Downtown Spokane Ventures Association in Spokane, Washington (WA)

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Downtown Spokane Ventures Association
Employer Identification Number (EIN)911973749
Name of OrganizationDowntown Spokane Ventures Association
In Care of NameMichael Edwards
Address211 N Wall St Ste 300, Spokane, WA 99201-0654
SubsectionCharitable Organization
Ruling Date09/1999
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$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$119,532
Amount of Income$59,500
Form 990 Revenue Amount$59,500
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2012: $59,500 (it was $137,013 in 2011)
This organization: 

 $59,500
Other organizations performing similar types of work: 

 $153,998

Assets in 2012: $119,532 (it was $142,747 in 2011)
This organization: 

 $119,532
Other organizations performing similar types of work: 

 $135,070

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$137,013
Contributions, gifts, grants, and similar amounts received$121,598
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$15,415
Total expenses$65,303
Total net assets$89,387
Excess for the year$71,710
Net assets or fund balances at beginning of year$17,677
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$142,747
Total liabilities$53,360
Net assets or fund balances$89,387
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$261,728
Gifts, grants, contributions, and membership fees received$261,724
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$4
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Opportunity Transformation Investments Inc2122 York Rd Ste 150, Oak Brook, IL 60523-1999IL2000-12$12,145,894
2Milwaukee Economic Development Corp809 N Broadway Suite 104, Milwaukee, WI 53202-3617WI1974-07$6,983,753
3Hunter Foundation IncPO BOX 563, Tannersville, NY 12485-0563NY1998-11$4,436,432
4Urban Development Solutions Inc6538 1st Ave N, St Petersburg, FL 33710-8404FL2003-10$4,284,899
5Alliance For World Class Communities38 W Wall Street, Benton Harbor, MI 49022MI2007-01$2,167,614
6Bluefield State College Research And Development Corporation219 Rock Street Tax Exempt, Bluefield, WV 24701WV2003-03$1,306,331
7St Louis Community Empowerment Foundation3030 Locust St, Saint Louis, MO 63103-1329MO2000-09$994,660
8Broadway Market Management Corp721 Center Rd, Buffalo, NY 14224-2181NY2007-01$825,480
9Southern Dallas Development Corporation400 S Zang Blvd Ste 1210, Dallas, TX 75208-6624TX1985-01$674,208
10Corporacion Para El Financiamiento Empresarial Del Comercio Y De LasPO BOX 191791, San Juaninternational2003-10$670,469
11Burlington Community Development CorpC/O Clerk Office 149 Church Street, Burlington, VT 05401VT2000-01$567,510
12Rochester Economic Development Corporation30 Church St Rm 106a, Rochester, NY 14614-1290NY1985-03$472,771
13Urban Industry Initiative4500 Worth St, Philadelphia, PA 19124-3423PA2006-06$330,410
14Empowerment Alliance Of Southwest Florida Community Development Corp750 S 5th St, Immokalee, FL 34142-4301FL2001-03$236,197
15Morrow Development Corporation645 Hager St, Heppner, OR 97836-6301OR1999-05$196,457
16St Bernard Economic Development Foundation100 Port Blvd, Chalmette, LA 70043-6243LA2007-08$188,814
17Fayetteville State University Development Corporation, Fsu Development CorpFsu Development Corp Accts Pay, Fayetteville, NC 28301NC2012-02$91,443
18Euclid Community Development Corporation26250 Euclid Ave Ste 211, Euclid, OH 44132-3691OH2004-04$58,000
19Clifton-Choctaw Reservation Inc1146 Clifton Rd, Clifton, LA 71447-4015LA1999-02$56,487
20Cuny Economic Development Corporation555 W 57th St Fl 10, New York, NY 10019-2925NY2001-08$50,904
21Greater Charleston Empowerment Corporation1072-F King Street, Charleston, SC 29403SC2013-01$36,815
22Unique Development Organization Inc1336 Highway 138 Sw, Riverdale, GA 30296-1404GA1998-04$31,388
23Build A Better Wilsall Foundation1234 Hendrickson Rd, Wilsall, MT 59086MT2000-03$25,455
24Newmarket Community Development CorpPO BOX 313, Newmarket, NH 03857-0313NH1984-08$14,542
25Nextedge Development Corporation20 S Limestone St Ste 100, Springfield, OH 45502-2221OH2010-09$3,377
26Columbia Valley Housing Association1555 S Methow St, Wenatchee, WA 98801-9417WA1997-05$299,557
27Council For Historic Downtown Issaquah232 Front St N, Issaquah, WA 98027-3232WA1996-08$71,235
28Downtown Spokane Ventures Association211 N Wall St Ste 300, Spokane, WA 99201-0654WA1999-09$59,500
29Oregon Academy Of Pediatric Dentistry300 Se 120th Ave Ste 100, Vancouver, WA 98683-4067WA2006-07$41,582
30Fair Competition Alliance321 High School Rd Ne Ste D-3, Bainbridge Island, WA 98110-2648WA2001-05$36,650
Number of organizations performing similar types of work
Alaska2
Alabama32
Arkansas8
Arizona15
California107
Colorado23
Connecticut18
District of Columbia15
Delaware5
Florida47
Georgia46
Hawaii9
Iowa16
Idaho6
Illinois57
Indiana28
Kansas9
Kentucky14
Louisiana24
Massachusetts19
Maryland39
Maine9
Michigan47
Minnesota10
Missouri29
Mississippi15
Montana8
North Carolina52
North Dakota4
Nebraska6
New Hampshire8
New Jersey31
New Mexico13
Nevada4
New York116
Ohio80
Oklahoma15
Oregon14
Pennsylvania88
Rhode Island1
South Carolina29
South Dakota9
Tennessee33
Texas69
Utah4
Virginia28
Vermont9
Washington28
Wisconsin26
West Virginia13
Wyoming3
International7
Total1,347

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