Louisville Central Development Corp Inc in Louisville, Kentucky (KY)

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Louisville Central Development Corp Inc
Employer Identification Number (EIN)611254052
Name of OrganizationLouisville Central Development Corp Inc
Address1300 W Muhammad Ali Blvd, Louisville, KY 40203-1744
ActivitiesLow and moderate income housing
SubsectionCharitable Organization
Ruling Date06/1994
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Tax Period12/2010
Assets$500,000 to $999,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$861,615
Amount of Income$10,061
Form 990 Revenue Amount$10,061


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Financial snapshot ($)

Revenue for 2010

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$10,061
Contributions, gifts, grants, and similar amounts received$10,000
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$61
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$20,220
Total net assets$52,204
Deficit for the year$-10,159
Net assets or fund balances at beginning of year$62,363
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$861,615
Total liabilities$809,411
Net assets or fund balances$52,204
Other Information (for 2010)
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 2010)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010)
2006 - 2010 Total
Total Support$553,880
Gifts, grants, contributions, and membership fees received$538,685
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$15,195
Gross receipts from related activities, etc.$0
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