Water Mill Village Improvement Association Inc in Water Mill, New York (NY)
Table of contents:
| Water Mill Village Improvement Association Inc | |
| Employer Identification Number (EIN) | 510180679 |
| Name of Organization | Water Mill Village Improvement Association Inc |
| Address | PO BOX 351, Water Mill, NY 11976-0351 |
| Activities | Historical site, records or reenactment |
| Subsection | Charitable Organization |
| Ruling Date | 08/1987 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 07/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $183,289 |
| Amount of Income | $66,270 |
| Form 990 Revenue Amount | $62,709 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Rural Development |
Non-representatives - add comments:
Amount of income in 2014: $66,270 (it was $38,422 in 2013)
| Water Mill Village Improvement Association Inc: | $66,270 |
| Other organizations performing similar types of work: | $404,246 |
Assets in 2014: $183,289 (it was $146,265 in 2013)
| This organization: | $183,289 |
| Other organizations performing similar types of work: | $945,616 |
Expenses in 2014: $25,685
| Water Mill Village Improvement Association Inc: | $25,685 |
| Other organizations performing similar types of work: | $419,661 |
Income to expenses ratio in 2014: 2.6
| Water Mill Village Improvement Association Inc: | 2.6 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2014: 87.9%
| Water Mill Village Improvement Association Inc: | 87.9% |
| Other organizations performing similar types of work: | 96.3% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $7,050 | $35,384 | $62,709 |
| Contributions, gifts, grants, and similar amounts received | $2,700 | $27,625 | $55,097 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $152 | $113 | $133 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $4,198 | $7,646 | $7,479 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $8,240 | $10,684 | $11,040 |
| Less: direct expenses from gaming and fundraising events | $4,042 | $3,038 | $3,561 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $34,808 | $30,670 | $25,685 |
| Total net assets | $141,551 | $146,265 | $183,289 |
| Excess/Deficit for the year | $-27,758 | $4,714 | $37,024 |
| Net assets or fund balances at beginning of year | $169,309 | $141,551 | $146,265 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $146,265 | $183,289 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $141,551 | $146,265 | $183,289 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $141,551 | $146,265 | $183,289 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $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 | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2014) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $271,339 |
| Subtotal | $271,339 |
| Gifts, grants, contributions, and membership fees received | $207,239 |
| 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 | $64,100 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $271,828 |
| Public support | $271,339 |
| Subtotal | $489 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $489 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Leir Foundation Inc in New York, NY
 |
|
Arquetopia Foundation Inc, Arquetopia Foundation For Development in New York, NY
|
|
Untapped Shores International Inc in Rochester, NY
|
| Stein Senior Center Inc in New York, NY |
Romulus Club Inc in Buffalo, NY
 |
| Clarendon Historical Society in Clarendon, NY |
| Grace Fellowship Ministries Inc in Brooklyn, NY |
| The Bridge Inc in New York, NY |
|
Gateway Youth Outreach Inc in Elmont, NY
|
|
Lucis Trust And Arcane School in New York, NY
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Pathstone Corporation | 400 East Ave, Rochester, NY 14607-1910 | NY | 1982-09 | $29,392,996 |
| 2 | Western Dairyland Economic Opportunity Council Incorporated | PO BOX 125, Independence, WI 54747-0125 | WI | 1966-10 | $12,080,541 |
| 3 | West Alabama Regional Commission | PO BOX 509, Northport, AL 35476-0509 | AL | 1976-06 | $9,094,457 |
| 4 | Western Arkansas Planning And, Frontier Metropolitan Planning Orga | PO BOX 2067, Fort Smith, AR 72902-2067 | AR | 1972-08 | $8,460,890 |
| 5 | Rural Enterprises Of Oklahoma Inc | 2912 Enterprise Blvd, Durant, OK 74701-1963 | OK | 1982-03 | $5,666,750 |
| 6 | Rural America Initiatives | 628 1/2 6th St Ste 201, Rapid City, SD 57701-2749 | SD | 1987-03 | $4,633,299 |
| 7 | Texas Rural Communities Inc | 168 Cimarron Park Loop, Buda, TX 78610-2800 | TX | 1965-09 | $2,232,785 |
| 8 | Western Catskills Community Revitalization Council Inc | 125 Main St Ste A, Stamford, NY 12167-1162 | NY | 1981-08 | $1,101,375 |
| 9 | Chautauqua County Rural Ministries Inc | PO BOX 362, Dunkirk, NY 14048-0362 | NY | 1983-03 | $751,279 |
| 10 | Rural Revitilization Corporation | 209 N Union St, Olean, NY 14760-2705 | NY | 1982-10 | $601,269 |
| 11 | Clayton Improvement Associaton Ltd | PO BOX 99, Clayton, NY 13624-0099 | NY | 1978-11 | $489,941 |
| 12 | Orange County Rural Development | 2 S Montgomery St, Walden, NY 12586-1121 | NY | 1985-08 | $483,046 |
| 13 | Pride Of Ticonderoga Inc | PO BOX 348, Ticonderoga, NY 12883-0348 | NY | 1985-09 | $156,981 |
| 14 | Rural Development Leadership Network Inc | PO BOX 98, New York, NY 10012-0002 | NY | 1984-11 | $90,501 |
| 15 | Rural Preservation Company Of Clinton County Inc | PO BOX 128, Saranac, NY 12981-0128 | NY | 1992-02 | $81,953 |
| 16 | Water Mill Village Improvement Association Inc | PO BOX 351, Water Mill, NY 11976-0351 | NY | 1987-08 | $66,270 |
| 17 | Orleans Genesee Rural Preservation Corp Inc | 409 411 E State St, Albion, NY 14411 | NY | 1982-09 | $0 |
| 18 | Pathstone Corporation, Brower Road Housing Dev Fund Corp | 400 East Ave, Rochester, NY 14607-1910 | NY | 1982-09 | $0 |
| 19 | Pathstone Corporation, Heritage Meadows Development Fund C | 400 East Ave, Rochester, NY 14607-1910 | NY | 1982-09 | $0 |
| 20 | Pathstone Corporation, Pathstone Opportunities Inc | 400 East Ave, Rochester, NY 14607-1910 | NY | 1982-09 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 110 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Water Mill Village Improvement Association Inc »
Non-representatives - add comments about Water Mill Village Improvement Association Inc»