Swansboro Area Development Foundation Inc in Swansboro, North Carolina (NC)
Table of contents:
| Swansboro Area Development Foundation Inc | |
| Employer Identification Number (EIN) | 593839096 |
| Name of Organization | Swansboro Area Development Foundation Inc |
| Address | PO BOX 1101, Swansboro, NC 28584-1101 |
| Subsection | Charitable Organization |
| Ruling Date | 08/2008 |
| 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 | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $7,040 |
| Amount of Income | $38,403 |
| Form 990 Revenue Amount | $18,528 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $34,444 | $22,178 | $18,528 |
| Contributions, gifts, grants, and similar amounts received | $23,005 | $4,105 | $9,800 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $11,439 | $18,073 | $8,728 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $35,258 | $44,220 | $28,603 |
| Less: direct expenses from gaming and fundraising events | $23,819 | $26,147 | $19,875 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $41,061 | $18,513 | $24,622 |
| Total net assets | $9,469 | $13,134 | $7,040 |
| Excess/Deficit for the year | $-6,617 | $3,665 | $-6,094 |
| Net assets or fund balances at beginning of year | $16,086 | $9,469 | $13,134 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $13,134 | $7,040 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $9,469 | $13,134 | $7,040 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $9,469 | $13,134 | $7,040 |
| 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 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 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $300,362 |
| Subtotal Support | $300,362 |
| Gifts, grants, contributions, and membership fees received | $300,362 |
| 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 | $300,362 |
| Public Support | $300,362 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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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| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Swain Family Intervention Servicesinc | PO BOX 234, Webster, NC 28788-0234 | NC | 2007-09 | $5,000 |
| 2 | Swain-Qualla Safe Inc | PO BOX 1416, Bryson City, NC 28713-1416 | NC | 1985-07 | $301,564 |
| 3 | Swannanoa Community Council Inc | PO BOX 1008, Swannanoa, NC 28778-1008 | NC | 1969-07 | $36,587 |
| 4 | Swannanoa Valley Child Care Council Inc | 3126 Us 70 Hwy, Black Mtn, NC 28711-9108 | NC | 1982-04 | $436,653 |
| 5 | Swannanoa Valley Historical & Preservation Association Inc | PO BOX 306, Black Mtn, NC 28711-0306 | NC | 1989-03 | $256,427 |
| 6 | Swannanoa Valley Medical Center Inc | PO BOX 1446, Black Mtn, NC 28711-1446 | NC | 1974-04 | $77,412 |
| 7 | Swannanoa Valley Montessori School | 130 Center Ave, Black Mtn, NC 28711-3509 | NC | 2003-10 | $380,189 |
| 8 | Swannanoa Valley Transitional Housing Committee | PO BOX 1591, Black Mtn, NC 28711-1591 | NC | 2009-07 | $16,570 |
| 9 | Swannanoa Volunteer Fire Department & Rescue Squad Inc | PO BOX 177, Swannanoa, NC 28778-0177 | NC | 1978-03 | $1,370,027 |
| 10 | Swansboro Area Chamber Of Commerce Inc | 203 W Church St, Swansboro, NC 28584-9091 | NC | 1997-01 | $138,170 |
| 11 | Swansboro Area Development Foundation Inc | PO BOX 1101, Swansboro, NC 28584-1101 | NC | 2008-08 | $38,403 |
| 12 | Swansboro Baseball And Softball Association | PO BOX 1873, Swansboro, NC 28584-1873 | NC | 2014-12 | $241,931 |
| 13 | Swansboro Festivals Committee Inc | PO BOX 1214, Swansboro, NC 28584-1214 | NC | 1996-11 | $65,865 |
| 14 | Swansboro Lodge No 1425 Loyal Order Of Moose, 1425 | PO BOX 840, Swansboro, NC 28584 | NC | 1935-08 | $96,093 |
| 15 | Swansboro Rotary Foundation | PO BOX 426, Swansboro, NC 28584-0426 | NC | 1995-06 | $179,943 |
| 16 | Swedish-American Chamber Of Commerce Of North Carolina Inc, Swedish American Chamber Of Commerce Of The Carolinas Inc | 5729 Wintergreen Dr, Raleigh, NC 27609 | NC | 1999-03 | $0 |
| 17 | Sweet Adelines International, 14 Heart Of The Blue Ridge Region | 390 Kenilworth Rd, Asheville, NC 28805-1754 | NC | 1955-10 | $198,644 |
| 18 | Sweet Adelines International, Carolina Harmony Chorus | Po Box 17453, Raleigh, NC 27619 | NC | 1955-10 | $0 |
| 19 | Sweetwater Springs Biblical Counseling Center Inc | 752 Burleson Rd, Plumtree, NC 28664 | NC | 1999-12 | $52,867 |
| 20 | Swepsonville Volunteer Fire Department | 2744 Darrell Newton Dr, Graham, NC 27253-9887 | NC | 1957-07 | $1,031,441 |


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