Valley Ventures Inc in Weirton, West Virginia (WV)
Table of contents:
| Valley Ventures Inc | |
| Employer Identification Number (EIN) | 161765080 |
| Name of Organization | Valley Ventures Inc |
| Address | 100 Lee Ave, Weirton, WV 26062-4695 |
| Subsection | Charitable Organization |
| Ruling Date | 03/2009 |
| 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 | 12/2011 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $400,806 |
| Amount of Income | $130,185 |
| Form 990 Revenue Amount | $130,185 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Urban, Community Economic Development |
Non-representatives - add comments:
Amount of income in 2011: $130,185 (it was $121,858 in 2010)
| Valley Ventures Inc: | $130,185 |
| Other organizations performing similar types of work: | $141,217 |
Assets in 2011: $400,806 (it was $355,615 in 2010)
| Valley Ventures Inc: | $400,806 |
| Other organizations performing similar types of work: | $121,026 |
Expenses in 2011: $111,927
| Valley Ventures Inc: | $111,927 |
| Other organizations performing similar types of work: | $118,087 |
Income to expenses ratio in 2011: 1.2
| Valley Ventures Inc: | 1.2 |
| Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2011: 64.3%
| This organization: | 64.3% |
| Other organizations performing similar types of work: | 87.4% |
Revenue for 2011
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011) | |
| Total revenue | $130,185 |
| Contributions, gifts, grants, and similar amounts received | $83,725 |
| Program service revenue including government fees and contracts | $44,900 |
| Membership dues and assessments | $0 |
| Investment income | $1,560 |
| 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 | $111,927 |
| Total net assets | $110,208 |
| Excess for the year | $18,258 |
| Net assets or fund balances at beginning of year | $91,950 |
| Other changes in net assets or fund balances | $0 |
| Balance Sheets (for 2011) | |
| Total assets | $400,806 |
| Total liabilities | $290,598 |
| Net assets or fund balances | $110,208 |
| Other Information (for 2011) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| 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 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 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2011) | |
| 2007 - 2011 Total | |
|---|---|
| Total support | $278,428 |
| Gifts, grants, contributions, and membership fees received | $189,905 |
| 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 | $46,460 |
| 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 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $38,600 |
| Other | $3,463 |
| Write your review! |
|
|
| Recently Added Reviews |
International Association Of Machinists & Aerospace Workers in Genoa, WV
 |
| Save A Kitty Feral Cat Program Inc in Parkersburg, WV |
|
Santa Jeff Foundation in Huntington, WV
|
|
Keith Full Gospel Church in Owgas, WV
|
|
New River Jazz in Beckley, WV
|
Prison Fellowship Ministries Of Kanawha Valley in Saint Albans, WV
 |
|
Order Of Ahepa Daughters Of Penelope 256 Semale, Daughters Of Penelope Chapter 256 in Wheeling, WV
|
|
Positive Spin Incorporated in Morgantown, WV
|
|
Movercise in Wheeling, WV
|
|
Time For Usa Inc in Parkersburg, WV
|
| 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 | Bluefield State College Research And Development Corporation | 219 Rock Street Tax Exempt, Bluefield, WV 24701 | WV | 2003-03 | $1,187,302 |
| 3 | The Center Of Workforce Innovations Inc | 2804 Boilermaker Ct Ste E, Valparaiso, IN 46383-8418 | IN | 2000-06 | $8,642,806 |
| 4 | Grow America Fund Inc | 708 Third Avenue, New York, NY 10017-4201 | NY | 2013-02 | $8,175,642 |
| 5 | Capitalplus Exchange Corporation | 100 N Lasalle Street No 1710, Chicago, IL 60602 | IL | 2004-02 | $7,860,918 |
| 6 | Old Spanish Trail-Almeda Corridors Redevelopment Authority | 5445 Almeda Rd Ste 545, Houston, TX 77004-7450 | TX | 2014-09 | $7,381,617 |
| 7 | Rainier Valley Community Development Fund | 6951 Martin Luther King Jr Way S 22, Seattle, WA 98118-3597 | WA | 2003-12 | $6,748,450 |
| 8 | Downtown Pkb Inc | 409 1/2 Market St, Parkersburg, WV 26101 | WV | 2014-05 | $204,850 |
| 9 | Valley Ventures Inc | 100 Lee Ave, Weirton, WV 26062-4695 | WV | 2009-03 | $130,185 |
| 10 | Wheeling National Heritage Area Foundation | 1400 Main St, Wheeling, WV 26003-2824 | WV | 2001-05 | $61,402 |
| 11 | Jobs Foundation | 500 Neville St, Beckley, WV 25801-5342 | WV | 2001-06 | $55,018 |
| 12 | Forward Southern West Virginia Inc | PO BOX 5128, Beckley, WV 25801-7501 | WV | 2000-01 | $44,524 |
| 13 | Pocahontas Woods Inc | 115 Trotters Branch Road, Union, WV 24983 | WV | 2002-09 | $32,772 |
| 14 | Business Resource And Information Center Inc | 407 Ridgewood Drive, Beaver, WV 25813 | WV | 2007-07 | $0 |
| 15 | Hurricane Development Authority Inc | 3255 Teays Valley Rd, Hurricane, WV 25526-1319 | WV | 2014-02 | $0 |
| 16 | Marsh Fork Community Association | N/A, Na, WV 25174 | WV | 2011-07 | $0 |
| 17 | Mineral County Development Authority | 87 N Main Street Ste 1, Keyser, WV 26726-3218 | WV | 2000-11 | $0 |
| 18 | Mountain Partners In Community Development Inc | Po Box 1184, Elkins, WV 26241 | WV | 1996-03 | $0 |
| 19 | Shinnston Area Development Foundation | PO BOX 23, Shinnston, WV 26431-0023 | WV | 2003-10 | $0 |
| 20 | West Virginia Community Development Financial Institution Inc | PO BOX 2204, Charleston, WV 25328-2204 | WV | 2003-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 1,538 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Valley Ventures Inc »
Non-representatives - add comments about Valley Ventures Inc»