Putnam Regional Organization For Technical And Economic Development, Protec in Scott Depot, West Virginia (WV)

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Putnam Regional Organization For Technical And Economic Development, Protec
Employer Identification Number (EIN)550725294
Name of OrganizationPutnam Regional Organization For Technical And Economic Development
Secondary NameProtec
In Care of NameDuane T Phlegar
AddressPO BOX 167, Scott Depot, WV 25560-0167
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date02/1994
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$102,278
Amount of Income$53,555
Form 990 Revenue Amount$53,555


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$47,380$54,845$53,555
Contributions, gifts, grants, and similar amounts received$47,300$54,765$53,475
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$80$80$80
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$47,900$61,628$43,100
Total net assets$78,160$71,377$81,832
Excess/Deficit for the year$-520$-6,783$10,455
Net assets or fund balances at beginning of year$78,680$78,160$71,377
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$71,377$81,832
Balance Sheets
201120122013
Total assets$84,843$83,094$102,278
Total liabilities$6,683$11,717$20,446
Net assets or fund balances$78,160$71,377$81,832
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
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)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$187,915
Subtotal Support$226,740
Gifts, grants, contributions, and membership fees received$226,740
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$38,825
Total Support$227,759
Public Support$226,740
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,019
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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