Gmc Foundation Inc in Jersey City, New Jersey (NJ)
Table of contents:
| Gmc Foundation Inc | |
| Employer Identification Number (EIN) | 311581087 |
| Name of Organization | Gmc Foundation Inc |
| In Care of Name | Muhammed L Shahid |
| Address | 294 Grove St # 298, Jersey City, NJ 07302-3603 |
| Activities | Church, synagogue, etc |
| Subsection | Religious Organization |
| Ruling Date | 08/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Church |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (church) |
| Asset Amount | $269,936 |
| Amount of Income | $251,303 |
| Form 990 Revenue Amount | $214,945 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Islamic |
Non-representatives - add comments:
Amount of income in 2012: $251,303 (it was $126,656 in 2010)
| Gmc Foundation Inc: | $251,303 |
| Other organizations performing similar types of work: | $130,045 |
Assets in 2012: $269,936 (it was $144,460 in 2010)
| This organization: | $269,936 |
| Other organizations performing similar types of work: | $332,354 |
Expenses in 2012: $107,341
| Gmc Foundation Inc: | $107,341 |
| Other organizations performing similar types of work: | $97,341 |
Income to expenses ratio in 2012: 2.3
| Gmc Foundation Inc: | 2.3 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2012: 98.1%
| Gmc Foundation Inc: | 98.1% |
| Other organizations performing similar types of work: | 70.9% |
Revenue for 2012
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | Yes |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $214,945 |
| Contributions, Gifts, Grants and Other Similar Amounts | $210,816 |
| Program Service Revenue | $0 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $0 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $4,129 |
| Gross rents (Real / Personal) | $40,487 / $0 |
| Less: rental expenses (Real / Personal) | $36,358 / $0 |
| Rental income or (loss) (Real / Personal) | $4,129 / $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $107,341 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $0 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $107,341 |
| Balance Sheet (for 2012) | |
| Total assets | $269,936 |
| Total liabilities | $-28,111 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $-28,111 |
| Total net assets or fund balances | $298,047 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i) |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sikh Center Of Orange County | 2530 W Warner Ave, Santa Ana, CA 92704-5041 | CA | 1995-08 | $529,504 |
| 2 | Gmc Foundation Inc | 294 Grove St # 298, Jersey City, NJ 07302-3603 | NJ | 1998-08 | $251,303 |
| 3 | Al-Madinah Masjid Of North Atlanta Inc | 6014 Goshen Springs Rd, Norcross, GA 30071-3501 | GA | 1996-05 | $227,977 |
| 4 | North Bronx Islamic Center Inc | 3156 Perry Avenue Apt B, Bronx, NY 10467-4138 | NY | 1997-03 | $148,305 |
| 5 | The African Islamic Center Inc | 2044 Benedict Ave, Bronx, NY 10462-4456 | NY | 1995-04 | $114,949 |
| 6 | American Moslem Bekaa Center | 6110 Chase Rd, Dearborn, MI 48126-2106 | MI | 1997-03 | $95,646 |
| 7 | Muslim Foundation Of America Inc | 2710 Hoyt Ave S, Astoria, NY 11102-1942 | NY | 1996-07 | $38,220 |
| 8 | Islamic Institute Of Ahl Albait | 994 Tolland Street, East Hartford, CT 06108 | CT | 1997-06 | $20,000 |
| 9 | Sunni Muslim Federation Of North America Inc | 942 40th Street, Brooklyn, NY 11219 | NY | 1997-04 | $16,944 |
| 10 | Ahlulbait Islamic Trust Of America | PO BOX 42146, Houston, TX 77242-2146 | TX | 1996-10 | $0 |
| 11 | Al Mahdi Foundation | 2105 W Greeley St, Broken Arrow, OK 74012-2326 | OK | 1998-09 | $0 |
| 12 | All Muslim Brothers Association | 476 Columbia Blvd # 2, Wood Ridge, NJ 07075-1613 | NJ | 1998-07 | $0 |
| 13 | Caldwell Community Mosque | 9 Park Ave, Caldwel, NJ 07006-4901 | NJ | 1996-05 | $0 |
| 14 | Islamic Center Of Ocean County Inc | PO BOX 473, Toms River, NJ 08754-0473 | NJ | 1995-03 | $0 |
| 15 | Islamic Center Of Passaic County Inc | 152 Derrom Ave, Paterson, NJ 07504-1003 | NJ | 1992-05 | $0 |
| 16 | Masjid Aliman Inc | 598 Communipaw Ave, Jersey City, NJ 07304-2508 | NJ | 1996-04 | $0 |
| 17 | Muslim Society Of Jersey Shore Inc | 1733 Lakewood Rd, Toms River, NJ 08755-1207 | NJ | 1996-08 | $0 |
| 18 | Nj Burlington County Muslim Association | 203 Fountain Ave, Burlington, NJ 08016-3305 | NJ | 1990-07 | $0 |
| 19 | Sadiklar Camii-Nezihe And Huseyin Sadik Islamic Center Inc | 2001 Rt 9 N, Howell, NJ 07731-3302 | NJ | 1997-03 | $0 |
| 20 | World Islamic Movement Inc | 340 2nd St, Jersey City, NJ 07302-2606 | NJ | 1995-10 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 216 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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