Wilson 2020 Community Vision Inc in Wilson, North Carolina (NC)

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Wilson 2020 Community Vision Inc
Employer Identification Number (EIN)263733546
Name of OrganizationWilson 2020 Community Vision Inc
In Care of NameNorval Kneten
Address200 Acc Drive, Wilson, NC 27893
Websitehttp://www.wilson2020vision.org
SubsectionCharitable Organization
Ruling Date02/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$33,913
Amount of Income$47,800
Form 990 Revenue Amount$47,800
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2012: $47,800 (it was $47,800 in 2014)
This organization: 

 $47,800
Other organizations performing similar types of work: 

 $141,217

Assets in 2012: $33,913 (it was $33,913 in 2014)
Wilson 2020 Community Vision Inc: 

 $33,913
Other organizations performing similar types of work: 

 $121,026

Expenses in 2014: $34,448
Wilson 2020 Community Vision Inc: 

 $34,448
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2014: 1.4
Wilson 2020 Community Vision Inc: 

 1.4
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2014: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2014
Total revenue$47,800
Contributions, gifts, grants, and similar amounts received$47,800
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$34,448
Total net assets$33,913
Excess/Deficit for the year$13,352
Net assets or fund balances at beginning of year$20,561
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$33,913
Balance Sheets
2014
Total assets$33,913
Total liabilities$0
Net assets or fund balances$33,913
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: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 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 2010 - 2014)
2010 - 2014 Total
Public Support$47,800
Subtotal Support$47,800
Gifts, grants, contributions, and membership fees received$47,800
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$47,800
Public Support$47,800
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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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ventura County Community Development Corporation2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813CA2003-05$5,683,551
2Winston-Salem Business Inc1080 W 4th St, Winston Salem, NC 27101-2411NC2003-03$729,878
3University City Partners8335 Ibm Dr Ste 110, Charlotte, NC 28262-4570NC2005-02$640,813
4Wilson Downtown Properties IncPo Box 10, Wilson, NC 27894-0010NC2002-02$390,985
5Catawba River District IncPO BOX 680486, Charlotte, NC 28216-0009NC2013-09$131,728
6Sustain Charlotte Inc2317 Laburnum Ave, Charlotte, NC 28205-6045NC2010-12$128,036
7North Carolina Sustainable Entrepreneurs Group Ncseg, Entre Dot1455 Orchard Villas Ave, Apex, NC 27502-4323NC2009-09$122,347
8Forward CommunitiesPO BOX 490, Durham, NC 27702-0490NC2012-05$49,767
9Wilson 2020 Community Vision Inc200 Acc Drive, Wilson, NC 27893NC2010-02$47,800
10Wilson Womans Club IncPO BOX 372, Wilson, NC 27894-0372NC2014-01$37,889
11Liberty East Redevelopment Inc2531 Ladeara Crest Lane, Winston Salem, NC 27105NC1989-03$31,879
12Union County Partnership For ProgressPO BOX 292, Monroe, NC 28111-0292NC2006-02$4,274
13Sandhills Area Foundation For Economic Development Inc10677 Us 15-501 Hwy, Southern Pines, NC 28387NC2001-01$4,000
14Albemarle Businessworks Inc116 Beech Tree Drive, Shiloh, NC 27974NC2010-03$0
15Asheville-Buncombe Vision Inc98 Box 8385, Asheville, NC 28812NC1996-11$0
16Carolinas Economic And Community Development Corporation1535 Westdale Dr, Charlotte, NC 28208-2053NC2010-02$0
17Center For Community Development Inc3712 Pinkham Way, Raleigh, NC 27616NC2010-06$0
18Community Anchors Incorporated5842 Deveron Drive, Charlotte, NC 28211NC2006-08$0
19Community Dream Builders Inc445 Keswick Ave, Charlotte, NC 28206NC2013-09$0
20Core City High Point Inc, The City Project Inc1634 N Main Street, High Point, NC 27262NC2009-08$0
Number of organizations performing similar types of work
Alaska2
Alabama36
Arkansas9
Arizona16
California121
Colorado26
Connecticut22
District of Columbia16
Delaware6
Florida53
Georgia54
Hawaii10
Iowa18
Idaho7
Illinois68
Indiana30
Kansas9
Kentucky18
Louisiana32
Massachusetts22
Maryland45
Maine10
Michigan54
Minnesota10
Missouri35
Mississippi17
Montana9
North Carolina65
North Dakota5
Nebraska6
New Hampshire8
New Jersey38
New Mexico14
Nevada6
New York135
Ohio94
Oklahoma18
Oregon18
Pennsylvania93
Rhode Island2
South Carolina34
South Dakota10
Tennessee36
Texas74
Utah5
Virginia30
Vermont9
Washington29
Wisconsin30
West Virginia14
Wyoming3
International7
Total1,538

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