Valley Central Scholarship Council in Montgomery, New York (NY)
Table of contents:
| Valley Central Scholarship Council | |
| Employer Identification Number (EIN) | 222145185 |
| Name of Organization | Valley Central Scholarship Council |
| Address | 1175 State Route 17k, Montgomery, NY 12549-2210 |
| Activities | Scholarships (other) |
| Subsection | Educational Organization, Charitable Organization |
| Ruling Date | 04/1977 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $80,237 |
| Amount of Income | $34,454 |
| Form 990 Revenue Amount | $34,454 |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $20,934 | $24,391 | $34,454 |
| Contributions, gifts, grants, and similar amounts received | $0 | $150 | $50 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $1,034 | $449 | $335 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $19,900 | $23,792 | $34,069 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $30,760 | $34,697 | $34,069 |
| Less: direct expenses from gaming and fundraising events | $10,860 | $10,905 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $31,214 | $30,255 | $35,369 |
| Total net assets | $87,016 | $81,152 | $80,237 |
| Excess/Deficit for the year | $-10,280 | $-5,864 | $-915 |
| Net assets or fund balances at beginning of year | $97,296 | $87,016 | $81,152 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $81,152 | $80,237 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $87,016 | $81,152 | $80,237 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $87,016 | $81,152 | $80,237 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| 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 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $161,958 |
| Subtotal Support | $161,958 |
| Gifts, grants, contributions, and membership fees received | $161,958 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $161,958 |
| Public Support | $161,958 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
|
Untapped Shores International Inc in Rochester, NY
|
| Stein Senior Center Inc in New York, NY |
Romulus Club Inc in Buffalo, NY
 |
| Clarendon Historical Society in Clarendon, NY |
| Grace Fellowship Ministries Inc in Brooklyn, NY |
| The Bridge Inc in New York, NY |
|
Gateway Youth Outreach Inc in Elmont, NY
|
|
Lucis Trust And Arcane School in New York, NY
|
| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Valani Foundation Inc | 36 W 44th St Ste 816, New York, NY 10036-8105 | NY | 2000-01 | $4 |
| 2 | Valatie Free Library | PO BOX 336, Valatie, NY 12184-0336 | NY | 1992-10 | $103,721 |
| 3 | Valatie Volunteer Rescue Squad Inc | PO BOX 242, Valatie, NY 12184-0242 | NY | 1972-06 | $1,469,646 |
| 4 | Vale Cemetery Association | 907 State St, Schenectady, NY 12307-1203 | NY | 1943-02 | $511,646 |
| 5 | Valeria E Hoffert Scholarship Trust | 1100 Wehrle Drive 2nd Floor, Buffalo, NY 14221-7748 | NY | 1994-05 | $486,114 |
| 6 | Valerie And Jeffrey S Wilpon Foundation | 111 Great Neck Rd Ste 408, Great Neck, NY 11021-5404 | NY | 2001-08 | $2,067 |
| 7 | Valerie-Charles Diker Fund Inc | 730 5th Ave Fl 15, New York, NY 10019-4105 | NY | 1961-03 | $1,147,790 |
| 8 | Valhalla Schools Foundation Inc | PO BOX 91, Valhalla, NY 10595 | NY | 2001-07 | $42,617 |
| 9 | Valhalla Teachers Assn Benefit Fund, Phelan Tom Ttee | 300 Columbus Ave, Valhalla, NY 10595-1333 | NY | 2001-02 | $412,310 |
| 10 | Valicenti Family Foundation Inc | 400 E Water St, Elmira, NY 14901-3411 | NY | 2007-09 | $49,715 |
| 11 | Valley Central Scholarship Council | 1175 State Route 17k, Montgomery, NY 12549-2210 | NY | 1977-04 | $34,454 |
| 12 | Valley Central Teachers Association Bebefit Fund | C/O Lisa Coney 1187 Route 17 K, Montgomery, NY 12549 | NY | 1988-04 | $781,683 |
| 13 | Valley Central Youth Football And Cheerleading Inc | 812 Tower Ave, Maybrook, NY 12543-1326 | NY | 2003-04 | $37,686 |
| 14 | Valley Falls Free Library | 42 State Street, Valley Falls, NY 12185 | NY | 1998-11 | $0 |
| 15 | Valley Restoration Local Development Corporation | 949 Amsterdam Ave, New York, NY 10025-3075 | NY | 1980-10 | $152,237 |
| 16 | Valley Rural Housing Corporation | 41 Market Street, Amsterdam, NY 12010-4435 | NY | 1994-07 | $60,624 |
| 17 | Valley School Foundation | 4961 Dyke Rd, Beaver Dams, NY 14812-9646 | NY | 2009-04 | $1 |
| 18 | Valley Snow Travelers Of Lewis County Inc | 7491 State Route 12, Lowville, NY 13367-2814 | NY | 1993-02 | $57,660 |
| 19 | Valley Soaring Club Inc | PO BOX 3062, Middletown, NY 10940-0659 | NY | 1997-05 | $80,457 |
| 20 | Valley Stream Boulevard Corp | 201 W Valley Stream Blvd, Valley Stream, NY 11580-5538 | NY | 1989-05 | $151,579 |
Organization representatives - add corrected or new information about Valley Central Scholarship Council »
Non-representatives - add comments about Valley Central Scholarship Council»