Palestine Development Association in Palestine, Illinois (IL)
Table of contents:
| Palestine Development Association | |
| Employer Identification Number (EIN) | 371398957 |
| Name of Organization | Palestine Development Association |
| In Care of Name | James A Ellis |
| Address | PO BOX 101, Palestine, IL 62451-0101 |
| Subsection | Charitable Organization |
| Ruling Date | 02/2001 |
| 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 | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $239,766 |
| Amount of Income | $63,352 |
| Form 990 Revenue Amount | $50,575 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General) |
Non-representatives - add comments:
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $51,133 | $47,378 | $50,575 |
| Contributions, gifts, grants, and similar amounts received | $30,346 | $34,684 | $33,815 |
| Program service revenue including government fees and contracts | $17,217 | $15,629 | $15,037 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $49 | $606 | $824 |
| Gain/Loss from sale of assets other than inventory | $1,458 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,087 | $-3,541 | $899 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $15,501 | $17,716 | $13,676 |
| Less: direct expenses from gaming and fundraising events | $14,414 | $21,257 | $12,777 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $976 | $0 | $0 |
| Total expenses | $74,981 | $34,514 | $32,397 |
| Total net assets | $208,349 | $221,213 | $239,391 |
| Excess/Deficit for the year | $-23,848 | $12,864 | $18,178 |
| Net assets or fund balances at beginning of year | $232,377 | $208,349 | $221,213 |
| Other changes in net assets or fund balances | $-180 | $0 | $0 |
| Net assets or fund balances at end of year | $221,213 | $239,391 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $209,644 | $221,213 | $239,766 |
| Total liabilities | $1,295 | $0 | $375 |
| Net assets or fund balances | $208,349 | $221,213 | $239,391 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| 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 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public Support | $177,877 |
| Subtotal Support | $214,442 |
| Gifts, grants, contributions, and membership fees received | $214,442 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $36,565 |
| Total Support | $299,276 |
| Public Support | $214,442 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,561 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $83,273 |
| Gross receipts from related activities, etc. | $15,032 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Palatine Celtic Soccer Club | 250 E Wood St, Palatine, IL 60067-5332 | IL | 1997-05 | $1,224,768 |
| 2 | Palatine H O G Chapter Inc | 2015 N Rand Road, Palatine, IL 60074 | IL | 2003-06 | $0 |
| 3 | Palatine High Pirate Booster Club | 1111 N Rohlwing Rd, Palatine, IL 60074-3777 | IL | 1989-06 | $152,230 |
| 4 | Palatine Kiwanis Foundation Incorporated | PO BOX 781, Palatine, IL 60067 | IL | 1994-10 | $141,377 |
| 5 | Palatine Opportunity Center | 1585 N Rand Rd, Palatine, IL 60074-2919 | IL | 1994-02 | $370,483 |
| 6 | Palatine Park Foundation | 486 Parkside, Palatine, IL 60067 | IL | 1996-05 | $18,457 |
| 7 | Palatine Swim Team | 250 E Wood St, Palatine, IL 60067-5332 | IL | 2000-07 | $434,445 |
| 8 | Palatine Township Needy Family Fund Inc | 721 S Quentin Rd Ste 101, Palatine, IL 60067-6778 | IL | 1996-08 | $153,312 |
| 9 | Palatine Township Report Inc | 721 S Quentin Rd, Palatine, IL 60067-6760 | IL | 1993-07 | $31,313 |
| 10 | Palestine Chamber Of Commerce | PO BOX 155, Palestine, IL 62451-0155 | IL | 1951-11 | $189,049 |
| 11 | Palestine Development Association | PO BOX 101, Palestine, IL 62451-0101 | IL | 2001-02 | $63,352 |
| 12 | Palette And Chisel Academy Of Fine Arts | 1012 N Dearborn St, Chicago, IL 60610-2804 | IL | 1981-08 | $560,845 |
| 13 | Palette Masque And Lyre, P L & M Theatre | PO BOX 23, Antioch, IL 60002-0023 | IL | 1987-09 | $120,865 |
| 14 | Palimos Po | 124 N Center St, Naperville, IL 60540-4613 | IL | 2006-05 | $1,410 |
| 15 | Palm Beach Community Chest United Way Charitable Trust 34222298 | PO BOX 803878, Chicago, IL 60680-3878 | IL | 2002-08 | $1,607,554 |
| 16 | Palm Project 2000 Inc | 124 Sw Adams St Suite 315, Peoria, IL 61602 | IL | 1989-01 | $1,959 |
| 17 | Palmer Family Foundation | 3604 Scottsdale Cir, Naperville, IL 60564-4629 | IL | 2007-12 | $57,512 |
| 18 | Palmer-Morrisonville Recreation Association Inc | Po Box 107, Morrisonville, IL 62546 | IL | 1982-05 | $13,347 |
| 19 | Palos 118 Educational Foundation | 8800 W 119th Street, Palos Park, IL 60464-1081 | IL | 1999-03 | $20,537 |
| 20 | Palos Bank Foundation Inc | 12600 S Harlem Ave, Palos Heights, IL 60463-1488 | IL | 2002-09 | $22,000 |
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