Crane Technology Inc in Bloomington, Indiana (IN)

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Crane Technology Inc
Employer Identification Number (EIN)201505048
Name of OrganizationCrane Technology Inc
In Care of NameJim Shelton
Address116 W 6th St Ste 200, Bloomington, IN 47404-3927
SubsectionCharitable Organization
Ruling Date09/2005
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 Period12/2012
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$88,964
Amount of Income$7,597
Form 990 Revenue Amount$7,597
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2012: $7,597 (it was $48,963 in 2011)
Crane Technology Inc: 

 $7,597
Other organizations performing similar types of work: 

 $135,279

Assets in 2012: $88,964 (it was $409,476 in 2011)
This organization: 

 $88,964
Other organizations performing similar types of work: 

 $114,906

Expenses in 2012: $328,110
Crane Technology Inc: 

 $328,110
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2012: 0.0
This organization: 

 0.0
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2012: 97.6%
This organization: 

 97.6%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

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$7,597
Contributions, Gifts, Grants and Other Similar Amounts$7,415
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$182
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$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$328,110
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$271,626
Payroll taxes$0
Professional fundraising services$0
Other$56,484
Balance Sheet (for 2012)
Total assets$88,964
Total liabilities$0
Total net assets or fund balances$88,964
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 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$2,263,562
Gifts, grants, contributions, and membership fees received$2,238,168
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$25,394
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2Eastern Indiana Region Vi Regionalworkforce Board122 E Main St, Muncie, IN 47305-2839IN2010-09$6,824,421
3Elevate Ventures Inc50 E 91st St Ste 213, Indianapolis, IN 46240-1555IN2011-09$3,947,692
4Grow Southwest Indiana Workforceboard Inc318 Main St Ste 504, Evansville, IN 47708-1478IN2007-08$3,417,860
5South Central Region 8 Workforce Board Inc2597 W Vernal Pike, Bloomington, IN 47404-2782IN2007-12$2,422,056
6Radius Indiana Inc, Radius Indiana1504 I St, Bedford, IN 47421-3836IN2010-06$1,533,803
7Evansville Sports CorporationPO BOX 209, Evansville, IN 47702-0209IN2010-11$1,117,048
8Carmel City Center Community Development Corporation3850 Priority Way S Ste 225, Indianapolis, IN 46240IN2011-09$954,556
9Battery Innovation Center Inc111 Monument Circle Suite 1800, Indianapolis, IN 46204IN2012-02$777,118
10Tourism Tomorrow Inc200 S Capitol Ave Ste 300, Indianapolis, IN 46225-1063IN2002-01$755,463
11Cassopolis Historcial Restoration Group418 W Jefferson Blvd, South Bend, IN 46601-1515IN2012-03$482,810
12Lagrange County Economic Development Corporation304 N Townline Rd Ste 2, Lagrange, IN 46761-1327IN2009-08$241,249
13Jobsource IncP O Box 149, Anderson, IN 46015IN2011-03$180,762
14Warren County Local Economic Development Organization Inc, Wcledo31 N Monroe St, Williamsport, IN 47993-1117IN2002-03$152,830
15White County Tourism Authority Inc1200 S 6th St, Monticello, IN 47960-8200IN2012-01$138,700
16Wabash County Convention And Visitors Bureau Inc221 S Miami St, Wabash, IN 46992-3131IN2013-05$129,976
17Community Investment Fund Of Indiana Inc30 S Meridian St Ste 1000, Indianapolis, IN 46204-3565IN2013-02$79,120
18U S 31 Coalition Inc1 N Capitol Ave Ste 1050, Indianapolis, IN 46204-2028IN1999-11$74,061
19Martin County Alliance For Economic Growth600 S Kentucky Ave, Loogootee, IN 47553-2214IN2011-12$53,028
20Muncie Action Plan Inc2005 S High St, Muncie, IN 47302-4073IN2012-01$39,921
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

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