Ghg Construction Corporation in Jamestown, North Carolina (NC)

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Ghg Construction Corporation
Employer Identification Number (EIN)581325629
Name of OrganizationGhg Construction Corporation
AddressPO BOX 309, Jamestown, NC 27282-0309
ActivitiesOther school related activities, Apprentice training
SubsectionCharitable Organization
Ruling Date09/1978
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
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$222,688
Amount of Income$450
Form 990 Revenue Amount$450


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$4,410$-49,827$-13,110
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$4,663$234$470
Gain/Loss from sale of assets other than inventory$-253$-50,061$-13,580
Gross amount from sale of assets other than inventory$3,456$60,980$150,075
Less: cost or other basis and sales expenses$3,709$111,041$163,655
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$4,131$4,272$4,209
Total net assets$330,717$243,791$226,472
Excess/Deficit for the year$279$-54,099$-17,319
Net assets or fund balances at beginning of year$330,438$330,717$243,791
Other changes in net assets or fund balances$0$-32,827$0
Net assets or fund balances at end of year$226,472
Balance Sheets
201120122013
Total assets$330,926$246,762$226,472
Total liabilities$209$2,971$0
Net assets or fund balances$330,717$243,791$226,472
Other Information
201120122013
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 activitiesNoNoNo
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$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
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 2013)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Number of organizations supported0
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 2009 - 2013)
2009 - 2013 Total
Public Support$0
Subtotal Support$0
Gifts, grants, contributions, and membership fees received$0
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$0
Total Support$13,794
Public Support$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$13,794
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$0
Gross receipts from related activities, etc.$0
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