Prophetstown Main Street Program in Prophetstown, Illinois (IL)
Table of contents:
| Prophetstown Main Street Program | |
| Employer Identification Number (EIN) | 363927127 |
| Name of Organization | Prophetstown Main Street Program |
| Address | 335 Washington St, Prophetstown, IL 61277-1146 |
| Activities | Area development, redevelopment of renewal |
| Subsection | Charitable Organization |
| Ruling Date | 07/1994 |
| 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 | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $135,196 |
| Amount of Income | $150,666 |
| Form 990 Revenue Amount | $127,710 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General) |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $45,263 | $44,646 | $127,710 |
| Contributions, gifts, grants, and similar amounts received | $2,524 | $0 | $100,564 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $30,823 | $23,994 | $19,698 |
| Investment income | $89 | $0 | $358 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $10,042 | $18,692 | $5,135 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $26,057 | $42,315 | $27,687 |
| Less: direct expenses from gaming and fundraising events | $16,015 | $23,623 | $22,552 |
| Gross profit/loss from sales of inventory | $385 | $286 | $-110 |
| Gross sales of inventory, less returns and allowances | $385 | $286 | $294 |
| Less: cost of goods sold | $0 | $0 | $404 |
| Other revenue | $1,400 | $1,674 | $2,065 |
| Total expenses | $42,575 | $32,188 | $34,546 |
| Total net assets | $27,802 | $40,260 | $133,424 |
| Excess/Deficit for the year | $2,688 | $12,458 | $93,164 |
| Net assets or fund balances at beginning of year | $25,114 | $27,802 | $40,260 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $40,260 | $133,424 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $29,250 | $41,833 | $135,196 |
| Total liabilities | $1,448 | $1,573 | $1,772 |
| Net assets or fund balances | $27,802 | $40,260 | $133,424 |
| 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 | $383,368 |
| Subtotal | $383,368 |
| Gifts, grants, contributions, and membership fees received | $236,033 |
| 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 | $139,001 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $8,334 |
| 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 | $383,988 |
| Public support | $383,368 |
| Subtotal | $620 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $620 |
| 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 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Project Vida Inc | 2659 S Kedvale Ave, Chicago, IL 60623-4322 | IL | 1992-09 | $400,126 |
| 2 | Prologue Inc | 1135 N Cleaver St, Chicago, IL 60642-4002 | IL | 1973-09 | $9,514,336 |
| 3 | Promise Center For The Developmently Disabled | 2900 State St, E Saint Louis, IL 62205-2234 | IL | 1981-07 | $980,228 |
| 4 | Promise Development Corporation | 2900 State St, E Saint Louis, IL 62205-2234 | IL | 1990-05 | $0 |
| 5 | Promised Land Employment Service, Careers Etc | 412 N Church St, Rockford, IL 61103-6811 | IL | 1986-02 | $180,001 |
| 6 | Promotional Professionals Association Of Chicago Inc | 2625 Butterfield Rd Ste 138s, Oak Brook, IL 60523-1244 | IL | 1989-05 | $357,799 |
| 7 | Prop Club | 264 Maple Grv, Springfield, IL 62712-9527 | IL | 2014-10 | $72,557 |
| 8 | Prophetic Healing Ministries | 1012 East Ottawa, Litchfield, IL 62056 | IL | 2006-05 | $0 |
| 9 | Prophets Place Inc | 1155 E Vienna St 175, Anna, IL 62906-2043 | IL | 2004-10 | $5,448 |
| 10 | Prophetstown Area Community Foundation | 114 W 3rd St, Prophetstown, IL 61277-1102 | IL | 2006-02 | $812,629 |
| 11 | Prophetstown Main Street Program | 335 Washington St, Prophetstown, IL 61277-1146 | IL | 1994-07 | $150,666 |
| 12 | Prophetstown-Lyndon Education Foundation | PO BOX 157, Prophetstown, IL 61277-0157 | IL | 1991-04 | $207,472 |
| 13 | Propionic Acidemia Foundation | 1963 Mccraren Rd, Highland Park, IL 60035-2228 | IL | 2003-11 | $62,890 |
| 14 | Elevarte Community Studio | PO BOX 8191, Chicago, IL 60608-0191 | IL | 1978-02 | $643,995 |
| 15 | Prospect Band Boosters Association Inc | PO BOX 63, Mt Prospect, IL 60056-0063 | IL | 1975-04 | $194,866 |
| 16 | Prospect Choral Boosters | PO BOX 439, Mt Prospect, IL 60056-0439 | IL | 2007-04 | $8,033 |
| 17 | Prospect Knights Athletic Booster Club | PO BOX 211, Mt Prospect, IL 60056-0211 | IL | 2002-02 | $47,585 |
| 18 | Prospect Lodge No 660 Loyal Order Of Moose, 660 | 601 N Main St, Mt Prospect, IL 60056-2112 | IL | 1935-08 | $159,741 |
| 19 | Prostate Cancer Foundation Of Chicago | 815 Pasquinelli Dr, Westmont, IL 60559-1276 | IL | 2006-03 | $138,310 |
| 20 | Prostatitis Foundation | 1063 30th St, Smithshire, IL 61478-9612 | IL | 1995-10 | $6,506 |
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