Rockford Korean War Veterans Association Chapter 272, The Greater Rockford Area Korean War Veterans Assocation Chapter 272 in Rockford, Illinois (IL)

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Rockford Korean War Veterans Association Chapter 272, The Greater Rockford Area Korean War Veterans Assocation Chapter 272
Employer Identification Number (EIN)364477396
Name of OrganizationRockford Korean War Veterans Association Chapter 272
Secondary NameThe Greater Rockford Area Korean War Veterans Assocation Chapter 272
In Care of NameWarren Ramsey
Address211 N Main St, Rockford, IL 61101
SubsectionPost or Organization of War Veterans
Ruling Date06/2005
DeductibilityContributions are deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$3,575
Amount of Income$5,636
Form 990 Revenue Amount$5,636
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Military, Veterans' Organizations


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Amount of income in 2012: $5,636 (it was $5,636 in 2014)
Rockford Korean War Veterans Association Chapter 272, The Greater Rockford Area Korean War Veterans Assocation Chapter 272: 

 $5,636
Other organizations performing similar types of work: 

 $50,717

Assets in 2012: $3,575 (it was $3,575 in 2014)
This organization: 

 $3,575
Other organizations performing similar types of work: 

 $24,098

Expenses in 2014: $5,399
Rockford Korean War Veterans Association Chapter 272, The Greater Rockford Area Korean War Veterans Assocation Chapter 272: 

 $5,399
Other organizations performing similar types of work: 

 $30,000

Income to expenses ratio in 2014: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2014: 33.7%
This organization: 

 33.7%
Other organizations performing similar types of work: 

 0.3%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2014
Total revenue$5,636
Contributions, gifts, grants, and similar amounts received$1,900
Program service revenue including government fees and contracts$0
Membership dues and assessments$2,545
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$1,191
Gross income from gaming$0
Gross income from fundraising events$1,191
Less: direct expenses from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$5,399
Total net assets$3,575
Excess/Deficit for the year$237
Net assets or fund balances at beginning of year$3,338
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$237
Balance Sheets
2014
Total assets$3,575
Total liabilities$0
Net assets or fund balances$3,575
Other Information
2014
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?No
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?No
Reason for Public Charity Status (for 2014)
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
1Tioga Home Inc510 Georgetown Sq, Wood Dale, IL 60191-1855IL2012-11$650,651
2Friends Of The Folds Of Honor Foundation24 Firth Rd, Inverness, IL 60067-4460IL2013-01$461,402
3Veterans Of Foreign Wars Dept Of Illinois, Ladies Auxiliary To The Walter Jones Vfw Post #2876P O Box 155 212 Michigan St, Hindsboro, IL 61930-0155IL1964-05$430,324
4Central Illinois Honor Flight Inc712 E Jefferson Ave, Effingham, IL 62401-3407IL2009-04$386,143
5Operation Homelink Nfp25 E Washington, Chicago, IL 60602-1708IL2011-09$319,415
6Land Of Lincoln Honor Flight57 Country Pl, Springfield, IL 62703-5310IL2009-07$298,089
7Vets Roll Inc1777 Gardner St, S Beloit, IL 61080IL2010-09$285,137
8Operation Warrior Wishes Foundation401 Millington Way, St Charles, IL 60174-5569IL2014-06$266,183
9Navy Club Of Rockford Ship 12324 Charles Street, Rockford, IL 61104-1580IL2014-02$251,351
10Carroll P Foster Post 3455 Veterans Of Foreign Wars Of The Us, Carroll P Foster Post 3455Carroll P Foster Post 3455 70 Vfw, Anna, IL 62906IL2014-06$221,102
11Department Of Illinois Ladies Auxiliary Vfw Inc, 2055 Centralia Ladies Auxiliary1826 S Pine St, Centralia, IL 62801-5200IL2010-03$216,987
12Department Of Illinois Ladies Auxiliary Vfw Inc428 W Orange St, Hoopeston, IL 60942IL1964-05$157,076
133 Minutes Out Llc9200 141st St W, Taylor Ridge, IL 61284-9335IL2014-04$131,129
14Nrmw Navy Ball Committee2601 Paul Jones St Ste E, Great Lakes, IL 60088-2834IL2014-06$119,411
15Department Of Illinois Ladies Auxiliary Vfw Inc, 1592 Paul Mcvey Ladies Auxiliary1821 20th St, Charleston, IL 61920-3622IL2010-03$95,304
16Illinois Patriot Guard Riders310 W 7th, Saint Elmo, IL 62458IL2009-07$93,627
17Fox Valley Veterans Breakfast Club1603 Timber Lane Dr, Montgomery, IL 60538-2922IL2013-09$86,759
18Midwest Veterans Association IncPO BOX 238, Bismarck, IL 61814-0238IL2014-04$86,256
19Sertoma Foundation, Hickory Hills Sertoma -OperationsPO BOX 529 1115 NATIONAL, Addison, IL 60101IL1964-01$83,492
20Monticello Rotary ClubPO BOX 202, Monticello, IL 61856-0202IL2011-09$83,448
Number of organizations performing similar types of work
Alaska22
Alabama108
Arkansas51
Arizona108
California416
Colorado134
Connecticut131
District of Columbia67
Delaware22
Florida419
Georgia205
Hawaii48
Iowa159
Idaho31
Illinois363
Indiana88
Kansas144
Kentucky169
Louisiana129
Massachusetts205
Maryland101
Maine69
Michigan111
Minnesota283
Missouri146
Mississippi104
Montana81
North Carolina196
North Dakota36
Nebraska101
New Hampshire64
New Jersey243
New Mexico52
Nevada83
New York454
Ohio386
Oklahoma143
Oregon127
Pennsylvania507
Rhode Island39
South Carolina133
South Dakota11
Tennessee104
Texas300
Utah48
Virginia214
Vermont45
Washington105
Wisconsin92
West Virginia47
Wyoming44
International17
Total7,505

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