Metals Service Center Institute Foundation in Rolling Mdws, Illinois (IL)

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Metals Service Center Institute Foundation
Employer Identification Number (EIN)341270863
Name of OrganizationMetals Service Center Institute Foundation
Address4201 Euclid Ave, Rolling Mdws, IL 60008-2025
ActivitiesOther scientific research activities, Scholarships (other)
SubsectionCharitable Organization, Educational Organization
Ruling Date06/2004
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,211,624
Amount of Income$3,226,554
Form 990 Revenue Amount$260,588
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2013: $3,226,554 (it was $88,969 in 2012)
Metals Service Center Institute Foundation: 

 $3,226,554
Other organizations performing similar types of work: 

 $88,861

Assets in 2013: $1,211,624 (it was $1,287,857 in 2012)
Metals Service Center Institute Foundation: 

 $1,211,624
Other organizations performing similar types of work: 

 $51,691

Expenses in 2012: $303,612
Metals Service Center Institute Foundation: 

 $303,612
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2012: 10.6
Metals Service Center Institute Foundation: 

 10.6
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$25,560
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$21,592
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$3,968
Gross amount from sales of assets other than inventory (Securities / Other)$67,377 / $0
Less: cost or other basis and sales expenses (Securities / Other)$63,409 / $0
Gain or (loss) (Securities / Other)$3,968 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$303,612
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$303,612
Balance Sheet (for 2012)
Total assets$1,287,857
Total liabilities$5,559
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$5,559
Total net assets or fund balances$1,282,298
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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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
4National Workers Compensation Reinsurance Assocation Nfp111 S Wacker Drive, Chicago, IL 60606-4410IL2009-01$6,267,197
5The Society Of Industrial And Office RealtorsOffice Realtors, Chicago, IL 60611IL1946-05$6,001,113
6American Society For Surgery Of The Hand Professional Organization, Asshpo822 W Washington Blvd, Chicago, IL 60607-2302IL2015-03$4,344,229
7Utilization Technology Development Nfp1700 S Mount Prospect Rd, Des Plaines, IL 60018-1804IL2006-03$4,188,285
8Quad Cities Chamber Of Commerce Inc1601 River Dr Ste 310, Moline, IL 61265-1447IL2012-01$4,011,986
9Tr Boxborough Corp120 N La Salle St Ste 1750, Chicago, IL 60602-2492IL2007-05$2,895,102
10Global Dairy Platform Inc10255 W Higgins Rd Ste 820, Rosemont, IL 60018-5614IL2012-10$2,272,522
11Illinois Science And Technology Coalition222 Merchandise Mart Place, Chicago, IL 60654-1103IL2009-08$1,889,035
12Word Of Mouth Marketing Association, Womma200 East Randolph Street, Chicago, IL 60601-6436IL2009-08$1,602,983
13Wireless Internet Service AssociationPO BOX 1582, Mount Vernon, IL 62864-0031IL2005-04$1,487,863
14Wine And Spirits Distributors Assn27 E Monroe St Ste 1200, Chicago, IL 60603-5672IL2001-03$1,454,502
15Coalition For Responsible Gaming Expansion304 Wainwright Dr Ste 280, Northbrook, IL 60062-1922IL2014-07$903,333
16West Town Chicago Chamber Of Commerce1819 W Chicago Ave, Chicago, IL 60622-5980IL2009-02$897,826
17Quad Cities First Inc1601 River Dr Ste 310, Moline, IL 61265-1447IL2010-11$819,667
18Vermilion Advantage Nfp28 W North Street, Danville, IL 61832-5766IL1965-01$720,705
19American Society For Dermatologic Surgery Association5550 Meadowbrook Drive No 120, Rolling Meadows, IL 60008IL2010-09$701,068
20Schaumburg Business Association1501 E Woodfield Rd Ste 115n, Schaumburg, IL 60173-4945IL2002-08$648,674
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
All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralMetals Service Center Institute Foundation4201 Euclid Ave, Rolling Mdws, IL 60008-2025IL2004-06$3,226,554
SubordinateMetals Service Center Institute Foundation For Continuing Educatio, Florida Scholarship Foundation5051 Cleveland Rd, Jacksonville, FL 32209-2856FL2004-06$82,759
SubordinateMsci Mid-America Chapter Scholarship Fund1700 W 25th Street, Kansas City, MO 64108MO2004-06$0
SubordinateMetals Service Center Institute Foundation For Continuing Educatio, Northwest Chapter Scholarship Fund3700 222 S Ninth St, Minneapolis, MN 55402MN2004-06$0
Number of affiliated organizations
Florida1
Illinois1
Minnesota1
Missouri1
Total4

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