Richmond Area Business Association, Western Slopes Business Association in Richmond, Vermont (VT)
Table of contents:
| Richmond Area Business Association, Western Slopes Business Association | |
| Employer Identification Number (EIN) | 550810034 |
| Name of Organization | Richmond Area Business Association |
| Secondary Name | Western Slopes Business Association |
| In Care of Name | Nick deTarnowsky |
| Address | Po Box 569, Richmond, VT 05477 |
| Subsection | Charitable Organization |
| Ruling Date | 12/2013 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2013 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $11,026 |
| Amount of Income | $32,922 |
| Form 990 Revenue Amount | $32,922 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Community Foundations |
Non-representatives - add comments:
Amount of income in 2013: $32,922 (it was $32,926 in 2012)
| This organization: | $32,922 |
| Other organizations performing similar types of work: | $123,400 |
Assets in 2013: $11,026 (it was $11,026 in 2012)
| Richmond Area Business Association, Western Slopes Business Association: | $11,026 |
| Other organizations performing similar types of work: | $188,019 |
Expenses in 2012: $31,260
| Richmond Area Business Association, Western Slopes Business Association: | $31,260 |
| Other organizations performing similar types of work: | $82,376 |
Income to expenses ratio in 2012: 1.1
| Richmond Area Business Association, Western Slopes Business Association: | 1.1 |
| Other organizations performing similar types of work: | 5.6 |
Grants share in income in 2012: 64.9%
| This organization: | 64.9% |
| Other organizations performing similar types of work: | 20.2% |
Revenue for 2012
Support schedule
| 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 | $32,922 |
| Contributions, Gifts, Grants and Other Similar Amounts | $21,366 |
| Program Service Revenue | $11,556 |
| 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 | $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 |
| Gross sales of inventory, less returns and allowances | $4 |
| Less: cost of goods sold | $4 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $31,260 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $0 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $31,260 |
| Balance Sheet (for 2012) | |
| Total assets | $11,026 |
| Total liabilities | $210 |
| 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 | $210 |
| Total net assets or fund balances | $10,816 |
| 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: | 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 | $32,922 |
| Gifts, grants, contributions, and membership fees received | $21,366 |
| 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 | $11,556 |
| 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 | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Taos Community Foundation Inc | PO BOX 1925, Taos, NM 87571-1925 | NM | 1998-12 | $4,057,729 |
| 2 | Elks National Foundation Inc, Elks National Foundation | 2750 N Lakeview Avenue, Chicago, IL 60614 | IL | 2009-02 | $338,625,890 |
| 3 | The Community Foundation For The Central Savannah River Area Inc | 1450 Greene Street, Augusta, GA 30901-5200 | GA | 1995-10 | $238,374,744 |
| 4 | The Community Foundation For The Greater Capital Region Inc | 6 Tower Place, Albany, NY 12203-3725 | NY | 1968-12 | $71,687,086 |
| 5 | Western Colorado Community Foundation Inc | PO BOX 4334, Grand Jct, CO 81502-4334 | CO | 1996-11 | $44,791,257 |
| 6 | Wichita Falls Area Community Foundation | 807 Eighth Street, Wichita Falls, TX 76301-3319 | TX | 1999-07 | $39,754,472 |
| 7 | Westchester Community College Foundation Inc | 75 Grasslands Rd, Valhalla, NY 10595-1550 | NY | 1970-06 | $33,951,916 |
| 8 | J Message Group Corp | 1233 Shelburne Rd, South Burlington, VT 05403-7700 | VT | 2014-02 | $164,358 |
| 9 | Ludlow Area Rotary Charitable Fund Inc | PO BOX 216, Ludlow, VT 05149-0216 | VT | 2001-06 | $161,562 |
| 10 | Coventry Town Foundation Inc | PO BOX 104, Coventry, VT 05825-0104 | VT | 2005-01 | $149,131 |
| 11 | South Village Community Stewardship Fund | PO BOX 2286, S Burlington, VT 05407-2286 | VT | 2009-08 | $94,819 |
| 12 | Csr Charitable Foundation Inc | PO BOX 156, Shelburne, VT 05482-0156 | VT | 2001-05 | $88,478 |
| 13 | Richmond Area Business Association, Western Slopes Business Association | Po Box 569, Richmond, VT 05477 | VT | 2013-12 | $32,922 |
| 14 | You Are Never Alone Foundation Inc | PO BOX 523, Dorset, VT 05251-0523 | VT | 2007-01 | $9,043 |
| 15 | The Sudbury Community Club Inc | 669 Route 73 E, Sudbury, VT 05733-9571 | VT | 2001-12 | $726 |
| 16 | Business & Professional Women Bpw, Westshire Bpw | 175 West Ridge Terrace, Rutland, VT 05701 | VT | 2001-04 | $0 |
| 17 | Charlotte Community Inc Tr, Arthaud Paul Ttee | PO BOX 261, Charlotte, VT 05445-0261 | VT | 2001-01 | $0 |
| 18 | Manchester Community Foundation Inc | PO BOX 321, Manchester, VT 05254-0321 | VT | 1995-05 | $0 |
| 19 | Stowe Marathon Inc | PO BOX 1182, Hyde Park, VT 05655 | VT | 2007-06 | $0 |
| 20 | Vergennes Rotary Club Charities Inc | Po Box 313, Vergennes, VT 05491 | VT | 2004-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,151 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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