Emporia-Greensville Industrial Development Corporation in Emporia, Virginia (VA)

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Emporia-Greensville Industrial Development Corporation
Employer Identification Number (EIN)540792079
Name of OrganizationEmporia-Greensville Industrial Development Corporation
Address425 S Main St Ste H, Emporia, VA 23847-2300
ActivitiesAttracting new industry or retaining industry in an area
SubsectionBusiness League
Ruling Date07/1966
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Tax Period06/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$50,655
Amount of Income$144,846
Form 990 Revenue Amount$130,738
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2012: $144,846 (it was $218,880 in 2011)
Emporia-Greensville Industrial Development Corporation: 

 $144,846
Other organizations performing similar types of work: 

 $190,298

Assets in 2012: $50,655 (it was $180,177 in 2011)
Emporia-Greensville Industrial Development Corporation: 

 $50,655
Other organizations performing similar types of work: 

 $326,461

Expenses in 2012: $231,022
This organization: 

 $231,022
Other organizations performing similar types of work: 

 $231,022

Income to expenses ratio in 2012: 0.6
This organization: 

 0.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 84.0%
Emporia-Greensville Industrial Development Corporation: 

 84.0%
Other organizations performing similar types of work: 

 35.7%

Financial snapshot ($)

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$130,738
Contributions, Gifts, Grants and Other Similar Amounts$109,823
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$65
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$2,182
Gross rents (Real / Personal)$2,182 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$2,182 / $0
Net gain from sales of assets other than inventory$13,343
Gross amount from sales of assets other than inventory (Securities / Other)$21,000 / $6,451
Less: cost or other basis and sales expenses (Securities / Other)$7,500 / $6,608
Gain or (loss) (Securities / Other)$13,500 / $-157
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$5,325
Statement of Functional Expenses (for 2012)
Total functional expenses$231,022
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$56,994
Payroll taxes$4,233
Professional fundraising services$0
Other$169,795
Balance Sheet (for 2012)
Total assets$50,655
Total liabilities$0
Total net assets or fund balances$50,655
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:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Uptown Columbus IncPO BOX 1237, Columbus, GA 31902-1237GA1985-04$12,826,789
2South Bronx Overall Economic Development Corporation555 Bergen Ave, Bronx, NY 10455-1368NY1973-08$8,444,805
3West Central Indiana Economic Development District Inc1718 Wabash Ave, Terre Haute, IN 47807-3323IN1969-08$5,403,201
4South Georgia Regional Development CenterPO BOX 1223, Valdosta, GA 31603-1223GA1979-09$4,665,054
5Warriors Inc2733 Market St, Youngstown, OH 44507-1612OH1998-08$2,042,544
6Sierra Vista Economic Development750 Bartow, Sierra Vista, AZ 85635-1827AZ1987-06$1,835,033
7Stand Up For Salem IncFenwick Plaza Suite 7, Salem, NJ 08079NJ1989-09$1,714,895
8Tule River Economic Development Corporation2780 W Yowlumne Ave Ste A559, Porterville, CA 93257-9592CA1992-07$1,156,764
9Sunrise County Economic Council53 Prescott Dr Suite 3, Machias, ME 04654-3424ME1995-03$1,012,879
10Urban Enterprise Association Of Hammond Indiana Inc649 Conkey St, Hammond, IN 46324-1158IN1993-06$922,216
11South Hill Community Development Association Inc201 S Mecklenburg Ave, South Hill, VA 23970-2619VA1988-04$306,560
12Columbia Pike Revitalization Organization Inc2611 Columbia Pike, Arlington, VA 22204-4409VA1987-04$283,239
13Culpeper Renaissance Inc127 W Davis St, Culpeper, VA 22701-3017VA1989-08$256,526
14Martinsville Uptown Revitalization AssociationPO BOX 614, Martinsville, VA 24114-0614VA1995-09$182,350
15Emporia-Greensville Industrial Development Corporation425 S Main St Ste H, Emporia, VA 23847-2300VA1966-07$144,846
16Petersburg Community Development Corporation236 S Adams St, Petersburg, VA 23803-4537VA1990-08$113,944
17Concerned Citizens Of Cape Charles400 Jefferson Avenue, Cape Charles, VA 23310VA1996-08$0
18Lynch S Ferry Authority IncPO BOX 798, Lynchburg, VA 24505-0798VA1988-03$0
19Virginia Beach Care IncPrincess Anne Executive Park Bldg 5, Virginia Beach, VA 23456VA1996-02$0
20Virginia Microenterprise Network4505 Wythe Avenue, Richmond, VA 23221VA1995-10$0
Number of organizations performing similar types of work
Alaska1
Alabama4
Arkansas6
Arizona6
California34
Colorado8
Connecticut9
District of Columbia7
Florida22
Georgia12
Hawaii1
Iowa18
Idaho3
Illinois30
Indiana20
Kansas1
Kentucky5
Louisiana8
Massachusetts17
Maryland11
Maine2
Michigan17
Minnesota11
Missouri17
Mississippi6
Montana4
North Carolina24
North Dakota3
Nebraska2
New Hampshire2
New Jersey17
New Mexico2
Nevada3
New York59
Ohio18
Oklahoma5
Oregon4
Pennsylvania32
South Carolina7
South Dakota3
Tennessee11
Texas21
Utah1
Virginia10
Vermont1
Washington6
Wisconsin14
West Virginia3
Wyoming2
International1
Total531

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