Valley Airport Inc in Missouri Vly, Iowa (IA)
Table of contents:
| Valley Airport Inc | |
| Employer Identification Number (EIN) | 421405648 |
| Name of Organization | Valley Airport Inc |
| In Care of Name | John W Kellogg |
| Address | PO BOX 306, Missouri Vly, IA 51555-0306 |
| Activities | Community service organization |
| Subsection | Charitable Organization |
| Ruling Date | 08/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 05/2014 |
| Assets | $10,000 to $24,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $24,612 |
| Amount of Income | $7,241 |
| Form 990 Revenue Amount | $7,241 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community Service Clubs |
Non-representatives - add comments:
Amount of income in 2014: $7,241 (it was $6,705 in 2013)
| This organization: | $7,241 |
| Other organizations performing similar types of work: | $113,829 |
Assets in 2014: $24,612 (it was $22,285 in 2013)
| This organization: | $24,612 |
| Other organizations performing similar types of work: | $160,801 |
Expenses in 2014: $4,914
| Valley Airport Inc: | $4,914 |
| Other organizations performing similar types of work: | $81,633 |
Income to expenses ratio in 2014: 1.5
| This organization: | 1.5 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2014: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 10.7% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $7,146 | $6,705 | $7,241 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $6,630 | $6,465 | $7,090 |
| Investment income | $516 | $240 | $151 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $5,526 | $5,659 | $4,914 |
| Total net assets | $21,239 | $22,285 | $24,612 |
| Excess/Deficit for the year | $1,620 | $1,046 | $2,327 |
| Net assets or fund balances at beginning of year | $19,619 | $21,239 | $22,285 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $22,285 | $24,612 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $21,239 | $22,285 | $24,612 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $21,239 | $22,285 | $24,612 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | 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 | No | |
| 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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $35,330 |
| Subtotal | $35,330 |
| Gifts, grants, contributions, and membership fees received | $35,330 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $36,704 |
| Public support | $35,330 |
| Subtotal | $1,374 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $1,374 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sightlife | 1200 6th Ave Ste 300, Seattle, WA 98101-1128 | WA | 1970-03 | $24,652,808 |
| 2 | Sinai Community Institute Inc | California Ave 15th St, Chicago, IL 60608 | IL | 1994-10 | $6,835,821 |
| 3 | Country Winds Manor Inc | 21668 80th St, Cresco, IA 52136-8412 | IA | 1990-02 | $2,902,641 |
| 4 | St Pauls Community Development Corporation | 451 Van Houten St, Paterson, NJ 07501-2119 | NJ | 1992-01 | $2,288,336 |
| 5 | Stepping Stones Inc, C-O Peter Mclenighan | 1621 Theodore St, Joliet, IL 60435-1958 | IL | 1992-02 | $2,185,284 |
| 6 | Samoan Community Development Center Incorporated | 2055 Sunnydale Ave 100, San Francisco, CA 94134-2611 | CA | 1992-08 | $1,714,445 |
| 7 | Volunteer Center Of Lubbock Inc | 1706 23rd St Ste 101, Lubbock, TX 79411-1235 | TX | 1991-02 | $1,547,775 |
| 8 | Shawnee County Family Resource Center Inc | 400 Sw Oakley Ave, Topeka, KS 66606-2039 | KS | 1996-05 | $1,516,112 |
| 9 | Muscatines Center For Strategic Action | 312 Iowa Ave, Muscatine, IA 52761-3836 | IA | 1996-05 | $709,105 |
| 10 | Central Iowa Center For Independent Living | 655 Walnut St Ste 131, Des Moines, IA 50309-3930 | IA | 1991-07 | $204,656 |
| 11 | Rotary District 6000 Humanitarian And Educational Foundation Inc | PO BOX 122, Pella, IA 50219-0122 | IA | 1991-04 | $93,640 |
| 12 | Assistance League Of Marshalltown Inc | 2013 Gethmann Dr, Marshalltown, IA 50158-6068 | IA | 1972-03 | $61,901 |
| 13 | Mills County Child Abuse Council Incorporated | Po Box 209, Glenwood, IA 51534 | IA | 1997-01 | $59,070 |
| 14 | Rotary International, Fort Dodge Noon Rotary Club | Po Box 935, Fort Dodge, IA 50501 | IA | $53,239 | |
| 15 | Sertoma International Sponsorship Fund Sioux City Sertoma Club, 10416 | PO BOX 298, Sioux City, IA 51102-0268 | IA | 1979-01 | $20,765 |
| 16 | Valley Airport Inc | PO BOX 306, Missouri Vly, IA 51555-0306 | IA | 1995-08 | $7,241 |
| 17 | Birthright Of Humboldt, Birthright Of Fort Dodge | 1728 Central Ave Suite 12, Fort Dodge, IA 50501 | IA | 1993-06 | $0 |
| 18 | Birthright Of Knoxville | 111 E Marion, Knoxville, IA 50138 | IA | 1993-08 | $0 |
| 19 | Carroll Area Victim Services | 225 E 7th St, Carroll, IA 51401 | IA | 1998-04 | $0 |
| 20 | Davenport North High School Instrumental Music Boosters | 626 W 53rd St, Davenport, IA 52806 | IA | 1994-04 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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