Fayette County Economic Development Commission in West Union, Iowa (IA)

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Fayette County Economic Development Commission
Employer Identification Number (EIN)421342891
Name of OrganizationFayette County Economic Development Commission
Address101 N Vine St, West Union, IA 52175-1346
ActivitiesAttracting new industry or retaining industry in an area
SubsectionCivic League
Ruling Date12/1990
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$93,218
Amount of Income$136,507
Form 990 Revenue Amount$136,507


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$107,591$125,940
Contributions, gifts, grants, and similar amounts received$107,591$125,940
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$105,866$123,010
Total net assets$61,053$63,983
Excess/Deficit for the year$1,725$2,930
Net assets or fund balances at beginning of year$59,328$61,053
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$63,983
Balance Sheets
20122013
Total assets$61,053$63,983
Total liabilities$0$0
Net assets or fund balances$61,053$63,983
Other Information
20122013
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 activitiesNoNo
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
Gross receipts for public use of club facilities$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 supported0
Sum of amounts of support$0
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