Farmington Betterment Association in Farmington, Illinois (IL)

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Farmington Betterment Association
Employer Identification Number (EIN)371361967
Name of OrganizationFarmington Betterment Association
In Care of NameJoseph L Higgs
Address16 N Main Street, Farmington, IL 61531
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Other activity aimed t combating community deterioration
SubsectionCharitable Organization
Ruling Date02/1997
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$3,559
Amount of Income$5
Form 990 Revenue Amount$5
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2012: $5 (it was $5 in 2011)
Farmington Betterment Association: 

 $5
Other organizations performing similar types of work: 

 $141,217

Assets in 2012: $3,559 (it was $3,559 in 2011)
This organization: 

 $3,559
Other organizations performing similar types of work: 

 $121,026

Expenses in 2011: $35
Farmington Betterment Association: 

 $35
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2011: 0.1
Farmington Betterment Association: 

 0.1
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2011: 0.0%
Farmington Betterment Association: 

 0.0%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$5
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$5
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$35
Total net assets$3,559
Deficit for the year$-30
Net assets or fund balances at beginning of year$3,589
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$3,559
Total liabilities$0
Net assets or fund balances$3,559
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
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$683
Gifts, grants, contributions, and membership fees received$260
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$363
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$60
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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
2Capitalplus Exchange Corporation100 N Lasalle Street No 1710, Chicago, IL 60602IL2004-02$7,860,918
3World Business Chicago177 N State St Ste 500, Chicago, IL 60601-3611IL2000-08$4,555,351
4The Rebirth Of Englewood Community Development Corporation, Barnes Vincent1912 W 63rd St, Chicago, IL 60636-2112IL1996-08$918,634
5The Lincoln Park Society1601 N Clark St, Chicago, IL 60614-6038IL1997-02$877,852
6Fellowship Educational And Economic Development Corporation4543 S Princeton Ave, Chicago, IL 60609-3620IL2012-05$737,461
7West Side 20001019 S May St, Chicago, IL 60607-4232IL1999-07$379,355
8River East Ventures Inc Nfp1001 N 15th Street, East Saint Louis, IL 62205IL2011-11$317,997
9Spoon River Partnership For Economic Development, Srped45 E Side Sq Ste 303, Canton, IL 61520-2673IL2006-09$196,045
10East St Louis Consortium For Progress Development And700 N 20th Street, East St Louis, IL 62205IL2011-06$188,387
11Rock River Development Partnership124 N WATER STREET PO BOX 4244 NO, Rockford, IL 61107-3960IL2011-02$173,815
12Plainfield Riverfront Foundation15518 S Joliet Rd, Plainfield, IL 60544-8000IL2010-06$160,144
13Moline Community Development Corporation Nfp619 16th St, Moline, IL 61265IL2010-04$135,989
14Downtown Development Corporation Of Peoria820 Sw Adams St, Peoria, IL 61602-1623IL2015-02$113,334
15West Suburban Chamber Of Commerce & Industry Foundation9440 Joliet Road Room/Suite B, Hodgkins, IL 60525-7278IL2001-11$61,140
16South Elgin Economic Development CouncilPo Box 678, South Elgin, IL 60177IL2003-01$22,104
17Renew Dekalb1130 Glidden Ave, Dekalb, IL 60115-4358IL2010-08$18,405
18Community Development Corporation Of The Bloomington-Normal Area200 W College Ave, Normal, IL 61761-2552IL2012-11$1,243
19Urban Development & Support Group Inc20145 Catalpa Ave, Lynwood, IL 60411-6806IL2002-04$749
20Farmington Betterment Association16 N Main Street, Farmington, IL 61531IL1997-02$5
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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