Terminal Properties Exchange Inc in Wilmington, Delaware (DE)

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Terminal Properties Exchange Inc
Employer Identification Number (EIN)592553688
Name of OrganizationTerminal Properties Exchange Inc
In Care of NameCompany Corporation
Address2711 Centerville Rd Ste 400, Wilmington, DE 19808-1645
SubsectionBusiness League
Ruling Date10/2003
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period01/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$75,710
Amount of Income$78,262
Form 990 Revenue Amount$37,209
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2014: $78,262 (it was $73,736 in 2013)
This organization: 

 $78,262
Other organizations performing similar types of work: 

 $88,861

Assets in 2014: $75,710 (it was $64,632 in 2013)
Terminal Properties Exchange Inc: 

 $75,710
Other organizations performing similar types of work: 

 $51,691

Expenses in 2014: $26,131
Terminal Properties Exchange Inc: 

 $26,131
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2014: 3.0
Terminal Properties Exchange Inc: 

 3.0
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2014: 0.0%
Terminal Properties Exchange Inc: 

 0.0%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$32,258$28,779$37,209
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$12$0
Membership dues and assessments$8,575$11,680$10,345
Investment income$139$94$117
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$23,544$16,993$26,747
Gross income from gaming$0$0$0
Gross income from fundraising events$59,650$61,950$67,800
Less: direct expenses from gaming and fundraising events$36,106$44,957$41,053
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$22,745$24,418$26,131
Total net assets$60,271$64,632$75,710
Excess/Deficit for the year$9,513$4,361$11,078
Net assets or fund balances at beginning of year$50,758$60,271$64,632
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$64,632$75,710
Balance Sheets
201220132014
Total assets$60,271$64,632$75,710
Total liabilities$0$0$0
Net assets or fund balances$60,271$64,632$75,710
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance838 Granby St, Norfolk, VA 23510-2051VA2008-09$17,149,516
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4American Suntanning Association1209 N Orange St, Wilmington, DE 19801-1120DE2013-06$1,314,530
5Delaware Sustainable Chemistry Alliance Inc, Desca1313 N Market St, Wilmington, DE 19801DE2011-03$309,313
6Delaware Captive Insurance Association Inc4023 Kennett Pike Box 801, Wilmington, DE 19807-2018DE2007-01$286,434
7American College Of Environmental Lawyers IncorporatedRichards Layton Finger Po Box 551, Wilmington, DE 19899DE2009-03$117,022
8Delaware Sports Commission Inc99 Kings Hwy, Dover, DE 19901-7305DE2014-04$95,599
9Terminal Properties Exchange Inc2711 Centerville Rd Ste 400, Wilmington, DE 19808-1645DE2003-10$78,262
10Technology Forum Of Delaware200 Pennsylvania Avenue No 210, Wilmington, DE 19804DE2004-05$49,000
11Sepac IncPO BOX 12878, Wilmington, DE 19850-2878DE2009-07$39,880
12Association Of Remedial Educators Inc34 Liberty Plaza, Newark, DE 19711-5591DE2010-06$20,806
13Kent County Early Childhood Directors Association100 Campus Dr, Dover, DE 19904-1383DE2005-12$270
14African-American Postal League United For Success A-PlusP O Box 12888, Wilmington, DE 19850-2888DE2004-01$0
15American Business Council Kuwait2711 Centerville Rd Ste 400, Wilmington, DE 19808-1645DE2014-10$0
16Art Educators Of Delaware, Delaware Art Education Association81 Stoney Drive, Dover, DE 19904DE2012-06$0
17Association For Business Cooperation Indonesia Inc2711 Centerville Rd Ste 400, Wilmington, DE 19808-1645DE2014-08$0
18Association For Global Business Research800 Baylor Dr Ste 800, Newark, DE 19711-3126DE2014-02$0
19Claymont Business Owners Association2803 B Philadelphia Pike Ste 138, Claymont, DE 19703DE2000-05$0
20Delaware Association Of Appraisers Inc606 East Jewell Street, Delmar, DE 19940DE2007-11$0
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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