Downtown Spokane Ventures Association in Spokane, Washington (WA)
Table of contents:
| Downtown Spokane Ventures Association | |
| Employer Identification Number (EIN) | 911973749 |
| Name of Organization | Downtown Spokane Ventures Association |
| In Care of Name | Michael Edwards |
| Address | 10 N Post St Ste 400, Spokane, WA 99201-0706 |
| Subsection | Charitable Organization |
| Ruling Date | 09/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $120,807 |
| Amount of Income | $73,227 |
| Form 990 Revenue Amount | $73,227 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Urban, Community Economic Development |
Non-representatives - add comments:
Amount of income in 2013: $73,227 (it was $59,500 in 2012)
| This organization: | $73,227 |
| Other organizations performing similar types of work: | $141,217 |
Assets in 2013: $120,807 (it was $119,532 in 2012)
| This organization: | $120,807 |
| Other organizations performing similar types of work: | $121,026 |
Expenses in 2013: $84,627
| Downtown Spokane Ventures Association: | $84,627 |
| Other organizations performing similar types of work: | $118,087 |
Income to expenses ratio in 2013: 0.9
| This organization: | 0.9 |
| Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2013: 99.7%
| Downtown Spokane Ventures Association: | 99.7% |
| Other organizations performing similar types of work: | 87.4% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $137,013 | $59,500 | $73,227 |
| Contributions, gifts, grants, and similar amounts received | $121,598 | $59,000 | $73,000 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $15,415 | $500 | $227 |
| Total expenses | $65,303 | $119,250 | $84,627 |
| Total net assets | $89,387 | $29,637 | $18,237 |
| Excess/Deficit for the year | $71,710 | $-59,750 | $-11,400 |
| Net assets or fund balances at beginning of year | $17,677 | $89,387 | $29,637 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $29,637 | $18,237 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $142,747 | $119,532 | $120,807 |
| Total liabilities | $53,360 | $89,895 | $102,570 |
| Net assets or fund balances | $89,387 | $29,637 | $18,237 |
| 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: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $359,724 |
| Subtotal | $359,724 |
| Gifts, grants, contributions, and membership fees received | $359,724 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $359,724 |
| Public support | $359,724 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Career Connections in Spokane, WA
   |
|
Truth Ministries Of Spokane in Spokane, WA
|
|
South Beach Christian Outreach in Westport, WA
|
|
Impact Ministries With The Michalskis in Redmond, WA
|
|
Hoarding Project in Tacoma, WA
|
|
Sustainable Ne Seattle in Seattle, WA
|
| Ray Hickey Foundation in Vancouver, WA |
| Percie Road Water Association in Custer, WA |
|
Evergreen Empowerment Group in Tacoma, WA
|
| Apple Valley T V Association in Wenatchee, WA |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Ventura County Community Development Corporation | 2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813 | CA | 2003-05 | $5,683,551 |
| 2 | Rainier Valley Community Development Fund | 6951 Martin Luther King Jr Way S 22, Seattle, WA 98118-3597 | WA | 2003-12 | $6,748,450 |
| 3 | Pike Place Market Qalicb | 85 Pike St Ste 500, Seattle, WA 98101-2166 | WA | 2011-05 | $2,573,265 |
| 4 | Urban Mobility Group | 1809 7th Ave Ste 900, Seattle, WA 98101-1330 | WA | 2008-08 | $844,496 |
| 5 | Industrial Park At Transalta | 1111 Big Hanaford Rd, Centralia, WA 98531-9104 | WA | 2010-10 | $673,160 |
| 6 | West Seattle Junction Association | 4210 Sw Oregon Street Suite A, Seattle, WA 98116-4236 | WA | 2002-05 | $501,015 |
| 7 | William M Factory Small Business Incubator | 1423 E 29th St, Tacoma, WA 98404-4008 | WA | 1996-02 | $497,091 |
| 8 | Langley Main Street Association, Langley Main Street | PO BOX 1226, Langley, WA 98260-1226 | WA | 2011-10 | $126,395 |
| 9 | Community Enrichment For Klickitat County | 304 Fish Hatchery Rd, Goldendale, WA 98620-3201 | WA | 2009-12 | $118,219 |
| 10 | Americans Building Community | Po Box 5888, Vancouver, WA 98668 | WA | 2010-09 | $76,224 |
| 11 | Network For Business Innovation And Substainability, Seattle University Business And Eco | 27917 142nd Ave Sw, Vashon, WA 98070-8223 | WA | 2011-03 | $66,792 |
| 12 | Spokane Neighborhood Economic Development Alliance | PO BOX 7540, Spokane, WA 99207-0409 | WA | 2000-02 | $44,865 |
| 13 | Action Better City A Nonprofit Corporation | 2025 1st Ave Ste 420, Seattle, WA 98121-2176 | WA | 2001-01 | $0 |
| 14 | Bridge To Bridge River To Railroad Development Corporation | PO BOX 5493, Kennewick, WA 99336-0493 | WA | 2005-01 | $0 |
| 15 | Center For Economic Opportunity | 360 Washington Ave Unit 305, Bremerton, WA 98337 | WA | 2009-03 | $0 |
| 16 | Cheney Jubilee | 1921 1st St Pmb 973, Cheney, WA 99004 | WA | 2000-11 | $0 |
| 17 | Chinese Business And Technology Association Of Greater Seattle | 614 122nd Ave Ne, Bellevue, WA 98005-3117 | WA | 2003-06 | $0 |
| 18 | Cms Contract Management Services | PO BOX 2189, Bremerton, WA 98310-0294 | WA | 2012-10 | $0 |
| 19 | Craft3 Future Energy Fund | 203 Howerton Way Se, Ilwaco, WA 98624-9089 | WA | 2015-01 | $0 |
| 20 | Hood Canal Improvement Club | Po Box 312, Union, WA 98592 | WA | 1987-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,538 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Downtown Spokane Ventures Association »
Non-representatives - add comments about Downtown Spokane Ventures Association»