Soundview Community In Action Corporation in Bronx, New York (NY)

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Soundview Community In Action Corporation
Employer Identification Number (EIN)133952341
Name of OrganizationSoundview Community In Action Corporation
In Care of NameEdward Padilla
Address236 Newman Avenue, Bronx, NY 10473
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Job training, counseling, or assistance, Area development, redevelopment of renewal
SubsectionCharitable Organization
Ruling Date09/1997
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Filing Requirement990 (all other) or 990EZ return
Asset Amount$38,354
Amount of Income$436,744
Form 990 Revenue Amount$436,744
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)

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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$178,747
Contributions, Gifts, Grants and Other Similar Amounts$174,134
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$13
Income from investment of tax-exempt bond proceeds$0
Net rental income$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$4,600
Statement of Functional Expenses (for 2011)
Total functional expenses$208,621
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$143,609
Payroll taxes$10,986
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$7,352
Total liabilities$94,733
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$-87,381
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$1,381,430
Gifts, grants, contributions, and membership fees received$1,381,404
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$26
Gross receipts from related activities, etc.$0
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