Androscoggin Valley Economic Recovery Corp in St Johnsbury, Vermont (VT)

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Androscoggin Valley Economic Recovery Corp
Employer Identification Number (EIN)100004193
Name of OrganizationAndroscoggin Valley Economic Recovery Corp
In Care of NameNcic
AddressC/O Ncic 347 Portland Street, St Johnsbury, VT 05819
SubsectionCharitable Organization
Ruling Date01/2004
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 Period12/2011
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$7,760
Amount of Income$55,433
Form 990 Revenue Amount$55,433
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2011: $55,433 (it was $134,793 in 2010)
This organization: 

 $55,433
Other organizations performing similar types of work: 

 $152,071

Assets in 2011: $7,760 (it was $17,423 in 2010)
Androscoggin Valley Economic Recovery Corp: 

 $7,760
Other organizations performing similar types of work: 

 $145,197

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$55,433
Contributions, gifts, grants, and similar amounts received$55,433
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$0
Total expenses$65,097
Total net assets$7,760
Deficit for the year$-9,664
Net assets or fund balances at beginning of year$17,424
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$7,760
Total liabilities$0
Net assets or fund balances$7,760
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: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$497,141
Gifts, grants, contributions, and membership fees received$497,141
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Metropolitan Entertainment & Convention Authority455 N 10th St, Omaha, NE 68102-1151NE1997-12$42,811,850
2Structured Employment Economic Development Corporation915 Broadway Fl 17, New York, NY 10010-7116NY1977-01$36,186,581
3Columbus Downtown Development Corporation150 S Front St Ste 210, Columbus, OH 43215-7105OH2002-10$15,371,865
4Delaware River Waterfront Corporation121 N Columbus Blvd, Philadelphia, PA 19106-1403PA2009-10$12,707,512
5Dubuque Initiatives1398 Central Ave, Dubuque, IA 52001-5021IA1985-04$11,715,621
6Lubbock Economic Development Alliance Inc1500 Broadway 6th Floor, Lubbock, TX 79401-3117TX2005-01$8,787,700
7Seedco Financial Services Inc915 Broadway Fl 17, New York, NY 10010-7116NY2005-12$8,556,236
8Market Lubbock Economic Development Corporation1500 Broadway 6th Floor, Lubbock, TX 79401-3117TX1999-04$7,126,923
9Luther Forest Technology Campus Economic Development Corporation28 Clinton Street, Saratoga Springs, NY 12866-2143NY2006-04$4,276,433
10Community Improvement Corporation Of Springfield & Clark County Ohio20 S Limestone St Ste 100, Springfield, OH 45502-2221OH2010-02$4,087,736
11Longview Economic Development Corporation410 N Center St, Longview, TX 75601-6403TX1993-03$3,804,055
12Montana Technology Enterprise Center1121 East Broadway, Missoula, MT 59802-4906MT2001-09$3,503,047
13Genesee Gateway Local Development Corporation99 Med Tech Dr Ste 106, Batavia, NY 14020-9712NY2005-12$3,260,176
14Transition Ii Inc346 Shelburne Rd, Burlington, VT 05401-4935VT1990-12$613,585
15Central Vermont Investment CorporationPO BOX 1439, Montpelier, VT 05601-1439VT2007-11$256,015
16Building A Better Brattleboro IncPO BOX 961, Brattleboro, VT 05302-0961VT1999-05$191,581
17Androscoggin Valley Economic Recovery CorpC/O Ncic 347 Portland Street, St Johnsbury, VT 05819VT2004-01$55,433
18Opportunities Ventures Inc25 Winooski Falls Way, Winooski, VT 05404-2269VT2003-03$11,589
19Opportunities Incorporated25 Winooski Falls Way No 203, Winooski, VT 05404-2269VT2003-03$111
20Brighton Community Forum IncPO BOX 433, Island Pond, VT 05846VT2005-01$0
Number of organizations performing similar types of work
Alaska21
Alabama54
Arkansas25
Arizona31
California261
Colorado37
Connecticut34
District of Columbia26
Delaware6
Florida103
Georgia58
Hawaii25
Iowa53
Idaho11
Illinois91
Indiana71
Kansas41
Kentucky44
Louisiana61
Massachusetts41
Maryland40
Maine25
Michigan84
Minnesota44
Missouri82
Mississippi33
Montana31
North Carolina116
North Dakota10
Nebraska29
New Hampshire22
New Jersey49
New Mexico37
Nevada13
New York189
Ohio130
Oklahoma36
Oregon40
Pennsylvania158
Rhode Island5
South Carolina55
South Dakota31
Tennessee49
Texas152
Utah16
Virginia56
Vermont15
Washington43
Wisconsin56
West Virginia33
Wyoming15
International9
Total2,797

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