Dumas Economic Development Corporation in Dumas, Texas (TX)
Table of contents:
| Dumas Economic Development Corporation | |
| Employer Identification Number (EIN) | 752767507 |
| Name of Organization | Dumas Economic Development Corporation |
| Address | PO BOX 595, Dumas, TX 79029-0595 |
| Activities | "Unspecified" |
| Subsection | Board of Trade |
| Ruling Date | 08/1999 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 - Not required to file (instrumentalities of states or political subdivisions) |
| Asset Amount | $3,918,124 |
| Amount of Income | $1,640,510 |
| Form 990 Revenue Amount | $996,882 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Economic Development |
Non-representatives - add comments:
Amount of income in 2012: $1,640,510 (it was $838,729 in 2011)
| This organization: | $1,640,510 |
| Other organizations performing similar types of work: | $135,279 |
Assets in 2012: $3,918,124 (it was $2,762,423 in 2011)
| Dumas Economic Development Corporation: | $3,918,124 |
| Other organizations performing similar types of work: | $114,906 |
Expenses in 2012: $769,992
| Dumas Economic Development Corporation: | $769,992 |
| Other organizations performing similar types of work: | $121,073 |
Income to expenses ratio in 2012: 2.1
| Dumas Economic Development Corporation: | 2.1 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2012: 76.6%
| Dumas Economic Development Corporation: | 76.6% |
| Other organizations performing similar types of work: | 8.8% |
Revenue for 2012
Functional expenses for 2012
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| 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 2012) | |
| Total revenue | $996,882 |
| Contributions, Gifts, Grants and Other Similar Amounts | $764,078 |
| Program Service Revenue | $0 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $309 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $18,489 |
| Gross rents (Real / Personal) | $18,489 / $0 |
| Less: rental expenses (Real / Personal) | $0 / $0 |
| Rental income or (loss) (Real / Personal) | $18,489 / $0 |
| Net gain from sales of assets other than inventory | $214,006 |
| Gross amount from sales of assets other than inventory (Securities / Other) | $0 / $857,634 |
| Less: cost or other basis and sales expenses (Securities / Other) | $0 / $643,628 |
| Gain or (loss) (Securities / Other) | $0 / $214,006 |
| 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 2012) | |
| Total functional expenses | $769,992 |
| Compensation of current officers, directors, trustees, and key employees | $104,555 |
| Other salaries and wages | $76,132 |
| Payroll taxes | $13,672 |
| Professional fundraising services | $0 |
| Other | $575,633 |
| Balance Sheet (for 2012) | |
| Total assets | $3,918,124 |
| Total liabilities | $1,501,918 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $1,455,077 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $46,841 |
| Total net assets or fund balances | $2,416,206 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| 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) |
| Write your review! |
|
|
| Recently Added Reviews |
Abundant Grace Praise & Worship Church in Houston, TX
  |
|
Aglow International, 2010896 San Angelo Tx Community Lighthouse Aglow Intl San Angelo Tx in San Angelo, TX
|
| Bob And Dani Muckleroy Foundation in Ovilla, TX |
|
New Beginnings House Of Prayer in Galena Park, TX
|
|
Labor Of Faith Inc in Pearland, TX
|
|
Vandemataram Foundation Usa Inc in Lewisville, TX
|
Pathways Core Training Inc in Irving, TX
 |
|
Mount Sinai Grand Lodge Community Foundation in Houston, TX
|
|
Pogue Family Missions Society in Mckinney, TX
|
| United Christian Services Inc in Hemphill, TX |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | West River Foundation For Economic And Community Development | PO BOX 605, Sturgis, SD 57785-0605 | SD | 2000-10 | $1,093,865 |
| 2 | Whole Planet Foundation | 550 Bowie St, Austin, TX 78703-4644 | TX | 2007-07 | $12,991,792 |
| 3 | Galveston Port Facilities Corporation | 123 Rosenberg 8th Flr, Galveston, TX 77550-1403 | TX | 2005-03 | $8,492,729 |
| 4 | San Antonio Economic Development Corporation | 100 Military Plz, San Antonio, TX 78205-2425 | TX | 2014-09 | $3,066,006 |
| 5 | Greater San Marcos Economic Development Corporation | 202 N C M Allen Pkwy, San Marcos, TX 78666-5732 | TX | 2010-08 | $1,147,239 |
| 6 | Taylor Economic Development | PO BOX 975, Taylor, TX 76574-0975 | TX | 1995-04 | $918,059 |
| 7 | Wharton Economic Development Corp | 1944 N Fulton St, Wharton, TX 77488-2845 | TX | 2001-11 | $706,572 |
| 8 | Anna Community Development Corporation | PO BOX 776, Anna, TX 75409-0776 | TX | 2011-06 | $394,370 |
| 9 | Anna Economic Development Corporation | PO BOX 776, Anna, TX 75409-0776 | TX | 2011-03 | $372,375 |
| 10 | West Columbia Economic Development Corporation | PO BOX 487, West Columbia, TX 77486-0487 | TX | 2002-10 | $343,479 |
| 11 | Promote Houston Ship Channel 2014 Inc | 111 East Loop N, Houston, TX 77029-4326 | TX | 2014-04 | $300,000 |
| 12 | Downtown Amarillo Inc | PO BOX 15108, Amarillo, TX 79105-5108 | TX | 2011-08 | $290,431 |
| 13 | Lake Highlands Improvement District Corporation | 9090 Skillman 182-A Pmb 101, Dallas, TX 75243-8278 | TX | 2011-01 | $261,566 |
| 14 | Row House Community Development | PO BOX 14091, Houston, TX 77221-4091 | TX | 2004-01 | $240,562 |
| 15 | The City Of Refuge Of Houston Inc | 4170 W Greens Rd, Houston, TX 77066-4850 | TX | 2000-11 | $231,403 |
| 16 | Knox Street Improvement District Corporation | 8115 Preston Road, Dallas, TX 75225-6330 | TX | 2011-07 | $204,089 |
| 17 | United Brownsville Coordinating Board Inc | 1301 E Madison St, Brownsville, TX 78520-5757 | TX | 2012-01 | $203,095 |
| 18 | Mannaworks, Sharefest Waco | PO BOX 5383, Waco, TX 76708-0383 | TX | 2010-02 | $185,765 |
| 19 | 501 Procter Street Inc | 4173 39th St, Port Arthur, TX 77642-2227 | TX | 2014-09 | $183,286 |
| 20 | Tye Industrial Development Corporation Inc, Tidco | PO BOX 125, Tye, TX 79563-0125 | TX | 2006-08 | $164,504 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 3,253 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Dumas Economic Development Corporation »
Non-representatives - add comments about Dumas Economic Development Corporation»