Common Ground Ventures Corp in New York, New York (NY)

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Common Ground Ventures Corp
Employer Identification Number (EIN)133705242
Name of OrganizationCommon Ground Ventures Corp
In Care of NameBRENDA ROSEN
Address505 Eighth Avenue, New York, NY 10018
WebsiteN/A
ActivitiesJob training, counseling, or assistance, Cafeteria, restaurant, snack bar, food services, etc., Other instruction and training
SubsectionCharitable Organization
Ruling Date07/1995
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Not required to file (all other)
Asset Amount$29,485
Amount of Income$144,869
Form 990 Revenue Amount$144,869
National Taxonomy of Exempt Entities (NTEE)Employment, Job-Related: Vocational Training


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Amount of income in 2013: $144,869 (it was $144,869 in 2011)
Common Ground Ventures Corp: 

 $144,869
Other organizations performing similar types of work: 

 $133,002

Assets in 2013: $29,485 (it was $29,485 in 2011)
This organization: 

 $29,485
Other organizations performing similar types of work: 

 $63,305

Expenses in 2011: $237,998
This organization: 

 $237,998
Other organizations performing similar types of work: 

 $133,204

Income to expenses ratio in 2011: 0.6
This organization: 

 0.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2011: 0.0%
Common Ground Ventures Corp: 

 0.0%
Other organizations performing similar types of work: 

 79.8%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$144,869
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$144,869
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$237,998
Total net assets$-326,695
Deficit for the year$-93,129
Net assets or fund balances at beginning of year$-233,566
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$29,485
Total liabilities$356,180
Net assets or fund balances$-326,695
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Daybreak Independent Service471 Mclean Avenue, Yonkers, NY 10705-5606NY2010-10$2,372,526
2Workfirst Foundation205 W End Ave 19-S, New York, NY 10023-4824NY2006-10$534,300
3Social Ventures Inc124 Westfield Dr, Ithaca, NY 14850-3111NY1999-06$351,911
4Local 1010 Skill Improvement Apprenticeship And Training Fund136-25 37th Avenue, Flushing, NY 11354-4362NY2012-04$300,719
5United Plant & Production Workers L 175 Apprenticeship Skil Improv F99 Mineola Ave Fl 1, Roslyn Hts, NY 11577NY2007-08$242,065
6Westchester-Putnam Counties Consortium For Worker Education &258 Saw Mill River Rd, Elmsford, NY 10523-1955NY1999-07$172,810
7Seneca Street Community Development Corporation1218 Seneca Street, Buffalo, NY 14210NY2009-02$97,292
8American General Training Inc231 Bay 35th Street Apt 3c, Brooklyn, NY 11214NY2008-02$93,515
9Outsource Center For Human Services Inc1649 Fillmore Ave, Buffalo, NY 14211-1142NY2010-07$82,663
10United Scenic Artists Local 829 Apprentice Program Trust Fund29 West 38th Street, New York, NY 10018-5504NY2001-07$66,122
11Neges Foundation Inc365 11th Street, Brooklyn, NY 11215NY2014-02$37,927
12Blind Project Inc40 Bridge St 220, Brooklyn, NY 11201NY2011-07$29,921
13Torn Together Trade Institute50 Scarboro Ave, Staten Island, NY 10305-3119NY2009-01$6,366
14Good Neighbor Community Development Corporation9719 Church Ave, Brooklyn, NY 11212-3137NY2001-11$1
15Personal Pathways Inc4 Bay Point Cir, Rochester, NY 14622-3332NY1999-05$1
16Alex Group IncPO BOX 895, Middle Island, NY 11953-0895NY2000-03$0
17Asbestos Workers Local 26 Joint Apprentice Training Plan Trust4348 Culver Road Suite 3, Rochester, NY 14622NY2005-06$0
18Code With Me Inc5-11 47th Avenue 3m, Long Island City, NY 11101NY2014-12$0
19Common Ground Of Rc Corp505 Eighth Avenue 5th Floor, New York, NY 10018NY2001-01$0
20Coney Island Resident Association Inc3002 Surf Avenue, Brooklyn, NY 11224NY2014-02$0
Number of organizations performing similar types of work
Alaska7
Alabama40
Arkansas7
Arizona15
California187
Colorado20
Connecticut5
District of Columbia42
Delaware3
Florida97
Georgia63
Hawaii11
Iowa9
Idaho6
Illinois78
Indiana38
Kansas6
Kentucky14
Louisiana22
Massachusetts27
Maryland49
Maine8
Michigan56
Minnesota19
Missouri28
Mississippi17
Montana7
North Carolina51
North Dakota3
Nebraska8
New Hampshire4
New Jersey24
New Mexico12
Nevada13
New York68
Ohio50
Oklahoma14
Oregon22
Pennsylvania46
Rhode Island6
South Carolina16
South Dakota4
Tennessee27
Texas95
Utah7
Virginia49
Vermont2
Washington35
Wisconsin15
West Virginia4
Wyoming7
International6
Total1,469

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