Manchester Economic Development Corporation in North Manchester, Indiana (IN)

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Manchester Economic Development Corporation
Employer Identification Number (EIN)351936999
Name of OrganizationManchester Economic Development Corporation
In Care of NameLaura Rager
Address103 E Main Street, North Manchester, IN 46962
ActivitiesAttracting new industry or retaining industry in an area
SubsectionCivic League
Ruling Date04/2014
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2007
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$394,002
Amount of Income$31,708
Form 990 Revenue Amount$31,708
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2007: $31,708 (it was $31,708 in 2013)
Manchester Economic Development Corporation: 

 $31,708
Other organizations performing similar types of work: 

 $135,279

Assets in 2007: $394,002 (it was $394,002 in 2013)
Manchester Economic Development Corporation: 

 $394,002
Other organizations performing similar types of work: 

 $114,906

Expenses in 2013: $75,525
Manchester Economic Development Corporation: 

 $75,525
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2013: 0.4
This organization: 

 0.4
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2013: 0.0%
Manchester Economic Development Corporation: 

 0.0%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$31,708
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$31,708
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$75,525
Total net assets$394,002
Excess/Deficit for the year$-43,817
Net assets or fund balances at beginning of year$407,919
Other changes in net assets or fund balances$29,900
Net assets or fund balances at end of year$394,002
Balance Sheets
2013
Total assets$394,002
Total liabilities$0
Net assets or fund balances$394,002
Other Information
2013
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 activitiesNo
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
Gross receipts for public use of club facilities$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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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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