Commonwealth Development Corporation Inc in Detroit, Michigan (MI)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Michigan
Commonwealth Development Corporation Inc | |
Employer Identification Number (EIN) | 383000022 |
Name of Organization | Commonwealth Development Corporation Inc |
In Care of Name | Cullian W Hill |
Address | 13504 Justine St, Detroit, MI 48212-1770 |
Activities | Area development, redevelopment of renewal |
Subsection | Charitable Organization |
Ruling Date | 05/1992 |
Deductibility | Contributions are deductible |
Foundation | Private non-operating foundation |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $1 to $9,999 |
Income | $1 to $9,999 |
Filing Requirement | 990 - Not required to file (all other) |
Asset Amount | $1 |
Amount of Income | $1 |
Form 990 Revenue Amount | $0 |
Non-representatives - add comments:
Analysis of Revenue and Expenses (for 2012) | ||||
Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
---|---|---|---|---|
Total revenue | $0 | $0 | $0 | |
Total expenses and disbursements | $480 | $0 | $0 | $0 |
Compensation of officers, directors, trustees, etc. | $0 | |||
Total operating and administrative expenses | $480 | $0 | $0 | |
Contributions, gifts, grants paid | $0 | |||
Excess of revenue over expenses and disbursements | $-480 | |||
Net investment income | $0 | |||
Adjusted net income | $0 |
Balance Sheets (for 2012) | ||
Book Value | Fair Market Value | |
---|---|---|
Total assets | $0 | $0 |
Total liabilities | $4,669 | |
Mortgages and other notes payable | $0 | |
Other | $4,669 | |
Total liabilities and net assets/fund balances | $-4,669 |
Capital Gains and Losses for Tax on Investment Income (for 2012) | |
Capital gain net income | $0 |
Net capital loss | $0 |
Excise Tax Based on Investment Income (for 2012) | |
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
Tax based on investment income | $0 |
Total credits and payments | $0 |
Any penalty for underpayment of estimated tax | $0 |
Tax due | $0 |
Overpayment | $0 |
Amount to be credited to 2013 estimated tax | $0 |
Statements Regarding Activities (for 2012) | |
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
During the year did the foundation (either directly or indirectly): | |
Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
Agree to pay money or property to a government official? | No |
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
During the year did the foundation pay or incur any amount to: | |
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
Provide a grant to an individual for travel, study, or other similar purposes? | No |
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
Minimum Investment Return (for 2012) | |
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $0 |
Net value of noncharitable-use assets | $0 |
Minimum investment return | $0 |
Distributable Amount (for 2012) | |
Distributable amount | $0 |
Undistributed Income (for 2012) | |
Distributable amount for 2012 | $0 |
Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
Private Operating Foundations (for 2012) | |||||
2012 | 2011 | 2010 | 2009 | Total | |
---|---|---|---|---|---|
The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
Value of all assets | $0 | $0 | $0 | $0 | $0 |
Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
Gross investment income | $0 | $0 | $0 | $0 | $0 |
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Other organizations in Michigan | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Come Back Home Ministries | 19100 W 10 Mile Rd Ste 103, Southfield, MI 48075-2428 | MI | 1996-03 | $0 |
2 | Comer Foundation | 21624 Melrose Ave, Southfield, MI 48075-7905 | MI | 2011-01 | $66,736 |
3 | Comerica Inc Charitable Tr No 1 36034 | Comerica Bank, Detroit, MI 48275-0001 | MI | $0 | |
4 | Comfort Zone Unlimited | 39575 W Ten Mile Rd Ste 204, Novi, MI 48375 | MI | 2012-07 | $144,382 |
5 | Commerce Walled Lake Area Moms Club | 2507 Ivy Hill Dr, Commerce Township, MI 48382 | MI | 2011-03 | $0 |
6 | Commission Ministry Center | PO BOX 294, Southfield, MI 48037-0294 | MI | 2008-07 | $0 |
7 | Committee For Yeshivath Zevihel Of Jerusalem | 14131 Victoria St, Oak Park, MI 48237-1498 | MI | 1992-10 | $0 |
8 | Calvary Reformed Church Of The City Of Grand Rapids County Of Kent Sta | 1513 Fulton St E, Grand Rapids, MI 49503-3855 | MI | 1986-01 | $0 |
9 | Common Ground Ministries | Po Box 871935, Canton, MI 48187 | MI | 2011-01 | $0 |
10 | Common Ground Of The Word Ministries | PO BOX 422, Cheboygan, MI 49721-0422 | MI | 1987-06 | $0 |
11 | Commonwealth Development Corporation Inc | 13504 Justine St, Detroit, MI 48212-1770 | MI | 1992-05 | $1 |
12 | Communicate It Llc | 22324 Harper Ave, St Clr Shores, MI 48080-1818 | MI | 2009-03 | $0 |
13 | Communication Workers Of America, 14504 0278 Itu | 718 Ludington St, Escanaba, MI 49829-3829 | MI | 1940-06 | $0 |
14 | Communities First Inc | 310 East Third St 6th Floor, Flint, MI 48502 | MI | 2011-04 | $526,756 |
15 | Community Action Network Southeast | 815 Taylor St, Ann Arbor, MI 48105-1726 | MI | 2011-01 | $70,007 |
16 | Community African Methodist Church Of Ecorse Michigan | 4010 17th St, Ecorse, MI 48229-1310 | MI | 1973-05 | $0 |
17 | Community Alliance Against Substance Abuse | P O Box 611, Benton Harbor, MI 49023 | MI | 1988-09 | $0 |
18 | Community Assistance And Training Family Charitalbe Remainder Trust, Love Scheherazade C Ttee | PO BOX 2132, Southfield, MI 48037-2132 | MI | $0 | |
19 | Community Baptist Church | 28237 Warren Rd, Garden City, MI 48135-2273 | MI | 1946-04 | $0 |
20 | Community Baptist Church | 33000 Harper Ave, St Clr Shores, MI 48082-1015 | MI | 1972-03 | $0 |
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