Oakland Industrial Foundation Inc in Council Bluffs, Iowa (IA)

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Oakland Industrial Foundation Inc
Employer Identification Number (EIN)421444889
Name of OrganizationOakland Industrial Foundation Inc
In Care of NameDON APPLEGATE
AddressPO BOX 2029, Council Bluffs, IA 51502
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Community health planning
SubsectionCharitable Organization
Ruling Date04/1997
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 Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$78,948
Amount of Income$7,138
Form 990 Revenue Amount$7,138
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$754
Contributions, gifts, grants, and similar amounts received$575
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$179
Gain from sale of assets other than inventory$0
Gross amount from sale of assets other than inventory$31,000
Less: cost or other basis and sales expenses$31,000
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$4,324
Total net assets$75,378
Deficit for the year$-3,570
Net assets or fund balances at beginning of year$78,948
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$75,378
Total liabilities$0
Net assets or fund balances$75,378
Other Information (for 2012)
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 2012)
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 2012)
2008 - 2012 Total
Total Support$17,044
Gifts, grants, contributions, and membership fees received$16,345
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$699
Gross receipts from related activities, etc.$0
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