Cor Community Development Corporation in Los Angeles, California (CA)

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Cor Community Development Corporation
Employer Identification Number (EIN)330944779
Name of OrganizationCor Community Development Corporation
In Care of NameEllis Gordon Jr
Address3255 Wilshire Blvd, Los Angeles, CA 90010-1404
SubsectionCharitable Organization
Ruling Date12/2001
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
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$107,336
Amount of Income$45,907
Form 990 Revenue Amount$45,907
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2012: $45,907 (it was $119,731 in 2011)
This organization: 

 $45,907
Other organizations performing similar types of work: 

 $153,998

Assets in 2012: $107,336 (it was $114,850 in 2011)
Cor Community Development Corporation: 

 $107,336
Other organizations performing similar types of work: 

 $135,070

Financial snapshot ($)

Revenue 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$119,731
Contributions, Gifts, Grants and Other Similar Amounts$119,665
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$39
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
Miscellaneous Revenue$27
Statement of Functional Expenses (for 2011)
Total functional expenses$106,083
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$4,571
Payroll taxes$1,341
Professional fundraising services$0
Other$100,171
Balance Sheet (for 2011)
Total assets$114,850
Total liabilities$0
Total net assets or fund balances$114,850
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: (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 2011)
2007 - 2011 Total
Total support$739,104
Gifts, grants, contributions, and membership fees received$691,353
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$47,751
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
IdNameAddressStateEstablishedTotal Income
1Opportunity Transformation Investments Inc2122 York Rd Ste 150, Oak Brook, IL 60523-1999IL2000-12$12,145,894
2Milwaukee Economic Development Corp809 N Broadway Suite 104, Milwaukee, WI 53202-3617WI1974-07$6,983,753
3Hunter Foundation IncPO BOX 563, Tannersville, NY 12485-0563NY1998-11$4,436,432
4Urban Development Solutions Inc6538 1st Ave N, St Petersburg, FL 33710-8404FL2003-10$4,284,899
5Alliance For World Class Communities38 W Wall Street, Benton Harbor, MI 49022MI2007-01$2,167,614
6Bluefield State College Research And Development Corporation219 Rock Street Tax Exempt, Bluefield, WV 24701WV2003-03$1,306,331
7St Louis Community Empowerment Foundation3030 Locust St, Saint Louis, MO 63103-1329MO2000-09$994,660
8Broadway Market Management Corp721 Center Rd, Buffalo, NY 14224-2181NY2007-01$825,480
9Southern Dallas Development Corporation400 S Zang Blvd Ste 1210, Dallas, TX 75208-6624TX1985-01$674,208
10Corporacion Para El Financiamiento Empresarial Del Comercio Y De LasPO BOX 191791, San Juaninternational2003-10$670,469
11Opportunity Fund Northern California111 W Saint John St Ste 800, San Jose, CA 95113-1121CA2000-10$9,674,975
12Coachella Valley Economic Partnership3111 E Tahquitz Canyon Way, Palm Springs, CA 92262-6956CA1995-03$4,740,907
13Central California Economic Development Corporation7912 Corte Nobleza, Bakersfield, CA 93309-7142CA2001-02$3,124,312
14Citizens For Jobs And Economic Growth330 Encinitas Blvd Ste 101, Encinitas, CA 92024-8705CA2002-06$2,117,713
15Historic Core Business Improvement District Property Owners Assoc Inc453 S Spring St Ste 1116, Los Angeles, CA 90013-2582CA1999-10$1,282,133
16Mission Asset Fund2301 Mission St 303, San Francisco, CA 94110-1898CA2008-04$1,194,343
17Economic Development Collaborative Ventura County1601 Carmen Dr Ste 215, Camarillo, CA 93010-3103CA1997-03$1,163,064
18Genesis La Economic Growth Corporation801 S Grand Ave, Los Angeles, CA 90017-4613CA1999-09$966,805
19Flight Community Services Inc2681 Zanker Rd Ste B, San Jose, CA 95134-2137CA1996-09$807,513
20Peoples Grocery909 7th St, Oakland, CA 94607-3101CA2006-08$595,102
Number of organizations performing similar types of work
Alaska2
Alabama32
Arkansas8
Arizona15
California107
Colorado23
Connecticut18
District of Columbia15
Delaware5
Florida47
Georgia46
Hawaii9
Iowa16
Idaho6
Illinois57
Indiana28
Kansas9
Kentucky14
Louisiana24
Massachusetts19
Maryland39
Maine9
Michigan47
Minnesota10
Missouri29
Mississippi15
Montana8
North Carolina52
North Dakota4
Nebraska6
New Hampshire8
New Jersey31
New Mexico13
Nevada4
New York116
Ohio80
Oklahoma15
Oregon14
Pennsylvania88
Rhode Island1
South Carolina29
South Dakota9
Tennessee33
Texas69
Utah4
Virginia28
Vermont9
Washington28
Wisconsin26
West Virginia13
Wyoming3
International7
Total1,347

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