Cngcs Development Corporation in Hicksville, New York (NY)

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Cngcs Development Corporation
Employer Identification Number (EIN)113365841
Name of OrganizationCngcs Development Corporation
In Care of NameSteve Sakoutisi
Address950 S Oyster Bay Rd, Hicksville, NY 11801-3510
ActivitiesTitle holding corporation
SubsectionTitle Holding Corporation
Ruling Date07/1997
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$567,542
Amount of Income$561,870
Form 990 Revenue Amount$561,870

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Financial snapshot ($)

Functional expenses 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?No
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$577,078
Contributions, Gifts, Grants and Other Similar Amounts$0
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
Net rental income$577,078
Gross rents (Real / Personal)$577,078 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$577,078 / $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$480,590
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$142,027
Payroll taxes$10,315
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$491,524
Total liabilities$17,187
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
Total net assets or fund balances$474,337
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:Not provided
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