Davidson Progress Inc in Lexington, North Carolina (NC)
Table of contents:
| Davidson Progress Inc | |
| Employer Identification Number (EIN) | 561874123 |
| Name of Organization | Davidson Progress Inc |
| In Care of Name | Davidson Co Edc |
| Address | PO BOX 1287, Lexington, NC 27293-1287 |
| Activities | Attracting new industry or retaining industry in an area |
| Subsection | Business League |
| Ruling Date | 09/1995 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $25,000 to $99,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $75,964 |
| Amount of Income | $11,257 |
| Form 990 Revenue Amount | $11,257 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $1,254 | |
| Contributions, gifts, grants, and similar amounts received | $554 | |
| Program service revenue including government fees and contracts | $0 | |
| Membership dues and assessments | $0 | |
| Investment income | $700 | |
| Gain/Loss from sale of assets other than inventory | $0 | |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | |
| Other revenue | $0 | |
| Total expenses | $27,418 | |
| Total net assets | $169,091 | |
| Excess/Deficit for the year | $-26,164 | |
| Net assets or fund balances at beginning of year | $195,255 | |
| Other changes in net assets or fund balances | $0 | |
| Net assets or fund balances at end of year | $169,091 | |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $195,255 | $169,091 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $169,091 | |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | |
| Were any significant changes made to the organizing or governing documents? | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | 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 | |
| Amount of political expenditures, direct or indirect | $0 | |
| Did the organization file Form 1120-POL for this year? | 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 | |
| Total amount involved | $0 | |
| Initiation fees and capital contributions | $0 | |
| Gross receipts for public use of club facilities | $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 | |
| 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 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Davidson County Library Foundation Inc | 602 S Main St, Lexington, NC 27292-3239 | NC | 1983-12 | $27,819 |
| 2 | Davidson County Public Facilities Corporation | PO BOX 1067, Lexington, NC 27293-1067 | NC | 2000-01 | $1,121,624 |
| 3 | Davidson County Rescue Squad Inc | PO BOX 122, Lexington, NC 27293-0122 | NC | 1960-06 | $424,907 |
| 4 | Workshop Of Davidson Incorporated | PO BOX 906, Lexington, NC 27293-0906 | NC | 1967-06 | $1,254,702 |
| 5 | Davidson Health Care Inc | PO BOX 1817, Lexington, NC 27293-1817 | NC | 1990-02 | $0 |
| 6 | Davidson Housing Coalition | PO BOX 854, Davidson, NC 28036-0854 | NC | 1998-07 | $585,827 |
| 7 | Davidson Lands Conservancy Inc | PO BOX 1952, Davidson, NC 28036-1952 | NC | 2001-02 | $148,314 |
| 8 | Davidson Medical Ministries Clinic Inc | PO BOX 584, Lexington, NC 27293-0584 | NC | 1991-10 | $727,126 |
| 9 | Davidson Middle School | 20808 N Main St Ste 101, Cornelius, NC 28031-8457 | NC | 2006-03 | $55,334 |
| 10 | Davidson Prison Ministry | 2131, Lexington, NC 27293 | NC | 2003-02 | $53,229 |
| 11 | Davidson Progress Inc | PO BOX 1287, Lexington, NC 27293-1287 | NC | 1995-09 | $11,257 |
| 12 | Davidson Vision Foundation | P O Box 1287, Lexington, NC 27293 | NC | 2004-01 | $0 |
| 13 | Davidson Vision Inc | 11 Court Sq Ste 110, Lexington, NC 27292-3359 | NC | 2003-11 | $129,460 |
| 14 | Davidson Water Inc | PO BOX 969, Welcome, NC 27374-0969 | NC | 1975-05 | $29,426,387 |
| 15 | Davidson Youth Baseball Association Inc | PO BOX 942, Davidson, NC 28036-0942 | NC | 1988-04 | $51,572 |
| 16 | Davidsons Fort Historic Park Inc | Po Box 1636, Old Fort, NC 28762 | NC | 2007-04 | $0 |
| 17 | Davie Community Volunteer Fire Department Inc | 3155 Highway 158, Roanoke Rapids, NC 27870 | NC | 1971-08 | $449,641 |
| 18 | Davie County Arts Council | 622 North Main Street, Mocksville, NC 27028-2175 | NC | 1975-12 | $263,697 |
| 19 | Davie County Chamber Of Commerce Inc | 135 S Salisbury St, Mocksville, NC 27028-2337 | NC | 1978-03 | $246,483 |
| 20 | Davie County Economic Development Commission Inc | 135 S Salisbury St, Mocksville, NC 27028-2337 | NC | 2011-06 | $576,221 |
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