Rvc Community Fund Inc in Rockville Ctr, New York (NY)

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Rvc Community Fund Inc
Employer Identification Number (EIN)112882035
Name of OrganizationRvc Community Fund Inc
AddressPO BOX 614, Rockville Ctr, NY 11571-0614
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionCharitable Organization
Ruling Date01/1989
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 Period09/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$219,737
Amount of Income$43,138
Form 990 Revenue Amount$35,281


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$35,281
Contributions, gifts, grants, and similar amounts received$12,152
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$371
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$22,758
Gross income from gaming$0
Gross income from fundraising events$30,615
Less: direct expenses from gaming and fundraising events$7,857
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$65,793
Total net assets$140,112
Deficit for the year$-30,512
Net assets or fund balances at beginning of year$170,624
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$219,737
Total liabilities$79,625
Net assets or fund balances$140,112
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$615,711
Gifts, grants, contributions, and membership fees received$139,852
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$474,067
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$1,792
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