Michigan Business Aviation Association in Lansing, Michigan (MI)

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Michigan Business Aviation Association
Employer Identification Number (EIN)383391585
Name of OrganizationMichigan Business Aviation Association
Address120 N Washington Square, Lansing, MI 48933-1617
ActivitiesGiving information or opinion (see also Advocacy)
SubsectionBusiness League
Ruling Date03/1998
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$43,571
Amount of Income$87,630
Form 990 Revenue Amount$70,573


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$48,487$59,267$70,573
Contributions, gifts, grants, and similar amounts received$19,750$24,275$25,050
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$23,740$25,220$42,800
Investment income$1$5$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$4,996$5,526$2,723
Gross income from gaming$0$0$0
Gross income from fundraising events$23,560$21,565$19,780
Less: direct expenses from gaming and fundraising events$18,564$16,039$17,057
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$4,241$0
Total expenses$70,765$71,308$70,364
Total net assets$35,903$23,862$24,071
Excess/Deficit for the year$-22,278$-12,041$209
Net assets or fund balances at beginning of year$58,181$35,903$23,862
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$23,862$24,071
Balance Sheets
201120122013
Total assets$48,148$41,312$43,571
Total liabilities$12,245$17,450$19,500
Net assets or fund balances$35,903$23,862$24,071
Other Information
201120122013
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 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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