Brentwood Economic Development Corporation, Economic Development South in Pittsburgh, Pennsylvania (PA)

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Brentwood Economic Development Corporation, Economic Development South
Employer Identification Number (EIN)251780107
Name of OrganizationBrentwood Economic Development Corporation
Secondary NameEconomic Development South
Address4127 Brownsville Rd Ste 204, Pittsburgh, PA 15227-3348
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Area development, redevelopment of renewal
SubsectionCharitable Organization
Ruling Date10/1996
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$85,541
Amount of Income$114,702
Form 990 Revenue Amount$114,702
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)

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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$66,410
Contributions, gifts, grants, and similar amounts received$65,754
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$656
Total expenses$102,833
Total net assets$131,978
Deficit for the year$-36,423
Net assets or fund balances at beginning of year$168,401
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$134,027
Total liabilities$2,049
Net assets or fund balances$131,978
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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$301,647
Gifts, grants, contributions, and membership fees received$301,647
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$0
Gross receipts from related activities, etc.$0
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