Kentucky Real Estate Inspectors Association Inc, Kreia in Madisonville, Kentucky (KY)

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Kentucky Real Estate Inspectors Association Inc, Kreia
Employer Identification Number (EIN)205530634
Name of OrganizationKentucky Real Estate Inspectors Association Inc
Secondary NameKreia
In Care of NameJ R Bone
Address334 N Main St, Madisonville, KY 42431-1551
SubsectionBoard of Trade
Ruling Date06/2008
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$26,567
Amount of Income$57,049
Form 990 Revenue Amount$57,049
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Business and Industry


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Amount of income in 2014: $57,049 (it was $27,231 in 2013)
Kentucky Real Estate Inspectors Association Inc, Kreia: 

 $57,049
Other organizations performing similar types of work: 

 $85,710

Assets in 2014: $26,567 (it was $13,880 in 2013)
Kentucky Real Estate Inspectors Association Inc, Kreia: 

 $26,567
Other organizations performing similar types of work: 

 $49,958

Expenses in 2014: $44,385
Kentucky Real Estate Inspectors Association Inc, Kreia: 

 $44,385
Other organizations performing similar types of work: 

 $75,630

Income to expenses ratio in 2014: 1.3
Kentucky Real Estate Inspectors Association Inc, Kreia: 

 1.3
Other organizations performing similar types of work: 

 1.0

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2011201220132014
Total revenue$33,192$39,630$27,231$57,049
Contributions, gifts, grants, and similar amounts received$0$0$0$0
Program service revenue including government fees and contracts$16,869$16,508$12,786$24,639
Membership dues and assessments$16,323$23,122$14,445$32,410
Investment income$0$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$0$0$0$0
Other revenue$0$0$0$0
Total expenses$35,486$28,923$38,645$44,385
Total net assets$14,411$25,228$13,880$26,567
Excess/Deficit for the year$-2,294$10,707$-11,414$12,664
Net assets or fund balances at beginning of year$16,800$14,412$25,229$13,880
Other changes in net assets or fund balances$-95$109$65$23
Net assets or fund balances at end of year$25,228$13,880$26,567
Balance Sheets
2011201220132014
Total assets$14,411$25,228$13,880$26,567
Total liabilities$0$0$0$0
Net assets or fund balances$14,411$25,228$13,880$26,567
Other Information
2011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
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?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$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?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
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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2Union County Industrial Development Authority IncPO BOX 374, Morganfield, KY 42437-0374KY2013-04$229,463
3Local Food Association Inc2101 Carpenter Pike, Versailles, KY 40383-9503KY2014-03$140,088
4Kentucky Association Of Career Colleges And Schools IncPO BOX 99367, Louisville, KY 40269-0367KY2014-06$122,495
5Old Louisville Business And Professional Association1302 Texas Avenue, Louisville, KY 40217KY2011-09$55,423
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7Kentucky Wineries Association, Bestkywineries3205 Springfield Rd, Bloomfield, KY 40008-7311KY2013-05$48,359
8Kentucky Recycling Association Inc541 Buttermilk Pike Ste 305, Crescent Spgs, KY 41017-1689KY2011-02$46,377
9Bed & Breakfast Association Of Kentucky1347 South Third St, Louisville, KY 40208KY2012-10$0
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Number of organizations performing similar types of work
Alaska13
Alabama31
Arkansas22
Arizona43
California277
Colorado46
Connecticut33
District of Columbia50
Delaware9
Florida124
Georgia45
Hawaii13
Iowa31
Idaho13
Illinois65
Indiana42
Kansas26
Kentucky35
Louisiana28
Massachusetts48
Maryland37
Maine14
Michigan85
Minnesota47
Missouri43
Mississippi19
Montana15
North Carolina65
North Dakota13
Nebraska17
New Hampshire13
New Jersey58
New Mexico18
Nevada17
New York146
Ohio65
Oklahoma19
Oregon55
Pennsylvania82
Rhode Island8
South Carolina30
South Dakota10
Tennessee34
Texas146
Utah21
Virginia90
Vermont7
Washington66
Wisconsin42
West Virginia16
Wyoming10
International4
Total2,306

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