Northeastern Maryland Technology Council Inc in Aberdeen, Maryland (MD)

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Northeastern Maryland Technology Council Inc
Employer Identification Number (EIN)521807245
Name of OrganizationNortheastern Maryland Technology Council Inc
In Care of NameHeat Center
Address1201 Technology Dr, Aberdeen, MD 21001-1247
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBusiness League
Ruling Date07/1994
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$96,135
Amount of Income$125,518
Form 990 Revenue Amount$97,585


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Financial snapshot ($)

0
30,000
60,000
90,000
120,000
150,000
2007
2009
2010
2011
2012
2013
2014
Revenue
Assets
Expenses

Revenue for 2014

Gross income from fundraising events (34%)
Investment income (0%)
Membership dues and assessments (34%)
Contributions, gifts, grants, etc. (33%)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$112,377$80,171$97,585
Contributions, gifts, grants, and similar amounts received$41,260$24,739$40,917
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$46,365$34,134$42,150
Investment income$483$281$199
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$24,269$21,017$14,319
Gross income from gaming$0$0$0
Gross income from fundraising events$57,970$47,355$42,252
Less: direct expenses from gaming and fundraising events$33,701$26,338$27,933
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$104,033$111,510$76,316
Total net assets$105,691$75,963$96,135
Excess/Deficit for the year$8,344$-31,339$21,269
Net assets or fund balances at beginning of year$97,347$105,691$75,963
Other changes in net assets or fund balances$0$1,611$-1,097
Net assets or fund balances at end of year$75,963$96,135
Balance Sheets
201220132014
Total assets$106,132$76,706$96,135
Total liabilities$441$743$0
Net assets or fund balances$105,691$75,963$96,135
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
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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