ME 04730-1501 | ME | 2006-01 | $176,840 |
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