Ole Asheboro Street Neighborhood Association Inc in Greensboro, North Carolina (NC)

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Ole Asheboro Street Neighborhood Association Inc
Employer Identification Number (EIN)562074393
Name of OrganizationOle Asheboro Street Neighborhood Association Inc
Address503-106 Martin Luther King Jr, Greensboro, NC 27406-1600
SubsectionCharitable Organization
Ruling Date10/1999
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 Period12/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$212,924
Amount of Income$119,372
Form 990 Revenue Amount$7,690
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)


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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$13,296
Contributions, Gifts, Grants and Other Similar Amounts$620
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$476
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$12,200
Gross rents (Real / Personal)$115,727 / $0
Less: rental expenses (Real / Personal)$103,527 / $0
Rental income or (loss) (Real / Personal)$12,200 / $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$0
Statement of Functional Expenses (for 2011)
Total functional expenses$362
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$362
Balance Sheet (for 2011)
Total assets$208,063
Total liabilities$12,828
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$12,828
Total net assets or fund balances$195,235
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$14,069
Gifts, grants, contributions, and membership fees received$10,447
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$3,622
Gross receipts from related activities, etc.$0
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