Globe-Miami Regional Chamber Of Commerce & Economic Dvlpmnt Corp in Globe, Arizona (AZ)
Table of contents:
| Globe-Miami Regional Chamber Of Commerce & Economic Dvlpmnt Corp | |
| Employer Identification Number (EIN) | 742563825 |
| Name of Organization | Globe-Miami Regional Chamber Of Commerce & Economic Dvlpmnt Corp |
| Address | 1360 N Broad St, Globe, AZ 85501-2712 |
| Activities | Attracting new industry or retaining industry in an area |
| Subsection | Board of Trade |
| Ruling Date | 05/1990 |
| Deductibility | Contributions are deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $405,845 |
| Amount of Income | $148,117 |
| Form 990 Revenue Amount | $126,118 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Economic Development |
Non-representatives - add comments:
Amount of income in 2013: $148,117 (it was $151,609 in 2012)
| This organization: | $148,117 |
| Other organizations performing similar types of work: | $135,279 |
Assets in 2013: $405,845 (it was $409,799 in 2012)
| This organization: | $405,845 |
| Other organizations performing similar types of work: | $114,906 |
Expenses in 2013: $130,746
| Globe-Miami Regional Chamber Of Commerce & Economic Dvlpmnt Corp: | $130,746 |
| Other organizations performing similar types of work: | $121,073 |
Income to expenses ratio in 2013: 1.1
| Globe-Miami Regional Chamber Of Commerce & Economic Dvlpmnt Corp: | 1.1 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2013: 18.9%
| Globe-Miami Regional Chamber Of Commerce & Economic Dvlpmnt Corp: | 18.9% |
| Other organizations performing similar types of work: | 8.8% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2009 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $179,958 | $162,549 | $132,868 | $126,118 |
| Contributions, gifts, grants, and similar amounts received | $39,826 | $33,244 | $22,687 | $23,843 |
| Program service revenue including government fees and contracts | $43,224 | $41,861 | $32,383 | $28,430 |
| Membership dues and assessments | $55,020 | $48,455 | $43,700 | $41,646 |
| Investment income | $2,555 | $306 | $193 | $150 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $34,121 | $36,895 | $32,930 | $30,030 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $92,961 | $59,830 | $51,671 | $52,029 |
| Less: direct expenses from gaming and fundraising events | $58,840 | $22,935 | $18,741 | $21,999 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $5,212 | $1,788 | $975 | $2,019 |
| Total expenses | $144,333 | $141,924 | $134,927 | $130,746 |
| Total net assets | $412,826 | $411,703 | $409,644 | $405,016 |
| Excess/Deficit for the year | $35,625 | $20,625 | $-2,059 | $-4,628 |
| Net assets or fund balances at beginning of year | $372,238 | $391,078 | $411,703 | $409,644 |
| Other changes in net assets or fund balances | $4,963 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $405,016 | |||
| Balance Sheets | ||||
| 2009 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $438,223 | $411,853 | $409,799 | $405,845 |
| Total liabilities | $25,397 | $150 | $155 | $829 |
| Net assets or fund balances | $412,826 | $411,703 | $409,644 | $405,016 |
| Other Information | ||||
| 2009 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | |||
| Were any significant changes made to the organizing or governing documents? | No | |||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | |||
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | |||
| Amount of political expenditures, direct or indirect | $0 | |||
| Did the organization file Form 1120-POL for this year? | No | |||
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | |||
| Total amount involved | $0 | |||
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | |||
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | |||
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | West River Foundation For Economic And Community Development | PO BOX 605, Sturgis, SD 57785-0605 | SD | 2000-10 | $1,093,865 |
| 2 | Bioaccel | 2702 N 3rd St Ste 3001, Phoenix, AZ 85004-4607 | AZ | 2010-06 | $3,308,550 |
| 3 | Imagine Greater Tucson | 700 N Stone Ave, Tucson, AZ 85705 | AZ | 2011-01 | $286,409 |
| 4 | West Mesa Community Development Corporation | 567 W 10th St, Mesa, AZ 85201-3235 | AZ | 2006-07 | $243,971 |
| 5 | Maricopa Economic Development Alliance | 20987 N John Wayne Pkwy B104-384, Maricopa, AZ 85139-2926 | AZ | 2009-12 | $110,560 |
| 6 | Greater Prescott Regional Economic Partnership | PO BOX 3185, Prescott, AZ 86302-3185 | AZ | 2013-12 | $104,962 |
| 7 | Arizona Technology Investor Forum | 11445 E Via Linda Suite 2-511, Scottsdale, AZ 85259 | AZ | 2010-11 | $94,500 |
| 8 | Western Arizona Economic Development District | PO BOX 6662, Yuma, AZ 85366-2530 | AZ | 2005-03 | $57,000 |
| 9 | Northern Cochise Community Hospital Foundation | 901 W Rex Allen Dr, Willcox, AZ 85643-1009 | AZ | 2014-10 | $53,713 |
| 10 | Southside Community Association Inc | 2304 N Third St, Flagstaff, AZ 86004 | AZ | 2005-01 | $28,903 |
| 11 | Slim The Manufacturers Association Of The Yavapai Region | 951 Rio Torcido, Clarkdale, AZ 86324 | AZ | 2008-12 | $450 |
| 12 | Alliance For Entrepreneurial Advancement And Finance Inc | 1475 N Scottsdale Rd Ste 200, Scottsdale, AZ 85257-3538 | AZ | 2011-03 | $0 |
| 13 | Arizona Wi-Fi Alliance | Po Box 65776, Tucson, AZ 85728 | AZ | 2004-11 | $0 |
| 14 | Brown Stetson Merchant Association Inc | 4338 N Scottsdale Rd, Scottsdale, AZ 85251 | AZ | 2005-02 | $0 |
| 15 | City Of Winslow Community Housing Corporation A Non-Profit Corp | 21 N Williamson Ave, Winslow, AZ 86047-3700 | AZ | 2011-07 | $0 |
| 16 | Community Empowerment Organization Inc | 555 E Entertainment Ave, Safford, AZ 85546-2072 | AZ | 2014-05 | $0 |
| 17 | Consumer Trade Alliance | 1900 W Chandler Blvd 15-285, Chandler, AZ 85224 | AZ | 2012-05 | $0 |
| 18 | Cottonwood Economic Development Council | 821 N Main St, Cottonwood, AZ 86326-4012 | AZ | 2014-07 | $0 |
| 19 | Cplc Nevada Inc | 1112 E Buckeye Rd, Phoenix, AZ 85034-4043 | AZ | 2015-03 | $0 |
| 20 | Deer Valley Pilots Association | 702 W Deer Valley Road, Phoenix, AZ 85027 | AZ | 2011-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,253 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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