Network Inc in Andover, Connecticut (CT)

Table of contents:

Organization representatives - add corrected or new information about Network Inc »

Non-representatives - add comments about Network Inc»

Network Inc
Employer Identification Number (EIN)223116935
Name of OrganizationNetwork Inc
Address23 Route 6, Andover, CT 06232-1023
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionCharitable Organization
Ruling Date10/1991
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$5,000,000 to $9,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$5,178,111
Amount of Income$10,455,638
Form 990 Revenue Amount$10,425,868
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


Non-representatives - add comments:


CAPTCHA

Your IP address 54.198.42.213 will be logged.

Amount of income in 2012: $10,455,638 (it was $11,497,076 in 2011)
This organization: 

 $10,455,638
Other organizations performing similar types of work: 

 $83,603

Assets in 2012: $5,178,111 (it was $5,048,815 in 2011)
Network Inc: 

 $5,178,111
Other organizations performing similar types of work: 

 $448,224

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$11,481,458
Contributions, Gifts, Grants and Other Similar Amounts$1,896
Program Service Revenue$10,339,390
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,639
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$14,511
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $30,129
Less: cost or other basis and sales expenses (Securities / Other)$0 / $15,618
Gain or (loss) (Securities / Other)$0 / $14,511
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,123,022
Statement of Functional Expenses (for 2011)
Total functional expenses$10,439,790
Compensation of current officers, directors, trustees, and key employees$166,507
Other salaries and wages$6,391,674
Payroll taxes$1,025,223
Professional fundraising services$0
Other$2,856,386
Balance Sheet (for 2011)
Total assets$5,048,815
Total liabilities$4,223,664
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$3,085,086
Unsecured notes and loans payable to unrelated third parties$0
Other$1,138,578
Total net assets or fund balances$825,151
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$54,232,876
Gifts, grants, contributions, and membership fees received$54,176,598
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$56,278
Gross receipts from related activities, etc.$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Network Inc to others? (optional)
  
Add photo of Network Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Network Inc23 Route 6, Andover, CT 06232-1023CT1991-10$10,455,638
2Furniture Foundation IncPO BOX HP7, High Point, NC 27261-1860NC1951-05$843,287
3Greater Waterbury Chamber Of Commerce Foundation Inc83 Bank Street, Waterbury, CT 06702-2231CT1983-03$294,679
4Educational Foundation Of The Georgia Society Of Cpas Inc3353 Peachtree Rd Ne North Tower No, Atlanta, GA 30326GA1959-10$192,146
5Fort Worth Chamber Foundation Inc777 Taylor St Ste 900, Fort Worth, TX 76102-4997TX1982-04$183,093
6Ct Douglas School Pto21 Elm St, Acton, MA 01720-2421MA1991-06$107,043
7Maingate Business Development Corporation3800 Orange Ave, Cleveland, OH 44115-3520OH1992-08$83,603
8Minnesota Ice Arena Managers Association8388 81st Street Ln S, Cottage Grove, MN 55016-3664MN1984-02$67,786
9Illinois Bank Examiners Education Foundation320 W Washington, Springfield, IL 62786-0001IL1988-08$67,692
10Psychoanalytic Society Of New England East Inc22 Grosvenor Rd, Needham, MA 02492-4417MA1992-10$33,475
11Chest And Foundation Of The Fur Industry Of The City Of New York I40 W 37th St Rm 1200, New York, NY 10018-7324NY1938-09$27,593
12Cumberland Lincoln Community Chorus55 Woodland St, Lincoln, RI 02865-2804RI1991-04$17,295
13Huntsville-Madison County Chamber Of Commerce Foundation225 Church St Nw, Huntsville, AL 35801-5542AL1986-09$15,708
14International Dendrological Research Institute Inc179 Grant St, Framingham, MA 01702MA1991-03$1,451
15Burkesville-Cumberland County Development CorporationPo Box 720, Burkesville, KY 42717KY1992-03$0
Number of organizations performing similar types of work
Alabama1
Connecticut2
Georgia1
Illinois1
Kentucky1
Massachusetts3
Maine1
Minnesota1
North Carolina1
New York2
Ohio2
Rhode Island2
Texas1
Total19

faqs.org is not associated with, endorsed by, or sponsored by Network Inc and has no official or unofficial affiliation with Network Inc