Ceiba Housing And Economic Development Corporation, Hector I Nieves Baez in Ceiba, (international)

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Ceiba Housing And Economic Development Corporation, Hector I Nieves Baez
Employer Identification Number (EIN)660429983
Name of OrganizationCeiba Housing And Economic Development Corporation
Secondary NameHector I Nieves Baez
AddressPO BOX 203, Ceiba
ActivitiesArea development, redevelopment of renewal, Described in section 170(b)1)(a)(vi) of the Code
SubsectionCharitable Organization
Ruling Date12/1992
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 Period09/2012
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$5,808,468
Amount of Income$1,691,910
Form 990 Revenue Amount$296,136


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$268,573
Contributions, Gifts, Grants and Other Similar Amounts$34,783
Program Service Revenue$169,810
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$59,655
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$4,325
Gross rents (Real / Personal)$4,325 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$4,325 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$521,383
Compensation of current officers, directors, trustees, and key employees$40,000
Other salaries and wages$227,994
Payroll taxes$22,398
Professional fundraising services$0
Other$230,991
Balance Sheet (for 2011)
Total assets$8,505,512
Total liabilities$5,489,457
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$99,387
Unsecured notes and loans payable to unrelated third parties$0
Other$5,390,070
Total net assets or fund balances$3,016,055
Retained earnings, endowment, accumulated income, or other funds$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$2,537,759
Gifts, grants, contributions, and membership fees received$2,390,798
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$146,961
Gross receipts from related activities, etc.$0
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