Bedford Main Street Inc in Bedford, Virginia (VA)

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Bedford Main Street Inc
Employer Identification Number (EIN)541354906
Name of OrganizationBedford Main Street Inc
AddressPO BOX 405, Bedford, VA 24523-0405
ActivitiesOther activity aimed t combating community deterioration, Described in section 170(b)1)(a)(vi) of the Code
SubsectionCharitable Organization
Ruling Date08/1988
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 Period06/2012
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$13,673
Amount of Income$68,494
Form 990 Revenue Amount$45,581
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)

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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$45,581
Contributions, gifts, grants, and similar amounts received$27,946
Program service revenue including government fees and contracts$0
Membership dues and assessments$474
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$17,061
Gross income from gaming$0
Gross income from fundraising events$39,974
Less: direct expenses from gaming and fundraising events$22,913
Gross profit from sales of inventory$0
Other revenue$100
Total expenses$42,260
Total net assets$12,116
Excess for the year$3,321
Net assets or fund balances at beginning of year$8,795
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$13,673
Total liabilities$1,557
Net assets or fund balances$12,116
Other Information (for 2012)
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 2012)
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 2012)
2008 - 2012 Total
Total Support$335,621
Gifts, grants, contributions, and membership fees received$155,932
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$179,676
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$13
Gross receipts from related activities, etc.$0
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