Roanoke-Chowan Technical College Foundation Inc in Ahoskie, North Carolina (NC)

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Roanoke-Chowan Technical College Foundation Inc
Employer Identification Number (EIN)561455296
Name of OrganizationRoanoke-Chowan Technical College Foundation Inc
Address109 Community College Rd, Ahoskie, NC 27910-8048
ActivitiesSchool, college, trade school, etc., Other school related activities
SubsectionEducational Organization
Ruling Date02/1986
DeductibilityContributions are deductible
FoundationOrganization which operates for benefit of college or university and is owned or operated by a governmental unit
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$172,226
Amount of Income$18,252
Form 990 Revenue Amount$18,252


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$8,878$16,996$9,276
Contributions, gifts, grants, and similar amounts received$7,336$15,938$8,590
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$1,542$1,058$686
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$5,308$4,368$34,013
Total net assets$188,234$200,862$176,125
Excess/Deficit for the year$3,570$12,628$-24,737
Net assets or fund balances at beginning of year$184,664$188,234$200,862
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$188,234$200,862$176,125
Balance Sheets
201120122013
Total assets$189,860$200,862$176,125
Total liabilities$1,626$0$0
Net assets or fund balances$188,234$200,862$176,125
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
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?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
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$1,438
Subtotal Support$61,095
Gifts, grants, contributions, and membership fees received$61,095
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$59,657
Total Support$71,897
Public Support$61,095
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$10,802
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.$9,176
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