Greater Gastonia Development Corporation in Gastonia, North Carolina (NC)

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Greater Gastonia Development Corporation
Employer Identification Number (EIN)562139032
Name of OrganizationGreater Gastonia Development Corporation
In Care of NameJohn A Corbett
AddressPO BOX 2168, Gastonia, NC 28053-2168
SubsectionChamber of Commerce
Ruling Date06/1999
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Tax Period12/2011
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$250,442
Amount of Income$202,580
Form 990 Revenue Amount$202,580


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Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$202,580
Contributions, Gifts, Grants and Other Similar Amounts$201,750
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$830
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$199,905
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$199,905
Balance Sheet (for 2011)
Total assets$250,442
Total liabilities$46,500
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$46,500
Total net assets or fund balances$203,942
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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