Walton County Economic Development Alliance Inc in Defuniak Spgs, Florida (FL)

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Walton County Economic Development Alliance Inc
Employer Identification Number (EIN)263562532
Name of OrganizationWalton County Economic Development Alliance Inc
In Care of NameDawn Moliterno
Address76 N 6th St, Defuniak Spgs, FL 32433-1331
SubsectionChamber of Commerce
Ruling Date06/2009
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$247,394
Amount of Income$215,592
Form 990 Revenue Amount$215,592
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2014: $215,592 (it was $104,571 in 2013)
This organization: 

 $215,592
Other organizations performing similar types of work: 

 $141,217

Assets in 2014: $247,394 (it was $146,946 in 2013)
Walton County Economic Development Alliance Inc: 

 $247,394
Other organizations performing similar types of work: 

 $121,026

Expenses in 2013: $129,323
Walton County Economic Development Alliance Inc: 

 $129,323
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2013: 1.7
This organization: 

 1.7
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2013: 96.2%
Walton County Economic Development Alliance Inc: 

 96.2%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$104,571
Contributions, gifts, grants, and similar amounts received$100,548
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0
Other revenue$4,023
Total expenses$129,323
Total net assets$146,946
Excess/Deficit for the year$-24,752
Net assets or fund balances at beginning of year$171,698
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$146,946
Balance Sheets
201120122013
Total assets$146,155$171,698$146,946
Total liabilities$0$0$0
Net assets or fund balances$146,946
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ventura County Community Development Corporation2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813CA2003-05$5,683,551
2Endeavor Miami Inc121 Alhambra Plaza, Coral Gables, FL 33134-4540FL2014-07$600,019
3Tampa Bay Partnership Regional Research & Educational Foundation4300 West Cypress Street, Tampa, FL 33607-4159FL1997-05$287,682
4Walton County Economic Development Alliance Inc76 N 6th St, Defuniak Spgs, FL 32433-1331FL2009-06$215,592
5Lynn Haven Main Street Inc825 Ohio Ave, Lynn Haven, FL 32444-2351FL2012-10$168,743
6Lincoln Park MainstreetPO BOX 3224, Fort Pierce, FL 34948-3224FL2008-05$71,821
7The Community Neighborhood Renaissance Partnershipinc300 South Adams Street, Tallahassee, FL 32301FL2001-11$33,762
8Miami Beach United Inc1125 Washington Avenue, Miami Beach, FL 33139FL2013-01$3,430
9Acts Community Development Corporation344 Sw 4th Ave, Homestead, FL 33030-7034FL2004-04$0
10Beta Beta Lambda Alphaland Community Development Corporation I8523 Nw 164 St, Miami Lakes, FL 33016FL2007-07$0
11Century Community Development Partnership IncPO BOX 535, Century, FL 32535-0535FL2006-10$0
12College Parkway Redevelopment Group Inc5460 Beaujolais Lane, Fort Myers, FL 33919FL2014-10$0
13Community Coalition Of South Dade IncP O Box 924859, Princeton, FL 33092FL2012-06$0
14Durrs Community Association Inc713 Nw 19th Ave, Ft Lauderdale, FL 33311-7833FL2012-05$0
15Eastside Historical Community Foundation Inc6109 Ardisia Rd W, Jacksonville, FL 32209-2031FL2003-02$0
16Faith Community Development Outreach Inc3011 Nw 183 Street, Miami Gardens, FL 33056FL2001-09$0
17Famu Community Development Corporation, Famu CdcPO BOX 7356, Tallahassee, FL 32314-7356FL1999-11$0
18Florida Agricultural Crimes Intelligence Unit Inc, FaciuPO BOX 579, Labelle, FL 33975-0579FL1993-07$0
19Florida North Shore Technology Centers Inc609 Piedmont Dr, Tallahassee, FL 32312FL1996-03$0
20Friends Of Historic Canal Street Inc412 Canal St, New Smyrna Beach, FL 32168FL2011-04$0
Number of organizations performing similar types of work
Alaska2
Alabama36
Arkansas9
Arizona16
California121
Colorado26
Connecticut22
District of Columbia16
Delaware6
Florida53
Georgia54
Hawaii10
Iowa18
Idaho7
Illinois68
Indiana30
Kansas9
Kentucky18
Louisiana32
Massachusetts22
Maryland45
Maine10
Michigan54
Minnesota10
Missouri35
Mississippi17
Montana9
North Carolina65
North Dakota5
Nebraska6
New Hampshire8
New Jersey38
New Mexico14
Nevada6
New York135
Ohio94
Oklahoma18
Oregon18
Pennsylvania93
Rhode Island2
South Carolina34
South Dakota10
Tennessee36
Texas74
Utah5
Virginia30
Vermont9
Washington29
Wisconsin30
West Virginia14
Wyoming3
International7
Total1,538

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